Office tower located at the intersection of two of the most important roads in Monterrey, MX. The project is characterized by its unique and spectacular mountain views. This Class A+ Office development consists of 19stories of office space totaling 174,400 sf with luxury finished common areas. Construction was completed in2016 with 100% of the suites and units sold.
Kronos Industrial park is located within one of the most important industrial hubs in Mexico. Its location, just 3.8miles away from the airport, provides access to major transportation arteries. The development consists of sixindustrial buildings with a total of 900,000 sf. Construction was completed in 2015 with all six buildings fullyleased.
Balzac is a mixed-use project located in one of the principal roads of Monterrey city. The development includes residential condominiums, retail, and office space. The project is comprised of two towers of 35 and 39 stories each and was designed byDuda | PaineArquitects in Durham, NC. Amenities include a panoramic pool, sports room, and video-game room. With a net rentable area of 645,835 sf, this project offers a complete and unique experience to its tenants and residents.
Product strategically designed to target buyers historically priced out of a specific neighborhood. Developer recognized a particularly strong demand for 1-bedroom units among recently completed condominium projects in downtown Austin, and designed project accordingly.
Highlighted by favorable subsidy agreement with city's housing authority, which waived property´s annual tax payments therefore eliminating the property's largest expense from its operating budget and significantly de-risking the investment.
Developer recognized market niche of renters who rarely used amenities offered by large majority of apartment communities. Accordingly designed product that stripped amenities such as pool, clubhouse, fitness center, and passed on the savings to its residents, equating to a $150-$200 monthly rent discount to competing product.
Project part of one of Houston´s top performing master-planned communities. Tucked within a number of commercial amenities and located across the street from a construction site for an 850,000 SF Amazon fulfillment center.
Highlighted by sponsor´s significant presence in the Orlando market. Sponsor identified an opportunity to deliver an asset at a quality level significantly higher than what was available in the market. Investment thesis looked past area market rents and considered what the market would be able to pay for the right product.
Opportunity for investors to capitalize on unrealized market appreciation that had taken place between deal conception, when developer secured site, and closing. At the time of closing, underwritten rents reflected 15% discount to area market rents, providing a strong margin of safety to investors.
Product strategically designed to target buyers historically priced out of a specific neighborhood. Developer recognized a particularly strong demand for 1-bedroom units among recently completed condominium projects in downtown Austin, and designed project accordingly.
Highlighted by favorable subsidy agreement with city’s housing authority, which waived property’s annual tax payments therefore eliminating the property’s largest expense from its operating budget and significantly de-risking the investment.
Developer recognized market niche of renters who rarely used amenities offered by a large majority of apartment communities. Accordingly designed product that stripped amenities such as pool, clubhouse, fitness center, and passed on the savings to its residents, equating to a $150-$200 monthly rent discount to competing product.
Project part of one of Houston’s top performing master-planned communities. Tucked within a number of commercial amenities and located across the street from a construction site for an 850,000 SF Amazon fulfillment center.
Highlighted by sponsor’s significant presence in the Orlando market. Sponsor identified an opportunity to deliver an asset at a quality level significantly higher than what was available in the market. Investment thesis looked past area market rents and considered what the market would be able to pay for the right product.
Opportunity for investors to capitalize on unrealized market appreciation that had taken place between deal conception, when developer secured site, and closing. At the time of closing, underwritten rents reflected 15% discount to area market rents, providing a strong margin of safety to investors.
Office tower located at the intersection of two of the most important roads in Monterrey, MX. The project is characterized by its unique and spectacular mountain views. This Class A+ Office development consists of 19stories of office space totaling 174,400 sf with luxury finished common areas. Construction was completed in2016 with 100% of the suites and units sold.
Kronos Industrial park is located within one of the most important industrial hubs in Mexico. Its location, just 3.8miles away from the airport, provides access to major transportation arteries. The development consists of sixindustrial buildings with a total of 900,000 sf. Construction was completed in 2015 with all six buildings fullyleased.
Balzac is a mixed-use project located in one of the principal roads of Monterrey city. The development includes residential condominiums, retail, and office space. The project is comprised of two towers of 35 and 39 stories each and was designed byDuda | PaineArquitects in Durham, NC. Amenities include a panoramic pool, sports room, and video-game room. With a net rentable area of 645,835 sf, this project offers a complete and unique experience to its tenants and residents.