MH Capital

About Us

Malabar Hill Capital is a Houston-based real estate development firm specializing in ground-up shopping center developments across the Houston and Austin markets. With 50 years of combined experience, our team has built a reputation for delivering high-quality projects that generate superior, risk-adjusted returns for investors.

Our strategy is built on securing prime parcels of land within or around established and rapidly growing master-planned communities. These locations provide a built-in customer base, efficient infrastructure, and controlled development standards—key factors that drive long-term stability and value creation.

At Malabar Hill Capital, we take a merchant builder approach—developing assets at cost, leasing to high-quality national and regional tenants, and exiting at market value. This ensures shorter investment periods and strong, risk-adjusted returns.

Why We Focus on Retail Development

We specialize in neighborhood shopping center developments, which generate stable income and high growth potential through

Long-Term Leases

National and regional tenants sign multi-year leases, ensuring reliable cash flow.

Lower Operating Costs

Triple Net (NNN) lease structures pass property expenses (taxes, insurance, and maintenance) onto tenants, protecting investor returns.

Consistent Cash Flow Growth

Contractual rent increases drive long-term value appreciation.

Hands-Off Management

NNN leases reduce landlord responsibilities, making these investments highly efficient.

High-Traffic Locations

Our projects are positioned in thriving communities with strong retail demand and limited competition.

Why We Build in Master-Planned Communities

Our investment strategy is focused on location – we prioritize master-planned communities because they provide

Built-in Demand

A steady flow of customers from thousands of nearby residents ensures business success.

Predictable Development & Returns

Community design guidelines expedite construction and stabilize investment performance.

Infrastructure Efficiency

Pre-existing roads, utilities, and drainage lower development costs and mitigate risk.

Exclusive Land Opportunities

Supply-constrained, high-visibility locations drive long-term appreciation.

Target Investment Highlights

Retail Investment Highlights

Pursue developments of between 15-20K sq. ft. retail shopping strips with high visibility, access to adjacent existing grocery, power and lifestyle retail assets in a select list of high growth Houston sub-markets

These submarkets will be in some of the most desirable places to live with plenty of strong demographics and abundant retail and entertainment options. The Houston market has been the primary beneficiary of job movement from the east and west coasts in recent years and has the highest concentration of new home starts.

Master Planned Community Investment Highlights

A master-planned community is a large-scale residential development that is carefully planned and designed to include a range of amenities and features intended to create a self-contained community. These communities typically include a mix of housing types, commercial and retail spaces, parks and green spaces, schools, & other community facilities.

MH Capital chooses to develop land within the commercial reserves of master-planned communities because these developments offer a number of advantages over other types of commercial developments. These advantages include:

Management Team

Mounang Desai MD MBA

CO-FOUNDER AND MANAGING PARTNER

Parvez ‘Chris’ Merchant

CO-FOUNDER AND MANAGING PARTNER