AUSTIN, TEXAS (Aug. 8, 2022) — United Properties announced today that Victor Young has joined United Properties – Austin as senior vice president of commercial development. In this role, Young will serve as market lead and direct all development activities based out of the Austin office. He will report directly to Bill Katter, United Properties president and development chief investment officer.
“We are very excited for Victor to lead the United Properties – Austin team as we expand our portfolio in the region,” said Katter. “He’s an experienced developer and longtime Austinite who has strong relationships with the companies, brokers and financial institutions that call Austin home.”
Young comes to United Properties with an extensive background in real estate development. Most recently, he was a principal at Cypress Real Estate Advisors where he specialized in multi-family, office and mixed-use developments.
“As a lifelong Texan and long-term resident of Austin, I have witnessed firsthand the dramatic transformation of our city and have been fortunate to raise my family while participating in the most active real estate market in the country,” said Young. “The company’s mission of ‘creating deep roots’ while building and strengthening communities, along with the innovative team that makes up United Properties, is what attracted me to this opportunity. I’m thrilled to channel my passion for this field into my role at United Properties.”
Before joining Cypress Real Estate Advisors, Young launched Greenbelt Commercial, the real estate acquisition and development company behind properties such as the award-winning SXSW Center in downtown Austin — which houses South by Southwest’s headquarters — and the Eastlake at Tillery office development, among others. He was also a development partner at Capital City Partners, Inc. and a commercial real estate broker for Aquila Commercial in Austin.
Young is a Texas native with a bachelor’s degree from Rice University (where he played football) and a law degree from the University of Texas at Austin School of Law. He lives in Austin with his wife and two children and serves on the board of the Pease Park Conservancy while actively supporting many other local nonprofit organizations.
United Properties expanded operations to Texas in 2020, opening a development office in Austin after carefully studying the area’s growth trajectory and how it has responded to both market expansions and downturns.
“We love the diversity and growth opportunities in Austin,” Katter said. “We like the strong tech hub and the culture and people of Austin, and we’re excited about new projects on the horizon.”
About United Properties
United Properties has been creating deep roots in the commercial real estate industry for more than 100 years. The company imagines new possibilities in real estate to help enrich communities and create lasting legacies. United Properties provides market expertise for ground-up development, redevelopment and acquisitions of value-add and stable investments. The company invests in and develops office, industrial, retail, mixed-use and senior housing properties. United Properties is owned by the Pohlad Companies and is headquartered in Minneapolis, with offices in Denver and Austin, Texas. For more information, visit www.uproperties.com and follow on Twitter, LinkedIn and Instagram.