MSC PRESENTS
THE RESERVE AT HICKORY CREEK
HICKORY CREEK (DFW) TX
MarketSpace Capital (the ‘Sponsor’) is developing The Reserve at Hickory Creek (the ‘Property’), 225 single family townhomes for sale on approximately 19-acres in Hickory Creek, Texas.
The Property is located in Hickory Creek, Texas, located on the North side of Lewisville Lake, 30 miles North of downtown Dallas. The surrounding area of the site boasts the perfect storm of housing demand. Hickory Creek offers the ideal blend of city life and country charm, with parks, nature trails, boat docks, sports associations, vibrant neighborhoods, family farms & great school districts. The area is also close to many business, retail & Entertainment, such as: Bank of America, Carmike Cinema, Children’s Lighthouse, Cornelius Town Center, GameStop, Starbucks, Vista Academies, and Wal-Mart.
Review our webinar recording for more information about this offer.
THE RESERVE AT HICKORY CREEK
INVESTMENT HIGHLIGHT
- Already Established Senior Debt: Citizens First Bank established senior debt with a line of credit to draw upon as horizontal construction begins.
- Public Improvement District (PID): Hickory Creek established the PID to reimburse development costs for roads, utilities, street lighting, walkways. Sponsors have $6.09MM access to PID funds.
- All Permits and Approvals Secured: Construction can begin as soon as the capital stack is fully funded.
- Low-Risk Investment: One-year timeline for horizontal construction. Options for recapitalization include selling completed lots outright for $92K/lot to institutional developers or co-developing with regional developers. Basis remains $92K/lot if co-developing, allowing buyout of investors. Co-developers will bring debt and equity for vertical.
TARGETED EQUITY MULTIPLE
1.15x
TARGETED HOLD
PERIOD
1-2 YEAR
PROPERTY
TYPE
SINGLE FAMILY
INVESTOR PREFERRED RETURNS
15%
FREQUENTLY ASKED
QUESTIONS
MarketSpace Capital (“MarketSpace,” “MSC” or the “Company”) is a Private Equity Real Estate Firm headquartered in Houston, Texas that focuses on mixed use developments, ground up developments and value add investments throughout the United States. From a structuring standpoint, MSC raises capital pursuant to Regulation D of the Securities Act, and the investors are generally entitled to a preferred return, a return of their capital, plus a majority share of the free cash flow thereafter. As the sponsor of the investment, the Company, or an affiliate thereof, is entitled to development or other acquisition fees, asset management fees plus a carried interest in the cash flow of the property.
The properties are located in Northwest Houston, Texas, offering a convenient suburban location. They are conveniently located less than 1 mile from I-45 & the North Tollway, providing easy access for residents commuting to the city or suburbs. Northwest Houston is a desirable submarket, offering a suburban feel while being close enough to the city for easy travel.
The general deadline for any investment will be 60 to 90-days from the effective date of the Purchase and Sales Agreement. Generally, there will be no extensions available
MSC is focused on institutional-grade, ground-up developments and value-add acquisitions within the Multifamily space, that has the ability to get a minimum return of 20% IRR and 1.8x Equity Multiple. This return will be based on a 5-year holding period and subject to liquidity events due to refinance opportunities for each asset. The geographic focus for the investments will be high-growth, primary and secondary markets in the United States.
Please click on “SCHEDULE FREE INVESTOR DISCOVERY CALL” below the faqs to schedule a call with MarketSpace Capital’s Investor Relations Specialist George Murphy.
The minimum investment amount is $25,000.00.
Please submit your interest through the “Make a Soft Commitment” button and we will send you the deal documents to review. You can ask our team questions by filling out the soft commitment form or scheduling a call with us by clicking on the “SCHEDULE FREE INVESTOR DISCOVERY CALL”.
Once you indicate interest, we will send you an email with the deal documents for review. When you have reviewed the documents and are ready to make an investment, please send us an email letting us know that you are ready to sign your documents and provide your firm commitment allocation request amount and full investor (or investing entity) name.*
If we are able to accommodate your allocation request, we will then finish the signing and wiring process through our secure investor portal. Your final signed documents and investment details will be available through the investor portal following the closing of the offering.
*Due to the high interest in this deal, please note that there is a chance that we may not be able to accommodate all allocation requests. Please be assured that we will do our best to accommodate as many investors as possible.
Yes! We encourage you to invite friends, family, co-workers, and others in your network to view and collaboratively evaluate this deal. If you have run out of invites, please let us know.
Investors who share this deal will gain early access to the deal in the event of oversubscription. You may also gain early and/or exclusive access to our future deals. In addition to gaining early/exclusive access to future deals from us, you will also grow your network and unlock deals from other sponsors as your network grows.
Sponsor and Investment
Highlights
HIGHLY EXPERIENCED partners
MarketSpace Capital has surrounded itself with a team of professionals and has developed the Strategic Plan for the Project.
EXPERTISE IN REDEVELOPMENT
MarketSpace Capital acquires, develops, and operates Multifamily and commercial properties across the United States.
ENJOY THE BENEFITS OF INVESTING WITH
MARKETSPACE CAPITAL
✓ PROGRAMMATIC INVESTMENTS
✓ DATA-DRIVEN INVESTMENT APPROACH
✓ PERFORMANCE
TRACKING
KEY PERFORMANCE INDICATORS
.
$1.2B
OF ASSETS UNDER MANAGEMENT (AUM)
NEARLY
3,000
TOTAL UNITS
.
80+
YEARS OF COMBINED EXPERIENCE
About Us
MarketSpace Capital, LLC is a Houston, Texas-based private equity real estate development firm focused on ground up developments and value-add investments throughout the United States.
Find Us
Headquarters
9100 Southwest Freeway, Suite 201 Houston, Texas 77074
© 2023 MarketSpace Capital. All Rights Reserved.