The Grid Student Housing
This 217 unit student housing development in Buffalo, NY completed construction ahead of schedule, despite COVID-19 delays. The Building is leased up at over 96% and gorgeous! General Partners contributed an astonishing 85% of the equity for this stunning iconic project next to the Medical campus at the University. The project is refinanced and distributing 17% annually on current equity. Fully subscribed.
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Coyote Creek Apartments
This 116 unit new construction apartment complex in St. George, UT is fully built and consistently over 95% occupied. We raised rents multiple times during pre-leasing and current rents are coming in an average of 15% higher than originally projected. The project has refinanced out of construction lending and is currently distributing profits to our investors. Fully subscribed.
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Mill Race Apartments
Mill Race is a gorgeous multifamily development that was Opportunity Zone fund eligible. Initial construction encountered delays due to Covid-19. However, the project was re-scaled and value engineered to optimize size. Construction began in 2021 and was completed during the first half of 2023. Fully subscribed.
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