PHILIP A. MCRAE
Chief Executive Officer
Philip A. McRae is the Chief Executive Officer of Treemont Partners. Mr. McRae has almost 30 years of experience serving in various leadership capacities in numerous industries for both privately held and publicly traded companies. Since 2013, Mr. McRae has overseen the daily operations of Treemont Partners focusing on its strategic investment strategy of premium branded Hospitality assets, Commercial Office and Multi-Family projects.
Prior to being Chief Executive Office of Treemont Partners, he served as President of Moody National Companies, a full-service commercial Real Estate firm with Realty, Mortgage, Management, Development, Insurance, Title and Equity Fund divisions, as well as, a Publically Registered Non Traded REIT and a captive Broker-Dealer. Moody National Companies owned almost $2 Billion of Real Estate; consisting of 67 premium branded Hospitality assets, 6 Commercial Office properties and 16 Multi-Family communities across the United States. Mr. McRae joined Moody National Companies in 2003 as president of the company when it had just 4 employees and no significant Real Estate holdings to facilitate its expansion from a small Mortgage banking firm into a large full-service Real Estate firm. During his tenure as president, the company grew to over 1,000 employees with offices in Houston, Austin, Dallas, San Diego and Beverly Hills. While at Moody National Companies, he was responsible for all facets of the daily operations of the company.
Prior to joining Moody National Companies in 2003, Mr. McRae was a Partner with Houston Partners Private Equity Group; a Venture Capital firm focused on Information Technology and Life Science investments. During his tenure at Houston Partners, Mr. McRae specialized in assisting companies through the expansion phase of their business model to achieve the desired investment objectives.
Prior to joining Houston Partners in 2000, Mr. McRae was the Senior Manager of Business Analysis for Interliant Inc., a publicly traded provider of managed application hosting, Web hosting, enhanced Internet, and professional consulting services. Mr. McRae joined the Interliant prior to their Initial Public Offering and participated in its rapid expansion during a period of unprecedented growth.
Prior to joining Interliant in 1999, Mr. McRae worked for Western Geophysical, one of the largest, publicly traded oilfield service companies in the world, as a Finance Manager from 1995 to 1999. While at Western Geophysical, he was responsible for the financial concerns for its Technology, Software Development and Research and Development divisions.
He began his career in 1992 at Owen Healthcare Inc. in its finance department, prior to its initial public offering, where he was responsible for creating and maintaining extensive financial forecasting models.
Mr. McRae received an MBA from the University of Houston in 1999 and a Bachelor of Business Administration degree in Finance from Texas Tech University in 1991.
He is married to Dr. Patricia Leonard who is an Allergy and Asthma doctor. Together, they have three children; Catherine (13), Caroline (11) and Andrew (8) and live in Hunters Creek Village in Houston, Texas.
Treemont Partners is a full service real estate firm committed to providing its investors a turn-key investment solution. Through its strategic relationships, Treemont Partners can source, develop, acquire, manage and dispose of Hospitality, Multi-Family or Commercial Office investments.
Every Battle is Won Before Its Fought
Treemont Partners understands that significant Due Diligence before an investment is made creates an environment to achieve abnormal returns by finding and exploiting market inefficiencies.
Respect the Equity
Treemont Partners understands the importance of being good stewards of every dollar invested in every partnership. Every day, Treemont Partners wakes up and goes to work for the people/equity who provide us the opportunity to do the work we love to do.
Its a Game of Inches
Treemont Partners understand that little things matter a lot in Real Estate Development. Details equals dollars. That is why Treemont Partners has assembled a team of highly skilled, talented industry experts to systematically oversee each phase of the development process.
Its All About The People
Treemont Partners understands that Management is not a Commodity, but a Competitive Advantage. Great people make great Real Estate ever better! We find great people, over communicate our vision, then create human systems to reinforce our vision and empower our people.
Image above is Philip McRae; CEO of Treemont Partners accepting Marriott's 2018 PROJECT OF THE YEAR Award for North America for the Fairfield Inn & Suites brand from Arne Sorenson; CEO of Marriott International.
Treemont Partners has created a series of partnerships to capitalize on market inefficiencies by understanding macro and micro trends within markets in all real estate segments.
HOME2 SUITES BY HILTON - LUBBOCK
The Home2 Suites by Hilton is an all suites hotel located in growth corridor of Lubbock at the Canyon West shopping center.
FAIRFIELD INN & SUITES BY MARRIOTT - LUBBOCK SOUTHWEST
Winner of Marriott's 2018 Project of the year for North America for the Fairfield Inn & Suites brand.
HAMPTON INN & SUITES - LUBBOCK UNIVERSITY / DOWNTOWN
Located across the street from Texas Tech University, this all custom Hampton Inn & Suites has extremely high quality interior design finishes and amenities: including a Bar and an expanded Outdoor Living Experience.
THE CARLTON HOUSE LUXURY STUDENT HOUSING
The Carlton House is a luxury pedestrian student housing project across the street from Texas Tech University.
KEEP RAISING THE STANDARD UNTIL YOU DON'T HAVE ANY COMPETITION
Treemont Partners Operating Methodology
Customer Satisfaction - Provide World Class Customer Service by exhibiting an unwavering commitment to excellence.
Seek, Train and Retain the best employees in the Commercial Real estate industry by providing them a Career, not just a job.
Focus on Increasing Revenue, Decreasing Expenses and Increasing Cashflow to be a good steward of the blessings bestowed upon us.
A FINAL THOUGHT FROM THE CEO
“My grandfather died a very successful man with a 6th grade education from a 1 room school house in Glen Flora, Texas. He did not know algebra, chemistry or physics, but what he did know is how to Work Harder and Work Smarter than anyone I have ever known. He used to tell me as a kid that "Common Sense and Hard Work will take you as far in this world as you want to go". Well, its not quite that simple anymore, but that principle has served as a defining theme throughout my life. Thank God for men like my grandfather!
Park Laureate Building
10000 Memorial Drive, Suite 480
Houston, Texas 77024 USA
1415 South Voss Road #110-94
Houston, Texas 77057 USA