Commercial Investment
Portfolio
CLI invests in the development, acquisition, and repositioning of a variety of real-estate assets, such as multifamily/duplex, office, senior living, hotel and industrial. CLI has the ability to acquire assets directly, make joint-venture equity investments, and preferred equity and debt investments.
Travis South Industrial
Travis South Industrial consists of a two-phase development. Each phase will contain 2 industrial buildings targeted as logistics / warehouse space. All buildings will have a clearing height of 32 feet and will be built as a SPEC development. The total development will consist of 4 high-quality, Class A, buildings with a total leasing capacity of 576,061 SF.
The site is situated within Travis County, South-West Austin, and is located~20 miles drive to the Tesla giga factory and ~33 miles from the Samsung Austin Semiconductor plant. The site has great frontage on Interstate 35 and is easily accessible to Texas State Highway 45 and I-35.
This superior and strategic location provides suppliers with the ability to store and move their goods safely and securely and save valuable time.
Target Internal Rate of Return (“IRR”)*32.04%
Target Equity Multiple*2.22x
Wolf Creek Farms
Wolf Creek Farms will be a gated, 343-unit Build-to-Rent community located approximately 40 miles north of downtown Dallas.
The neighborhood of Wolf Creek Farms will range from one to two-story cottages and townhomes with Class-A amenities throughout the community.
Strategically located within Melissa, Wolf Creek Farms BTR is directly between I-75 to the west and Sam Rayburn Tollway to the east, the new Collin County Outer Loop just to the North.
Target Internal Rate of Return (“IRR”)*18.81%
Target Equity Multiple*1.99x
121 Technology Park
121 Technology Park consists of 735,000 Sqft Class A flexible light industrial/technology manufacturing space on 58 acres located in Allen, Texas. 121 Technology Park has direct access to State Highway 121 and is approximately one-half mile to US75 which provides direct access to Dallas, TX and surrounding suburbs. Construction started in Jun 2023, targeted holding 4 years, targeted return IRR 17%
Larkspur at Twin Creeks
Senior Living
LP Partnership Investment:
This is a 243 unit adult community project built in Allen, Texas. The project was invested and constructed in 2017 and completed in June 2018. It provides A-level living accommodation and facilities, with a starting price of $1700 for apartments. At present, the project has reached a rental rate of 93%. Expected internal rate of return of 18%.
Hotel Renovation Project
The Hedge in Austin, Texas
Seizing the opportunity of hotel renovation under the epidemic and the opportunity of land use planning change, "hotel renovation" has created an excellent opportunity under the epidemic. Due to the impact of the epidemic, it was possible to purchase rare hotel properties that could be converted into apartments at a low price 50-70% lower than the market price. The epidemic has allowed us to purchase hotels at extremely low prices, combined with the new land use regulations issued by the government.
Rapid conversion, after the acquisition, quickly transform hotel units into economical and practical apartment units within one year. This type of property has a stable performance during the economic downturn and has strong risk protection.
Two investment categories, Class A preferred equity investment, with an expected annual return rate of 12%; Class B ordinary equity investment, expected IRR of 18%+.
Creative Office Space Project
The Luminary in Dallas, Texas
Built in 2019, The Luminary is a boutique 7 story, 169,005 square foot Class AA creative office space, as well as the newest and highest quality building in the west end of Dallas downtown.
Acquisition date July 2022, purchase price $70.5MM, target holding 2-3 years, targeted return IRR 12%.
The Link SFR Investment Project
The Link in Frisco, Texas
The Link SFR is a Class A residential development in Frisco, Texas. The SFR community will feature private amenities such as; a clubhouse with a resort-style pool, shared office space, and parks. This development is strategically located and immediately adjacent to the new $520 million PGA of America Headquarters master-planned project.
San Antonio Apartment Project
Aviator at Brooks Apartment in San Antonio, Texas
This project is about recapitalization of Aviator Apartments, a 280-unit apartment property in San Antonio, Texas. This late 2016 vintage asset has excellent value-add potential. Aviator is in the heart of the Southeast San Antonio Submarket and is located within the third most populated city in Texas. The community features a large resort-style swimming pool, outdoor grilling and picnic area, fitness center with cardio and weight machines, Bocce ball court, game room, access to The Greenline Park, and business center.
Preferred equity investment, annual rate of return of 12%, target holding 3-5 years.
Office Building Funding Project
Ground up 3 units office building in Greenville, Texas, 15% annual rate, 12 month term. Construction period Jan. 2019 - Jul. 2019.
The Funding has been successfully returned upon maturity.
Duplex Funding Project
In process of building 12 duplex buildings on 8 acres of commercial-zoned land in Greenville, Texas. The borrower pays a 15% annual rate, 12 months term, Nov. 2019 - Nov. 2020.
The Funding has been successfully returned upon maturity.
