Marshall Lofts
Investment Portfolio
Marshall Lofts
Key Highlights:
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- Project Size: 135,000 sq. ft. mixed-use commercial development.
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- Investment: $25 million total, leveraging NMTC, HTC, and deferred development fees.
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- Strategic Fit: Integrating affordable multifamily housing and commercial development to create a high-growth ecosystem.
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- Partnerships: Public-private collaborations with local universities and entities.
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- Long-Term Vision: Capitalizing on underserved markets for high returns and sustainable job creation.
Investing in the Future: A $22M Build-for-Rent Community in Marshall, TX
Versatile Global is investing $22 million to develop a 156-unit build-for-rent community just six blocks from downtown Marshall, TX. This project aligns with our strategic focus on affordably-priced housing, designed to capture the growing demand in smaller Texas markets.
As real estate markets face increasing pressure, we are seizing opportunities others are missing. Versatile Global’s investment philosophy is simple: sell to optimists and buy from pessimists. While many investors remain on the sidelines, we are moving forward confidently, recognizing that downturns create the most compelling investment opportunities.
Why Build-for-Rent Housing?
We believe build-for-rent will be the next major asset class in real estate, poised to evolve into a multi-billion dollar sector. Our target tenants, including teachers, nurses, first responders, and contractors, are a key demographic seeking affordable, rent-capped housing. This demographic supports our strategy of generating steady, long-term returns for disciplined investors.
Capitalizing on Megatrends
Our investment approach is shaped by megatrends in technology, demographics, and affordability. As more people look beyond traditional urban centers for affordable housing, our focus on smaller Texas markets positions us to capture significant market growth. By partnering with state and local entities, we’re not only developing much-needed housing but also delivering one of the most promising new investment classes to our investors.
This acquisition is backed by a joint venture: $18 million in debt and tax credits sponsored by Versatile Global, a $3 million equity investment through VGI I, and a $1 million fee deferment by Versatile Developments.
Now is the time to invest boldly in a high-growth sector that offers strong potential returns, while meeting a critical social need.
Project Overview: Marshall Lofts
Unit Breakdown:
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- 60: One-Bedroom / One-Bath Units
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- 76:Two-Bedroom / One-Bath Units
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- 20: Three-Bedroom / Two-Bath Units
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- Total Development Cost: $22 million
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- Financing Strategy: We plan to optimize returns by leveraging debt, which will maximize profitability without compromising the long-term viability of the project.
Why Marshall?
2. Rapid Growth & Strategic Location Just 30 minutes from Longview, TX, and Shreveport, LA, Marshall is positioned for tremendous growth. Its business-friendly environment and exceptional infrastructure make it an ideal location for investment and development.
Why We Invested in Marshall Lofts
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- Strategic Location: Located at the crossroads of major economic hubs, with access to transportation, trade, and growing industries.
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- Underserved Demographic: Addressing a need for affordable housing in an area with limited new developments.
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- Long-Term Growth Potential: The area’s rapid evolution offers promising growth prospects, both in population and economic activity.