Dallas, TX – Dallas, Texas – In July 2015 a land developer and partner of International Capital (IC) successfully sold the available construction lots in the single home project Champion Circle, in Fort Worth , Texas. The parcel sold recently is compromised out of of 90 acres, located near the Fort Alliance Airport. The project is situated directly south of Highway 114 and close to Interstate I-35W. In 2009 IC created a mezzanine facility for the development project. This loan plus all interest was now repaid with the sale of the recent acreage to large regional builders in the North Texas market. This last parcel was sold to Gehan Homes and History Maker Homes for the construction of single-family homes.
IC successfully adjusted the facility to the needs of the market after the Big Recession in 2008. Investors achieved a cash -on – cash multiple of close to 2 times the initially invested amount, well above the originally expected return. The annual return to investors exceeded 16 % per annum.

ABOUT INTERNATIONAL CAPITAL, LLC

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.