Mario Talatala
Southlake, TX (USA)
Role(s):
Founder/Owner/Principal
Northstar Investments, LLC
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Startup
Location:
Southlake
Industry:
Real Estate
Year Founded:
2007
Number Employees:
1-10 people
Description:
Northstar Investments, LLC primary goal is to purchase real estate properties primarily in the Dallas Metroplex, including but not limited to multi-unit apartment buildings, commercial buildings and mobile home parks. Depending on the condition, location and other ecomonic factors, we create and implement a plan of action to stabilize a physically and/or financially distressed property then preferably hold the property for the longest period of time possible.
Mario Talatala is the principal of the company. He holds a Texas real estate license. He started investing in 1998 in California until he moved to Dallas, Texas.
Currently, the company owns and operates two apartment buildings totaling 116 units. It was bought 4 years ago as a distressed property having an occupancy of 68%. This year, the apartments are realizing a turnaround having an occupancy of more than 90%.