Clear thinking, long-term vision,
and unparalleled interpersonal relationships.

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our vision

People and relationships are the engine that drive value creation.
They are the only two sustainable competitive advantages that exist.

CAPITAL

Appropriate capitalization is critical to withstanding market disruptions.

PEOPLE

Talented people are able to attract strong capital partners and uncover unique deals.

DEALS

Identifying opportunities to create value through leveraging expertise is the lifeblood of development.

What we do

We are thematic investors seeking opportunistic returns by leveraging our unique skillsets. We thoughtfully pursue deals where value can be created through the entitlement process.

Residential land development is Aspen Grove’s first love. Our primary strategy is working with long-time landowners to optimize their land’s entitlements and value thereby allowing them to achieve an attractive exit from their land. We are focused on opportunities in Texas’s growth markets that have multiple potential exit strategies. We capitalize each deal conservatively to minimize volatility and be well positioned in a variety of market conditions.

WHO WE ARE

Committed to Creating Lifelong Relationships

Dallas based Aspen Grove Realty leverages a combined 20+years of industry experience by providing
a problem-solving approach to enhance a community’s quality of life.
Dallas based Aspen Grove Realty leverages a combined 20+years of industry experience by providing a problem-solving approach to enhance a community’s quality of life.

Richard Byrd

Founder

Richard Byrd

Founder
View Bio

Jack Campbell

Partner

Jack Campbell

Partner
View Bio

Thomas Frierson

Partner

Thomas Frierson

Partner
View Bio

our partners

We manage multiple stakeholders and balance differing interest to achieve quality outcomes that leave all parties satisfied.

Our residential developments aim to bring together homebuilders, residents , investors, landowners and local municipalities to deliver projects that leave a positive lasting impact on the community. All of these parties have varied goals, but each one is essential for a project’s success.
At a project’s end, Aspen Grove’s aim is to leave every stakeholder in a better position than when they first came in contact with Aspen Grove.
This leads to repeat business and lasting relationships – the essence of the Aspen Grove vision.

contact

We’d love to hear from you!

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Richard Byrd

Founder

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Richard Byrd has 10+ years of real estate experience working across a variety of asset classes including residential communities, self-storage, multifamily, and retail. He has led investments in property and portfolio acquisitions as well as ground-up developments. These investments span more than 30 projects and $350 million in total capital. Richard recently founded Aspen Grove Realty, which focuses on residential developments in the sunbelt region. Prior to that Richard spent 8 years as a development partner with Provident Realty Advisors. Before transitioning into commercial real estate, Richard taught in Dallas ISD as a member of Teach for America. He received an MBA from Southern Methodist University and a BBA at the University of Alabama.

Jack Campbell

Partner

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Jack spearheads Aspen Grove’s land acquisition strategy & plays a key role in project execution. He brings six years of development experience to the table, having played a hand in residential, retail, industrial, and data center projects across the state. Prior to entering the real estate industry, Jack graduated from Texas A&M with a degree in Molecular Biology. Although he has traded in his lab coat for a hard hat, he still aims to bring an innovative, evidence-based approach to everything he does. When he’s not at work, Jack enjoys volunteering at the Bridge Lacrosse Club & the North Texas Food Bank.

Thomas Frierson

Partner

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In his current role, Thomas helps lead land acquisitions and execution of residential lot developments. Prior to joining Aspen Grove, Thomas spent 10 years successfully building and exiting a restaurant equipment manufacturing company. As Vice President with Ellis Fibre USA, he focused on product development, manufacturing, logistics and business development. He was instrumental in contract negotiations, due diligence, and the profitable disposition of the business. Thomas earned his BBA from The University of Alabama and his M.B.A with a focus in Finance from Southern Methodist University.