The Encore Apartments (240 units)
Plano, Texas
San Cierra Apartments (362 units)
Houston, Texas
Sagebrush (Arya Grove) Apartments (308 units)
San Antonio, Texas
Lauren (Verandas at Cityview) Apartments (314 units)
Dallas, Texas
Belclaire (Mockingbird Flats) Apartments (417 units)
Dallas, Texas
Remi (Skye at Turtle Creek) Apartments (331 units)
Dallas, Texas
Domain Memorial (313 units)
Houston Texas
Maddox Luxury Living (356 units)
Dallas, Texas
Lydian Apartments (209 units)
Phoenix, Arizona
Steelhouse Apartments (326 units)
Orlando, Florida
Wesley Luxury Living (354 units)
Raleigh, North Carolina
The Fitz (224 units)
Houston, Texas (formerly Siena)
Ridley on Main (375 units)
Orlando, Florida
Eason and Cayman (598 units)
San Antonio, Texas
Clifton on 7th (336 units)
Phoenix, Arizona
Kade Luxury Living (348 units)
Dallas, Texas
Aventura Apartments (408 units)
Avondale, Arizona
800 Link Apartments (440 units)
800 Link Drive, Duncanville, Texas
Casa Valley Apartments (150 units)
500 Santa Fe Trail, Irving, Texas
Huntington Lakes Apartments (405 units)
7324 Skillman Street, Dallas, Texas
Hidden Lake Apartments (440 units)
900 Henderson Avenue, Houston, Texas
Summer Meadow Apartments (389 units)
6000 Ohio Drive, Plano, Texas
Cimarron Parkway Apartments (272 units)
22022 Cimarron Parkway, Katy, Texas
Cinnamon Park Apartments (272 units)
2612 Cinammon Park Circle, Arlington, Texas
Preston Greens Apartments (257 units)
5990 Arapaho Road, Dallas, Texas
Spring Creek Apartments (236 units)
1802 Apollo, Garland, Texas
Springfield Apartments (264 units)
2305 Driftwood Drive, Mesquite, Texas
Silverado Apartments (344 units)
1335 Silverado Drive, Houston, Texas
Canyon Ridge Apartments (164 units)
1000 W Yellow Jacket Lane, Rockwall, Texas
The Fund consists of 21 properties totaling 6,630 units across DFW, Houston, Atlanta, and Jupiter Isle, FL. S2 has called for 100% of the total committed capital for the Fund and in July 2024, offered a $65 million Preferred Equity Investment opportunity (in place of a capital call) to investors to facilitate loan modifications and/or refinancing of 19 of the 21 property loans in the portfolio along with other payables. The Preferred Equity investment has an 18%, non-compounding, annual preferred return, and sits ahead of the original equity in the capital stack. The offering was fully subscribed and Panther LP’s funded their pro rata amount ($2.25 million) of the investment in July 2024 (S2 contributed $12 million of its own money as well).
