Dallas–Fort Worth  ·  Est. 2017

Disciplined capital,
built in North Texas.

We buy overlooked industrial buildings, build neighborhoods people are proud to live in, and entitle the land they both stand on. All of it in the fastest-growing metro in America, within an hour of our office.

40+
Transactions since 2018
9 years
Operating in DFW
Zero
Realized investor losses
~10 mo
Average hold, industrial
What we do

Two lanes. One discipline.

Industrial value-add for capital that needs to recycle. Ground-up development for capital with patience. Both underwritten the same way, sourced through the same relationships, run by the same team.

Photo: renovated flex-industrial, Dallas

Industrial Value-Add

Buildings institutions overlook and owner-users cannot buy in aggregate: acquired at wholesale, reconfigured to fit the operator who needs them, and sold to a buyer who values the same asset differently than an investor does. Short holds, so capital recycles.

Read more →
Photo: build-to-rent construction, Tarrant County

Ground-Up Development

Build-to-rent communities, master-planned land, and strategic entitlement in North Texas growth corridors. Capital creates the value, refinancing returns most of it, and the ownership keeps working for decades.

Read more →
How we work

We source. We vet. We structure. We build.

1

Source

Relationships across the DFW brokerage community surface deals before they're marketed. In a non-disclosure state, knowing real prices is a real edge.

2

Vet

Every deal is priced against our own comp database and exit-pricing model, built in-house by our data team, then argued over by an investment committee that says no far more than yes.

3

Structure

Long-term capital partnerships let us close like a cash buyer and fund full renovations from day one. Sellers value the speed; investors value the certainty.

4

Build

Our own construction management team executes renovations in as little as 30 days, because every month a building sits idle is a month of someone's capital asleep.

Inside 3033 Royal Lane after renovation · Irving, Texas
Our why

Investing in real estate and in people to uncover and unlock the incredible value within them, so that value is realized, wealth is multiplied, and communities flourish.

The work

The work in motion.

Projects that show how we operate, from short-cycle industrial turns to a neighborhood of roughly 200 homes under development.

Photo: Royal Lane, after renovation
Realized · 2026

Royal Lane II

DALLAS, TEXAS · INDUSTRIAL VALUE-ADD

An overlooked industrial asset acquired through our Phoenix Fund, renovated within 30 days of closing, and sold in June 2026. The model, working exactly as drawn.

Photo: Digital Drive, Richardson
Realized · 2025

Digital Drive

RICHARDSON, TEXAS · INDUSTRIAL REPOSITIONING

An industrial asset converted to a condominium regime and sold unit by unit to the owner-users who wanted it most.

Photo: Cibolo Hills site, North Fort Worth
In Development

The Preserve at Cibolo Hills

NORTH FORT WORTH, TEXAS · BUILD-TO-RENT

A build-to-rent community of approximately 200 homes rising in the Alliance growth corridor of North Fort Worth. Developed through the BBE Keystone Fund.

Alignment

Our capital works beside yours.

We invest in what we offer

BBE commits its own capital to the vehicles we sponsor. When we ask a partner to trust an underwriting, we've already trusted it first. And the number we watch is the simplest one: dollars returned against dollars deployed.

We report like we'd want to be reported to

Quarterly financials and a letter that says what actually happened, delivered through a modern investor portal, on a schedule you can set your calendar by.

We do the work ourselves

Sourcing, underwriting, construction management, and asset management live under one roof. Fewer handoffs, fewer surprises, faster decisions.

We'd rather pass than stretch

Our track record is built as much on the deals we didn't do. Discipline is boring right up until it's the only thing that matters.

Why here

The best market in America happens to be home.

We didn't choose Dallas–Fort Worth from a spreadsheet. We live here. The spreadsheet agrees anyway.

DFW
100+

Corporate relocations

More corporate headquarters have relocated to DFW since 2018 than to any other U.S. metro: Caterpillar and Charles Schwab among them, with major new campuses for Goldman Sachs, JPMorgan, and Wells Fargo.

~340

New residents a day

Net new arrivals to the metroplex, every single day. The housing they need is still catching up.

8.4M+

And growing

On pace to pass Chicago as the third-largest metro in America this decade.

$620B+

Regional economy

Large enough to rank among the top 25 economies in the world on its own.

