Our Portfolio

Sponsored Deals

Units under management

Investors

Acres in development

Active

Ventura North

42 units
Austin, Texas
Purchased: April 2021
Purchase Price: $4,700,000
Business Plan: Cosmetic uplift

Ventura South

44 units
Austin, Texas
Purchased: July 2021
Purchase Price: $4,400,000
Business Plan: Cosmetic uplift

Casa Verde

384 units
Houston, Texas
Purchased: June 2021
Purchase Price: $35,300,000
Business Plan: Cosmetic uplift

Lockhart Place Townhomes

20 acres / 200 townhomes
Lockhart, Texas
Project Start: June 2021
Project Budget: TBD
Business Plan: Develop & build a family-oriented townhome community

Cadillac Commons

15 acres / 256 apartment units / 43,000 sq ft retail space
Austin, Texas
Project Start: August 2021
Project Budget: $75,000,000
Business Plan: Develop & build a mixed-use community with a Class-A apartment complex and a retail plaza

Royal Sienna

330 units
Missouri City, Texas
Purchased: November 2021
Purchase Price: $71,000,000
Business Plan: Bring rents to market, improve operational efficiencies

Mueller Place

110 units
Austin, Texas
Purchased: January 2022
Purchase Price: $15,900,000
Business Plan: Cosmetic uplift

Villas at Mueller

126 units
Austin, Texas
Purchased: March 2022
Purchase Price: $19,600,000
Business Plan: Cosmetic uplift

The Grove at Mustang Ridge

34 acres
Austin, Texas
Project Start: June 2022
Project Budget: $7,700,000
Business Plan: Develop a residential subdivision, then sell lots to builders

Miller Square

51 units
Austin, Texas
Purchased: July 2022
Purchase Price: $9,500,000
Business Plan: Cosmetic uplift

Spanish Trails

40 units
Austin, Texas
Purchased: July 2022
Purchase Price: $7,500,000
Business Plan: Cosmetic uplift

Limited Partnerships

Total units invested

Acres under development

States invested

Sold

Annual Return: 30% IRR

Leander Springs

78 acres
Leander, Texas
Project Budget: $17,500,000
Purchased: September 2020
Sold: August 2021
Business Plan: Land entitlement 

Annual Return: 29.8% IRR

Green Tree Place

196 units
Houston, Texas
Purchase Price: $14,750,000
Purchased: September 2019
Sold: April 2022
Business Plan: Cosmetic uplift

 

Annual Return: 17.9% IRR

Ridge Point Apartments

168 units
Houston, Texas
Purchase Price: $14,280,000
Purchased: March 2020
Sold: April 2022
Business Plan: Cosmetic uplift

Annual Return: 20.3% IRR

Red Pines Apartments

242 units
Pasadena, Texas
Purchase Price: $17,300,000
Purchased: March 2021
Sold: June 2022
Business Plan: Cosmetic uplift

Active

Kingswood Apartments

198 units
Denton, Texas
Purchased: September 2018
Purchase Price: $17,000,000
Business Plan: Cosmetic uplift

Park Lane

56 units
Houston, Texas
Project Start: September 2020
Project Budget: $13,300,000
Business Plan: Develop & build Class A multifamily units

Live Oak Apartments

162 units
Houston, Texas
Purchased: October 2020
Purchase Price: $13,100,000
Business Plan: Cosmetic uplift

Mainridge Apartments

256 units
Houston, Texas
Purchased: October 2020
Purchase Price: $30,000,000
Business Plan: Cosmetic uplift

Westridge Apartments

264 units
Houston, Texas
Purchased: October 2020
Purchase Price: $31,600,000
Business Plan: Cosmetic uplift

The Spot @ Myra

6.1 acres / 250 units
Farmers Branch, Texas
Project Start: December 2020
Project Budget: $47,010,000
Business Plan: Develop & build Class A senior living facility

Wooded Creek

196 units
DeSoto, Texas
Purchased: November 2020
Purchase Price: $24,300,000
Business Plan: Cosmetic uplift

Chartwell Court

243 units
Houston, Texas
Purchased: December 2020
Purchase Price: $25,850,000
Business Plan: Cosmetic uplift

Haven at Mansfield

8.1 acres / 257 units
Mansfield, Texas
Project Start: December 2020
Project Budget: $44,340,000
Business Plan: Develop & build a luxury Class A midrise multifamily community

Botanica Oak Hills

96 units
San Antonio, Texas
Project Start: January 2021
Project Budget: $24,100,000
Business Plan: Develop & build a Class A multifamily community

The Rail at MLK

1.2 acres / 235 units
Austin, Texas
Project Start: January 2021
Project Budget: $44,500,000
Business Plan: Develop & build an affordable midrise multifamily community near downtown Austin

Cambridge Biotech Lab

0.77 acres / 75,000 sq ft lab space
Cambridge, Massachusetts
Project Start: January 2021
Development budget: $165,700,000
Business Plan: Develop & build a 75,000 sq ft Class A biotechnology laboratory

Gravity II

5.2 acres / 382 units
Columbus, Ohio
Project Start: March 2021
Project Budget: $165,700,000
Business Plan: Develop & build Class A mixed-use community (multifamily, retail)

Lynd Living at the Josephine

2.3 acres / 261 units
San Antonio, Texas
Project Start: February 2021
Project Budget: $60,400,000
Business Plan: Develop & build a Class A multifamily community

