Dallas-based Winchester Carlisle Companies, a holding company that invests in diversified real estate businesses across Texas, and the parent company of Ameritex Homes, Dunhill Homes, Carlisle Title, and Realty Commerce, has received a $35 million investment from a private capital provider.
“This newest capital investment allows us to refocus our efforts on the single-family for-sale business and expand our homebuilding operations into more markets across North and Central Texas,” Richard Dix, founder and CEO at Winchester Carlisle Companies, said in a statement.
Winchester Carlisle Companies said it has a long history in the construction of single-family and build-to-rent investment properties and holds more than $385 million of investments across a broad range of real estate assets, including more than 1,600 purpose-built single-family rental homes across Texas.
The company noted that Dallas-Fort Worth is among the fastest-growing metro areas in the country, and with that comes an unmet need for housing options for first-time home buyers and move-up buyers.
“We’re passionate about providing housing solutions for families at different stages of life across Texas with both our Ameritex Homes and our Dunhill Homes product lines,” Dix said. “There’s a lot of excitement about the potential interest rate drop. This is the right time for us to gear up to meet the pent-up demand across North and Central Texas.”
Winchester said that Dix was advised by Margaret Whelan with Florida-based Whelan Advisory.
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