About

About

Expertise & Services

  • Value-Added Multifamily Acquisitions/Rehab/Development
  • Speculative & Build-to-Suit Development (Single Family & Multifamily)
  • Land Planning & Development
  • Joint Venture Development
  • Development Management & Consulting Services
  • Single Family Rehab/Development
  • In-House Construction & Construction Management
  • Design Services

Our Team

Andrew Welker

Founder and Chief Executive Officer

Founder and CEO of Welker Properties, Andrew Welker, is an avid adventurer—whether flying helicopters, captaining boats, advancing his scuba diving skills or fly fishing, he’s always looking for the next adrenaline rush. The same daring passion has been applied to Welker’s business life. He bought his first investment property at just 23-years-old, and in 2008, in the height of the recession, he became a founding partner at New Western Acquisitions, a Texas-based real estate firm that was ranked one of the top 10 fastest growing companies in Texas by the Dallas Business Journal. Welker led the charge in growing the company into one of the largest home buyers in the nation for over nine years, serving as CEO for seven years and COO in his last days at New Western. Under his tutelage, they purchased over 12,000 distressed residential properties all over the United States, at a value of over $2 billion.

Now, Welker is looking for the next challenge to sink his teeth into, graduating from single family homes to taking over the multifamily market with the launch of Welker Properties, a fully-integrated residential real estate development company located in Dallas, TX. The value-add company’s main focus is on the acquisition and rehab of underperforming Class B and C apartment buildings positioned in areas with strong market fundamentals with strong growth and upside potential. Welker looks to maintain an active role as both a GP and LP depending on the need of the various deals – whether they are local or across state lines.

The real estate tycoon has put down roots in the bustling and trendy Deep Ellum area, where his new office space sits right down the street from Deep Ellum Distillery, the popular spirits label co-founded by Welker, whose entrepreneurial tendencies have him looking for young start-ups to invest in.

Besides being a renegade both in his business and personal life, Welker also gets an adrenaline rush from his philanthropic pursuits. He has recently launched the Welker Foundation, a charity wherein all profits raised are donated to Habitat for Humanity.

J. Chad Edwards

Vice President Development/In-House Counsel

As VP of Development, Chad Edwards is responsible for the oversight and implementation of day to day development operations with a main focus toward our multifamily portfolio. Specific responsibilities include sourcing, underwriting, structuring, managing, and/or executing upon existing and/or new development and investment opportunities. He administers and/or assists in property acquisitions, market analysis, due diligence, financial analysis, product design, project financing, asset management, strategic planning, risk management, and attainment of entitlements and permits. He has more than 10 years of professional real estate development and management experience, which includes working for large national institutional-grade development companies.

Edwards has built over 1400 multifamily Class A apartment units as Development Associate in Orlando, FL for the Morgan Group; a Houston, TX based nationally recognized developer of luxury multifamily residences with offices nationwide. Edwards was actively involved in site selection/acquisition, market analysis, due diligence, financial analysis, entitlement approval and product design for $100 million dollar plus multifamily projects.

Edwards subsequently opened the Orlando Office as Development Manager for Higgins Development Partners; a Chicago based national Developer of Class A Office and Industrial Warehouse Distribution buildings. Specific responsibilities included the evaluation of potential development and acquisition opportunities through financial modeling, marketing analysis and detailed feasibility studies. Development responsibilities included managing the due diligence process, managing the leasing team and consultants, and implementing marketing plans.

Edwards graduated from Louisiana State University with a B.S. in Accounting in 1998. He earned his Juris Doctorate from California Western School of Law in San Diego, California in 2001 before receiving his L.L.M. in Real Property Development from the University of Miami in Miami, Florida in 2004. He is licensed to practice law in California, Louisiana, Florida and Texas. Chad was also a federal law clerk for the Chief Federal District Judge for the Western District of Louisiana.