xhv8mzw7ge79waga35o97s2wbzpfr6 Hurricane Harvey Affect FIG?

295 W Center St, Suite A

Provo, UT 84601

(801) 758-8970

(Brokered by RE/MAX Equity & partners)


FIG DISCLAIMER: No investments are guaranteed to result in profits. Net operating income, cap rates, and internal rates of return are subject to fluctuation and may experience a wide range of change, including the potential for operating losses. Factors affecting investment returns include, without limitation, changes in interest rates, tenant vacancies and defaults, property management expenses, repair and maintenance costs, HOA expenses, litigation, insurance rates, and relative strength and weakness in the local and regional economy. Past performance is not a guarantee of future returns. FIG does not provide tax or legal advice, and none of the statements or information on our website or sales materials should be construed as tax or legal advice. All investors are encouraged to seek advice from their own tax and legal professionals. All estimated returns on investments in FIG projects are subject to change and may be significantly different from actual financial performance. FIG is a brand used for the purposes of marketing. FIG is not an actual company but is used to brand the investment strategy used by those marketed on this website. © 2020 FIG & RE/MAX Equity

Did Hurricane Harvey Affect FIG?

Hurricane Harvey swept across the Houston and coastal areas of Texas and brought with it high winds, and an unprecedented 50" of rain. Many have been affected and our hearts and hands go out to help those in need. The investors who work directly with FIG have had concerns on the impact of the storm on our developments. Our Mills Road Development is nearing completion and the on site retention and drainage system held up exactly as expected...buildings are dry and site clearing out.

Mills Road Photo Gallery

Our new project The Village at Parkway Lakes on Gosling Road also held up incredibly well. This site is the area bound by FM 2920, Gosling Road and Kuykendahl Road. Jon Metcalf drove around the site on Tuesday and there wasn't any flooding. The two drainage easements were already empty and there was very little water in the roadside drainage areas. Many businesses along FM 2920 and Kuykendahl Road were open. There is a large HEB development currently under construction across the street on Gosling Road. Their site drainage looked very good.

  • Phase 2 - Construction estimated to start in April, 2018. #10 (triplex), #15a (duplex), #15b (duplex), and number 16 (fourplex) are available.

  • Phase 3 - Construction estimated to start in June, 2018. #17-19 (fourplexes), #24 (fourplex), and #26 (fourplex) are available.

We look forward to working with you and other investors in helping to meet the housing needs in the greater Houston area.

The Village Project pictures