Westplan, experienced in American multifamily real estate
Westplan Investors is a private real estate development and investment company that has been active in the U.S. apartment market for 30 years. The goal of Westplan is simple and unwavering: to maximize the return for our investors, while identifying and mitigating risk to the greatest extent possible.
News
Westplan Hires Patrick Foster, Development Partner for the Carolinas Charlotte, NC
Westplan Investors, a leading real estate investment and development company, is expanding its team with a new regional development partner…
Westplan Breaks Ground on Accent Overlook
Canton, GA - Westplan Investors is pleased to announce that it has broken ground on Accent Overlook in Canton, approximately 35 miles north…
Join our team
We work with a stable and motivated team: an international group of entrepreneurs. We work quickly with our customers and are always…
Westplan Focuses on Growth and Announces New Strategic Partnership
With the support of its new partners, Westplan continues its growth in the Southeast, capturing the opportunities in the market, and…
Westplan Sells Third Project in Nashville
The city of Nashville, Tennessee, has become much more than just a music city for Westplan Investors. Westplan has achieved exceptional…
$187M Equity Raised For the Development of 2,700 Apartment Units
Westplan Investors has raised a significant amount of capital for its growing pipeline of development projects.
Investors benefit from rising sales prices
ATLANTA, GA – Westplan has successfully sold 283 multi-family units in Charleston SC, known as Accent Overlook (Accentoverlook.com).
Accent Daniel Island
The sale of the property closed on November 10, 2021. Read this Case Study.
New Multifamily Community in Winder, GA
Westplan has purchased a land parcel in Barrow County along the Hwy 316 Corridor for the development of 288 Class A apartment units to be…
Building near the Research Triangle Park
Westplan is going to build a new multi-family community near the largest research park in the US. The Research Triangle Park (RTP) in…
Westplan to Build Again in Charlotte, NC
Westplan is preparing to start construction on another multi-family community in Charlotte, NC.
352 multi-family units to be constructed in Atlanta
Westplan will start the construction of 352 multi-family units in Atlanta in Q3 2021.
Larger Multifamily Units
With the construction of 53 multifamily units in Charlotte, North Carolina, Westplan is responding to the increasing demand for larger…
A unique transaction
Westplan is pleased to announce the recent sale of Accent Glassworks in Nashville, TN.
Effect Corona
The world has changed rapidly in recent weeks due to the coronavirus (COVID-19) pandemic and prompted both Federal and State governments to…
Operating Projects
Westplan is operating in economically strong and fast-growing cities in the southeastern U.S., including Atlanta, Nashville, Charleston and Charlotte.
Track Record
Completed |
Current portfolio |
Total since start |
|
|---|---|---|---|
| Number of projects | 62 | 8* | 70 |
| Number of apartments | 16,739 | 1,975* | 18,714 |
| Total $ paid to investors** | $748,155,065 | – | – |
| Equity Multiple | 1.68 | – | – |
| Avg. IRR p/y | 15% | – | – |
| Avg. IRR p/y projects started in last 10 years | 24% | – | – |
| Avg. IRR p/y projects started in last 5 years | 25% | – | – |
| Total equity invested** | $587,869,630 | $142,950,000 | $730,819,630 |
| Total $ invested** | $1,681,801,284 | $288,650,000 | $1,970,451,284 |
* Including apartments that are under construction and in the pre-development phase
** Excluding $32.5M Class A
Number of projects |
|
| Completed | 62 |
| Current portfolio | 8* |
| Total since start | 70 |
Number of apartments |
|
| Completed | 16,739 |
| Current portfolio | 1,975* |
| Total since start | 18,714 |
Total $ paid to investors** |
|
| Completed | $748,155,065 |
| Huidige portefeuille | – |
| Total since start | – |
Equity Multiple |
|
| Completed | 1.68 |
| Current portfolio | – |
| Total since start | – |
Avg. IRR p/y |
|
| Completed | 15% |
| Current portfolio | – |
| Total since start | – |
Avg. IRR p/y projects started in last 10 years |
|
| Completed | 24% |
| Current portfolio | – |
| Total since start | – |
Avg. IRR p/y projects started in last 5 years |
|
| Completed | 25% |
| Current portfolio | – |
| Total since start | – |
Total equity invested** |
|
| Completed | $587,869,630 |
| Current portfolio | $142,950,000 |
| Total since start | $730,819,630 |
Totaal $ invested** |
|
| Completed | $1,681,801,284 |
| Current portfolio | $288,650,000 |
| Total since start | $1.970,451,284 |
* Including apartments that are under construction
** Excluding $32,5M Class A