Investments
General Partners
The Burgundy
11911 Marsh Ln, Dallas, TX
The Burgundy is a 180 unit property in Dallas, Texas surrounded by A and B properties, giving us the opportunity to transform it from a C into a B property. It is located just blocks from I-635 where 198k+ drivers pass each day. It has an amazing location surrounded by 3 Fortune 10 companies, 22 Fortune 500 companies, and 45 Fortune 1000 companies, and many more companies migrating to DFW.
The Burgundy also has a tremendous unit mix of 12% one bedrooms, 64% two bedrooms, 12% two bedroom townhomes, and 12% 3 bedrooms, and it’s close to a great commercial area.
Purchase price: $14,858,000
Acquisition date: March 2022
Autumn Sunrise
1825 Airline Rd, Corpus Christi, TX
Autumn Sunrise is a 142 unit, C+ multifamily asset strategically located in a sought after B class neighborhood. Located in South Corpus Christi on a busy thoroughfare and in close proximity to Highway 358, Autumn Sunrise has high traffic exposure, a convenient commute to a variety of Corpus Christi’s primary employers, and provides residents easy walking access to many local retail shops and restaurants.
Purchase price: $11,644,000
Acquisition date: December 2022
Fund Managers
Rise Bedford Lake
1300 Shady Ln, Bedford, TX
Previously known as Point Loma Woods and now rebranded to Rise at Bedford Lake is a 360 Unit Multifamily, a B+ property in a B+ location. The asset is was built in 1982. Located in Bedford, TX of the Dallas MSA, Rise Bedford Lake is surrounded by major employment hubs.
Rise Bedford Lake features the ideal unit mix to perfectly suit the local demographic with 78% 1- bedrooms and 22% 2-Bedroom units. The property offers an average floor plan of 697 SF across all unit types. It has an extensive amenity package, which includes a leasing office, clubhouse, pools, a fitness center, and a business center.
Purchase price: $49,250,000
Acquisition date: May 2023
Rise North Arlington
500 Tish Cir, Arlington, TX
Currently operating as Alcove Oaks Apartments, Rise North Arlington is a B+ property in a B+ location. The asset is a 270-unit multifamily community built in 1980. Located in North Arlington, TX of the Dallas MSA, Rise North Arlington is surrounded by major employment hubs.
Rise North Arlington features a well-balanced unit mix with 56% 1-bedrooms and 44% 2-Bedroom units. The property offers an average floor plan of 830 SF across all unit types. It has an extensive amenity package, which includes a leasing office, clubhouse, pool, laundry facilities, and a business center.
Purchase price: $35,750,000
Acquisition date: June 2023
Rise at Town East
3236 N Galloway Ave, Mesquite, TX
Formerly known as Pecan Ridge Apartments, and now rebranded to Rise at Town East, this is a class B property in a B+ location. The asset is a 210-unit multifamily property, built in 1984. It is located in the Mesquite, TX market of the Dallas MSA, and is surrounded by major employment centers.
Rise at Town East presents an excellent opportunity to increase value by renovating 88% of the classic units (185 units). The property has an average size of 739 SF, and has amenities that include an office, gym, games area, pool, etc.
Purchase price: $24,500,000 USD
Acquisition Date: December 2023
Rise Spring Pointe
6051 S Hulen St., Fort Worth, TX 76132
Formerly known as Copperfield Apartments, and now rebranded to Rise Spring Pointe, this is a class B+ property in a B+ location. The asset is a 323-unit multifamily property, built in 1984. It is located in the premium Fort Worth, TX market of the Dallas MSA, and is surrounded by major employment centers.
It presents an excellent opportunity, 100% of the units have are in classic condition, with below the market rents. The property has excellent amenities that include a pool, barbecue area, fitnesscenter, dog park, etc.
Purchase price: $35,000,000 USD
Acquisition Date: March 2024
Rise West Arlington
3601 Fielders Glen Dr, Arlington, TX 76015
Rise West Arlington, formerly Fielder’s Glen Apartments, is a Class B+ multifamily property in a B+ location with 220 units. It is located in the premium West Arlington submarket of the Dallas-Fort Worth MSA, and is surrounded by major employment centers.
This property offers a great opportunity to increase value as 71% of the units (157 units) are in their original classic condition with below market rents.
Purchase price: $29,500,000 USD
Acquisition Date: April 2024
Limited Partners
Rise McClintok – 112 units, Pheonix, AZ
Enclave at Prestonwood – 466 doors, North Dallas TX
The Carmel – 492 doors, Garlad TX
Bella Vista – 400 doors, Carrollton, TX
Prestonwood – 194 doors, Richardson, TX
Mustang Villas – 246 doors, Grapevine, TX
Venue at Winter Park – 432 doors, Winter Park, FL
Pelican Lake – 183 doors, Clearwater, FL
Project Types
Well maintained but cosmetically in need and underperforming
Positive cashflow
Natural asset appreciation + forced appreciation
Hold period between 3 and 5 years
B & C class
50K minimum investment
Investment yield above 15% AAR
¿What is syndication?
Syndication is a partnership of passive investors like you and professional sponsors who have the experience to find the deal, underwrite it, get it to the closing table, execute the business plan and eventually exit at a premium.
