New multifamily construction starts have dropped across Texas from 2022 at a sizable margin. With fewer units coming online and the migration to Texas showing no signs of slowing, we expect to see this supply-demand imbalance materialize in 2025.

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BV Capital is projecting a 7% annual preferred return for the new investment vehicle, which is coming to market as a real estate alternative for accredited income investors.

“The beauty is we’ve created a fund that produces cash flow for accredited investors with tax benefits minus the turbulence of today’s markets,” Anderson says.

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