Engineering Successful Developments: The Process Behind Building a Development Firm with TJ Moore – Ep. 43

31/03/2021 49 min Temporada 2 Episodio 43

Listen "Engineering Successful Developments: The Process Behind Building a Development Firm with TJ Moore – Ep. 43"

Episode Synopsis

[email protected]



Facebook-f


Twitter


Linkedin


Instagram


Engineering Successful Developments: The Process Behind Building a Development Firm with TJ Moore – Ep. 43
About the Guest
Another amazing episode of the show is coming your way! I am excited to share this next conversation with all of you. TJ is a Partner and President of ECM Development in Arlington, Texas. Born and raised in Arlington Texas, TJ Moore is a civil engineer who fell in love with land development. After getting his undergraduate degree in civil engineering from the University of Texas at Arlington, TJ worked for Graham Associates Engineering where he designed over 3,000 residential lots and several multifamily developments. He then decided to pursue a career in land development with David Weekley Homes. There he gained experience and cultivated his passion developing over 1,100 lots, specializing in high-density urban infill. In early 2019, TJ created his own development company, ECM Development.
The guiding philosophy for ECM Development is to design and construct high-quality communities that create value, provide homes for a diverse population, and exceed every expectation of project stakeholders. They aim to achieve superior returns for their investors while mitigating the risk with a diversified portfolio of projects ranging from fee simple lot development to single-family rental communities. Every day they strive to live out their mission of creating value to restore hope by knowing Him and making Him known.
In this episode, we are going to discuss the lessons TJ learned in transitioning from an engineer to founder of a real estate development firm, the role of single-family for-rent developments in commercial real estate, and the ways that ECM diversifies itself from the competition and other asset types. There is loads of great information in this episode and I greatly appreciated TJ for taking the time out of his extremely busy schedule to discuss this topic of single-family rental real estate development with me.



As always, if you have enjoyed the show, please subscribe to the show and share it with your friends in the industry. There will be more exciting conversations on the shows to come.
Main Take-Away’s From This Show
This was another really fun episode to record. TJ has an interesting, but not all to unique, background in Civil Engineering. He took that understanding in the horizontal realm of development and built on it by learning about debt, equity, vertical construction, and so much more. He noticed a real need in the community to provide for-rent single-family developments to the DFW metroplex. TJ decided to take a leap of faith and founded ECM Development in 2019 to fill this need. There were so many great talking points that TJ shared throughout the discussion, so it is hard to just pick three for my main take-away’s this week. The following main topics of the show come from an understanding in the real estate development processes that TJ possesses.

It’s about the WHO, not the WHAT.
Single Family For-Rent Developments Provide Another Alternative to Traditional Multifamily Developments.
Creating Processes in Real Estate Development is Absolutely Crucial.

As always, I will dig into each of these “take-away’s” every week on the blog. So, without further a due, here we go!

It’s about the WHO, not the WHAT.         
Real estate development is a people-business, plain and simple. TJ recognized this early in his career and lived by the principle of “It’s about the WHO not the WHAT” in all of the practices relating to his business. The beauty of this statement is in its simplicity. TJ has used this guiding principle successfully in steering his company closer to ECM’s Mission Statement every day.

More episodes of the podcast The Placemaking Podcast