Few leaders embody the long view of real estate development like Al Karmali. A second-generation developer with more than 25 years of hands-on experience, Karmali has helped shape the Dallas–Fort Worth landscape through strategic vision, disciplined execution, and an ability to navigate complex capital structures.As President and CEO of Karmali Holdings, Inc. and its affiliated entities, his leadership reflects a legacy that began when his family entered the hotel industry in 1978 and continues today with a focus on sustainable, community-driven growth. Founded in 1998, Karmali Holdings has evolved into a vertically integrated real estate platform with over $1 billion in transactions across Texas and the Southeast. With in-house construction through MTX Construction and hospitality management via MTX Hospitality, the firm delivers single-source accountability from concept to long-term operations—an advantage that resonates with lenders, investors, and municipalities alike. Nowhere is this impact more visible than in Haltom City.Along the NE Loop 820 corridor, Karmali Holdings has delivered the new Holiday Inn Express & Suites and is advancing premium retail and restaurant developments designed to capture regional traffic and complement the forthcoming adjacent Pickleball Kingdom complex and the H Mart mixed-use project. As a recognized partner of the City of Haltom City, Karmali Holdings actively continues to identify future opportunities in hospitality, residential, commercial, retail and mixed-use projects within Haltom City that will strengthen the local tax base, create jobs, and help position the city as a rising destination within the DFW metroplex. MTX Construction, LLC | MTX Hospitality, LLC 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. K karmaliholdingsinc@gmail.com (817) 410-9004 www.karmaliholdingsinc.net Holiday Inn Express and Suites Ft Worth-Haltom City, an IHG Hotel 5040 NE Loop 820, Haltom City, TX 76117 Our recently opened, 125-suite hotel Developed by Karmali Holdings, Constructed by MTX Construction and Managed by MTX Hospitality.
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