McCann Realty Partners and its principals have decades of diverse experience in the apartment business. 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 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. The Company also develops apartment communities in Texas.
Since inception, MRP has acquired 20 apartment communities totaling more than 4,900 units in transactions valued at approximately $390 million. In 2011, MRP added 1,276 units for a combined purchase price of more than $100 million and began construction on 690 units in two projects in suburban Houston and north Dallas.
McCann Realty Partners is currently expanding its relationships with existing and new investors and institutions for both its apartment acquisition and development programs.
