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Resmark opens new Texas office
The Resmark Companies, a private equity real estate firm, has launched a new office in Austin, Texas. Michael Zarola, senior vice president of investments for Resmark Land and Housing, will lead the new office. AUSTIN, Texas–(BUSINESS WIRE)–The Resmark ...
The Resmark Companies, a private equity real estate firm, has launched a new office in Austin, TexasMichael Zarola, senior vice president of investments for Resmark Land and Housing, will lead the new office.
AUSTIN, Texas–(BUSINESS WIRE)–The Resmark Companies, a leading private equity real estate firm, is expanding its single-family housing investment platform into the Texas housing market led by Michael Zarola, Senior Vice President, Investments for Resmark Land and Housing.
Zarola, operating from Resmark’s newly established office in Austin, will originate and oversee investments in for-sale, single-family housing joint venture developments in Austin, Dallas/FtWorth, Houston and San AntonioIn addition to Texas, Resmark’s new office will also cover the Colorado and Utah markets.
Resmark currently has two single-family housing joint venture developments underway in TexasThe projects are located in Austin, with both scheduled to begin construction and sales in 2018.
“It’s exciting to play a role in the tremendous growth story of Texas, where the state’s dynamic employer base continues to drive demand for new homes,” Zarola commentsHe notes that the state’s four major markets, targeted by Resmark, have a lot in common with other leading job-creation hubs where the firm invests, such as Seattle, the San Francisco Bay Area and Silicon Valley, Denver and Salt Lake City.
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