THE EMBREY WAY
SUBCONTRACTOR
At EMBREY, in keeping with our founding principles, we have always believed there is nobility in the work of designing and creating a sense of place and community in the real estate development work that we do. Some of the keys to our success include working hard to create relationships, a company culture and a team that embraces craftsmanship, dedication to design and attention to detail.
The results of this approach can be seen in our signature projects like 7600 Broadway and Tin Top Flats at The Creamery in San Antonio to The Packing District in Orlando to Retreat at Ironhorse in Tennessee and more. Across all six states where we currently operate, we share the pride and achievement with our business partners, investors and team members in all of our divisions.
We celebrate 50 years of continuous success and service to our communities in creating places where people want to live, work and call home. We are consistently recognized nationally for the highest level of quality in our projects and in our responsible stewardship of resources. This recognition year after year is not easily achieved in the cyclical world of real estate.
To always Do The Right Thing , even when it is not easy, is a cornerstone value and living legacy of our founder, Walter Embrey, Jr., who first set us on a course of bec oming the company we are today. Walter always said the most important asset we have is our people. We should always hire the best and create an environment where they can do their best work which still stands true today.
Your hard work, dedication and attention to detail are the keys to our continued success. As we celebrate this milestone, let’s take pride in what we’ve built together and look forward to unlocking the future we continue to shape. Thank you, Team EMBREY, for your incredible work and accomplishments. Here’s to the next 50 years!
Trey Embrey President & Chief Executive Officer
2025 business of the year
EMBREY has been recognized once again as a Business of the Year Honoree by the San Antonio Business Journal! As we celebrate this achievement, we are honored to stand alongside other outstanding companies making an impact in our region, including Centro, Chef Jason Dady Restaurant Group, Joeris General Contractors, Keller Williams Realty Heritage, Precision Contracting, REEP, SEnergy, The University of Texas at San Antonio, XPEL and Whataburger. Each of these organizations exemplifies leadership and dedication to gro wth, just as we have for the past 50 years.
Building more than communities - EMBREY has built a legacy of thoughtful design, quality craftsmanship and meaningful impact. This recognition is a testament to the dedication of our team members, business partners and leaders who drive our success every day.
Thank you to everyone who continues to make EMBREY a leader in the industry.
Team EMBREY pictured above: Ashley Hodge, Briana Godoy, Brittany Ruhmel, Camila Alba, Garrett Karam, Joel Alba, Josephine McCray, Penny Benavidez and Tye Burch.
South Texas Power Players
INFLUENTIAL PROS TO KNOW IN 2025
Trey Embrey has been named to the South Texas Power Players: Influential Pros to know in 2025 for his work in shaping the business landscape here in San Antonio and across the state. This recognition by the San Antonio Business Journal in partnership with their sister publications in Austin, Dallas and Houston, highlights his leadership in guiding EMBREY.
Trey continues the legacy of Founder & Chairman, Walter Embrey, Jr., ensuring EMBREY’s core value— Do The Right Thing —continues to guide every aspect of our business. From our #EMBREYGivesBack initiatives and involvement in the Real Estate Council of San Antonio (RECSA) & ULI San Antonio, to our industry-leading EMBREY Summer Internship Program and commitment to enhancing the communities in which we build, this recognition reflects Trey’s dedication to striving f or excellence in the multifamily real estate space while fostering a culture of leadership and service.
Congratulations, Trey!
walter embrey, jr
Walter Embrey, Jr., founded EMBREY on the principle to always Do The Right Thing . His enduring philosophy is to elevate the neighborhoods where we build, a core aspect of what we call The EMBREY Way
Walter’s recognitions for his contributions include being named the San Antonio Entrepreneur of the Year in 1995 for his business and civic achievement. He received the Phillip M. Barshop Founder’s Award in 2003 for excellence and leadership in the real estate industry. In 2022, Walter was inducted into the San Antonio Business Hall of Fame and earlier this year was asked to chair the Alamo Building Committee to advise the Alamo Trust as it embarks on a $600 million renovation and expansion of the historic Alamo. His community commitments include more than a decade of service on The Witte Museum Board of Trustees and the Board of Trustees for the Texas Biomedical Research Institute.
