Search

TPEG SELLS POINTE ON CALLOWAY


On June 6, 2018, TPEG and S2 Capital, LLC successfully closed on the sale of Pointe on Calloway (formerly known as Hamilton Villas), a 214-unit multifamily community located in Hurst, Texas.

TPEG investors realized an IRR of 39.9% and a cash on cash return of 256.0% over the 46 month investment period upon sale. TPEG and S2 expect one additional distribution that will push the final IRR to approximately 40.8% and final cash on cash return to 262.2%.

#TPEGS2Capital #MultiFamilyValueAdd