McCann Realty Partners and its principals have decades of diverse experience and a very strong track record in the apartment industry. With offices in Richmond, Virginia and Houston, Texas, MRP teams with institutional capital sources to acquire, develop and manage apartment communities in the Southeast, Southwest, Mid-Atlantic and adjacent regions. The Company is in the market continuously to acquire both Class A and value-add apartment communities of 150 units or more. MRP is also currently developing apartment communities in Houston.
Since inception, MRP has acquired 25 apartment communities totaling more than 6,500 homes in transactions valued at approximately $615 million. MRP has also completed or has under development 8 communities totaling 2,532 homes with an estimated completed value of $315 million.
McCann Realty Partners is currently expanding its relationships with existing and new investors and institutions for both its apartment acquisition and development programs.