Apartment investments
| #Units | Year initiated | Disposition Year | Equity | Distributions to Equity | Original Equity Multiple Projection | Forecast IRR | Market | ||
|---|---|---|---|---|---|---|---|---|---|
| 63 | Accent Woodlawn Park | 304 | 2019 | – | $17,000,000 | – | 1.6 | 15% | Charlotte, North Carolina |
| 64 | Accent Woodlawn Townhomes Charlotte | 53 | 2020 | – | $6,500,000 | – | 1.4 | 12% | Charlotte, North Carolina |
| 65 | Accent PIB Atlanta | 352 | 2021 | – | $23,700,000 | – | 1.5 | 15% | Atlanta, Georgia |
| 66 | Accent Berkeley Place Charlotte | 198 | 2021 | – | $13,600,000 | – | 1.5 | 15% | Charlotte, North Carolina |
| 67 | Accent Brier Creek Raleigh | 224 | 2021 | – | $14,800,000 | – | 1.5 | 15% | Raleigh, North Carolina |
| 68 | Accent Springs Atlanta & WRDF 2* | 280 | 2021 & 2024 | – | $36,375,000 | – | 1.5 | 15% | Atlanta, Georgia |
| 69 | WRDF 2* – Accent Canton | 260 | 2023 | – | $30,975,000 | – | 1.5 | 15% | Canton, Georgia |
| 70 | WRDF 2* – Accent Daytona Beach | 304 | 2024 | – | NTB | – | 1.5 | 15% | Daytona Beach, Florida |
| 71 | Accent Marietta Atlanta | 247 | 2025 | – | $24.350.000 | – | 1.5 | 15% | Atlanta, Georgia |
| Totaal/Average | 2,222 | $167,300,000 |
*WRDF 2 is an investment that includes multiple projects.
| #Units | Year initiated | Disposition year | Equity | Distributions to Equity | Equity Multiple | IRR | Market | Link | ||
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | River Club Apartments | 266 | 1996 | 1999 | $3,750,000 | $7,290,000 | 1.94 | 46% | Athens, GA | more info |
| 2 | River Walk Townhomes | 100 | 1997 | 1999 | $1,950,000 | $2,640,000 | 1.35 | 22% | Athens, GA | |
| 3 | St. Marlowe Apartments | 300 | 1999 | 2001 | $4,020,000 | $6,298,799 | 1.57 | 27% | Atlanta, GA | |
| 4 | Old Mill Apartments | 260 | 1999 | 2006 | $3,895,000 | $3,892,302 | 1.00 | 0% | Columbia, SC | |
| 5 | St. Albans Apartments | 228 | 2000 | 2004 | $1,450,000 | $2,540,000 | 1.75 | 27% | Atlanta, GA | |
| 6 | St. Ives Apartments | 332 | 2000 | 2006 | $3,200,000 | $7,750,670 | 2.42 | 16% | Atlanta, GA | |
| 7 | Cedar Grove Apartments | 248 | 2001 | 2007 | $4,140,000 | $6,916,610 | 1.67 | 13% | Charleston, SC | |
| 8 | Hillside Vista Apartments | 212 | 2002 | 2005 | $3,330,000 | $4,460,657 | 1.34 | 10% | Atlanta, GA | |
| 9 | Cavalier Creekside Apartments | 280 | 2002 | 2005 | $3,360,000 | $4,644,562 | 1.38 | 14% | Atlanta, GA | |
| 10 | Arbor Vista Apartments | 250 | 2002 | 2006 | $2,826,000 | $4,337,356 | 1.53 | 10% | Atlanta, GA | |
| 11 | Westplan Development Fund II, Five Oaks | 280 | 2003 | 2006 | $4,194,175 | $8,434,883 | 2.01 | 41% | Atlanta, GA | |
| 12 | Westplan Development Fund IV, Alta Stone Oak | 250 | 2004 | 2007 | $4,582,498 | $7,082,739 | 1.55 | 16% | San Antonio, TX | |
| 13 | Westplan Rental Fund II | 282 | 2004 | 2013 | $4,731,141 | $8,258,371 | 1.75 | 7% | Houston, TX | |
