Monday, November 2, 2009

Yancey-Hausman Mixes It Up With New Multifamily Division



Yancey-Hausman Interests, Inc., a major Houston-based commercial real estate services firm, today announced the creation of a new multifamily division to be headed up by Houston native John Faulk.

John Faulk is an accomplished multifamily investment professional with experience in the identification, evaluation, underwriting, acquisition, development, and operations of multifamily investments. He has been involved with the acquisition and development of over 5,000 units valued at more than $650 million in the past 12 years. His experience includes the acquisition, design coordination, construction oversight, and finance administration of many major mixed-use projects, each valued between $40 million and $100 million. Faulk is a proven portfolio manager with the ability to identify, quantify and extract value from real estate investments as well as handling all financial administration.

A Texas native, he earned his BBA in Real Estate Finance from Southern Methodist University. During his career, Faulk has previously been affiliated with leading successful multifamily companies including ZOM, Lincoln Property Company and Camden Property Trust.

“The creation of the multifamily division is part of our growth plan to diversify and compliment our already existing full-service commercial real estate services. I am excited about this opportunity to enter the multifamily market under the leadership of John Faulk,” said Yancey-Hausman Chief Executive Officer Arnie Altsuler.

The Yancey-Hausman multifamily division will offer acquisition, development and property management services to all types of multifamily assets in the Houston/Dallas/Austin metro areas. For more information, please contact John Faulk directly at 832-615-5702 or johnf@yancey-hausman.com.


##

CONTACT:
John Faulk
Vice President, Multifamily Division
Yancey-Hausman Interests, Inc.
832-615-5702
johnf@yancey-hausman.com

About Yancey-Hausman Interests, Inc.
Yancey-Hausman is a full-service commercial real estate company providing services for office, industrial, retail, land and multifamily projects. The company’s spectrum of real estate services includes project leasing, tenant representation, property management, development services, property acquisitions, investment sales and research. Whether working with institutions, corporate users or individual investors, Y-H tailors its comprehensive services to suit and enhance each specific project. Established in 1971, the firm currently has more than 50 employees in offices in Houston and Austin. For further information on Yancey-Hausman, phone 713-462-8802 or visit www.yancey-hausman.com on the Web.