Savoy Equity Partners

Transforming a dusty boat & RV storage lot into 239 homes with zero property tax for decades and a 4.5% fixed rate for 42 years. Impossible? We just cut the ribbon on exactly that. And the cherry on top: our investors won't pay any capital gains taxes on the appreciation when we sell in 10+ years. Key Features: ▪ 239 units in SE San Antonio (studios to 2-beds & townhomes) ▪ Fully amenitized common spaces ▪ 4.75% HUD 221D4 & 0% TDHCA loans, fixed for 42 years ▪ Opportunity Zone location with zero property tax This Opportunity Zone project is a game-changer for Southeast San Antonio, delivering much-needed housing in a rapidly growing area. Our innovative financing and tax structure provide long-term stability for both investors and residents. Local support was strong, with City Council members, the San Antonio Housing Trust, and local Chambers of Commerce attending our grand opening. Pre-leasing started just 10 days ago, and we've already leased 20 units—nearly everything currently move-in ready. We're on track for full delivery by Christmas. Our deal structure minimizes risk, and San Antonio's favorable demographics suggest strong long-term potential. The rapid pre-leasing confirms the demand we anticipated. Interested in learning more about the Texas real estate development that we do using the Opportunity Zone tax structure? Let's connect. Jarrett Woods Stuart Falkin G. Hunt Neurohr Bobby Wunderlick Savoy Equity Partners #RealEstateDevelopment #AffordableHousing #OpportunityZone

Checkout this new OZ Calculator on our website that Barrett highlighted

Excited about this tool we will release soon to help investors with capital gains better understand their Opportunity Zone investment windows

OZ investing's first benefit: deferring capital gains tax until 2026. It's the most discussed because people love instant gratification, but actually the smallest advantage. Best use? Eliminate the tax liability during deferral period with offsetting losses. #opportunityzone

You've heard whispers about Opportunity Zones, but remain skeptical. Aren't those high-crime areas? Don't you have to invest all your gains? And isn't your money trapped for a decade with no returns? You're not alone Many investors hold misconceptions that keep them from exploring this tax strategy. Let's debunk these myths Limiting Belief 1️⃣ : "I have to invest all my capital gains into an Opportunity Zone fund." Reality: You have the flexibility to invest only a portion of your gains Many investors believe they must commit all their capital gains to benefit from OZ investing. The OZ framework offers flexibility: ▪ You can defer part of your gains, not all of them ▪ This allows you to balance tax benefits with maintaining liquidity ▪ You can tailor your investment to your specific financial situation Example: John sold Nvidia stock for $1M with a $500,000 gain. He invested $300,000 in an OZ fund, deferring taxes on that amount, while keeping $700,000 liquid for other opportunities. Action step: Consult with a financial advisor to create a personalized OZ investment strategy that aligns with your goals and liquidity needs. Limiting Belief 2️⃣ : "My money will be locked up for 10 years with no cash flow." Reality: Well-structured OZ funds can provide distributions and liquidity events throughout the investment period. While it's true that you need to hold the investment for 10+ years to maximize tax benefits, this doesn't mean your capital is inaccessible. Let's look at how many real estate OZ Funds are structured: ▪ Years 1-3: Construction and lease-up phase ▪ Year 3: Refinancing event returns a portion of your initial investment ▪ Years 3-10+: Quarterly distributions from rental income ▪ After 10+ years: Sale of appreciated asset (tax-free) Action step: When evaluating OZ funds, ask about their cash flow and planned liquidity events Limiting Belief 3️⃣ : "Opportunity Zones are high-crime areas that are too risky for investment." Reality: Many OZ areas are prime locations poised for growth and revitalization It's a common misconception that all 8,700 OZ census tracts are in underdeveloped or high-risk areas. In reality: ▪ It is now 2024, these census tracts were low income based on 2010 census data but a lot has changed in 14 years ▪ Local governments often support these areas with incentives and infrastructure improvements Our approach: We focus on deeply understanding specific neighborhoods, allowing us to identify areas with strong growth indicators and community support Example: When we started investing in North Oak Cliff (Dallas) we saw potential where others saw decay. We've used the OZ tax structure to concentrate development and create a ripple effect of positive change Conclusion: Don't let limiting beliefs hold you back from the potential of OZ investing. By understanding the flexibility, cash flow potential, and true nature of OZ areas, you can make informed decisions that align with your financial goals

