Fidelis Realty Partners launches residential division
Summary
“Kenady, Ford, and Trey bring considerable residential experience and energy to Fidelis and were a perfect fit to start our Residential Division,” Fidelis President and CEO Alan Hassenflu said in an announcement. Fidelis Realty Partners owns, manages and leases more than 13 million square feet of retail space, including projects such as Meyerland Plaza, San Jacinto Marketplace and Brookhollow Marketplace in the Houston area. It operates more than 60 properties in 10 cities in Texas, New Mexico, Louisiana, Tennessee and Colorado. The new team will be tasked with maximizing the value of the firms retail real estate, more than half of which is in Houston. I think it makes sense to develop both asset types within the same office.” Fidelis Residential will apply an "acquire and hold" strategy to create investments designed to generate consistent income and growth.
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