Medical Facility Development, Medical Real Estate Solution, Construction Management | Dallas Austin Texas

Our Principals

A. Calvin Axtell

Diverse Experience
Calvin has over 30 years of diverse real estate development, finance, and equity investment. Mr. Axtell has participated in the development, finance, acquisition, and disposal of more than $2.0 billion in real estate assets.


Financial Structuring
Mr. Axtell has been a principal of Veritas Medical Properties, LLC since its inception. He works with facility occupants  to design, finance, and develop facilities that meet their specific business needs. During his 20-year career at the credit subsidiary of a Fortune 200 company, Mr. Axtell managed the corporate facilities development team and provided advisory services to real estate developers, owners, and equity investors in the acquisition and development of real estate projects. This work included equity placement and lessee credit analysis that focused on single tenant net lease property development or acquisitions.


Investment Projects
As Executive Vice President of the credit subsidiary, Mr. Axtell founded the company's Real Estate Services Group. He led this group in investing over $200 million of equity in projects totaling in excess of $1.5 billion of assets. In addition to leading the Real Estate Services Group, Mr. Axtell handled portfolio management and workouts for the Corporation’s Properties Group and Savings and Loan. He and his team managed and liquidated $400 million of assets in these two companies.


Commercial and Apartment Leasing
Calvin was owner and President of a multi-family development company and a multi-family and commercial property management company. His company managed and leased over 2 million square feet of commercial space and 2,000 apartment units. This business was sold to a multinational public company.

Calvin is a graduate of the University of Texas.

Contact Calvin Axtell at caxtell @ veritasmedproperties . com.

Stephen R. Cole

Extensive Experience
Steve Cole has over 27 years experience in commercial real estate development, acquisition, construction and property management of properties totaling over 60 million square feet.


Property Development
As a co-owner of Veritas Medical Properties LLC, Mr. Cole manages the team that designs, develops and constructs medical properties. For six years with a publicly traded Real Estate Investment Trust, Mr. Cole acted as Director of Development, and was directly responsible for over $400 million of commercial development and $200 million of acquisitions. His development responsibilities included building a department at a company with no prior development experience into the first developer to break ground on a multi-tenant high-rise office building in downtown Houston since 1986.


Sales and Asset Management
For ten years, Mr. Cole worked for a national property development and management company where he became a Senior Vice President and was responsible for the asset management of 36 million square feet of Class A office space. He managed a staff of over 300, including 45 property managers in twelve states. Steve also played the key role in developing the company’s third-party management business which grew from a start-up operation to a portfolio of over 10 million square feet in three years. He was integral in selling and servicing a major facilities management contract of 4 million square feet in over 400 locations for a top five banking organization that included developing a comprehensive facilities management program.


Mixed-Use Property Management
While with a local investor in Houston, Texas, Steve managed all aspects of a 1.3 million square foot mixed use development that included office, retail, and a Four Seasons Hotel.


Steve holds a BFA from the University of Texas at Austin and is recognized by the Institute of Real Estate Management as Certified Property Manager, and is a licensed real estate salesman.

Contact Steve Cole at