As we head into the final stretch of the year, momentum is building across every front. The Fed’s rate cuts are beginning to ripple through the market, Texas fundamentals remain strong, and EagleCap’s next multifamily acquisition is nearly under contract. On top of that, our properties continue to stabilize, and investors now have new tools to grow their portfolios through Self-Directed IRAs and Solo 401(k)s.
DFW & Houston remain high-growth markets with strong rent fundamentals.
Next Texas acquisition expected to go under contract next week, with investor reservations open soon.
Affordability improves, and deals start to pencil again.
Learn how to invest through Self-Directed IRAs or Solo 401(k)s with our new custodian partners.
The Avenues and Stone Ridge continue to move closer to full stabilization, positioning both assets for a strong 2026.
Between lower rates, solid Texas fundamentals, and new opportunities coming online, the next few months are shaping up to be EagleCap’s strongest yet.
Occupancy rose to ~89.0% in Q2 2025, up ~50 bps from the prior quarter.
New deliveries slowed (2,275 units in Q2 vs 3,359 previously) while absorption hit 5,521 units—hinting at supply normalization ahead.
Construction pipeline is shrinking after a surge; investors expect positive rent growth (2–2.7% YoY) as new supply eases.
Houston’s expanding economy—led by healthcare, energy, logistics, and inbound corporate moves—is fueling demand even as development winds down.
Inventory is rising and price growth is cooling, giving savvy buyers more negotiation room without collapsing demand.
Job growth remains solid at ~2–3% annually in early 2025, underwriting long-term housing and rent stability in the region.
On the ground: Buyers are seeing less bidding war pressure, while sellers still benefit from the metro’s population and corporate inflow trends.
We’re strategically positioning in both DFW and Houston where the macro fundamentals support value-add outcomes.
Lower development competition + stabilizing supply = better margin opportunity for disciplined operators.
With Texas being business-friendly, lower cost, and growing in population, our decision to focus here allows us to capture upside sooner with less risk.
The combined Texas footprint gives us deal flexibility and scale. More pathways to execute our Trusted Legacy Wealth System.
Between DFW’s undersupplied momentum and Houston’s tightening pipeline + strong fundamentals, the Texas corridor is shaping up as a premier value-add gateway. We’re already active and ready to leverage this shift.
Mortgage rates eased to ~6.30%, the lowest in about a year, improving affordability on financed purchases and refi math. Keep your pre-approval fresh and be ready to lock.
The Fed cut 25 bps on Sept 17 and remains open to more easing; markets are watching for another move even as the shutdown delays key data (CPI, jobs)—meaning policymakers are flying with less visibility.
Why it matters: Slightly cheaper debt + potential additional easing = better DSCR, tighter spreads, and more deals that pencil—if you stress-test at today’s rates and move when numbers work.
The One Big Beautiful Bill (Public Law 119-21) makes the Opportunity Zone (OZ) program permanent, giving investors long-term certainty around deferral and potential tax-free growth after a 10-year hold. That stability matters when planning multi-year value-add business plans.
Why it matters: If you have realized or upcoming gains, OZs now look structurally more attractive for compounding after improvements.
Rates are drifting lower, the Fed is leaning easier, DFW fundamentals remain intact, and OZ policy just got stickier. Net-net: conditions favor prepared operators—underwrite at 7%+, keep approvals current, and be ready to strike when a property pencils.
After months of due diligence and negotiation, we’ve reached an agreement with the seller of Pasadena-172 and expect to be under contract next week on our next multifamily acquisition in Texas.
45-Day Due Diligence Period: During this time, we’ll begin allowing investors to reserve their allocation in the deal while we check out the property from top to bottom.
Once due diligence is near completion, the funding window will open for accepted investors, while we work to finalize the loan arrangements.
Based on current interest, we expect this opportunity to be oversubscribed, so early reservations are encouraged.
This acquisition perfectly fits our Trusted Legacy Wealth System: a value-add property with strong cash flow potential, operational upside, and a below-market purchase price secured by experienced management.
*Legal Disclaimer: This is not a solicitation for investment. Details for qualified investors can be seen by contacting the EagleCap Investment Relations Team.
EagleCap partners with Madison Trust (for Self-Directed IRAs) and Broad Financial (for Solo 401(k)s) to help investors put retirement funds to work in real assets—without relying solely on Wall Street.
Learn more about how this works at eaglecapinvesting.com/invest-to-retire
Max Control, Max Growth
If you’re self-employed or own a small business, a Solo 401(k) is one of the most flexible and powerful retirement tools available.
Invest directly in real estate or private placements—no brokers, no delays
Use checkbook control to write checks or wire funds straight from your plan
Contribute up to $70,000 (2025)—even more if you’re 50+
Choose your tax structure—traditional (pre-tax) or Roth (post-tax)
Stay in control as trustee, deciding how and when your funds are used
Broad Financial calls it checkbook control: fast, compliant, and fully under your management.
Unlike traditional brokerages that limit your options, a Solo 401(k) lets you build diversified, cash-flowing wealth through assets you understand—like multifamily real estate.
Learn more and get started:
Now 25 of 33 units leased, continuing steady month-over-month progress.
Focused on completing tenant work orders and final post-construction adjustments as the property stabilizes.
All smart water sub-meters are now installed and active, allowing us to bill utilities individually and improve expense recovery.
After a couple of months of delays, Unit 7 is now complete.
Units 13 and 14 are leased and occupied after offering a one-month free concession to help fill vacancies and stabilize income as the slower fall leasing season sets in.
Remaining interiors include Unit 5 (≈ 50% complete), Unit 12 (recently started), and Units 2 & 3 (not yet started).
Teams are pushing to complete additional siding, paint, and landscaping before year-end to enhance curb appeal and support stronger rents in the new year.
Goal for Q4 2025: Finish Units 5 and 12 and push on exterior upgrades.
Q1 2026: Complete the final two units and finalize exterior improvements.
This timeline positions the property to be fully stabilized by Spring 2026, setting us up for a target refinance next fall.
Our next multifamily acquisition in Texas is nearly across the finish line. We expect to be under contract next week.
Qualified investors can reserve their allocation in Pasadena-172. Given strong early interest, spots are expected to fill quickly.