Malabar Hill Capital
Malabar Hill Capital is a private investment firm founded in 2021 by Chris Merchant, based in Richmond, Texas. It invests directly in its own deals, has 2 current properties and 1 exit on file, and still has one deal open, The Market at Magnolia Ridge.
About Malabar Hill Capital
Malabar Hill Capital (“MHC") is an institutional-quality commercial real estate development firm in Houston specializing in neighborhood shopping centers across high-growth Texas markets. The firm focuses on ground-up development in growth-driven corridors where residential expansion, daily-needs demand, and limited retail supply create durable fundamentals.
With a disciplined, development-first approach, MHC emphasizes thoughtful site selection, curated tenant mix, and phased execution. Each project is structured to support long-term performance while maintaining alignment with investor capital through conservative underwriting and GP co-investment.
We’ve raised & deployed $100M+ of equity from 500+ Investors to support 35+ active projects to date across Houston, Austin, and the broader I-35 corridor.
- 3 properties bought Counted
- 1 sold Counted
- 2 properties owned today Counted
- $120M assets under management Stated by the firm
Track record
Malabar Hill Capital has sold 1 of the 3 properties it has bought.
The firm reports 3 realized investments. 1 exit is on DealStack.
Where it has bought
All 3 properties: 2 still owned, 1 sold.
- Missouri City1 still owned
- Richmond1 sold
- Tomball1 still owned
| Property | Place | Units | Bought | Sold | Returned |
|---|---|---|---|---|---|
| The Market at Aliana | Richmond, TX | Sold | |||
| The Market at Northpointe | Tomball, TX | Still owned | |||
| The Market at Sienna | Missouri City, TX | Still owned |
Team
The people behind the firm.
Chris Merchant
Co-Founder & Managing Partner
Chris Merchant co-founded Malabar Hill Capital, where he leads development. Over the last three decades he has developed and operated more than 500,000 square feet of retail, commercial and hospitality assets, and has invested across chain retail stores, retail centers, hotels, self-storage and a management company.
Durwesh Khalfe
Investor Relations
Durwesh Khalfe is Director of Investor Relations at Malabar Hill Capital. He brings a background in private equity, commercial real estate and financial services, and focuses on building lasting relationships with investors. He taught with Teach For America (DFW '15), has served on non-profit boards, and is an Ironman finisher and ultra-endurance athlete.
Headquarters
Richmond, Texas
Invest with Malabar
One deal is open now.