Rockhill Capital Investments merges with McKinney firm

Two North Texas real estate investment firms merged this week, after a year of negotiations.

Frisco-based Rockhill Capital & Investments and McKinney-based Horizon Capital Partners are now one company, the Dallas Business Journal reported. The merger will allow them to “target a wider range of real estate investments and bolster its development activity across the region,” according to a media release.

“We’ve worked closely with Horizon for many years as our strengths complement each other, so joining forces makes sense,” Ryan Griffin, principal at Rockhill, said in the release. “Most of our team grew up in and has a vested interest in the North Texas region. We understand the real estate opportunities and how special the next 10 years and beyond will be for the community we’re a part of, so we’re very much looking forward to increasing our capacity and participating in more developments.”

Combined as Rockhill Capital & Investments, the firm has more than $300 million in managed real estate assets.

Rockhill historically has focused on residential developments, while Horizon excels at securing financing and capital relationships for investment partners.

Horizon’s founders Dave Johnson and Mark Smith will serve as principals for Rockhill.

The firm is working on multiple residential communities, including the 675-acre Uptown Celina development; the mixed-use master-planned Heritage Ranch community, which will be built on 440 acres in Sherman; and the 5,000-home Oliver Creek Ranch project in New Fairview.

Last month, Dallas-based United Real Estate closed on its fifth merger of the year when it joined with Florida brokerage EXIT Real Estate Gallery. That merger added 400 agents to United’s network, bringing its total to 21,000 agents across 630 offices.

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