Third Quarter
2022 Fund I Report

Problem

A shortage in supply
of workforce housing

solution

Increase supply by purchasing and renovating distressed homes to meet demand

Progress Report

238
PROPERTIES purchased
$15M
capital raised

Since November 2020

The Big Long? A Deep Dive on U.S. Housing

Our friends at Voss Capital recently published a 6-part series with an in depth review of the U.S. Housing market. We highly recommend this as a resource in furthering one’s knowledge on why we have such conviction on the supply/demand imbalance for our sector of the housing market.

Video Summary

Deal by the Numbers

show me a typical deal

1300 Meadowbrook Drive, Garland TX

buy
$110,574
REHAB + CARRY
$66,121
TOTAL COST
$176,695
MARKET VALUE
$200,000
before
after

$1,600

LEASED

1.34x

RETURN ON EQUITY
(unrealized)

8.3%

CASH ON CASH

How We Build: Announcing our New Hires

BOGDAN IONICA
Project Manager

Bogdan is a Green Residential Project Manager for the DFW area. He oversees renovation projects from start to finish, plans on-site property inspections prior to purchase, and coordinates local general contractors performing construction. Prior to joining Green Residential, he worked as a project manager at a local design build company in DFW. He lives in Dallas with his wife and two daughters.

Property Highlights

Before and after of our latest projects
216 ANTIONETTE LN
CROSBY, Tx 77532
before
after
before
after
before
after
before
after
before
after
610 SUTTON DR
SAN ANTONIO, Tx 78228
before
after
before
after
before
after
before
after
before
after
1411 SAN ANDREAS
SAN ANTONIO, TX 78228
before
after
before
after
before
after
before
after
before
after
8110 COUNTRY WIND
HOUSTON, TX 77040
before
after
before
after
before
after
before
after
before
after
12621 VETERANS MEMORIAL DRIVE UNIT B
HOUSTON, TX 77014
before
after
before
after
before
after
before
after
before
after

Goals for the 4th Quarter

Goal 1

Rehab Remaining Properties in Dallas

Goal 2

Stabilize and Lease Portfolio

Portfolio Summary & Financials

Investment Team

LEON GREEN
President, CPA
JOHN HOLLAND
Head of Acquisitions
BURTON HANSON
Senior Vice President
DARRYL CLARK
Director of Construction Management
ZACH HUGHES
Senior Vice President