Under Evaluation
Texan Pearl
Austin, TX · Student Housing
164
Beds
15%
Target IRR
5 yr
Hold
7%
LP Pref
Commercial Real Estate · Texas Triangle · Est. 2026
Built for
the long pull.
Yoke Capital acquires and operates multifamily and manufactured housing communities across the Texas Triangle — Austin, San Antonio, Houston, and Dallas-Fort Worth. Conservative underwriting. Long holds. Two generations of Texas operating experience yoked to modern capital execution.
Yoke Capital by the numbers
$0M+
Capital Underwritten
0+
Deals Analyzed
0%
LP Preferred Return
0 yr
Target Hold
Our Mission
Two generations.
One yoke.
Yoke Capital exists at the intersection of three decades of Texas operating experience and modern underwriting discipline. Wade has operated multifamily and manufactured housing communities through every Texas cycle since 1995. Nate brings systematic underwriting, capital markets, and execution discipline to the partnership.
Neither generation pulls this load alone. The operating know-how doesn't compound without disciplined capital deployment. The capital doesn't compound without operators who know what to do with it once acquired. Yoked, we move what neither could move alone — patiently, conservatively, and over multi-year holds.
“We underwrite the deal before we underwrite the story.”
Yoke Capital values
01
Discipline
Walk away from more deals than you close.
02
Transparency
The numbers speak first. We just translate them.
03
Alignment
We invest alongside every dollar we raise.
04
Conservatism
Stress test the downside before chasing the upside.
05
Stewardship
Capital is a trust before it's a return.
06
Integrity
Say the hard thing. Especially when it costs us.
07
Curiosity
Markets shift. Frameworks evolve. We keep learning.
08
Patience
The right deal is worth the long wait.
What we do
Three lines of service.
One disciplined approach.
01
Acquisition & Syndication
We source, underwrite, and acquire multifamily and manufactured housing communities across the Texas Triangle on behalf of accredited investor partners. Standard structure: 7% LP preferred return, 70/30 promote, 90/10 equity split, five-year target hold.
02
Asset Management
Hands-on operating discipline across every property in the portfolio. Leasing strategy, capital improvements, lender relationships, and quarterly investor reporting written by operators — not marketers.
03
Strategic Advisory
For sponsors and family offices who want a counter-underwrite before bidding, structural review on a complex deal, or help thinking through value-add execution. Selective engagements, retainer or success fees.
Who we are
Two generations.
One yoke.
WE
Wade Easton
Principal
Thirty years operating multifamily and manufactured housing communities across Texas. Led acquisitions, repositioning, and management across multiple market cycles. The operator side of the partnership.
Nate Easton
Principal
Underwriting, capital markets, and execution. Background in systematic deal analysis and modern capital sourcing. Veteran. The analysis side of the partnership.
+
Advisory Council
Senior Advisors
A select group of operators, lenders, and legal counsel who help pressure-test our largest decisions.
Our path
Three decades.
One firm.
1995
Three decades of Texas operating
Wade Easton begins his career operating Texas multifamily and manufactured housing communities. Three decades of cycle-tested operating experience that becomes the foundation of the firm.
2024
Systematic underwriting begins
Nate begins full-time systematic underwriting of Texas multifamily and MHP deals, building proprietary models, screening tools, and counter-underwriting frameworks alongside a W-2 role.
2025
Thesis sharpens
Counter-underwriting and bid analysis across multiple Texas markets — student housing in Austin, value-add multifamily in San Antonio, distressed MHP in West Texas. The firm's thesis crystallizes around conservative, long-hold, Texas Triangle assets.
2026
Yoke Capital is founded
Wade and Nate formalize the partnership. Two generations, one yoke. The firm opens capital relationships to a curated network of accredited investors who share the long-horizon, conservative philosophy.
Let's talk
Building relationships ahead of our next acquisition.
We're selectively introducing the firm to accredited investors, brokers, and operating partners aligned with our Texas Triangle thesis. If our approach resonates, we'd welcome the conversation.