ABOUT US

Overview

Vertically Integrated Real Estate Development

Founded in 1998, Karmali Holdings, Inc. serves as the flagship development and investment platform for Al Karmali's affiliated companies, representing more than $1 billion in acquisitions, developments, and dispositions across hospitality, office, industrial, residential, and land assets throughout Texas and the Southeast.

As a vertically integrated real estate organization and full-service development shop, Karmali Holdings and its affiliates manage every stage of the development cycle—from concept and entitlement through construction, delivery, and long-term operations.

Affiliates

MTX Construction, LLC

A licensed and insured general contractor specializing in residential, commercial, and hospitality projects across North Texas.

MTX Hospitality, LLC

A hospitality development and management company focused on branded hotel assets under global flags such as Hilton, Marriott, IHG, and Hyatt.

Core Capabilities

Development

Concept, entitlement, financing, design coordination, and project execution.

Construction

Ground-up delivery, renovations, capital improvements, and cost control.

Operations

Hospitality management, asset oversight, and long-term performance discipline.

Why Us

Trusted by lenders, investors, and development partners

Lenders, investors, and development partners consistently choose Karmali Holdings, MTX Construction and MTX Hospitality for their proven reliability, disciplined execution, and vertically integrated structure.

  • On-time, on-budget delivery
  • Transparent cost tracking and reporting
  • Licensed, insured, OSHA-certified workforce
  • Deep partnerships with lenders, investors, developers, and hospitality brands

Portfolio & Track Record

Karmali Holdings has delivered 35+ hotel projects, evolving from economy brands to premium developments with Hilton, Marriott, IHG, and Hyatt. The platform currently manages over 630 hotel keys, with a pipeline expected to exceed 1,100 keys in the near term.