Dallas, TX – Dallas, Texas – An International Capital investor invested in the acquisition and single family lot development of 9.5 acres of land located in Lewisville, Denton County. The builder, Fireside Custom Homes, LLC, will divide the parcel into single family lots and build 33 energy efficient single family homes for age restricted residents of 55 years and older. The property is located in close proximity to nearby medical facilties/hospitals, shopping centers and churches. A walking trail around the property is part of this senior friendly development.
The investor is represented by an international family office, which has long standing experience of investments in the US. International Capital advised the Family Office on structuring and positioning the investment and will serve throughout the construction and marketing period in a supervising role to the investor. The strong demand for senior living homes and lack of competing products in the area made for an intriguing investment opportunity.
International Capital, LLC is a boutique real estate advisory firm with over 35 years experience representing more than 100 legal entities in its capacity as asset manager and as property manager. The company handles a portfolio of more than 20 properties in the southwestern United States. Offering a wide range of commercial real estate services, specialties include the acquisition, disposition, management and administration of commercial investment properties. Land and property development, funds conception, mezzanine financing and cash management are also integral parts of the company’s portfolio.