
Luxury duplex development · Houston, Texas · Figures as of October 2026
La Vista
Raising · 2 of 6 seats open · 16 months projected
- Status
- Raising · 71% committed · 2 of 6 seats left
- Cost
- $1,450,000 projected build
- Exit
- $1,850,000 projected sale
- Spread
- $400,000 projected profit *
- Time
- ≈ 16 months
- A seat
- $25,000 minimum
- Target return
- 10% annualized pref (≈4.2% on your money over the hold), then a share of leftover profit
- Already in
- Lead · $60,000 · signs the note
- Still open
- $340,000
* Projected sale price minus projected build cost, before financing and selling costs. The worked payoff below starts from the same numbers. Every dollar on this page is a projection, not a promise.
A ground-up luxury duplex development: two residences, 5,600 sq ft combined, capitalised by one anchor investor, a construction loan, and participating seats alongside.
Development budget
- Land
- $220,000
- Construction
- $1,036,000
- Soft costs
- $85,000
- Financing & carry
- $70,000
- Marketing & launch
- $5,000
- Contingency
- $34,000
- Total capitalization
- $1,450,000
$1,050,000 of construction financing plus $400,000 of investor equity fund the full budget. Illustrative development estimates only; actual costs, timing, and sale proceeds may differ.
Projected sellout
Residence A · projected sale
$925,000
Residence B · projected sale
$925,000
Projected gross sellout
$1,850,000
Ways to participate
Two positions in the same build
Position one
Anchor Investor
$150K+ typical participation
- Enhanced project economics
- Additional project rights
- Priority communication
- Potential guaranty compensation
Position two
Participating Investor
From $25,000
- Project-specific participation
- No construction management responsibilities
- Project updates as the build moves
- Access to the investment dashboard
Participation descriptions are illustrative. Anchor positions involve additional qualification, and no participation type carries a guaranteed return.
The capital stack
Who is in,
and what's left
The loan does the heavy lifting. The lead's money sits next to the seats', and the gap the small checks fill is drawn in full view.
- Total capitalization
- $1,450,000
- Construction loan
- $1,050,000 · 75% LTC
- Equity in the deal
- $400,000
- Lead committed
- $60,000 · signs the note
Construction loan
$1,050,000
72% loan-to-cost · repaid first at sale
Committed equity
$285,000
Lead $150,000 · investors $135,000
Open equity
$115,000
$285,000 of $400,000 equity is already in: $150,000 from the lead, who signs the note, plus $135,000 from seated investors. $115,000 left across 2 of 6 seats at a $25,000 minimum. Construction financing, arranged at capitalization and repaid in full from the sale proceeds.
Who does what
The anchor investor
Provides the lead equity, supports the construction financing relationship, and has first claim on enhanced project economics.
New Build Group
Miguel's construction company builds it; New Build Group visualizes, markets, and sells it.
Participating investors
Join alongside the anchor with no construction responsibilities: project updates and a dashboard, nothing to manage.
Payoff order
If the sale happens,
money moves this way
01
Construction financing is repaid from the sale
The lender is first at settlement, before any equity sees proceeds.
02
Selling costs come out
Agent and closing costs on the sale of both residences, ~7% of gross.
03
Every investor's capital comes back
The full $400,000 of equity, anchor first and then participating seats, before anyone earns anything.
04
10% annualized preferred return to seats
Accrued over the 14–18 month hold, paid to participating investors before the anchor earns a promote.
05
The anchor's promote on what remains
Half of the remaining profit goes to the anchor position. The other half splits by equity share across the full $400,000.
The construction lender is paid first from the sale. Every investor gets their money back. Then the 10% preferred return. Then the lead's promote on what remains.
- Projected sale price
- $1,850,000
- Repay construction loan
- − $1,050,000
- Loan interest, points, and fees
- Funded in the build budget
- Selling costs (7%)
- − $129,500
- Carry (taxes, insurance, utilities)
- Funded in the build budget
- Cash back to all equity
- − $400,000
- Projected profit
- $270,500
- Preferred return to seats (10% annualized)
- $33,333
- Lead's promote (half of the remainder)
- $118,583
- Remainder split by equity share
- $118,583
Projections assume the stated sale price, 7% selling costs, $0 of loan interest and fees, and $0 of carry. Break-even sale price: ≈ $1,559,140. All figures are estimates, not guarantees.
Work your own seat
$25,000
$25,000 minimum · 6.3% of the equity
$1,850,000
- Projected back at sale
- $35,745
- Multiple on your money
- 1.43x
- Your slice of the profit
- 4.0%
- Pref floor
- $3,333
Where the projected profit goes
- Your share
- $10,745 · 4.0%
- Other seats
- $96,703 · 35.7%
- Lead promote + share
- $163,052 · 60.3%
Of $270,500 in projected profit at a $1,850,000 sale, your $25,000 seat takes 4.0%, plus your $25,000 capital back first.
Projected figures, not promises. Move the sliders to test the deal. Profit splits after the loan, sale costs, and every investor's capital are paid first.
How the project works
From capital
to settlement
01
Capitalization
Investor equity and construction financing capitalize the development.
02
Land & preconstruction
Lot acquisition, architecture, permits, and project preparation.
03
Construction
Miguel's construction company manages the ground-up build.
04
Market launch
New Build Group creates the visualization, advertising, and buyer acquisition campaigns.
05
Buyer demand
Interested buyers route to the project's listing Realtor through LeadOS.
06
Sale
Completed residences are sold.
07
Project settlement
Project obligations are satisfied and remaining proceeds are distributed according to the project's legal agreements.
The idea
Investor capital builds it. The marketing engine sells it. The settlement waterfall pays everyone in order.
New Build Group sits in the middle of both sides: construction management on the way up, visualization, advertising, and buyer routing on the way out.
The build, month by month
Capitalization
Oct 2026 · now
Land & permits
Q1 2027
Foundation
Q2 2027
Framing
Q4 2027
Finishes & launch
Q2 2028
Sale & settlement
Q3 2028
Full walkthrough
Run the complete simulated investment flow for La Vista: amount, profile, documents, verification, and funding.
Request a seat
Raise your hand
This is a request, not an investment. Seats are approved personally, one at a time, and nothing is owed until documents are signed.
Documents
Project Summary
Preview in the investment flow
Operating Agreement
Preview in the investment flow
Private Offering Documents
Preview in the investment flow
Risk Disclosures
Preview in the investment flow
Construction Budget
Preview in the investment flow
Project Plans
Preview in the investment flow
Figures shown are projections prepared by the builder for discussion, as of October 2026, and are not guarantees of future results. Real estate development is speculative and illiquid, projected returns depend on the sale actually happening, and investors can lose some or all of the money they put in. Any investment is made only through the project's operating agreement and offering documents, which are provided with a seat approval. Nothing on this page is an offer to sell or a solicitation of an offer to buy securities.