High-rise commercial buildings

Sub Markets

Property Sectors

Topics

Texas CRE News In Your Inbox.

Sign up for Connect emails to stay informed with CRE stories that are 150 words or less.

Texas  + Houston-Galveston  + Finance  | 

Houston CRE Veterans Form New National Investment firm

Longtime Houston friends and business partners, John Leggett, CEO of Leggett Ventures, and Brad Elmore, former Senior Vice President at Newquest Properties, announced today the formation of the new commercial real estate investment firm, NewFound Partners (NFP). The new venture, headquartered in Houston, develops and invests in traditional commercial real estate classes, as well as power and renewable assets across the country.

“After six years of working together on a variety of real estate investment projects, we’re excited to make it official with the formation of NewFound Partners,” said John Leggett, CEO of Leggett Ventures and Co-founder of NewFound Partners. “Leggett Ventures has been an active player in real estate and energy investment over the last decade, and the formation of NFP allows us to expand our footprint in commercial real estate assets.”

NewFound Partners actively invests in ground-up development opportunities and income-producing properties in high-growth markets. NFP’s portfolio currently spans office, hospitality, industrial, retail, multifamily, and mixed-use properties, along with solar and battery power storage developments.

Connect

Inside The Story

NewFound Partners

About Erik Hamilton

Erik Hamilton, who has more than 15 years in CRE journalism, is a former staff writer with the Los Angeles Times and the Orange County Business Journal. In addition to The Times and the OCBJ, he was also a reporter and editor for Crittenden Research, The San Bernardino Sun and UPI. Erik also worked six years in CRE public relations with Los Angeles-based Hoyt Organization, where he was a Senior Account Executive. He later joined Lee & Associates where he served as the Director of Corporate Communications. There ,in addition to his work with Lee’s CEO, he managed 57 offices nationwide and provided PR, social media and media training for the offices. A graduate of UC Irvine, with a BA in history, he is an avid record collector where he continues to search for a rare Joy Division single.

  • ◦Financing