September 8, 2025 – Elim Investment Management has acquired four premier multifamily properties totaling 742 units in Dallas’ vibrant Knox Henderson district. In partnership with leading institutional investors, these acquisitions mark a significant expansion of Elim’s U.S. portfolio.
Purchased at approximately 30% below replacement cost, these well-maintained mid-2000s properties are poised for transformation. The operator will implement a value-add repositioning strategy, including unit modernizations, enhanced amenities, and rebranding to boost rental income and long-term asset value. This approach capitalizes on Dallas’ robust demographic and economic growth.
Why Dallas Shines as an Investment Hub
Dallas has solidified its position as a top U.S. investment market, blending a vibrant cultural scene with a booming financial sector. Uptown, just minutes from Elim’s newly acquired properties, is an economic powerhouse, driven by developments like the Texas Stock Exchange (TXSE), backed by BlackRock and Citadel Securities, and Scotiabank’s new regional hub. These catalysts are expected to drive job growth, rental demand, and sustained housing needs across the metroplex.
Knox Henderson, a walkable and amenity-rich neighborhood, is renowned for its upscale dining, boutique retail, and lively culture, making it one of Dallas’ most sought-after rental markets. Elim’s four properties are ideally positioned to leverage both Knox Henderson’s lifestyle appeal and Uptown’s economic momentum.
Insights from Elim’s Leadership
“We are excited to add four new assets to our Dallas portfolio,” said Harvey Li, Managing Partner at Elim Investment Management. “This strategic acquisition, in partnership with other institutional investors, reflects our commitment to unlocking value through repositioning while delivering exceptional outcomes for investors and residents alike.”
Stanley Kung, Managing Partner at Elim, added: “Dallas is a market with tremendous growth potential. By partnering with local operator to modernize these properties, we aim to create contemporary, in-demand communities that align with today’s renter preferences. With growing interest in multifamily investments from our client network, we will continue pursuing value-add and core-plus strategies in high-growth markets defined by strong job creation, population growth, and rental demand.”
About Elim Investment Management
ELIM is an investment management company specializing in North America real estate focusing on rental housing including multifamily, built-to-rent community and student housing apartment. Our mission is to deliver superior investment services with income and growth returns through our disciplined investment approach, prudent risk management, and exceptional management team.