Now the capital itself is arriving.

The Texas Stock Exchange opened in 2026, and Dallas–Fort Worth now trails only New York in finance jobs. The institutions behind that shift bring people, and people bring demand for exactly what we build: space for businesses to grow and homes for families to live in. We are bullish on the next decade here, and built to act on it.

Start a conversation

If you steward capital for a family, a firm, or yourself, we should talk.

Tell us what you're solving for. You'll get straight answers, real numbers, and a clear view of how we invest.

Get in Touch
What we do

Two lanes. One metroplex.

Everything we do sits within Dallas–Fort Worth, where we've operated since 2017. Focus is our risk management: sub-markets we can drive to, priced with data we built ourselves, held to underwriting that has to clear on today's numbers, not tomorrow's.

Photo: small-bay industrial, Dallas
Typical hold6–24 months
Typical renovationOften within 45 days
GeographyDFW infill sub-markets
Exit counterpartyOwner-users & operators
Lane 01 · Active

Industrial Value-Add

We know who the building is for before we own it. That is the strategy. Everything after it is execution.

We target Class B and C industrial and flex assets in infill DFW sub-markets that institutional capital screens out and owner-users cannot buy in aggregate: vacant, functionally obsolete, carrying deferred maintenance, or simply too small to move the needle for a fund and too large for the operator who actually needs the space. Those constraints are precisely why we can acquire at wholesale.

Then we make the asset fit its buyer. Subdivide the box into the bay sizes demand actually wants. Convert surplus office back to warehouse. Modernize the systems and clear the deferred maintenance a lender would flag. The renovation is the means, not the strategy.

The value sits in the gap between how two buyers price the same building. An investor prices cash flow against a cap rate. An owner-user is buying a home for their business and prices it against decades of rent they would otherwise pay someone else. The second buyer values it higher. We have run this sequence across dozens of buildings, and it prices, renovates, and exits the same way every time.

01 · Source

Off-market deal flow through broker, owner, and operator relationships built in this market, including a licensed North Texas broker on our own investment committee.

02 · Vet

Stress-tested against our own comp database and exit-pricing model, at flat rents, and against a named buyer pool rather than a generic exit cap rate.

03 · Reposition

Targeted renovation, often inside 45 days, converting bigger buildings into the smaller spaces demand actually wants.

04 · Exit

Sold to the owner-user who needs the building, in many cases identified before we closed on it. Then the capital goes back to work.

Proof point

This playbook has driven the majority of our 40+ transactions since 2018, including recent realized projects in Dallas, Irving, and Richardson.

Executed through the BBE Phoenix Fund →

Photo: Alliance corridor land under development
Typical holdYears to decades
Capital velocityBasis recovered at stabilization & refinance
GeographyDFW growth corridors
OutcomeLong-term ownership, capital recycled at refinance
Lane 02 · Active

Ground-Up Development

This lane is not about developing neighborhoods. It is about creating ownership that outlives the capital used to create it.

Capital does its hardest work during development, when land is positioned ahead of the corridor, entitlements are secured before vertical, and construction turns dirt into income. Once the community stabilizes, permanent financing returns most of that capital to investors. What remains is the part that compounds: an asset we still own, producing cash flow, available to recapitalize, and appreciating on a clock measured in decades rather than months.

Capital structure matters more here than anywhere. We underwrite to conservative rents, size debt for the day we refinance rather than for the model that lands the deal, and stay disciplined on land basis even when sellers want today's price for last cycle's product. Permanent financing isn't the end of the investment; it's the moment capital recycles while the ownership already created keeps compounding.

Velocity, for us, doesn't always mean selling. On the right asset it means recovering our initial capital at refinance, leaving little to no basis in a property we still own, and participating in the cash flow, appreciation, and tax-efficient harvests that follow. Selling remains an option we underwrite. It is not the assumption the investment depends on.

01 · Control

Long-look land positions in growth corridors, close to corporate relocations and infrastructure.

02 · Entitle

Density and use secured ahead of vertical, with deliberate buffer to the underwritten unit count.

03 · Develop

Built with experienced operator partners, on fixed-price terms wherever feasible.

04 · Stabilize

Lease-up to stabilized occupancy, then refinance into permanent debt sized on real operating performance.

