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Learn More Here

Register below to access the exclusive offering memorandum, investor webinar recording and subscription agreement for the Terraces opportunity.
Note: This is a 506(c) opportunity for Accredited Investors Only.

Our Market - Houston Metro Area

"No one knows a market like a local.."

A Growth Economy

  • Houston is the 4th largest city in the US and the fastest growing city in the country since 2018

  • 7th largest economy in the US with $490B GDP

  • Diverse economy with 20+ Colleges & University, Nasa's largest R&D facility, largest medical center in the world with 106k jobs, and highly sophisticated energy industrial complex with oil & gas, chemicals, shipping and manufacturing hubs

  • Texas City submarket is anchored by petrochemicals (oil an input raw material), shipping, and medicine - stabilizing the market during these pandemic times

  • Texas City has the lowest apartment to population ratio in the state as the community grows with NASA / SpaceEx complex

  • With only 259 units planned to come online in Texas City until 2024, strong tailwinds for occupancy levels


The Pandemic Impact

  • Houston Metro is seeing continued growth in 2020 as populations migrate from the coasts to the market for increased space and job access

    • Redfin shows Galveston county home sales up 16% vs prior year​

    • Days on market are down 40% vs prior year

    • Apartment vacancy rates declining 

  • Texas is very pro-landlord

    • Government and Non Profits are providing significant assistance programs for tenants and property owners

    • Texas eviction courts reopened in May in and are seeing cases where tenants cannot show evidence of seeking a job nor collaboration in developing a rent payment plan

  • Class C residents a stable tenant base

    • Continue to have stable employment as most occupations deemed essential

    • Higher lease renewals as less appetite to move during pandemic

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