IBI specializes in the design and development of market rate and affordable multi-family and senior communities. With the assistance of its in-house design team, IBI continuously strives to develop a high quality, sustainable product that is indistinguishable from market-rate multi-family communities in surrounding neighborhoods.
IBI locates prime real estate in good locations, develops the property, and designs and constructs an innovative product that will be attractive to potential residents in order to deliver a better-than-market rate return on investment for our investors.
We are principally engaged in real estate investment, development, and construction throughout Texas, New Mexico and Arizona. IBI and its principal have been actively involved in multi-housing development since 1978.
Investment Builders Inc. is one of the leading tax credit development companies in the state of Texas and El Paso. The company has developed and built over 8000 units in total with over 2500 units (over 30 developments) in the city of El Paso and has been recognized by the Texas Department of Housing and Community Affairs. Ike J. Monty, President, has been actively involved in housing developments for over 42 years and is a native El Pasoan. He began his career in business in 1978 and has since been involved in over one billion dollars of construction work.
Ike J. Monty and IBI’s senior executives involve themselves in a variety of local and national organizations, staying connected to the community. Monty is a former board member of the Medical Center of the Americas Foundation, the Texas Affiliation of Affordable Housing Providers, the El Paso Country Day School, and the El Paso Diabetes Association. Monty has also served as a public interest director for the Federal Home Loan Bank of Dallas.