It's easy for renderings to paint an overly optimistic picture. That's why we believe in holding ourselves accountable by comparing construction progress to initial designs. We're thrilled to share some side-by-side comparisons of our Bishop Ridge developments in Dallas. These images show how closely our team is bringing the original vision to life. As we approach completion later this year, we're excited to introduce much-needed new housing to this Opportunity Zone neighborhood. Our goal is to deliver on our promises and create lasting value for the community. What do you think of the progress so far? We'd love to hear your thoughts! Town Companies Brian Alef Matt Wallace Nathan Robinson Liberty Capital Bank Security National Bank #opportunityzone

I just closed an off-market deal referred by a GREA broker. Based on the condition and strategic location within a Dallas Opportunity Zone, we knew the best Buyer for the Seller: Savoy Equity Partners We also just referred a $25M deal to our Philly team, and NYC shared a Buyer on a $45M listing. GREA currently has 11 active deals with cross-market collaboration. By harnessing these collaborative synergies within the GREA platform, we ensure that our clients gain access to enhanced market intelligence and strategic opportunities, leading to more lucrative and efficient transaction outcomes.

Despite a rainy spring in Dallas, we're thrilled to be pouring a foundation at the Bowie Apartments in Bishop Ridge! This marks our 6th Opportunity Zone new construction project, and the 5th to be delivered within a 200-yard radius. We're proud to be creating density in the heart of Dallas, revitalizing a neighborhood where no new developments have been seen in 50 years. Thanks to the Opportunity Zone tax structure, the appreciation on this project will remain tax-free. Stay tuned for more updates on this exciting journey! #OpportunityZones Ben Breunig G. Hunt Neurohr Bobby Wunderlick Verge Construction LLC

We believe in buying/renovating and developing urban in-fill apartments in Dallas core Demand exists Supply is near 0 A recent quote from The Real Deal: “Dallas-Fort Worth led the nation in multifamily deliveries in the first quarter, with more than 33,000 units, according to Colliers. But most of that action is in the suburbs. Fewer than 600 units came online in downtown Dallas in the first quarter. The sprawling Frisco/Prosper submarket was the busiest submarket with 4,400 units delivered.”

What if you could defer paying taxes on your capital gains while potentially eliminating future taxes on your investment's appreciation? In part 2 of our #OZFAQ series, we explore the incredible tax benefits that have made Opportunity Zones the most attractive investment vehicle for savvy investors looking to maximize their returns. Question 2: What are the specific tax benefits of investing in Opportunity Zones? Answer The Opportunity Zone tax structure offers two powerful incentives that can significantly boost your investment returns: 1️⃣ Immediate Gratification: Capital Gains Deferral When you invest your capital gains from any source (real estate, business sale, stocks, collectibles, or even crypto) into an Opportunity Zone, you can defer paying taxes on those gains until April 2027. This essentially provides you with an interest-free loan from the government, allowing your money to grow tax-deferred for several years. While this is the smallest benefit of the Opportunity Zone tax structure, it still offers a valuable short-term advantage. 2️⃣ Long-Term Wealth Building: Tax-Free Appreciation and No Depreciation Recapture The most significant benefit of Opportunity Zone investing aligns with the legislators' goal of encouraging long-term, patient investment in selected low-income census tracts. If you hold your Opportunity Zone investment for at least 10 years, you can sell it without owing any capital gains taxes on the appreciation. Additionally, you won't have to pay depreciation recapture taxes, which can be a substantial liability in traditional real estate investments. This incredible benefit is made possible through a step-up in basis, which the IRS typically only offers upon the death of an investor. By providing this powerful incentive, the government is demonstrating its commitment to driving long-term investment in Opportunity Zones, ultimately benefiting both investors and the communities they support. What could this mean for an investor? The tax benefits associated with Opportunity Zone investing are unparalleled, offering a unique combination of short-term tax deferral and long-term tax-free growth. By leveraging these incentives, investors can supercharge their returns while making a positive impact on underserved communities. If you have questions about how to maximize your tax savings through Opportunity Zone investing, leave them in the comments below and be sure to follow our series for more expert insights on this transformative program. #opportunityzone #opportunityzones