Charlotte - Rise48 Equity

Total Transactions

$ 0 B+

Assets Acquired

Total Units

Minimum Investment Amount

$ 0 K

SOLD PROPERTIES - COMPLETED BUSINESS PLAN

Rise Melrose

930 W Indian School Rd Phoenix, AZ 85013

Formerly Known As Revival on Indian School
Units 96
Disposition Date 15-Jun-22
Hold Period 14 Months
Sale Price 22.55M
Actual Equity Multiple 2.02x
Actual Internal Rate of Return 84.8%
Acquisition Date 01-May-2021
Purchase Price $18.4M
Invested Capital $5.96M
Loan 3+1+1 Non-Recourse Debt Fund
Deal Structure 506(B) Syndication
Unit Mix 96 2B
Projected Hold 2-5 Years

Scottsdale 5th Ave

6405 E Indian School Rd, Scottsdale, AZ 85251

Units 59
Disposition Date 21-Jun-22
Hold Period 34 Months
Sale Price 14.115M
Actual Equity Multiple 3.42
Actual Internal Rate of Return 54.5%
Acquisition Date 01-Aug-2019
Purchase Price $6.6M
Loan 10-Yr-Non-Recourse Agency
Deal Structure Tenant-In-Common (TIC)
Unit Mix 27 ST | 31 1B | 1 2B
Projected Hold 3-5 Years

Rise on Thomas

2735 E Thomas Rd, Phoenix, AZ 85016

Formerly Known As Vibe on Thomas
Units 100
Disposition Date 17-Jun-2021
Hold Period 14 Months
Sale Price $21M, $210K/Unit
Actual Equity Multiple 1.86x
Actual Internal Rate of Return 66.3%
Acquisition Date 01-Apr-2021
Purchase Price $14.2M
Invested Capital $15.28M
Loan 3+1+1 Non-Recourse Debt Fund
Deal Structure 506(B) Syndication
Unit Mix 37 ST | 62 1B | 1 2B
Projected Hold 2-5 Years

Rise Downtown Mesa

123 N Robson Mesa, AZ 85201

Formerly Known As Sunnybrook
Units 103
Disposition Date 19-May-2022
Hold Period 14 Months
Sale Price $26.25M, $254.9K/Unit
Actual Equity Multiple 2.26x
Actual Internal Rate of Return 115.2%
Acquisition Date 01-Mar-2021
Purchase Price $16.5M
Invested Capital $6.06M
Loan 3+1+1 Non-Recourse Debt Fund
Deal Structure 506(B) Syndication
Unit Mix 10 ST | 72 1B | 21 2B
Projected Hold 2-5 Years

Rise on Peoria

5020 W Peoria Ave, Glendale AZ

Formerly Known As Haven on Peoria
Units 164
Disposition Date 17-May-2022
Hold Period 13 Months
Sale Price $45.4M, 276.8K/Unit
Actual Equity Multiple 2.45x
Actual Internal Rate of Return 132.2%
Acquisition Date 01-Apr-2021
Purchase Price $28.7M
Invested Capital $9.05M
Loan 3+1+1 Non-Recourse Debt Fund
Deal Structure 506(B) Syndication
Unit Mix 96 1B | 68 2B
Projected Hold 2-5 Years

Rise Metro

2045 W Butler Dr, Phoenix, AZ 85021

Formerly Known As Pointe Vista
Units 160
Disposition Date 05-Apr-2022
Hold Period 14 Months
Sale Price $42M, $262.5K/unit
Actual Equity Multiple 2.45x
Actual Internal Rate of Return 108.6%
Acquisition Date 01-Jan-2021
Purchase Price $24.3M
Invested Capital $9.18M
Loan 10-Yr Non-Recourse Agency
Deal Structure 506(B) Syndication
Unit Mix 107 1B | 33 2B | 20 3B
Projected Hold 2-5 Years