Grove Central

5.2 acres / 402 units
Miami, Florida
Project Start: April 2021
Project Budget: $256,900,000
Business Plan: Develop & build a luxury Class A mixed-use multifamily and retail community in the affluent Coconut Grove suburb of Miami

Everson Apartments

6.5 acres / 300 units
Katy, Texas
Project Start: June 2021
Project Budget: $40,000,000
Business Plan: Develop & build a luxury Class A multifamily community

Princeton Luxury Apartments

15.4 acres / 306 units
Princeton, Texas
Project Start: June 2021
Project Budget: $46,200,000
Business Plan: Develop & build a luxury Class A multifamily community

216 New Boston Lab

15 acres / 286,000 sq ft lab space
Woburn, Massachusetts
Project Start: August 2021
Project Budget: $232,900,000
Business Plan: Develop & build a state-of-the-art Class A biotech research laboratory

Eagle View Development

195 acres / 200 lots
Crestview, Florida
Project Start: August 2021
Project Budget: $2,000,000
Business Plan: Entitle 200-400 lots for a high-end single-family residential subdivision. Sell to a builder after development plan is approved.

Hugo Apartments

227 units
Chicago, Illinois
Project Start: September 2021
Project Budget: $24,300,000
Business Plan: Develop & build a luxury Class A multifamily community

Haven at Charlotte

3.4 acres / 369 units
Nashville, Tennessee
Project Start: October 2021
Project Budget: $109,200,000
Business Plan: Develop & build a luxury Class A multifamily community

Heritage Place

105 units
Franklin, Tennessee
Purchase Date: November 2021
Purchase Price: $24,800,000
Business Plan: Cosmetic uplift

1 Southside Park

3.4 acres / 1292 units
Miami, Florida
Project Start: December 2021
Project Budget: $698,000,000
Business Plan: Develop & build An architecturally significant, 64-story mixed-use vertical subdivision, including 1,100+ multifamily units, nearly 200,000 SF of Class A office space, a 189-key Treehouse Hotel, and several high-end amenities in the heart of Miami’s Brickell neighborhood.

Eastpark Apartments

306 units
Madison, Wisconsin
Project Start: November 2021
Project Budget: $66,700,000
Business Plan: Develop & build a highly-walkable, 3 million SF live, work, play multifamily development. This will be a part of a “Next Generation” master development w/ 80 companies and 8,000 employees.

The Summit at Westinghouse

6.5 acres / 227 units
Georgetown, Texas
Project Start: November 2021
Project budget: $38,300,000
Business Plan: Develop & build a Class-A multifamily complex within a 170-acre maser-planned community

Tri-County Mall Redevelopment

75 acres
Cincinnati, Ohio
Project Start: March 2022
Project Budget: $44,800,000
Business Plan: Re-development of a landmark shopping mall in Springdale, Ohio

Myers Corners Self-Storage

1,356 self-storage units
Wappingers Falls, New York
Project Start: April 2022
Project Budget: $27,700,000
Business Plan: Re-development of an industrial property into a Class A climate-controlled self-storage facility managed by national self-storage leader, CubeSmart.

The Langston

204 units
Washington, DC
Project Start: April 2022
Project Budget: $110,600,000
Business Plan: Develop & build a luxury Class-A multifamily mid-rise with 204 luxury apartments, 15,443 SF of retail, and 77 underground parking spaces. The project will be located in Shaw, one of Washington, D.C.’s popular residential areas

 

The Annex of Pullman

9.9 acres / 204 units
Pullman, Washington
Project Start: April 2022
Project budget: $47,300,000
Business Plan: Develop & build a Class-A student housing complex adjacent to Washington State University (WSU)

The District at Celina

10.5 acres / 303 units
Celina, Texas
Project Start: April 2022
Project Budget: $71,000,000
Business Plan: Develop & build a Class-A luxury apartment community

3630 Columbia Ranch

66 units
Columbia, South Carolina
Purchase Date: May 2022
Purchase Price: $5,000,000
Business Plan: Cosmetic uplift

Atlanta Financial Center

914,000 sq ft office space
Atlanta, Georgia
Project Start: June 2022
Project Budget: $330,000,000
Business Plan: Opportunistic off-market purchase and subsequent repositioning of a financial center and iconic centerpiece of Atlanta in an explosive, tech-fueled Sunbelt market.

Wolf Lakes Multifamily

12 acres / 301 units
Georgetown, Texas
Project Start: June 2022
Project Budget: $67,030,000
Business Plan: Develop & build a visionary European inspired multifamily complex with first class amenities in the Wolf Lakes Village master planned community

Dobson Station

6.1 acres / 245 units
Mesa, Arizona
Project Start: June 2022
Project budget: $75,800,000
Business Plan: Develop & build a 245-unit apartment community in Mesa, a rapidly growing / appreciating suburb of Phoenix

Viking Mill Apartments

0.8 acres / 178 units
Philadelphia, Pennsylvania
Project Start: August 2022
Project budget: $47,000,000
Business Plan: Luxury multifamily planned for one of Philadelphia’s most in-demand and desirable neighborhoods, offering market-leading amenities and surrounded by award-winning restaurants and Main Street shopping

Legacy at Denton

15.8 acres / 264 units
Denton, Texas
Project Start: September 2022
Project budget: $60,400,000
Business Plan: Develop & build a 264-unit Class A, garden-style apartment community