DEVELOPMENT
SAN MARCOS
SAN MARCOS, TX
UNITS
504
FUNDED
50%
CLOSE DATE
NOV 2022
HOLD PERIOD
5 YEARS
$41.1 MM
EQUITY RAISE
TARGET IRR
TARGET EM
17% - 21%
2.1x
$21 MM
REMAINING
ACQUISITION
MAVERICK
Wichita Falls, TX
UNITS
116
FUNDED
0%
CLOSE DATE
SEP 2022
HOLD PERIOD
5 YEARS
$5.4 MM
EQUITY RAISE
TARGET IRR
TARGET EM
19% - 23%
2.0x
$5.4 MM
REMAINING
DEVELOPMENT
MESQUITE
MESQUITE, TX
UNITS
182
FUNDED
0%
CLOSE DATE
FEB 2023
HOLD PERIOD
5 YEARS
$14.5 MM
EQUITY RAISE
TARGET IRR
TARGET EM
17% - 21%
2.0x
$14.5 MM
REMAINING
DEVELOPMENT
AUSTIN
AUSTIN, TX
UNITS
192
FUNDED
50%
CLOSE DATE
DEC 2022
HOLD PERIOD
5 YEARS
$19.2 MM
EQUITY RAISE
TARGET IRR
TARGET EM
17% - 21%
2.1x
$9.6 MM
REMAINING