REAL MILLIONS, REAL MOTIVATION
The student real estate experience at Texas McCombs is not theoretical. Through the John C. Goff Real Estate Investment Fund, we give student fund managers and analysts responsibility for a multi-million-dollar fund with real accountability.
The John C. Goff Real Estate Investment FundThe John C. Goff Real Estate Investment Fund enables MBA and undergraduate students to gain real-world experience in real estate investing. This multi-million dollar public-private real estate investment fund affords McCombs the distinction of being the only business school in the country where students have the opportunity to manage a fund with both public and private real estate investments.
About John C. GoffJohn C. Goff is a private investor based in Fort Worth, Texas. John invests in a variety of public and private industries, through his family office, Goff Capital, which he founded in 2009. Through John's vision and impactful support of the Texas Real Estate Center, McCombs continues to be ranked as one of the top real estate programs in the country.
John C. Goff is a highly successful private investor based in Fort Worth, Texas, with a diverse portfolio spanning public and private industries. He founded Goff Capital, his family office, in 2009, and has since made a name for himself as a savvy investor with a keen eye for identifying and capitalizing on lucrative opportunities.
In the early 1990s, John co-founded Crescent Real Estate with Richard Rainwater, playing a pivotal role in designing the company's strategy and orchestrating its acquisitions leading to its initial public offering (NYSE) in May 1994. As Vice Chairman and CEO, he led Crescent through a period of explosive growth, with the company's valuation soaring from $500 million at its IPO to $6.5 billion upon its sale to Morgan Stanley in August 2007. Under his leadership, Crescent provided its shareholders with a 15.4 percent compounded annual return and paid out more than $2.5 billion in cash dividends during its 13 years as a public company.
After reacquiring Crescent in partnership with Barclays Capital in November 2009, John purchased Barclays' interest in December 2017 to become the principal owner of Ritz-Carlton, Dallas, and Canyon Ranch, the world's leading health and wellness brand. With a remarkable track record of success and a reputation for astute investing, John C. Goff continues to be a leading figure in the world of private investment.
HOW WE DO IT IN TEXAS
Texas McCombs is the only business school in the country where students have the opportunity to manage a real estate investment fund with both public and private real estate investments. Select MBA students serve as equity managers, with undergraduates as analysts handling the fund's day-to-day operations.
Students participate in all aspects of the investment process, including underwriting and closing, asset management, and reporting, through the disposition of funds. Faculty members and an Advisory Board act as mentors and guide students in their investment underwriting and analysis; an outside Investment Committee continually oversees the fund performance.
Read the most recent report here: McCombs Private Equity Real Estate Fund Annual Report - Fall 2022
Fall 2021: McCombs Private Equity Real Estate Fund Annual Report - Fall 2021
FUND ADVISORY BOARD
Co-Founder/Managing Partner | Stonelake Capital Partners
Chairman & CEO | Stratus Properties
Managing Director | B&I Capital
Investment Professional | Tilden Capital Partners
Chief Executive Officer | StreetLights Residential
Portfolio Manager | Invesco Real Estate
Partner | Pinnacle Housing Group
Founder, Chairman & CEO | Greystar
President | Heritage Title
Managing Director, Head of REIT Research | Wells Fargo
President | Abacus Capital Group
Managing Principal, CEO | Peachtree Hotel Group
Chairman | Goff Capital Management, LP
CEO | Evergreen Real Estate Partners LLC
Principal | White Point Partners
Chief Investment Officer & Head of Corporate Strategy | Lionstone Investments
Founding Partner | Montgomery Street Partners
Chairman & CEO | Trademark
Partner | LeeCarvel Enterprises, LLC
Executive Vice Chairman | Crown Castle International
Former CEO | Progress Residential
President & Trust Manager | Camden Property Trust
Investor | Riverside Resources
Luis P. Rhi
Director | Barrow, Hanley, Mewhinney & Strauss
Owner, CEO | Viceroy Investments, LLC
Managing Partner | Legacy Star Capital Partners
Advisory Director | RREEF America REIT II and RREEF Core Plus Industrial Fund
CEO & President | PinPoint Commercial LP
FUND INVESTMENT COMMITTEE
Executive Director | Greystar
CEO | Evergreen Real Estate Partners
Founder & Owner | Zuma Capital
US REIT Analyst | B&I Capital
Want to Get Involved?
The UT Austin Real Estate program is ready for you.