OVERVIEW

AMG Capital, LLC (AMGC) is a private, Houston-based real estate investment and fund management firm. AMGC partners with highly-qualified developers and operators to execute and manage opportunistic and value-added commercial real estate development and repositioning investment strategies in the United States on behalf of institutional investors and high net worth individuals. AMGC concentrates its investment focus on high-growth U.S. markets that are experiencing above average new job creation and population growth trends and on select U.S. markets with high barriers to entry. AMGC is committed to realizing superior risk-adjusted returns for its investors and joint venture partners.

AMGC was founded in 2015 by seasoned real estate professionals as a U.S. investment affiliate of Modern Land (China) Co. Limited, which is headquartered in Beijing and listed on the Hong Kong stock exchange. The principals of AMGC have extensive experience in U.S. and international real estate asset management, development and investment.



Philosophy

AMGC believes that successful commercial real estate investing depends on thorough analysis and a targeted, disciplined and data-driven approach. AMGC applies analytical examination, an asset-specific business plan, and hands-on asset management to transactions that possess a value-oriented thesis within a defined and focused investment strategy. This approach guides the way AMGC interacts on every transaction.

AMGC is committed to serving its investors and joint venture partners with consistency and integrity. AMGC partners with proven operators and disciplined development partners that share the same core values of integrity and accountability, in addition to possessing exceptional market knowledge and product-specific expertise. AMGC believes that establishing relationships with strategic partners generates attractive investment opportunities and enduring mutual success.

AMGC pursues a results-based philosophy that aims to preserve capital while minimizing risk and maximizing returns.

Investment and Management Experience

Through its relationships, expertise and disciplined, data-driven analysis, AMGC has a veteran staff with the capability and experience required to maximize value creation through a comprehensive, programmatic and conservative investment and asset management approach. Knowledge of development and operations are essential to understanding our investments. Asset management is critical to our success and requires engaging our development and operating partners at each phase of the investment plan to maximize value and mitigate risk. AMGC’s investment and management team’s experience is summarized below:

Real Estate Investment Experience:

  • Investment Committee has a collective 100 years of investment experience.
  • Collective investment and development projects valued over $16 Billion USD.
  • Experience investing in and developing multi-family rental, luxury condominium, office, hotel, retail, single-family housing, land development and mixed-
    use projects.
  • Experience with capital markets, project financing, and negotiating and structuring complex transactions.

Fund Origination and Management Experience:

  • Experience establishing real estate fund operations,including formulating and implementing policies, procedures and controls.
  • Experience in all aspects of real estate fund management, including capital raising, investment acquisitions, asset management, portfolio management, accounting and investor reporting.

Broad U.S. and International Market Experience:

  • Investment experience in multiple international markets including the United States, China, Europe, Russia, Canada, Mexico, Brazil, the Middle East and North Africa.
  • Prior investment experience and in-depth knowledge of each target market.

Asset Management Experience:

  • In-depth asset management experience with multi-family rental, office, hotel, retail, industrial, single-family housing and mixed-use properties.
  • Experience managing investments through multiple real estate cycles.

National Network:

  • Extensive relationship network of developers and operators creating unique access to new investment opportunities in each of the target markets.

Investment Strategy

AMGC has developed a defined, focused and disciplined strategy to invest in U.S. real estate properties through a real estate investment fund or joint venture platform. The investment thesis targets a single property type in select markets and will invest only in Class A assets. The goal is to achieve above-average risk-adjusted returns over four to five-year holding periods with moderate levels of risk. The strategy is summarized below:

Opportunistic Strategy: Development and repositioning equity investments.

Residential Focus: Multi-family rental and for-sale condominium projects.

Targeted Markets: (i) Supply Constraints – Create value in markets with high barriers to entry; and (ii) Demand Drivers – Exploit robust demand in markets with high employment and population growth and positive demographic trends.

Durable Real Estate: High-quality Class A product at in-fill locations within primary urban submarkets.

Strategic Partner Relationships: Leverage local market knowledge and experience by partnering with top-tier developers and operators.

Risk Mitigation: Avoid entitlement risk, utilize appropriate levels of debt, and actively manage the execution of business plans.

This investment strategy presents international investors with a great opportunity to diversify into U.S. dollar-denominated assets. The U.S. has the largest real estate market in the world and is characterized by market stability, steady growth, sophisticated capital markets, an established legal system, transparency and a high degree of liquidity. AMGC believes that these attributes provide the opportunity for attractive risk-adjusted returns.

