One of Houston Texas’ premier providers of multifamily real estate investment and operation

About Preferred Communities

Preferred Communities is one of Texas’ premier providers of multifamily real estate investment and operation. The company is part of a family of companies involving two of Houston’s most respected investment groups: Legacy Trust, N.A. and Highland Resources, Inc.

multifamily real estate Legacy Trust, N.A. (Legacy) is a $1.5 billion, nationally chartered, private trust company which was originally founded as the private trust company office for the Cullen family. Legacy currently owns approximately $100 million in real estate investments. Over the last 20 years, Legacy has invested in over $500 million of real estate. The trust is professionally managed, including officers with many years of experience in real estate.

Highland Resources, Inc. (Highland) was founded in 1939 by Herman and George Brown, the founder of Brown & Root Construction. Highland has accumulated and owns in excess of 35,000 acres of land, six million square feet of industrial space, three office buildings, five shopping centers, and is developing six different tracts of land in Texas (Austin and Houston), Oklahoma, and Louisiana for residential lots (approximately 2,500 residential lots). Currently, Highland owns in excess of $150 million in real estate assets.

Legacy and Highland provide additional depth to Preferred’s investment team. This combination of local knowledge, financial strength, and real estate experience, significantly enhances the capabilities of Preferred Communities.


	About Preferred Communities Preferred Communities is one of Texas’ premier providers of multifamily real estate investment and operation. The company is part of a family of companies involving two of Houston’s most respected investment groups: Legacy Trust, N.A. and Highland Resources, Inc. Legacy Trust, N.A. (Legacy) is a $1.5 billion, nationally chartered, private trust company which was originally founded as the private trust company office for the Cullen family. Legacy currently owns approximately $100 million in real estate investments. Over the last 20 years, Legacy has invested in over $500 million of real estate. The trust is professionally managed, including officers with many years of experience in real estate. Highland Resources, Inc. (Highland) was founded in 1939 by Herman and George Brown, the founder of Brown & Root Construction. Highland has accumulated and owns in excess of 35,000 acres of land, six million square feet of industrial space, three office buildings, five shopping centers, and is developing six different tracts of land in Texas (Austin and Houston), Oklahoma, and Louisiana for residential lots (approximately 2,500 residential lots). Currently, Highland owns in excess of $150 million in real estate assets. Legacy and Highland provide additional depth to Preferred’s investment team. This combination of local knowledge, financial strength, and real estate experience, significantly enhances the capabilities of Preferred Communities.