Welker Properties is a construction startup with a focus on multifamily acquisitions, rehab, and development. Founded in 2017, the company aims to acquire and rehabilitate underperforming Class B and C apartment buildings in areas with strong market fundamentals. Their expertise spans value-added multifamily acquisitions, speculative and build-to-suit development, land planning, joint venture development, and more. The team, led by Andrew Welker, brings significant experience, with Welker having previously led a Texas-based real estate firm which purchased over 12,000 distressed residential properties worth $2 billion. Additionally, J. Chad Edwards, the VP of Development, has an impressive track record of building over 1400 multifamily Class A apartment units. Welker Properties' goal is ambitious – to create 10,000 affordable units in B & C Class Multifamily Apartment Complexes in select cities within the next 5 years. With a strong team and a clear vision, the company presents an intriguing opportunity for potential investors in the construction industry.
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