Overview
Integrated Expertise
Legacy RHM Capital was founded in 2025 through the strategic merger of Legacy Capital Partners and RHM Capital Group.
We offer a vertically integrated model across capital raising, acquisitions, operations, construction, asset management, investment management, and capital markets. We have deep industry relationships with operators, lenders, and brokers.
Our real estate investment platform is uniquely structured to identify, acquire, and manage institutional-quality multifamily investments in order to maximize value for our investors.
Strategic Relationships
Bellwether Enterprise Real Estate Capital was founded by our Managing Member Ned Huffman and is the current place of employment for our Managing Member Jim Doyle. Bellwether supports and enhances our firm’s capital markets reach and financing efficiency.
RHM Real Estate Group, founded by our Managing Member John Joyce, provides direct operating oversight, and their wholly owned subsidiary, Noble General Contractors, offers construction execution, enabling Legacy RHM Capital to move with confidence from investment thesis to on-the-ground delivery.
These strategic relationships create a comprehensive ecosystem that reinforces the firm’s ability to identify investment opportunities, reduce risk, generate returns, and create lasting value for our investors.
Leadership
Managing Members
FAQ
What is Legacy RHM Capital?
Legacy RHM Capital is a fully integrated real estate investment platform focused on institutional-quality multifamily properties. The company combines a 21-year track record of disciplined real estate investments and decades of experience in capital markets with extensive hands-on property and construction management experience to offer a comprehensive approach to real estate investing. The result is a firm that is uniquely structured to identify, capitalize, acquire, and manage institutional-quality real estate investments to maximize value for our investors.
When was Legacy RHM Capital formed?
The company was formed in July 2025 through the merger of Legacy Capital Partners and RHM Capital Group.
Who founded Legacy Capital Partners?
Legacy Capital Partners was founded in 2004 by David St. Pierre and Mitchell Schneider. Over 21 years, the firm raised capital through multiple funds and invested in more than 75 real estate assets across 19 states.
Who founded RHM Capital Group?
RHM Capital Group was formed in 2023 by John Joyce, Ned Huffman, Jim Doyle, Preston Hoge, and Andrew Iarussi—leaders with deep expertise in real estate operations, and capital markets.
Why Legacy RHM Capital?
Legacy RHM Capital was created to bring together complementary strengths in investment management, capital markets, property operations, and construction management—offering a more unified and effective platform for multifamily real estate investing. The merger reflects a shared belief that fully integrated execution leads to better investment outcomes.
What is Legacy RHM Capital’s investment philosophy?
We believe great real estate investing happens at the intersection of discipline, insight, and execution. Our philosophy is rooted in three pillars:
- Alignment with investors—through shared ownership and long-term thinking
- Operational excellence—with in-house teams and hands-on oversight
- Selective growth—focused on markets and projects where we can add value and deliver lasting performance
Is Legacy RHM Capital affiliated with Bellwether Enterprise?
While not a formal part of Legacy RHM Capital, many of its senior leaders played key roles in building Bellwether Enterprise into a leading national mortgage banking platform. Jim Doyle (Managing Member) currently works at Bellwether in a senior capacity. These relationships and insights are a strategic advantage.
Who leads Legacy RHM Capital today?
David St. Pierre serves as President & CEO. Other key leaders include Ned Huffman, John Joyce, Jim Doyle, and Mitchell Schneider (all Managing Members and members of the Board of Directors), along with team members specializing in investment and asset management.
What roles do RHM Real Estate Group and Noble General Contractors play?
Both remain separate companies but are wholly owned by John Joyce and serve as strategic sister firms. RHM Real Estate Group provides property management services, while Noble General Contractors handles construction management and value-add renovation. Their integration ensures seamless execution and alignment with Legacy RHM Capital’s investment objectives.
Where is Legacy RHM Capital active?
Legacy Capital Partners has been an active investor across the eastern 2/3rds of the country with a heavy concentration in the Southeast. RHM Capital has primarily focused in Ohio, western Pennsylvania, Michigan, Indiana and Kentucky.
What is Legacy RHM Capital’s geographic focus moving forward?
The firm plans to continue expanding throughout the Midwest and the Southeast—in markets where strong fundamentals support long-term rental demand.
What types of properties does Legacy RHM Capital invest in?
Legacy RHM Capital targets a mix of Core Plus and Value-Add properties and select Development opportunities—all within the multifamily housing sector. Legacy RHM Capital will invest as the direct owner/operator, through joint venture partnerships, and as preferred equity.