To honor Walter’s 50 years of connecting communities, EMBREY dedicated a bridge in Walter’s name near Tin Top Flats at The Creamery, our award-winning community in San Antonio. The pedestrian bridge spans the San Antonio River connecting neighborhoods in the Museum Reach area. All of us at EMBREY join in recognizing Walter for the successful impact he has had building business and community.
THE EMBREY WAY BRIDGE DEDICATION VIDEO
EMBREY Summer Internship Program
10 YEARS OF MENTORSHIP
Class of 2024
EMBREY
is committed to mentoring the next generation of real estate leaders.
Since 2014, the EMBREY Internship Program has provided meaningful learning opportunities to paid interns for 10 weeks each summer. Through a competitive, meritbased selection process where only one out of every 100 applications is accepted, EMBREY interns become fully immersed in our culture, working alongside our division teams on projects providing real-world applications in the areas of Investments, Development, Construction, EMBREY Management Services and Corporate Services.
We take pride in the impact the program has had, both on our interns and our organization, with 14 former interns now employed as fulltime EMBREY team members.
We look forward to welcoming our 2025 internship class this June and continuing to shape the next generation of industry leaders!
EMBREY SUMMER INTERNSHIP PROGRAM GUIDE
Inaugural Subcontractor Excellence Awards
A significant milestone in our journey was the founding of EMBRE Y Construction in 1976. Over the decades, EMBREY Construction has been at the forefront of building excellence, transforming visions into reality with unparalleled craftsmanship and dedication. From our early days to becoming a leader in the industry, EMBREY’s quality work and strong business relationships have de fined The EMBREY Way .
In 2024, we held and celebrated the first Subcontractor Excellen ce Awards, an event recognizing the outstanding contributions of our subcontractor partners who have been integral to our success. We partnered with each regional winner to make a monetary donation to their charity of choice, reflecting our shared commitment to make a meaningful impact.
Our construction team played a key role in bringing this event to life and we’re already preparing for this year’s awards kicking off in September! A special thanks to our incredible construction team and subcontractors who are committed to delivering excellence on every project.
Texas
seven oaks | Phoenix, AZ
PROJECTS
DONATION MADE TO STEWART services
Tin Top Flats at The Creamery Collection at Gruene Colection Schertz Station Collection at Boerne
7600 Broadway
St. Jude Children’s Research Hospital
DONATION MADE TO design plastering
PROJECTS
Seven Oaks
Senna at Canyon Trails
The Quincy at Kierland
St. Jude Children’s Research Hospital
Tin Top Flats at The Creamery - San Antonio, TX
colorado
Harker heights | DENVER, CO
north carolina
florida
tennessee
PROJECTS
Bel Aire
Harker Heights
The Finch
DONATION MADE TO genesis framing
Keene at The District
Hensley at The District
Luxe at Mile High
Encore at Boulevard One
Denver Rescue Mission
DONATION MADE TO doggett concrete
PROJECTS
Contour at NoDa Heartwood at Vermillion
PROJECTS
Autism Strong
DONATION MADE TO
Patriot Team South
Citron at The Packing District
St. Jude Children’s Research Hospital
DONATION MADE TO preventia security
PROJECTS
Statler McCain’s Station
Hurricane Helene Victim Relief Fund
Citron at the packing district | Orlando, FL
statler mCcain’s station | gallatin, TN
Contour at NoDa | charlotte, NC
Project Timeline
under construction
Project Name
Contour at NoDa
Cantara at Legacy Pointe
Collection at Boerne
Collection Hunter Crossroads
Collection Schertz Station
Harker Heights
Heartwood at Vermillion Oxbow
The Sullivan
Charlotte, NC
Spring Hill, TN
Boerne, TX
Fort Worth, TX
Schertz, TX
Denver, CO
Huntersville, NC
Englewood, CO
CO
The goal at EMBREY is always to bring our standards of development to help advance the sense of community.