05 · Return & Own

Most of the invested capital comes back at refinance. Ownership stays. From there the asset produces cash flow, recapitalization capacity, and long-term appreciation.

Proof point

The Preserve at Cibolo Hills: approximately 200 homes, ~17.5 net developable acres, developed through the BBE Keystone Fund with our homebuilding partner.

Executed through the BBE Keystone Fund →

The idea underneath both lanes

Ownership without becoming the operator.

Industrial recycles capital. Development compounds it. Neither requires us to become a property manager, a homebuilder, or a general contractor. We partner with people who do that work for a living and stay in the seat where our judgment actually creates value: what to buy, how to structure it, and when to let it go.

Non-negotiables

The filter runs before the underwriting does.

These are not aspirations. They are the reason we close fewer deals than we see.

01

Concentration

One metroplex since inception. Texas is a non-disclosure state: what assets truly trade for isn't public record. Knowing it, and buying below it, is the compounding edge.

02

Conservatism

Underwritten at today's rents against our own comp database. Leverage sized for refinance, not for the model that wins the deal.

03

Alignment

GP capital alongside on every fund. The number that matters is dollars returned to dollars deployed.

04

Capacity

A multi-fund platform sized to the asset, not to any single vehicle. Capital recycles without losing discipline.

05

Relationships

Brokers, owners, lenders, and operators we've worked with before. The deal flow is the network.

06

Execution

The people who underwrite a deal close it, manage it, and exit it. No handoffs.

That's the discipline. Here's what it has produced.

See the Results
Results

Realized results.
Not projections.

Below are realized outcomes and work currently underway. The numbers are the record, not the forecast.

40+
Transactions since 2018
3
Funds sponsored
Zero
Realized investor losses
~10 mo
Average hold, industrial
Fully realized · BBE 2018 Fund, LP

Every dollar returned,
then multiplied.

3.8x
MOIC
47%
Fund IRR
4.5 yrs
First dollar to final distribution

Realized results of BBE 2018 Fund, LP, our first sponsored vehicle, now fully liquidated. Figures are presented net to the fund and are unaudited. Past performance is not a guarantee of future results.

About our funds →

Case studies

Recent work, up close.

Photo: Royal Lane, after renovation
Realized · June 2026

Royal Lane II

DALLAS, TEXAS · PHOENIX FUND

An industrial property acquired below replacement cost in a sub-market we've traded for years. We underwrote it against a specific pool of owner-users already looking for space of this size. Our construction team completed the renovation within 30 days of closing, and the building sold in June 2026 to a buyer who needed exactly what we had made.

30 days
Renovation
< 9 mo
Hold period
Sold
June 2026
Photo: Royal Lane I aerial
Realized · 2026

Royal Lane I

IRVING, TEXAS · PHOENIX FUND

The building came half-leased when we bought it. We took the whole property up: roof, foundation, windows, exterior paint, and parking lot, then completely rebuilt the interior of the vacant half, while the in-place tenant's rent offset our carry across a roughly fifteen-month hold. The buyer was an owner-user who moved his own business into the renovated space and kept the existing tenant next door for the income. Speed is the usual playbook. Knowing when not to rush is part of the discipline too.

~15 mo
Hold period
Half-leased
Tenant income offset carry
Sold
2026
Photo: Digital Drive, Richardson
Realized · 2025

Digital Drive

RICHARDSON, TEXAS · PHOENIX FUND

An industrial repositioning executed through the Phoenix Fund. Rather than sell one building to one buyer, we created an industrial condominium regime and an owners' association, then sold units individually to the owner-users who valued them most. Structure, not just renovation, made the value.

Unit-by-unit
Exit strategy
2025
Fully exited
Photo: Cibolo Hills site, North Fort Worth
In Development

The Preserve at Cibolo Hills

NORTH FORT WORTH, TEXAS · KEYSTONE FUND

A build-to-rent community of approximately 200 homes in the Alliance growth corridor: roughly 17.5 net developable acres carried from land contract through entitlement toward construction, developed with our homebuilding partner. It is developed through the BBE Keystone Fund and is the fullest expression of our three disciplines working together: land, entitlement, and community building.

