Business Details
50+ Years
experience
Your Trusted Partner for Real Estate Development
At EMBREY, we embrace the nobility of creating spaces where people thrive. With over 50 years of experience, our vertically integrated approach spans development, construction, and management of luxury multifamily and commercial properties. Our commitment to exceptional design, meticulous attention to detail, and community integration defines our value proposition. Led by a seasoned executive team with decades of industry expertise, we partner with investors to deliver remarkable returns while prioritizing quality craftsmanship and resident satisfaction. Our track record includes over 50,000 residential units and 6 million square feet of commercial space across 11 states.We distinguish ourselves through transparent practices, long-standing subcontractor relationships, and competitive cost management. Our culture emphasizes doing the right thing, fostering innovation, and maintaining accountability at every project phase. Recognized for excellence in design and community impact, we continually invest in emerging leaders through educational initiatives. With operations in Texas, Arizona, Colorado, Florida, and beyond, our localized market expertise ensures tailored solutions for diverse communities.
Services
Real Estate Development
Property Management
Construction Services
Investment Opportunities
Multifamily Communities
Details
- Year established: 1974
Highlights and features
- 50 years of proven success in real estate development and management
- Seasoned executive team with decades of industry expertise
- Nationwide presence across 11 states with localized market knowledge
- Vertically integrated model ensures quality control at every project phase
- Recognized for design excellence and community integration
Services
Real Estate Development
We specialize in developing luxury multifamily communities and commercial properties across key markets. Our process includes strategic site selection, market analysis, and design that prioritizes resident experience. With over 50 years of expertise, we create value through innovative solutions tailored to local communities while maintaining national standards of excellence.
Property Management
Our management services cover over 14,400 units with a focus on operational efficiency and resident satisfaction. We employ seasoned professionals who apply proven strategies to lease-up, maintenance, and long-term value enhancement. Third-party clients benefit from our same rigorous standards and localized market expertise across multiple states.
Construction Services
We deliver high-quality construction through experienced teams and established subcontractor relationships. Our approach emphasizes cost efficiency, timely execution, and attention to detail across multifamily and commercial projects. With over $830 million in completed construction budgets, we ensure alignment with design specifications and investor expectations.
Investment Opportunities
We offer diverse investment options including limited partner funds, joint ventures, and land contributions. Our 10-year track record shows 25.8% average investor IRR with disciplined risk management. Institutional and private capital partners benefit from transparent reporting and collaborative strategies tailored to specific return requirements and market conditions.
Multifamily Communities
We develop and manage Class A multifamily properties ranging from garden-style to urban mid-rise. Our portfolio includes conventional apartments and innovative build-to-rent communities with modern amenities. Each project integrates smart design principles and sustainable practices to create living environments that meet evolving resident needs and market demands.
People
Walter M. Embrey, Jr.
Founder & Chairman
Founded EMBREY in 1974 after early career experience with major homebuilders. Led development of over 6,000 units in Texas markets before establishing the company's national footprint. Recognized for industry leadership and community contributions including the San Antonio Business Hall of Fame.
Trey Embrey
President & CEO
Serves as chief executive with responsibility for corporate strategy and investor relations. Joined EMBREY in 1992, held multiple leadership roles before becoming CEO in 2017. Recognized by San Antonio Business Journal for strategic market expansion and team development achievements.
Garrett Karam
Chief Investment Officer
Leads capital markets activities with $3 billion secured for 40+ developments. Previously held leadership roles at The Hanover Company and Southeast Venture. Holds advanced real estate credentials from Columbia University and University of Texas at Austin.
Helena Finley
Managing Director & Executive Vice President of Construction
Oversees all residential and commercial construction with 25+ years of multifamily experience. Previously led teams at Morgan Group Development and Post Properties. Completed 29 major projects totaling $830 million in construction budgets while maintaining high quality standards.
Allyson McKay
Managing Director & Executive Vice President of EMS
Manages over 45,000 multifamily units with expertise in lease-up strategies and third-party contracts. Former Senior Vice President at Lincoln Property Company. Certified Property Manager with leadership roles in multiple regional apartment associations.
Questions
What types of properties does EMBREY develop?
We specialize in luxury multifamily communities, commercial properties, and build-to-rent developments across 11 U.S. states.
How long has EMBREY been in business?
We've been creating exceptional spaces since 1974 with a 50-year track record of successful developments.
Do you offer property management services?
Yes, we manage over 14,400 units including third-party properties using our proven operational strategies.
What investment options are available?
We offer limited partner funds, joint ventures, co-investment opportunities, and land contribution partnerships for qualified investors.
Where are your properties located?
Our developments span Texas, Arizona, Colorado, Florida, Tennessee, North Carolina, and other key Sunbelt markets.
What distinguishes EMBREY from competitors?
Our vertically integrated model, 50-year track record, and executive team's deep expertise create unique value for investors and residents.
