Other Investments of Vitae Capital-Associated Companies

LP Member interest in the Pearlstone Partners HOM development. 79-unit class A condominium development. East Austin (Govalle neighborhood). Project has matured, returning 19.7% IRR to Vitae IX Investments, LLC. 

LP member interest in the Green Pastures (AC 811 Live Oak, LLC) development. Redevelopment of the iconic Green Pastures with updated restaurant and boutique hotel. Central Austin, Texas.

LP Member interest in the Pearlstone Partners Axiom East development. 55-unit class A condominium development. Central Austin. Project has matured, returning 17.7% IRR to Vitae IX Investments, LLC.

LP member interest in the Younan Properties Burbank Corporate Center property. Class A commercial office building. Los Angeles, California.

LP member interest in the Younan Properties Warner Crossings property. Class A commercial office buildings. Tempe, Arizona. Project has matured, returning 6.06% IRR to Vitae Real Estate Holdings IV, LLC.

LP member interest in the Mathias Partners Tyndall development. Modern Class A luxury residences in downtown Austin. Project has matured, returning 7.56% IRR to Vitae Real Estate Holding III, LLC.

LP member interest in the Pearlstone Partners Cascade development. Class A condominium development. Central Austin. At the corner of Lamar & 25th, near West Campus.

Development of a retail and office center. LP member interest in the Nitya Capital Marcel Town Center development. Sugar Land, Texas.

Acquisition and stabilization of 29 multifamily properties, totaling 155 rental units. The entity was matured in 5.9 years, and the portfolio was sold by December 2018. Annualized ROI of 32% to Investors (total ROI of 189% in 5.9 years).

Acquisition and stabilization of 6 fourplexes, totaling 24 rental units. The entity was matured in 2.2 years, and the portfolio was sold by April 2017. Annualized ROI of 44% to Investors (total ROI of 96% in 2.2 years).