6th & chicon-cutting edge Hospitality_ project overview
The Project is a 60 key, cutting edge hospitality project. This well appointed property rests in the vibrant and expanding East 6th Street Transit Oriented District in Austin, Texas. The Project is a newly constructed urban luxury format, created with class A touches and convenience, built using cold form metal framing technology, helping to create a high quality building and lowering the environmental inpact by reducing waste in the construction process. Completion spring 2025
Creative Covered Land
kramer
REturned 3.5x Equity multiple to investors_kramer project overview
The project was a value-add office building, converted and tenanted as a Primary Education facility serving students K-3rd. Located in North Austin outside of the vibrant "Domain" sub-market widely referred to as Austin's 2nd downtown. This projects sat on over 2 acres of land in the path of growth, allowing for future development optionality. This project was sold in 2023, round-tripping investor capital for a successful 7x+ deal level equity multiple.
Luxury single family houses
Sylvan
Equity Growth of more than 10x_Sylvan project overview
The project is a well located housing property in the rapidly rising East Riverside sub-market of Austin, Tx (East Travis Height Neighborhood). The Business plan included a subdivision, creating growth of equity of more than 10x.
Single Family Lot Development
North Texas Subdivisions
Subdivision Development
The Watershed Development Group has partnered with Mitchell Development to bring acres of single-family-home-lots online. Focusing on the high demand north Texas submarkets of Grayson and Collin Counties.
We are investing in land and installing infrastructure. We do this by leveraging our vertiacally integrated platform to self perform; dirt work, utilities, and roadway constuction. We then sell the lots in these communites to some of the nations largest homebuilders, as they try to meet demand for houses, in one of the fastest growing submarkets in the country.
Detroit Restoration
Early 1900’s Apartment Restoration
Waterhed Devleopment Group partnerd with Moontower Capital to aquire and restore this early 20th century brick apartment complex. The project is a well located, 1920’s built, apartment renovation project in the rapidly rising Mid Town neighborhood of Detroit, Michigan. Midtown is home to Wayne State university and several hot spot eateries. . The business plan included a moderate value-add program with a focus on bringing this beautiful building back to life, mixing orignal charm with curated modern flair. Through this stratigic renovation process the project has been able to increase rents an eyepopping 2.5x on renovated units. Stabilization, including repositioning and re-tenanting. This project is a moderate term hold, and currently cashflowing.