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, LLC project. Purchase and entitlement of 4 acres of land ~ 1 mile from the Tesla Gigafactory. East Austin. The investment exited in 2023, yielding 28.2% IRR to Vitae Capital II, LLC.
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
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 Q4 2024
Vesper
LP member interest in the Pearlstone Partners Vesper development Class A high-rise condominium development Downtown Austin, Texas. Projected exit Q1 2025
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 Q2 2024
Mira
LP member interest in the Sabot Development Mira development. 325 units Class A Mixed-Use Multi-Family. San Antonio.
