Houston  ·  TX

Disciplined operators.
Patient capital.

HM Equity Management acquires, renovates, and stabilizes multifamily assets across Texas — delivering consistent risk-adjusted returns to our investment partners since 2007.

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$1B+ In Total Transactions
30+ Full-Cycle Exits
6,500+ Units Acquired
Our Approach

Acquisition, ownership,
redevelopment. Results.

HM Equity Management, LLC is a real estate investment and property management company headquartered in Houston, Texas, specializing in the acquisition, ownership, management, redevelopment, and sale of multifamily apartment communities across Texas.

We build lasting partnerships through hard work, integrity, and in-depth knowledge and experience of the multifamily apartment industry. Our approach aligns investor goals with disciplined operational execution at every stage of the asset lifecycle — from acquisition through renovation, stabilization, and exit.

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Texas Focus

We operate exclusively in Texas markets — Houston, San Antonio, and surrounding metros — where workforce housing demand remains structurally undersupplied.

Value-Add Discipline

Every thesis is underwritten conservatively. We do not depend on cap rate compression — we create value through renovation execution and operational improvements.

Patient Capital

We structure hold periods around value creation milestones, not arbitrary timelines. We exit when the asset is optimized and market conditions support it.

Transparent Reporting

Quarterly reports, annual audits, and direct access to the principals. Our investors know exactly where their capital stands at all times.

Track Record

30+ Realized Investments

Every deal underwritten in-house. Every outcome owned. A 15-year history of consistent execution across Texas multifamily markets.

Active Holdings

Properties Under Current Management

Actively managed multifamily communities across Texas — applying HM Equity's hands-on operational discipline to maximize performance and investor returns.

Texas Footprint

Where we operate.

Four active communities across Texas — concentrated operational expertise in markets we know deeply.

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Leadership

The Team Behind the Returns

Our principals founded HM Equity Management and have operated it hands-on from day one — through every cycle, every acquisition, and every exit.

Ian Hancock

Ian Hancock

Chief Executive Officer

Ian Hancock founded HM Equity Management in 2006 after relocating to Houston, Texas from London, England. Since then, he has led the acquisition of 29 multifamily communities totaling more than 6,500 units across Texas before successfully selling the firm’s entire portfolio in 2022, representing approximately $1 billion in transaction volume. Hancock oversees property management operations, asset management, and investment strategy at the firm. He began his real estate investment career in 1995 and holds a BSc (Hons) in Estate Management from the University of Reading, where he developed the institutional foundation that continues to shape the firm’s operational and investment approach today.

Benjamin Cohen

Benjamin Cohen

Partner & Principal

As a Partner and Principal at HM Equity Management, Benjamin oversees acquisitions, capital formation, investment strategy, and capital markets across the firm’s multifamily investment platform. Since 2024, he has directly acquired and operated over $100 million in value-add, opportunistic multifamily real estate in Houston, Texas. Benjamin oversees equity partnerships with high-net-worth and institutional investors, lender relationships, broker relations, and underwriting analysis across the firm’s investment platform. He received his Bachelor of Science degree from Queens University of Charlotte in 2022.

For Investors

A Partner, Not Just a Sponsor

We structure every deal with our investors' interests aligned to our own. HM Equity principals invest alongside LP partners in every acquisition — our capital is at risk alongside yours.

Quarterly Reporting

Detailed quarterly reports covering occupancy, NOI, capital account balances, and market commentary — delivered within 30 days of quarter close.

Aligned Incentives

Principals co-invest meaningful equity in every deal. Promote structures are performance-gated — we only earn a promote when investors receive their preferred return.

Conservative Underwriting

We underwrite to stress scenarios, not best-case projections. Assumptions are documented and shared with investors at the time of subscription.

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Start the Conversation

Whether you're an accredited investor exploring the next opportunity, a broker with an off-market deal, or a prospective LP looking to learn more — we welcome the conversation.

Corporate Office 8125 N Sam Houston Pkwy W, Unit C
Houston, TX 77064
Fax (281) 890-5420

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