Austin Magruder

Austin Magruder is a multifamily real estate asset manager and principal with over 11 years of experience acquiring, repositioning, and optimizing residential and mixed-use assets across the Mid-South and Southwest markets. As lead sponsor, he has directly overseen 11 acquisitions totaling 457 units and $41.7 million in deployed capital — delivering a weighted average equity multiple of 2.4x and a 70.2% IRR across four realized exits. His broader involvement across co-sponsorships and joint ventures extends to 750+ units acquired and a current portfolio valued at approximately $53 million.

Austin's approach is rooted in institutional-grade asset management: disciplined underwriting, proactive portfolio oversight, and a structured process for driving value at the asset level. Through Stoneflower, he applies that same framework as a trusted partner to family offices and institutional owners seeking third-party project management and asset management expertise — bringing the same rigor to their portfolios that he applies to his own.

He has built his reputation on transparency, operational discipline, and a demonstrated ability to execute across market cycles — qualities that have made him a go-to partner for family offices, institutional brokers, and co-sponsors navigating complex real estate environments.

Founder
Property Type Market Units Acquired Hold Period Equity Multiple IRR¹ ROI
Tiger Flats Multi-Family Memphis, TN 22 2016 4.7 yrs 3.38x 57.2% 237.8%
The Wendell Multi-Family Memphis, TN 24 2020 1.7 yrs 4.06x 224.5% 306.0%
610 Monroe Office / Industrial Memphis, TN 2 2021 4.5 yrs 1.48x 21.5% 48.4%
New Heights Build-to-Rent Texarkana, TX 75 2021 4.3 yrs 2.15x 48.6% 114.7%
Total / Wtd. Avg. 123 2.40x 70.2% 139.7%
¹ Portfolio averages weighted by equity invested. IRR is simplified based on equity invested at acquisition and gross sale proceeds at disposition; does not reflect interim distributions, refinance proceeds, or phased capital deployment.