Our friends at Voss Capital recently published a 5-part series with an in depth review of the U.S. Housing market. We highly recommend this as a resource in furthering one’s knowledge on why we have such conviction on the supply/demand imbalance for our sector of the housing market.
Zach, 35, is a Houston Native and has 12 years of experience in the construction business. He recently worked on the executive team as a Vice President with Forney Construction, a commercial general contractor located in Houston. During his time there he oversaw and managed a wide variety of construction projects valued at over $200,000,000.
At Green Residential, Zach will help oversee all construction operations for the GR SFR FUND. Zach graduated from Texas Tech University with a Bachelors of Science in Business Management and currently serves on the board, with his wife, for a non-profit that focuses on serving the youth in the Houston area. He and his wife live in Houston with their two kids.
84 Unit Portfolio in Dallas, TX (Garland)In May we successfully closed on an 84 unit portfolio in the Dallas suburb of Garland, TX. This portfolio has been held by one owner since the 1980s. All the homes currently have month-to-month tenants with rents well below market.
Furthermore, very few, if any, renovations have been made which fits our value-add strategy nicely.