$115M+
Total Pipeline Value
๐ฆ Project Stoplight
๐ค March 30, 2026
| Status |
Project |
Entity |
Stage |
Key Metric |
Next Deadline |
Open Actions |
|
Thaxton Corner |
BBM |
Feasibility |
$6.65M purchase ยท $11M target |
~Apr 14 โ Feasibility |
5 |
|
Kohlenberg / NB |
BBM |
Negotiation |
$24โ32M gross ยท $522Kโ$3M BBM |
This week โ Survey auth |
4 |
|
Mayfair BTR |
JAK |
JV Structuring |
Novak JV ยท BTR ยท NB TX |
Now โ JV not signed |
3 |
|
FM 812 / Wong Tract |
BBM |
Under Contract |
300โ400 unit MF + retail |
PSA Amendment v2 โ TBD |
2 |
|
Dallas McKinney |
JAK |
Early Stage |
~32 unit luxury MF ยท Dallas TX |
GC pricing needed |
2 |
|
Radiant |
JAK |
Structuring |
Novak JV ยท NB TX ยท Paired w/ Mayfair |
Tracking Mayfair |
1 |
|
Slaughter Park |
HSRE |
Lot Sales (Late) |
2 lots remaining ยท NRP on Lot 3 |
Preakness closing โ TBD |
3 |
๐
Upcoming Deadlines โ Next 60 Days
๐ค March 30, 2026
๐ด Urgent โ This Week
ASAP
Kohlenberg โ ALTA + Topo Survey Authorization
Must authorize before JV finalization ยท Owner: John Burns
Urgent
This week
Mayfair โ JV Agreement with Novak
Revised JV sent 3/26 ยท Owner: Andy Heard
Urgent
Tue Apr 1
Thaxton โ Mahoney Engineering Meeting (2pm CT)
Lot 6 feasibility answer + CP5 feedback ยท Tyler Boykin, Daniel Mahoney
Scheduled
๐ก Coming Up โ Next 2 Weeks
~Apr 7
Thaxton โ Feasibility Extension Decision (GO/WALK)
$10K deposit extends 60 days ยท Must decide before Apr 14 expiration
Decision needed
~Apr 14
Thaxton โ Feasibility Period Expires
Last day to extend. $10K extension deposit required. Owner: John Burns
Hard deadline
~Apr 14
FM 812 โ PSA Amendment v2
Phase II auto removal clause ยท Heather Puckette reviewing ยท Owner: John Burns
In progress
๐ข On the Horizon โ 30โ60 Days
TBD Apr/May
Slaughter โ Preakness Closing (NRP)
6-month extension from March 10 ยท 9th Amendment ยท NRP paid $50K deposit
On track
TBD Apr/May
Kohlenberg โ JV Agreement Execution
Post-Gissler call ยท Chase Waters drafting
On track
TBD
Slaughter โ Lot 2 Subdivision (N/S split)
Mahoney Engineering proposal needed ยท ~13ac MF south + ~3ac retail north
Pending
๐ฐ Returns Snapshot โ All Projects
๐ค March 30, 2026
| Project |
Entity |
Investment |
Target Gross |
Est. Net Profit |
Multiple / Margin |
Timeline |
| Thaxton Corner |
BBM |
$6.65M |
$11.0M |
$2.6M |
35% margin |
Q3โQ4 2026 |
| Kohlenberg (Scen A) |
BBM |
$522K |
$24.5M |
~$6.3M (50/50) |
13.1x |
Q1โQ2 2027 |
| Kohlenberg (Scen B) |
BBM |
$3.08M |
$30โ32M |
~$8.8M (50/50) |
~3x |
Q1โQ2 2028 |
| FM 812 |
BBM |
TBD |
TBD |
TBD |
MF + Retail |
2027+ |
| Mayfair BTR |
JAK |
TBD (JV) |
TBD |
TBD |
Peachtree evaluating |
2027+ |
| Dallas McKinney |
JAK |
TBD |
TBD |
TBD |
~32 unit luxury MF |
2027+ |
| Slaughter Park |
HSRE |
~$10M (orig) |
Lots 2+4 remaining |
TBD retail |
Late stage |
2026 |