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 Dallas, 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 Dallas, Houston and Orlando.
Since inception, MRP has acquired 23 apartment communities totaling more than 5,850 homes in transactions valued at approximately $485 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.