Est. 1998 • Southlake, Texas
$1 billion in Texas and Southeast real estate. Five asset classes. One vertically integrated platform.
Where It All Started
The Rio Motor Hotel was a 1950s Fort Worth vibe machine that served pure mid-century style. Located right on Camp Bowie Boulevard, it was the ultimate roadside hotspot for travelers back in the day.
For the Karmalis, the Rio was the first hotel / motel — the beginning of the family’s hospitality story and the place where it all started.
Signature Environments
From hospitality courtyards to residential amenity decks, Karmali creates outdoor environments that increase dwell time, tenant satisfaction, and long-term asset value.
See Featured ProjectsOur Platform
We manage every stage of the development cycle—entitlement, construction, delivery, and operations. One point of contact. One accountable partner.
Investment Focus
Lenders, investors, and land owners—we are actively seeking new partnerships across Texas and the Southeast.
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