All news

McGrath Real Estate Partners announces that Patrick Blount joins their team as the Vice President of Acquisitions/Development

May 4, 2022

Houston -  McGrath Real Estate Partners has signaled that they are bullish on the national multi-family, student housing and build to rent markets in a big way and have hired long time real estate rain maker Pat Blount to join as the Vice President of Acquisitions/Development.

CEO Michael McGrath and Pat Blount have a forty-four year business/friendship relationship and are both well known in national real estate circles.

Blount began his career with McGrath in the property management business and has furthered his extensive education in both commercial real estate debt and investment securities/syndication and has substantial experience in every discipline of the real estate industry.

“I am as excited about joining McGrath Real Estate Partners as I have been about any business decision in decades” said Blount.

“Michael continues to grow a very seasoned team of real estate experts and I’m proud to have been selected to join his group”

McGrath Real Estate Partners was formed in 2018 after McGrath sold his majority ownership interest in Asset Plus Corporation and Asset Campus Housing, two organizations that he had created and developed into one of the nation’s largest and most respected multi-family property management and student housing operators during his thirty-two year leadership there.

McGrath has an illustrious career in the acquisitions and development business as well and has developed and/or joint ventured on $2 billion in property values with over $500,000,000 currently under design/development throughout the United States.

Michael McGrath said “Pat is an incredible deal maker that is never off the clock and we are very excitement about him joining our team. We truly look forward to him exploring and expanding our pipeline of investments opportunities.”