What Todd Interests does

Todd Interests is a privately-held, Dallas-based real estate investment and development firm founded in 1990 by Shawn Todd. The firm operates three service lines — Development Services, Investment Services, and Brokerage Services — focused on acquiring "out of the box" properties that are non-institutional in their present condition due to financial, legal, or functional disparity. Sourcing channels include direct negotiation with sellers, bankruptcy and pre-bankruptcy proceedings, and lender relationships; the firm routinely restructures distressed assets through recapitalization and adaptive reuse, leveraging Federal, State, and local historic tax credits where applicable. The underlying technology of the business is essentially deal-sourcing and capital-structuring expertise rather than a software platform; deliverables are physical assets and built product across office, multifamily, retail, industrial, hospitality, medical, and residential asset classes.

The firm's business model is project-driven, generating revenue through (i) one-time gains on the acquisition, repositioning, and disposition of real estate assets, (ii) developer/co-developer fees for anchor tenants such as Choice Hotels, GM, HKS, and Greyhound, and (iii) brokerage commissions handled by licensed in-house brokers on a transaction basis. Customer segmentation is horizontal across Real Estate Investors and Financial Partners, Corporate Tenants, and Distressed Asset Sellers and Lenders, with a go-to-market model that is sales-led and relationship-driven rather than marketing-driven. Notable completed projects include Ward Parkway (Kansas City, $35M+ debt), 400 North Ervay (adaptive reuse of a 1929 Post Office and Court House), One Dallas Center (600,000 SF office-to-mixed-use conversion, sold to institutional investors and Woods Capital in 2015), the five-asset GM Parts Distribution portfolio (Chicago, Denver, Charlotte, Rancho Cucamonga, Reno — sold back to GM), Cambria Dallas and Cambria Houston (Choice Hotels partnerships), and The Marquis retail center in Williamsburg, VA.

The company is founder-controlled with no external institutional equity ownership documented; senior leadership includes CEO Philip Todd (joined 2017, prior Lone Star Funds/Bank of the Ozarks), Managing Directors Chad Jackson (joined 2021, prior KDC/Duke Realty) and Ishwariah Vincent (joined 2018, prior Ares/Hunt), and Partner Carson Fronterhouse (joined 2022, prior J.P. Morgan/FDL Energy). A material recent event is the February 2026 foreclosure of The National skyscraper at 1401 Elm Street to Starwood Property Trust following default on approximately $230M in debt, after a $460M+ redevelopment investment by Todd Interests. The firm lists two active development projects — Freestone Club (5,000-acre luxury lake and golf resort) and Marquis Residential (single-family and multifamily in partnership with NVR's Ryan Homes) — and continues to operate from its headquarters at 400 N. Ervay, Dallas.

Name

Todd Interests

Legal name

Todd Interests

Website

https://toddinterests.com

Company type

Private

Founded year

1990

Operating status

Operating

Headcount range

11–50 employees

Short description

Todd Interests is a privately-held, Dallas-based real estate investment and development firm founded in 1990 that acquires, restructures, and reposition distressed and non-institutional properties through bankruptcy proceedings, lender negotiations, and adaptive reuse, serving corporate tenants, institutional investors, and financial partners.

Ownership category

akta.pro rank

Product category

Real Estate Development and Investment Services

NAICS

Offices of Real Estate Agents and Brokers (53121), Offices of Real Estate Agents and Brokers (5312), Funds, Trusts, and Other Financial Vehicles (525)

SIC

Real Estate Dealers (For Their Own Account) (6532), Real Estate Agents & Managers (For Others) (6531)

akta.pro primary industry

New Development & Project Marketing (Pre-Construction Sales) (FSAEAJAE)

akta.pro secondary industry

Commercial Real Estate Brokerage (Leasing & Sales) (FSAEAJAB)

Keywords

• Commercial real estate development
• Real estate investment services
• Adaptive reuse projects
• Historic property redevelopment
• Property acquisition brokerage

Headquarters

HQ city

Dallas

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Marketing or Sales, Supply Chain

