PORTFOLIO

NewCo I

Closing date: February 2024

Location: North Atlanta

Unit Count: 104 Units

Target IRR: 19.85%

Target Equity Multiple: 1.24x

*IRR and Equity Multiple expressed as Project-Level Returns

Apex Newco I is a BTS portfolio, which strategy is to develop brand-new single-family homes. It capitalizes on Atlanta's housing market and Apex's strategic land acquisition, construction, and business plan execution. Overall, this strategy intends to continue delivering returns for its investors. Unlike typical flips, Newco I focuses on building new, high-quality homes in desirable locations, ensuring long-term stability and appreciation alongside immediate profit potential