Jonas Levy

Jonas Levy is co-founder and managing partner of Pegasus Real Estate, a Dallas-based private commercial real estate investment firm. Pegasus says Levy oversees the company’s strategic vision and execution of investments, and that the firm was co-founded by two senior real estate executives with career transaction experience totaling more than $8 billion across multiple property types and geographies.

Before co-founding Pegasus, Levy spent 16 years in real estate and finance roles spanning public REITs and private equity commercial real estate. Pegasus states that his experience includes multifamily, industrial, retail, hospitality, self-storage, student housing, senior housing, and office assets, and that he has invested in, financed, acquired, and disposed of billions of dollars of commercial real estate.

Levy holds a BBA in Finance from the University of North Texas and an MBA from Southern Methodist University. Public sources reviewed identify Levy as founder/managing partner of Pegasus Real Estate, not as CFO of Silverado Interests; Silverado Interests’ own team page lists Mark Westerburg as CFO.

• Pegasus describes its focus as “commercial real estate private equity investing in value creation.”
• The firm is primarily focused on “acquisitions and repositioning of properties located in major metropolitan markets.”
• Pegasus targets properties with “unique attributes in strategic locations with favorable supply/demand fundamentals.”
• Market filters include population growth, job growth, and a diverse industry base.
• Location filters include high barriers to entry, supply constraints, and strong accessibility advantages.
• Value filters include below-replacement-cost basis, attractive stabilized yields, and use of market intelligence.
• Execution focus includes sourcing through owners, lenders, and brokers; rigorous underwriting and due diligence; asset repositioning; high-impact capital improvements; hands-on asset management; operational optimization; and quarterly hold-sell analysis.
• Levy’s own deal commentary emphasizes high-quality assets in desirable locations, attractive going-in yield, favorable financing, rent-growth trends, and operational/value-add upside.