Martin Fein Interests

What Martin Fein Interests does

Martin Fein Interests, Ltd. is a privately held, family-controlled multifamily real estate firm founded in May 1989 and headquartered in Houston, Texas, operating its rental portfolio under the "Fein Communities" brand. The company develops, owns, and manages Class A apartment communities across Texas (Houston, Dallas-Fort Worth, Austin), Colorado (Denver), and North Carolina (Research Triangle), with a portfolio that has grown to encompass more than 30,000 units developed and approximately 14,000 units currently under management spanning over 13 million square feet.

The firm is vertically integrated through its affiliated general contractor Westchase Construction, Ltd. (founded 1996), which provides pre-construction and general contracting services for Fein developments, enabling in-house control of schedule, cost, and quality. The product offering consists of luxury garden-style and midrise apartment communities featuring resort-style amenities (pools, fitness centers, golf simulators, stocked lakes), with some properties certified to NGBS Silver or NAHB Green Bronze standards. Technology is described as industry-standard property management and accounting systems with no proprietary platform; the only disclosed digital integrations are Google AdWords and Facebook Remarketing for marketing.

Martin Fein Interests generates revenue through three streams: (1) recurring residential rental income from owned apartment communities, with starting rents ranging from approximately $1,070 to $1,699 per month across properties; (2) third-party property management fees from institutional owners including financial institutions, private equity groups, and individual investors; and (3) construction and development services through Westchase Construction. The firm maintains a roster of institutional joint-venture capital partners, including BlackRock Realty, GE Real Estate, Invesco, Nationwide, Protective Life, Guardian Life, State Farm, Assurant, Sarofim Realty Advisors, and Eagle Realty/Western & Southern, with Coventry Development serving as both a land seller and JV partner. The go-to-market model is direct-to-consumer for residents (on-site leasing centers and company website) and relationship-based sales to institutional capital partners for third-party management and development equity.

Name

Martin Fein Interests

Legal name

Martin Fein Interests, Ltd.

Website

https://feincommunities.com

Company type

Private

Founded year

1989

Operating status

Operating

Headcount range

11–50 employees

Short description

Martin Fein Interests is a Houston-based, family-owned developer, owner, and third-party manager of Class A multifamily apartment communities across Texas, Colorado, and North Carolina, operating the "Fein Communities" brand across 25+ properties and approximately 14,000 units, with vertically integrated construction through Westchase Construction, Ltd.

Ownership category

akta.pro rank

Product category

Multifamily Real Estate Development and Property Management

NAICS

Rental and Leasing Services (532), Lessors of Other Real Estate Property (531190), New Housing For-Sale Builders (236117)

SIC

Operative Builders (1531), Land Subdividers & Developers (No Cemeteries) (6552), Real Estate Agents & Managers (For Others) (6531), Investors, Nec (6799)

akta.pro primary industry

Residential Land Development & Subdivision Homebuilding (Build-to-Sell Communities) (IMAFABAL)

akta.pro secondary industry

Land Acquisition, Lot Development & Construction Financing (AD&C) (FSALAHAI)

Keywords

• Multifamily real estate development
• Luxury apartment communities
• Property management services
• Third-party management
• Construction services

Headquarters

HQ city

Houston

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

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

Revenue model

1. Residential Rental Income: Revenue generated from leasing apartment homes across the company's portfolio of owned properties. Properties include garden-style apartments, mid-rise complexes, and townhomes in Texas, Colorado, and North Carolina markets.
2. Third-Party Property Management Fees: Fees earned from managing properties owned by third parties including financial institutions, private equity groups, and individual investors. Applies experience with approximately 14,000 units to maximize asset value for clients.
3. Development and Construction Services: Construction and development services provided through affiliated company Westchase Construction, Ltd., founded in 1996, providing pre-construction and general contracting services for Fein and selected external clients.

Pricing tiers

Go-to-market motion2 records

Distribution channels3 records

Marketing channels6 records

Core offering

Martin Fein Interests develops, owns, and manages Class A luxury multifamily apartment communities under the Fein Communities brand across Texas, Colorado, and North Carolina, and provides third-party property management and pre-construction/general contracting services through affiliated Westchase Construction, Ltd. The portfolio spans garden-style, midrise, and townhome-style properties featuring resort-style amenities, and the firm has developed more than 30,000 units and currently manages approximately 14,000 units.

