Duis ac lorem sit amet nibh gravida malesuada rutrum ac velit.
Posted by: In: Rockspring News 03 May 2019 0 comments

HOUSTON, May 2, 2019 – Rockspring Capital, a privately owned real estate investment firm headquartered in Houston, today announced the addition of Michael Johnston as Vice President, Duties Sales. Johnston will be responsible with generating new investment opportunities with regional and national registered financial advisors (RIAs), family offices, high net worth individuals, and more, for the firm’s fund offerings as well as working with end users, such as construction and development companies, for the acquisition of Rockspring’s real estate assets.

“We’re excited for Michael to join the team as his efforts will further elevate the case of why Texas has and will continue to be ideal place to invest,” said Jim McAlister IV, President and CEO of Rockspring Capital. “His 15 plus years of national commercial construction and development experience will also be instrumental as he and our brokerage teams will continue to market our development-ready assets to construction firms that are looking to build residential and commercial structures in opportunistic locations of Texas. Since he’s started, he’s already secured great wins and are looking forward to his continued success.”

Prior to joining Rockspring, he served as Operations Director and Project Executive for BE&K Building Group where he worked closely with business development to procure new business while overseeing a variety of projects. Johnston also founded and ran Johnston Commercial Services for several years where he sold more than $15 million in mechanical services. Well versed in estimating and modeling out income property, Johnston received his BBA in Marketing from Texas State University.

###


About Rockspring

Rockspring Capital is a Houston-based real estate investment company with a history to 1973 whose strategy is to acquire opportunistic real estate, land parcels and residential lots in high growth areas. It also makes special situation bridge loans, note purchases and covered land plays on real estate assets. Rockspring Capital acquires with all cash in markets within the “Texas Triangle” – Houston, Austin, San Antonio and Dallas/Ft. Worth.  

Posted by: In: Rockspring News 17 Jan 2018 0 comments

Energy downturn and hurricanes have not slowed the Texas economy, according to CEO and President of Rockspring Capital, Jim McAlister IV. Through all of it, Rockspring continues to find and capitalize on investment opportunities throughout the state and the Houston Chronicle recently caught up with McAlister to discuss momentum moving into 2018.

To read the full Houston Chronicle interview, click here.

 

Posted by: In: Rockspring News 19 Dec 2017 0 comments

Rockspring Capital’s sale of a 1,619-acre parcel was recognized as a finalist in the Houston Business Journal’s 2017 Deals of the Year for Residential Real Estate. The firm assembled the property before the recession and patiently waited for the best deal, which ended up being one of the largest in the Houston area since the oil slump. Rockspring is honored to be recognized as one of the foremost experts in real estate investment strategy and looks forward to a strong 2018.

To view the Houston Business Journal article, click here.

Posted by: In: Rockspring News 18 Sep 2017 0 comments

HOUSTON (September 18, 2017) – Rockspring Capital, a privately owned real estate investment firm headquartered in Houston, today announced the hiring of Mike Axelrad as Managing Director of Capital Markets.

Read more…

Posted by: In: Rockspring News 16 Aug 2017 0 comments

– Houston Business Journal Article by Rockspring Capital CEO

It’s been almost 10 years since the real estate bust and three years since the start of the oil downturn and it’s starting to look like economic experts who have been bad mouthing Texas are running out of things to say.  According to a recently contributed article by Rockspring Capital’s Jim McAlister IV, foreign investment in Texas real estate has become a critical part of the economic growth Texas has enjoyed. The diverse industry base and friendly economic environment have skyrocketed the Lone Star State to the top of investment maps. It seems like it is only the beginning.

To view the Houston Business Journal article, click here.

Posted by: In: Rockspring News 27 Jul 2017 0 comments

Rockspring Capital President and CEO Jim McAlister IV recently caught up with Houston Business Journal Real Estate Reporter Paul Takahashi to discuss the firms shifting land investment strategy over the past couple years. They discussed the transitioning focus from residential and suburban land plots to high density urban areas and upcoming fund plans for additional acquisitions in the future.

To view the Houston Business Journal article, click here.

Posted by: In: Rockspring News 08 Jun 2017 0 comments

Transaction is the biggest in firm’s history

HOUSTON, June 8, 2017 – Rockspring Capital, a privately-owned real estate investment firm headquartered in Houston, today announced the sale of a 1,619-acre tract in Northwest Harris County located off of U.S. 290 and Katy Hockley Road in the outskirts of Houston. The piece was sold to leading Houston master plan community (MPC) developer Johnson Development Corp. for an undisclosed amount.

Read more…

Posted by: In: Rockspring News 05 Jun 2017 0 comments

HOUSTON, June 5, 2017 – Rockspring Capital, a privately owned real estate investment firm based in Houston, today announced the acquisition of a 2.9-acre mixed-use tract in the heart of San Antonio. Bought in a joint venture with other Rockspring funds, the property is located downtown near the Alamodome and Riverwalk at the intersection of Cherry Street and César E. Chávez Blvd.

Read more…

Posted by: In: Rockspring News 27 Apr 2017 0 comments

HOUSTON – Rockspring Capital, a privately-owned real estate investment firm based in Houston, today announced the acquisition of a 16.9-acre multifamily tract in New Braunfels, Texas, a submarket near San Antonio. The company purchased it in a joint venture with other Rockspring funds.

Read more…

Posted by: In: Rockspring News 27 Apr 2017 0 comments

HOUSTON – Rockspring Capital, a privately-owned real estate investment firm based in Houston, today announced its purchase of a 10.26-acre tract, a covered land play, in the western suburbs of Houston. The company purchased it in a joint venture with other Rockspring funds.

Read more…