Preston Forrest Capital is a privately held, Dallas-based real estate investment and development firm focused on identifying opportunities to create value for our investors and stakeholders.
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With a background in finance and law, Dru is responsible for structuring and managing investments for Preston Forrest. A native of Denison, Texas, Dru attended Texas Tech University where he received a BBA in Finance and graduated summa cum lade. After graduation, Dru attended law school at Southern Methodist University and obtained a JD where he graduated in 2008 cum laude. Dru is a founding partner of Logan, Landrum and Greenwood, PLLC, a transactional law firm based in Plano, Texas, focusing on business development and strategy. Dru volunteers his time as the treasurer of Northwood Hills Homeowner’s Association, is a member of American MENSA, and is an active member of Northwest Bible Church in Dallas. Dru lives in Dallas, Texas with his wife, Stephanie, and two children.
As a Co-Founder and CEO, Forrest oversees operations, project management and development for Preston Forrest. He has over 20 years experience in the real estate and construction industry. Prior to his current role, Forrest had a successful consulting career where he specialized in business and real estate appraisal and valuation work for many Fortune 500 clients across the US. He focused on multi-family, commercial, healthcare, and industrial real estate. Forrest has also served at St. Andrew United Methodist Church in Plano, Texas where he oversaw all business operations of the church, including multiple construction projects totaling $27 million in expansion and renovation. Forrest sits on the Board of Directors for the Storehouse of Collin County, a non-profit focused on feeding, clothing, and caring for those in need. He is also a member of the Cherokee Nation. He earned his BBA and MBA degrees from Texas Tech University. Forrest and his wife Dana live in Dallas with their two sons.
As the Vice President of Operations, Lena oversees all business operations for the firm. Lena joined Preston Forrest in 2021 after two decades in corporate and non-profit sectors. Lena has spent the majority of her career with AT&T where she ultimately oversaw a $14 Billion P&L, leading a financial team that supported some of AT&T’s largest business and government customers. Lena has experience in project management and financial analysis and reporting across many verticals including small businesses, wholesalers, government agencies, technology companies, educational institutions, healthcare, and more. Originally from the Ukraine, Lena moved to the United States as a high school exchange student, later receiving her BBA in marketing from East Texas Baptist University. Lena then attended the University of Oklahoma where she received her MBA with a concentration in finance, graduating summa cum laude. She is fluent in English, Ukrainian, and Russian. Lena is an active member of Watermark Community Church and enjoys traveling, teaching fitness classes, and volunteering. Lena lives in Dallas with her husband Chris and their three children.
The Preston Forrest team is experienced in transforming raw land into livable communities and commercially viable sites. We firmly believe that conceptual land planning, entitlement processes, and civil construction work best when the developer is focused on achieving success for all stakeholders, including investors, residents and municipalities. Our ability to maintain the integrity of the investment while garnering community support and then executing on construction is a key to our success.
Preston Forrest and its investor network have the capability to
efficiently raise and deploy capital. While we are selective, we provide time efficiency and financial certainty to our partners to help them focus on achieving their goals. In doing so, we provide our investors access to equity investments and debt positions in well-positioned, opportunistic real estate plays with an eye towards to risk management. The risk/return profile achieved through our investment approach provides alternatives to public REIT’s and individual real estate investing.
Utilizing a reliable and professional build-to-suit partner is a necessity in this ever-changing real estate environment to ensure your valuable time and resources are used most effectively to grow your business. Preston Forrest and its team of professionals can ensure your company’s project is successfully managed from start to finish. With expertise in deploying capital, entitlement, and construction, you can focus your time and resources on what you and your company do best.
Preston Forrest has the experience and ability to manage everything from a value-add renovation to a complete ground-up construction of a variety of asset classes and project types. Our team has worked in primary and secondary markets managing projects in excess of $20MM. Whether it is industrial, multifamily, single-family build-to rent, office, or retail, Preston Forrest prides itself on being able to turn concept into reality through exacting workmanship standards and highly effective construction management.
Sale leaseback is one of the most effective ways for companies who own their real property to convert equity into cash for their businesses to invest and grow. If your focus is not real estate investing, you should not have your money trapped in the walls of your building. There are many advantages to partnering with an experienced company like Preston Forrest in a sale/leaseback arrangement including:
• Reducing income tax liability by fully deducting lease payments
• Utilizing losses to offset capital gains
• Improving your balance sheet by classifying real estate obligations as an operating expense and not a liability
• Avoiding significant fees associated with a traditional real estate sale or lease transaction