Des Moines, Iowa

Equity raised

>>>>Des Moines, Iowa
Des Moines, Iowa Cogress 2019-01-04T08:46:51+00:00

Project Description

Land acquisition, demolition, construction of 213 residential units multifamily building, lease up, stabilization, and sale.

SE 6th Street
Des Moines IA 201

Year launched

2017

Expected duration

36 Months

About the neighborhood

Center map
Traffic
Bicycling
Transit

The East Village neighborhood of Des Moinesis considered the heart of the City, where the concentration of ofresidential buildings, offices and commercialassets are.The neighborhood is still in growth mode, and new construction and lease up activity is evident.

About the sponsor

TWG was established in 2007 and specializes in the development and repositioning of residential real estate.  TWG is fully integrated, and contracts its construction arm as  the main contractor of its projects. The company has a seasoned management team and employee overseeing all projects end-to-end, from underwriting, acquisition, construction, to lease up, asset management and disposition.  Since its inception, TWG has completed 45 projects, totaling 4,450 residential units. Assets under management total 3,000 residential units across 33 assets. Over the last three years, TWG has acquired and repositioned between 1,400 and 1,500 units residential of of multifamily assets  annually, and is currently implementing 15 projects, totaling1,300 residential unitsof ground up  construction and renovation.

The opportunity

Land acquisition, demolition, construction of 213 residential units multifamily building, lease up, stabilization, and sale.

Other projects by the sponsor