Jimmy McCloskey Chief Development Officer
Citron at The Packing District
Collection Champions Circle
Collection at Gruene
Finley on The Green
Hensley at The District
Keene at The District
The Quincy at Kierland
The Upland
Tin Top Flats at The Creamery
Senna at Canyon Trails
Seven Oaks
Southerly LoSo
Statler McCain’s Station
Orlando, FL
Fort Worth, TX
New Braunfels, TX
Charlotte, NC
Centennial, CO
Centennial, CO
Phoenix, AZ
Austin, TX
San Antonio, TX
Phoenix, AZ
Phoenix, AZ
Charlotte, NC
Gallatin, TN
citronpackingdistrict.com
collectionchampionscircle.com
collectiongruene.com
liveatfinley.com
thehensley.com
livekeene.com thequincyatkierland.com
livetheupland.com
tintopsa.com
livesennact.com
livesevenoaks.com
livesoutherlyloso.com livestatler.com
a glance at embrey’s history
A Legacy of Excellence
“Entrepreneur of the Year” Award 1995
1997
Multi-Housing News Ranks EMBREY #8 in Nation’s Top 25 Multifamily Builders
National Association of Home Builders Nominates EMBREY for its “Pillars of the Industry” Award
1998
Gold Nugget Award of Merit Winner
Builder Magazine Ranks EMBREY #18 for “Top 50 Multifamily Rental Builders”
1999
Builder Magazine Ranks EMBREY #15 for “Top 50 Multifamily Rental Builders”
San Antonio Business Journal Ranks EMBREY One of the “Top 50 Privately Held Companies”
San Antonio Express News Names EMBREY “One of San Antonio’s Top Workplaces” 2014
SatisFacts Names EMBREY a Company Award Winner in Resident Satisfaction
EMBREY Receives Healthy Workplace Recognition (Silver) by San Antonio Business Group on Health
NMHC Ranks EMBREY as a “Top 25 Builder”
Trey Embrey Receives C-Suite Award by San Antonio Business Journal
2019
EMBREY is Voted “Best Places to Work” by San Antonio Business Journal
EMBREY Receives Healthy Workplace Recognition (Gold) by San Antonio Business Group on Health
SatisFacts Names EMBREY a Company Award Winner in Resident Satisfaction
2018 2020
EMBREY is Voted “Best Places to Work” by San Antonio Business Journal
SatisFacts Names EMBREY a Company Award Winner in Resident Satisfaction
2021
SatisFacts Names EMBREY a Company Award Winner in Resident Satisfaction
2022
EMBREY is Voted “Best Places to Work” by San Antonio Business Journal
SatisFacts Names EMBREY a Company Award Winner in Resident Satisfaction
2023
EMBREY is Voted “Best Places to Work” by San Antonio Business Journal
SatisFacts Names EMBREY a Company Award Winner in Resident Satisfaction
2024
San Antonio Business Journal Nominates EMBREY as a “Business of the Year” Finalist
EMBREY is Voted “Best Places to Work” by San Antonio Business Journal
2024 EVENTS
Business of the Year
EMBREY nominated as a 2024 Finalist by the San Antonio Business Journal
Cowboy Breakfast
Kicked off rodeo season with breakfast tacos & cowboy boots
February
ULI 15th Annual Golf Tournament
The sun and moon aligned for EMBREY’s 50th anniversary
50th Anniversary Logo Reveal
Named a Best Place to Work by the San Antonio Business Journal for another year!
Kicking off EMBREY’s 50th year with a birthday bash 50th Birthday Bash
2024 EVENTS
SNIPSA 17th Annual Race for the Rescues 5K
“Best in Mixed SponsorBreed”
Helped raised over $215,000 for San Antonio’s homeless animals
Corporate Office Family Day at SeaWorld
A warm thanks to our subcontractor partners Halloween
RegionalCelebrationsHoliday Building Together
Celebrating 50 Years of Excellence
DECEMBER 12, 2024 | WITTE MUSEUM
Business partners, investors and team members gathered for a night of celebration which included the premier of the 50th Anniversary video, entertainment and dancing through the decades.
50TH ANNIVERSARY VIDEO
future forward
Anniversaries appropriately honor the achievements of the past.
Equally as important, anniversaries open a door that invites us to build upon legacy and success as we look ahead and envision our future pathways.
Walter Embrey, Jr.’s original vision in 1974 created opportunity for team members, investors, business partners, residents and communities to join his journey toward creating places where people want to be.