| 14 – 15 | Westplan Rental Fund | 536 | 2004 | 2015 | $9,417,057 | $21,166,404 | 2.25 | 8% | Atlanta, GA | |
| 16 | Westplan Development Fund III, Alta Cave Creek | 237 | 2004 | 2016 | $4,543,656 | $4,543,656 | 1.00 | 0% | Phoenix, AZ | |
| 17 | Westplan Development Fund V, Alta Phoenix | 335 | 2005 | 2006 | $7,572,760 | $10,086,210 | 1.33 | 21% | Phoenix, AZ | |
| 18 | The Heights at Northlake | 360 | 2005 | 2008 | $6,953,891 | $10,275,811 | 1.48 | 12% | Atlanta, GA | |
| 19 | Armour Lofts | 372 | 2006 | 2014 | $19,870,887 | $23,286,657 | 1.17 | 1% | Atlanta, GA | |
| 20 – 21 | Westplan Development Fund VIII | 709 | 2006 | 2022 | $19,053,520 | $0 | 0 | -100% | Atlanta, GA & Dallas, TX | |
| 22 | Westplan Development Fund X, Alta Crossing | 258 | 2007 | 2016 | $5,000,188 | $6,152,725 | 1.23 | 2% | Houston, TX | |
| 23 | Westplan Alta Mira Apartments | 240 | 2007 | 2016 | $3,315,750 | $7,924,643 | 2.39 | 10% | Miami, FL | |
| 24 | Westplan Development Fund IX, Mountain Vista | 384 | 2007 | 2018 | $13,131,152 | $5,247,388 | 0.40 | -8% | Phoenix, AZ | |
| 25 | Westplan Eagle’s Brooke | 248 | 2007 | 2018 | $10,807,471 | $16,751,580 | 1.55 | 5% | Atlanta, GA | |
| 26 – 35 | Westplan Residential Development Fund | 3.274 | 2007/2008 | 2012-2017 | $98,466,128 | $192,244,159 | 1.95 | 8% | Zuidoosten VS | |
| 36 | Westplan Development Fund XI, Alta Frisco | 340 | 2008 | 2016 | $11,335,024 | $13,828,729 | 1.22 | 2% | Dallas, TX | |
| 37 – 41 | Westplan Bethany Apartments Portfolio | 858 | 2011 | 2013-2015 | $8,000,000 | $12,800,000 | 1.60 | 19% | Atlanta, GA | |
| – | Westplan Development Fund XI, Alta Frisco Holdings | 340 | 2011 | 2016 | $6,564,866 | $13,195,381 | 2.01 | 18% | Dallas, TX | |
| – | Westplan Development Fund III, Alta Cave Creek Holdings | 237 | 2011 | 2016 | $3,238,669 | $7,222,231 | 2.23 | 16% | Phoenix, AZ | |
| – | Westplan Development Fund IX, Mountain Vista Holdings | 384 | 2011 | 2018 | $3,707,116 | $10,314,731 | 2.78 | 14% | Phoenix, AZ | |
| – | Westplan Development Fund VIII Holdings | 309 | 2011 | 2022 | $8,072,596 | $25,590,130 | 3.17 | 12% | Dallas, TX | |
| – | Westplan Preferred Equity Fund | 1.270 | 2011 | 2022 | $10,853,708 | $29,630,623 | 2.73 | 14% | Phoenix, AZ & Dallas, TX | |
| 42 | Westplan Indigo Apartments | 330 | 2012 | 2015 | $4,818,000 | $7,320,000 | 1.52 | 17% | Baton Rouge, LA | |
| – | Westplan Palm Apartments (Alta mira) | 240 | 2012 | 2016 | $2,233,333 | $5,359,999 | 2.40 | 21% | Miami, FL | |
| 43 – 47 | Westplan Cortland Portfolio Apartments | 1.435 | 2012 | 2014-2019 | $5,980,000 | $10,280,000 | 1.72 | 16% | Jacksonville, FL; Houston, Dallas, TX | |
| 48 | Alta Westheimer Apartments | 133 | 2013 | 2022 | $6,472,924 | $4,325,216 | 0.67 | -5% | Houston, TX | |
| 49 | Westplan Highland Apartments | 390 | 2013 | 2015 | $3,800,000 | $10,529,344 | 2.77 | 57% | Atlanta, GA | |
