About
PMB Capital Investments is a privately held real estate investment and development company based in Dallas, TX. The principals – Peter Pincoffs, Matt Mildren, and Taylor Baird – have over 30 years of combined real estate and capital markets experience including the development of over 5,000 residential lots and over $750 million in direct real estate acquisitions. PMB has the flexibility to invest across all real estate product types and in equity, debt and/or mezzanine capital structures. The company primarily targets major cities in the southwestern US with strong population growth projections.
Peter Pincoffs
Partner
peter@pmbinv.com
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Matt Mildren
Partner
matt@pmbinv.com
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Taylor Baird
Partner
taylor@pmbinv.com
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Griffin Douthitt
Chief Financial Officer
griffin@pmbinv.com
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Kelby Golden
Senior Vice President
kelby@pmbinv.com
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Brian Motsenbocker
Vice President
brian@pmbinv.com
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Matt McCarney
Vice President
mmccarney@pmbinv.com
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Ryan Burgess
Vice President
ryan@pmbinv.com
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Jeff Cagnina
In-House Counsel
jcagnina@pmbinv.com
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Sonny Davis
Senior Construction Manager
sonny@pmbinv.com
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Josh Oyer
Construction Manager
josh@pmbinv.com
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Jake Holleman
Construction Manager
jake@pmbinv.com
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Rocky Sandlin II
Construction Manager
rocky@pmbinv.com
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Mallorie Barr
Associate
mbarr@pmbinv.com
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Sam Buchholz
Associate
sam@pmbinv.com
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Andy Karimian
Assistant Controller
andy@pmbinv.com
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Mack Wageman
Analyst
mack@pmbinv.com
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Alex Baker
Analyst
alex@pmbinv.com
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PMB Capital Investment Team
Peter Pincoffs
Partner
peter@pmbinv.com
Prior to founding PMB, Peter spent 5 years at Hines where he was most recently a Director in the Southwest Region, responsible for residential lot development in Dallas/FW and Denver. Peter joined Hines’ Capital Markets group in Houston in 2008 where he worked for the Hines family on direct investments in real estate across the US. Peter has developed over 1,500 residential lots in Dallas/FW, created and managed multiple Public Improvement Districts, and has actively participated in over $500 million of commercial real estate acquisitions and development projects.
Peter holds a Bachelor’s Degree in History from the University of Texas at Austin and a Master’s in Real Estate Finance and Construction Management from the University of Denver.
PMB Capital Investment Team
Matt Mildren
Partner
matt@pmbinv.com
Prior to joining PMB, Matt spent 10 years at Provident Realty Advisors where he became a development partner. While at Provident, Mildren was responsible for the development of multiple single family subdivisions, acquisition and reposition of several retail centers and debt acquisitions, all throughout the United States. Matt has developed over 2,500 residential lots throughout the United States and has created or managed numerous Municipal Utility Districts, Fresh Water Supply Districts and Public Improvement Districts. Matt was responsible for the acquisition and development of over $250 million in real estate projects over the last 5 years which included several large retail centers in California and Colorado that were purchased in partnership with The Kroenke Group.
Matt holds a Bachelor’s Degree in Finance from the University of Oklahoma.
PMB Capital Investment Team
Taylor Baird
Partner
taylor@pmbinv.com
Prior to founding PMB, Taylor spent 6 years at J.P. Morgan where he was most recently a Vice President in the Corporate & Investment Bank. While at J.P. Morgan, Taylor worked in the firm’s Consumer & Retail coverage group in Dallas where he worked on a broad range of transactions advising large Fortune 500 consumer and retail companies on mergers and acquisitions and capital raising alternatives. As a Vice President Taylor’s responsibilities included acting as project manager for live transactions and client relationship development. During his tenure at J.P. Morgan, Taylor worked on over 50 M&A, debt and equity capital transactions representing $30+ billion for companies such as 7-Eleven, Inc., WhiteWave Foods, Dollar General, Service Corporation Int’l, Bass Pro Shops, J.C. Penney, Advance Auto Parts, Toys ‘R’ Us, Signet Jewelers, Lowe’s and Rent-A-Center, among others.
Taylor holds a Bachelor’s Degree in Finance and Accounting and a Master’s in Accountancy from the University of Texas at Austin.
PMB Capital Investment Team
Griffin Douthitt
Chief Financial Officer
griffin@pmbinv.com
Griffin Douthitt is the Controller of PMB Capital Investments, where he is responsible for establishing finance and accounting policies, procedures, controls, and reporting systems.
Prior to joining PMB, Griffin worked for EY as a Tax Senior Associate.
