McAlister Investment Real Estate is an independent investment firm focused on strategic acquisition of undeveloped and underutilized land parcels in the greater metropolitan markets of Texas and the Southern United States. Founded in 1973, the McAlister family of companies established single-asset partnerships to acquire land parcels in the path of growth for single-family and multi-family residential, retail, and mixed-use commercial growth in the greater Houston area as investments. In 2003, McAlister expanded its platform from single-asset partnerships to discretionary real estate investment funds acquiring multiple investment properties in order to achieve the benefits of diversification and cash flow to investors. McAlister Investment Real Estate focuses on staying ahead of market area trends and conditions to better inform our partners while creating the best returns possible. McAlister Investment Real Estate and its predecessor partnerships have managed over $1 Billion in land transactions over the past 40+ years. The fundamentally sound and sustainable performance of the Funds and partnerships through multiple economic cycles reinforces the time-tested strategy of utilizing land investment as a tactical asset allocation in a well-diversified portfolio.