ZH Multifamily was founded in 2018 by Husband and Wife, Zach and Grace Haptonstall who live in Scottsdale, Arizona.

Zach and Grace left their respective sales careers and entered the world of Real Estate Investing with no prior experience or connections. They were on a mission to acquire large apartment assets and purchased their first property, a 36 unit apartment building in February of 2019. They began syndicating properties and grew their portfolio to $35M.

In order to scale quicker and add experts to the team, they retired ZH Multifamily as an investment company in 2020, and Co-founded Rise48 Equity with their two business partners. To date, Rise48 Equity has over $100,000,000 Assets Under Management, all in Phoenix Arizona.

ZH Multifamily founded the original meeting group for Investors in Phoenix AZ, The Phoenix Multifamily Association (PMA). Over 200 people joined the group, and the events were held monthly (pre-covid) to provide networking and education regarding Apartment Investing. PMA is still an active group today and is still operated by Zach and Grace.

Zach and Grace enjoy educating people about financial freedom and hope to afford investors back their time to spend with family through acheiving passive cash flow.


Zach Haptonstall is the CEO and Co-Founder of Rise48 Equity. Zach’s main responsibilities as CEO include overseeing all acquisitions, sourcing capital, and building strategic partnerships. He currently resides in Scottsdale, Arizona with his wife Grace .


He is the Founder and President of ZH Multifamily’s, The Phoenix Multifamily Association, a Phoenix-based organization that holds monthly speaking and networking events focused on apartment investing. Zach is also an official member of the Forbes Real Estate Council, and is a #1 Best Selling Co-Author of “Success Habits of Super Achievers.”


Zach has been a licensed Real Estate Agent in Arizona since 2016. He is a former live television news anchor and sports reporter for Arizona PBS and co-hosted a show on Fox Sports Network Arizona.


Zach holds a Master of Business Administration from the Colangelo College of Business at Grand Canyon University, and graduated Summa Cum Laude with a Bachelor’s in Journalism and Mass Communication from the Walter Cronkite School of Journalism at Arizona State University.


Grace Haptonstall (née: Kriske) is the VP of Marketing for Rise48 Equity. Grace’s main responsibilities include public relations, social and property branding, graphic production, and media management. She currently resides in Scottsdale, Arizona with her husband Zach. Together they Founded, ZH Multifamily’s The Phoenix Multifamily Association, an education and networking company for investors in Arizona. 



Grace’s professional background is business development. In her former role, she sold and managed a multi-million dollar portfolio for a Commercial Real Estate Vendor. From there, she went on to join Fetch Package, a fast growing startup in the Multifamily Industry. She held a position as the original Account Executive for the Phoenix Market and retired her role in November 2020. 


Grace recently graduated from an Arizona Real Estate School, completing 90 credit hours and passing the school exam. She will be completing the State Exam soon to obtain her License.


Grace holds an Associates of Applied Science in Business and Marketing from Scottsdale Community College.

Interested in Investing Passively?

Visit www.Rise48Equity.com to learn more about Investing. 


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