Three Pillars Capital Group
Year Founded
2017
AUM
$500M
Headquarters
Houston, TX
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.
Markets
Texas
Asset Classes
Multifamily
Accepted Investors
Accredited
Three Pillars Capital Group Reviews
2Invest Clearly reviews are real experiences from verified investors. Here's
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.
Knowledgeable team, always deliver
Great leaderships team, always proactive and easy to reach whenever need any information. On time distributions.