Investment

McCann Realty Partners' Development and Acquisition Investment Criteria.

Development Criteria

McCann Realty Partners, LLC seeks to acquire well-located land to develop multifamily communities in select markets in the southwest, with particular emphasis on Dallas/Fort Worth, Austin, San Antonio, Houston, and Orlando.

Regions:

  • Southwest
  • Dallas/Fort Worth
  • Austin
  • San Antonio
  • Houston
  • Orlando

Category: Well-located land in strong submarkets including infill locations for development of multifamily residential communities.

Size: Minimum 250 units, preferably 350+ units; 3-story garden walk-up product.

Terms: Typically all cash, but will consider seller financing.

Submittal Information:

  • Location map and area description
  • Aerial photograph of site and vicinity
  • Plat or parcel plan, current survey and topo
  • Current tax bill, Market data (include sales and rent comps)
  • Zoning and entitlement status
  • Cash Proffers
  • Any offsite or other extraordinary development costs

Acquisitions Criteria

McCann Realty Partners, LLC seeks to acquire well-located multifamily assets in select markets, primarily in the southeast and adjacent regions, with particular emphasis on the Virginia, North Carolina, Atlanta, Dallas/Fort Worth and other major markets in the Texas and DC/Baltimore markets. The desired investment includes Class A, B quality in B+ or better locations. We will consider garden, mid-rise and high-rise communities, as well as assets that can benefit from renovation and repositioning.

Regions:

  • Washington, DC/Baltimore
  • Virginia – northern Virginia, Richmond, Tidewater, Charlottesville
  • North Carolina – Charlotte, Raleigh, Greensboro, Wilmington
  • Texas – Dallas/Fort Worth, San Antonio, Houston, Austin
  • South Carolina
  • Georgia
  • Florida
  • Tennessee

Category: Class A or B communities. Rehab and repositioning properties considered. Will consider conversion of a building not currently operating as residential; e.g., warehouse to multifamily residential and/or mixed use and TOD assets.

Size: 150 units or larger.

Terms: Typically all cash, but will consider assumption of existing financing or seller financing.

Submittal Information:

  • Location map and area description
  • Aerial photograph of site and vicinity
  • Complete property description
  • Color photographs
  • Current tax bill
  • Three years operating statements plus current YTD
  • Current and past three months rent rolls (including concessions and delinquencies)
  • Terms of financing (if assumable) including any prepayment provisions
  • Detailed market data (include sales and rent comps)
  • Capital improvements listing for the last five years

Text Property Information to Your Phone!

Enter your mobile number to receive information about Radius on Grove.


Message and data rates may apply.   Text STOP to Cancel.   Text HELP for Help.   My information will not be shared for other marketing purposes.


  • Phone No. with Area Code

Terms & Conditions - Privacy Policy

Text Driving Directions to Your Phone!

Driving directions may be sent in multiple text messages.   Message and data rates may apply.   Text STOP to Cancel.   Text HELP for Help.   My information will not be shared for other marketing purposes.

  • Phone No. with Area Code
  • Enter your address:

Terms & Conditions - Privacy Policy