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Meet Armistead Burks of Burloc Development Company in Central

Today we’d like to introduce you to Armistead Burks.

Mr. Burks received his BA in chemistry at Grinnell College and his MBA from the Jones Graduate School of Business at Rice University in 2005. He currently owns his own real estate development & consulting company, Burloc Development Company (www.burlocdevelopment.com).

Prior to working full-time at his own firm, he worked as a Real Estate Representative for Chevron handling acquisitions, disposition and the management of the environmentally-impacted property. His real estate development career started with a paid summer-internship, while at Rice, with the non-profit Avenue Community Development Corporation (Avenue CDC). That experience, along with the independent studies he created, during his second year with David Weekly Homes and Wulfe & Co., lead to him landing his first permanent position at Friendswood Development Company/Lennar Homes in acquisitions.

We’re always bombarded by how great it is to pursue your passion, etc – but we’ve spoken with enough people to know that it’s not always easy. Overall, would you say things have been easy for you?
One of the biggest challenges was when the Houston housing industry tanked in 2006/2007. While I was working at my first full-time development position, as an acquisitions manager, the company was demoting Division Presidents to manager positions. Thus, I was about to lose my job. I was encouraged to turn in my resignation letter, even though I hadn’t found another job. Simultaneously, I was in the process of obtaining financing for my first independent development project. Within an hour or two of me turning in my resignation, I received a call for an interview. This was one of the biggest tests of my faith and God has never let me down.

We’d love to hear more about your business.
Burloc Development Company streamlines the real estate development process from start to finish. Development, consulting and construction are our three primary services. Whether you are needing to convert an existing property or wanting to build from the ground-up, we have the professional resources and knowledge to get the project completed within budget and on-time.

We specialize in building custom residential projects and homes. What sets us apart from others is the level of detail and care our architects, interior designers and general contractors bring to each project. We only deliver clients’ projects we would want to call our own.

Has luck played a meaningful role in your life and business?
There is the saying, “luck is when preparation meets opportunity.” I definitely believe I have been blessed to have been placed in opportunities that have prepared me to be a developer. I never take for granted the opportunities God has allowed me to experience, so I work extremely hard. There are so many individuals who would give everything they have to be an alumni from the Rice University MBA Program. Thus, I live by, to who much is given, much is required.

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