Griffin received his Bachelor of Business Administration in Accounting and Master in Professional Accounting degrees from the McCombs School of Business at the University of Texas at Austin. He is a Certified Public Accountant licensed in the State of Texas.
PMB Capital Investment Team
Kelby Golden
Senior Vice President
kelby@pmbinv.com
Prior to joining PMB, Kelby spent 4 years at Amegy Bank in their Commercial Real Estate Group. At Amegy, Kelby led the financings of over $150 million of commercial real estate transactions and managed a portfolio valued at more than $220 million. Prior to Amegy, Kelby was employed as an analyst for Global Management Resources (GMR), a private equity company headquartered out of Chicago. While at GMR, Kelby was awarded a position on a small team responsible for the issuance of a $100 million dollar mortgage-backed security fund.
Kelby holds a Bachelor’s Degree in Finance from Texas Tech University and a Masters of Business Administration from Southern Methodist University with dual concentrations in Finance and Real Estate.
PMB Capital Investment Team
Brian Motsenbocker
Vice President
brian@pmbinv.com
Prior to joining PMB, Brian spent 4 years in both Investment Management and Fixed Income Sales & Trading at Bank of Texas. As a member of a team with over $500 million in AUM, Brian provided investment solutions for financial institutions and ultra-high net worth individuals. Most recently, while completing his MBA, Brian worked for Invesco Real Estate’s Structured Investments Group, where he underwrote senior and mezzanine financings for a $1.2 billion credit fund.
Brian holds a Bachelor’s Degree in Finance from the University of Oklahoma and a Masters of Business Administration from Southern Methodist University with dual concentrations in Real Estate and Honors Finance.
PMB Capital Investment Team
Matt McCarney
Vice President
mmccarney@pmbinv.com
Prior to joining PMB, Matt spent six years in the Capital Markets group at HFF/JLL on the Investment Advisory team where he was involved in over $4 billion of investment sale and debt/equity transactions across all commercial product types.
Before joining HFF/JLL, Matt was an analyst at GroundFloor Development, an Austin based developer focused on urban multifamily housing communities and mixed-use developments within high growth markets of Texas. Matt started his real estate career at Summit Capital, LLC where he was involved in over $100 million of land acquisitions intended for the development of commercial and residential uses.
Matt holds a Bachelor’s Degree in Accounting from The University of Kansas.
PMB Capital Investment Team
Ryan Burgess
Vice President
ryan@pmbinv.com
Prior to joining PMB, Ryan spent two years as a client associate with Neuberger Berman in their Wealth Management division. As a member of a team with over $1.8 billion in AUM, Ryan helped perform the analytical, market research and support work to maintain and grow the team’s book of business. Ryan is a graduate of Southern Methodist University with degrees in Economics with Financial Applications and Public Policy. Ryan also played four years on the SMU men’s golf team, playing in two national championships. Prior to Neuberger Berman, Ryan spent two seasons as a professional golfer on the PGA Tour Canada and one season on the PGA Tour Latino America.
PMB Capital Investment Team
Jeff Cagnina
In-House Counsel
jcagnina@pmbinv.com
Prior to joining PMB, Jeff worked in the Real Estate Development and Investments group at Winstead PC, where his practice encompassed a wide range of commercial real estate transactions.
Such transactions involved development, financing, leasing, acquisition, and disposition of real property of all asset classes, including multi-family, office, industrial, retail, healthcare, and master planned single-family and mixed-use developments.
Jeff received a Bachelor of Arts in English Literature from Texas A&M University and a Juris Doctor from The University of Texas School of Law. He is a member of the State Bar of Texas.
PMB Capital Investment Team
Sonny Davis
Senior Construction Manager
sonny@pmbinv.com
Prior to joining PMB, Sonny was a Project Manager at DL Meacham Construction, a general contractor based in Houston, Texas. While at DL Meacham, Sonny managed a diverse range of hardscape construction projects, from recreation centers for master-planned communities to public park facilities. Prior to DL Meacham, Sonny was a Project Manager at Pelican Builders, a Houston based residential development company. Sonny managed the construction of Pelican Builders’ residential properties at Somerset Green, a 46 acre residential community developed by Hines. Sonny also spent six years in multi-family construction, working for Trammell Crow Residential as an Assistant Superintendent and most recently a Development Analyst. Throughout his career, he has obtained a strong working knowledge of both the vertical (building) and horizontal (land development) construction and quality control processes.
Sonny holds a Bachelor’s Degree in Business Administration from Southern Methodist University.
