Solo 401K, SD-IRA, QRP

506C Investment for Accredited Investors Only

7% Cash Flow from Day 1

 Quarterly distributions begin the moment you fund. As a preferred equity investor, your 7% annualized current return starts accruing immediately — not when the property stabilizes.

A One-of-a-Kind Living Experience

Casata is redefining rental living with private cottage homes — no shared walls, 11-foot ceilings, smart home technology, and a resort-style community built around connection, wellness, and the Texas outdoor lifestyle.

Explosive Job Growth on the I-35 Corridor

San Marcos sits at the center of the Texas Innovation Corridor, where job growth has hit +51.3% over the past decade — more than 3× the Texas state average. Amazon, Tesla, and Apple have all made permanent, large-scale investments within 30 miles.

Most Affordable City in Austin's Metro

San Marcos rents average $1,030/month — 30% less than Austin city at $1,480. That affordability gap makes San Marcos a structural magnet for renters priced out of the city, and it isn’t going away.

INVESTOR PRESENTATION

Exclusive Investor Access

Casata San Marcos
Pref Equity Opportunity
Investor Kit

The Deck / Investment Summary
A high-level overview of the investment opportunity.
The Investor Docs Kit
All documents needed to review and invest with confidence.
The FAQ Document
Common questions answered clearly and transparently.
The Investor Presentation
A complete visual walkthrough of the deal and the team.
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Projected Returns

Casata San Marcos — Preferred Equity

14%
Total Annualized
Preferred Return
7%
Annualized Current Pay
Paid Quarterly
7%
Annualized Accrued
Paid on Exit
~2
Investment Timeframe
Years
$
$100K
Minimum Investment

Projected Return on a $100,000 Investment YOU INVEST $100K Min. investment CASH FLOW $14,000 7%/yr · paid quarterly BACK END $14,000 7%/yr · paid at exit TOTAL RETURNED $128,000 Principal + all returns over two years + + =

Projected return on $100,000 investment over two years.

The Casata Experience

Casata San Marcos is the “unapartment” — a cottage-style rental community for modern renters who want more than a traditional apartment. Designed for Millennial and Gen Z residents, Casata offers the privacy of a standalone home with the amenities, convenience, and community feel of multifamily living.

“Neal and his team are awesome! I’ve invested in 4 projects with him and after 2 years we’ve already sold one. He’s outperformed other syndicates that I’ve invested with for much longer. I love getting his monthly updates. It’s rare to have a syndicator update us so regularly.

Grocapitus is a breath of fresh air. They do things differently and way better than their competitors. Thank you Neal for being an amazing leader to your team! I couldn’t be happier with the results so far. Looking forward to investing more in the future.”

SARAH L., Grocapitus Investor

Inspirational image. Subject to change.

Top Reasons to Learn More About Casata San Marcos

Our Metro, Austin, is Experiencing Hyper-Growth

The Answer to Austin's Expensive Real Estate Problem!

San Marcos is the Most Affordable City in the Austin MSA

Real Estate is Considered to be a Hedge Against Inflation

Provides a Highly Desirable Lifestyle Experience for Renters

Eco-Friendly Housing

Texas Named America's Best State For Business Yet Again!

Senior to $13.1M in LP Equity — Your Investment Has a Built-In Cushion

No Construction Risk — 210 Homes Built, TCO Received March 2026

Ideal for IRAs and Retirement Accounts — K-1 with No Depreciation Required

8 Existing Investors Already Participating at These Exact Terms

So… What is Pref Equity?

Senior to LP equity in the stack:you get paid before LP investors see anything

Fixed return, paid quarterly: you know exactly what you're earning

Principal comes back at a defined exit event, not whenever the market cooperates

Community Connection and Desirable Amenities

Residents of Casata San Marcos are not just tenants, they become members of a community living in a warm, vibrant environment with mature trees, local art, and cutting edge amenities. Tenants can connect  through curated arts, food, sports, lifestyle, and volunteering opportunities.

The unique community is centered around amenities that provide experiences, such as a dedicated food truck area for hosting local favorites, outdoor amphitheater for live music events, fitness classes, an outdoor dog run, and resort-style swimming pool.

Day-to-day living is as seamless as possible. Food and package deliveries are a breeze with the automated delivery center. Cleaning and laundry services are offered for carefree living. 

