Pioneer Realty Capital presents The Gates at Prairie View investment opportunity.
We’re here to answer your questions with a quick call 817-285-2542
Estimated Value |
$24,900,000 |
Total Available |
$4,400,000 |
Total Funded to Date |
$429,000 |
Minimum Investment |
$11,000 |
THE SPONSOR
Who we are:
Pioneer Realty Capital offers nationwide advisory services in all commercial real estate markets and many opportunities for accredited investors to invest in 100% collateralized commercial real estate. Our team focuses on adding value to our communities and investors through thoroughly vetted commercial real estate development, financing, and investments.
What we do:
Pioneer Realty Capital looks for opportunities to build and add value and pass that along to our network of accredited investors. Through our PRC Investor Network, we allow accredited investors to make direct investments in commercial real estate securities with great returns. Overall, we offer secured investments backed by commercial real estate.
Our mission:
Our mission at Pioneer Realty Capital is to protect your money while building wealth. We put the needs of our clients and investors above our own. With 20+ years of experience we provide innovative and personalized solutions. We also focus on consistently delivering meaningful value, even as economic conditions change, and business needs evolve.
THE INVESTMENT
Pioneer Realty Capital, LLC (the “Sponsor”) is pleased to offer investors the opportunity to invest $4,400,000 in Class C membership interests of Gates at PV APT I, LLC, a Texas limited liability company (the “Company”). The Company will use the capital raised for the completion, and initial operation and maintenance, of that certain real property located at 625 Elm Street, Prairie View, Texas 77484 (the “Property”), and known as The Gates at Prairie View, and which consists of a 120 apartment unit multifamily community. Gates at PV APT I, LLC, a Texas limited liability company and affiliate of the Sponsor, will serve as the managing member of the Company. The Sponsor is contributing $4,978,000 of the total equity investment which is now estimated to value $24,900,000.
The Gates at Prairie View
Build-to-Rent
Now leasing, 120-apartment community in Prairie View, TX, a high growth market, located near the significant employment and rent drivers of the Prairie View A&M University.
| Targeted Investor IRR: | 20.0% |
| Targeted Equity Multiple: | 2.0x |
| Preferred Rate of Return: | 6.0% |
| Targeted Investment Period: | 2 Years |
| Property Type: | Multifamily |
| City, State: | Prairie View, TX |
| Investment Profile: | New Development |
| Targeted Project IRR: | 22.4.0% |
| Estimated Value Today: | $24,900,000 |
| Sponsor Co-Invest ($): | $4,978,000 |
| Sponsor Co-Invest (%): | 20% |
| Offers Due: | August 27, 2022 |
| Targeted Distribution Start Date: | Q1 2022 |
| Preferred Return Accrual Date: | Property Closing |
| Minimum Investment: | $11,000 |
| SD-IRA Investments: | Yes |
| Initial Posting Date: | June 20, 2022 |
PROJECT HIGHLIGHTS
- 1/2 mile from school
- 320 parking spots
- 120 apartments (Phase I) | 390 apartments (Phase II)
- Free WiFi in community spaces
- All units include a washer & dryer
- Phase 1 (90% leased)
- Phase 2 (construction to begin October 2022)
- Financial aid accepted
- Fully furnished 1 and 2 bedrooms
- High quality apartment design/furniture
- Average unit size (735 SF)
- Stabilized occupancy ≥ 95%
IMAGES
DISCLAIMERS AND NOTES
Any offering made by Pioneer Realty Capital, LLC and its sponsored investment programs (collectively, the “Company”) is for Accredited Investors only (“Investors”) pursuant to exemptions from registration provided by Section 4(a)(2) of the Securities Act of 1933, as amended (the “Act”). Specifically, the Company will rely on Rule 506(c) of Regulation D promulgated under the Act, and exemptions available under applicable state securities laws. Persons desiring to invest in the Company’s securities will be required to make certain representations and warranties regarding their financial condition. Such representations include, but are not limited to, a certification that such person is an accredited investor, as defined in Rule 501 of the Act.
The Company will also require that Investors provide documentation supporting their representations regarding accredited investor status. Investors must be prepared to provide supporting documentation sufficient for the Company to reasonably believe that the Investor is an accredited investor. This may include personal financial information, such as tax returns or pay stubs and the Company takes every reasonable step to verify your accredited investor status. The Company also reserves the right to reject any subscription in whole or in part at each of our discretion.
By signing up and creating an account on our platform, you certify that you are Accredited Investor and that prior to any investment with the Company, you will need to provide supporting documentation that you are an Accredited Investor.
HOW TO INVEST IN THE GATES AT PRAIRIE VIEW AND Join Our Investor Network
Join the Crowd of Smart Investors
- Sign Up
Create an investor account and get qualified through our easy and free online accreditation process. - Invest
After you are approved, explore our private real estate offerings and choose the opportunity that fits your investment goals. - Relax
Your returns will automatically be calculated and dispersed to you with 100% transparency. You can monitor and report on your portfolio at any time.
Gates Of Prairie View
Sleek and sophisticated, The Gates at Prairie View is a brand-new community that offers the custom craftsmanship and qualities renters want within walking distance of Prairie View University.
Address: 625 Elm St Prairie View, TX 77445
Phone: 832-920-5477
Website: https://www.thegatespv.com/
READY TO TALK ABOUT YOUR OPTIONS?
Meet J. C. Shelley Investor Relations Manager, and Call 817-285-2542 When You’re Ready to Learn More.
Commercial Mortgages + Development + Investments
Get Financing Options, Develop with Us, or Join Our Network of Accredited Investors.
Ready to Get Started? To Invest with Us, Call J.C. Shelley at 817-285-2542. For Commercial Real Estate Loans, Call Charles Williams at 817-405-0218.
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