Company: CityStreet Residential
Overview
CityStreet Residential Partners (CSRP) is a prominent real estate firm based in Houston, Texas, specializing in the acquisition and development of multifamily housing and RV resort properties. Founded in 2013 by Rick Craig, CSRP operates under the core value encapsulated by the phrase "Exceed expectations." The company continuously aims to surpass the expectations of their equity partners, bankers, and residents.
Mission and Values
CityStreet Residential has a mission to be a leader in Class A multifamily and RV resort development. The firm's guiding principle is "Exceed expectations," reflecting their dedication to quality and excellence in their developments. The company’s development goals and asset disposition strategies are adaptively aligned with market cycles, focusing on superior returns through exceptional site selection and thorough execution.
Key Personnel
Rick Craig - Chief Executive Officer
- Experience: Over 31 years in multifamily development, including roles at Finger Companies, Trammell Crow Residential, Gables Residential Trust, and Simmons Vedder Partners.
- Achievements: Managed the development of over 6,000 multifamily units across major Texas markets.
- Education: University of Georgia - Terry College of Business
- LinkedIn: [Rick Craig](https://www.linkedin.com/in/rick-craig-820a2312)
Derick Craig - President
- Responsibilities: Oversees all development functions, including site selection and acquisition.
- Location: Houston, Texas
- Education: The University of Texas at Austin
- LinkedIn: [Derick Craig](https://www.linkedin.com/in/derick-craig-a3342887)
John Cutrer - Chief Investment Officer
- Previous Roles: Chief investment executive at Simmons Vedder Partners for twelve years.
- Responsibilities: Directs the investment strategies and growth planning.
- LinkedIn: Not available
Joe Blades - Chief Financial Officer
- Responsibilities: Manages financial activities and capital arrangements for developments.
- Education: Millsaps College
- LinkedIn: [Joe Blades](https://www.linkedin.com/in/joblades)
Developments and Properties
CityStreet Residential is known for several high-profile developments, including:
- Domain Memorial
- Domain Boulder Creek
- Domain at CityCentre
- Domain West
- Domain New Forest
These properties are known for their quality amenities and excellent site selection, reflecting CSRP's commitment to luxury and customer satisfaction.
Testimonials
Residents consistently provide positive feedback, highlighting the beauty of the units, the exceptional service from leasing staff, and the overall safe and convenient locations of CityStreet properties.
Contact Information
- Phone: (713) 333-1600
- Email: investor@csrp.com
- Address: 1300 Post Oak Blvd, Ste 1650, Houston, TX 77056
For more details and updates, please visit the official [CityStreet Residential website](https://csrp.com/) or the LinkedIn [CityStreet Residential page](https://www.linkedin.com/company/citystreetresidential).
Competitor Profiling for CityStreet Residential Partners
Overview
CityStreet Residential Partners specializes in the acquisition and development of multifamily and RV resort properties. They are a notable entity in the multifamily community with an emphasis on Class A multifamily and RV resort developments. The company is recognized for its extensive experience and solid reputation within the industry.
Key Competitors
City Developments (CDL)
- Headquarters: Central Singapore, Singapore
- Revenue: $84.4 million
- Key Competitors: CapitaLand, SilkRoad Property Partners, a-iTrust
- Business Focus: Extensive real estate services, including the development of residential, commercial, and industrial properties, and hotel assets through its subsidiary Millennium & Copthorne Hotels plc.
- Market Presence: Strong in Asia with global hotel assets.
Lennar Corporation
- Main Competitors: D.R. Horton, PulteGroup, KB Home, Toll Brothers
- Business Focus: A leading homebuilder known for the construction of diverse residential properties.
- Market Strength: Recognized for robust product quality and significant market share, particularly in South Florida and other high-growth regions across the United States.
AIM Real Estate Group LLC
- Location: Austin, Texas
- Key Contacts:
- Michael Wong: Email: mwong@aimrealestategroup.com, Direct: 512-643-1480
- David Ross: Email: dross@aimrealestategroup.com, Mobile: 512-771-5872
- Specialization: Real estate sales and leasing across multiple property types, including industrial, office, multi-family, and retail listings.
- Market Position: Competitive presence in Austin's real estate market with extensive offerings.
Angel Commercial, L.L.C.
- Location: Connecticut
- Key Services: Acquisition, disposition, leasing of industrial, office, retail, land, investment property, and development opportunities.
- Awards: Recognized as a top-performing firm with CoStar Power Broker Awards for sixteen consecutive years.
- Market Position: Local industry expert in Connecticut with extensive market knowledge and a broad range of services for both local and national clients.
Capital Investments Realty
- Location: Columbus, Ohio
- Business Focus: Real estate and property management, primarily servicing the Ohio region.
- Key Competitors: Copperwood Realty Group, Maclennan Investment Group, Pinnacle Real Estate Advisors.
- Market Niche: Provides tailored real estate solutions and property management services.
Howard Hughes Corporation
- Business Focus: Development and management of master-planned communities and mixed-use properties.
- Market Position: Considered a major competitor within the multifamily and commercial development sectors.
Trammell Crow Residential
- Business Focus: A national development firm specializing in multifamily residential projects.
- Key Competitors: Gables Residential Trust, Simmons Vedder Partners.
Gables Residential Trust
- Business Focus: Development, construction, and management of high-quality multifamily apartment communities.
Key Insights
- Dominance in Class A Developments: CityStreet Residential Partners' focus on high-end Class A multifamily and RV resort developments sets it apart in its niche market.
- Market Reputation: The strong market reputation of CityStreet Residential positions it effectively against competitors.
- Market Competition: The competitive landscape features both national and regional players specializing in similar mixed-use and multifamily property developments, which could impact CityStreet Residential Partners' market share and growth opportunities.
It’s imperative to keep an eye on these competitors, especially those with overlapping market focuses, such as Lennar's expansive residential ventures and City Developments' international presence. Real-time monitoring and strategic engagement could provide leverage in maintaining and potentially enhancing CityStreet Residential's market positioning.
