Acquisition Profile

 
 

Fairfield Ranch

Houston, Texas
 

Asset – 294 class-A garden-style apartments
Total Development Budget – Approximately $33 million
Acquisition Date – Sept. 24, 2013
Market – Located 27 miles northwest of Houston in the Fairfield master-planned community that spans more than 3,200 acres

 

CNL Growth Properties owns an 80 percent interest through a joint venture with AHC Fairfield Operator, LLC.

 

Notice: CNL Growth Properties closed to new investors on April 11, 2014.

CNL Growth Properties is sponsored by CNL Financial Group, LLC, and is advised by an affiliate of CNL.

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There are important risks associated with an investment in Global Growth Trust. To view a summary of these risks, as outlined in the prospectus, click here. This material must be read in conjunction with our prospectus in order to fully understand the implications and risks involved in this offering. To read a copy of the prospectus, click here.
Prospectus Risk Factors
Annual Report on Form 10-K