About Us
We love land.
For more than 30 years, we have been transacting raw land and covered-land investments in Texas. We believe land’s relative illiquidity and reduced cash flow versus other real estate asset classes create an imperfect market that allows us to provide above-market returns via appreciation.
We also believe land has two intrinsic advantages: (1) It is one of the safest hard assets to own, particularly in growing markets such as Texas metropolitan areas, and (2) it operates under its own economic cycle and makes it an extremely valuable portfolio diversification tool.
We love Texas.
Texas offers growing demographics, a business-friendly culture, and relatively inexpensive real estate.
From 2020 to 2030, Texas’ four major metropolitan areas, i.e. Houston, Dallas-Fort Worth, Austin and San Antonio, will grow by a combined 3.9 million people making it the largest pocket of growth within the United States. To put it in perspective, these four metropolitan areas will account for almost one-fifth of the entire population growth within the United States.
We love data analysis.
Standard asset pricing methodologies such as CAP rates, discounted cash flows, P/E ratios and EBITDA multiples rarely apply when valuing raw land. As a result, land asset valuations usually rely very heavily on sales comparables.
While analyzing potential assets, we combine traditional valuation approaches, projected demographic and infrastructure information, and millions of transactional data points collected throughout more than 20 years in these areas. We believe that our proprietary analysis approach allows us to better assess current trends, find acquisition opportunities and identify sites with the highest potential for appreciation.
Values
Integrity
We believe in honesty and transparency as core principles of solid partnerships with investors, employees, brokers, buyers, and sellers.
Specialization
We focus exclusively in our asset class and within our geographical area of expertise, i.e. land investments within the four largest metropolitan areas in Texas.
Steadiness
We believe firmness and patience are cardinal virtues in land investment.
Alignment
We always invest our own money alongside our investors’ capital.
Independence
We are not part of a REIT, brokerage house, or real estate conglomerate. This minimizes conflicts of interest and eliminates any pressure to cross-sell or to act based on additional incentives not aligned with our investments.
Team
Meet our team of professionals
and stay in touch with us.
and stay in touch with us.