Revenue model

1. Real Estate Development: Todd Interests develops properties from ground-up and through adaptive reuse, generating revenue through property appreciation and eventual sale or lease.
2. Property Acquisition and Disposition: The firm acquires and sells real estate assets on behalf of financial partners, providing property acquisition and disposition services through licensed real estate brokers within the firm.
3. Real Estate Investment: The firm invests capital in real estate opportunities, adding value through repositioning, redevelopment, and management, then exits through sales to generate returns.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels3 records

Core offering

Todd Interests is a Dallas-based real estate firm that acquires, develops, redevelops, and brokers commercial and mixed-use properties, specializing in distressed or "out-of-the-box" assets requiring legal and financial restructuring. The firm operates three core service lines—Development Services (adaptive re-use, historic preservation, mixed-use and build-to-suit development), Investment Services (value-add acquisition and capitalization of real estate assets), and Brokerage Services (property acquisition and disposition performed by licensed in-house real estate brokers). It deploys its own capital alongside financial partners and partners with corporate tenants, hotel brands, homebuilders, and institutional buyers.

Product overview

Todd Interests is an award-winning, US-based real estate investment firm founded in 1990 that discovers and acquires unique real estate opportunities, often focusing on out-of-the-box situations with financial, legal, and functional disparity. The company operates three core service lines: Development Services (adaptive re-use of historic buildings, mixed-use projects, build-to-suits), Investment Services (value-add acquisitions through capitalization expertise), and Brokerage Services (property acquisition and disposition). The firm has been involved in over $1.5 billion of real estate and maintains a portfolio of current projects (Freestone Club luxury resort, Marquis Residential development) alongside numerous completed developments including Cambria hotels in Dallas and Houston, One Dallas Center, Ward Parkway redevelopment, GM Portfolio, and various other adaptive re-use projects. The firm is led by Founder & Chairman Shawn Todd and CEO Philip Todd, supported by a team including Managing Directors, Partners, and Associates.

Differentiator

Problem solved

Functional benefit

Products and services

• Development Services End-to-end real estate development services covering adaptive re-use of high-rise and mid-rise office buildings, historic preservation in urban cores, single-family subdivisions, commercial and retail developments, mixed-use projects combining office, residential, and retail, and ground-up corporate build-to-suits for industrial, office, and medical buildings. Targeted at institutional investors, financial partners, and corporate occupiers.
• Investment Services Real estate investment services that deploy capital alongside financial partners, adding value through business intelligence across multiple industry sectors, long-standing decision-maker relationships, recognition of economic trends, and expertise in evaluating capitalization options to create calculated upside in real estate assets. Targeted at institutional and private investors seeking returns from commercial real estate development and repositioning opportunities.
• Brokerage Services Property acquisition and disposition services provided on a project-by-project basis by licensed in-house Real Estate Brokers, covering a broad spectrum of product types including office, retail, industrial, medical, hospitality, mixed-use, and residential. Targeted at financial partners, lenders, and buyers/sellers of commercial real estate.
• Real Estate Anomaly Sourcing Specialized sourcing and acquisition of "out-of-the-box" real estate opportunities with financial, legal, and functional disparity, often involving direct negotiation with sellers/borrowers and lenders through complete legal restructuring and financial recapitalization, including bankruptcy and pre-bankruptcy situations. Targeted at distressed asset sellers and lenders seeking to dispose of or restructure troubled real estate assets.
• Freestone Club Luxury lake and golf club development set upon 5,000 acres of open water, rolling hills, and Savannah Post Oaks; encompasses the largest privately owned lake in the United States, offering water-front championship golf, trophy bass fishing, and private boating. Located halfway between Dallas and Houston as a generational retreat. Current project.
• Marquis Residential Phase II of The Marquis development in Williamsburg featuring 108 single-family homes under construction with Ryan Homes (a subsidiary of NVR, Inc.), a future phase for 71 additional homes, approximately 14 acres zoned and entitled for up to 400 multifamily units, and 5 acres contributed to York County for a new elementary school. Current project.

Quantifiable outcome

• Over $1.5 billion in real estate transactions since 1990

Named customers10 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Seven partnerships are on record, tiered core and minor.

