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MICHAEL
S. MCGRATH
President & Chairman
Michael S. McGrath is
President and Chairman of Asset Plus Corporation and is responsible
for all corporate planning and financial operations, in addition to
overseeing all activities of the operating and investment divisions of the company.
Michael
began his professional real estate career in 1977 where he served as
Vice President of Houston-based Texas Capital Management Corporation
responsible for acquisitions, management and leasing of multiple
investment properties for a major California investment firm. His
career expanded in 1984 as he invested two years in securities
syndication and sales of investment real estate properties in Texas
on direct participation programs such as the $52 million dollar
Hershey Resort Hotel in Corpus Christi, Texas. This experience
eventually led Michael to be appointed as Senior Vice President of
Houston based Asset Plus Corporation during its inception in 1986.
Michael was promoted to President and Chief Executive Officer in
1988 and later acquired Asset Plus Corporation from its
institutional-based owner.
Additionally, Michael serves as
investor and Co-General Partner on over $500 million in property
acquisitions and developments undertaken by the investment affiliate
of the company, and over the last 25 years has been involved in the
analysis and operation of over a billion dollars of real estate
investment properties. He is the former Founder and Chairman of
Corporate Living and Relocation Services, the Founder and current
Chairman and President of Asset Campus Housing, Inc., the Chairman
and President of Asset Plus Corporation. Michael S. McGrath served
on the Advisory Board with W.C. Perry Realty Investment Funds and
currently serves on the Board of Directors of Fort Bend, Homeless
Shelter of Fort Bend County, Texas as well as the Advisory Board of Pro-Vision, Inc. an
alternative school for young men.
He is licensed with the Texas Real Estate Commission and has held
Series 63 and 22 Securities Licenses with the National Association
of Securities Dealer (NASD). He is a member of Houston Association
of Realtors, Texas Association of Realtors and National Association
of Realtors.
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