Per Austin Business Journal, Former UT, NFL quarterback Colt McCoy launches real estate career in Fort Worth, Texas

 Former UT, NFL quarterback Colt McCoy launches real estate career in DFW

He'll lead Fort Worth office of Austin-based firm with aspirations to do it all

Former UT, NFL quarterback Colt McCoy launches real estate career in DFW. Jan. 7th 2025

Former Texas Longhorns quarterback Colt McCoy is getting into commercial real estate.

HPI

Bill Hethcock

By Bill Hethcock – Managing Editor, Dallas Business Journal

Jan 7, 2025


Former University of Texas and NFL quarterback Colt McCoy is launching a commercial real estate office in Fort Worth for Austin-based HPI.

The Fort Worth office is scheduled to open this month, and McCoy is working to recruit its initial team, the former Longhorn standout, two-time Heisman Trophy finalist and 14-year National Football League QB said in an interview with Dallas Business Journal.

It’s too soon to reveal the address of the Fort Worth office, but he expects an announcement soon.

"This presents a lot of opportunities for me to build my own business and to be challenged and to compete," said McCoy, a partner at HPI Real Estate Services & Investments. “This is really exciting for me and for my family. It's a totally new career path, but I'll be able to do this a lot longer than I played football. I've got a lot to learn, but I certainly feel like the folks that are around me and that will help me along the way and show me the ropes are ones that I'd like to be around every day, so I think it's going to be really fun."

McCoy said the Fort Worth firm will be a full-service real estate platform, handling office, industrial, multifamily and other product types, as well as the spectrum of transaction types from third-party leasing and management to development and acquisition. Industrial leasing will likely be the first to get off the ground, he said.

“We’ll buy, we’ll sell, we’ll develop, we’ll do industrial, we’ll do some multifamily,” he said. “We’ll do it all, over time.”

McCoy’s younger brother, Case, is a partner with HPI’s tenant advisory team in Austin, so he's long been familiar with the firm.

With the Longhorns, Colt McCoy won 45 of 53 starts, still the second-most wins in college football's highest division. He played for five NFL teams before being released by the Arizona Cardinals in August 2023.

"I have had this itch and desire to run my own team and do something a little bit different, be challenged in a different way," he said. "I always really respected the guys at HPI. I’ve had a great relationship with them throughout the years."

HPI was founded in Austin 1992 with four employees and has grown to more than 200 employees in Austin, Dallas, Houston and San Antonio, serving roughly 900 clients.

The Dallas office, started in 2016, has about 80 employees and the aim is to build a similar size office in Fort Worth over the next several years, said Hunter Lee, HPI partner and senior managing director. Lee hopes to have 10 to 15 people in Fort Worth by the end of 2025.

Fort Worth has always been of interest to HPI, but finding the right leader who was committed to the community was the priority, Lee said. He called McCoy “the ideal leader.”

“I’ve never met anyone more ‘as advertised’ than Colt – as a person, as a father, and as a man of faith,” Lee said in a statement. “He’s honest, community-minded, and wants to make an impact in planting the HPI flag in Fort Worth.”