Evolve Companies

About Evolve Companies

Evolve Companies is a real estate operator headquartered in Greensboro, NC. Evolve Companies operates in Asheville, North Carolina, Charlotte, North Carolina and Fayetteville, North Carolina. Its investment focus is on Hospitality, Multifamily - Ground-up and RV Parks.

Evolve Companies is a Greensboro, North Carolina-based vertically integrated real estate investment, development, and construction firm founded in 2007 by Member and Manager Mike Winstead Jr. Operating with 19 years of continuous industry experience, the enterprise maintains a regional workforce of approximately 67 real estate, construction, and asset management professionals. The firm focuses its real estate operations on conventional multi-family apartment communities, student housing facilities, and mixed-use developments. Its vertically integrated business platform spans land acquisition, ground-up general contracting, property management, and value-add property renovations. The company typically targets project sizes exceeding 150 units with investment capitalizations ranging between $10 million and $50 million. The organization maintains a geographical footprint concentrated across major high-growth metropolitan markets in the Southeastern United States, including Charlotte, Raleigh, Nashville, and Central and South Florida. Across its operating history, Evolve Companies has developed and constructed over 10,000 apartment homes, with an active pipeline exceeding 11,000 units. The enterprise currently oversees a real estate portfolio encompassing over 20,000 units and 25 million square feet across more than 50 cities, representing over $1 billion in total assets under management.

Principals at Evolve Companies