Drapac Capital Partners

We’re excited to announce that Elevation, our future master planned community located in Gwinnett County (Atlanta), is officially on the market. At 510 acres and 1,008 single-family lots, Elevation is the largest contiguous assemblage of land in Gwinnett County entitled for residential development and offers unprecedented scale and pipeline in a high-growth submarket starving for inventory. Permitting efforts are advanced, and the project will be sold with approved Land Disturbance Permits (LDPs) to allow for the immediate commencement of horizontal development. View the Offering Memorandum and learn more about Metro Atlanta’s preeminent master planned development opportunity here: https://lnkd.in/eYTMXUS7

Drive impactful residential development projects from start to finish as Vice President of Development at St. Bourke! To express interest, please email [email protected].

Terrific night… Thank you to all of our partners who attended.

Another successful BBQ & Poker Night in the books! Thank you to everyone who was able to join us this year despite the hurricane-induced rescheduling. Apparently being adaptable is just as important in party planning as it is in real estate investing… We host this party every year as our way of thanking the consultants, vendors, homebuilding partners, investors, friends, and family who support us throughout the year. Your guidance, support, and dedication make our success possible, and we’re incredibly grateful for your contributions to our business. Lastly, congratulations to the winner of our Texas Hold ‘Em tournament: Dessi Gonzales with Southeast Civil Group! Southeast Civil Group is leading the land planning efforts for several of our upcoming single-family projects in Douglasville.

Come join a great team! We are hiring a Vice President - Development to lead land development processes, from initial due diligence to obtaining entitlements and approvals. This role requires technical expertise, project management skills, and the ability to collaborate with internal and external stakeholders, driving effective strategies for successful land development projects that align with Drapac's objectives. To express interest, please reach out to Samantha Adams for a complete job description at [email protected].

We’re proud to announce our partnership with premier active adult homebuilder Del Webb (NYSE: PHM) in the north phase of our master planned community Ocean Isle Palms. Del Webb is the gold standard for active adult communities in the U.S., and “Del Webb at Ocean Isle” will include approximately 750 homes and state-of-the-art, age-targeted amenities at build-out. Del Webb is a critical anchor of the Ocean Isle Palms master plan, and their component will be perfectly positioned to capitalize on Brunswick County’s exploding retiree population. There are notable synergies between Del Webb and our Phase 1 builder partner (Toll Brothers), and we’re excited to advance discussions with other potential homebuilding partners on Ocean Isle Palms’ future phases to keep building on the momentum we’ve established in recent months. Please visit our updated website (www.oipnc.com) for more information. https://lnkd.in/ewQPdqdR

Excited to see the progress of our master planned community NorthShore, located along the St. Mary’s River in Camden County, Coastal Georgia. This 629-home community at build out includes a market-leading, resort-style amenity package including a 3,400 sqft clubhouse, boat launch, floating dock, observation deck, playground, and passive recreational/sports fields. ? NorthShore is a classic Drapac investment play: we identified a prime asset in an undervalued growth market, acquired it for a fraction of the infrastructure value, and added significant value during the hold period by undertaking thoughtful and strategic initiatives to restore and improve the community. ? A critical piece of our investment strategy has been to bring in multiple homebuilding partners including 1) Century Communities (NYSE: CCS), 2) Maronda Homes, and 3) Smith Family Homes. This approach has resulted in tremendous success for both the builders and overall community; builders are seeing strong absorption and price growth, and the community is appealing to a wider audience with a range of products and price points. ? Camden County is experiencing significant growth due to shifting demographic factors (+8% population and +26% household income growth over the last 5 years) and the expansion of regional economic drivers, which has translated directly to increased demand and home sale prices (+64% over the last 5 years). https://lnkd.in/dKTubEn9

We are proud to officially launch the re-envisioned Ocean Isle Palms, our 967-acre master planned community located south of Wilmington in Brunswick County, NC. Construction of the community’s main entrance is underway, and we’ve selected leading national homebuilder Toll Brothers (NYSE: TOL) as our partner in the first residential phase (first homes expected in Spring 2025). At completion, the project – once a victim of the Great Recession that we acquired out of bank foreclosure – will include approximately 1,100 homes + a mix of multifamily and BTR, hospitality, commercial, and retail. We placed a large bet on Brunswick County’s potential by acquiring over 3,900 acres of land in this market after the downturn, and its recovery has surpassed all expectations (+37% population, +57% median income, and +68% median home price growth over the last 10 years). ? Ocean Isle Palms’ scale and product mix make it perfectly positioned to capitalize on this explosive growth and the region’s emergence as a top retirement destination. We believe that truly great communities are not the result of chance; they are the outcome of deliberate strategy and thoughtful planning. Ocean Isle Palms is the epitome of this investment and development approach and will reset the standard for master planned communities in this region. https://lnkd.in/ecpp9GTr

The Coves at Lake Wylie is a "shovel ready" project and truly special given it's scale and irreplaceable zoning in Charlotte, an explosive growth city. We are proud of the product that has been designed and thank our consultants and partners. https://lnkd.in/e34nieVn

The Coves at Lake Wylie is a "shovel ready" project and truly special given it's scale and irreplaceable zoning in Charlotte, an explosive growth city. We are proud of the product that has been designed and thank our consultants and partners. https://lnkd.in/e34nieVn