Join a strategic $19M commercial project with projected returns of 12–13% IRR — now accepting accredited investors and JV partners.
Haslet Investment Group presents an opportunity to participate in a $19 million ground-up retail development, located in the Haslet, Texas.
The project is designed to include dining, fitness, and entertainment anchors — backed by a proven development team and a clear exit strategy.
Haslet Investment Group specializes in high-quality, sustainable residential properties, including Commercial and Apartment Complexes, Hotels, and Senior Living communities.
This offering is ideal for accredited investors, capital partners, and institutional groups seeking predictable cash flow and long-term capital appreciation.
Total Capital Raise: $19M
Projected IRR: 12–13%
Equity: 25%
Capital Return: Refinance in Year 5
Exit: Property sale in Year 7
Asset Type: Retail
Strategy: Ground-up construction
· Funding & Launch: Year 0
· Construction Period: 12–30 months
· Operations Begin: Year 3
· Refinance & Payout: Year 5
· Final Sale & Exit: Year 7
Rick Farnoush is a seasoned real estate developer, construction executive. He is the managing partner of Haslet Investment Group LLC. He founded Farnoush Construction Inc. and Easy Home Remodel Corp, both of which handle multimillion-dollar projects annually.
Lead Developer
Jay Bommareddy has over 25 years of experience in operations, and investment strategy. He has made successful investments in multifamily, and commercial
Jay is a key player in structuring deals, and building strategic partnerships.
Venessa Lewis brings a rare blend of technical, business, and real estate acumen to the team. A former NASA contractor and software engineer.
She plays an active role in project coordination and market positioning.
Mohammad is a seasoned Commercial Real Estate Investor with over 25 years of experience. He has led multiple developments in the DFW area including:
A 40 Townhome community in A 72-unit gated senior living community.
FAQs
Your Questions Answered: Insights on Investing and Property Development
Who can invest in this opportunity?
This investment is open to accredited investors in accordance with SEC regulations. We can help determine your eligibility if needed.
What is the structure of the investment?
Investors will hold a 25% equity stake across Phases 1 and 2 of the development. This is a 7-year investment with a return of equity projected by Year 5 and full exit by Year 7.
What returns can I expect?
The project targets a 12–13% IRR, along with a 9% preferred return (non-compounded) paid annually. Final profit distributions occur at the refinance and sale events.
Is the investment secured?
Yes. Your investment is backed by an equity position in the project’s ownership structure. Full details are disclosed in the PPM and investor package.
Can I review the development site or speak with the sponsors?
Yes. Virtual presentations, due diligence calls, and optional site tours are available to qualified investors.
What are the next steps to invest?
Submit your information through the contact form, and we’ll send you the investor package, legal disclosures, and schedule a call to discuss next steps.
Copyrights 2025 | Haslet Investment Group™ | Terms & Conditions