Enhancing Communities Through Thoughtful Design
About
Furman Malooly Development ("FMD") is a private real estate investment firm based in El Paso, Texas. FMD is focused on meeting the needs of income-focused CRE investors. Our Build-To-Core strategy involves CRE development from the ground-up and holding stabilized assets for the long-term. FMD strives to provide our investors with competitive risk-adjusted yields, passive income, and long-term appreciation. Our approach to development appeals to a broad range of accredited investor types including first-time investors, professionals, entrepreneurs, executives, retirees, high-net worth investors, family offices, and institutional investors. For investors with shorter investment time horizons, FMD occasionally invites investors to partner in its merchant build and value-add acquisition activities across various real estate asset classes with planned investment time horizons ranging from 24 to 60 months.
Project Pipeline
In Furman Malooly Development's first year as a formed company, the team has broken ground on a 225-unit multifamily development on the far east side of El Paso, TX.
Desert Commons
Asset Type: Multifamily - Market Rate
Status: Under Construction
Desert Commons is a 225 unit luxury apartment community located in the growing east-side of El Paso, TX. Units will be available for lease starting Fall 2022 and occupancy starting Spring 2023.
Investor Inquiry
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