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LaunchCresset Real Estate Partners and Fidelis Announce Joint Venture for Multifamily Development in Houston Area.

Nov 26, 2024
HoustonReal EstateReal Estate InvestmentHospitalityCommercial Real Estate

Product Description

Cresset Real Estate Partners has announced a joint venture with Fidelis Residential Partners to develop a nine-building, 252-unit multifamily community named Fidelis Willis in Willis, Texas. The project is funded by Cresset's Qualified Opportunity Zone Fund III and is set to break ground in late 2024, with completion expected by Q3 of 2026.

Company Information

Company

Cresset Real Estate Partners

Location

Houston, Texas, United States

About

Cresset Real Estate Partners specializes in real estate development, focusing on maximizing long-term capital gains for investors through qualified opportunity zone funds. The firm is engaged in various investment opportunities across high-growth markets in the United States. Fidelis Residential Partners, a division of Fidelis, has an established history of developing and managing multifamily communities in the Houston area. The firm is committed to addressing housing needs in rapidly growing regions.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include FundzWatch™ for automated website change detection, Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.