TARGET PROPERTIES

• Multi-family New Construction
• Multi-family assets to re-position
• Condominiums in urban in-fill locations
• Urban M-F development sites with entitlements

Primary Markets

Houston, TX
Austin, TX
Dallas, TX
Seattle, WA
San Francisco, CA
Los Angeles, CA
San Diego, CA
Phoenix, AZ
Denver, CO
Atlanta, GA
Boston, MA
New York, NY
Washington, D.C.
Orlando, FL

OUR TEAM

Lei Zhang
Founder, Chairman and Executive Director of Modern Land; Co-Founder and Chairman Investment Committee of AMG Capital
Chairman Zhang founded Modern Land (China) Co. Limited (“Modern Land”) and is Chairman and Executive Director of the company. He has been an innovative leader of the real estate development industry in China for over 15 years since founding Modern Land. He is recognized for his innovations in developing “green projects” utilizing cutting edge technology, creative design, cost effective operations and highly efficient construction processes. Chairman Zhang is one of the most highly respected leaders in the Chinese real estate development industry. He has invested and developed real estate in 12 cities across ten provinces in China and in both Canada and the United States.

Chairman Zhang is the Co-Founder of AMG Capital, a private U.S. real estate investment and management firm affiliated with Modern Land, and is Chairman of the AMG Capital Investment Committee.

Prior to founding Modern Land, Chairman Zhang was General Manager of Zhongji Real Estate Development. He is a graduate of Tsinghua University with an EMBA.

John S. Landrum
Co-Founder, Chief Executive Officer and Investment Committee Member
Mr. Landrum is the Co-Founder and Chief Executive Officer of AMG Capital and directs the Investment Committee. He leads AMG Capital with over 38 years of real estate experience, including development and acquisition investments valued at over USD 12 billion of office buildings, hotels, high-rise condominiums, large-scale communities and urban in-fill, mixed-use projects.

Mr. Landrum began his real estate career in Houston with Century Development Corporation and recently served as Senior Advisor to a wholly-owned real estate development and investment subsidiary of a sovereign wealth fund in the Middle East. Mr. Landrum formerly served as President and Chief Executive Officer of Taylor Woodrow, Inc. (now Taylor Morrison, Inc.), and was a member of the Board of Directors of its parent company. Taylor Woodrow developed luxury golf communities and high-rise beachfront developments throughout the U.S. and Canada. Prior to leading Taylor Woodrow, Mr. Landrum served as Executive Vice President and Chief Operating Officer of The Related Group, which was the largest developer in the U.S. at that time.

Mr. Landrum is a member of the Urban Land Institute and formerly Houston District Council Chairman, the State Bar of Texas and formerly a member of the Real Estate Roundtable. He holds a B.A. in Economics from The University of Texas and J.D. from The University of Texas School of Law and attended the London School of Economics.

Scott Butterfield
Managing Director and Investment Committee Member
Mr. Butterfield is a Managing Director of AMG Capital and member of the Investment Committee. He directs fund management, investment acquisitions, asset management, investor reporting and capital fundraising for AMG Capital.

Mr. Butterfield has over thirteen years of real estate private equity fund experience, with particular expertise working on start-up opportunity funds. During his career, he has conducted all aspects of real estate fund management, including investment acquisitions, financial analysis, asset management, portfolio management, dispositions, capital fundraising, investor relations and reporting, and fund accounting. Prior to joining AMG Capital, Mr. Butterfield was a Director of Investments at Alcion Ventures, where he was actively involved in the management of the Alcion Real Estate Partners opportunity fund series. While at Alcion Ventures, he established and managed the investor reporting process, sourced and evaluated investment acquisitions, and performed asset management for hospitality, mixed-use, retail and residential properties. Prior to his six years at Alcion Ventures, Mr. Butterfield was a Controller at Hines, where he was a member of the fund management team for the Emerging Markets Real Estate opportunity fund series. While at Hines, he directed fund accounting and investor reporting, and performed asset management for an international portfolio of multi-family, office and industrial properties. Previously, Mr. Butterfield was Director of Real Estate Management and Development for the Texas Department of Transportation and an auditor with the Commercial and Financial Audit Division of Arthur Andersen.

