Two lawyers learned real estate by fixing the properties other buyers avoided. Twenty-three years later, their Austin-based firm is applying the same control-every-step playbook to apartments, historic mills and a 4,000-capacity music venue.
After its first connected chargers stranded drivers and drew hate mail, Xeal spent two years moving the transaction off the cloud. The result is a real-estate-first charging business built for the place Wi-Fi goes to die: the parking garage.
The Indiana firm has turned apartment operations into an investment product for accredited investors. Its wager is simple: in private real estate, the unglamorous work between acquisition and exit matters as much as the deal itself.