Paseo 51

5215 W Peoria Ave, Glendale, AZ 85302

Units 116
Disposition Date 10-Dec-2021
Hold Period 15 Months
Sale Price $30.1M, $259.5K/unit
Actual Equity Multiple 3.85x
Actual Internal Rate of Return 198.6%
Acquisition Date 01-Sep-2020
Purchase Price $15.5M
Invested Capital $4.89M
Loan 10-Yr Non-Recourse Agency
Deal Structure 506(B) Syndication
Unit Mix 80 1B | 36 2B
Projected Hold 2-5 Years

Villa Serena

4221 W Dunlap Ave, Phoenix, AZ

Units 137
Disposition Date 16-Nov-2021
Hold Period 27 Months
Sale Price $32M, $233.6K/unit
Actual Equity Multiple 3.0x
Actual Internal Rate of Return 65.4%
Acquisition Date 01-Aug-2019
Purchase Price $17.6M
Invested Capital $5.80M
Loan 10-Yr Non-Recourse Agency
Deal Structure 506(C) Syndication
Unit Mix 63 1B | 74 2B
Projected Hold 3-7 Years

Rise on McDowell

3620 E McDowell Rd, Phoenix, AZ 85008

Formerly Known As Oaktree
Units 76
Disposition Date 08-Nov-2021
Hold Period 26 Months
Sale Price $15.55M, $204.6K/unit
Actual Equity Multiple 2.90x
Actual Internal Rate of Return 62%
Acquisition Date 01-Aug-2019
Purchase Price $6.9M
Loan 10-Yr Non-Recourse Agency
Deal Structure 506(B) Syndication
Unit Mix 60 1B | 16 2B
Projected Hold 1-2 Years

District Flats Off Dobson

1045 S San Jose St, Mesa, AZ

Units 112
Disposition Date 10-May-2021
Hold Period 13.5 Months
Sale Price $18.2M, $162.5K/unit
Actual Equity Multiple 1.95x
Actual Internal Rate of Return 83.7%
Acquisition Date 01-Mar-2020
Purchase Price $13M, $116K/unit
Invested Capital $5.15M
Loan 10-Yr Non-Recourse Agency
Deal Structure 506(B) Syndication
Unit Mix 33 ST | 78 1B | 1 2B
Projected Hold 2-5 Years

Silver Oaks Apartments

5510 N 35th Ave, Phoenix, AZ 85017

Units 36
Disposition Date 01-Oct-2020
Hold Period 21 Months
Sale Price $5.35M, $148K/unit
Actual Equity Multiple 1.91x
Actual Internal Rate of Return 44.6%
Acquisition Date 01-Feb-2019
Purchase Price $3.45M, 95K/unit
Loan 10-Yr Non-Recourse Agency
Deal Structure Tenant-In-Common (TIC)
Unit Mix 26 2B | 10 3B
Projected Hold 2-5 Years

CURRENT ASSETS OWNED & UNDER MANAGEMENT

Rise West Arlington

3601 Fielders Glen Dr, Arlington, TX 76015

Formerly Known As Fielder's Glen
Units 220
Acquisition Date 30-April-2024
Built in 1985
Loan 3+1+1 Non-Recourse Debt Fund
Deal Structure 506(B) Syndication
Unit Mix 24 ST | 116 1B | 180 2B
Projected Hold 2-5 Years

Rise Fossil Creek

5600 N Beach St, Haltom City, TX 76137

Formerly Known As Mosaic
Units 288
Acquisition Date 19-April-2024
Built in 1986
Loan 3+1+1 Non-Recourse Debt Fund
Deal Structure 506(B) Syndication
Unit Mix 168 1B | 120 2B
Projected Hold 2-5 Years

Rise Spring Pointe

6051 S Hulen St, Fort Worth, TX 76132

Formerly Known As Copperfield
Units 323
Acquisition Date 07-March-2024
Built in 1984
Loan 3+1+1 Non-Recourse Debt Fund
Deal Structure 506(B) Syndication
Unit Mix 267 1B | 56 2B
Projected Hold 2-5 Years

