What Partin Development does

Partin Development, LLC, operating under the brand Partin Properties, is a Houston, Texas-based private real estate firm specializing in the acquisition, development, and management of multifamily residential properties across Texas submarkets. Founded in 2008 by Jeff Partin (a CPA and licensed Texas Real Estate Broker), the company runs an integrated three-line service model covering Development & Construction, Acquisitions, and Property Management, with construction oversight capability delivered through the related Strategic Construction, Ltd. entity founded by Robert Partin (who has built over 50,000 multifamily units across 14 states since 1970). The company's portfolio of completed projects totals 1,554 units across six Texas properties (Reata West, Cityscape, Eaglebrook, West Creek, Highbridge at Egret Bay, Willowbend), and its currently active managed portfolio exceeds 2,100 units, with current holdings in Bryan, Sealy, and Montgomery, Texas.

The business operates with a lean corporate headcount (1–10 employees) led by four executives: Jeff Partin (Founder, driving acquisition, financing, entitlements, GC coordination, and disposition); Robert Partin (Founder of Strategic Construction, providing construction oversight and mentorship); Lorraine Rice-Padilla (VP of Property Management with ~30 years of multifamily experience, including HUD-assisted housing and REAC/NSPIRE inspections); and Jorge Antonio Aguero (Lead Maintenance Superintendent). Revenue is generated through three streams: one-time development and construction fees, transaction fees on acquisitions and dispositions, and recurring managed services fees on a 2,100+ unit portfolio. The firm serves two primary customer segments: residential tenants seeking multifamily housing in Texas, and real estate investors seeking value-add acquisition, development, and exit opportunities. Go-to-market is sales-led and relationship-driven for investors, with a self-serve property search platform on partindevelopment.com supporting residential leasing.

No proprietary technology platform, AI/ML capability, or significant external capital backing is disclosed. The company is privately held, founder-owned and operated, domiciled in Texas, and operates exclusively within the United States. Pricing for units and investment opportunities is not publicly disclosed; investor engagement is handled through direct inquiry.

Name

Partin Development

Legal name

Partin Development, LLC.

Website

https://www.partindevelopment.com

Company type

Private

Founded year

1964

Operating status

Operating

Headcount range

1–10 employees

Short description

Partin Development is a Houston-based private real estate firm that acquires, develops, and manages multifamily properties across Texas, serving residential tenants and real estate investors through integrated Development & Construction, Acquisitions, and Property Management services, with a managed portfolio exceeding 2,100 units.

Ownership category

akta.pro rank

Product category

Multifamily Real Estate Development

NAICS

Land Subdivision (2372), New Housing For-Sale Builders (236117), Other Activities Related to Real Estate (531390)

SIC

Land Subdividers & Developers (No Cemeteries) (6552), General Bldg Contractors - Residential Bldgs (1520), Real Estate Agents & Managers (For Others) (6531)

akta.pro primary industry

Residential General Contracting (New Build) (IMAFAAAB)

Keywords

• Multifamily real estate
• Property development
• Property management
• Real estate acquisitions
• Construction services

Headquarters

HQ city

Houston

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Development & Construction: End-to-end multifamily development and construction services, managing projects from initial planning through final construction completion.
2. Property Acquisitions: Strategic acquisition and sale of multifamily properties with value-add opportunities through renovation, repositioning, or operational enhancement.
3. Property Management: Ongoing property management services including tenant relations, maintenance, and operational oversight for multifamily communities. Generates recurring management fee revenue.

Go-to-market motion1 record

Distribution channels2 records

Marketing channels2 records

Core offering

Partin Development acquires, develops, and manages multifamily residential properties across Texas markets. The firm offers three integrated service lines: Development & Construction of multifamily communities, Property Acquisitions of multifamily assets, and ongoing Property Management for owned and third-party assets. Operations are anchored in Houston, Texas, with active and completed projects across multiple Texas submarkets.

Product overview

Partin Development is a multifamily real estate development company offering a unified suite of services across the property lifecycle: Development & Construction, Acquisitions, and Property Management. The company operates a portfolio of current multifamily properties in Texas (Bryan, Sealy, Montgomery) and has completed multiple past projects including Reata West Apartments (224 units, Azle), Cityscape Apartments (240 units, Houston), Eaglebrook Apartments (152 units, Mont Belvieu), West Creek Apartments (228 units, Conroe), Highbridge at Egret Bay (254 units, League), and Willowbend Apartments (456 units, Humble). The offering is structured as integrated service lines rather than a modular software platform.

Differentiator

Problem solved

Functional benefit

Products and services

• Development & Construction Services Vertically integrated multifamily development and construction services for Texas markets, including ground-up development of apartment communities with execution supported by related Strategic Construction, Ltd. entity.
• Property Acquisitions Sourcing, underwriting, and acquisition of multifamily properties in Texas for ownership and/or repositioning, structured as transaction-fee engagements.
• Property Management Ongoing property management services for owned and operated multifamily communities, including leasing, on-site maintenance, and resident services delivered as recurring managed services.

Quantifiable outcome

• Over 2,100 units currently under management
• +1 more outcomes

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Scale indicators3 records

Recent moves5 records

Expansion highlights4 records

Direct peers

• JLB Partners: Dallas-based multifamily developer with a strong Texas footprint, comparable to Partin in developing Class A multifamily communities and managing assets across Texas metros.
• Picerne Real Estate Group: Multifamily development, investment, and management firm with national reach; directly comparable as a vertically integrated multifamily operator (Jorge Antonio Aguero previously worked at Picerne Development).
• LDG Multifamily: Multifamily development and management company with a portfolio of Class A properties across multiple states; comparable vertically integrated multifamily operator competing in similar sub-markets.
• Westwood Residential: Texas-based multifamily investment and management firm operating in similar Sun Belt markets; comparable as a developer/manager combination in regional markets.
• Milestone Management: Multifamily property management and investment firm active in Texas and surrounding states; directly comparable third-party management competitor.
• Palladium USA International: Multifamily real estate development and investment firm with a development and value-add strategy similar to Partin's acquisition and repositioning approach.

Broad incumbents

• RPM Living: Texas-headquartered multifamily property management and investment firm managing tens of thousands of units; comparable as a third-party manager and investor in Texas multifamily.
• Asset Living: Houston-based multifamily property management firm and one of the largest managers in the U.S., directly competing for management contracts in Partin's core Texas markets.
• Camden Property Trust: Houston-based public multifamily REIT with a large Texas portfolio; competes for tenants, development sites, and acquisitions in Partin's home market.
• Greystar Real Estate Partners: Global leader in multifamily property management, development, and investment; competes broadly in Texas sub-markets with significant scale advantages.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 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 Partin Development