Mr. Butterfield is a CPA and licensed real estate salesperson in Texas. He holds a B.A. in Economics and a Master of Accounting from Rice University, and a Master of Science in Real Estate Development from MIT.

Tingfu Qiao
Managing Director and Investment Committee Member
Mr. Qiao is a Managing Director of AMG Capital and member of the Investment Committee. In conjunction with Mr. Landrum, Mr. Qiao is in charge of capital fundraising, corporate policy and strategy for AMG Capital, serving as the primary liaison between AMG Capital and both Modern Land and Chairman Zhang.

Mr. Qiao has a broad background and a wealth of experience in the development of luxury, high-rise condominium and mixed-use urban projects around the globe, in addition to the oversight, management, marketing and sales efforts for these sustainable development projects. He continues to serve as Executive Vice President of Modern Green Development Co. Limited and Chief Executive Officer of American Modern Green, Limited (the U.S. subsidiary of Modern Land). In this capacity, he is in charge of international affairs and sales and marketing, reporting directly to the Chairman of Modern Land. Mr. Qiao served on the Board of Modern Mobile Internet Green Real Estate Co., Ltd, initiating, implementing and beta-testing the first crowd funding platform in China, achieving extraordinarily record breaking fundraisers. Mr. Qiao has held numerous positions throughout his career at Modern Land, including Assistant to the President of Modern Land in March 2005, promoted to Business Development Supervisor in August 2006, General Manager of the subsidiary Shanxi Modern Green Company in June 2008, and General Manager of the subsidiary North China Regional Company in January 2013.

Mr. Qiao holds a degree in International Finance from Dalian University of Technology and a graduate degree in Management from the Carleton University.

Ying Li
Managing Director and Investment Committee Member
Mr. Li is a Managing Director of AMG Capital and member of the Investment Committee. He has more than ten years of finance experience and has spent the last five years focused on financial management, investment and financing in the real estate industry.

Mr. Li is also Director of Finance for Modern Land where he played a key role in both the initial public offering of the company on the Hong Kong stock exchange and the issuing of RMB 2.7 billion of offshore bonds. He is also a member of Modern Land’s Investment Committee and has participated in the approval process for more than 50 projects in China, including more than 10 acquisitions.

Bin Wan
Vice President, Finance and Investment Committee Member
Mr. Wan is Vice President, Finance of AMG Capital and member of the Investment Committee. He is in charge of corporate finance, treasury and capital fundraising for AMG Capital and reports directly to Chairman Zhang, the Chairman of Modern Land.

Mr. Wan serves as Chief Financial Officer of Modern Investment Group (Canada) Co. Limited, where he directs development projects in Vancouver. He also serves as Vice President, North America for Modern Land.

Mr. Wan holds a B.B.A. in Finance from the Beedie School of Business at Simon Fraser University in Burnaby, British Columbia.

Nina Li
Director, Investor Relations
Ms. Li is Director, Investor Relations of AMG Capital and is responsible for investor relations and reporting. She is highly experienced in many capacities of corporate finance, analytics and international real estate development.

Ms. Li is also General Manager of Crown Point Regional Center, a subsidiary of Modern Land, where she directs fundraising and management for an EB-5 investment platform. Prior to joining Modern Land, Ms. Li served as Case Manager for the Global Law Group in Pasadena, CA, where she was responsible for multiple types of legal cases and preparing capital sourcing documents, including business plans, economic reports and legal documents related to international investments.

Ms. Li holds a M.S. in Engineering, specializing in software data analysis and consulting, from Peking University in Beijing, China. She also holds a Master of Public Policy and Management from the University of Southern California in Los Angeles, CA.

Ethan Jordan
Financial Analyst
Mr. Jordan is a Financial Analyst of AMG Capital and is responsible for supporting acquisitions and investment management. He provides support in financial underwriting, due diligence, market and feasibility analysis, and sponsor evaluations for acquisitions, developments and joint-venture opportunities.

Mr. Jordan previously worked for Altus Group, a commercial real estate consulting and valuation firm. While at Altus Group, he managed quarterly valuation models, performed acquisition analysis, and provided valuable market research used to make key decisions to influence the long term success of real estate portfolios.

Mr. Jordan obtained a B.B.A. in Finance from the Rawls College of Business at Texas Tech University.



Contact Us

AMG Capital

5075 Westheimer Road
Suite 1150
Houston, TX 77056
Office:(713) 333-4664
Email:info@amg-cap.com