Author Topic: State Agency Paid Millions in Real Estate Lease to Speaker Phelan’s Company  (Read 258 times)

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Offline Elderberry

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Texas Scorecard by  Robert Montoya and Kristen Stanciu February 16, 2024

$2.3 million in state taxpayer monies was paid from 2017 to 2023.

State taxpayers, through the Texas Department of Health and Human Services, paid millions in rent to a company of which Speaker of the Texas House Dade Phelan is a manager and director.

The Phelan family is in the real estate business.

A March 2022 Southeast Texas Refined article called them “one of the founding families of SETX Commercial Real Estate.” The article contains a photo of Mark, Lan, and Dade Phelan. A search found the speaker himself as well as M.A. Lan Phelan II, Michael A. Phelan, and Mark Phelan on the website of Phelan Investments. Located in Beaumont, Texas, this company describes itself as “a private, fourth generation, diversified investment firm” that focuses on “the development and operation of investment real estate, oil and gas properties, and other equity investments.” Included as part of their real estate portfolio are shopping centers, apartments, office buildings, and commercial properties.

3105 Executive, LLC is another Phelan company. A 2023 Public Information Report from the Texas Comptroller reports Dade Phelan as a manager and director, alongside M A Phelan, M A Phelan II, Mark Phelan, and Michael A Phelan.

Through a Public Information Act request, Texas Scorecard obtained multiple Texas Health and Human Services Commission (HHSC) purchase orders that show lease payments to 3105 Executive, LLC. One of the purchase orders identifies 3105 Executive as in the care of Phelan Investments. A search of Phelan Investment properties found a building for warehouse or office use at 3105 Executive Blvd in Beaumont, Texas.

A search of the address confirmed that Texas Health and Human Services has an office at this property

More: https://texasscorecard.com/investigations/speaker-dade-phelans-company-made-millions-off-taxpayers/

Offline Bigun

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