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TPEG SELLS THE GRAYSON APARTMENTS


In March 2015, TPEG partnered with Bridgeview Real Estate to develop a 330-unit multifamily community named The Grayson Apartments in Spring, TX, a suburb of Houston. The sale of the property closed on April 24, 2019. Trinity investors realized an internal rate of return (“IRR”) of 18.65% and a cash-on-cash return of 2.01x over the 49-month investment horizon.

#TPEGBridgeviewRE #MultiFamilyDevelopment