Rise at Town East

3236 N Galloway Ave, Mesquite, TX 75150

Formerly Known As Pecan Ridge
Units 210
Acquisition Date 28-December-2023
Built in 1984
Loan 3+1+1 Non-Recourse Debt Fund
Deal Structure 506(B) Syndication
Unit Mix 134 1B | 68 2B | 8 3B
Projected Hold 2-5 Years

Rise Skyline

3700 Poteet Drive, Mesquite, TX 75150

Formerly Known As Stoneleigh
Units 200
Acquisition Date 20-November-2023
Built in 1997
Loan 3+1+1 Non-Recourse Debt Fund
Deal Structure 506(B) Syndication
Unit Mix 80 1B | 96 2B | 24 3B
Projected Hold 2-5 Years

Rise Heather Ridge

2706 Heather Hill Court, Arlington, TX 76006

Formerly Known As Heather Ridge
Units 252
Acquisition Date 12-October-2023
Built in 1983
Loan 3+1+1 Non-Recourse Debt Fund
Deal Structure 506(B) Syndication
Unit Mix 220 1B | 32 2B
Projected Hold 2-5 Years

Rise Creekside

8299 Small Block Rd, Northlake, TX, 76262

Formerly Known As Creekside at Northlake
Units 228
Acquisition Date 23-August-2023
Built in 2001
Loan 3+1+1 Non-Recourse Debt Fund
Deal Structure 506(B) Syndication
Unit Mix 72 1B | 156 2B
Projected Hold 2-5 Years

Rise North Arlington

500 Tish Circle, Arlington, TX 76006

Formerly Known As Alcove Oaks
Units 270
Acquisition Date 12-July-2023
Built in 1980
Loan 3+1+1 Non-Recourse Debt Fund
Deal Structure 506(B) Syndication
Unit Mix 150 1B | 120 2B
Projected Hold 2-5 Years

Rise Oak Creek

1950 Oak Creek Ln, Bedford, TX 76022

Formerly Known As Cantebria Crossing
Units 176
Acquisition Date 31-May-2023
Built in 1984
Loan 3+1+1 Non-Recourse Debt Fund
Deal Structure 506(B) Syndication
Unit Mix 128 1B | 48 2B
Projected Hold 2-5 Years

Rise Bedford lake

1300 Shady Ln, Bedford, TX 76021

Formerly Known As Point Loma Woods
Units 360
Acquisition Date 27-Apr-2023
Built in 1982
Loan 3+1+1 Non-Recourse Debt Fund
Deal Structure 506(B) Syndication
Unit Mix 280 1B | 80 2B
Projected Hold 2-5 Years

Rise Desert Cove

2015 West Cactus Road, Phoenix, AZ 85029

Formerly Known As Spring Apartments
Units 186
Acquisition Date 30-Mar-2023
Purchase Price $42M
Built in 1984
Loan 3+1+1 Non-Recourse Debt Fund
Deal Structure 506(B) Syndication
Unit Mix 94 1B | 92 2B
Projected Hold 2-5 Years

Rise at Highland Meadows

13100 Pandora Dr, Dallas, TX 75238

Formerly Known As Paces Cove
Units 328
Acquisition Date 9-Feb-2023
Built in 1983
Loan 3+1+1 Non-Recourse Debt Fund
Deal Structure 506(B) Syndication
Unit Mix 268 1B | 60 2B
Projected Hold 2-5 Years

Rise on McClintock

2045 S McClintock Dr, Tempe, AZ 85282

Formerly Known As Eden Apartments
Units 112
Acquisition Date 31-Jan-2023
Purchase Price $26.5M
Built in 1980
Loan Freddie Mac Floating Rate Loan
Deal Structure 506(B) Syndication
Unit Mix 30 1B | 82 2B
Projected Hold 2-5 Years