• Ryan Homes (NVR, Inc.)coreStrategic or Co-development Partner · 1 January 2019Todd Interests partnered with Ryan Homes (a subsidiary of publicly traded NVR, Inc.) for single-family home development at The Marquis residential project, constructing 108 homes with future phase for 71 additional homes.
• Choice Hotels InternationalcoreStrategic or Co-development Partner · 1 January 2017Todd Interests developed Cambria Dallas (Choice's first location for Choice Hotels) and Cambria Houston. Choice Hotels purchased the buildings from Todd Interests and partnered with the firm as developer for the hotel redevelopment projects.
• General MotorscoreStrategic or Co-development Partner · 1 January 2015Todd Interests acquired five GM Parts Distribution Centers totaling 1.97 million SF, executed a 12-year lease renewal, and later sold the portfolio back to GM.
• Historic Tax Credit ProgramscoreOthers · 1 January 2007Todd Interests worked with local elected officials and staff to maximize benefits from Historic Tax Credits (local, state, and national) for the 400 North Ervay development, enabling full potential development of the historic property.
• CB Richard EllisminorChannel Partner/ Reseller/ Distributor · 1 January 2003CB Richard Ellis of Chicago was hired to market the Ward Parkway Center property upon completion of redevelopment.
• Developers Diversified RealtyminorStrategic or Co-development Partner · 1 January 2003Developers Diversified Realty in partnership with Coventry Real Estate Partners acquired the newly redeveloped Ward Parkway Center lifestyle center.
• Coventry Real Estate PartnersminorStrategic or Co-development Partner · 1 January 2003Coventry Real Estate Partners partnered with Developers Diversified Realty to acquire Ward Parkway Center from Todd Interests.

Scale indicators3 records

Recent moves6 records

Expansion highlights5 records

Broad incumbents

• Choice Hotels International: Counterparty on Cambria Dallas and Cambria Houston; as a national hospitality brand/franchisor it represents the kind of large institutional partner Todd Interests develops for, and broadly validates the boutique adaptive-reuse hotel thesis.
• Woods Capital: Real estate investment firm that purchased One Dallas Center's office unit from Todd Interests in 2015; comparable as a value-add acquirer of urban-core office and mixed-use assets in the Sunbelt.
• Developers Diversified Realty (now SITE Centers / Brookfield): Acquired Todd Interests' Ward Parkway lifestyle center in 2003; comparable as a major institutional acquirer of retail/lifestyle centers that Todd Interests develops and exits to.
• KDC Real Estate: Dallas-based commercial developer of corporate build-to-suit campuses — Managing Director Chad Jackson led Raytheon, JPMorgan Chase, and Frost Tower deals there — directly comparable to Todd Interests' One Dallas Center and Questcare build-to-suit strategy.

Direct peers

• Cypress Real Estate Advisors: Houston-based advisor and investor in commercial real estate with Texas footprint across investment sales, capital markets, and distressed situations — comparable focus on complex Texas deals.
• High Street Residential (Trammell Crow Residential): Trammell Crow's residential subsidiary is a direct peer given Todd Interests' Marquis Residential single-family build with NVR/Ryan Homes and its multifamily/mixed-use exposure; both develop urban-core and suburban product with institutional capital partners.
• Centurion American Development Group: Dallas-based developer comparable in scale, geography, and product breadth — mixed-use, residential, hospitality, and master-planned communities in DFW — making it a closely matched regional direct peer to Todd Interests.
• Stonelake Capital Partners: Texas-based private real estate investment and development firm focused on opportunistic and value-add deals across DFW and the Sunbelt; comparable to Todd Interests' out-of-the-box, distressed-leaning investment approach.

Others

• Greystone & Co. National commercial real estate finance, investment, and advisory firm with deep distressed and special-situation expertise; relevant peer for the financing/intermediation role Todd Interests plays on complex real estate transactions.

Regional players

• Hamilton Properties: Specializes in adaptive reuse and historic preservation of office, hospitality, and mixed-use assets in the Sunbelt, similar to Todd Interests' Cambria, 400 N. Ervay, and One Dallas Center projects.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key risks6 records

Key highlights7 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles8 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Todd Interests