In March 2017, Trinity Investors (formerly Trinity Private Equity Group) partnered with S2 Capital to acquire a 1,190-unit, two-asset, multifamily portfolio located in Dallas, Texas. In October 2020, S2 Capital successfully closed on a sale of Tierra Linda (since renamed The Muse Apartments) for $66.0 million. With a pre-tax distribution of net sales proceeds equal to approximately ~76.37% of the original equity associated with The Muse, TPEG investors would have realized an internal rate of return (“IRR”) of 41.5% and a cash-on-cash return of ~2.07x over the 44-month investment horizon.
Trinity Investors is a private equity firm located in Southlake, Texas. If you are interested in learning more about our alternative investing opportunities, please contact a member of our Client Relations Team.