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Andrew Welker
Chronology

THE JOURNEY

  1. 23

    First investment property.

    Where it began — residential

  2. 2008

    Co-founded New Western Acquisitions during the Great Recession.

    The first New Western chapter

  3. 2008–2017

    Helped scale New Western into one of the largest residential homebuyers in the United States.

    Nine years of residential acquisition

  4. 12,000+

    Distressed residential properties acquired.

    Residential acquisitions

  5. $2B+

    Value of acquisitions during that period.

    Development and investment

  6. 2017

    Founded the Welker Foundation.

    Welker Foundation — community impact

  7. 2018

    Founded W Properties and entered the multifamily development industry.

    W Properties — Dallas, Texas

  8. 2024

    Launched Prophet Homes.

    Prophet Homes — single-family

  9. Today

    Leading W Properties and continuing to develop multifamily and build-to-rent communities.

    W Properties — today
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A vertically integrated real estate development company in Dallas, Texas — value-add multifamily and new development in high-growth markets.