From commercial real estate projects to multifamily designs that created a sense of place and home, EMBREY made an enduring mark on 50 years of real estate history in Texas and an array of states including Arizona, Arkansas, Colorado, Florida, Illinois, Indiana, Kansas, Maryland, Tennessee and North Carolina.
When Trey rejoined EMBREY in 2010 and became President and CEO in 2017, his mission was to guide the company’s adaptation in a rapidly changing real estate
environment across a spectrum of new economic, digital and human resource imperatives.
“Trey’s job was really to translate a legacy of success into a strategy and plan for the next 50 years,” says Walter.
An essential part of that “future forward” strategy includes a renewed invitation to old friends and a new generation of team members, investors, business partners, residents and communities to be part of the journey.
Our five decades of success are built on a “strong network of valued relationships,” says Trey. “We’ve learned that these relationships are as much a part of the formula of our success as innovative design, craftsmanship, attention to detail and always doing the right thing. As EMBREY looks ahead to the future, we invite everyone who’s been part of our journey—and those who want to be—to join us in building what’s next.”
q1 2025 celebrations
Corporate Services
Team Member accomplishments
ANDERS HAUG
Senior Corporate Accountant Accounting
Anders Haug, Senior Corporate Accountant, received his CPA certification.
CAMILA ALBA
Training Administrator People Services
Camila Alba, Training Administrator, achieved an SHRM-CP certification for Human Resources Management Professionals.
JACLYN RODRIGUEZ
Senior Construction Accounting Manager Corporate
Jaclyn Rodriguez, Senior Construction Accounting Manager, graduated in 2024 with an Accounting degree.
TRAVIS HOPPER
Senior Estimator
Pre-Construction & Estimating
Travis Hopper, Senior Estimator, completed graduate school at the University of Alabama.
MALLORIE MORENO
Senior Corporate Accountant Corporate
Mallorie Moreno, Corporate Accountant, passed her CPA exam.
VERONICA BAZAN
Property Accountant Accounting Services
Veronica Bazan, Property Accountant, graduated from Texas A&M University - San Antonio in December 2024 with a Bachelors degree in Accounting.
2025 Next Generation Leaders
SUCCESS THROUGH OUR PEOPLE | CLASS OF 2025
The Next Generation Leaders program at EMBREY is a yearlong initiative for managers and above who are committed to personal and professional growth. Limited to 12 participants, the program features a structured curriculum covering values, vision, strategy, team building and more. Sessions, held at the 7600 Broadway corporate office, include lea dership content from SummitTrek Coaching and progressive learning models to support career advancement.
ANNA ZIEGLER
Director of Risk Management Finance
JACLYN RODRIGUEZ
Senior Construction
Accounting Manager
Construction Accounting
BRITTANY RUHMEL
Investments Marketing Manager Investments
JACOB NEWTON
Construction Accounting Manager
Accounting Services
HORTENCIA MORALES
Finance Associate Finance
Senior Regional Manager
EMBREY Management Services
MISTY MINGO
Project Manager
Field Construction
Controller of Property Accounting Accounting Services
Assistant Project Manager
Field Construction
Project Manager
Field Construction
Development Manager Development
Senior Regional Manager EMBREY Management Services
PAUL WALKER
TRICIA ALEMAN
STEPHEN EDWARDS
OMAR RIVERA
NUBIA SANCHEZ
NATHAN CHEW
q1 2025 milestones
TOPPING OUT AT COLLECTION HUNTER CROSSROADS!
EMBREY’s build-to-rent community in Fort Worth, TX—Collection Hunter Crossroads officially topped out in February! This achievement marked the completion of framing and brings us one step closer to delivering high-quality homes to future residents.
A special thanks to our incredible subcontractor partners whose dedication and expertise continue to make this project a success.
Team EMBREY responsible for coordinating the event:
Carey Want, Cliff Waldrop, Mark Brandenburg, Morgan Baize, Ronald Linares, Ross Bedgood and Xavier Ibarra
To learn more about this property, visit: www.collectionhuntercrossroads.com
CONSTRUCTION COMPLETION & LEASING MILESTONE FOR HENSLEY AT THE DISTRICT!
