Over 20 Years of Investing in Multifamily Real Estate.
Meet the Team
Luis Frias, CAM
Founder & Principal
2025 San Antonio Apartment Association Independent Rental Owner of the Year
2026 San Antonio Apartment Association Education Committee Chair
Luis Frias leads CalTex Capital Group with a disciplined, investor-first approach that has delivered strong performance across $184M+ in assets and 900+ units throughout the Texas Triangle.
Since earning his real estate license in 2015, Luis has evolved from brokering multifamily sales to becoming a recognized leader in multifamily operations. His transition from broker to owner-operator was driven by a clear vision: to create investment opportunities that prioritize transparency, operational excellence, and long-term value creation.
Award-Winning Leadership
Luis's commitment to excellence and industry leadership has been recognized through multiple awards, including being named the San Antonio Apartment Association's Independent Rental Owner of the Year for 2025. He currently serves as the 2026 Chair of the San Antonio Apartment Association's Education Committee, where he helps shape industry standards and professional development across the San Antonio multifamily market.
Ryan Ketchum
Principal & Partner
Ryan Ketchum brings a powerhouse of engineering expertise to CalTex Capital Group, with a career foundation built on nearly 18 years of construction engineering and project management excellence. His professional journey began at California State Polytechnic University-Pomona, where he earned his Bachelor's Degree in Construction Engineering Technology.
Since entering real estate in 2015, Ryan has evolved from construction engineering into a recognized leader in multifamily acquisition and development. His transition from heavy civil construction to property development was driven by a clear vision: to leverage his deep technical expertise to create high-performance real estate investments that deliver consistent returns for investors.
Engineering Excellence
Ryan's command over complex infrastructure projects exceeding $3 billion has been honed through managing diverse portfolios, including underground infrastructure for commercial and residential developments with warehouse space reaching over 6 million square feet, and a sprawling 1,500-unit development including apartments, townhouses, and single-family homes in Ontario Ranch. His extensive background spans $600M power plant construction, municipal public works projects, and large-scale land development throughout Southern California. This engineering foundation provides CalTex with unparalleled insight into property due diligence, rehabilitation planning, and value-add execution.
About CalTex Capital Group
We specialize in multifamily real estate investments, offering tax-advantaged diversification and above-market returns with reduced volatility.
With over 20 years of experience, we handle every aspect of asset management, providing steady cash flow and growth without the hassle of property management.
Our data-driven approach and operational expertise ensure attractive, risk-adjusted returns for our passive investor partners.
Let CalTex be your trusted partner in building wealth and achieving financial security.