~200
Homes planned
17.5 ac
Net developable
Alliance
Growth corridor
Photo: Logan assemblage aerial
Realized · December 2025

Logan

FORT WORTH, TEXAS · LAND ASSEMBLAGE

More than ten adjacent parcels, assembled at a basis no single seller could have commanded. We explored developing the site ourselves, and then a developer who wanted exactly that footprint made an offer strong enough that selling was the better answer. We closed in December 2025. Every path gets underwritten; the best one wins.

10+
Parcels assembled
1
Buyer at exit
Sold
December 2025
Counterparty notes

What the other side of our deals says.

"Closed on time, paid on time, retired the loan early. Outstanding experience. We've since reviewed other opportunities with them."

Ken Salyer · Tri-Kes · Seller & Lender, 2021

"Closed on time, interest paid on time, note retired early. We'd welcome the chance to work with them again."

Steve Kang · Lender · Dallas

That is the record. The more interesting conversation is about what is next. If you'd like to hear about upcoming projects, we'd be glad to start there.

Ask About What's Next
Funds

Two clocks. One discipline.

Our industrial work runs on a fast clock: months, not years. Our development work runs on a slow one: years, on purpose. We sponsor distinct vehicles so each strategy gets capital that matches its rhythm, and so investors choose the clock they want to be on.

2018

BBE 2018 Fund, LP

Fully Realized

A focused DFW strategy, executed start to finish, with distributions beginning in year three and final liquidation in under five years. It returned a 3.8x MOIC and a 47% fund IRR, and it set the playbook every vehicle since has followed.

Realized, net to the fund, and unaudited. Past performance is not a guarantee of future results.

2022

BBE Phoenix Fund, LP

Fully Subscribed · Closed to New Capital

The short-cycle engine. Phoenix acquires, repositions, and sells DFW industrial properties in rapid succession, recycling the same capital through turn after turn rather than letting it sit. Each turn compounds the advantage: the same dollar does more work every time it comes home. Recent exits include Dallas, Irving, and Richardson.

ACQUIRE REPOSITION EXIT REDEPLOY THE SAME DOLLAR, WORKING AGAIN

The Phoenix Fund is fully subscribed and no longer accepting new capital. Investors interested in participating today can explore the Keystone Fund below.

Phoenix Fund investors receive quarterly financials and updates through our investor portal.

2026

BBE Keystone Fund, LP

Current Vehicle · Hybrid Approach

The long clock, with a hybrid approach. Keystone is our vehicle for projects measured in years rather than months: ground-up development, build-to-rent communities, and strategic land across Texas, along with larger or longer-duration industrial value-add plays when the opportunity earns it.

Build-to-rent is not about developing neighborhoods. It is about owning them. Capital does its hardest work during development. Once a community stabilizes, permanent financing returns most of that capital to investors, and what stays behind is an asset we still own: producing cash flow, available to recapitalize, and appreciating on a clock measured in decades. That is a different philosophy from building to sell, and it is the reason Keystone exists.

In development: The Preserve at Cibolo Hills, a community of approximately 200 homes in North Fort Worth, built with our homebuilding partner.

CAPITAL RETURNED ACQUIRE / DEVELOP STABILIZE REFINANCE HOLD & COMPOUND

Accredited investors may request information about the Keystone Fund through our team.

The platform

We size to the asset, not to a fund minimum.

When a transaction fits the thesis and exceeds a single vehicle's capacity, the platform and our capital relationships absorb it without compromising underwriting discipline. Our LP base is anchored by family offices, RIAs, and private capital allocators; co-investment and separately managed structures are considered where the deal and the relationship warrant. Every relationship is direct with the GP.

Institutional execution comes from a team that has done the work before, in the same market, to the same standard. That is what every transaction here is held to.

Request Fund Information
People

The people who decide are the people you'll know.

The people who underwrite a deal are the people who close it, manage it, and exit it, and every transaction since 2017 has passed through the same investment committee.

Values

Stewardship over scale.

These predate the funds and will outlast any given transaction. They are the lens for every hire, every partnership, and every deal.

/ 01

Professional excellence

Stewarding entrusted capital and relationships with integrity and care.

/ 02

Equitable profitability

Creating a cycle of wealth and generosity that benefits all participants.

/ 03

Graceful engagement

Listening first, acting with dignity, and fostering collective counsel.

/ 04

Principled collaboration

Challenging ideas constructively to innovate and drive shared success.

