Development Projects

dev project image1Projects That We Have Developed

Chateau du Lac Condominiums (104 units)

These properties were developed (as condominiums) as personal investments by James Deas and Two Associates. Upon completion the decision was made by the partners to hold and maintain the properties as rentals.

dev project image2The Townes of Southgate Condominiums (540 units)

This was held for several years.  Subsequently they were sold and the equity appreciation recaptured (at favored capital gains tax rates).

During the holding period the properties produced passive income  (Taxes were reduced by depreciation).