Westchase Ranch Resort
Paramount Inv Co-Gp with Firmus Inc. acquired May 2017
03/13/2006 in the original amount of $157,440,000 through CMBS pool name – Wachovia Bank. Partnership acquired at significant discount under $45 million May 2017.
Projected IRR of the West chase Apts 25%
Approximately 120,000 sf of retail and 160 multi-family units. The project has been separated into 3 phases: two 5 1/2 acre retail parcels and a third 5 1/2 acre parcel that we can either build retail, multi-family or sell.
Projected IRR of the Raley’s at 21%
1301 Municipal Way
New Acquisition May 2017 30,000 sq ft of class AAA corporate office property. Sale leaseback . This multimillion dollar class AAA facility is located in the heart of Grapevine Texas 5 minutes from DFW International Airport. Acquisition completed by President and Chairman Roland Stewart. Closed all cash within fifteen days of Contract execution, with no retrades. Mr. Stewart has placed in our growth fund DFW Texas USA portfolio for long term hold.
Twin Palms Beach House - Cayman Islands
Twin Palms is located minutes from Rum Point on a secluded stretch of beach on the North Coast of Grand Cayman. Surrounded on all sides by Dart Cayman Lands (Camana Bay and Kimpton Developer) privacy for the long term will be maintained. Redesigned with short term rentals in mind this home will rent extremely well.
Bear Paw Lake View Lodge
$15 million dollar estate crowning 30 incredible pine-studded acres overlooking Lake Tahoe, a rolling 10,000 square foot rolling lawn, and bordered by California and US forest lands this luxury vacation rental is absolutely the perfect find for those seeking a truly serene and secluded mountain retreat.
Located near Tahoe City, Bear Paw Lodge was designed to entertain. Styled with 6,100 square feet of heartwarming log interiors paved in quartzite, oak, and hickory, evokes the gentrified hideaways of the old Adirondacks. Vaulted ceilings, impeccable designed furnishings, along with expansive wood work and custom masonry including two floor-to-ceiling rock fireplaces create a grandiose feeling in every room.
The Resort at 925 Main
The Resort at 925 Main is the first urban-style loft development in historic Grapevine. It offers the ultimate lifestyle with a resort-style pool, relaxing cabanas, elaborate athletic facility with in-house private trainers, executive high-tech conference center, resident and guest parking in a multi-level secured garage. A pet friendly community with 251 luxurious residences offering a variety of spacious 1 and 2 bedroom floor plans with up to 2 ½ baths and a total of 1,592 square feet. They include gourmet kitchens, granite countertops, oversized soaking tubs and 12ft ceilings. Located within walking distance of historic downtown Grapevine with its variety of wonderful shops, restaurants, and wineries, and just minutes away from DFW Airport. Grapevine’s new state-of-the-art Community Activities Center is located next door and is scheduled to open in early 2015. The Resort at 925 Main was purchased in October of 2014.
The Shops at Waterview Park
Developer Roland Stewart, President of Paramount Investments, and Carbon Landmark Company broke ground in the fall of 2006, on a $60 million master planned urban lifestyle center located in suburbia Duncanville within the Dallas/Fort Worth Metropolitan area. The development comprises more than 100,000 square feet of specialty retail space including a new 41,000 sq ft LA Fitness center, a 216 unit up-scale gated community known as the "Bella Ruscello" apartment community and a five-acre linear public park with hike-bike trails.