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(MoneyNewsWire.Net, November 01, 2014 ) Dallas, Texas – The Horizon Companies, an organization that is focused on the development of multifamily residential properties, has reportedly established plans to build and manage multifamily residential housing in various targeted areas. Now, Preston Byrd, Horizon's managing partner has offered clarification on the selection process for choosing development locations.
“Horizon is a for-profit business, but we have also found the right formula for not only creating value, but for also serving a crucial need in local communities,” said Preston Byrd. “While it is important to generate consistent revenue streams, it is also our mandate to provide a valuable and needed service to the people who reside in the properties that we build and manage, And we must do this in a manner that is beneficial and affordable.” Recently the company released a statement concerning their plans to spend upwards of $40M on all new multifamily housing.
“Deciding where we build and/or operate properties is a simple matter when it comes down to it,” said Byrd. “We have to be able to add value and enrichment to all concerned parties. This means competitive returns to investors, cost reduction & operational efficiency for property owners, and quality affordable housing for tenants. We consider ourselves masters at maintaining the perfect balance.”
About Horizon:
Horizon Companies is gearing up to develop $40M in new construction multi-family housing lead by Preston Byrd. These new developments are expected to begin In February of 2015 and should be completed by January 2016. These new developments will bring new and affordable housing to upcoming growing markets. Affordable multifamily housing is one of the most under-served markets in the country. It is defined as rental housing that is priced below comparable market rate in the rental housing segment.
About Preston Byrd:
Preston believes that the goal of strategy is to enable yourself to consistently make core directional choices that will best move your business toward your desired future. With his diverse experience, he is now able to counsel other entrepreneurs, bringing a fresh perspective to start-up and growing companies in a wide variety of industries.
Community involvement has been at the heart of the businesses Preston has built. He gives back, and encourages future leaders and new business owners to do the same. Preston speaks, consults, and mentors on the topics of entrepreneurship and leadership. Connect with him at: https://www.xing.com/profile/Preston_Byrd to learn more.
Contact:
Connie Glover
connie@cmariemarketing.com
http://activerain.trulia.com/profile/prestonbyrd
214-459-3288
Preston Byrd
Connie Glover
214-459-3288
connie@cmariemarketing.com
Source: EmailWire.Com 
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