HOUSTON–Modern Land (China) Co. Limited is pleased to announce the formation of AMG Capital, LLC, a U.S.-based affiliate company formed by Chairman Lei Zhang and John Landrum, the CEO. AMG Capital is headquartered in Houston, Texas along with other Modern Land affiliates, American Modern Green Development and Crown Point Regional Center. Modern Land also has a real estate development affiliate, Modern Investment Group (Canada) Co. Limited headquartered in Vancouver, British Columbia, Canada.
Modern Land Founder and Chairman and AMG Capital Co-Founder Lei Zhang said, “The formation of AMG Capital LLC is another step in Modern Land’s commitment to invest in quality U.S. real estate with our existing clients from China. We believe that our team has the experience, the focus, a disciplined strategy and the commitment to be very successful.”
AMG Capital was formed to invest in high quality U.S. real estate assets, specifically “Class A” quality, urban multi-family developments in high growth cities that are experiencing exceptional job and population growth. The firm is staffed with highly experienced U.S. real estate professionals with expertise in the U.S. and international real estate markets. The North American leadership team of John Landrum, Tingfu Qiao, Scott Butterfield, Bin Wan, Nina Li and Ethan Jordan have extensive real estate investment and development experience. The team will provide the sourcing and underwriting expertise for its investments on behalf of the firm. Managing Director Ying Li is based in Beijing and is a member of the Investment Committee which collectively has over 100 years of real estate investment experience.
The U.S. economy has experienced consistent growth since 2009. This economic growth creates jobs that drive demand for multi-family rental projects. AMG Capital is focused on markets that are experiencing high job growth and population growth, such as Houston, Dallas, Austin, Seattle, Denver, Orlando, Phoenix and Atlanta. It also invests in supply constrained markets like New York City, San Francisco, Los Angeles, Boston and Washington, D.C. Additionally, multi-family investments have out-performed all other real estate asset classes in the U.S. for six of the past seven years.
AMG Capital’s management team has long standing relationships with the top developers in the U.S. and will utilize those relationships to build its investment portfolio.
AMG Capital is committed to invest in new developments along with its investment partners which include institutional investors and high net worth investors from both the People’s Republic of China and Hong Kong.
AMG Capital, LLC (AMGC) is a Houston-based real estate investment and fund management firm that invests in opportunistic commercial real estate developments and investments with highly qualified developers. AMGC was founded in 2015 by seasoned real estate professionals with global investment and development experience of more than $16 billion USD of commercial real estate transactions. www.amg-cap.com
