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Three Pillars Capital Group: Verified Investor Reviews on Invest Clearly

3.50

(2 reviews)
Sponsor
Unclaimed Profile
Actively Raising

Three Pillars Capital Group Website

Three Pillars Capital Group

Three Pillars Capital Group Overview

Three Pillars Capital Group (TPCG) is a Houston-based real estate private equity firm with over $500M+ in assets under management and a strong track record of execution providing investors realized returns. TPCG is particularly focused on acquiring B and C class properties and providing luxurious and stylish apartments at an affordable price. The team is fueled by the common mission and commitment to make the communities with these properties more accessible, beautiful, and functional for everyone. TPCG acquired its first property in 2017 and has a portfolio of multifamily units located across the Greater Houston area.
Having invested in the Houston Class B & C space, we have a strong understanding of the various sub-markets and operations of these assets. We understand the demands of tenants as it relates to local sub-markets and how to cater to those demands. We have 3-4 primary ways to drive revenue. It all starts with providing our tenants with high quality and classy places to live. Given our experience and understanding of the local market, we can effectively manage revenue and remove inefficient management practices to improve NOI.

Address

1800 West Loop South, #1150

Houston,

Texas

77027

Year Founded

2017

Operates In

Texas

Asset Classes

Multifamily

Accepted Investors

Accredited

Three Pillars Capital Group Details

Assets Under Management$500M
Average IRR20.00%

Three Pillars Capital Group Reviews
2

Verified Investor

1/22/2024

2.00

"Mixed results some good some kinda OK"

On one deal they amended first year 1065 tax return after getting cost segregation accelerated depreciation, so we got the burden of an amended K-1 and amended our personal return, but that gave a 20K refund credit applied to our next year return (so was worth the trouble). Another deal on final year exit distribution they reported partner income by sending both a K-1 and 1099NEC, so we got Self Employment tax liability. I suspect sponsor's pushed some of their SE tax burden onto the LPs. I wasn't adequately prepared to put all that 1099NEC (earned income) into "deferred compensation" of our solo 401k when that occurred, shame on me, I learned my lesson but kick myself. I imagine other LPs not involved with their tax return preparation might have had worse tax issues.

RT

Roman T.

11/23/2023

5.00

"Knowledgeable team, always deliver"

Great leaderships team, always proactive and easy to reach whenever need any information. On time distributions.