Onyx Multifamily Capital LLC
Building Value Through Disciplined Multifamily Investment
About Onyx Multifamily Capital
Onyx Multifamily Capital is a multifamily investment holding company focused on acquiring and improving apartment communities. Led by managing members Ryan Featherstone and Leilani Bosland, we partner with operators, lenders, and investors to pursue deals with strong fundamentals and clear value-add opportunities. Our disciplined approach emphasizes conservative underwriting, stable occupancy, and proven business plan execution to enhance long-term value for all stakeholders.
We are committed to building a high-integrity platform that delivers consistent results. Our expertise spans the entire investment lifecycle—from identifying promising opportunities and coordinating comprehensive due diligence to executing strategic repositioning initiatives and managing investor relations. We believe that disciplined capital deployment, operational excellence, and transparent partnerships are the keys to sustainable multifamily investment success.
Our Services
Multifamily Acquisitions & Deal Sourcing
We identify, underwrite, and acquire apartment communities with strong fundamentals and clear value-add potential. Our deal sourcing and conservative underwriting process ensures we pursue opportunities aligned with our disciplined investment philosophy.

Capital Raising & Investor Relations
We structure and execute syndications and private equity offerings to fund acquisitions and growth. Our investor relations and reporting services maintain transparency and build long-term partnerships with capital providers.
Asset Management & Value-Add Execution
We oversee business plan execution, manage KPIs and budgets, coordinate due diligence, and implement value-add repositioning strategies including unit renovations and operational improvements to maximize property performance.