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Closed EB-5 Capital Investments – Texas

1414 Texas Downtown

Location

Downtown Houston


Overview

Civitas TCR Downtown Equity, LP made a $3.5 million joint venture equity investment with an affiliate of Trammell Crow Residential to partially finance the development of 1414 Texas Downtown, a 267-unit, Class A multifamily located in the heart of downtown Houston, Texas. The project is located in Houston’s Downtown, Central Business District, the city’s largest employment center. The City of Houston and Houston First are supporting the project with $4.1 million in tax reimbursements.