PMB Capital Investment Team
Josh Oyer
Construction Manager
josh@pmbinv.com
Prior to joining PMB, Josh spent four years as a Combination Inspector for a city in the DFW Metroplex. In that time, Josh was responsible for inspecting and managing the municipal development responsibilities from plan review to project finalization for over 40 single-family residential phases as well as the residential home construction. Josh manages the day to day field construction for PMB’s development projects.
PMB Capital Investment Team
Jake Holleman
Construction Manager
jake@pmbinv.com
Prior to joining PMB, Jake spent over 8 years as a builder/construction manager for one of the nation’s largest privately held home builders.
In that time, Jake built over $80 million in single family homes across the metroplex from Las Colinas, Irving, Arlington, and Fort Worth.
He currently manages the day-to-day field construction for PMB’s development projects.
Jake holds a Bachelor’s Degree in Marketing from Stephen F. Austin State University.
PMB Capital Investment Team
Rocky Sandlin II
Construction Manager
rocky@pmbinv.com
A recent graduate, Rocky was previously an intern for PMB Capital Investments and worked closely with the construction management team. In that time, Rocky was a cross-functional team member responsible for numerous tasks. Rocky is now a construction manager for PMB with responsibilities in handling the day-to-day field construction and tracking phases of construction leading to project finalization for residential development projects.
Rocky holds a bachelor’s degree in science & technology from Tarleton State University with a focus in Construction Science & Management.
PMB Capital Investment Team
Mallorie Barr
Associate
mbarr@pmbinv.com
Prior to joining PMB, Mallorie spent over 7 years as an on-site property manager for FirstService Residential where she led the team of sited managers for all properties developed by PMB. Being involved in the Woodcreek project from development to near build out, she has served as an advisor for the construction and management of multiple community amenities including dog parks, fitness facilities, swimming pools, and trail systems. She has built strong relationships with builders, city officials, and property managers, which will continue in her role at PMB serving as the contact for community relations and differentiating what it means for our residents to live, work, and play in a PMB community.
Mallorie holds a Bachelor’s Degree in Communication from the University of Texas at Arlington and a Masters of Science from Texas A&M University with a concentration in Land and Property Development.
PMB Capital Investment Team
Sam Buchholz
Associate
sam@pmbinv.com
Prior to joining PMB, Sam spent 5 years in supply chain management at Pegasus Logistics Group. As a member of the Solutions Design Group, Sam provided global transportation and warehouse solutions for Fortune 500 companies. More recently, while completing his MBA, Sam worked for Partners Real Estate Company’s investment platform, Partners Capital, where he sourced and underwrote value-add acquisitions opportunities across Texas.
Sam holds a Bachelor’s Degree in Economics with Financial Applications from Southern Methodist University and a Masters of Business Administration from the University of Texas at Austin with a concentration in Real Estate Finance.
PMB Capital Investment Team
Andy Karimian
Assistant Controller
andy@pmbinv.com
Prior to joining PMB, Andy worked at Forestar Group for two years in the corporate office as a Senior Accountant.
Before joining Forestar Group, Andy was an Accountant at Associa for over two years, financial reporting for a portfolio of HOA communities and other property types.
Andy received his Bachelor of Business Administration in Accounting from the University of Houston – Victoria.
PMB Capital Investment Team
Mack Wageman
Analyst
mack@pmbinv.com
Prior to joining PMB, Mack worked at Heidrick & Struggles, a global search firm, as an Associate in their Financial Services practice. In this role, Mack worked with clients in proptech, fintech, and market infrastructure.
Mack received his Master of Science in Finance and Bachelor of Arts in Government from the University of Texas at Austin.
PMB Capital Investment Team
Alex Baker
Analyst
alex@pmbinv.com
A recent graduate, Alex previously conducted financial and mechanical statistical analysis for Valkyrie Investments’ research, and venture capital arms. Before joining Valkyrie Investments, Alex supported the bond trading and prime brokerage divisions for the StoneX Group in Dallas and New York.
Alex holds a Bachelor’s Degree from Harvard College with a concentration in Statistics and Economics secondary.
PMB Lending
PMB Lending provides first lien, non-recourse debt to single family lot development projects in major Texas markets.
For more information, please click HERE.
Projects
The Station is a new, mixed-use entertainment district in Sachse, Texas. Located on President George Bush Turnpike, between Miles Road and Merritt Road, the master development plan sits on 133 acres. The project will feature multifamily and single-family residences, restaurants, retail, office and entertainment options, all surrounding the green space of Sachse’s Heritage Park. PMB Capital and the City of Sachse devised a forward-thinking, public-private partnership to fund the public infrastructure and park renovation to bring this development to life for the residents of Sachse and surrounding communities. For more information, visit www.thestationtx.com.