Rise Suncrest

6507 S Hardy Dr, Tempe, AZ 85283

Formerly Known As La Serena
Units 160
Acquisition Date 8-Nov-2022
Purchase Price $50M
Built in 1988
Loan 3+1+1 Non-Recourse Debt Fund
Deal Structure 506(B) Syndication
Unit Mix 48 1B | 112 2B
Projected Hold 2-5 Years

Rise on Cactus

12021 N 43rd Ave, Phoenix, AZ 85029

Formerly Known As Brookfield
Units 124
Acquisition Date 29-Sept-2022
Purchase Price $31M
Built in 1984
Loan 3+1+1 Non-Recourse Debt Fund
Deal Structure 506(B) Syndication
Unit Mix 71 1B | 53 2B
Projected Hold 2-5 Years

Rise at The Meadows

4529 W Ocotillo Rd, Glendale, AZ 85301

Formerly Known As Aspire Glendale
Units 120
Acquisition Date 23-Sept-2022
Purchase Price $29.2M
Built in 1983
Loan 3+1+1 Non-Recourse Debt Fund
Deal Structure 506(B) Syndication
Unit Mix 72 1B | 48 2B
Projected Hold 2-5 Years

Rise Encore

5775 W Roosevelt St, Phoenix, AZ 85043

Formerly Known As Encore 202/Roosevelt 59
Units 376
Acquisition Date 20-Jul-2022
Purchase Price $125M
Built in 2004 & 1986
Loan 3+1+1 Non-Recourse Debt Fund
Deal Structure 506(B) Syndication
Unit Mix 16 S | 64 1B | 264 2B | 32 3B
Projected Hold 2-5 Years

Rise Lakeside

11459 N 28th Dr, Phoenix, AZ 85029

Formerly Known As Waterfront
Units 288
Acquisition Date 15-Jun-2022
Purchase Price $75.3M
Invested Capital $34.725M
Loan 3+1+1 Non-Recourse Debt Fund
Deal Structure 506(B) Syndication
Unit Mix 216 1B | 72 2B
Projected Hold 2-5 Years

Rise at The District

1031 S Stewart, Mesa, AZ 85202

Formerly Known As Indian Springs
Units 460
Acquisition Date 27-May-2022
Purchase Price $142M
Invested Capital $59.03M
Loan 3+1+1 Non-Recourse Debt Fund
Deal Structure 506(B) Syndication
Unit Mix 240 1B | 184 2B | 36 3B
Projected Hold 2-5 Years

Rise Broadway

945 W Broadway Rd, Mesa, AZ 85210

Formerly Known As The Nolan
Units 288
Acquisition Date 24-May-2022
Purchase Price $92M
Invested Capital $36.55M
Loan 3+1+1 Non-Recourse Debt Fund
Deal Structure 506(B) Syndication
Unit Mix 144 1B | 144 2B
Projected Hold 2-5 Years

Rise at The Palms

5902 W Royal Palm Rd, Glendale, AZ 85302

Formerly Known As Royal Palms
Units 138
Acquisition Date 05-May-2022
Purchase Price $35M
Invested Capital $12.63M
Loan 3+1+1 Non-Recourse Debt Fund
Deal Structure 506(B) Syndication
Unit Mix 58 1B | 80 2B
Projected Hold 2-5 Years

Rise at Dobson Ranch

1325 W Guadalupe Rd, Mesa, AZ 85202

Formerly Known As Standard Dobson Ranch
Units 120
Acquisition Date 15-Apr-2022
Purchase Price $38.125M
Invested Capital $12.65M
Loan 3+1+1 Non-Recourse Debt Fund
Deal Structure 506(B) Syndication
Unit Mix 18 1B | 102 2B
Projected Hold 2-5 Years

Rise North Mountain

9202 N 19th Ave, Phoenix, AZ

Formerly Known As 19 Rail
Units 137
Acquisition Date 12-Apr-2022
Purchase Price $28.6M
Invested Capital $14.22M
Loan 3+1+1 Non-Recourse Debt Fund
Deal Structure 506(B) Syndication
Unit Mix 38 ST | 64 1B | 35 2B
Projected Hold 2-5 Years

