Vitae Capital II, LLC Investments
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.
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.
SH4
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.
Vesper
LP member interest in the Pearlstone Partners Vesper development Class A high-rise condominium development Downtown Austin, Texas.
Frank West
LP member interest in the StoryBuilt Frank West development. Community of 23 single-family and 7 townhomes. Central Austin, Texas.
Two Westlake Park
LP member interest in the Younan Company Two Westlake Park property. Class A commercial office building. Houston, Texas (Energy Corridor).
Drexel
LP member interest in the Oden Hughes Drexel development. 259-unit Class A apartment development. Houston, Texas (Uptown: River Oaks, Greenway Plaza, Galleria).
Creekside Property
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). Acreage was sold, and the investment liquidated, yielding 422% IRR to Vitae...
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).
