Deal Pipeline
All active projects ยท Status, deadlines & key metrics at a glance
March 30, 2026
๐Ÿค– Atlas ยท Updated today
7
Active Projects
3
๐Ÿ”ด Urgent
2
๐ŸŸก Watch
2
๐ŸŸข On Track
$115M+
Total Pipeline Value
~$18M
Est. BBM/JAK Profit
๐Ÿšฆ Project Stoplight ๐Ÿค– 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 $24โ€“32M 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 300โ€“400 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
๐Ÿ“… Upcoming Deadlines โ€” Next 60 Days ๐Ÿค– March 30, 2026
๐Ÿ”ด 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
๐ŸŸก 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
๐ŸŸข On the Horizon โ€” 30โ€“60 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
๐Ÿ’ฐ Returns Snapshot โ€” All Projects ๐Ÿค– 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 Q3โ€“Q4 2026
Kohlenberg (Scen A) BBM $522K $24.5M ~$6.3M (50/50) 13.1x Q1โ€“Q2 2027
Kohlenberg (Scen B) BBM $3.08M $30โ€“32M ~$8.8M (50/50) ~3x Q1โ€“Q2 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