Investment Portfolio   Current Holdings  
  Current Offerings
Bronco Fund
  Current Holdings
Le Vendome
Columbia
Grand Peninsula Developement
Spring Creek
Pacific Heights
Nibras II Real Estate Fund
  Realized Investments
Albait UK Fund
Raphael
Transpoint
   
  A master-planed community development in the south central area of the Dallas/Fort Worth Metroplex, USA.  
 
Transaction Date: February 2005
Expected Net IRR: In excess of 18%
Expected Holding Period: 4 Years
 
 

Grand Peninsula Development is located in the city of Grand Prairie, Texas. The entire master-planed community consists of approximately 400 gross acres. GSH on behalf of its clients purchased the fourth and final phase of the Grand Peninsula Development.

Phase IV consists of 198 existing lots, in addition to 125 acres of fully entitled land planned for a further 415 lots which have been zoned and preliminarily plotted. These lots will be constructed in three phases to provide “just in time” inventory to the home builders.