A triple net lease (triple-net or NNN) is a lease agreement on a property commonly found in commercial real estate. With a triple-net lease, the tenant or lessee promises to pay all the expenses of the property, including real estate taxes, building insurance, and maintenance in addition to the cost of rent and utilities. Triple net leased properties have become popular investment vehicles for investors because they provide low-risk, steady income.
Current Projects Fully Funded
Ongoing management of existing developments is crucial to providing the investor returns we’ve been able to produce in our full cycle projects.
Here are the ongoing projects with some specifics that make them unique.
The Fund is a diversified portfolio of triple net leased (NNN) assets deemed essential and / or mission critical to the tenant. The primary goal is to provide current income in a real estate investment that meets the investment objective of a growth and income investor.
The Dunhill was built in 2010 and is a four-story wrap-style apartment building that is situated on 4.11 acres of land in the highly sought-after Design District area near downtown Dallas. This is a modern, value-add offering that will be structured through a 1031/DST.
BV Capital raised $11.5MM to provide bridge capital for the purchase of a 50 bed Inpatient Neuro Rehabilitation Hospital. The property is located in North Sacramento, CA along Interstate 5 between the airport and downtown.
Bridgeview Real Estate raised $4.3M from individual investors as well as an insurance company to acquire 14 acres at the corner of Alpha and Inwood in the highly desirable Dallas Galleria area in 2013.
A 127 acre mixed-use project in Corpus Christi, TX. The first phase of the project will include a 300 plus unit class A multifamily property. The property is located next to the Texas A&M Corpus Christi campus near Corpus Christi Bay.
A value add student housing portfolio consisting of properties at TCU and the University of Texas at Arlington. Both schools are experiencing significant enrollment growth and both properties are within 1/2 mile of campus.
The Villas at Sierra Vista Apartments are a 227 Unit workforce housing multifamily property about 9 miles west of Fort Worth, TX. Sierra Vista was purchased by a Bridgeview affiliate as a distressed property.
The Fund has a dual investment strategy. These new developments are focused on access to retail, close proximity to upscale single family housing, quality schools, and transportation arteries.