W Properties

W Properties, founded by Andrew Welker, is a vertically integrated real estate development company specializing in multifamily land entitlement and development. Established in 2018 and headquartered in Dallas, TX, the company focuses on high-growth markets with strong fundamentals. W Properties has quickly established itself as a pioneer in the build-to-rent sector, capitalizing on the trend of institutionalized single-family home investments. Their flagship project, launched in April 2024, is a 343-unit build-to-rent development in Melissa, TX, valued at $110 million. The company is also developing Wolf Creek Farms Phase 2, a 252-unit garden-style apartment complex in Melissa, TX, with an estimated value of $55 million and expected groundbreaking in late 2025. In addition to these projects, W Properties is expanding its reach with a significant development in Cape Coral, FL. This 47-acre project will feature 550 units across two phases: a 250-unit build-to-rent development and a 300-unit garden-style apartment complex. With a combined value of approximately $140 million, this project is anticipated to break ground in 2026. Under Andrew Welker's leadership, the company has shifted its focus from acquiring and rehabilitating existing properties to ground-up development. This strategic transition reflects Welker's forward-thinking approach and ability to adapt to market trends. The company's success is built on Welker's extensive experience, including his role as co-founder and CEO of New Western Acquisitions, where he oversaw the purchase of over $2 billion worth of real estate between 2008 and his departure.