Vitae Capital II, LLC Investments
SH-127
LP member interest in the SH-127, LLC development. Development of 127 acres of property for sale to a home builder or other developer. East Austin (3 miles from the new Tesla Gigafactory). The investment exited in 2021 yielding 422% IRR to Vitae Capital II, LLC.
Solms Landing
LP Member interest in the Lonestar Development Partners Solms Landing development 350-unit Class A apartment development. New Braunfels, Texas. This project was sold at the land phase, returning 38.1% IRR to Vitae Capital II, LLC.
SH-46
LP Member interest in the SH-46 Management, LLC project. Purchase and improvement of 46 acres of land ~ 1 mile from the Tesla Gigafactory. Austin, Texas. The project has matured, returning 30.4% IRR to Vitae Capital II, LLC.
SH-4
LP Member interest in the SH4-HC Management, LLC project. Purchase and entitlement of 4 acres of land ~ 1 mile from the Tesla Gigafactory. Eventual resale to hotel, retail, or multifamily developer. East Austin. Projected exit Q4 2024
Lenox Oaks
LP member interest in the Oden Hughes Drexel development. 259-unit Class A apartment development. Houston, Texas (Uptown: River Oaks, Greenway Plaza, Galleria). Projected exit Q3 2023
Vesper
LP member interest in the Pearlstone Partners Vesper development Class A high-rise condominium development Downtown Austin, Texas. Projected exit Q4 2024
Two Westlake Park
LP member interest in the Younan Company Two Westlake Park property. Class A commercial office building. Houston, Texas (Energy Corridor). Projected exit Q4 2024
Frank West
LP member interest in the StoryBuilt Frank West development. Community of 23 single-family and 7 townhomes. Central Austin, Texas. Projected exit Q4 2023
Mira
LP member interest in the Sabot Development Mira development. 325 units Class A Mixed-Use Multi-Family. San Antonio.
Parkside at Mueller
LP member interest in the Pearlstone Partners Parkside at Mueller development. 200-unit Class A condominium development. Mueller (master planned community near central Austin). Projected exit Q2 2024
