Dennis McDaniel has been dedicated to value creation in investment real estate for over 30 years. Since 2008, McDaniel, individually and with private and institutional partners, has concentrated on:
In 1985 Mr. McDaniel founded Austin Fairchild Management Company, LLC as a real estate investment, development, and management company. In 1988 Mr. McDaniel co–founded Merit Texas Properties, LLC, a regional real estate investment and management company headquartered in Dallas, Texas, with properties in Texas and Oklahoma. Serving as President of Merit Texas Properties, AMO, Mr. McDaniel created the property management company and directed the acquisition, development, rehabilitation, and disposition of approximately 5,000 apartment units and 4,000,000 square feet of office and light industrial properties. In 1998, Merit Texas began developing new apartment communities in Texas and Oklahoma. Mr. McDaniel relocated to Austin in 1999, acquired the Littlefield and Scarbrough Buildings at Sixth and Congress with Merit Texas and became active in Austin civic and cultural activities. By 2008, Mr. McDaniel had sold all the apartment communities and all but two of the commercial properties sponsored by Merit Texas.
Mr. McDaniel’s education includes a B.S. in Economics from the University of Texas at Arlington and an MBA from Southern Methodist University. He spent four years with the United States Army, attaining the rank of Captain. Mr. McDaniel has three grown children and lives in Austin with his wife, Jill.