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OpenDeal Broker LLC charges you a two percent (2.5%) administrative fee on the gross principal transaction with a minimum fee of $5 and a maximum of $250. The fee is added to the total amount of your investment at checkout.
Deals involving blockchain technology, crypto currencies and/or digital assets such as Security Tokens, Utility Tokens, or NFTs are extremely speculative and present additional risks and may result in total loss of invested capital. PLEASE READ AND REVIEW THOSE RISKS HERE.
Past financial results are no guarantee of future performance. Click here for important information regarding Financial Projections which are not guaranteed.
Investments in private companies are particularly risky and may result in total loss of invested capital.
Risks of early stage investment. Not an offer to buy or sell securities. This is a long-term speculative illiquid investment. Investment is not FDIC or SiPC insured.
Problem
Strong Population Growth
In Katy, Texas, a bustling region awaits a solution for its growing population.
Rapid Growth: The Katy area has experienced a remarkable transformation. From 2010 to 2023, the population within a 5-mile radius grew 162%. This growth trajectory is projected to continue, growing another 23% from 2023 to 2028, highlighting the escalating demand for housing in a market struggling to keep pace.
Affluent and Educated Demographics: With 43% of residents holding at least a Bachelor's degree and an average household income of $122,881, demand for high-quality living spaces that match the community's financial and lifestyle expectations is omni-present.
With Katy's population nearly doubling over the past decade, the demand for multifamily housing has skyrocketed. (2)
Solution
An Exclusive Lifestyle, Readily Accessible
We believe The Vic at Sunterra has designed a solution tailored to address Katy's burgeoning population: Here’s how:
Luxury Living Spaces: The 279-unit development offers spacious, modern multi-family homes designed to meet the sophisticated tastes and needs of Katy's affluent and educated demographics.
Prime Location: Positioned at the entrance of the Sunterra master-planned community, residents have access to Katy's top ranked school district, major retail centers, and employment hubs, ensuring convenience is at the forefront of their living experience.
Community-Centric Amenities: From a planned crystal-clear lagoon to a state-of-the-art fitness center, The Sunterra development prioritizes amenities that enhance residents' quality of life and create strong demand.
Tokenization Provides Access: As a tokenized equity opportunity, investors can gain access where otherwise it would be have been difficult to participate.
By seamlessly blending luxury living with community-focused amenities and strategic location, The Vic at Sunterra is not just solving the housing shortage in Katy but is setting a high standard for multifamily living in the region.
Product
Tokenization
Tokenized Real Estate Investment
The Vic at Sunterra is offering an innovative investment opportunity through tokenized equity, simplifying the process of investing in real estate. This modern approach offers a seamless and accessible way for investors to partake in the equity of a premier multi-family development.
Digital Ownership: Tokens represent an equity stake, offering easy management, transfer, or sale of your investment, unlike traditional real estate.
Simplified Transactions: Tokenization cuts through complex real estate transaction processes, enabling quicker and broader access for investors.
Potential Access to Liquidity: Tokenized offerings have the potential to move to secondary markets, "exchanges", where investors can buy and sell the tokens once lock-up is complete.
Development
Modern Residences For Modern Life
The Vic at Sunterra is building modern living spaces designed to meet the needs of every resident.
Diverse Layouts: Floor plans range from 596 sq ft to 1286 sq ft. This diversity allows residents to choose a space that best suits their lifestyle.
Quality Living Spaces: Each unit boasts high-quality finishes and best in market amenities, providing a comfortable and stylish living environment.
Community Amenities: Residents will have (once completed) access to a luxurious pool, a beer garden, a pet park, and a playground, all set within the vibrant Sunterra master-planned community.
These features, combined with the strategic location and accessibility of The Vic at Sunterra, make it more than just a place to live, but a place to thrive.
Traction
7 Multi-Family Developments Launched
1,964 units in the greater Houston area brought to market by the team at Hunington Properties since 2017.
World-Class Pedigree
The Sunterra master-planned community involves world-class companies known for their continued success in multi-family real estate developments.