Rise Canyon West

3535 W Camelback Rd, Phoenix, AZ

Formerly Known As GC Square
Units 165
Acquisition Date 31-Mar-2022
Purchase Price $31.02M
Invested Capital $10.47M
Loan 3+1+1 Non-Recourse Debt Fund
Deal Structure 506(B) Syndication
Unit Mix 112 ST | 52 1B | 1 3B
Projected Hold 2-5 Years

Rise on Country Club

1903 N Country Club Dr, Mesa, AZ 85201

Formerly Known As Standard Country Club
Units 272
Acquisition Date 15-Mar-2022
Purchase Price $60.625M
Invested Capital $22.87M
Loan 3+1+1 Non-Recourse Debt Fund
Deal Structure 506(B) Syndication
Unit Mix 104 ST | 166 1B | 2 2B
Projected Hold 2-5 Years

Rise Trailside

5920 W Laurie Ln, Glendale, AZ 85302

Fomerly Known As Standard 59
Units 60
Acquisition Date 08-Mar-2022
Purchase Price $14.75M
Invested Capital $5.575M
Loan 3+1+1 Non-Recourse Debt Fund
Deal Structure 506(B) Syndication
Unit Mix 30 1B | 30 2B
Projected Hold 2-5 Years

Rise North Ridge

8080 N 51st Ave, Glendale, AZ 85302

Fomerly Known As Standard West
Units 130
Acquisition Date 08-Mar-2022
Purchase Price $31.7M
Invested Capital $11.2M
Loan 3+1+1 Non-Recourse Debt Fund
Deal Structure 506(B) Syndication
Unit Mix 74 1B | 56 2B
Projected Hold 2-5 Years

Rise at The Lofts

550 E Earll Dr Phoenix, Arizona 85012

Fomerly Known As Plaza 550
Units 92
Acquisition Date 28-Jan-2022
Purchase Price 25.2M
Invested Capital $9.975M
Loan 3+1+1 Non-Recourse Debt Fund
Deal Structure 506(B) Syndication
Unit Mix 92 1B
Projected Hold 2-5 Years

Rise at Estrella Park

1801 N 83rd Ave, Phoenix, AZ 85035

Formerly Known As Portola West Valley
Units 224
Acquisition Date 12-Jan-2022
Purchase Price 59.8M
Invested Capital $22.65M
Loan 3+1+1 Non-Recourse Debt Fund
Deal Structure 506(B) Syndication
Unit Mix 72 1B | 152 2B
Projected Hold 2-5 Years

Rise on Cave Creek

17646 N Cave Creek Rd, Phoenix, AZ 85032

Formerly Known As Portola Grover's Park
Units 141
Acquisition Date 29-Dec-2021
Purchase Price $36.6M
Invested Capital $12.36M
Loan 3+1+1 Non-Recourse Debt Fund
Deal Structure 506(B) Syndication
Unit Mix 35 1B | 106 2B
Projected Hold 2-5 Years

Rise Thunderbird

14020 N Black Canyon Hwy, Phoenix, AZ 85053

Formerly Known As Canyon Springs
Units 203
Acquisition Date 22-Dec-2021
Purchase Price $48M
Loan 3+1+1 Non-Recourse Debt Fund
Deal Structure 506(B) Syndication
Unit Mix 130 1B | 73 2B
Projected Hold 2-5 Years

Rise Westgate

4405 N 103rd Ave, Phoenix, AZ 85037

Formerly Known As Tides North Avondale
Units 120
Acquisition Date 21-Dec-2021
Purchase Price $36.6M
Invested Capital $12.36M
Loan 3+1+1 Non-Recourse Debt Fund
Deal Structure 506(B) Syndication
Unit Mix 120 2B
Projected Hold 2-5 Years

