Published on 08, Mar 2023

QC Capital Group Expands into Houston's Vibrant Medical District

Charlotte, NC - QC Capital Group, a privately held commercial real estate firm, has released details about its latest expansion into the medical district of Houston, Texas. Based in Charlotte, North Carolina, QC Capital focuses on the acquisition of multifamily real estate assets, and in 2022, expanded into San Antonio, Texas.

Based upon its success in that region, QC Capital is now preparing to finalize on the acquisition of a 224-unit apartment complex in Houston. The team at QC Capital felt that Houston was an optimal location for the company’s continued growth, for a number of reasons.

Strong Economy: Houston has a strong and diverse economy, with a thriving oil and gas industry, as well as a growing technology sector. The city also has a large number of multinational corporations, making it an ideal location for businesses looking to tap into the global market.

• Growing Population: Houston is one of the fastest-growing cities in the United States, with a population that is expected to continue to grow in the coming years. This growth provides a large pool of potential customers for businesses looking to expand into the area.
   
• Diverse Market: Houston is one of the most diverse cities in the United States, with a large and growing Hispanic population. This diversity provides a rich market for businesses looking to tap into a variety of cultural and ethnic groups.
   
• Affordable Cost of Living: Compared to other major cities in the United States, Houston has a relatively low cost of living, making it an attractive location for businesses looking to expand while keeping costs low.
   
• Strong Workforce: Houston has a highly skilled and motivated workforce, making it an ideal location for businesses looking to tap into a talented pool of employees. The city is also home to several top-ranked universities, providing a steady stream of highly educated workers for businesses to draw from.
   
• Strategic Location: Houston is strategically located near the Gulf of Mexico, providing easy access to international markets and ports. This makes it an ideal location for businesses looking to export goods and services globally.

QC Capital Group CEO and founder Chris Salerno shares that the decision to expand into the Houston area was based upon extensive research and propelled by the company’s recent growth in this sector. “We are looking at properties in quite a few new regions for us, including Florida, Georgia, North and South Carolina, Tennessee, and Texas,” he shares. “We have successfully exited multiple times and continue to investigate and assess potential new assets to present to our investors.”

Chris Salerno is a seasoned entrepreneur and investment manager with a proven track record of success in revitalizing businesses and increasing profitability. He launched his career in the residential brokerage sector, where he successfully brokered over $40 million in sales and played a key role in leading the top-performing real estate team in the Carolinas to generate over $140 million in yearly volume.

In 2019, Mr. Salerno established QC Capital and has since acquired more than $250 million worth of commercial real estate properties across the United States. As the CEO, he manages all aspects of the business and is responsible for determining the company's overall strategy and direction.

With numerous accolades to his name, including recognition as one of Charlotte's 30 under 30, Elite 50, and Elite 50 entrepreneurs, as well as being a nominee for Forbes 30 under 30, Mr. Salerno has earned a reputation for his tireless work ethic and unwavering dedication.

QC Capital Group is a private equity investment firm that specializes in the acquisition of institutional-quality multifamily assets in the southeast United States. The company was founded by Chris Salerno, a real estate entrepreneur and investment manager. The firm's goal is to identify and acquire top-performing assets and unlock additional value through focused asset management.

Website: https://www.qccapitalgroup.com/  

Contact: Chris Salerno at info@qccapitalgroup.com 

Facebook :https://www.facebook.com/qccapitalgroup/  

Instagram: https://www.instagram.com/qc_capital/?hl=en