The U.S. Housing Shortage Intensifies

Supply wave is behind us: new deliveries dropping to ~660 units in 2026 and ~560 in 2027, down from 2,319 in 2024

San Marcos is the most affordable city in the Austin metro at $1,030/month vs. $1,480 in Austin city — a durable demand driver

CoStar forecasts rent reacceleration in 2026–2027 as supply normalizes

90.7% of housing units in the immediate neighborhood are renter-occupied

Smart Living

Smart home technology enhances tenant experience.

Techy

All units are fitted with tech-enabled thermostats and locks.

Safe

All units have a Ring video doorbell that can be controlled remotely

Custom App

The development has a proprietary app where residents can pay rent, reserve common spaces, participate, and engage.

Eco-Conscious Living

Every aspect of the Casata experience is considerate of having as low of a carbon footprint and environmental impact as possible.

Materials are selected for improved sustainability, whilst offsite construction allows for significantly less construction waste. Smaller footprints and new construction mean that each unit has a lower energy demand. 

Casata San Marcos has low carbon footprint, low water waste units, as well as electric vehicle charging stations, electric scooters & bikes for local exploration, and open greenspace for community events and fresh air.

Residents of Casata will be immersed in a community centralized on a culture of sustainability.

Casata San Marcos is designed for Gen Z and Millennial renters who want more than a traditional apartment. This cottage-style community offers the privacy of a standalone home with the amenities, convenience, and social connection of modern multifamily living — creating a lifestyle that feels flexible, independent, and community-driven.

Millennials and Gen Z Are Driving Growth

After a slight dip in the rental market, it has experienced a complete 180 driven by young adults forming new households.

Millennials and Gen Z represent the largest, most educated, and tech-savvy population group, and they are now dominating the rental market.

 They are ready to start families. 

These generations were raised amongst advanced technology, and their rental demand requirements reflect it.

The top five amenities that Millennials and Gen Z seek are:

42.6% of neighborhood residents are 18–29 years old

65.8% are single

22.4% are enrolled in college (Texas State University proximity)

NeighborhoodScout rates the neighborhood “Excellent for Young Single Professionals” (90th percentile nationally)

Household income in the neighborhood grew +16.6% per year over the last 5 years

“I have invested in a couple of opportunities with Grocapitus. One of them is a multifamily property, which has been performing superbly, and way better than the initial predictions. The second one is a new construction project, which is on-time, even during the COVID-19 pandemic. And the marketing material that the team has put together to lease these new units is top-notch. Awesome job by Neal and his team in managing the properties and consistent communication with their investors.

As a Limited Partner to invest in a syndication, for me, trust is a big factor. With Neal’s vast experience in multifamily construction, data-driven approach, and creative ways in solving problems as well as straightforwardness helped in creating the trust.”

AVINASH P., Grocapitus Investor

Inspirational image. Subject to change.

Welcome to Casata San Marcos

Casata is an industry disruptor developing eco-conscious micro home communities, providing a solution to Austin’s expensive housing market and lack of affordable rental units.

Each independent micro home is modern, stylish, and eco-friendly with spacious & highly functional layouts. They are expertly designed to match today’s tenant demands whilst capitalizing on technology and off-site construction to be environmentally sympathetic and constructed in record-breaking time.

210 units

Brand new tech-enabled, eco-friendly modular cottage home

Construction completed 2026.

$100,000 Minimum Investment

“I’ve invested in 6 of Neal’s projects. As I write this, we just had the first successful exit: the Windward Forest Multifamily project, where we earned >20% IRR.

Neal is extremely agile. Until COVID hit us, his projects were mostly multifamily deals (each with some value-add strategy that should increase the NOI). Since then, he realized that there may be higher risk in such deals due to tenants’ unemployment, inability to pay rent, and eviction restrictions. I trust Neal’s numbers, so I have invested in his recent construction projects, too. Keep them coming, Neal!”

IVAN Z., Grocapitus Investor

Case Study: Casata Austin

Casata San Marcos is developed and offered based on a proven, operating model. Casata Austin — the flagship 66-unit eco-living micro home community — has been fully leased and operating successfully, serving as a definitive proof of concept for the Casata model. Building on this success, Casata has since grown to 4 communities and 626 total cottage homes across Texas.

Casata San Marcos will level up unit designs with more unique floor plans and amenities for an even better tenant experience.

