Our number one priority is to serve our investors with a ‘best in class’ investment management platform.
Houston, TX (PRWEB) October 21, 2010
The McAlister Real Estate Company announced today that it has expanded and named its investment management platform Rockspring Capital.
“As we continue to raise more capital with each successive fund, our number one priority is to serve our investors with a ‘best in class’ investment management platform to complement our exceptional real estate team,” said Jim McAlister, Jr., President & CEO. “This expansion allows us to be more proactive in the complex investment analysis required to deliver superior returns in our current portfolio and to quickly analyze the unprecedented opportunities that haven’t been seen in decades.” Rockspring Capital was named after ranch land that has been in the owner’s family since the early 1900s and represents the Texas legacy, tradition, long-term stability and enduring values of the Company.
Rockspring Capital is a second-generation land investment firm founded in 1973 whose strategy is to acquire opportunistic developed residential lots and infill land parcels in high growth areas. Rockspring Capital acquires land with all cash in markets within the “Texas Triangle” - Houston, Austin, San Antonio and Dallas/Ft. Worth.
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