CooperZadeh, LLC: Company Profile

Background

Overview

CooperZadeh, LLC 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 land development, new home construction, and asset management, aiming to positively impact communities and residents across the Dallas-Fort Worth Metroplex and surrounding areas.

Mission and Vision

The company's mission is to utilize thoughtful planning, strategic partnerships, and resources to foster growth in the commercial and residential real estate sectors. Their vision centers on helping individuals achieve the American Dream of homeownership through quality housing solutions.

Industry Significance

CooperZadeh plays a pivotal role in the real estate industry by developing thoughtfully planned communities and providing quality housing options, thereby contributing to the growth and development of the Dallas-Fort Worth area.

Key Strategic Focus

Core Objectives

Land Development: Developing residential and commercial properties with a positive impact on communities.

New Home Construction: Building high-quality homes to meet the needs of first-time homebuyers and renters.

Asset Management: Managing properties to provide quality living experiences and achieve long-term growth.

Areas of Specialization

Residential Development: Focusing on single-family homes and entry-level housing.

Commercial Development: Engaging in the development of commercial spaces, including office buildings and retail centers.

Property Management: Offering comprehensive management services to ensure tenant satisfaction and property value appreciation.

Key Technologies Utilized

While specific technologies are not detailed, the company emphasizes strategic planning and resource utilization in its operations.

Primary Markets Targeted

CooperZadeh primarily targets the Dallas-Fort Worth Metroplex and surrounding areas, focusing on communities with a demand for quality residential and commercial properties.

Financials and Funding

Funding History

In July 2021, Camden Homes, an affiliated company of CooperZadeh, secured a $375 million credit facility from Global Atlantic Financial Group to finance the long-term hold of approximately 2,000 single-family rental homes across Texas.

Utilization of Capital

The capital was allocated to provide newly constructed, high-quality rental homes in existing communities and future developments, aligning with Camden Homes' mission to help individuals achieve homeownership.

Pipeline Development

Key Pipeline Candidates

Camden Park at Waxahachie Phase IV: A development comprising 139 single-family residential lots over 57 acres, completed in 2022.

Cottonwood Creek: A project with 217 lots in the paving stage, projected for completion in Q2 2024.

Creekbend Estates Phase 2: Featuring 62 lots in the final walk stage, with completion expected by December 2023.

Stages of Development

The company is involved in various stages of development, including planning, engineering, grading, paving, and final walk-throughs, ensuring comprehensive project management from inception to completion.

Target Conditions

The developments primarily target the entry-level home buying market, aiming to provide affordable housing options for first-time homebuyers.

Timelines for Anticipated Milestones

Cottonwood Creek: Projected completion in Q2 2024.

Creekbend Estates Phase 2: Projected completion by December 2023.

Technological Platform and Innovation

Proprietary Technologies

Specific proprietary technologies are not detailed in the available information.

Significant Scientific Methods

The company emphasizes strategic planning and resource utilization in its development processes, though specific methodologies are not specified.

Leadership Team

Key Executives

Simmie Cooper: Co-founder with over 30 years in high-end home construction, having built hundreds of custom homes ranging from $500k to $15 million.

Ted Zadeh: Co-founder with over 35 years in Texas real estate, involved in developing over 2,000 multifamily units and one million square feet of commercial space.

Cyrus Zadeh: Co-founder and CEO, actively involved in day-to-day operations, with an MBA from the University of Denver and an AMDP in Real Estate from Harvard University.

Abdiel Alverado: Chief Financial Officer.

Evan Bumgarner: Vice President of Construction Services.

Francisco Briones: Controller.

Competitor Profile

Market Insights and Dynamics

The real estate development market in the Dallas-Fort Worth area is competitive, with numerous firms vying for market share in residential and commercial development. The demand for quality housing, especially entry-level homes, remains strong, presenting opportunities for growth.

Competitor Analysis

Specific competitors are not detailed in the available information.

Strategic Collaborations and Partnerships

Significant Collaborations

In July 2021, Camden Homes and CooperZadeh announced a $375 million credit facility with Global Atlantic Financial Group to finance approximately 2,000 single-family rental homes across Texas.

Operational Insights

Strategic Considerations

CooperZadeh's focus on entry-level housing positions it to meet the needs of first-time homebuyers in the Dallas-Fort Worth area. The company's comprehensive approach, from land development to property management, provides a competitive edge in delivering quality housing solutions.

Strategic Opportunities and Future Directions

Future Business Directions

CooperZadeh aims to continue expanding its portfolio of residential and commercial properties, focusing on underserved markets and communities with high demand for quality housing. The company's integrated operations and strategic partnerships position it well for sustained growth and impact in the real estate sector.