Red River Development stands at the forefront of the Build-to-Rent industry, dedicated to enhancing suburban neighborhoods with upscale, newly constructed rental homes. As housing demand in the Midwest continues to surge, new opportunities for innovative housing solutions arise. With a proven history of success, Red River Development excels in leveraging its expertise to identify, construct, and manage unparalleled luxury rental communities.
Build-to-Rent (BTR) is a real estate model in which developers build residential communities for long-term rentals. BTR projects are large-scale developments, usually in a suburban location, where a single entity owns and manages all the properties.
Red River Development works with fund-of-fund managers, family offices, RIA, institutional and select high net worth investors. Click here if you’d like to learn more about investing.
$100,000 is the minimum amount to invest in a project.
Investors can expect to commit their capital to a 3 to 5 year hold period before an exit strategy is employed, such as a refinance or sale. The time period can vary depending on the individual business plan for each property. Red River Development always strives to track with initial projections and seeks to produce an outcome that results in the greatest return for our investors.
Distributions begin after a community is stabilized. The timing varies by development but is generally expected to occur between month 30 and month 36.
Red River Development targets net IRR’s (Internal Rate of Return) between 20% and 25% over the life of the investment. This comes through cash-flow and profits from the disposition of the property.
Although BTR developments are generally considered to be low-risk and safe investments, there are always risks in any investment. In order to best manage risk, a thorough design process is executed, construction is closely managed and the team at Trulo Homes is diligent in leasing up and providing a great experience for residents. Partners always invest their own personal capital into developments so interests are aligned.
No. Trulo Homes appeal to a vast array of audiences. Communities have great appeal for the 55+ demographic, as well as young professionals, newlyweds and families transitioning to new markets and/ or homes.
If not connected to a fund-of-fund manager, Red River Development may consider working with select, accredited investors seeking opportunities to diversify their investment portfolios.
Red River Development has relationships with many fund managers who help their clients access Red River investment opportunities. If you are a fund manager, please set up a time to learn more about our streamlined process and marketing support.
Red River Development is a seasoned fiduciary partner to large investors. Please set up a time to discuss how we can help support your investment objectives.
5710 Lyndon B Johnson Freeway, Suite 200
Dallas, TX 75230
201 S. Denver Avenue,
Suite 254
Tulsa, OK 74103
