Now under one roof as Rockhill Capital & Investments, the merger advances the North Texas firm’s management team and real estate investment capabilities.
FRISCO, Texas, November 21, 2022–(BUSINESS WIRE)–Veteran North Texas real estate development firm, Rockhill Capital & Investments, today announced its merger with North Texas real estate investment firm, Horizon Capital Partners. Now under one roof as Rockhill Capital & Investments, the Frisco-based firm plans to leverage its expanded team and resources to target a wider range of real estate investments and bolster its development activity in the region. .
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Veteran North Texas real estate development firm, Rockhill Capital & Investments, today announced its merger with North Texas real estate investment firm, Horizon Capital Partners. (Graphic: Business Wire)
Since its inception in 2009, Rockhill has provided expertise in land acquisition and development, rights and infrastructure construction, with a focus on residential development in North Texas. Horizon is focused on developing, sourcing and acquiring financing and capital relationships with the goal of achieving positive long-term results for its investment partners. Together, the companies have over $300 million in real estate assets under management.
“We have worked closely with Horizon for many years as our strengths complement each other, so joining forces makes sense,” said Ryan Griffin, Principal at Rockhill. “Most of our team members have grown up and have a vested interest in the North Texas area. We understand the real estate opportunities and how special the next 10 years and beyond will be for the community we are part of, so we are very much looking forward to increasing our capacity and participating in further developments.”
Horizon founders Dave Johnson and Mark Smith join Rockhill from Horizon. Johnson has extensive experience in the hospitality industry, where he spent 17 years at Wyndham Hotels as president. Later, he became President and CEO of Aimbridge Hospitality, recognized as one of the world’s leading hotel management companies. Smith is a real estate veteran with experience acquiring, managing, financing and developing projects spanning over two decades.
“There is tremendous synergy between our teams, so merging with Rockhill is the most logical next step to expanding our collective footprint in the Texas development industry,” adds Dave Johnson, now Principal at Rockhill.
“We look forward to continuing to create new opportunities with Rockhill and positive results for our investment partners,” added Mark Smith, now Principal at Rockhill. “We believe we have a powerful team and are excited to see what we can achieve together in 2023 and beyond.”
On the Rockhill skyline are several residential communities, including the Uptown Celina development, a 675-acre neighborhood with a prime location adjacent to downtown Celina on the north side and extending west almost to the future Dallas North Tollway. Uptown Celina will include at least four distinct neighborhoods offering varying home sizes and types, with potential for multi-family, commercial and retail space.
Other significant upcoming projects include a joint venture with Covenant Development to develop the single-family residential portion of Heritage Ranch, a 440-acre mixed-use planned community in Sherman, Texas. Rockhill also recently announced Oliver Creek Ranch (formerly Shoop Ranch), an 1,800-acre project in New Fairview, Texas, between Denton and Fort Worth, with plans for 5,000 homes, a town center and more.
To learn more about iconic Rockhill developments and company news, visit www.rockhillinvestments.com.
About Rockhill Capital & Investments:
Rockhill Capital & Investments is a respected commercial and residential turnkey developer in North Texas, offering deep expertise in land development and construction management. Over the past decade, the company has contributed to the tremendous growth and development of the North Texas region and has built a reputation for the careful planning, thought and attention required to successfully execute construction projects. land development and construction and help build successful projects. communities. For more information, visit www.rockhillinvestments.com.
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Lauren Griffin Thorsen