Newport Real Estate Group

What Newport Real Estate Group does

Newport Real Estate Group, LLC is a privately held, Houston-based multifamily real estate investment sponsor founded in 2014 by Jack E. Franco. The firm acquires value-add apartment properties in tax-friendly U.S. states — currently Texas and Nevada — concentrating on assets with management inefficiencies or physical distress that can be repositioned to create immediate equity for outside investment partners. Its current portfolio comprises 1,505 apartment units representing $175,000,000 in valuation across five assets purchased between 2016 and 2018, with cumulative AUM of $225,000,000 and approximately 2,115 total units under ownership or recent exposure.

The company's underlying capabilities are underwriting and asset management rather than technology. Deal sourcing relies on data-centric market research and stress-tested underwriting tools to identify rental markets with elevated job growth and favorable population demographics; repositioning is executed via interior unit upgrades, exterior rehabilitation, amenity modernization, and operational management improvements. Properties in the current portfolio include Skylar Pointe (449 units), Luxe at Katy (352 units), and Trails at Lake Houston (304 units); completed dispositions include Chestnut Hill, CP Waterfront & Marina, Oakbridge Apartment Homes, and Commons on Edgebrook, with documented average partnership IRR exceeding 30% since 2014.

The business model is classic multifamily sponsorship: capital is raised from outside investors — high-net-worth individuals, family offices, endowments, and financial advisors — on a deal-by-deal basis, and the firm earns revenue through acquisition, asset management, construction oversight, and disposition fees plus a promote on profits. Investor identification is handled through the firm's website contact form categorized by investor type and through professional network referrals. No management fees, performance fees, or investment minimums are publicly disclosed, indicating terms are likely negotiated bilaterally. The company also states a five-year growth plan to expand from approximately 1,400 apartment units to 10,000 units, which would imply materially larger capital-raise and acquisition capability than is currently evidenced in the data.

Name

Newport Real Estate Group

Legal name

Newport RE Group, LLC

Website

https://newportregroup.com

Company type

Private

Founded year

2014

Operating status

Operating

Headcount range

11–50 employees

Short description

Newport Real Estate Group is a privately held Houston-based multifamily real estate sponsor that acquires and repositions value-add apartment properties in Texas and Nevada, raising capital from high-net-worth individuals, family offices, endowments, and financial advisors. Current portfolio spans approximately 2,115 units and $225M in assets under management.

Ownership category

akta.pro rank

Headquarters

HQ city

Houston

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Marketing or Sales, Others

Revenue model

1. Real Estate Investment Returns: The company generates returns for investors through value-add multifamily investments, repositioning properties with management inefficiencies and physically distressed attributes to create immediate equity positions and elevated returns.

Go-to-market motion1 record

Distribution channels2 records

Marketing channels3 records

Core offering

Newport RE Group acquires, repositions, and manages value-add multifamily apartment properties in tax-friendly states (Texas and Nevada) on behalf of outside investment partners. The firm sources distressed or underperforming multifamily assets, executes physical and operational improvements, and operates the properties under a resident-centric management philosophy to generate returns exceeding 30% IRR since 2014. It currently manages $225,000,000 in assets under management across 2,115 apartment units.

Product overview

Newport RE Group operates as a multifamily real estate investment company managing a portfolio of apartment properties across Texas and Nevada. The company offers a single integrated investment platform rather than modular products, encompassing property acquisition, value-add repositioning, and asset management services. The portfolio includes current assets (Skylar Pointe, Luxe at Katy, and Trails at Lake Houston) alongside completed projects (Chestnut Hill Apartments, CP Waterfront & Marina, Oakbridge Apartment Homes, and Commons on Edgebrook). The resident-centric management philosophy drives superior returns by combining data-centric market research with hands-on property repositioning to identify and capture value-add opportunities.

Differentiator

Problem solved

Functional benefit

Products and services

• Multifamily Real Estate Investment Management Integrated platform offering acquisition, value-add repositioning, and ongoing asset management of multifamily apartment properties for outside investment partners. Targets markets with elevated job growth and increasing population demographics in tax-friendly states (Texas, Nevada). Aims to create immediate equity positions through identifying properties with management inefficiencies and physically distressed attributes.

Quantifiable outcome

• Average partnership return exceeds 30% IRR since 2014
• +5 more outcomes

Named customers4 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Scale indicators8 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• ValCap Group: Multifamily value-add investment firm co-founded by Newport CEO Jack Franco that acquired over 6,000 apartments totaling $500M+ from 2012-2018. Direct predecessor entity with same value-add multifamily strategy, Texas focus, and distressed-asset orientation.
• Alamo Equities: Multifamily value-add investment company co-founded by Newport COO Matt Wilson in 2013, focused on delivering risk-adjusted returns through value-add multifamily investments. Shares the same investment philosophy, geographic footprint in California/Nevada, and target investor base.
• Westmount Realty Capital: Dallas-based multifamily investment management firm pursuing value-add strategies across Sun Belt markets. Comparable as a regional multifamily operator serving similar institutional and high-net-worth investor base.
• Civitas Capital Group: Dallas-based alternative asset manager with a multifamily value-add strategy and a focus on serving family offices and high-net-worth investors. Directly comparable LP base, asset class, and deal-size profile.
• Presidium Group: Texas-based multifamily owner/operator focused on value-add acquisitions and repositioning of apartment communities. Directly comparable in business model, asset class focus, and Texas market exposure.
• Palladius Capital Management: Multifamily-focused investment manager pursuing value-add strategies in U.S. Sun Belt markets. Comparable investment thesis, geographic tilt, and institutional LP fundraising approach.
• Tipton Asset Group: Texas-based multifamily investment sponsor focused on value-add apartment repositioning. Comparable asset class, Texas concentration, and value-add operating playbook.

Broad incumbents

• Lone Star Funds: Large Dallas-headquartered global private equity firm with significant U.S. real estate exposure including multifamily. Broader and far better capitalized than Newport, but overlaps geographically and competes for similar Sun Belt opportunities.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks2 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/newport-re-partners-llc

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 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 Newport Real Estate Group