April 18, 2014 2:52 PM ET

Company Overview of McCann Realty Partners LLC

Company Overview

Richmond, VA-based McCann Realty Partners, LLC, was started in late 2004 to invest in apartments. Its principals have decades of apartment industry experience.

2520-B Gaskins Road

Richmond, VA 23238

United States

Phone:

804-290-8870

Fax:

804-747-7848

Key Executives for McCann Realty Partners LLC

Principal and President
Age: 45
Principal
Age: 45
Principal
Age: 68
Vice President of Acquisitions
Chief Investment Officer
Compensation as of Fiscal Year 2013.

McCann Realty Partners LLC Key Developments

McCann Realty Mulls Acquisitions

McCann Realty Partners LLC is seeking acquisitions. B. Todd Marney has joined McCann Realty as Vice President of Acquisitions and Brand Inlow, Vhief Investment Officer of McCann Realty, said, "With Todd aboard, we are continuing our acquisition program in Texas while also looking to acquire more assets in the Southeast and Mid-Atlantic regions."

McCann Realty Partners Hires B. Todd Marney as Vice President of Acquisitions

B. Todd Marney has joined McCann Realty Partners (MRP) as Vice President of Acquisitions. Marney's chief responsibilities will be overseeing MRP's acquisition and related asset management activities in Texas focusing on the Austin, Dallas/Ft. Worth, Houston and San Antonio markets. From 2005 to 2012, Todd served as Senior Vice President of Acquisitions and Asset Management for Eliason Real Estate Group. During his tenure with Eliason, Marney successfully created a national-scope acquisition and asset management platform and acquired over 5,000 core, core-plus and value-add apartment units with total market value of over $450 million.

McCann Realty Partners LLC Breaks Ground on 323-Unit Retreat At Vintage Park Apartments in Houston, Texas

McCann Realty Partners LLC announced it has started construction on the 323-unit Retreat at Vintage Park Apartments in the Champions submarket of Houston, Texas. The property will be located in the Vintage development near State Highway 249 on Louetta Road in Northwest Houston adjacent to the Vintage Park Lifestyle Center which consists of approximately 420,000 square feet of retail and commercial space. The luxury Class A apartment project will include 3 story stone and stucco exteriors with attached and detached garages. Amenities will include a large clubhouse with fitness center, resort-style swimming pool and an activity center with video games and media, a cyber cafe and a gourmet kitchen. The project is scheduled to begin lease up in the first quarter of 2014 and will be managed by Pegasus Residential, LLC. The construction loan was funded by Wells Fargo Bank, NA. McCann will act as its own general contractor on the project. McCann is currently seeking new development opportunities and apartment acquisitions in the Mid-Atlantic, Southeast and Texas.

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