Rise Midtown

3815 N 16th Street Phoenix, Arizona 85016

Formerly Known As Avenel on 16th
Units 200
Acquisition Date 17-Dec-2021
Purchase Price $51M
Invested Capital $16.53M
Loan 3+1+1 Non-Recourse Debt Fund
Deal Structure 506(B) Syndication
Unit Mix 36 ST | 112 1B | 52 2B
Projected Hold 2-5 Years

Rise Skyview

5601 W McDowell Rd, Phoenix, AZ 85035

Formerly Known As Marble Creek
Units 244
Acquisition Date 18-Nov-2021
Purchase Price $62.3M
Invested Capital $19.74M
Loan 3+1+1 Non-Recourse Debt Fund
Deal Structure 506(B) Syndication
Unit Mix 108 1B | 136 2B
Projected Hold 2-5 Years

Rise at The Retreat

1025 E Orange St., Tempe, AZ 85281

Formerly Known As La Cresenta
Units 197
Acquisition Date 14-Oct-2021
Purchase Price $45M
Invested Capital $16.11M
Loan 3+1+1 Non-Recourse Debt Fund
Deal Structure 506(B) Syndication
Unit Mix 17 ST | 101 1B | 79 2B
Projected Hold 2-5 Years

Rise Parkside

7102 N 43rd Ave, Glendale, AZ 85301

Formerly Known As Solano Vista
Units 352
Acquisition Date 07-Oct-2021
Purchase Price $56.1M
Invested Capital $18.48M
Loan 3+1+1 Non-Recourse Debt Fund
Deal Structure 506(B) Syndication
Unit Mix 135 ST | 131 1B | 86 2B
Projected Hold 2-5 Years

Rise Camelback

5038 N 55th Ave, Glendale, AZ 85301

Formerly Known As Urban 55
Units 209
Acquisition Date 31-Aug-2021
Purchase Price $33.9M
Invested Capital $11.33M
Loan 3+1+1 Non-Recourse Debt Fund
Deal Structure 506(B) Syndication
Unit Mix 48 ST | 160 1B | 1 2B
Projected Hold 2-5 Years

Rise Desert West

6131 W Thomas Rd, Phoenix, AZ 85033

Formerly Known As Brookside
Units 204
Acquisition Date 01-Jul-2021
Purchase Price $41.6M
Invested Capital $13.35M
Loan 3+1+1 Non-Recourse Debt Fund
Deal Structure 506(B) Syndication
Unit Mix 18 ST | 92 1B | 94 2B
Projected Hold 2-5 Years

Rise Biltmore

4728 N 15th St, Phoenix, AZ 85014

Formerly Known As City 15
Units 161
Acquisition Date 01-Jul-2021
Purchase Price $32.3M
Invested Capital $9.45M
Loan 3+1+1 Non-Recourse Debt Fund
Deal Structure 506(B) Syndication
Unit Mix 17 ST | 129 1B | 15 2B
Projected Hold 2-5 Years

Rise at The Preserve

1502 W Glendale Ave, Phoenix AZ 85021

Formerly Known As Cascada Del Sol
Units 166
Acquisition Date 01-Jun-2021
Purchase Price $26.7M
Invested Capital $9.72M
Loan 3+1+1 Non-Recourse Debt Fund
Deal Structure 506(B) Syndication
Unit Mix 54 ST | 68 1B | 44 2B
Projected Hold 2-5 Years

At RISE48 EQUITY

Our Portfolio is Well-Established to help investors grow their wealth

Our portfolio includes the disposition sales of 11 multifamily real estate assets. In total, we’ve completed seven 1031 exchanges, allowing our investors to defer capital gains tax from their profits.

Every single deal we have ever acquired has drastically exceeded projections.

At Rise48 Equity we strive for success by being fully vertically integrated. Our property management company, Rise48 Communities, controls all of the day-to-day operations, renovations, and teams at our multifamily apartment properties.

To learn more about our multifamily deals in Phoenix and Dallas, or to learn how you can invest in multifamily with Rise48 Equity, click the button below and schedule a call with us.

Helping investors like you earn passive income and generational wealth through multifamily real estate investments.