About Us
Pride of Austin Capital Partners, LLC is your direct hard money lender for commercial and residential properties. We provide equity based lending for real estate property and borrowers who do not meet the stringent requirements of conventional underwriting guidelines. Our excellent reputation has been built on our ability to provide financing solutions for borrowers who have come across challenging times and are in need of creative financing solutions.
Pride of Austin Capital Partners, LLC manages Pride of Austin High Yield Fund 1, LLC. Our commitment is to provide flexible solutions to each borrower’s unique or difficult financing requirements. This is where we excel, providing the experience, determination, hard work, and a clear understanding of the unique needs of the borrower and the unique character of each loan submission.
Pride of Austin Capital Partners, LLC brokers loans that cannot be funded through Pride of Austin High Yield Fund 1, LLC to other fund managers, hard money funds and equity funds in our network of lenders. We are proud to be a continuing member and supporter of the American Association of Private Lenders, an association of fund managers, direct lenders and brokers.
Meet The Team
David F Owen, Managing Partner
Mr. David Owen, age 56, is an 8th generation Texan who knows his market well in Central Texas. A multi-degreed professional with completed studies at University of North Texas, Sacred Heart School of Theology, Marquette University and University of Texas at Austin, David is one of Austin’s leading real estate professionals and is focused on providing the highest quality real estate representation possible to investors as well as buyers and sellers. A high achiever all of his life, David has accrued leadership skills that have given him insight into how to manage successful businesses. He is the visionary founder of the Pride of Austin family of companies: Pride of Austin Capital Partners, LLC, Pride of Austin Homes, LLC and, Pride of Austin Realty, LLC.
Mr. Owen is among the top one percent of real estate professionals in all of Central Texas and has been for years. He earned this status because he shows ordinary folks how they can earn extra income and tax benefits through acquiring real estate; investments that will help them retire sooner than they ever dreamed possible. David knows Central Texas. He knows the products and trends. He knows value; both perceived and real. He knows its buyers and sellers. He knows its builders and developers. He knows his contemporaries in the industry, including title companies, mortgage professionals, lenders, real estate investors, architects and the like. David is respected by all because they know David knows his business – and theirs.
Mr. Owen is involved in many community activities offering his time and resources to help others as well as volunteering for a number of non-profit organizations in Austin. He is a prolific fund-raiser for non-profit organizations. David has been a mentor to many young entrepreneurs and college students throughout his career. His hobbies include golf, whitewater rafting, rowing and taking his Labrador, Jessie, on long hikes along the Colorado River or Lady Bird Lake in Austin.
Robert J Buchanan, Managing Partner
Mr. Robert J. Buchanan, age 35, and his wife Drew are enjoying their first child, Carson, born February 2009. He has been President of Pride of Austin Home, LLC, a real estate development and construction company using cutting edge technology in all his projects since May 2007. His duties include supervising construction superintendents, marketing, investor relations, and financing. Mr. Buchanan is also a partner in Pride of Austin Realty, LLC. His duties include marketing and finance.
After graduating from Auburn University with a BBA in Accounting and a minor in Finance, Mr. Buchanan moved to Princeton, NJ and began his career as an Auditor for Arthur Anderson. He audited major companies in all sectors of business and oversaw a team of auditors as a Manager. After several years in the accounting and finance industry Mr. Buchanan continued his formal education as a student in the MBA program at University of Texas in Austin. While enrolled at UT Austin he completed an internship at Avera Development, a residential and commercial real estate development company in Austin.
Mr. Buchanan is a college football enthusiast, enjoys NASCAR, and plays a good round of golf. He is very connected with the energy that is Austin and enjoys the live music scene as well as takes advantage of the numerous parks and lakes in the area while taking his Labrador, Cash, on long hikes or swimming in Lady Bird Lake or Lake Austin.
Comments
Please send me contact info so I can have correspondence with someone in your commercial lending group.
Thank you,
Scott Hall
Hi Anthony,
We will consider construction loans. It depends on the project, its potential, location and the strength of teh borrower.
David
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