University of Oregon

Texas growth Fund Project X, LP is providing the EB-5 financing for construction of a 297-unit, 5-story multifamily housing development project in the heart of downtown Eugene and within 1 mile of the University of Oregon campus. The single census tract in which the project site is located qualifies as a Targeted Employment Area (“TEA”) for EB-5 job creation purposes. The Project’s 285 job creation capacity provides 20 qualified EB-5 investors with a 42.5% excess job creation cushion.

With current rental vacancy rates already at 2.5% (per Costar), the City of Eugene has created the “Envision Eugene Plan” to solve for the growing population and lack of sufficient housing. Within a 1-mile radius of our site, 89% of the 24,911 downtown residents are renters. Our Project will be the first dense multifamily product to be delivered after the City’s Envision Eugene Plan was released.

The site is also located within one of the city’s TOD (“Transit Oriented Development”) areas. One of the benefits of this designation is that the parking garage requirement is removed. This will result in substantial project construction cost savings, enabling our product to be delivered at a 25% discount to comparable new product in the city. In addition, the City of Eugene is providing two city-owned parking garages within a block of the site, through which we may provide our tenants with dedicated, discounted annual parking contracts. Additionally, the City operates a free, on-demand electric “Uber-esque” transportation service called EmGo. Finally, tenants of the project will enjoy its “walker’s paradise” walk score of 96.

Less than a 10-minute bus ride away, 23,000 students attend the top-rated Public University in the State of Oregon, a Tier 1 National Public Research University. The University of Oregon is ranked #1 state-wide as the:

Top Public University
Best College Campus
Best Student Life
Most Diverse College
Best Colleges for Business, Education, Athletics, Accounting, & Finance

The Project is being built to serve a mix of multi-family and student needs. Within a thriving lifestyle district, offering under-market rents, and with superior amenities in comparison to both old and newly delivered product in the city, we expect a successful product and early-lease up.

Texas Global Equity Partners X, LLC along with the developer Aspen Heights, will deploy $20 million of equity to the $57.5 million of construction costs of the project, representing 35% of the total development budget.

Are you an accredited investor?

The EB-5 opportunities offered by Texas Growth Fund are open only to “accredited investors” as defined by United States securities law.

An accredited investor must have one of the following:

NET WORTH (or joint net worth with the investor's spouse) of at least $1,000,000 (excluding the value of investor’s primary residence).
ANNUAL GROSS INCOME in each of the last two years of at least $200,000, and expected gross income in the current year of at least $200,000 (or joint annual gross income with spouse of $300,000).

I am an accredited investor I am not an accredited investor

THIS DOCUMENT IS NOT AN OFFER TO SELL SECURITIES OR THE SOLICITATION OF AN OFFER TO PURCHASE SECURITIES BY TEXAS GROWTH FUND OR ANYONE ELSE ACTING ON ITS BEHALF. ANY OFFER OF SECURITIES IN THIS PROJECT MAY BE MADE ONLY TO QUALIFIED PURCHASERS AND ONLY PURSUANT TO THE CONFIDENTIAL OFFERING MEMORANDUM PREPARED FOR TEXAS GROWTH FUND’S EB-5 INVESTMENT PROGRAM AND THE SUBSCRIPTION DOCUMENTS INCLUDED THEREWITH. ANY SALE OF SECURITIES IN THIS PROJECT WILL OCCUR ONLY FOLLOWING EXECUTION OF A WRITTEN SUBSCRIPTION AGREEMENT BY THE POTENTIAL INVESTOR AND ACCEPTANCE OF SUCH SUBSCRIPTION AGREEMENT BY THE MANAGER OR GENERAL PARTNER OF TEXAS GROWTH FUND IN ITS SOLE DISCRETION. THE INFORMATION IN THIS DOCUMENT IS SUBJECT TO CHANGE WITHOUT NOTICE, DOES NOT REPRESENT ALL OF THE INFORMATION MATERIAL TO AN INVESTMENT DECISION, AND IT IS QUALIFIED IN ITS ENTIRETY BY THE INFORMATION IN THE CONFIDENTIAL OFFERING MEMORANDUM. NO REPRESENTATION OR WARRANTY IS GIVEN AS TO THE COMPLETENESS OR ACCURACY OF THE INFORMATION IN THIS DOCUMENT, AND NO INFORMATION HEREIN SHOULD BE CONSIDERED AS A RECOMMENDATION TO PURCHASE OR SELL ANY SECURITIES. NOTHING IN THIS PRESENTATION SHOULD BE CONSIDERED ACCOUNTING, TAX, LEGAL OR INVESTMENT ADVICE. ALL PERSONS ARE STRONGLY URGED TO CONSULT WITH THEIR OWN ADVISORS REGARDING ANY POTENTIAL INVESTMENT OR EMIGRATION MATTERS.

CERTAIN INFORMATION AND STATEMENTS IN THIS PRESENTATION CONSTITUTE “FORWARD-LOOKING STATEMENTS” OR STATEMENTS WHICH MAY BE DEEMED OR CONSTRUED TO BE “FORWARD-LOOKING STATEMENTS” WITHIN THE MEANING OF THE PRIVATE SECURITIES LITIGATION REFORM ACT OF 1995. THE WORDS “FORECAST,” “ESTIMATE,” “PROJECT,” “INTEND,” “EXPECT,” “ANTICIPATE,” “MAY,” “WILL,” “SHOULD,” CONTINUE,” “BELIEVE,” AND SIMILAR EXPRESSIONS, OR THE NEGATIVES THEREOF, OR OTHER VARIATIONS THEREON, ARE INTENDED TO IDENTIFY FORWARD-LOOKING STATEMENTS. THESE FORWARD-LOOKING STATEMENTS INVOLVE, AND ARE SUBJECT TO, KNOWN AND UNKNOWN RISKS, UNCERTAINTIES, AND OTHER FACTORS THAT COULD CAUSE THE PROJECT’S OR PROJECT OWNER’S ACTUAL RESULTS,PERFORMANCE (FINANCIAL OR OPERATING) OR ACHIEVEMENTS TO DIFFER FROM THE FUTURE RESULTS, PERFORMANCE (FINANCIAL OR OPERATING) OR ACHIEVEMENTS EXPRESSED OR IMPLIED BY SUCH FORWARD-LOOKING STATEMENTS. FOR A PARTIAL LIST OF SUCH RISKS, UNCERTAINTIES, AND OTHER FACTORS, SEE CAPTIONS “RISK FACTORS” AND “CONFLICTS OF INTEREST” (OR SIMILAR CAPTIONS) IN THE CONFIDENTIAL OFFERING MEMORANDUM.