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Parallel Co.

Austin, TX 11–50 employees 2 principals

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Last updated 2d ago

About Parallel Co.

Parallel Co. is a real estate operator headquartered in Austin, TX. Parallel Co. operates in Atlanta, Georgia, Austin, Texas and Birmingham, Alabama. Its investment focus is on Car-light communities and Student Housing.

Parallel Co., founded in 2016, is a real estate development firm headquartered in Austin, Texas. The company specializes in urban infill projects, focusing on creating pedestrian-friendly, mixed-use developments. Parallel’s portfolio includes student housing and multifamily residential properties, primarily located in Texas and other urban centers. One notable example is their recent project in College Station, a 750-bed student housing development serving Texas A&M University. The company operates on a smaller scale, employing fewer than 10 people, but has made a significant impact with large developments. Their projects range from $16 million to $125 million in value, contributing to a growing urban landscape across various U.S. cities​.

Principals at Parallel Co.

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2 principals on file

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Recent activity at Parallel Co.

No recent signals captured for Parallel Co. yet. Set up a Signals alert to be notified when fund closes, leadership changes, or new developments surface in the trade press.

Parallel Co.'s project portfolio

No projects on file for Parallel Co. yet.

Markets and themes

Markets Parallel Co. operates in

  • Atlanta, Georgia
  • Austin, Texas
  • Birmingham, Alabama
  • Charlotte, North Carolina
  • College Station-Bryan, Texas
  • Columbus, Ohio
  • Eugene-Springfield, Oregon
  • Los Angeles, California (LA)
  • Orlando, Florida
  • Philadelphia-Camden-Wilmington, Pennsylvania-Delaware
  • Phoenix, Arizona

Investment themes at Parallel Co.

  • Car-light communities
  • Student Housing

Capabilities

  • Asset Management
  • Construction Management
  • High-Rise
  • Mixed Use
  • Private Equity
  • Site Development
  • Transit-oriented development
  • Urban infill

Operators similar to Parallel Co.

  • The Sports Facilities Companies
    Established tierPhiladelphia-Camden-Wilmington, Pennsylvania-DelawareLos Angeles, California (LA)+7 more markets
  • WMG Development
    Established tierAtlanta, GeorgiaOrlando, Florida+6 more markets
  • Capstone Communities
    Established tierAtlanta, GeorgiaCharlotte, North Carolina+5 more marketsStudent Housing
  • Asana Partners
    Established tierAtlanta, GeorgiaOrlando, Florida+5 more markets
  • IRA Capital
    Established tierAtlanta, GeorgiaAustin, Texas+4 more marketsStudent Housing
  • Johnson Development Associates
    Established tierAtlanta, GeorgiaOrlando, Florida+4 more markets
  • Pensam Capital
    Established tierAtlanta, GeorgiaOrlando, Florida+4 more markets
  • Westmount Realty Capital
    Established tierAtlanta, GeorgiaOrlando, Florida+4 more markets
  • Anchor Health Properties
    Established tierAtlanta, GeorgiaOrlando, Florida+4 more markets
  • Ascentris
    Established tierAtlanta, GeorgiaCharlotte, North Carolina+3 more marketsStudent Housing

Frequently asked questions about Parallel Co.

What does Parallel Co. do?
Parallel Co., founded in 2016, is a real estate development firm headquartered in Austin, Texas.
Where is Parallel Co. based?
Parallel Co. is headquartered in Austin, TX.
What markets does Parallel Co. operate in?
Parallel Co. is active in Atlanta, Georgia, Austin, Texas, Birmingham, Alabama, Charlotte, North Carolina, College Station-Bryan, Texas, and Columbus, Ohio.
How many employees does Parallel Co. have?
Parallel Co. has 11–50 employees.
Parallel Co. cover image

Parallel Co. at a glance

Tier
Established
Operator type
Developer, Owner
Headcount
11–50
Units owned
1,000-5,000
Units managed
1,000-5,000
Property mgmt
Self-Managed
Markets
11
Principals
2

Contact Parallel Co.

506 W. 7th Street, Suite 1, Austin, TX 78701, USA
www.parallel-co.com