John Leggett, CEO of Leggett Ventures, and Brad Elmore, former senior vice president at Newquest Properties, have formed a new commercial real estate investment firm, NewFound Partners (NFP). The new venture, headquartered in Houston, develops and invests in traditional commercial real estate classes, as well as power and renewable assets across the country.
“After six years of working together on a variety of real estate investment projects, we’re excited to make it official with the formation of NewFound Partners,” said Leggett. “Leggett Ventures has been an active player in real estate and energy investment over the last decade, and the formation of NFP allows us to expand our footprint in commercial real estate assets.”
NewFound Partners actively invests in ground-up development opportunities and income-producing properties in high-growth markets. NFP’s portfolio currently spans office, hospitality, industrial, retail, multifamily and mixed-use properti