| 50 | Westplan Aspire at the Ballpark | 206 | 2014 | 2016 | $3,200,000 | $5,920,000 | 1.85 | 23% | Atlanta, GA | |
| 51 | Accent North Druid Hills Apartments | 310 | 2014 | 2017 | $14,758,737 | $28,779,537 | 1.95 | 25% | Atlanta, GA | |
| 52 | Accent West Midtown Apartments | 181 | 2014 | 2024 | $6,250,974 | $9,376,461 | 1.50 | 7% | Atlanta, GA | |
| 53 | Westplan Bellevue Apartments | 322 | 2015 | 2017 | $13,545,124 | $26,920,934 | 1.99 | 32% | Nashville, TN | |
| 54 | Westplan Mariner Grove Apartments | 320 | 2015 | 2017 | $6,044,000 | $11,423,160 | 1.89 | 33% | Savannah, GA | |
| 55 – 56 | Westplan Cheshire Bridge | 437 | 2016 | 2020 | $20,933,336 | $31,580,335 | 1.51 | 12% | Atlanta, GA | |
| 57 | Accent Cumberland Apartments -Interim Finance | NA | 2017 | 2018 | $7,300,000 | $8,505,022 | 1.17 | 13% | Atlanta, GA | |
| 58 | Westplan The Ellis Apartments | 235 | 2017 | 2019 | $7,425,000 | $10,931,154 | 1.47 | 21% | Savannah, GA | |
| 59 | Accent Lakewood Apartments | 200 | 2017 | 2020 | $5,750,000 | $10,561,178 | 1.84 | 20% | Athens, GA | |
| 60 | Accent Metrocenter | 282 | 2018 | 2020 | $15,075,000 | $22,664,981 | 1.50 | 33% | Nashville, TN | |
| 61 | Accent Daniel Island | 283 | 2019 | 2021 | $13,099,950 | $28,820,394 | 2.20 | 39% | Charleston, SC | |
| 62 | Accent Nolensville Pike | 236 | 2019 | 2022 | $12,900,000 | $30,785,344 | 2.39 | 44% | Nashville, TN | |
| Totaal/Average | 16,739 | $444,919,630 | $748,891,067 | 1.68 | 15% |
Note: Several investments consisted of multiple projects.
| #Units | Year initiated | Disposition Year |
Equity | Distributions to Equity | Equity Multiple | IRR | Market | ||
|---|---|---|---|---|---|---|---|---|---|
| 1 | River Club Apartments | 266 | 1996 | 1999 | $3,750,000 | $7,290,000 | 1.94 | 46% | Athens, GA |
| 2 | River Walk Townhomes | 100 | 1997 | 1999 | $1,950,000 | $2,640,000 | 1.35 | 22% | Athens, GA |
| 3 | St. Marlowe Apartments | 300 | 1999 | 2001 | $4,020,000 | $6,298,799 | 1.57 | 27% | Atlanta, GA |
| 4 | Old Mill Apartments | 260 | 1999 | 2006 | $3,895,000 | $3,892,302 | 1.00 | 0% | Columbia, SC |
| 5 | St. Albans Apartments | 228 | 2000 | 2004 | $1,450,000 | $2,540,000 | 1.75 | 27% | Atlanta, GA |
| 6 | St. Ives Apartments | 332 | 2000 | 2006 | $3,200,000 | $7,750,670 | 2.42 | 16% | Atlanta, GA |
| 7 | Cedar Grove Apartments | 248 | 2001 | 2007 | $4,140,000 | $6,916,610 | 1.67 | 13% | Charleston, SC |
| 8 | Hillside Vista Apartments | 212 | 2002 | 2005 | $3,330,000 | $4,460,657 | 1.34 | 10% | Atlanta, GA |
| 9 | Cavalier Creekside Apartments | 280 | 2002 | 2005 | $3,360,000 | $4,644,562 | 1.38 | 14% | Atlanta, GA |
| 10 | Arbor Vista Apartments | 250 | 2002 | 2006 | $2,826,000 | $4,337,356 | 1.53 | 10% | Atlanta, GA |
| 11 | Westplan Development Fund II, Five Oaks | 280 | 2003 | 2006 | $4,194,175 | $8,434,883 | 2.01 | 41% | Atlanta, GA |
