The Paravest principals have been actively involved in real estate for more than 70 combined years. We have invested in, managed, developed and sold a vast array of asset types including: multi-family apartments, student housing, senior housing, retail, office, hotel, industrial and self-storage. Our management team brings deep industry insight to the investment process. As a result, we are able to quickly understand key issues, accurately assess opportunity, value and risk, and bring relevant information to bear. The culmination of this experience and insight is expressed through our investable platform across multiple asset classes.
Our name tells the story…
para / beside / adjacent to / parallel
vest / confer or bestow / to give
Our owners invest in every partnership along-side its Limited Partners assuring an alignment of interests.
Executive Managing Principal
Mr. Hopkins serves as Co-Managing Principal of Paravest Capital, LLC. Hopkins is responsible for the strategic vision of the company, investor client relationships, investment strategies and sourcing. He is an investment committee member with over 30 years of experience in real estate. Before co-founding Paravest, Mr. Hopkins spent 10 years as Chief Executive Officer of White Rock Commercial where he was responsible for directing all operations including real estate acquisitions and development, project planning and design, financing, construction and marketing. He was also directly responsible for the company's capital market relationships. Prior to White Rock Commercial, Mr. Hopkins spent seven years as Chief Financial Officer of INVESCO Real Estate where he was responsible for administering INVESCO's global expansion strategy. Prior to INVESCO, Hopkins spent 14 years with various divisions of the Trammell Crow organization. His experience with them included working with Trammell Crow Company, Crow Holdings, Wyndham Hotels and Resorts, and Trammell Crow Residential. Mr. Hopkins graduated from the University of Texas at Austin with a Bachelor of Business Administration degree in Finance.
Executive Managing PRincipal
Mr. Heath is a Co-Managing Principal of Paravest Capital, LLC. Heath is responsible for the strategic vision of the company, investment sourcing, and investor capital raising. Heath is an investment committee member. Mr. Heath has in excess of 25 years of real estate capital structure, finance, acquisition and asset management experience. Prior to co-founding Paravest, Heath was a partner and instrumental in the growth of a private equity real estate investment company based in Dallas, Texas (Phoenix Capital Partners). During Mr. Heath’s 15-year tenure there, he served as its Chief Financial Officer, responsible for coordinating the closing of all new investments, partnership negotiations, underwriting of new investments, and was a member of its investment committee. Prior to joining Phoenix Capital Partners, Mr. Heath began his real estate career in the commercial appraisal profession. During his nine-year tenure in appraisal, he performed appraisal and consulting work on a broad range of property types. Mr. Heath graduated from Baylor University with a Bachelor of Business Administration degree in Real Estate. Mr. Heath has held the MAI designation, a State of Texas appraisal license, and currently holds a State of Texas real estate license.
Director of Investor Relations
Mr. Falwell is Director of Investor Relations at Paravest Capital, LLC and is responsible for leading the development of investor and capital relationships, focusing on institutions, family offices and high net worth Individuals. Mr. Falwell has over 25 years of total experience, including developing and marketing residential and commercial real estate in Colorado for almost 10 years. During this time he raised equity and debt from institutions and individuals and oversaw all business operations for the projects. Prior to his experience in Colorado, he enjoyed working in the non-profit sector, traveling and working in over 35 countries focusing on fund raising, project management, donor communications and technology. Craig spent seven years trading long-term systematic market strategies he developed, raised funds for private equity ventures and has worked in various family holdings spanning utilities, real estate, restaurants and aviation. Mr. Falwell received a BBA from the College of William and Mary and his MBA from Regent University. He holds a commercial pilot license and enjoys flying whenever possible.
GERALD J FORD
Mr. Gerald J. Ford is one of the nation’s most accomplished financial services executives. He has acquired, managed, and sold banking businesses and other financial services companies for over 40 years. After growing Golden State Bancorp to be the third largest thrift in the United States, Mr. Ford, as its Chairman and CEO, sold the company to Citigroup in November 2002 for approximately $6 billion in stock. Currently, Mr. Ford is Chairman of the Board and largest shareholder in Hilltop Holdings Inc., whose principal holdings include Plains Capital Bank (sixth largest bank in Texas), Hilltop Securities (the largest full service broker-dealer in the southwest United States), PrimeLending (a nationwide mortgage originator) and National Lloyds Corporation (a property and casualty insurance company). In recent years Mr. Ford has executed similar investment strategies as Managing Member and principal investor in Ford Financial Fund II, L.P., a $750 million dollar private equity fund that invests in financial institutions. Mr. Ford is also the principal shareholder of First Acceptance Corporation, the non-executive Chairman of the Board of Freeport-McMoRan, Inc. and a director of Scientific Games Corporation and Mechanics Bank. He currently serves on the Board of Trustees of Southern Methodist University and is on the Executive Board of Dedman School of Law at S.M.U. Additionally, he serves as trustee of Southwestern Medical Foundation and Children’s Medical Foundation, and as a member of the Board of Overseers of Weill Medical College and Graduate School of Medical Sciences of Cornell University. Mr. Ford holds B.A. and J.D. degrees from S.M.U.