Current Offerings

Land Fund II offers diversification as it aims to acquire raw land in desirable markets, do the legwork of getting it rezoned for development, and selling to large, national home builders as their next neighborhood development sites at a premium to acquisition cost. The fund puts land under contract before getting it approved for building and then sells the land to a home builder in what is known as a “double close;” i.e. it pays the seller with proceeds from the sale to the ultimate buyer.

Land Fund II offers diversification as it aims to acquire raw land in desirable markets, do the legwork of getting it rezoned for development, and selling to large, national home builders as their next neighborhood development sites at a premium to acquisition cost. The fund puts land under contract before getting it approved for building and then sells the land to a home builder in what is known as a “double close;” i.e. it pays the seller with proceeds from the sale to the ultimate buyer.

Land Fund II offers diversification as it aims to acquire raw land in desirable markets, do the legwork of getting it rezoned for development, and selling to large, national home builders as their next neighborhood development sites at a premium to acquisition cost. The fund puts land under contract before getting it approved for building and then sells the land to a home builder in what is known as a “double close;” i.e. it pays the seller with proceeds from the sale to the ultimate buyer.

Land Fund II offers diversification as it aims to acquire raw land in desirable markets, do the legwork of getting it rezoned for development, and selling to large, national home builders as their next neighborhood development sites at a premium to acquisition cost. The fund puts land under contract before getting it approved for building and then sells the land to a home builder in what is known as a “double close;” i.e. it pays the seller with proceeds from the sale to the ultimate buyer.

Land Fund II offers diversification as it aims to acquire raw land in desirable markets, do the legwork of getting it rezoned for development, and selling to large, national home builders as their next neighborhood development sites at a premium to acquisition cost. The fund puts land under contract before getting it approved for building and then sells the land to a home builder in what is known as a “double close;” i.e. it pays the seller with proceeds from the sale to the ultimate buyer.

Land Fund II offers diversification as it aims to acquire raw land in desirable markets, do the legwork of getting it rezoned for development, and selling to large, national home builders as their next neighborhood development sites at a premium to acquisition cost. The fund puts land under contract before getting it approved for building and then sells the land to a home builder in what is known as a “double close;” i.e. it pays the seller with proceeds from the sale to the ultimate buyer.

Land Fund II offers diversification as it aims to acquire raw land in desirable markets, do the legwork of getting it rezoned for development, and selling to large, national home builders as their next neighborhood development sites at a premium to acquisition cost. The fund puts land under contract before getting it approved for building and then sells the land to a home builder in what is known as a “double close;” i.e. it pays the seller with proceeds from the sale to the ultimate buyer.

Land Fund II offers diversification as it aims to acquire raw land in desirable markets, do the legwork of getting it rezoned for development, and selling to large, national home builders as their next neighborhood development sites at a premium to acquisition cost. The fund puts land under contract before getting it approved for building and then sells the land to a home builder in what is known as a “double close;” i.e. it pays the seller with proceeds from the sale to the ultimate buyer.

Rise Fossil Creek is a class B+, 288 unit property built in 1986 located in a A+ area of the Dallas-Fort Worth metro. The asset was purchased at a 25%+ discount from pre-Covid market conditions, and offers significant upside with 80% of units in their original classic condition with the opportunity to renovate and value-add. The property is located near major thoroughfares and is in close proximity to major employers such as Lockheed Martin, Amazon distribution centers, and Texas Christian University.  The property is also in very close proximity to several other assets owned by the Operator, which provides the added benefit of economies of scale.

Rise Skyline is a 200-unit asset built in 1997. The property is a B+ asset located in a B+ location of the Dallas MSA. This property offers significant value-add potential and the business plan includes a full rebrand and interior renovation of 100% of classic units.

Rise Heather Ridge is a 252-unit apartment complex built in 1984. The property is a B+ asset located in a B+ location of the Dallas MSA. This asset was acquired at a significant off-market discount and is located just minutes from key drivers such as the Cowboys stadium, DFW airport, and major highways I-635, US-75, and I-30.

The Operator was able to acquire this property from a highly distressed seller via a broker relationship, resulting in a massive discount and immediate equity. Population growth, employer proximity, and incoming business and construction, among other factors, make this a bread-and-butter property for the Operator as they expand their reach to a new market.