QOZ Fund I

The Hendricks

Dallas,

TX

Total Required Equity
$19,229,948
Asset Type
Multifamily
Investment Objective
Development
Investment Date
October 2021
Projected IRR
15.00%
Projected Net Multiple
1.83x

Investment Summary

The Hendricks is a planned 266-unit Class A apartment community located in the emerging Cedars submarket of DallasThe project, still in the planning stages, is adjacent to the future spot of So Good by Hoque Global, a master-planned urban community adjacent to the Famers Market, Deep Ellum, the Cedars, and Fair Park just south of Interstate 30. Thnew district will have a culture of creativity and innovation and feature engaging green spaces, unique new eateries, and a vibrant urban experience. For this project, we’re partnering with StoneHawk, a developer with a proven track record of successful developments throughout Texas. The Hendricks is the sixth project in Dallas-Fort Worth for StoneHawk.  

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