Shravan Parsi
Founder and CEO, American Ventures
Austin United States (Texas)
Professional Status
Employed
Available
About Me
Shravan Parsi is the founder and CEO of American Ventures, an Austin-based firm that invests in and develops multifamily, mixed-use, commercial, and hospitality real estate along the Austin-San Antonio corridor.
He has invested in Texas real estate since 2003. Alongside private equity groups, family offices, and accredited investors, he acquired 22 apartment complexes totaling roughly 4,400 units, then took the value-add portfolio full cycle across two market peaks, with every investor paid back.
Parsi trained as a pharmaceutical scientist, and he underwrites the way he once ran experiments: a written protocol, the same disqualifying criteria on every deal, and stress tests built to kill a deal before capital is committed. He laid out the method in The Science of the Deal, published by Forbes Books in 2019.
Today the firm's work is mostly development. About $600 million in planned projects includes a Marriott Tribute hotel and condominium site on Austin's South Congress Avenue, a mixed-use district in San Marcos, and more than 60 acres in Elgin. American Ventures has 252 high-net-worth investor relationships, about one third of them repeat investors.
He has invested in Texas real estate since 2003. Alongside private equity groups, family offices, and accredited investors, he acquired 22 apartment complexes totaling roughly 4,400 units, then took the value-add portfolio full cycle across two market peaks, with every investor paid back.
Parsi trained as a pharmaceutical scientist, and he underwrites the way he once ran experiments: a written protocol, the same disqualifying criteria on every deal, and stress tests built to kill a deal before capital is committed. He laid out the method in The Science of the Deal, published by Forbes Books in 2019.
Today the firm's work is mostly development. About $600 million in planned projects includes a Marriott Tribute hotel and condominium site on Austin's South Congress Avenue, a mixed-use district in San Marcos, and more than 60 acres in Elgin. American Ventures has 252 high-net-worth investor relationships, about one third of them repeat investors.
Founder
SA Dream Homes
2002
to 2012
- Bought his first Texas investment property in 2003 and built a portfolio of more than 100 single-family homes on buy-fix-sell and buy-fix-hold plans
- Homes acquired and sold between 2006 and 2012 produced a weighted average ROI of 59 percent
- Built a lending model with a credit-repair attorney that made homeownership possible for buyers conventional lenders turned down
- Invested in land in east and north Austin, including five acres next to the Formula 1 track ahead of the inaugural U.S. Grand Prix, covered by the Austin American-Statesman