/ 05

Life transformation

Empowering people to embrace their authentic selves and live purposefully.

Photo: Tim Boyce headshot

Timothy R. Boyce

Member & President
Read bio →
Photo: Aaron Elmor headshot

Aaron Elmor

VP of Finance & Investments
Read bio →
Photo: Colton Fairchild headshot

Colton Fairchild

VP of Business Development & Strategy
Read bio →
Photo: Grant Boyce headshot

T. Grant Boyce

Member & Broker, United Real Estate
Read bio →
Photo: Mitchell Anderson headshot

Mitchell Anderson

Director, Real Estate Operations
Read bio →
Photo: Abdalmajeed Saleh headshot

Abdalmajeed Saleh

Senior Data Scientist, AI & Automation
Read bio →
How we operate

The name on the email walked the building.

We hire slowly and add capacity only where the deal flow has earned it. Every person on the platform was brought in by someone who has worked with them before.

01 · Ownership

One owner, end to end

Every transaction is sourced, underwritten, and closed by named members of the firm. The person who brings a deal in sees it through. That accountability does not change as we grow.

02 · Alignment

Capital alongside

The GP commits across the platform's funds. Our economics are oriented to total return, not asset gathering.

03 · Presence

Local, not relocated

The team lives and operates in DFW. No satellite office, no remote underwriting, no flying in for closings. The metroplex is the office.

The wider team

We execute at this volume because the people around us don't change. Accounting and bookkeeping, general contractors, and trades who have renovated our buildings for years: the same names on every project, most of them on our projects since 2018. These are not relationships assembled deal by deal, and the continuity is worth as much as anything on our balance sheet.

The Network · Capital & Affiliates

Independently operated. Structurally aligned.

BBE Group sits inside a network of independently operated firms with overlapping leadership and aligned values. Each firm runs its own strategy and capital structure. The most consequential of those relationships, for our LPs, is Agora Partners.

  Lead Capital Relationship

Agora Partners

Redemptive Private Credit

Agora Partners deploys redemptive private credit to proven operators across small and mid-sized businesses and real estate. Same philosophy as BBE: stewardship of entrusted capital, alignment over restriction, long-term relationships.

For BBE, Agora is the structural unlock. It allows the platform to size to the asset rather than to a single equity vehicle. When a transaction fits the thesis and exceeds an equity fund's appetite, the credit relationship absorbs the gap. No syndicating the deal away, no slowing the close, no waiting on the next raise.

The result is a platform that decides in one room and funds at institutional scale.

Leadership overlaps between BBE and Agora. The terms of any transaction between them are disclosed in the applicable offering documents.

agorapartnersholdings.com →
Affiliated Platform

Luminosity Capital

Florida Commercial Real Estate

luminositycapital.com →
Affiliated Platform

Sypnios

Acquires & Scales Businesses

sypnios.com →
Contact

Start with a conversation.

Tell us what you're solving for. Straight answers, real numbers, and a prompt reply.

Reach us directly

Whether you're evaluating a partnership, considering an investment, or selling a property that fits what we buy, we'd like to hear from you.

Your information is kept confidential and never shared.

Legal

Privacy Policy

How BBE Group handles the information you share with us through this website.

Last updated August 14, 2026


Who we are

This website is operated by BBE Group, LLC, a real estate investment sponsor based in the Dallas–Fort Worth metroplex. You can reach us at info@bbe-gp.com or (469) 364-4750 with any question about this policy or about information we hold.

What we collect

We collect only what you choose to give us. If you submit the contact form, we receive the name, email address, investor category, and message you enter. If you email or call us, we receive whatever you include.

We do not ask for and do not want financial account numbers, Social Security numbers, or other sensitive identifiers through this website. Please do not send them here. Information required to subscribe to one of our funds is collected separately, through the offering documents and the investor portal, not through this site.

Like nearly every website, our hosting provider records standard technical information such as IP address, browser type, and the time of your request. We use that only to keep the site running and secure.

How we use it

We use what you send us to reply to you, to answer questions about our firm and our funds, and to keep a record of our correspondence. If you ask us about an investment, we may use your contact details to follow up with information you requested.

We do not sell your personal information, and we do not share it with anyone for their own marketing. We do not run advertising on this site.

