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Creating Unique Investment Opportunities

Linville Capital is a private real estate investment firm based in Charlotte, NC that specializes in creating differentiated investment opportunities in the multifamily sector with a focus on affordable housing. The partners of the firm have combined experience of more than 75 years working in the affordable housing industry. The partners have developed or acquired more than 10,000 multifamily units across 8 states representing over $1.5 Billion transaction volume.

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Investment Strategies

We are an alternative asset manager focused on affordable and conventional multifamily housing, real estate private equity, and public equities.

Linville Affordable Housing LP

Linville Affordable Housing LP is a special purpose investment vehicle that was created to acquire operating companies which provide asset management, development, and property management services to affordable housing assets owned by our sponsored investment entities.

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Affordable Housing Investment Vehicles

Linville Capital and its affiliates sponsor investment vehicles that acquire and preserve affordable housing. These vehicles are typically structured as programmatic joint ventures and closed end funds. These funds generally pursue assets financed with federal Low-Income Housing Tax Credits or USDA Rural Development 515 Loans.

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Conventional Multifamily Housing

Linville Capital acts as the sponsor for the acquisition and development of individual multifamily projects throughout the southeast. We partner with developers to deliver best-in-class investment opportunities to accredited investors. We have specific expertise in working with HUD loan products such as the HUD 221(d)(4) Construction to Permanent Mortgage and the HUD 223(f) refinance mortgage.

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Investment Strategies

We are an alternative asset manager focused on affordable and conventional multifamily housing, real estate private equity, and public equities.

Affordable Housing Limited Partnership

Linville Affordable Housing LP is a special purpose investment vehicle that was created to acquire operating companies which provide asset management, development, and property management services to affordable housing assets owned by our sponsored investment entities.

Learn More

Affordable Housing Investment Vehicles

Linville Capital and its affiliates sponsor investment vehicles that acquire and preserve affordable housing. These vehicles are typically structured as programmatic joint ventures and closed end funds. These funds generally pursue assets financed with federal Low-Income Housing Tax Credits or USDA Rural Development 515 Loans.

Learn More

Conventional Multifamily Housing

Linville Capital acts as the sponsor for the acquisition and development of individual multifamily projects throughout the southeast. We partner with developers to deliver best-in-class investment opportunities to accredited investors. We have specific expertise in working with HUD loan products such as the HUD 221(d)(4) Construction to Permanent Mortgage and the HUD 223(f) refinance mortgage.

Learn More

Our Values

Impact Investing: making a profit and doing good are not mutually exclusive.

Honesty and Communication: give our partners the same information that you would want if our roles were reversed.

Transparency on fees: we believe asset management fees should only cover overhead, and success should be based on our performance.

Alignment: the principals of Linville Capital make meaningful investments alongside all of our partners to ensure alignment of interest.

Minimize loss ratio: allocating to the most attractive opportunities on a risk-adjusted basis is a tentpole of our investment strategy.

Traditional investments generate traditional returns: we seek complex opportunities that offer enhanced upside.

Go big or go home: small opportunities often require the same amount of diligence and effort as a large transaction. We focus on meaningful results.

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Linville’s Approach to Multifamily

Our investments in this sector target consistent and superior performance through economic cycles with reduced volatility.

Outperform Traditional Real Estate Investments

We focus on differentiated real estate assets and complementary businesses to deliver exceptional performance.

Unique Expertise

Our experience and relationships across the affordable and conventional multifamily sectors provide access to proprietary deal flow.

Industry Experience

As operators, developers, and investors, we have a deep understanding of the asset class and an extensive track record of generating strong performance.

About Linville Capital

Linville Capital draws its name from Linville Gorge. One of the largest and oldest canyons in the US, it has been carved by the persistent flow of the Linville River, representing a patient, deliberate process of creation.

Our investment philosophy is inspired by this principle: a focus on building enduring value through disciplined, long-term strategies. Accordingly, our investment approach is grounded in long-term relationship building. We seek to work with our partners to create wealth over the long term.

About the Team

A picture of Hollis Fitch

Hollis Fitch

CEO / Managing Partner
A picture of Robert Deaton

Robert Deaton, CFA

CIO / Managing Partner
A picture of Brannon Fitch

Brannon Fitch

Head of Finance / Partner
A picture of Charlie Irick.

Charlie Irick

Partner
A picture of Drew Sutton

Drew Sutton

Head of Acquisitions / Partner
A picture of Ira Slomka.

Ira Slomka

Partner
A picture of Brannon Fitch

Brannon Fitch

Head of Finance / Partner
A picture of Drew Sutton

Drew Sutton

Head of Acquisitions / Partner

Learn More About Our Strategy

If you would like to speak with us, please fill out the form below or give us a call.

By checking this box, you confirm that you meet the criteria of an Accredited Investor as defined by the U.S. Securities and Exchange Commission (SEC). For more details, please visit the SEC Accredited Investors page.
A picture of Hollis Fitch

Hollis Fitch

CEO / Managing Partner

Hollis co-founded Linville and is responsible for the overall operations and management of, as well as capital structuring for the firm’s investment strategies. Hollis has more than 20 years of experience in the acquisition, development, management, and disposition of multifamily housing. He has been a key principal in the development of more than 100 multifamily properties across the southeastern United States. Prior to Linville, he was a founder, the CEO, and Chairman of the Fitch Irick Corporation, where he closed and deployed over $1 billion of capital commitments. Hollis grew Fitch Irick from a team of 3 people to a vertically integrated multifamily affordable housing development, acquisition, and management firm with over 500 employees. Fitch Irick manages nearly 15,000 multifamily affordable housing units across 8 states. Hollis was named in Affordable Housing Finance Magazine’s Top 40 under 40 in 2022. He holds a B.A. in Real Estate and Finance from the University of South Carolina’s Darla Moore School of Business. He and his wife live in Charlotte, NC, with their three children and enjoy skiing, fly fishing, and flying in their spare time.

