Rausch Commits $100M to Partnership With Texas Real Estate Investment Firm Crowe Capital

John Rausch (Michael Woods)

Rausch Companies of Fayetteville on Thursday announced that Chairman and CEO John Rausch had committed $100 million to a partnership with real estate investment firm Crowe Capital of Austin, Texas.

The partnership, called Missio Capital, aims to bring together the real estate investment and development experience of both organizations. Missio will target multifamily and other income-producing asset classes, the companies said in a news release. The focus will be on “newer vintage acquisition opportunities” priced below replacement cost. Missio will also pursue sponsor investments.

Crowe Capital is led by founder and managing partner G. Nelson Crowe III. Before starting the firm, he was a principal at Endeavor Real Estate Group of Austin, Texas, where he started and led the company’s multifamily acquisition and development platform.

Prior to joining Endeavor in 2016, Nelson spent eight years at publicly traded Forestar Group Inc. of Arlington, Texas, where he a was founding member of the company’s multifamily group.

​”Our strong local relationships allow us to source off-market opportunities that achieve superior returns relative to the market,” Crowe said in the release. “Our investment proficiency, coupled with Mr. Rausch’s expertise in residential development, substantial balance sheet, and his family of companies that provide complementary business lines, create an unmatched ability to turn opportunity into reality.”

Missio is Rausch’s first major venture since the sale of Rausch Coleman Homes, which publicly traded Lennar Corp. of Miami, Florida, recently purchased in a deal valued at more than $1 billion.

“For two decades, I have watched Mr. Crowe cultivate a number of successful investment opportunities,” Rausch said. “Together, we are committed to delivering strategic value to our capital partners and to our communities, which are in desperate need of quality, attainable housing that residents are proud to call home. We look forward to targeting investment opportunities throughout the Southeast and Texas.”