| 12 | Westplan Development Fund IV, Alta Stone Oak | 250 | 2004 | 2007 | $4,582,498 | $7,082,739 | 1.55 | 16% | San Antonio, TX |
| 13 | Westplan Rental Fund II | 282 | 2004 | 2013 | $4,731,141 | $8,258,371 | 1.75 | 7% | Houston, TX |
| 14 – 15 | Westplan Rental Fund | 536 | 2004 | 2015 | $9,417,057 | $21,166,404 | 2.25 | 8% | Atlanta, GA |
| 16 | Westplan Development Fund III, Alta Cave Creek | 237 | 2004 | 2016 | $4,543,656 | $4,543,656 | 1.00 | 0% | Phoenix, AZ |
| 17 | Westplan Development Fund V, Alta Phoenix | 335 | 2005 | 2006 | $7,572,760 | $10,086,210 | 1.33 | 21% | Phoenix, AZ |
| 18 | The Heights at Northlake | 360 | 2005 | 2008 | $6,953,891 | $10,275,811 | 1.48 | 12% | Atlanta, GA |
| 19 | Armour Lofts | 372 | 2006 | 2014 | $19,870,887 | $23,286,657 | 1.17 | 1% | Atlanta, GA |
| 20 – 21 | Westplan Development Fund VIII | 709 | 2006 | 2022 | $19,053,520 | $0 | 0 | -100% | Atlanta, GA & Dallas, TX |
| 22 | Westplan Development Fund X, Alta Crossing | 258 | 2007 | 2016 | $5,000,188 | $6,152,725 | 1.23 | 2% | Houston, TX |
| 23 | Westplan Alta Mira Apartments | 240 | 2007 | 2016 | $3,315,750 | $7,924,643 | 2.39 | 10% | Miami, FL |
| 24 | Westplan Development Fund IX, Mountain Vista | 384 | 2007 | 2018 | $13,131,152 | $5,247,388 | 0.40 | -8% | Phoenix, AZ |
| 25 | Westplan Eagle’s Brooke | 248 | 2007 | 2018 | $10,807,471 | $16,751,580 | 1.55 | 5% | Atlanta, GA |
| 26 – 35 | Westplan Residential Development Fund | 3,274 | 2007/2008 | 2012-2017 | $98,466,128 | $192,244,159 | 1.95 | 8% | Zuidoosten VS |
| 36 | Westplan Development Fund XI, Alta Frisco | 340 | 2008 | 2016 | $11,335,024 | $13,828,729 | 1.22 | 2% | Dallas, TX |
| 37 – 41 | Westplan Bethany Apartments Portfolio | 858 | 2011 | 2013-2015 | $8,000,000 | $12,800,000 | 1.60 | 19% | Atlanta, GA |
| – | Westplan Development Fund XI, Alta Frisco Holdings | 340 | 2011 | 2016 | $6,564,866 | $13,195,381 | 2.01 | 18% | Dallas, TX |
| – | Westplan Development Fund III, Alta Cave Creek Holdings | 237 | 2011 | 2016 | $3,238,669 | $7,222,231 | 2.23 | 16% | Phoenix, AZ |
| – | Westplan Development Fund IX, Mountain Vista Holdings | 384 | 2011 | 2018 | $3,707,116 | $10,314,731 | 2.78 | 14% | Phoenix, AZ |
| – | Westplan Development Fund VIII Holdings | 309 | 2011 | 2022 | $8,072,596 | $25,590,130 | 3.17 | 12% | Dallas, TX |
| – | Westplan Preferred Equity Fund | 1,270 | 2011 | 2022 | $10,853,708 | $29,630,623 | 2.73 | 14% | Phoenix, AZ & Dallas, TX |
| 42 | Westplan Indigo Apartments | 330 | 2012 | 2015 | $4,818,000 | $7,320,000 | 1.52 | 17% | Baton Rouge, LA |
| – | Westplan Alta Mira Apartments Holdings | 240 | 2012 | 2016 | $2,233,333 | $5,359,999 | 2.40 | 21% | Miami, FL |
| 43 – 47 | Westplan Cortland Portfolio Apartments | 1.435 | 2012 | 2014-2019 | $5,980,000 | $10,280,000 | 1.72 | 16% | Jacksonville, FL; Houston, Dallas, TX |
