Founded in 2019, Pegasus Real Estate is a privately held commercial real estate private equity firm headquartered in Dallas, Texas. The company specializes in the acquisition, repositioning, and management of multifamily and light industrial assets located in major metropolitan markets across the United States. Pegasus targets properties with unique attributes in strategic locations, particularly in high-growth corridors and submarkets with favorable supply-demand fundamentals and barriers to entry. The firm’s investment strategy is centered on value creation through hands-on asset management, capital improvements, and operational optimization. Pegasus sources deals through a broad network of owners, lenders, and brokers, and conducts rigorous underwriting and due diligence to identify opportunities that align with macro-driven investment themes. Its business model includes repositioning underperforming assets, executing targeted marketing plans, and implementing yield management and ancillary revenue strategies to enhance net operating income. Pegasus Real Estate has transacted over 11.14 million square feet of land and 4.22 million square feet of rentable space, deploying more than $826 million in total capital. The firm partners with third-party property management, leasing, and construction companies to maintain asset value and deliver returns to investors. Its portfolio is concentrated in multifamily and light industrial sectors, with a focus on markets such as Dallas-Fort Worth, Houston, and Phoenix. Top market exposures include Dallas, where the firm is headquartered and maintains multiple holdings; Houston, where recent acquisitions include Lakeside Apartments; and Phoenix, a target for industrial expansion. Tenant concentration is low due to the firm’s diversified leasing strategy across residential and service-oriented industrial users. Pegasus continues to evaluate hold-sell strategies quarterly to maximize investor returns.