In the latest episode of our Deal Review Series, Kathy Fettke and Paul DeVincenzo from RealWealth Developments presents the Wild Pine San Antonio Community Deal to our LP panel: Paul Shannon and Litan Yahav.
The LP Panel asks questions like:
- What level of financial commitment do Real Wealth and Invest 5S have in the project, and are they contributing their own capital?
- How were the projected exit cap rates determined, and what market comps were used to justify them?
- What steps are in place to mitigate risks related to construction costs, supply chain issues, and potential labor shortages?
- How does the capital call process work, and what happens if additional funding is needed during the project?
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About the Deal
Wild Pine San Antonio LLC is pleased to present the investment offering for a 56 Unit (28 Duplexes) Build to Rent Community in San Antonio Texas, one of the fastest growing cities in the United States. This investment opportunity is offering investors a 12% preferred return and 50% profit sharing resulting in a anticipated deal IRR of 21.6% and an anticipated deal EM of 2.45X. Through an experienced sponsorship team, a set strategy, and conservative underwriting the sponsors help mitigate risk providing investors with passive income from rental income and long term capital appreciation which will be realized upon the refinance and sale of the asset. The anticipated hold period will be 5-6 years.
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