Who We Are, What We Do.

Prior to founding Cardinal, Mr. Sanders was responsible for all investments, dispositions, and asset management for the Texas region of Stratford Land, the largest land investment fund in the U.S.  In his position at Stratford, Mr. Sanders managed sourcing and underwriting of all land acquisitions in Texas in addition to handling property sales and the entitlement process.

Before Stratford, Mr. Sanders was a partner with Jones Lang LaSalle/Staubach Co. In his eight years at JLL/Staubach, Mr. Sanders was lead broker on over $325 million in transactions. Mr. Sanders has been awarded the Austin Business Journal’s “Transaction of the Year” twice, for the development of the Goodwill Headquarters and for the relocation and re-development of Concordia University. He was awarded Broker of the Year in San Antonio for the relocation of the San Antonio Water System Headquarters. Major clients have included Apple, Electronic Arts, The Hartford, Cirrus Logic, The State of Texas, UTSA, Toyota and The University of Texas Medical Branch. He has practiced in multiple markets including Texas, Oklahoma, Florida, and Tennessee.

Mr. Brown has a very diverse background of forming and operating businesses and real estate development.  He serves as a managing member of Cardinal MF LLC, developer of the 300-unit Brick and Mortar District Phase IA and 331-unit Phase IB in Kyle, Texas, 300-unit Lyric at the Merc in San Antonio, Texas 348-unit Oxly at the Merc in San Antonio, Texas, 350-unit Lumen at the Merc in San Antonio, Texas, 288-unit Enclave on Ross Road in Austin, Texas, 340-unit Goodnight Ranch Town Center in Austin, Texas, 336-unit SoSA on Palo Alto in San Antonio, Texas, 288-unit Vera In Odessa, Texas, 200-unit Cove In Odessa, Texas and 285-unit Pathway on Woodrow in Denton, Texas. Mr. Brown also serves as a development and financial advisor to UTSA BLVD IH10, LP, developer of the 998-unit University Village multi-family project and 116-acre mixed use development (San Antonio, Texas).

Prior to founding Cardinal, Mr. Brown served as CEO of Retama Entertainment Group for more than 16 years and in the role, oversaw the operations of Retama Park. Following an extensive search and negotiation with several other potential acquirers, Mr. Brown negotiated and closed on the sale of interests in Retama Park, including those owned personally, to Pinnacle Entertainment.

Prior to forming Retama Entertainment Group, Mr. Brown was Project Director of Riverwood and President of Riverwood Realty, Inc. and Riverwood Golf Club (Port Charlotte, Florida), a 1250-acre master-planned golf course community heavily amenitized with a championship golf course, community clubhouse/pool/tennis complex and river park. Under Mr. Brown’s leadership, an environmentally complex property was transformed into an award-winning residential development with a wide variety of single and multi-family offerings.

While at Riverwood, he was Chairman and founder of the Riverwood Community Development District, which, through the issuance of bonds, built and financed all infrastructure of the project including a 1 million gallon per day wastewater treatment plant on site.

Mr. Brown has been involved in many major financings as well including institutionally placed debt, privately placed debt, privately placed equity, tax increment financing, special purpose districts and bond defeasance. Mr. Brown was the primary party responsible for all these financing activities including five HUD 221(d)(4) closings.

Mr. Brown is a graduate of The University of Texas at Austin having received an MBA in Finance and Organizational Behavior and a BBA in Finance.

Mr. Lloyd serves as Cardinal’s Director of Development. In this role he leads and manages preconstruction and construction activities for Cardinal’s development pipeline and directly oversees site due diligence, design and entitlements. Cardinal developments include the 300-unit The Brick and Mortar District Phase IB in Kyle, Texas, 324-unit Goodnight Ranch project in Austin, Texas, 200-unit Cove in Odessa, the 288-unit Vera in Odessa, 300-unit Lyric at the Merc, 350-unit Lumen at the Merc, and 348-unit Oxly at the Merc projects in San Antonio, Texas, the 336-unit SoSA in San Antonio, 288-unit Enclave on Ross Rd. in Del Valle and 285-unit Pathway on Woodrow in Denton, Texas.

Ms. Borgia serves as Cardinal’s Marketing & Creative Director. In this role, she executes customized financial models, investment summaries, and updates to investors. She completes documentation for the U.S Department of Housing and Urban Development, and manages all marketing and design content for Cardinal developments which include the 300-unit Brick and Mortar District Phase IA and 331-unit Phase IB in Kyle, Texas, 300-unit Lyric at the Merc, 350-unit Lumen at the Merc, and 348-unit Oxly at the Merc projects in San Antonio, Texas, 288-unit Enclave on Ross Road in Austin, Texas, 340-unit Goodnight Ranch Town Center in Austin, Texas, 336-unit SoSA on Palo Alto in San Antonio, Texas, 288-unit Vera In Odessa, Texas, 200-unit Cove In Odessa, Texas and 285-unit Pathway on Woodrow in Denton, Texas.

Prior to joining Cardinal, Ms. Borgia held positions as the Group Sales Coordinator for Pinnacle Entertainment Group, Director of Marketing & Events for Lonestar Soccer Club SA, and Director of Marketing & Administration for Classics Elite Soccer Academy.