| 48 | Alta Westheimer Apartments | 133 | 2013 | 2022 | $6,472,924 | $4,325,216 | 0.67 | -5% | Houston, TX |
| 49 | Westplan Highland Apartments | 390 | 2013 | 2015 | $3,800,000 | $10,529,344 | 2.77 | 57% | Atlanta, GA |
| 50 | Westplan Aspire at the Ballpark | 206 | 2014 | 2016 | $3,200,000 | $5,920,000 | 1.85 | 23% | Atlanta, GA |
| 51 | Accent North Druid Hills Apartments | 310 | 2014 | 2017 | $14,758,737 | $28,779,537 | 1.95 | 25% | Atlanta, GA |
| 52 | Accent West Midtown Apartments | 181 | 2014 | 2024 | $6,250,974 | $9,376,461 | 1.50 | 7% | Atlanta, GA |
| 53 | Westplan Bellevue Apartments | 322 | 2015 | 2017 | $13,545,124 | $26,920,934 | 1.99 | 32% | Nashville, TN |
| 54 | Westplan Mariner Grove Apartments | 320 | 2015 | 2017 | $6,044,000 | $11,423,160 | 1.89 | 33% | Savannah, GA |
| 55 – 56 | Westplan Cheshire Bridge | 437 | 2016 | 2020 | $20,933,336 | $31,580,335 | 1.51 | 12% | Atlanta, GA |
| 57 | Accent Cumberland Apartments -Interim Finance | NA | 2017 | 2018 | $7,300,000 | $8,505,022 | 1.17 | 13% | Atlanta, GA |
| 58 | Westplan The Ellis Apartments | 235 | 2017 | 2019 | $7,425,000 | $10,931,154 | 1.47 | 21% | Savannah, GA |
| 59 | Accent Lakewood Apartments | 200 | 2017 | 2020 | $5,750,000 | $9,825,176 | 1.71 | 20% | Athens, GA |
| 60 | Accent Metrocenter | 282 | 2018 | 2020 | $15,075,000 | $22,664,981 | 1.50 | 33% | Nashville, TN |
| 61 | Accent Daniel Island | 283 | 2019 | 2021 | $13,099,950 | $28,820,394 | 2.20 | 39% | Charleston, SC |
| 62 | Accent Nolensville Pike | 236 | 2019 | 2022 | $12,900,000 | $30,785,344 | 2.39 | 44% | Nashville, TN |
| Total/Average | 16,739 | $444,919,630 | $748,155,065 | 1.68 | 15% |
Aantal projecten |
|
| Afgerond | 61 |
| Huidige portefeuille | 8* |
| Totaal sinds start | 69 |
Aantal appartementen |
|
| Afgerond | 16.558 |
| Huidige portefeuille | 1.600* |
| Totaal sinds start | 18.158 |
Totaal $ uitgekeerd aan investeerders** |
|
| Afgerond | $738.778.604 |
| Huidige portefeuille | – |
| Totaal sinds start | – |
Equity Multiple |
|
| Afgerond | 1.68 |
| Huidige portefeuille | – |
| Totaal sinds start | – |
Gem. IRR p/j |
|
| Afgerond | 15% |
| Huidige portefeuille | – |
| Totaal sinds start | – |
Gem. IRR p/j projecten gestart in laatste 10 jaar |
|
| Afgerond | 24% |
| Huidige portefeuille | – |
| Totaal sinds start | – |
Gem. IRR p/j projecten gestart in laatste 5 jaar |
|
| Afgerond | 25% |
| Huidige portefeuille | – |
| Totaal sinds start | – |
Totaal eigen vermogen geïnvesteerd** |
|
| Afgerond | $438.668.656 |
| Huidige portefeuille | $219.975.474 |
| Totaal sinds start | $658.644.130 |
Totaal $ geïnvesteerd** |
|
| Afgerond | $1.642.161.073 |
| Huidige portefeuille | $303.882.936 |
| Totaal sinds start | $1.946.044.009 |
* Including apartments that are under construction
** Excluding $32.5M Class A
Bestaan sinds
1994
Managementteam werkt gemiddeld samen
18jaar
Omvang team
16