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Who here invests as an LP in ground up multifamily construction deals?

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I am working for a sponsor who is raising capital for 2 ground up multifamily development projects. One is in DFW and the other is in New Braunfels. It seems like though they are great investments, though there are not too many people who actually dive into a private placement like this. 

Would be interested in hearing your thoughts on getting into deals like ours. 

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