Adaline at The Station, PMB’s inaugural multifamily development, is located within the broader Station mixed-use entertainment district in Sachse, Texas. The 297-unit project will feature a resort-style pool & cabanas, co-working space, game lounge, and state-of-the-art fitness facility, among other amenities. The first units will be move-in ready in July 2023. For more information on pre-leasing, visit www.adalinethestation.com
Bluestem is located directly adjacent to PMB’s Reunion development between the cities of Rhome and Newark, and will feature nearly 1,500 single-family homes from renowned homebuilder, D.R. Horton. The first phase of homes – with prices ranging from the mid-$200s to the $400s – is scheduled to deliver mid-2022. Bluestem is ideally placed near top attractions including Texas Motor Speedway, Alliance Town Center, Tanger Outlet Mall and more commercial development that is planned within the area. Residents can also enjoy access to the Northwest ISD public school system, a booming job market and connectivity to the major hub cities of Dallas-Fort Worth.
Located near the intersection of State Highway 114 and U.S. 287, Reunion will feature more than 10,000 single-family homes, nature-driven amenities, a highly-rated school system, convenient accessibility and more – all stretching across 3,100 acres of preserved lakes, rolling hills, waterfalls, woods and natural terrain. The first phase of homes – with prices ranging from the $250s to $600s – is slated for delivery mid-2022. Residential lot sizes will vary from 40-foot cottage-style lots to 70-foot estate lots with home designs from reputable builders including: American Legend Homes, Perry Homes and Union Main Homes.
Reunion is slated to become one of the largest residential communities in North Texas, with future plans including the addition of commercial and retail development, multi-family communities, and active adult living projects. For more information, please visit www.reuniontx.com
Veale Ranch
Located just 10 minutes from downtown Fort Worth at the intersection of I-20 and Loop 820, Veale Ranch will be Fort Worth’s premier master planned mixed-use development spanning over 3,700 acres. At completion, the project will feature 9,000 homes, over 1,500 acres of commercial and hundreds of acres of parks and open space, new schools (Aledo and Fort Worth ISD) and miles of walking trails.
The project will commence construction in Summer 2022 with the first phase of homes delivering in late 2023 and commercial following shortly thereafter.
Directly adjacent to PMB’s Wildcat Ranch development in Crandall, TX, River Ridge is a family-focused community featuring more than 1,000 homes alongside an amenity center boasting a pool, playground, a new on-site elementary school and scenic walking trails winding throughout the grounds. Kaufman County has experienced robust population growth due to its access to a booming job market, an exceptional education via Crandall ISD, and connectivity to the Dallas-Fort Worth metroplex.
Construction for the first phase of homes began in September 2021 and the residences are scheduled for delivery in 2022. Homes begin in the $300s and will be constructed exclusively by Taylor Morrison, a leading-edge residential homebuilder and developer with national prestige.
Edgewater is conveniently located just south of I-30, 25 minutes east of Downtown Dallas, in the rapidly growing Fate, TX. It will consist of over 600 single-family homes, over 8 acres of parks and open space, a trail system, and an amenity center. Home prices will range from the low $300s to the high $400s. The first phase is scheduled for delivery in the first quarter of 2022 and will consist of artfully crafted homes by: Grand Homes, Union Main Homes and Shaddock Homes. For more information, please visit www.edgewaterfate.com
Wildcat Ranch is master-planned for 3,100 single family homes from the $200s including builders KB Homes, Beazer Homes and D.R. Horton Homes. The project is located on US 175 in the ETJ of Crandall, just 25 minutes southeast of Dallas. Delivery of the first phase of homes is scheduled for late 2019. The community will include several comprehensive amenity complexes, generous open space and a broad entry boulevard. The property also has a newly constructed state-of-the-art elementary school that will serve the community beginning in the 2019-20 school year.
Woodcreek is a master planned community situated on 1,600 acres located just ten miles east of Lake Ray Hubbard within the city of Fate, TX. The development affords easy access to both I-30, LBJ Freeway, and the George Bush turnpike. This community encompasses numerous amenities including a fully equipped fitness center, a junior Olympic-sized pool, spray park, hike & bike trails, parks & playgrounds, and nearby top-rated golf courses. PMB manages all development activity, provides project accounting, and manages the municipal utility districts related to the project. Learn more at www.woodcreekfate.com.