Construction was officially completed for Hensley at The District in Centennial, CO in February! Nestled just south of downtown Denver, this premier community is at the center of The District—a vibrant 36-acre mixed-use destination with walkable access to top employers, fine dining, shopping and entertainment. With breathtaking Rocky Mountain views and seamless connectivity to Park Meadows, I-25 and RTD’s Dry Creek Station, Hensley offers a true live, work, play lifestyle.
We’re also celebrating a major leasing milestone—Hensley has already surpassed 25% leased and is close to achieving their next leasing target!
A huge thank you to our construction, development and property management teams for their dedication to this project: Amanda Garza, Ary Vargas, Gloria Henry, Hayden Boster, Helena Finley, Jacob Shalley, Jeff Welter, Jennifer Louth, Jennifer Sal guero, Lisa Keskin, Mario Rico, Nathan Henry, Neil McCready, Samantha Gonzales, Steve Brown and Tye Burch
Congratulations, Team EMBREY, on these achievements!
To learn more about this property, visit: www.thehensley.com
Hensley at the district | Centennial, Co
CONSTRUCTION MILESTONES REACHED FOR TWO EMBREY COMMUNITIES!
In February, Finley on The Green in Charlotte, NC, and Seven Oaks in Phoenix, AZ, reached two exciting milestones—leasing offices were officially opened and first units were delivered! These achievements mark the start of welcoming future residents and continuing to bring these communities to life.
Congratulations to everyone who contributed to reaching this phase!
Finley on The Green Construction Team:
Eddie Wright, Frank Leija, JD Ramseur, Juan Riveros, Julia Alejandra Garcia-Martinez, Kevin Radack, Nathan Green, Netty Martinez, Nita Bryant, Scott Peterlin and Tyler Andres
Seven Oaks Construction Team:
Celeste Rodriguez, Donny Malles, George Ryan, Joaquin Gastelum, Madison Caron, Nate Blanchard, Ozzy Tellez, Ricardo Hernandez, Seth Stephenson, Shan Falleur, Simon Cuadra and Yancey Hayes
To learn more about these communities, visit: www.liveatfinley.com www.livesevenoaks.com
A LEASING MILESTONE ATTAINED FOR EMBREY’S RESIDENTIAL COMMUNITY IN NEW BRAUNFELS, TX!
Collection at Gruene is now 95% leased! This thoughtfully designed build-to-rent community blends modern living with timeless Hill Country charm. With high-end finishes, top-tier amenities and a prime location near the Guadalupe River and Gruene Hall, it’s no surprise future residents are eager to call Collection at Gruene their home.
A special thanks to Korinda Serna and Ashley Lowenberg, along with our entire Collection at Gruene team, for their dedication in reaching this milestone. Your hard work makes all the difference !
To learn more about this property, visit: www.collectiongruene.com
Finley on the Green Rendering | Charlotte, NC
Seven Oaks Rendering | Phoenix, AZ
Keys to Success: 25 Years of Property Management Excellence
EMBREY reaches its fullest potential when residents choose to move into our multifamily communities and call them home.
This year, EMBREY Management Services celebrates 25 years of providing best-in-class service for residents and for our third-party clients who ask us to manage their communities. Our teams are known for managing, maintaining and providing leasing services as if we live there ourselves. Year after year, our properties are nationally recognized as being among the best in the industry.
“For our EMS team, The EMBREY Way is not just a slogan or a set of values gathering dust on a shelf ,” says Allyson McKay, Managing Director and Executive Vice President of EMBREY Management Services. “ It’s something we live every day—focusing on the details and staying dedicated to making the places we create truly feel like home. ”
2024 THE EMBREY WAY awards
DECEMBER 19, 2024
The EMBREY Way Award is an internal, peer-nominated award, that recognizes team members who exemplify going above and beyond and doing the right thing.
Arturo Loera Project Manager Heartwood at Vermillion Huntersville, NC
Jeff Jones Senior Development Manager Development San Antonio, TX
Cheyenne Walker Senior Accounts Payable & Treasury Specialist Accounting Services San Antonio, TX
Jessica Kelly Vice President of Operations & Support Services EMBREY Management Services
San Antonio, TX
Cliff Waldrop Project Manager Collection Hunter Crossroads Fort Worth, TX
Michelle McKnight Community Manager Pinnacle on Wilcrest Houston, TX
EMBREY Corporate Support Committees
EMERGENCY RESPONSE TEAM COMMITTEE
This team, led by Anna Ziegler, is part of our commitment to ensuring the safety and well-being of our team members, guests and stakeholders at our corporate office. Members of the E MBREY Emergency Response Team will receive training in CPR, First Aid and AED use, equipping them to provide immediate assistance during emergencies.
