Team
Austin Proper Residences Austin Proper Residences
GROWN FROM A HANDSHAKE
Austin Proper is the realization of creative individuals with a genuine taste for our flavor of worldly localism: Handel’s sculptural glass tower; interior designer Kelly Wearstler’s eye for bold fixtures and finishes; MML on the culinary pulse; and Proper Hospitality’s fresh approach to tailored service are only the beginning.
Interior Design
KELLY WEARSTLER
Global design visionary Kelly Wearstler is sought-after for her distinctive, soulful approach to residential living. Her signature juxtaposes raw and refined, celebrates color, and seamlessly blends diverse periods of furniture into an unexpected whole. Wearstler has revolutionized the look, feel and meaning of modern American design. Named to Architectural Digest’s preeminent Top 100 Architecture & Interior Design list, Wearstler and her work have been featured in Vogue, Elle Decor, Architectural Digest, Harper’s Bazaar, Elle, Conde Nast Traveler, Vanity Fair, Wall Street Journal and The New York Times.
Food and Beverage Partner
MML HOSPITALITY
Proper partnered with MML Hospitality to create the award-winning food & beverage concepts in the hotel, which are operated, managed and overseen by Proper Hospitality. Led by Austin locals Larry McGuire & Tom Moorman, the James Beard Award-nominated hospitality group is renowned for designing and operating some of Austin’s most distinctive culinary establishments: Clark’s Oyster Bar, Elizabeth Street Café, Josephine House, Lambert’s Downtown Barbecue, and more.
Hotel Concept & Management
PROPER HOSPITALITY
Proper Hospitality designs, brands, and operates high-end lifestyle hospitality experiences under the Proper, Hotel June and The Collective brands. Each property is a distinct reflection of the vibrant community surrounding it, yet shares a common belief in uncommon luxury, convenience of location, and world-class amenities provided by locally vetted innovators in food and beverage, technology, art, music, fashion and wellness.
Development
THE KOR GROUP
The Kor Group is an international real estate investment and management company with extensive holdings and development experience in commercial real estate properties. Since its inception in 1999, Kor has acquired and developed hospitality, residential, and office assets valued in excess of $3 billion. Central to Kor’s investment strategy is value creation through distinctive design and branding. By fusing creative design with an agile investment and development discipline, Kor has amassed a portfolio of high performing assets and has built a signature brand translatable across its properties.
Architecture
HANDEL ARCHITECTS LLP
Handel Architects LLP is an architecture, interior design, and planning firm that began in New York City in 1994. Handel Architects is working on projects across North America, South America, the Middle East, and Asia with more than 160 architects, interior designers, planners, and support staff from offices in New York City, San Francisco and Hong Kong. The firm has gained national and international recognition for the Dream Downtown Hotel in N.Y., the World Trade Center Memorial in N.Y., Millennium Tower in S.F., and the Ritz-Carlton Hotel in Washington, D.C. Handel Architect’s global practice focuses on urban issues centered around density and sustainability.
Development
TRAMMELL CROW (TCC)
One of the nation’s leading commercial real estate developers and investors since 1948, Trammell Crow Company has developed or acquired nearly 2,600 buildings valued at nearly $60 billion and over 540 million square feet. TCC serves users of and investors in office, industrial, retail, healthcare, and multi-family residential through operating subsidiary High Street Residential and mixed-use projects. TCC executes the development or acquisition of facilities tailored to meet clients’ needs. For investors, the company specializes in joint venture speculative development, acquisition/re-development ventures, build-to-suit development, or incentive-based fee development services.
Capital Partner
MERCHANT BANKING DIVISION OF GOLDMAN, SACHS & CO.
Goldman Sachs Merchant Banking Division (“MBD”) is the primary center for Goldman Sachs’ long-term principal investing activity. Established in 1991, the Real Estate Principal Investment Area within MBD has invested in real estate/real estate-related assets totaling approximately $99 billion in cost across more than 36,000 assets located in 35 countries. Investments span various product and investment types including office, retail, industrial, hospitality, and residential, acquiring real estate companies, real estate projects, loan portfolios, debt recapitalizations and direct property.
