Live oak canopy at golden hour, Central Texas
Disciplined research Diligent execution Decisive action

We conduct thorough, top-down analysis across capital markets, geographies, and asset classes enabling rapid, intentional deal-level execution

Capabilities

What We Do

  • Market selection model predicated on long-term demand variables, not short-term fluctuations
  • Street-level, block-by-block research and investment strategy formation
  • Asset underwriting and highest-and-best use evaluation
  • Portfolio acquisitions and optimization, especially the underwriting and execution of business strategy across portfolios which span multiple geographies and asset classes
  • Comprehensive due diligence informed by 11 years of hands-on asset management
  • Debt and equity capitalization, as well as joint-venture structuring
  • Negotiation of commercial leases, restructuring and dissolution of REAs, easements, and restrictive covenants
  • Oversight and implementation of capital improvement plans
  • Detailed, transparent, and timely investor and lender communication
  • FOR BROKERS: We know that when a good opportunity arises, speed matters above all else. We believe the best answer we can give you is a quick yes, and the second best is a quick no – and the absolute worst is anything else. Call or text Matt and give us the opportunity to review the deal, and to give you our position on it then and there. When it matters who can move the fastest to an offer, we want to be your preferred buyer. We are happy to pay commissions on off-market properties. 713.203.7270
Buy Box

What We Seek

  • Size. $1–20mm.
  • Location. We invest predominantly in and around Central Texas, in both urban and rural areas. We avoid neighborhoods with meaningful rates of violent crime and greatly prefer to invest along highways and urban roadways. Our experience investing and operating in growth geographies throughout the country enables us to evaluate opportunities brought to us outside of Central Texas, with a special emphasis on Houston, Dallas, Fort Worth, Denver, Salt Lake City, Nashville, Charlotte, and Raleigh-Durham.
  • Product types. We are agnostic to asset class. We typically acquire industrial and retail assets at or above the cost of financing, though we happily go lower when we see an opportunity to improve rents substantially through physical improvements, or where there is underlying mixed-use zoning and less than 10,000–15,000 square feet of building per acre of land (typically below a 0.30 FAR). We are actively considering office assets with terrific retail amenities, frontage along major roadways, and strong in-place cash flow with tenants renewing or expanding in place. We are constantly evaluating multifamily, particularly older-vintage where deferred maintenance has not piled up and crime has not taken hold.
  • Time horizon. We typically seek assets we can reposition or monetize in 3–5 years, with the exception of covered land where we can take a longer-term view if there is sufficient ongoing cash flow.