Allison Hockersmith | Office Administration
Alma Nicholson | Construction
Anna Ziegler | Finance
Ben Cloutier | Finance
Camila Alba | People Services
Dora Cardenas | Accounting
CULTURE CLUB COMMITTEE
Garrett Fox | Development
Iliana Morales | Development
Rich Brinkman | Construction
Taylor Brown | EMBREY Management Services
Trent Aukerman | Investments
This group, led by Brittany Ruhmel, is committed to building and sustaining a positive workplace culture by promoting team member engagement, collaboration and alignment with organizational values. The key 2025 goals include establishing new ways to build positive working environments for Team EMBREY.
Alma Nicholson | Construction
Ashley Hodge | Communications & Brand Management
Brittany Ruhmel | Investments
Gabe Garcia | People Services
Hortencia Morales | Finance
Jennifer Callender | Accounting
Jessica Cortez | People Services
Melissa Hayes | EMBREY Management Services
Mica Schnieder | Investments
Samantha Gonzalez | Development
STANDARD OPERATING PROCEDURES COMMITTEE
Dedicated to creating, updating and standardizing procedures, this committee aims to enhance operational consistency and efficiency across all areas of the organization. Led by Camil a Alba, the team is focused on streamlining workflows and ensuring every department operates under clear, well-documented guidelines to reduce redundancies and improve overall performance.
A primary focus for 2025 will be the successful launch of a centralized SOP database. This database will serve as a comprehensive repository for all critical procedures across every EMBREY department, ensuring team members have quick and easy access to standardized processes. This effort will not only support seamless cross-departmental collaboration but also strengthen compliance, onboarding and training efforts company-wide. EMBREY is taking a significant step toward fostering a more structured, efficient and collaborative workplac e.
Ashley Hodge | Communications & Brand Management
Danielle Saldivar | People Services
Hunter Scott | Investments
Jake Tovar | Technology Services
Jessica Cortez | People Services
Jessica Kelly | EMBREY Management Services
Linda Peddy | Accounting
Liz Fancher | Accounting
Margaret Sandoval | Finance
Patsy Wells | Finance
Penny Benavidez | Communications & Brand Management
Samantha Gonzalez | Development
project 50plus
A PROJECT SO BIG, IT DESERVES ITS OWN LOGO!
Chief Financial Officer, Rod Riordan; Vice President of Accountin g Services, Liz Fancher and the Accounting Services team are leading the charge on Project 50Plus , a major initiative to replace SAGE300 with a more robust Enterprise Resource Planning (ERP) system. This marks one of EMBREY’s largest technology investments to date—more than $1 million—requiring significant time, dedication and collaborat ion from team members to streamline financial information across Developm ent, Construction, Investments, EMBREY Management Services and Corporate, for years to come.
WHY THE UPGRADE?
EMBREY has selected Yardi, a platform already used by our EMBREY Management Services division, to enhance efficiency, improve data integration and create a seamless experience across all accounting and operational functions. To ensure a smooth transition, we’ve partnered with Real Foundations, a real estate technology firm we’ve succe ssfully worked with in the past.
WHAT’S NEXT?
This 9-12 month project will roll out in phases:
• Phase 1: Fit Test | Complete
• Phase 2: Design & Build | Next 6 Months
• Phase 3: System Migration | Targeting October
• Phase 4: Full Integration with Systems | 2026+
By the end of Phase 4, all existing applications—including Procore— will be fully integrated, ensuring a powerful and cohesive finan cial management system.
This strategic upgrade isn’t just about today—it’s about EMBREY’s success for the next 50Plus years. For any questions, reach out to liz.fancher@embrey.com.
Share Your story
We want to celebrate YOU in our next quarterly newsletter! Submit your team outings, professional achievements, personal milestones, volunteer events and division/property successes.
Email marketing@embrey.com and let’s showcase the incredible things happening across EMBREY!
