Michael Novelli serves as the Managing Director and President of Cypressbrook Company in The Woodlands, Texas since 1996 where he is responsible for the coordination of the company’s development teams, capital transactions, brokerage efforts, and equity financing activities. Since starting the company, he has been the general partner or co-general partner in over a half billion dollars of real estate projects generating a 22% per annum IRR portfolio-wide when equally weighing each project and has never lost money on any investment. Since 2010 he has in the general partner or co-general partner in over thirty-two apartment acquisitions or new-builds. Prior to founding Cypressbrook Company, Mr. Novelli served as a Principal with a Houston-based private equity company, where he served on the board of directors for several portfolio companies. From 1985 through 1994, Mr. Novelli was employed by the Trammell Crow Company. During his tenure at Crow, Mr. Novelli rose from Marketing Representative to Project Partner to Managing Director. He participated in retail, industrial, office, and land projects in a variety of functions: development, marketing, financing, construction and property management. At the time of his departure from Trammell Crow Company, Mr. Novelli was a Managing Director in the Chicago office. Mr. Novelli received his Bachelor of Arts, cum laude, in Economics from Rice University in 1979 and his Master of Accounting from the Jesse H. Jones Graduate School of Administration at Rice University in 1980. While at Rice he was a two-time All American: Crosscountry in 1977 and Track (5000M) in 1978. He also received his Masters of Arts in Economics from Cambridge University, England in 1982. In his spare time, Mr. Novelli participates in local triathlons with his wife and three daughters and serves as an elder at WoodsEdge Community Church.