With a population of over 27 million, Texas leads the United States in job creation and population growth. It is expected that Texas will double in size by 2050 (https://www.texastribune.org/2015/03/05/report-texas-population-double-2050/). Texas has one of the lowest unemployment rates in the United States and according to 2015 numbers, the Texas GDP (1.6 trillion) is higher than both Canada (1.5 trillion) and Mexico (1.1 trillion) (http://data.worldbank.org/indicator/NY.GDP.MKTP.CD). The state’s rapid growth and stability has driven the demand for land to supply housing, businesses and infrastructure. Texas has an enterprising economy that, for the right group, can provide strategic investment opportunities.
Rockspring Capital specializes in strategically acquiring undervalued land in the “Texas Triangle” – the region including the robust real estate markets of Houston, San Antonio, Austin and Dallas/Fort Worth. Land is acquired without leverage in an effort to expedite the close of the sale and to decrease the risk to the investor compared to using borrowed capital. Rockspring’s process is to purchase, hold, add value by obtaining entitlements, strategically develop and then sell the land to the right end-user. Having been in business since 2003, Rockspring has developed the expertise and resources required to identify and close on undervalued parcels of land in this continuously growing region of the United States.
Raintree Financial Solutions has worked with Rockspring Capital since 2012 providing clients with access to invest in three previous funds to date. Rockspring is a great example of taking advantage of a thriving economy while still finding value in mispriced, under-performing assets.