Meet Kip Lewis: Founder of Lewis Investments
Kip Lewis is a prominent real estate investor and entrepreneur, known for his significant contributions to the development and revitalization of various communities in Central Texas. Over the past three decades, Lewis has played a key role in shaping the landscape of the region through his ventures, most notably as the President and Owner of Lewis Investments.
Early Life and Career
Little is known about Kip Lewis’s early life, but in 1992, he founded Lewis Investments, marking the beginning of a successful and impactful career in real estate. During the 1990s, Lewis undertook ambitious projects, establishing two RV/MH (Recreational Vehicle/Manufactured Housing) communities in Georgetown and Pflugerville, Texas. These communities, comprising over 800 mobile sites, were developed from raw land that Lewis acquired and entitled for construction.
Contributions to Historic Round Rock
In a strategic move, Lewis expanded his influence to the historic downtown area of Round Rock, purchasing a historic office property on Main Street. His decision was influenced by the city’s declaration of the downtown area as a historical development zone. Subsequently, Kip Lewis became the President of the Round Rock Downtown Business Owners Association, where he collaborated with fellow business owners, engineers, and architects to propose and implement restoration efforts that have left a lasting impact on the area.
One of Lewis’s notable contributions to Historic Round Rock was the development of the Main Street Grill Restaurant at 118 Main Street in 1999. The upscale dining establishment operated successfully for 18 years, hosting numerous high-profile business professionals.
Lewis Investments
Founded in 1992, Lewis Investments is approaching its 30th anniversary as a prominent player in the real estate investment sector. The company is recognized for its commitment to building lasting relationships within the professional community, grounded in mutual respect and trust. Lewis Investments has consistently maintained high building standards in the construction industry, preserving long-term investments for eventual sale to clients.
As part of its commitment to community initiatives, Lewis Investments actively contributes resources to address the homelessness problem in Central Texas. The company’s ongoing success has allowed it to pursue and support various community initiatives.
In a notable financial transaction, Lewis Investments reached a $17 million refinancing deal with JLL (Jones Lang LaSalle) on January 21, 2021. JLL, a Fortune 500 company specializing in professional financial services, provided Lewis Investments with a non-recourse loan featuring a fixed interest rate over the next decade. The deal also included the acquisition of a T-bill with an annual percentage rate of 2.77 percent, a historic low. This refinancing opportunity was a crucial step for Lewis Investments, allowing them to enhance their financial position and continue serving the real estate investment communities in Austin, Round Rock, and other areas of Central Texas.
Kip Lewis and his dedicated team express gratitude for this recent refinancing opportunity and remain committed to contributing positively to the real estate landscape in Central Texas.
