Company Research Report: Savoy Equity Partners

1. Company Overview

Name and Mission

Name: Savoy Equity Partners
Mission: Unlock the potential of your capital with expert real estate investment strategies.

Founding and Founders

Founded By: No information is available
Year Founded: No information is available

Key People

Barrett Linburg - Co-founding Principal

• Responsibilities: Oversees capitalization, structuring of investments, and deal sourcing.

• Background: Started real estate investment in 2012. Specializes in transactions with complex structures.

• Education: BBA and MBA from SMU Cox School of Business with a concentration in real estate and finance.

Hunt Neurohr - Director of Development

• Responsibilities: Manages new construction projects.

• Background: Experience in multifamily product types in suburban and urban-core markets within Texas.

• Education: BBA in Finance with Real Estate from Texas Christian University.

Bobby Wunderlick - Financial Analyst

• Responsibilities: Focuses on financial analysis for all investments and assists with acquisitions, developments, and day-to-day operations.

• Background: Began real estate career at Northmarq focusing on multifamily assets in the DFW metroplex.

• Education: Degree in Economics with a minor in Finance from the University of Texas at Austin.

Headquarters

Location: 6060 North Central Expressway STE 770, Dallas, Texas 75206
Contact: (214) 432-1736

Number of Employees

No information is available

Revenue

No information is available

Known For

Savoy Equity Partners is known for:

• Specialization in multifamily real estate investment and development.

• Revitalizing neighborhoods and integrating complex tax structures such as Opportunity Zone benefits.

• Full-cycle control from design to stabilization through vertical integration with construction and property management firms.

• A strong track record of transforming and managing apartment buildings.

2. Products

Products Offered

• Real Estate Investments: Specializes in developing and renovating apartment buildings in Texas.

• High-Level Description: Revitalizes neighborhoods and integrates complex tax structures for optimized returns.

• Key Features:

• Opportunity Zone tax structure

• Historic tax credits

• 45L tax credits

• Property tax abatement

• Cost segregation strategy

3. Recent Developments

New Products Launched

No information is available

New Features Added to Existing Products

No information is available

New Partnerships

No information is available

4. Strategy Highlights

Savoy's strategy focuses on leveraging various tax incentives to boost after-tax profitability for investors. Key strategies include:

• Opportunity Zone Investments: Invested over $63 million in qualified capital gains across 20+ projects in Texas.

• Historic Tax Credits: Utilizes federal and state tax credits to lower renovation costs for historic buildings.

• 45L Tax Credits: Collaborates with contractors to meet energy efficiency standards, qualifying for tax credits up to $5,000 per unit.

• Property Tax Abatement: Achieved numerous approvals for Public Facility Corporation (PFC) projects, receiving long-term property tax abatements.

• Cost Segregation: Hires specialists to accelerate depreciation rates, enabling significant upfront write-offs.

By utilizing these strategies, Savoy has demonstrated considerable success, with a weighted average Internal Rate of Return (IRR) of 40.5% over an average holding period of 4.7 years.