ABOUT US

OVERVIEW

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. This end-to-end structure ensures lenders and investors benefit from single-source accountability, efficiency, and performance control across all phases of development.


AFFILIATES


MTX CONSTRUCTION, LLC A licensed and insured general contractor specializing in residential, commercial, and hospitality projects across North Texas. MTX Construction delivers excellence in ground-up development, design-build delivery, renovations, and capital improvement programs, maintaining rigorous standards of quality, safety, and cost control.

MTX HOSPITALITY, LLC A hospitality development and management company focused on branded hotel assets under global flags such as Hilton, Marriott, IHG, and Hyatt. MTX Hospitality delivers exceptional guest experiences and maximizes asset value through performance management, brand coordination, and operational discipline.

Together, these entities form a “soup-to-nuts” real estate platform, providing end-to-end capabilities from site acquisition and financing through construction, operations, and long-term management.


CORE CAPABILITIES

  • General Contracting (Ground-up, Renovations & Repositioning)

  • Design-Build & Preconstruction

  • Hospitality Development & Operations Integration

  • Permitting, Brand Standards & Compliance

  • Entitlement & Pre-Development Support

  • Construction Management – Budget Management, VE, Cost Control, QA/QC

  • Regulatory Compliance & Safety (OSHA 30 Certified Supervisors)

WHY US

Lenders, investors, and development partners consistently choose Karmali Holdings, MTX Construction and MTX Hospitality for their proven reliability, disciplined execution, and vertically integrated structure. The firm’s financial strength, operational discipline, and reputation for excellence have made it a trusted partner in the successful delivery and management of high-quality real estate and hospitality projects. 


Key advantages:

  • Proven Track Record: Consistent history of on-time, on-budget project delivery supported by detailed scheduling, reporting, and accountability.

  • Financial & Operational Discipline: Strong fiscal management, transparent cost tracking, and performance oversight protecting lender and investor interests.

  • Qualified & Insured Expertise: Licensed, insured, and OSHA-certified workforce ensuring compliance, safety, and superior craftsmanship.

  • Established Industry Relationships: Deep partnerships with institutional lenders, private investors, developers, and top 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. Beyond hospitality, the company’s portfolio includes office, industrial, residential, and mixed-use developments, positioning Karmali Holdings as a versatile and trusted partner capable of executing complex, large-scale projects with precision and integrity.