324-Unit Multifamily Project • The Colony, TX

324-Unit Multifamily Development • The Colony, TX

9% Preferred Return • 20% Target IRR*

Accepting Investments Starting at $100,000

Project Details

Provenza at Windhaven is a 324-unit value-add investment opportunity located on 16.18 acres in fast-growing The Colony, Texas. The property consists of 204 1-bedroom units, 102 2-bedroom units, and 18 3-bedroom units.

Strategically located in the heart of booming North Texas. The community is a well-leased asset of which IMH has identified the potential to significantly increase future revenue through apartment and amenity upgrades.

Because the metro area continues to perform strongly when measured by the economic metrics of growth in employment, consumer spending, population and job creation, IMH believes its projection of profitability is realistic and its downside risk is well mitigated.


Project Type


Investment Strategy


Units (market rate)



Investment Overview

Provenza at Windhaven is a 324-unit value-add investment opportunity located on 16.18 acres in fast-growing The Colony, Texas. IMH is accepting additional investors into Provenza at Windhaven.

Each $100,000 investment will earn a 9% priority return, paid quarterly over the life of the investment and a share of IMH’s profit at the time of sale based on each investment. The investor’s projected multiple on investment capital (MOIC) is 2.3x with a 20.5% IRR.

Target IRR*
Preferred Return (paid quarterly)
Target Multiple on Investment Capital (MOIC)*


Minimum Investment
506(c) Offering
Accredited Investors Only
Square background
*Financial Criteria qualifying an accredited investor defined by the SEC:
  1. Net worth over $1 million, excluding primary residence (individually or with spouse or partner)
  2. Income over $200,000 (individually) or $300,000 (with spouse or partner) in each of the prior two years, and reasonably expects the same for the current year
Expected Hold Period
5 Years

Executive Summary

Schedule a call with our investment team to go over details of the Provenza at Windhaven project, and to view investment documents including the Executive Summary.

investment opportunities


Development | Multifamily

Salt Lake City MSA, UT
4800 Lofts
Target IRR: 19%*
Preferred Return: 9%
4800 Lofts is a 371-unit, multifamily project being developed by IMH Companies. The project…


Development | Multifamily

Salt Lake City MSA, UT
Lakeshore Landing
Target IRR: 19%*
Preferred Return: 9%
Lakeshore Landing is a fully entitled 320-unit, multifamily project being developed by IMH Companies. The project…


Value-Add | Multifamily

Dallas MSA, TX
Twin Creeks Crossing
Target IRR: 20%*
Preferred Return: 9%
Twin Creeks Crossing is a 678-unit value-add investment opportunity located on 28.15 acres in fast-growing…


Development | SFD
Boise MSA, ID
Cimarron Ridge
Target IRR: 19%*
Preferred Return: 9%
Cimarron Ridge is a 240-lot residential subdivision on 239 acres on the south side of Lake Lowell, a major recreation…
1 Past performance is not a reliable indicator of future outcomes. Any returns or projections based on historical data may differ from actual future performance. All securities involve risk and may result in significant losses. 2 Represents the average net realized internal rate of return (IRR) for all matured investments. It takes into account the effective dates and amounts of the investments, as well as any net management fees and expenses charged to the investments. However, it’s important to note that past performance does not necessarily guarantee future results. All investments involve risk, and there is a possibility of significant losses, including the loss of your original investment. Relying on past performance to make investment decisions is not recommended as it may not accurately predict future results. Investing in securities always carries a level of risk and may lead to substantial losses, including the loss of your initial investment. Include any exclusions, deductions, and other expenses charged to investments. 3 “Target Returns” represents a projected annual target rate of interest or annualized target return, and not returns or interest earned by investors in the fund. “Term” represents the estimated length of the investment; the term of the fund is generally at the discretion of the fund’s manager and may exceed the estimated term by a significant amount of time. Unless otherwise specified on the fund’s offering page, target interest or returns are calculated by IMH by analyzing the potential inflows and outflows related to the transactions that the strategy or fund has engaged in or is expected to engage in during the fund’s estimated term. There is no guarantee that targeted interest or returns will be realized or achieved or that an investment will be successful. Actual performance may materially deviate from these expectations due to market or economic factors, portfolio management decisions, and modelling errors, amongst other reasons. 4 The purpose of this website is solely to provide information. Any information provided should not be considered investment advice, and we do not recommend, endorse, or solicit the purchase of any securities offered by IMH. IMH is not a fiduciary by virtue of any person’s use of or access to this website. The information on this website is intended for general purposes only and may not be applicable to your specific situation. It is important that you carefully consider the potential benefits and risks before making any decisions based on the information presented here. Ultimately, it is your responsibility to assess the merits and risks of the information provided on this website.

Start Investing with IMH Companies

Thank you for your interest in investing with IMH Companies. Please enter your information below and a member of our Investor Success Team will reach out to you with investment information.

*By providing my phone number to IMH Companies, I agree and acknowledge that IMH Companies may send text messages to my wireless phone number. Message and data rates may apply. Message frequency will vary, and I will be able to opt-out by replying “STOP”. For more information on how your data will be handled please visit our Privacy Policy.