Houston Secured Development Partners
June 6, 2016
Single Family Home Development Fund
DMI partnered with Houston Secured Development Partners to fund property acquisitions and construction ideal for the company’s development investment strategies in Houston, Texas.
The Company also expects to acquire, rent, rehabilitate, and/or sell other residential properties, which are primarily expected to be funded through profits received from the multifamily investments.
This opportunity proved to be highly attractive for investors and real estate purchasers alike, which gave it an added edge over similar projects and made it a significantly more marketable project.
Investors benefited from a flexible strategy, weighing the pros and cons of outright property sales vs. longer-term holds.