Ken Prater
Ken earned his B.S. in Civil Engineering from Texas Tech University in 1979. Over the next five years he obtained his Professional Engineering License while working for two local civil engineering companies. Mr. Prater worked on numerous commercial and residential developments. Notable projects included:
Mary Kay’s Corporate Campus at Northwest Highway and IH 35.
Developed 300 acres between Midway Rd. and Marsh Lane, south of Beltline Road.
Westway Business Park a 200-acre mixed use commercial development in Arlington, Texas.
Mr. Prater earned his MBA from the University of Dallas in 1984 then joined Suburban American Company, a regional development company.
In 1988, during the real estate downturn, Mr. Prater joined the Trammell Crow Company, managing troubled assets for the government. For the next four years he worked for GSC Realty Corporation a subsidiary of Temple Inland, Inc. Mr. Prater then joined Lumberman Investment Corporation, another Temple Inland Company. While at Lumbermen’s Mr. Prater developed over 2,000 residential lots in the DFW area.
Mr. Prater then embarked on working for himself, purchasing a small homebuilding company and increasing sales from 11M to over 30M. During this time Mr. Prater also developed 11 subdivisions to fee the homebuilding company, over a dozen small office buildings, purchased and renovated an 80,000 s.f. office building, and developed over 50,000 s.f. of retail space. Once Mr. Prater sold the homebuilding company he started providing lot banking to homebuilders. Since 2009, Mr. Prater though his companies have Financed, Purchased, and or sold over $500M in Real Estate, primarily residential land, and or lots
Collin Prater, Broker
Collin was born and raised in Dallas, Texas where he attended Trinity Christian Academy in Addison. He continued his education with a Bachelor degree in finance from the University of Arkansas. His education in commercial real estate started as an intern with Holt Lunsford Commercial while in college.
After College, Collin spent two year on staff with Campus Crusade for Christ at the University of Arkansas before coming back to Dallas and beginning his career in commercial real estate in 2010. He started as an associate for CASE Commercial Real Estate where he worked in the land division. In the end of 2013, he left CASE to start working with his father, where they formed REATA Brokerage Services LLC. Collin has negotiated over $100 million in commercial transactions in the DFW metroplex.