“I had met Neal at a real estate investor meetup a few years back. Neal was very positive about investing in multifamily. He does a lot of research using data analytics on markets, identifying growth areas, finding good neighborhoods and shares the data and his findings with interested people and clients. His presentations are filled with a lot of info about the market, the property, the financials the expected returns, and his team patiently answers questions.

One of our investments with Neal had an exit with better than projected returns (during uncertain times with the pandemic)!!!

VENGAL D., Grocapitus Investor

A Community of Natural Beauty

Surrounds

The land surrounding the community is full of natural beauty, including densely wooded areas, rolling hills, creeks, and rivers.

Designed to Accentuate

Unlike most developments, Casata’s unique modular building style allows for the flexibility to protect and accentuate natural elements. The development plan was created to preserve heritage trees whilst maximizing site usage.

Constructed Offsite

Centralized offsite construction protects the development site from unnecessary damage.

Neighboring Nature Parks

Surrounding parks include Blanco Shoals Natural Area, Spring Lake Natural Area, and Purgatory Creek Natural Area.

“I invested in Grocapitus’ project because I liked their data driven approach to analysis and conservative underwriting. So far results have been delightful as the project has outperformed the projections and continues to perform well even during the coronavirus crisis. I also appreciate the fact that Grocapitus is easily available and they make it a point to communicate personally to address any questions I might have.”

ANSHU S., Grocapitus Investor

We Can’t Get Enough of Austin, Texas

A booming market in Central Texas, Austin has seen a mind-boggling influx in population and business investment. As a result, it’s become one of the fastest-growing cities in the United States, with no signs of slowing down.

Texas’s pro-business environment with low taxes, competitive incentives, and a highly skilled workforce accelerates the growth across the San Antonio-Austin corridor. As more major employers choose the region for its headquarters, more and more people are flocking to the ‘golden land’ that is Austin.

The one-of-a-kind business and economic climate is generating a truly impressive list of accolades and stats, including:

Austin ranked #3 Best Big Cities to Live In (US News & World Report, 2026)

Austin ranked #1 Best City for Startups (CommercialCafe, 2026)

Austin ranked #1 Best City to Start a Business (UT McCombs, 2025)

San Marcos ranked #8 Fastest Growing City in the US (US News, 2025–2026)

Hays County is the #3 Fastest Growing County in the US (Census Bureau, 2025)

San Marcos grew 5.7% in population from 2024–2025 — 11× the national rate

Projected to reach 107,000 residents by 2035

The Massive Central Texas Employment Boom

The Central Texas region is experiencing historic growth propelled by relocations and expansions of large companies such as Tesla, Apple, Google, Facebook, Samsung, 3M, Amazon, and Dell.

With Elon Musk and other tech powerhouses flocking to Texas, Austin is quickly becoming the next Silicon Valley. Big, well-known companies such as Apple, Google, Amazon, Tesla, FedEx, Oracle, Whole Foods Market, BAE Systems, and many others have announced company relocations and expansions in Austin.

Gigafactory Texas is now 10M sq ft; Tesla filed for a 5M sq ft expansion (2025); manufacturing Model Y, Cybertruck, and Cybercab

Amazon: Two major distribution facilities in San Marcos itself — including SAT-6, the corridor’s first 1M+ sq ft distribution center; 5,000+ employees across the region

Apple: Second campus in North Austin on 133 acres; 13,000+ employees; adding 1M+ sq ft new space

Corridor job growth hit +51.3% over the past decade — more than 3× the Texas average

“Just take a compass, put the point anywhere in Austin and draw a 50-mile circle. From Fredericksburg to Boerne to north of San Antonio…you name it. It is just a super tight housing market. I haven’t seen anything like this here, and I’ve been doing this since 2000.”

Joel Richardson, Branch manager Prime Lending, Austin

The Austin-San Antonio Growth Corridor

The Austin-San Antonio Corridor is one of the fastest-growing regions in the United States and is on track to become a single mega-metro of epic proportions! Currently home to 4.5 million people, it is expected to grow to 6-7M by 2030, a 55%+ increase.

This growth has put two of Texas’ biggest cities on a mind-boggling population collision course, with Austin on one end of the colossal expansion corridor and San Antonio on the other end.