A picture of Robert Deaton

Robert Deaton, CFA

CIO / Managing Partner

Robert leads Linville Capital’s investment strategy. Prior to joining Linville, Robert founded SAI in 2011 and served as its Managing Partner. Prior to founding SAI, Robert was the founding partner of Cambium Capital, The Deaton Partnership, and Fat Pitch Capital private investment partnerships focused on public equities. Previously, Robert was a founding member of Bennett Lawrence Management, a New York-based investment management company that grew to over $2B in assets under management during his tenure at the firm.

Robert holds an AB from Davidson College, an MBA from Vanderbilt University, and is a CFA Charterholder. Robert is an active member of numerous community organizations. He served on the Advisory Board for the John M. Belk Scholarship at Davidson College and is the Co-Chairman of the Board of the Physicians’ Impact Fund. He is the former Chairman of the Board of the Novant Presbyterian Healthcare Foundation and the former Member of the Board of Trustees and Treasurer at The Fletcher School. He is also a former 3-term member of the Vanderbilt University School of Business Alumni Board and is a past two-term member of both the Board of Visitors at Davidson College and the Davidson Athletic Foundation. Robert and his wife live in Charlotte, NC, enjoy playing golf, and have 2 boys.

A picture of Brannon Fitch

Brannon Fitch

Head of Finance / Partner

Brannon leads Linville Capital’s debt and equity financing for our conventional and affordable multifamily housing strategies. He is also responsible for ensuring the firm’s regulatory compliance. With over 20 years of experience providing development, construction, and acquisition capital for commercial real estate ventures, he has structured more than $2 billion in equity and debt transactions. Prior to co-founding Linville, Brannon served as an EVP and Group President for the Commercial Banking division of Seacoast Bank. Before Seacoast, Brannon spent 18+ years with BB&T (now Truist Bank) in various roles, including commercial loan officer and real estate lender, middle market banker, and market president. During his banking tenure, Brannon structured debt and treasury solutions for enterprises with annual sales ranging from $5 million to $1.5 billion. This experience provided him with deal acumen that is central to our multifamily private-equity strategy.

Brannon holds a bachelor’s degree in finance from the University of Georgia and an MBA from the Smith School of Business at the University of Maryland. Brannon and his wife have 2 children and reside in Charlotte, NC.

A picture of Charlie Irick

Charlie Irick

Partner

Charlie is responsible for overseeing development investments made by Linville. Specifically, he identifies markets, collaborates with joint venture partners, and monitors high level development activities to ensure growth is strategically and effectively accomplished. Charlie has spent over 20 years in affordable housing and has been a key principal in the development of more than $0.6 billion of affordable housing assets. As the former Chief Development Officer and founding member of the Fitch Irick Corporation, he has successfully managed the development or rehabilitation of over 4,000 housing units, managed hundreds of relationships with key affordable housing industry players, and ensured that development capital was deployed efficiently, profitably, and impactfully. Charlie takes pride in making sure Linville’s development platform is as profitable as it is impactful.

Charlie holds a BS in Real Estate and Finance from the Darla Moore School of Business at the University of South Carolina. He and his wife live in Charlotte, NC, with their three children and enjoy attending sports and music events, the outdoors, and traveling.

A picture of Drew Sutton

Drew Sutton

Head of Acquisitions / Partner

Drew leads our investment strategy in conventional multifamily housing. Prior to joining Linville, Drew was a Partner at Southeast Apartment Investors (SAI), where he made over 20 investments in residential real estate, representing over $500 million in total capitalization. Before joining SAI, Drew was an associate at Summit Park, a private investment firm focused on acquisitions of lower middle market businesses across several industries. Previously, he served as an analyst at Jefferies in the investment banking division.

Drew holds a BS from the University of Virginia and an MBA from the University of Chicago Booth School of Business. Drew serves on the Advisory Board of the White Ruffin Byron Center for Real Estate at the University of Virginia and serves on the Real Estate Committee of Daly Seven, Inc., a hotel management and development company with over 40 properties located in North Carolina, South Carolina, and Virginia. He previously served on the Board of Directors of KindHeart, Inc., a surgical simulation startup that was acquired by Intuitive Surgical, Inc. Drew and his wife have three sons and reside in Charlotte, NC.

A picture of Ira Slomka.

Ira Slomka

Partner

Ira oversees acquisitions and dispositions for Linville’s affordable housing investments. Linville targets portfolio acquisitions of both LIHTC and USDA RD properties throughout the U.S.

He has spearheaded the ownership transfers of more than 250 individual affordable housing partnerships totaling more than $1 billion in net asset value. As the former Chief Operating Officer of Fitch Irick Corporation, Ira spent over 10 years overseeing asset management, disposition, and acquisition functions. As a licensed real estate broker, he was the Broker-in-Charge for Fitch Irick Management LLC, Fitch Irick Corporation’s property management subsidiary. Ira has over 20 years of vital commercial real estate experience across a number of asset classes, ensuring that he can see the whole picture of profitable asset growth. Before joining Fitch Irick Corporation, Ira managed a $25 million real estate acquisition fund, which he successfully exited.

Ira holds a BS in Marketing, MBA, and MS in Health Science from the University of Florida. He is the past Chair of the Foundation for the Charlotte Jewish Community and has served on the executive boards of the Jewish Federation of Greater Charlotte and Temple Israel of Charlotte. Ira is married with 3 grown kids. When not working, he is skiing, travelling, or looking for a good bottle of bourbon.