Strategic Acquisitions. Timely Dispositions. Strong Returns.
At Drever, our focus on disciplined investments drives robust returns. From active construction projects to realized value-add properties, we deliver exceptional performance across all asset classes.
Investment Portfolio
Construction
Larkspur at Shadow Creek
- Location: Pearland, TX
- Type: Active Adult Development
- Units: 257
- Start Date: March 2019
- Projected Completion: September 2020
- Acres: 12
1401 Elm
- Location: Dallas, TX
- Type: Mixed-Use Redevelopment
- Multifamily Units: 324
- Hotel Rooms: 218
- Office/Retail: 60,000 SF
- Start Date: April 2019
- Projected Completion: November 2020
Funded Investments
Larkspur at Twin Creeks
- Location: Allen, TX
- Type: Active Adult Development
- Projected Gross IRR: 24.2%
- Equity Multiple: 2.1x
- Hold Period: 5 years
- Total Equity: $18,000,000
- Total Cost: $36,000,000
Windsong at Rock Creek
- Location: Fort Collins, CO
- Type: Memory Care Development
- Projected Gross IRR: 22.9%
- Equity Multiple: 2.7x
- Hold Period: 5 years
- Total Equity: $6,000,000
- Total Cost: $13,000,000
Aria at Rollingbrook
- Location: Baytown, TX
- Type: Multifamily Value-Add
- Projected Gross IRR: 18.8%
- Equity Multiple: 2.1x
- Hold Period: 5 years
- Total Equity: $6,500,000
- Total Cost: $27,400,000
Realized Investments
PE JV Portfolio
- Type: Multifamily Value-Add Portfolio
- Gross IRR: 59.6%
- Equity Multiple: 1.7x
- Hold Period: 1.5 years
- Total Equity: $121,400,000
- Total Cost: $489,000,000
Apex 5510
- Location: Boulder, CO
- Type: Multifamily Development
- Gross IRR: 35.0%
- Equity Multiple: 3.3x
- Hold Period: 3.8 years
- Total Equity: $5,000,000
- Total Cost: $47,000,000
Trails of Sanger
- Location: Sanger, TX
- Type: Multifamily Value-Add
- Gross IRR: 30.3%
- Equity Multiple: 2.1x
- Hold Period: 3 years
- Total Equity: $6,260,000
- Total Cost: $16,280,000
Join Us
Drever invites you to explore our diverse portfolio and become part of a legacy in high-performance real estate investing.