Chelsea Partners · Austin, TX
Multifamily Investment Management.
Chelsea Partners is a principal-led investment firm — the people who underwrite a deal are the people who run it. We buy well-located properties with untapped potential and create value through hands-on execution.
About us
We buy what we know how to operate.
One of us has spent fifteen years acquiring multifamily across New York, Florida, and Texas. The other has spent two decades running construction and property operations — 10,000 turnovers and $63 million of capital projects delivered for institutional owners. Both sit at the same table when we underwrite a deal.
Career experience
Career investments
Texas investments
Years combined
Apartments renovated
01
Operators first
When we price a renovation, it is priced by someone who has managed that work at scale. When we model a lease-up, it is modeled by someone who has run one. Every number in the model has a person behind it who has done the thing.
02
Service as a foundation
Our investors should not have to ask. Distributions, performance against budget, and the reasoning behind both arrive on a schedule. When something goes wrong — in real estate it eventually does — you hear it from us first.
03
Disciplined underwriting
We weight scenarios instead of defending a single base case, and we separate the decisions we control from what the market decides. We walk every unit before we model it, so the assumptions come from what we saw.
Strategy
Opportunistic multifamily, focused on three Texas markets.
We buy Class B & C multifamily in Texas growth markets — well-located assets with operational upside our team can capture ourselves: renovations we price from experience, leasing we run hands-on, expenses we control line by line.
Strategy
Class B & C Multifamily
Property Size
100–300 units
Investment Size
$15–$50M
Markets
Austin, Dallas & Houston
Our approach
01
Relationship-driven sourcing
We have spent years building relationships with the brokers, owners, and lenders who know these markets best, and we work to be a reliable counterparty in every transaction.
02
Cycle awareness
We're buyers when capital is scarce and patient when it isn't, looking for mis-priced assets arising from operational or financial distress — a compelling basis first, upside second.
Acquisitions · New York → Texas · 15 years
Zach Rosenberg
Managing Principal
Zach is an accomplished real estate professional with 15 years of experience and a successful track record of acquiring and executing multifamily investments. He is a hands-on, entrepreneurial leader who has forged a career in some of the most competitive markets, including Texas, New York, and Florida.
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Prior to founding Chelsea Partners, Zach served as Portfolio Director and Investment Committee Member for the H.G. Fenton Company.
Prior to this, Zach led acquisitions at Greystone Development, a subsidiary of top-ranked FHA lender, and Greystone & Co, Meritage Homes, a national publicly-traded homebuilder. He started his career as an owner's rep for a 2nd generation New York family office, MAK Realty, and later as a sales associate for a top-producing New York investment sales team led by Bob Knakal.
Zach holds a master's degree in Real Estate Finance from New York University, as well as an undergraduate degree in Entrepreneurial Studies from Baruch College. He currently resides in Austin with his family.
Career Investments
Investments
Years Experience
Construction & operations · Austin · 23 years
Miriam Mejia
VP of Construction
Miriam Mejia is a seasoned general contractor and real estate professional with over 23 years in construction management and operations. As founder and CEO of Candid Services, an Austin-based general contracting firm, she has directed over $63 million in capital improvement projects, executing over 3,500 unit renovations and 10,000 turnovers for institutional clients including Blackstone, American Campus Communities, RPM Living, and The Cardinal Group.
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Under Miriam's leadership, Candid Services has completed projects across the Austin, San Antonio, Dallas, Houston, and Corpus Christi MSAs. Prior to forming Candid Construction, Miriam spent 9 years in property management, holding leadership positions for prominent companies in Austin.
For the past seven years, Candid served as the preferred general contractor for the H.G. Fenton Company, completing over 700 unit renovations. As VP of Construction at Chelsea Partners, Miriam oversees all capital projects, giving the firm an in-house construction capability that delivers renovations with direct control over quality and cost. She lives with her family in Lakeway, TX.
Years Experience
Capital Projects
Apartments
Portfolio
What we own.
One asset today, in the submarket we know best. We would rather own a small number of properties we can run ourselves than a portfolio we can only watch.
Current investment · Austin, TX
Park at Wells Branch
A garden-style multifamily community in the Wells Branch submarket of north Austin, acquired and operated by Chelsea Partners.
- 304 units
- Built 1987
- Wells Branch, North Austin
- Acquired March 2025
Contact
Get in touch.
If you would like to learn more about Chelsea Partners or our current investments, we would welcome hearing from you.
- Phone
- 917.399.3908
- Office
- Austin, Texas