Savoy Equity specialize in developing & renovating excellent apartment buildings in Texas, targeting high returns with OZs.
Savoy Equity specialize in developing and renovating excellent apartment buildings in Texas, targeting high returns. To boost after-tax profits, we utilize tax incentives such as the Opportunity Zone tax structure, Historic Tax credits, 45L tax credits, property tax abatement, and cost segregation. Our expertise in Texas real estate and commitment to after-tax profitability are ideally suited for taxable investors.
The Fund invests in 9 multifamily projects (544 units) across Dallas, including existing properties and new developments.
Investors benefit from Savoy's expertise and avoid extra layers of fees, maximizing returns.
The Fund aims to return 30% of initial investment within the first 3 years through refinancing and provide regular rental income distributions starting in year three.
Six of the development projects utilize a special structure and Savoy has partnered with the City of Dallas to receive a 75 year full property tax abatement which boosts investor returns significantly.
Opportunity Zone investing allows for the deferral and reduction of capital gains tax, as well as tax-free growth on new investment appreciation.