McGrath Real Estate Partners Market Research Report
Company Overview
Name
McGrath Real Estate Partners
Mission of the Company
To leverage crucial strategic partnerships and a high-performance team to become experts and leaders in the multifamily and student housing market.
Founding and Founders
No information is available
Key People in the Company
- Michael S. McGrath: President & CEO
- Barrett Kirk: Chief Investment Officer
- Randall Husmann: Chief Financial Officer
- Patrick Blount: VP - Acquisitions & Development
- Alan Hyland: SVP – Construction & Development
- Jack Horton: VP – Acquisitions & Development
- Blanca Anderson: Development Project Manager
- Randy Hopper: VP – Acquisitions & Development
- Monica Morrison: Chief Accounting Officer
Headquarters
8554 Katy Freeway, Suite 100, Houston, TX 77024
Number of Employees
No information is available
Revenue of the Company
No information is available
What is the Company Known For
McGrath Real Estate Partners is known for specializing in the development, acquisition, and management of multifamily and student housing properties, accumulating a portfolio worth over $1 Billion.
Products
Products Offered
- Development Services
- Comprehensive project accounting
- Construction site document compliance
- Pre-development consulting
- Ground-up construction
- Value-add analysis
- On-site inspections with the general contractor
- Overseeing requests for bids, proposals, and advertisements
- Acquisition Services
- Evaluation
- Underwriting
- Investment strategy
- Value add planning
- Market analysis and research
- Capital services
High-Level Description of the Product
McGrath Real Estate Partners offers a comprehensive suite of real estate services that focus on the development and acquisition of multi-family and student housing properties. They cover all aspects of real estate development from initial market analysis to final construction, and ongoing property management.
Key Features of Each Product
- Development Services
- Joint Ventures: Partnering with other entities to leverage each other's resources and expertise.
- Capital Services: Assisting in securing capital and financial management.
- Market Research: Detailed analysis to inform decision-making.
- Construction Management: Overseeing construction projects to ensure timely and budget-compliant completion.
- Acquisition Services
- Evaluation: Assessing potential properties for acquisition.
- Underwriting: Financial analysis and risk assessment.
- Investment Strategy: Strategic planning to maximize return on investment.
- Value-Add Planning: Adding value to properties through renovations, improvements, and better management.
Recent Developments
New Products Launched
- Riceland Master-Planned Community: Announced June 10, 2022
- The Saltus: Announced March 14, 2023, for student housing in Lubbock, Texas
Recent Projects
- Artistry Design District: 400 Units currently under construction in Houston, TX
- Adora at Rosehill: 336 Units currently under construction in Tomball, TX
- Elara at The Sawmill: Completed in 2023, 326 Units in Flagstaff, AZ
- The Penwell: Completed in 2021, 360 Units in Odessa, TX
New Partnerships and Sales
- Riceland Master-Planned Community: Ongoing project announced June 10, 2022
- Elara at The Sawmill: Sold in partnership with Kayne Anderson, as announced November 27, 2023
- Sale of The Fields: Announced February 9, 2022
- Sale of Domain at Corvallis: Announced December 9, 2021
Key New Features Added to Existing Products
No information is available
Contact Information
Corporate Headquarters:
- Address: 8554 Katy Freeway, Suite 100, Houston, TX 77024
- Phone: 713.268.5150
- Fax: 713.268.5130
