ABOUT

OAK RIDGE / ANNA, TX

OUR DNA

  • 50+ years of land investment intuition
  • Thousands of acres of land & infrastructure development expertise
  • Three generations of family leadership
  • Team born and raised in North Texas
  • Region-wide brand recognition
  • Partners average tenure ~23 years

We avoid the typical hazards of vertical building development, including:

  • LAND CARRY - Compounding debt service, property taxes, maintenance & insurance
  • CONSTRUCTION ESTIMATING - Negative impacts of inflation & cost stability re: materials, labor, transportation, weather
  • DEBT / LEVERAGE - Exposure to market swings in interest rates and terms
  • FORECASTING MARKET METRICS - Vulnerability to existential challenges to absorption, lease rates, CAP rates, vacancy and tenant credit
  • FINANCIAL MODELING - IRR projections are dependent upon a successful confluence of multiple, unpredictable and often volatile variables over time
  • CAPITAL INEFFICIENCIES - Shorter exit time frames imply capital redeployment, tax challenges and redundant transaction fees.
  • PERMITTING - Subject to delayed City & County jurisdiction approvals and ever-changing criteria

WE PRODUCE SHOVEL READY LAND INVENTORY FOR FUTURE VERTICAL BUILDING DEVELOPMENT

The only investment risk exposure in our model is disposition / exit timing

wagon grayscale photo western
PATH OF GROWTH
We position our land investments ~5-7 years ahead of carefully analyzed market demand and absorption patterns
stack of money
PRUDENT LAND BASIS
Ahead of growth, we acquire large-scale tracts at a fraction of the values being paid by developers in mature, vibrant DFW submarkets
ABOUT US
VALUE CREATION
Throughout the hold period, we increase the value of our land holdings by:

  • Creating and managing Utility Districts
  • Savvy land planning
  • Preliminary Infrastructure engineering
  • Favorable entitlements / development agreements
  • Utility service agreements
  • Property tax management
  • AG production management
  • Additional land assembly


(The capabilities and expertise noted above are executed in-house.)
ABOUT US
PATIENCE
We partner with resilient and determined third-party capital to weather and leverage unforeseeable changes in the economic environment to our advantage

PROTOTYPE LAND INVESTMENTS

ABOUT US
High Demand Asset Categories
Our game plan revolves around locations ideal for future master planned communities and industrial logistics facilities.
ABOUT US
Current & Future Professional
Job Clusters
Reasonable commuting durations coupled with multiple routing alternatives
Superior Access
Efficient logistics re: current & future highways, major arterials and quality labor markets
ABOUT US
Downside Protection / Risk Mitigation
Local barriers to entry, zero zoning or utility risk, jurisdictions favorable to utility districts, advantageous topography (watersheds / drainage basins) and multiple exit strategies
Scale
Master Planned Community assemblies ~500 – 1,500 acres; Industrial logistics assemblies ~100 – 500 acres