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 the majority of his tenure at New Western. Under his tutelage, the company purchased over 12,000 distressed residential properties all over the United States, at a value of over $2 billion which made the company one of the largest homebuyers in the nation.

Now, Welker has entered into the multifamily market with the launch of Welker Properties, a fullyintegrated 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 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.

Besides being a renegade both in his business and personal life, Welker also gets an adrenaline rush from his philanthropic pursuits. He launched the Welker Foundation in 2017, 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.

Karen Collins

Vice President – Asset Management

A seasoned veteran in her field, Karen Collins’ expertise lends itself to the trailblazers at WP, and her twenty plus years of experience makes her an invaluable asset to the team. She started her Real Estate career in property management at Plano Residential Leasing and Management before making a switch over to Ebby Halliday. While working as a sales agent, she immersed herself in the niche market of bank-owned properties, where she developed her knack for the targeted area. “This is when Andrew and I first crossed paths [Welker was buying bank-owned listings/properties from Karen at the time] and it was kismet from there.” She accepted a position as Managing Broker for the retail division of a nationwide firm that Andrew founded. While there, Collins expanded the retail arm and successfully listed and sold properties in multiple states. In 2017, she formed her Real Estate brokerage, Karen Collins & Associates Realty. Then upon the launch of Welker Properties, it was a natural move for Collins to jump on board. Over the course of her career, Karen has overseen the rehabilitation, construction, and ongoing management of numerous single-family and multifamily projects.

As the Vice President – Asset Management Karen is responsible for the execution of asset business plans and strategies as well as directing and managing rehabilitation, analytical reporting, and all property management functions for the Welker Properties portfolio.

Melanie Hanna

Chief Financial Officer

Melanie joined Welker Properties in 2021, she is responsible for oversight of the accounting for all Welker Properties and it’s corporate entities. She has over 10 years of audit and assurance experience across multiple industries, specializing in real estate and construction. Prior to joining Welker Properties, Melanie was an Audit Manager at Deloitte & Touche where she led audits of multi-billion dollar, publicly traded corporations. Her experience ranges from SEC Financial Reporting, SOX Readiness, Internal Controls Testing & Process Transformation, to IPO Readiness. Melanie currently serves as Vice President of the Accounting & Finance Women’s Alliance – Dallas Chapter and Treasurer for a local Elementary PTO board. Melanie earned a Master’s of Business Administration and a Bachelor’s degree in accounting and information management from the University of Texas at Dallas and is a Certified Public Accountant (CPA).

David Hopkins

Vice President – Construction

As VP of Construction, David Hopkins is responsible for all in-house construction management functions of the company. He oversees third party design and construction drawings from the outset to ensure proper, efficient and effective construction methodology and implementation. Mr. Hopkins also maintains detailed construction budgets, schedules, and draws to ensure projects remain within or under budget, and on time. He has more than 10 years of professional real estate construction and management turn-key experience focused on Commercial & Multi-Family Development and Construction projects.

Hopkins’ 10+ years of experience include not only construction management, but also detailed construction estimating, outside sales, inside sales, sales management and training, new construction, remodeling and design and marketing. He also implements all major internal systems to include, CRM, Project Management Software, Estimating and Takeoff Software Solutions, and Pre-Construction Scheduling.

Khristi Sherrod

Project Manager

Originally from Arkansas, Khristi has a BA in Business Marketing, which she applied in over 10 years in the retail industry overseeing merchandising, sales, advertising, buying, and management.

Meticulous in her attention to detail and organization, Khristi plays an intricate role helping with day to day operations from scheduling, contracts, bookkeeping, HR, and more. With her background in retail, Khristi has a keen eye for design and trends and helps with overall design aesthetic on new builds and renovations. When not in the office or on a job site, Khristi loves to travel, spend time with friends and family, and explore the great outdoors.