Who else sees it

Contact form submissions are delivered to our email through a third-party form relay service, which processes the message in transit and does not use it for its own purposes. Our email, file storage, and investor portal are provided by third-party vendors who process information on our behalf under their own security and confidentiality obligations. The investor portal is operated by a separate company and is governed by its own privacy policy, which we encourage you to read before creating an account there.

This site loads typefaces from Google Fonts, which means Google receives your IP address when a page loads. We may also disclose information where required by law, regulation, or subpoena, in response to a legitimate request from a regulator, or where necessary to protect our rights or the safety of others.

Cookies and analytics

As of the date above, this website sets no cookies and runs no analytics or tracking software. If that changes, we will update this policy before turning anything on, and will describe what is collected and how to opt out.

How long we keep it

We keep correspondence for as long as we have a relationship with you or a reasonable prospect of one, and afterwards for as long as our records, tax, and regulatory obligations require. You can ask us to delete your information at any time and we will do so unless we are required to retain it.

Your choices and rights

You can ask us what information we hold about you, ask us to correct it, ask us to delete it, or ask us to stop contacting you. Email info@bbe-gp.com and we will respond within a reasonable period, and within any timeframe the law requires.

Depending on where you live, you may have additional rights under state privacy law, including in Texas and California. We honor those rights regardless of whether a particular law applies to us, and we do not discriminate against anyone for exercising them.

Security

We use reasonable administrative and technical safeguards to protect the information we hold. No method of transmitting information over the internet is completely secure, so please use judgment about what you send through a web form.

Children

This website is intended for adults evaluating a business relationship with us. It is not directed to children, and we do not knowingly collect information from anyone under 18.

Changes

If we change this policy we will post the revised version here and update the date at the top. Material changes will be described plainly rather than buried.

Contact

BBE Group, LLC
Dallas–Fort Worth, Texas
info@bbe-gp.com
(469) 364-4750

Legal

Terms of Use

The terms on which this website is made available.

Last updated August 14, 2026


Acceptance

This website is operated by BBE Group, LLC. By using it you agree to these terms. If you do not agree with them, please do not use the site.

Information only

Everything on this site is provided for general informational purposes. Nothing here is an offer to sell, or a solicitation of an offer to buy, any security, nor is it investment, legal, tax, or accounting advice. Any offer of interests in a BBE-sponsored fund is made only through that fund’s definitive offering documents, which are available to qualified investors and contain important information about strategy, risks, fees, and conflicts of interest. In the event of any inconsistency, the offering documents control.

Performance and forward-looking statements

Performance figures shown on this site are historical, are presented as described alongside them, and are not audited unless expressly stated. Past performance is not a guarantee or reliable indicator of future results. Real estate investments involve substantial risk, including the possible loss of the entire amount invested.

Some statements on this site describe plans, expectations, or projects in progress. Those are forward-looking by nature, depend on assumptions and conditions outside our control, and may prove incorrect. We undertake no obligation to update them.

Accuracy

We work to keep this site accurate and current, but we make no warranty that it is complete, error-free, or up to date. Figures are as of the dates noted. The site is provided on an “as is” and “as available” basis, without warranties of any kind, express or implied, to the fullest extent permitted by law.

Limitation of liability

To the fullest extent permitted by law, BBE Group, LLC and its members, officers, employees, and affiliates will not be liable for any loss or damage arising out of your use of, or reliance on, this website or anything on it.

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The text, photography, graphics, marks, and layout of this site belong to BBE Group, LLC or are used with permission. You may view and print pages for your own evaluation. Please do not reproduce, distribute, or use them commercially without our written consent.

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This site links to websites we do not operate, including our investor portal and the sites of affiliated firms. We are not responsible for their content, security, or privacy practices, and a link is not an endorsement of anything beyond the relationship described.

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Please do not send confidential or proprietary information through the contact form. Information you submit is handled as described in our Privacy Policy. You agree that anything you send is accurate and that you have the right to send it.

Governing law

These terms are governed by the laws of the State of Texas, without regard to its conflict-of-laws rules. Any dispute arising from them will be brought in the state or federal courts located in Dallas County, Texas.

Changes

We may update these terms from time to time. The current version is always the one posted here, with the date shown above.

Contact

Questions about these terms can go to info@bbe-gp.com.