Customers
Glowing Reviews From Current Tenants
Hunington's developments are beloved by the residents. Below are the average google reviews for their most recent developments brought to market.
Business model
Investment in the Vic at Sunterra will be through Reg D 506(c) with a target net-IRR of 20-22%. (*While the target net-IRR is 20-22% there is no guarantee that this will be the return*)
While the property is held, distributions will be paid to investors on a semi-annual basis, if and when declared by our Manager in his sole discretion.
If the property is acquired, profits will be distributed pro rata in proportion to the number of tokens (i.e.. equity) held by each investor.
Monthly distributions will be permitted following an initial lease-up/seasoning period (2 years from completion) of semi-annual distributions, if and when declared by our Manager in his sole discretion.
Market
Houston and Katy's Growth
The Houston area, with Katy as a focal point, has experienced significant expansion, marking it as a hotspot for development and investment.
As the Vic at Sunterra is right alongside the I-10 freeway, it provides direct commuter access to Houston.
(3)
Competition
Comparable Properties In and Around Katy, Texas
Over the last decade, the Bear Creek/Copperfield Submarket, especially Katy, saw its population nearly double. This surge has attracted a wave of development, making it one of Houston's most active areas for new construction.
In 2023, approximately 2,269 new units were introduced, highlighting the area's appeal to both commuters and investors. Despite the influx of new homes, demand continues to remain strong with an 88.7% occupancy rate, underscoring Katy's robust rental market and its appeal to both local and national investors.
Founders
Sandy P. Aron
Founder and president of Hunington Properties for 42 years, Sandy P. Aron is one of Houston’s preeminent commercial real estate brokers and developers with experience in all facets of the real estate industry.
Summary
The Vic at Sunterra, nestled in the heart of Texas' #1 master-planned community of Sunterra in Katy, offers an unmatched blend of luxury and strategic location.
Key highlights include:
- Strategic Location: Easy access to highways and essential services enhances tenant appeal.
- Proven Developer: Hunington Properties' extensive experience ensures quality and reliability.
- Strong Demand: Katy's booming population and favorable demographics promise sustained demand.
The Vic at Sunterra represents a prime opportunity for investment, combining growth potential with high-quality living.
(1). Texas' #1 master-planned community Sunterra
(2). With Katy's population nearly doubling over the past decade (Census 5 Mile Radius), the demand for multifamily housing has skyrocketed
(3). Population growth (Census 5 Mile Radius), estimated household income Pg 1 (Census 5 Mile Radius), college degree Pg 2.
Disclaimers
Certain information set forth in this presentation contains “forward-looking information”, including “future-oriented financial information” and “financial outlook”, under applicable securities laws (collectively referred to herein as forward-looking statements). Except for statements of historical fact, the information contained herein constitutes forward-looking statements and includes, but is not limited to, the (i) projected financial performance of the Company; (ii) completion of, and the use of proceeds from, the sale of the shares being offered hereunder; (iii) the expected development of the Company’s business, projects, and joint ventures; (iv) execution of the Company’s vision and growth strategy, including with respect to future M&A activity and global growth; (v) sources and availability of third-party financing for the Company’s projects; (vi) completion of the Company’s projects that are currently underway, in development or otherwise under consideration; (vi) renewal of the Company’s current customer, supplier and other material agreements; and (vii) future liquidity, working capital, and capital requirements. Forward-looking statements are provided to allow potential investors the opportunity to understand management’s beliefs and opinions in respect of the future so that they may use such beliefs and opinions as one factor in evaluating an investment.
These statements are not guarantees of future performance and undue reliance should not be placed on them. Such forward-looking statements necessarily involve known and unknown risks and uncertainties, which may cause actual performance and financial results in future periods to differ materially from any projections of future performance or result expressed or implied by such forward-looking statements.
Although forward-looking statements contained in this presentation are based upon what management of the Company believes are reasonable assumptions, there can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. The Company undertakes no obligation to update forward-looking statements if circumstances or management’s estimates or opinions should change except as required by applicable securities laws. The reader is cautioned not to place undue reliance on forward-looking statements.
