Business Details
22 Years
experience
Trusted Real Estate Investment Solutions in San Antonio
Windmill Investments is a private real estate investment company specializing in identifying undervalued or under-performing properties with strong growth potential. Our approach combines proprietary analysis techniques with a deep understanding of market dynamics to target regions offering low purchase prices and rental growth opportunities. We focus on single-family homes, multifamily apartment complexes, and commercial offices, leveraging our extensive network to acquire properties off-market or through direct owner negotiations. As value-added investors, we minimize overhead while implementing strategic capital improvementssuch as curb appeal enhancements, interior upgrades, and structural repairsto maximize returns. Our success is built on a core team with over a century of combined real estate experience, rigorous investment underwriting processes, and a commitment to aligning the interests of general and limited partners.Since our founding in 2004, we have grown from a $10 million portfolio to nearly $150 million, consistently outperforming market benchmarks while maintaining transparency and trust with our investors. Our philosophy prioritizes performance-based compensation over high upfront fees, ensuring our success is directly tied to investor returns. Through diligent risk mitigation and active asset management, we deliver both current operational income and long-term capital appreciation. Our track record includes navigating economic downturns successfully, capitalizing on market opportunities in 2009, and maintaining strong rental demand across our portfolio. We remain dedicated to fostering open relationships with investors while pursuing strategic acquisitions in markets poised for growth.
Services
Real Estate Investment
Property Management
Portfolio Analysis
Market Analysis
Asset Repositioning
Details
- Year established: 2004
Highlights and features
- We have over 100 years of combined real estate experience managing private investments.
- Our team provides early access to off-market investment opportunities through a strong network.
- We align interests with investors through success-based compensation, not high upfront fees.
- Our rigorous process identifies, underwrites, and manages investments for maximum returns.
- We offer streamlined oversight and reporting for transparent investor partnerships.
Services
Real Estate Investment
We specialize in acquiring undervalued or under-performing properties with strong growth potential. Our approach combines proprietary market analysis with strategic capital improvements to maximize returns. By focusing on regions with stable rental income and future growth, we minimize risk while delivering both current operational income and long-term capital appreciation for investors.
Property Management
Our team oversees property operations to enhance resident satisfaction and increase asset value. We work closely with on-site management teams to implement improvements that reduce turnover, boost occupancy, and improve community reputation. This hands-on approach ensures properties remain competitive in their markets while maximizing returns for investors.
Portfolio Analysis
We use advanced analytical tools to evaluate markets and neighborhoods for optimal investment opportunities. Our process identifies areas with low purchase prices and high rental growth potential, ensuring strategic acquisitions. This data-driven approach allows us to build portfolios that balance current income with future appreciation while mitigating market risks.
Asset Repositioning
We implement targeted improvements to enhance property performance, including interior upgrades, deferred maintenance repairs, and structural enhancements. These strategic interventions increase rental income and resale value while maintaining cost efficiency. Our focus on value-added opportunities ensures maximum returns through both operational improvements and market timing.
Investor Partnerships
We prioritize transparent, trust-based relationships with investors through performance-driven compensation models. Our alignment of interests ensures investors receive preferred returns before any management fees. Regular reporting and open communication maintain accountability, while our low-fee structure prioritizes long-term partnership success over short-term gains.
People
Daniel Carter
Founder & CEO
Daniel has over 35 years of real estate and entrepreneurial experience, including founding a technology company and managing 2,000+ residential/commercial units. He holds a Computer Science degree from Oregon State University and previously served as CEO of International Software Products before joining Windmill Investments in 2004.
Rob Cook
Financial Director
Rob brings 10 years of financial management experience with expertise in HUD, tax credit, and commercial financing. A CPA with an MBA in Finance from Santa Clara University, he has led corporate turnarounds for companies with $40M-$100M revenues and specializes in optimizing operational performance metrics.
Jasmyne Zebdeh
Asset Manager
Jasmyne has 14+ years of property management experience focusing on distressed asset repositioning. She specializes in financial management, compliance with Tax Credit/HUD programs, and union staff supervision. She studied Business Administration at the University of Jordan and previously taught at Jordanian Canadian College.
Julien Collin
Investment Analyst
Julien holds dual master's degrees in Real Estate Finance & Finance from the University of Amsterdam. He joined Windmill in 2016 after roles at Meijer Realty Partners and experience with sustainable development projects in France. His expertise includes financial modeling and investment reporting.
Questions
What types of properties does Windmill Investments focus on?
We specialize in single-family homes, multifamily apartment complexes, and commercial offices with undervalued potential in markets poised for growth.
How does Windmill mitigate investment risks?
We use proprietary market analysis, conservative underwriting, and value-added improvements while targeting cash-positive properties in stable rental markets.
What is Windmill's fee structure for investors?
We charge minimal upfront fees and only collect performance-based compensation after investors receive their preferred returns and capital repayment.
How does Windmill select investment markets?
We analyze regions with low purchase prices, strong rental demand, and growth potential using data-driven tools and decades of market experience.
What value-added strategies does Windmill employ?
We implement interior upgrades, deferred maintenance repairs, and structural improvements to increase rental income and property resale value efficiently.
How does Windmill maintain investor transparency?
We provide regular performance evaluations, align interests through success-based compensation, and maintain open communication channels with all partners.
