Apollo Vista Deal Breakdown:
128-Home Build-to-Rent Duplex Community. Explore Strategy & Returns.
Join CPI Capital's August Biniaz, Ava Benesocky & Paul Hopkins for an exclusive first look at Apollo Vista — a 128-home BTR duplex community in Denton, TX (DFW) leasing directly into a 2027 supply trough, targeting a 21.5% LP IRR.
August Biniaz, Ava Benesocky & Paul Hopkins
Leadership & Investments Team, CPI Capital
Apollo Vista
Denton, TX (DFW)
BTR Duplex
128 Homes
About The Apollo Vista 506(c) Acquisition
The Apollo Vista webinar is now accepting registrations. On this live session, accredited investors will receive an in-depth walkthrough of this 128-home build-to-rent duplex community in Denton, TX (DFW) — our supply-trough timing thesis, capital structure, phased build-to-hold execution, and dual-exit strategy.
Engineered For Capital Preservation
Proven institutional execution and disciplined underwriting across high-growth Sunbelt markets.
Registered Fund Eligible
RRSP, TFSA, RESP (Canada) & 401(k) / Self-Directed IRA (U.S.)
Structured For Accredited Allocators
The Ideal Investor Profile
Our 506(c) offerings are explicitly engineered for accredited individuals and institutional capital looking for tax-efficient real estate yield:
- High-Net-Worth Individuals requiring tax sheltered passive distributions.
- Family Offices seeking geographic diversification in high-growth Sunbelt markets.
- Qualified Purchasers & RIAs seeking co-investment alongside seasoned GPs.
- Busy Professionals wanting passive real estate exposure without property management headaches.
Build-to-Rent Duplex Product
128 homes across 64 duplex lots (~1,400 SF, 3BR/2.5BA with garages & yards) on ~21.8 finished acres in central/east Denton, Texas.
Capital Preservation Focus
~85% LTC institutional construction debt (Renovo Financial), phased equity staging, and LP preferred returns of 12% / 10% before any GP promote.
Dual-Exit Strategy With A Floor
Institutional bulk sale (~5.5% cap, ~$306K/home) or individual-unit retail sellout (~$300K/home) — two paths converging near $300K/home.
Why Apollo Vista Outperforms
A 50/50 partnership between CPI Capital and local BTR specialist Invest5S — vertically integrated execution, institutional debt, and a timing edge into a tightening market.
De-Risked Finished Lots
Land acquired construction-ready with horizontal infrastructure complete — vertical build begins at close with zero entitlement risk. Costs based on Invest5S actuals.
Supply-Trough Timing Edge
Denton deliveries fall ~60% from 2026 to 2027 while demand holds. Apollo Vista leases up (Feb 2027–Jun 2028) directly into that trough as competing supply disappears.
Aligned Sponsor Partnership
CPI Capital ($178M+ / 813 units) partners with Invest5S (30+ years, 4,000+ homes). GP co-invests and promotes only after LP preferred returns are met.
Speculative BTR Deals
- ✕Raw land with entitlement & horizontal infrastructure risk
- ✕Leasing into a market with rising competing supply
- ✕Single exit path dependent on cap rate compression
- ✕Unvalidated rents & unproven local delivery partner
The CPI Capital Approach
- Finished lots — zero entitlement risk, costs from partner actuals
- Lease-up timed into a ~60% supply decline with deep demand
- Dual exit: 5.5% cap bulk sale or ~$300K/home retail sellout floor
- Validated rents ($1.54/SF) & 30-yr Invest5S local track record
August Biniaz
Co-Founder
Ava Benesocky
Co-Founder
Paul Hopkins
VP Investments
CPI Capital Leadership Team
August Biniaz, Ava Benesocky & Paul Hopkins
Guided By Institutional Track Records
CPI Capital is a vertically-integrated real estate private-equity sponsor with a $178M+ portfolio across 813 units in five markets. On Apollo Vista, CPI partners with Invest5S — a Denton-area developer with 30+ years and 4,000+ homes built — combining institutional capital discipline with proven local BTR execution.
Sponsor & Partnership Highlights:
- $178M+ portfolio across 813 units in five U.S. markets.
- Invest5S partner: 30+ years, 4,000+ homes delivered in Texas.
- Part of CPI's Apollo BTR series (Apollo Oaks, Apollo Meadows, Apollo Vista).
- GP co-invests significant equity and promotes only after LP preferred returns.
Your Blueprint To
506(c) Investing
Uncover the exact framework and asset breakdown for Apollo Vista. This is a transparent institutional deal briefing designed for discerning accredited capital.
Build-to-Hold Strategy: Phased delivery of five ~30-home phases, leased to stabilization, and held ~5 years before a targeted August 2031 sale.
Live Stream & Interactive Q&A
4 Core Modules + Direct Access to CPI Capital Founders
Apollo Vista Deal Overview
128-home BTR duplex community profile, 64 duplex lots (~1,400 SF, 3BR/2.5BA), ~21.8 finished acres in central/east Denton, TX (DFW), and the 50/50 Invest5S partnership.
Capital Stack & Targeted Returns
~$28.6M total capitalization, ~85% LTC Renovo construction debt, $5.31M LP equity raise (Class A 12% pref / Class B 10% pref), 21.5% targeted LP IRR, 2.40x equity multiple.
Market Thesis & Supply Trough
Denton deliveries forecast to fall ~60% from 2026 to 2027. Lease-up (Feb 2027–Jun 2028) into a tightening market, validated $1.54/SF rents, and dual-exit strategy.
Live Q&A & Investor Onboarding
Direct open floor Q&A with August Biniaz, Ava Benesocky & Paul Hopkins. Walkthrough of investor portal onboarding, $50K minimum, and subscription agreement steps.
Secure Your Webinar Access
Registration is free for accredited investors. Reserve your spot now to access the Apollo Vista investment summary & live session.