GP, 320 unit Multifamily(New Construction)

This 320 unit new construction apartment complex in Avondale is a modern Class B development ideally located within the keystone business community in Phoenix’s flourishing West Valley. Located in the #1 Fastest Growing County in the nation four years in a row. Phase 1 of the project is fully subscribed. Phase 2 currently is open for commitments and funds. Construction started in May 2022.

GP, 4-plex project

Botanica Chase Hill is a new construction Class A boutique luxury fourplex community. The project is nestled between the 600 acre campus of University of Texas San Antonio (UTSA) and 2 million square feet of upscale Shops at La Cantera. Syndication is fully subscribed but we are working with investors who are interested to purchase fourplexes directly from us in early 2023.

GP, 4-plex project

Our second boutique fourplex project launched mid-2020. Park Lane Houston is a collection of park-frontage, branded, designer Class-A multifamily residences, in the heart of one of Houston’s fastest urban growth corridors, Project fully subscribed for syndication, open for investors to pre-purchase fourplexes directly from us, and delivered at completion. 1031 eligibility starts mid-2022.

LP, 167 unit multifamily

https://www.kingscove-apts.com/

LP, boating marina

NNN, Industrial

GP, 240 unit Multifamily

New stunning ground-up 240-unit A class property in high-growth sun-belt metro Mesa, AZ. Received approval from planning and city council. The project is fully zoned and entitled. Our appraisal (required for loan) came in at a whopping $80M – so investor equity has grown significantly since land purchase. Ground-up construction commenced Q2 2021 with Project completion by the end of 2023.

GP, 859 storage units

Our first self-storage project, Storage Depot is a 718 unit value-add storage facility with adjacent land for expansion. We have rebranded and repositioned it as a green facility by adding two solar arrays to power the entire complex, more climatized storage units, and RV parking. Construction completed in early 2022 and project issued distributions throughout. Property sold in 2022 with extremely high returns at double what was originally projected.

LP, 120 unit multifamily

GP, 66 unit Multifamily(New Construction)

Equinox Idaho Falls is our first new construction townhome community based in Idaho Falls. It is a Class B, 66 unit four-plex community in an appreciating, desirable residential neighborhood. It is next to shopping, schools, services & employment centers. Neal and Anna will hold 25%+ of this community personally. In late construction, Phase 1 delivered and occupied with the rest completing in early 2023. Fully Subscribed.

LP, 262 unit class C multifamily

LP, 113 units Class B multifamily

GP & LP, 120 unit multifamily

Acquired in September 2020, our first property in Greenville, SC was a 120 unit property in a stable growth area with cumulative effective rent growth of 15.9% (3.2% annually) and an average occupancy of approximately 95%. The project performed above projections. We boosted profit through unit turns, some property improvements and by pushing consistent rent increases. Sold in May 2020 with 60% IRR returns.

LP, 210 unit Multifamily

GP, 176 unit Multifamily

GP, 96unit(24 4-plex) Multfamily

Our 3rd boutique Four-plex project is nestled between the prestigious Oak Hills Golf Course and the booming South Texas Medical Center. Branded, designer Class-A wellness focused multifamily residences are a perfect fit in this urban area. Project fully subscribed for syndication, then 12 of 24 four-plexes successfully pre-sold to buyers to eliminate debt post-construction… 3 months ahead of schedule.

GP, 128 unit Multifamily

GP, Industrial Property

Our first Industrial project launched Aug 2020. Woods Cross is a short-term shovel ready FLEX Industrial in Salt Lake City metro, with a projected 3 year exit. Fully zoned and entitled, with entitlement risks removed, 6 Buildings total with 1 building already sold. Land purchased, permits and lending terms in place. Construction will be complete in early 2023. Both leasing and offers to buy buildings outright are showing a very strong market for Industrial Flex in North SLC.

GP, 32 unit multifamily

Our first post-Corona project was a reinvention of our company. This new construction Class A Build to rent Fourplex project has multiple exit strategies to a larger pool of buyers on exit. Extremely high quality product for long term hold. Horizontal construction on site 1 is nearly complete and site 2 is not far behind despite some COVID permitting delays. Six of eight Fourplexes are pre-sold which will lead to significant IRR returns for investors.

Capital Raiser, Townhome Project

Our most unique project, Nova RTP1 is a venture to build and sell 46 contemporary townhomes in Durham, North Carolina. Due to its unique no-debt structure and short term timeframe, the project was 3X oversubscribed. Currently in late construction on most of the units. The first set of townhomes is in contract at $150K above pro-forma. Project should complete in 2023.