Elysian is a privately held real estate investment and development firm based in Austin, specializing in multifamily, hospitality, and mixed-use properties. We create long-term value through hands-on operations, repositioning, and a disciplined investment strategy — crafting places people want to live, stay, and belong.

We pride ourselves on being a trailblazing force in the world of commercial real estate investment. With a rich history of success and a forward-thinking approach, we offer a comprehensive suite of services tailored to meet the diverse needs of our clients.
From property acquisition and asset management to development, leasing, and strategic advisory, our expert team leverages its deep industry knowledge and unwavering commitment to excellence to deliver unparalleled results.
Whether you're an investor seeking prime opportunities or a property owner looking to optimize your assets, trust in Elysian to be your trusted partner in unlocking the full potential of your commercial real estate investments.
Elevating experiences & enhancing value:
At Elysian, we blend our distinctive creativity and innovation with our diverse portfolio of services to transform properties and enrich the lives of our tenants, residents, and guests, thus setting a new standard for real estate investment worldwide.
With an unwavering commitment to excellence, we have established an exceptional track record in the realm of commercial real estate investment. Throughout our distinguished history, we have skillfully acquired and developed a diverse portfolio of 16 premium properties, collectively valued at an impressive $400+ million.
What truly distinguishes us is our relentless dedication to the success of our investors. This is clearly demonstrated through our extraordinary creation of $44 million in value to our partners, as well as our average realized return of 26.83%. This not only underscores our proficiency in maximizing returns but also cements our standing as a trusted and dependable partner in securing lucrative investments.
At Elysian, we don't just promise excellence—we deliver transformative results.

of real estate assets, capitalized with $226 million of debt and $97 million of equity
SF acquired/developed/in development
multifamily units planned, under construction, in leasing or sold
With a focus on place-making, we combine high-quality design, functional relevance, and exceptional execution.
When it comes to acquisitions, three things are key: trust, competence, and the ability to execute at the highest level, and Elysian has a reputation for excelling at each.
Since our inception, Elysian has built a reputation based on integrity and an entrepreneurial spirit that continues to drive our success in real estate investing.
What sets Elysian apart isn’t just what we build — it’s how those spaces are felt, remembered, and returned to.
Across every asset class, we operate through a consistent experiential framework we call The Elysian Signature Moments: five intentional touchpoints that transform real estate into living environments and guests into lifelong advocates.
For our hospitality properties, this defines the guest journey. For multifamily, mixed-use, and flex environments, it shapes the resident, tenant, and community experience.
It is both a creative philosophy and an operational system — and the foundation of our brand equity.
Why It Matters
Most real estate strategies focus on physical improvements. Ours integrates experience, operations, and design into a single value-creation model.
The result:
The Elysian Signature Moments are not just a hospitality program. They are the system that allows every Elysian property to outperform its category and build long-term cultural and financial value.
This is how we turn every space into a story, residents into a community, and real estate into something that lives far beyond its walls.

Walker Molinare is the Founder and Chief Visionary Officer of Elysian, driving the company's hyper-unique approach to real estate investing and operations. In his role, Walker oversees all acquisitions, equity raising, and debt structuring, while managing its various operations and ensuring that Elysian's business interactions are adequately supported for success. His extensive background includes over 20 years of experience in the commercial real estate industry.
Previously, Walker led PRIME Real Estate Investors, acting as a Sponsor for numerous multi-family projects, commercial office buildings, retail centers, and mixed-use entities. This multifaceted experience has endowed him with comprehensive expertise in real estate investment, management, construction, and related services. Walker's current focus includes multi-family development and repositioning, as well as the acquisition and redevelopment of uniquely positioned hospitality and mixed-use properties, ensuring that each project offers genuine long-term value to Elysian's investors.
Committed to the continued development of the Elysian team, Walker collaborates closely with the Executive Leadership Team to foster a human-centric approach to business, encompassing employee engagement, its hyper-unique customer experience, and Elysian's overall corporate strategy. His 10 years of experience in coaching, communication, and human development potential contribute significantly to this effort.
Walker holds a Bachelor of Business Administration degree in Finance & Marketing from the Nelson Rusche College of Business at Stephen F. Austin University and a Masters in Real Estate from the Baker Program of Real Estate at Cornell University.

Peggie Armstrong holds the positions of C.F.O. & Chief Integration Officer at ELYSIAN. In these roles, her responsibilities encompass the oversight of all accounting matters, as well as the development, execution, and oversight of the company's structural foundation, aiming to establish a seamless and efficient operational process. She brings to her role over two decades of experience in business accounting and management across diverse industries. This wealth of experience underscores her versatility and comprehensive understanding of various business landscapes. Peggie has consistently showcased her proficiency in optimizing business operations for heightened efficiency, increasing overall profitability, and spearheading the creation of entirely new business structures from the ground up.
Peggie has a Bachelor degree in Economics from the University of Texas at Austin.

Sophia Gonzalez is the Chief Experience Officer at Elysian, where she will oversee the delivery of the company's unique, experience-driven initiatives across all properties.
Sophia's diverse background spans multiple industries, showcasing her versatility and commitment to excellence. With a passion for creating memorable guest experiences, Sophia joins Elysian from her recent role at Hotel Saint Cecilia, where she excelled in enhancing guest satisfaction and curating bespoke experiences.
In addition to her hospitality expertise, Sophia is a passionate proponent of the creative arts. Her previous roles at the Los Angeles Municipal Art Gallery, The Broad, Houston Arts Alliance, and various museums have enriched her understanding of cultural engagement and visitor experience. This unique blend of hospitality, arts, and leadership positions her perfectly to deliver the "Elysian Experience," creating unparalleled moments for guests and tenants.
Sophia holds a B.A. from the University of Houston and various certifications, including Certified Notary Public and Certified Legal Video Specialist.

Mariam "MJ" Vorachard serves as the Executive Assistant at Elysian, playing a pivotal role in supporting the leadership team. With a keen eye for detail and exceptional organizational skills, Mariam ensures that daily operations run smoothly, facilitating seamless communication and collaboration across departments.
Mariam brings a ton of administrative experience to the team, including managing complex schedules, coordinating high-level meetings, and overseeing key projects. Her proactive approach and ability to anticipate needs make her an invaluable asset to the team.
Beyond her professional acumen, Mariam's warm demeanor and dedication to fostering a positive work environment contribute significantly to Elysian's success.
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