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Andrew Welker
Founder & CEOEst. 2018 — Dallas

W PROPERTIES

Building the next generation of housing.

Founded in 2018, W Properties is a vertically integrated real estate development company based in Dallas, Texas, focused on multifamily and Build-to-Rent communities in high-growth markets.

Andrew Welker at W Properties in Dallas

Multifamily — Texas

$300M+
Active development pipeline
2,300+
Units acquired
$315M+
Portfolio value
$85M+
Equity raised
Disciplines
  1. 01Value-Add Multifamily
  2. 02Build-to-Rent
  3. 03Land Development
  4. 04Joint Ventures
  5. 05Single-Family Development
  6. 06Asset Management
  7. 07Construction Management
W PropertiesNext chapter

PROPHET HOMES

Another chapter in the housing story.

In 2024, Andrew launched Prophet Homes, returning to his single-family residential investment roots.

Founded
2024
Focus
Single-family residential investment
Market
Sun Belt / U.S.
Single-family residential community

Single-family residential

Prophet Homes is a residential investment marketplace connecting investors with high-quality, renovation-ready inventory.

The platform focuses on opportunities for professional and institutional buyers while creating strategic synergy with W Properties through deal flow and acquisition scale.

Andrew’s earlier experience at New Western shaped the platform’s approach to residential investment.

Portfolio of work

W Properties

Founder & CEO · 2018 —

A vertically integrated real estate development company based in Dallas, Texas, focused on multifamily and Build-to-Rent communities in high-growth markets.

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Prophet Homes

Founder · 2024 —

A residential investment marketplace connecting investors with high-quality, renovation-ready inventory.

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New Western Acquisitions

Founding partner & CEO · 2008 — 2017

Grown over nine years into one of the largest home buyers in the nation, purchasing over 12,000 distressed residential properties at a value of over $2 billion.