Product overview

Martin Fein Interests operates as a multifamily real estate development, construction, and property management company with three core service offerings: Development (apartment community development), Construction (through affiliated Westchase Construction, Ltd.), and Property Management/Third-Party Management services. The company's product portfolio consists of Fein Communities-branded luxury apartment communities across the United States, including both currently leasing properties and showcase past projects. Properties range from garden-style to midrise constructions, featuring amenities such as resort-style pools, fitness centers, golf simulators, libraries, and community lakes. Notable current projects include Echo Lake at Springwoods Village (326 units), The Terrace at Pine Lake Cove (241 units), and The Mark at CityPlace (268 units). The company has developed over 30,000 units of class A multi-family apartments since its founding in 1989, managing approximately 14,000 units currently.

Differentiator

Problem solved

Functional benefit

Brands

• Westchase Construction: Affiliate general contractor providing construction services for Fein developments, founded in 1996.

Products and services

• Construction Services (Westchase Construction, Ltd.) Comprehensive pre-construction and general contracting services provided by affiliated general contractor Westchase Construction, Ltd., including preliminary cost estimates, scheduling, value engineering, quality control, and project management through closeout and warranty for Fein developments and selected external clients.
• Property Management

Named customers11 records

Segments3 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration2 records

Partnerships

Four partnerships are on record, tiered core and minor.

• Westchase Construction, Ltd.coreStrategic or Co-development PartnerAffiliated construction company founded in 1996 by Martin Fein. Provides comprehensive pre-construction and general contracting services for Fein developments. Works with Fein throughout the development process, providing input during design phase and managing architects, landscape architects, and engineers through project execution.
• Gemstar Construction & Development, Inc.minorImplementation/ SI/ Consulting PartnerConstruction partner that helped Fein celebrate Maintenance Appreciation Week for their teams.
• Redevelopment ServicesminorImplementation/ SI/ Consulting PartnerPartner that supported Fein's Maintenance Appreciation Week celebrations.
• Corey Construction (Residential & Commercial Roofing)minorImplementation/ SI/ Consulting PartnerRoofing contractor partner that contributed to Fein's Maintenance Appreciation Week events.

Scale indicators8 records

Recent moves6 records

Expansion highlights5 records

Broad incumbents

• Camden Property Trust: Public multifamily REIT headquartered in Houston with portfolio across Sun Belt states. Directly comparable geography and class A product to Fein, though structured as a public REIT rather than a private operator.
• Greystar Real Estate Partners: Largest multifamily property manager and developer in the U.S., managing over 800,000 units. Directly comparable to Fein's third-party management arm and broader vertically integrated development platform across Sun Belt and national markets.

Direct peers

• JPI (JPI Construction / Jefferson Partners): Multifamily developer, builder, and operator with national footprint and strong Texas/Sun Belt presence. Comparable in class A apartment development pipeline and integrated construction-management model.
• Trammell Crow Residential: Multifamily subsidiary of Crow Holdings developing class A apartments across the U.S. with major Texas presence. Comparable developer/operator with institutional capital partnerships similar to Fein's JV model.
• Westwood Residential: Multifamily developer, owner, and third-party manager with Sun Belt focus. Comparable class A development pipeline and institutional capital partnerships to Fein.
• Dinerstein Companies: Houston-based multifamily developer, builder, and property manager with comparable Sun Belt footprint and vertically integrated operating model. Previous employer of VP Construction Jonathan Gonzalez at Fein.
• Lincoln Property Company: Vertically integrated multifamily developer, owner, and third-party manager with deep presence in Texas and the Sun Belt. Closely comparable to Fein in business model spanning development, construction, and property management.
• The NRP Group: Multifamily developer, builder, and property manager focused on class A apartments in Sun Belt and Midwest markets. Comparable integrated development and third-party management model.
• Mill Creek Residential: Multifamily developer and operator with national footprint and strong Sun Belt concentration. Closely comparable to Fein in class A garden and midrise apartment development and institutional joint ventures.

Emerging players

• RangeWater Real Estate: Sun Belt-focused multifamily developer, owner, and third-party manager. Comparable target markets in Texas and the Southeast with similar class A garden-style product.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/feincommunities
• LinkedInlinkedin.com/company/martin-fein-interests
• Instagraminstagram.com/martinfeininterests

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles7 records

Subsidiaries1 record

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 Martin Fein Interests