The Bluffs at River-East is a single family development located on the east bank of the Trinity River, 3 miles northeast of downtown Fort Worth, near the up and coming Race Street entertainment district. The site adjoins a new Class A multifamily development that is under construction by Criterion Development. PMB Capital is developing approximately 51 single family detached lots for Havenwood Homes, an affiliate of Robert Elliott Homes. For more information, visit www.bluffsfw.com.
Ventana is new $500 million master-planned community in west Fort Worth. The community, located on Chapin School Road between I-20 and US 377, features award-winning builders David Weekley Homes, CalAtlantic Homes, and Dunhill Homes. Home prices range from the upper $200s to the mid $400s. Learn more at http://ventanatx.com/.
Press
More housing, a lot of it for rent, rising in west Fort Worth | June 10, 2024, 10:07 am CST
PMB Capital Investments LLC, the firm behind 5,200 acres of development in west Fort Worth, continues to plan residential expansion. The newest development includes a 180- home built-to-rent community called Canopy Homes at Ventana, right next to its 492- acre master-planned community called Ventana.
About 100 homes are under construction in the estimated $65 million build-to-rent community and are expected to be finished in July, said Taylor Baird, partner at Dallas- based PMB. He sees a need for the mix of rentals and for-sale homes in Ventana, which has 1,300 houses so far.
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D CEO’s Commercial Real Estate Awards | Best Land Deal | Veale Ranch | April 1, 2022
In one of the largest land deals in DFW last year, the 3,800-acre Veale Ranch—which has been marketed at $95 million—was purchased by Dallas community developer PMB Capital Partners. The property has been a cattle ranch owned by one family since 1935. Rex Glendenning of Frisco’s Rex Real Estate brokered the sale with Taylor Baird of PMB leading negotiations for the buyer.
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New North Texas communities on the way will bring sites for thousands of homes | September 3, 2021
New owners of the historic Veale Ranch west of Fort Worth expect their planned development could eventually total $5 billion in value. Dallas-based PMB Capital Investments just bought the 3,800-acre cattle spread, which is about 11 miles west of downtown Fort Worth.
PMB Capital plans to add the property — which had been in the same family since the 1930s — to its growing list of North Texas residential community developments.
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$3.5 Billion project north of Fort Worth to have 10,000 homes
A huge residential development planned northwest of Fort Worth will have room for more than 10,000 homes. Dallas based PMB Capital Investments has bought more than 3,400 acres of land for the project near the intersections of State Highway 114 and U.S. 287 in Wise County.
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Two North Texas master-planned communities land among top 50 in nation
Woodcreek in Fate, developed by Dallas-based PMB Capital Investments and Southstar Development, ranked 41st on the John Burns Real Estate Consulting list with 401 net sales.
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$250 million mixed-use development coming in Sachse | January 11, 2019, 7:00 am CST
A new $250 million development in the works for Sachse will bring new housing, commercial and retail space. Called The Station, the 119-acre mixed-use development will be built on Bush Turnpike between Miles and Merritt roads. The development is on both sides of the turnpike.
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Loan will spur development of 400 homes near DFW’s Lake Ray Hubbard | March 9, 2018, 6:00 am CST
PMB Lending, a subsidiary of Dallas-based PMB Capital, provided the financing needed to get the development of the home lots in the Woodcreek master-planned community in Fate off the ground.
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New community will bring thousands of homes starting in the $200,000s to Kaufman County
More than 900 acres of land in Kaufman County southeast of Dallas will be turned into a 3,100-home residential community.
SOCFM Developer LLC acquired the Wildcat Ranch, between Interstate 20 and U.S. Highway 175 near Crandall, for the project. Plans are to have the first homes ready by the end of next year, with prices starting in the $200,000s.
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New firm to finance $100 million in Texas residential development | July 19, 2017, 2:30 pm CST
A new Dallas company plans to loan up to $100 million to builders and developers to construct more housing lots. PMB Capital said Wednesday that its subsidiary plans to finance up to 75 percent and 80 percent of the cost of residential land developments in major Texas markets with its PMB Lending firm.
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Loan Pool Addresses Residential Shortage | July 25, 2017, 9:00 am CST
Aiming to fill a void in capital markets for single-family developers and home builders, PMB Capital Investments has formed PMB Lending, a discretionary pool of capital focused on lending to residential developers with a target of up to $100 million dollars.
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Dallas investor making affordable homes part of this new $500M community in DFW | June 28, 2017, 10:05 am CST
Dallas-based PMB Capital Investments plans to kick off a new $500 million master-planned community in Fort Worth, which will bring homes from the upper $200,000s to the mid $400,000s to this part of North Texas.