CooperZadeh Company Profile
Background
Overview
CooperZadeh is a Dallas-based real estate development and management firm specializing in residential and commercial properties. With over 20 years of experience, the company focuses on creating thoughtfully planned communities that positively impact residents and the broader community.
Mission and Vision
The mission of CooperZadeh is to develop residential and commercial properties that enhance community living. Their vision centers on providing quality housing solutions and contributing to the growth and development of the Dallas-Fort Worth Metroplex and surrounding areas.
Primary Area of Focus
CooperZadeh's primary focus includes land development, new home construction, and property management. They aim to offer high-quality homes and commercial spaces that meet the needs of diverse communities.
Industry Significance
Operating in the real estate development and property management industry, CooperZadeh plays a significant role in addressing housing demands and contributing to urban development in the Dallas-Fort Worth area.
Key Strategic Focus
Core Objectives
- Land Development: Developing residential and commercial properties with a positive impact on the community.
- New Home Construction: Building quality homes that cater to various market segments, including entry-level buyers.
- Property Management: Providing exceptional property management services to enhance tenant satisfaction and community well-being.
Specific Areas of Specialization
- Residential Communities: Creating thoughtfully planned neighborhoods that foster community engagement.
- Commercial Spaces: Developing commercial properties that support local businesses and contribute to economic growth.
- Asset Management: Managing a diverse portfolio of properties to ensure long-term value and sustainability.
Key Technologies Utilized
CooperZadeh employs advanced construction techniques and project management software to streamline operations and ensure quality. They also utilize data analytics for market research and decision-making processes.
Primary Markets Targeted
The company primarily targets the Dallas-Fort Worth Metroplex and surrounding areas, focusing on communities seeking quality housing and commercial spaces.
Financials and Funding
Funding History
CooperZadeh has secured significant funding to support its development projects. In July 2021, Camden Homes, an affiliated company, closed a $375 million credit facility with Global Atlantic Financial Group to finance approximately 2,000 single-family rental homes across Texas.
Total Funds Raised
The company has raised substantial capital through various funding rounds to support its expansive development projects.
Notable Investors
Global Atlantic Financial Group is a notable investor, providing significant funding for CooperZadeh's projects.
Intended Utilization of Capital
The capital raised is primarily utilized for land acquisition, development of residential and commercial properties, and expansion of property management services.
Pipeline Development
Key Pipeline Candidates
- Bison Meadows of Waxahachie: A development consisting of 90 lots for single-family residential units over 135 acres, completed in 2023.
- Camden Park at Waxahachie Phase IV: A project with 139 lots for single-family homes over 57 acres, completed in 2023.
- Hillside Estates at Terrell, TX: A development covering 322 acres with 239 residential lots, currently in pre-development phase.
Stages of Development
CooperZadeh's projects range from completed developments to those in pre-development and planning stages, indicating a robust pipeline of ongoing and upcoming projects.
Target Conditions
The developments aim to provide quality housing solutions in suburban areas, catering to families and individuals seeking community-oriented living environments.
Relevant Timelines for Anticipated Milestones
Completion dates for ongoing projects vary, with some expected in 2024 and others in the pre-development phase without specified timelines.
Technological Platform and Innovation
Proprietary Technologies
CooperZadeh employs advanced construction techniques and project management software to streamline operations and ensure quality. They also utilize data analytics for market research and decision-making processes.
Significant Scientific Methods
The company applies data-driven approaches to land development and property management, leveraging market analysis and customer feedback to inform decisions.
AI-Driven Capabilities
While specific AI-driven capabilities are not detailed, the company's use of data analytics suggests an openness to integrating advanced technologies in their operations.
Leadership Team
Key Executive Profiles
- Simmie Cooper: Co-founder with over 30 years in home construction, specializing in high-end homes and entry-level housing.
- Ted Zadeh: Co-founder with over 35 years in Texas real estate, experienced in multifamily units and commercial space development.
- Cyrus Zadeh: CEO with a background in political science and an MBA, actively involved in day-to-day operations and strategic direction.
- Abdiel Alvarado: Chief Financial Officer overseeing financial operations and strategy.
- Evan Bumgarner: Vice President of Construction Services managing construction projects and teams.
- Francisco Briones: Controller responsible for financial reporting and compliance.
Competitor Profile
Market Insights and Dynamics
The real estate development and property management market in the Dallas-Fort Worth area is competitive, with numerous firms offering similar services. The demand for quality housing and commercial spaces continues to grow, driven by population growth and urban expansion.
Competitor Analysis
Key competitors include other real estate development firms and property management companies operating in the same region. These competitors vary in size and specialization, offering a range of services from luxury developments to affordable housing projects.
Strategic Collaborations and Partnerships
CooperZadeh's partnership with Camden Homes enhances their development capabilities, allowing for a diverse range of housing options. The collaboration with Global Atlantic Financial Group provides substantial funding, enabling large-scale projects.
Operational Insights
CooperZadeh differentiates itself through a customer-first approach, focusing on community impact and quality construction. Their extensive experience and strategic partnerships position them as a significant player in the regional market.
Strategic Opportunities and Future Directions
The company aims to expand its portfolio by developing more residential and commercial properties, particularly in underserved markets. Leveraging technology and data analytics will be key to optimizing operations and meeting evolving customer needs.
Contact Information
Official Website
CooperZadeh website available.
Social Media Profiles
- Facebook: CooperZadeh Facebook page.
- LinkedIn: CooperZadeh LinkedIn page.
- Instagram: CooperZadeh Instagram page.
Headquarters Location
Dallas, Texas, United States