The growth on the corridor between San Antonio and Austin is ‘kind of mind blowing

This mega-region is fueling the sizzling growth of smaller markets located along the corridor, as you will see in the next section as we take a closer look at the city of San Marcos.

“I have several investments with Neal Bawa through Grocapitus. I trust that his underwriting is conservative and accurate. He is very knowledgeable about market conditions and is happy to share his research. During the course of the investments Neal and Anna are both very responsive and prompt in answering questions.

Their reporting is consistent, timely, and provides an honest portrayal of how the property is doing. The returns I have received on my investments have been very close to proforma projections, even in these very difficult pandemic times. I would definitely invest with Grocapitus again in the future.”

FARZANA P., Grocapitus Investor

Introducing the Management Team

Neal Bawa Headshot

NEAL BAWA

Grocapitus, CEO & Founder

AARON LEVY

Casata, CEO & Co-Founder

Noah Pollack

Casata, CAO & Co-Founder

Neal Bawa Headshot

Peter Majeski

 Grocapitus, Director of Investor Relations

Neal Bawa Headshot

Jen DeVore

Grocapitus,VP of Marketing & Operations

Kimberli Khepri

Grocapitus, Director, Asset Management

Tiffany Cambio

Grocapitus, Controller

How Grocapitus Selects Real Estate Markets

Rent Growth

The 5 year rent growth forecast is one of our key indicators. We use a powerful proprietary method to calculate this value.

Sales Trends

We continuously monitor local sales to compute cap rates and determine whether our cap rates are on target to reach our projections.
g

Employment

We look for metros and submarkets that are adding a significant number of high-paying jobs, resulting in a stable local economy.

Supply And Demand

We monitor the supply of local units carefully to ensure it will not spike the vacancy rates and negatively impact rents.

Grocapitus Syndication Benefits

Syndication Leverage

Leverage our vast experience, financial sponsorship strength, and capital aggregation to invest in otherwise unobtainable, high-value apartments with high returns.

Ideal for IRA and 401k investing

Preferred equity receives K-1 treatment with no depreciation — making it ideal for IRA and 401k investments

Principal Reduction

Through the life cycle of the syndication, rental income from the property pays down debt service. Upon a refinancing event, preferred equity principal is returned in full to investors.

Recession Resistant

Regardless of the economy, people still need a place to live. Rental properties have done historically well in past recessions.

Projected Returns

Casata San Marcos — Preferred Equity

14%
Total Annualized
Preferred Return
7%
Annualized Current Pay
Paid Quarterly
7%
Annualized Accrued
Paid on Exit
~2
Investment Timeframe
Years
$
$100K
Minimum Investment

Projected Return on a $100,000 Investment YOU INVEST $100K Min. investment CASH FLOW $14,000 7%/yr · paid quarterly BACK END $14,000 7%/yr · paid at exit TOTAL RETURNED $128,000 Principal + all returns over two years + + =

Projected return on $100,000 investment over two years.

This material does not constitute an offer or a solicitation to purchase securities. An offer can only be made by the Private Placement Memorandum (PPM). The PPM and its exhibits contain complete information about the Property and the investment opportunity. The information contained herein is not a substitute for an investor’s complete review of all of the information attached to the PPM as part of their own due diligence regarding this investment opportunity and its suitability for their investment portfolio.

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The information contained in this excel model / projection and in the described materials (“the information”) is presented for illustrative and educational purposes only. It is not presented nor should it be treated as real estate advice, legal advice, investment advice, or tax advice. We advise all parties to do their own research and obtain independent financial, legal and professional advice before making any investment and business decisions. Your personal individual financial circumstances must be taken into account before you make any investment decision. Grocapitus, its directors, office holders, presenter(s), its authorized distributors, promoters and licensees, their employees and speakers do not guarantee your past, present or future investment results whether based on this information or otherwise. The information supplied is always subject to alteration without notice. Grocapitus, Urbanist, its authorized distributors, promoters, licensees, associates and employees may hold shares and/or obtain fees and/or other benefits from the companies presented and promoted in the described materials. To the extent permitted by law, Grocapitus gives no warranty and make no representation as to the accuracy of excel model / projection and accept no liability for any loss which may be suffered by any person who relies either wholly or in part upon the information presented. All parties must only rely upon the contents of any legal agreements, formal disclosure statements and their own research and enquiries in relation to any property to be acquired and/or contracts entered into.