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Role

RPL provided diligence support services prior to investment closing and watched over the design and construction process through occupancy.

Unique Approach

• Challenging weather and inspections

Outcomes

• Project completed per business plan
• Opened successfully for residents

Scope of Work

Development of senior housing (independent living) facility with 126 units, plus common amenities and support areas.

Project Summary

• Client: One of the largest institutional private equity investment firms
• Location: Cypress, TX
• Size: 4 floors, 126 units, 2 buildings, 146,500 RSF
• Timeline: 2017 to 2019
• Services: Due Diligence & Development Oversight
• Cost: $ 30 million
• Architect: REES Associates
• Contractor: Consolidated Construction Co.