Drever Investing

Strategic acquisitions. Timely dispositions. Strong returns.

Construction

Larkspur at Shadow Creek

Active Adult Development
  Pearland, TX
Property Site
Start DateMarch 2019
Units257
Acres12
Larkspur at Twin Creeks
Funded

Larkspur at Twin Creeks

Active Adult Development
  Allen, TX
Property Site
Proj. Gross IRR24.2 %
Equity Multiple2.1x
Hold Period5 years
Total Equity$18,000,000
Total Cost$36,000,000
Funded

Windsong at Rock Creek

Memory Care Development
  Fort Collins, CO
Property Site
Proj. Gross IRR22.9%
Equity Multiple2.7x
Hold Period5 years
Total Equity$6,000,000
Total Cost$13,000,000
Funded

Aria at Rollingbrook

Multifamily
Value-Add
  Baytown, TX
Property Site
Proj. Gross IRR18.8%
Equity Multiple2.1x
Hold Period5 years
Total Equity$6,500,000
Total Cost$27,400,000
Funded

Villages of Lake Jackson

Multifamily
Value-Add
  Lake Jackson, TX
Property Site
Proj. Gross IRR19.4%
Equity Multiple2.1x
Hold Period5 years
Total Equity$6,000,000
Total Cost$22,700,000
Funded

Magnolias at Chesterfield

Memory Care Value-Add
  Chesterfield, VA
Property Site
Proj. Gross IRR23.9%
Equity Multiple2.7x
Hold Period5 years
Total Equity$2,700,000
Total Cost$6,200,000
The Village at Southlake
Funded

The Village at Southlake

Independent Living Value-Add
  Lexington, SC
Property Site
Proj. Gross IRR19.8%
Equity Multiple2.1x
Hold Period5 years
Total Equity$3,600,000
Total Cost$13,700,000
Funded

Windsong at Eola Hills

Memory Care Development
  Salem, OR
Property Site
Proj. Gross IRR25.0%
Equity Multiple2.8x
Hold Period5 years
Total Equity$3,557,000
Total Cost$7,114,000
Realized

PE JV Portfolio

Multifamily Value-Add Portfolio
 
Gross IRR59.6%
Equity Multiple1.7x
Hold Period1.5 years
Total Equity$121,400,000
Total Cost$489,000,000
Realized

Elan

Multifamily
Value-Add
  Austin, TX
Gross IRR14.1%
Equity Multiple1.9x
Hold Period5.5 years
Total Equity$10,300,000
Total Cost$24,700,000
Realized

Carrington Park

Multifamily
Value-Add
  Raleigh, NC
Gross IRR13.3%
Equity Multiple1.7x
Hold Period3.9 years
Total Equity$12,800,000
Total Cost$32,300,000
Realized

Parmer Place

Multifamily
Value-Add
  Austin, TX
Gross IRR17.5%
Equity Multiple2.1x
Hold Period4.6 years
Total Equity$10,800,000
Total Cost$32,500,000
Realized

Apex 5510

Multifamily Development
  Boulder, CO
Gross IRR35.0%
Equity Multiple3.3x
Hold Period3.8 years
Total Equity$5,000,000
Total Cost$47,000,000
Realized

Trails of Sanger

Multifamily
Value-Add
  Sanger, TX
Gross IRR30.3%
Equity Multiple2.1x
Hold Period3 years
Total Equity$6,260,000
Total Cost$16,280,000
Realized

Mira Loma

Multifamily
Value-Add
  San Antonio, TX
Gross IRR24.7%
Equity Multiple2.3x
Hold Period4.4 years
Total Equity$8,200,000
Total Cost$33,200,000
Realized

Summit Ridge

Multifamily
Value-Add
  Denver, CO
Gross IRR16.7%
Equity Multiple1.6x
Hold Period3.9 years
Total Equity$16,500,000
Total Cost$34,600,000
Realized

Melograno at Teravista

Multifamily
Value-Add
  Austin, TX
Gross IRR17.6%
Equity Multiple1.9x
Hold Period4.6 years
Total Equity$8,300,000
Total Proj. Cost$26,300,000
Realized

Woodland Hills

Multifamily
Value-Add
  Houston, TX
Gross IRR20.6%
Equity Multiple2.0x
Hold Period5 years
Total Equity$5,600,000
Total Cost$18,400,000
Realized

Enclave at Woodbridge

Multifamily
Value-Add
  Houston, TX
Gross IRR30.6%
Equity Multiple1.9x
Hold Period3.6 years
Total Equity$14,500,000
Total Cost$31,500,000
Realized

Parkside

Multifamily
Value-Add
  Gresham, OR
Gross IRR22.6%
Equity Multiple1.9x
Hold Period3.2 years
Total Equity$7,600,000
Total Cost$17,400,000
Realized

415

Multifamily
Value-Add
  Evanston, IL
Gross IRR18.5%
Equity Multiple2.3x
Hold Period5 years
Total Equity$10,900,000
Total Cost$30,300,000
Realized

Villas at Mira Loma

Multifamily Development
  San Antonio, TX
Gross IRR27.8%
Equity Multiple2.3x
Hold Period4.2 years
Total Equity$11,100,000
Total Cost$21,600,000
Realized

Bent Tree Portfolio

Multifamily
Value-Add
  Dallas, TX
Gross IRR16.4%
Equity Multiple1.8x
Hold Period4.3 years
Total Equity$13,200,000
Total Cost$35,000,000
Secure investments with
substantial returns.