Real estate brokerage firm seeking working capital for larger funding term sheets for my to build 50+ac development (3 multifamily highrises, 1 hotel high rise, entertainment venues) via a world-class team ClayCo, LJC, ARUP, WSP, Klai Juba Wald Architects, Terracon, Kimley Horn, etc.
Stephen M. Carpenter is the third generation of real estate developers for his family real estate company Carpenter & Associates, Inc. (“C&A”) which was founded by his grandfather in 1970 in Austin, Texas. Stephen started working with the company in 1999, he served as President since 2012 and he became the Texas Real Estate Commission (“TREC”) broker of record since February of 2024. It was advised due to some potential international funding sources not to raise capital in C&A nor the Projects entities, affiliates or subsidiaries. Instead use an unaffiliated special purpose entity (“SPE”) single member LLC for taxation purposes that will also de-risk the projects, companies, affiliates, subsidiaries, employees, board members, executive management team, corporate licenses, public districts, etc. until funding clears AML & OFAC checks and is deposited.
As advised and in anticipation of funding, Stephen has reappointed his father as TREC broker of record for C&A, stepped down as President of C&A, is the sole managing member of Falkor Holdings LLC and the TREC Licensed Broker of record with the Broker License #: 9014814 and Personal License #: 581285.
C&A has a vast experience in large-scale, master-planned, mega-project developments in Texas, played a big role in developing the City of Austin which is the Capitol of Texas, privately developed the City of Manor’s Utilities & largest master-planned community with notable projects in Austin’s five county Metropolitan Statistical Area (“MSA”) in the United States of America. Stephen in his role with C&A spent the last 20 years co-developing a repeatable business model for cities, airports, spaceports, datacenters, communications, intelligent infrastructures as a service that are all fully self-sustainable, net-positive and will change how the future of all real estate developments are done.
C&A is the full service real estate company, escrowed contractual broker the developer of the 1,053 acres that comprise Emerald Island ("Project 1"), the 2,800 owned acres that comprise the planned 5,426 acre Phase I of GREENPORT® International Airport, Spaceport & Technology Center (Central Texas Airport Holdings, Inc.) ("Project 2"), and several identified and future to-be-chosen global repeatable-model project locations ("Project 3")(collectively called the "Projects"). Stephen is the contractual agent of the broker for all 4,000 acres, he was the co-listing broker of Emerald Island, he developed phased land acquisition plans for up to 15,000 acres and he wrote contracts for 7,500 acres.
Falkor Holdings LLC, directly or through affiliates or new companies, intends to acquire real estate, entitle, hold, sell, lease, build-to-suit, develop, own, operate, manage, infrastructures and assets related to the Projects (as defined below) which are two development locations, several identified and future to-be-picked repeatable-model development locations:
1| GREENPORT® International Airport, Spaceport & Technology Center in Bastrop County, Texas is a shovel-ready, investment-ready, privately-owned, constructed, operated, repeatable-model, private general-aviation reliever airport & spaceport surrounded by an international technology, datacenter and business campus. The example GREENPORT® phase I master plan and proposed footprint is shown on Exhibits A & B.
2| EMERALD ISLAND in Travis County, Texas is a shovel-ready, investment-ready, privately-owned, constructed, operated, repeatable-model, private global destination entertainment city anchored with hospitality, wellness, multifamily, entertainment, vertiports and waterways. The example EMERALD ISLAND phase I master plan and proposed footprint is shown on Exhibits A & C.
3| Repeatable-model development projects at several identified locations and to-be-picked locations in the future that will require land acquisitions, private intelligent advanced microgrid utility infrastructures, vertical assets, which includes but is not limited to, a private international airport & spaceport, technology center, hotels, entertainment attractions, multifamily, single family homes, retail, office, commercial, industrial, manufacturing, data centers, research and development, government, military, corporate headquarters, private energy generation & storage, thermal solar, biomass, waste-to-energy, sustainable aviation fuels, geothermal, rainwater collection & bottling, wind, water reuse technology, space industries, onsite soil-to-table self-sustainable agriculture, schools, hospitals, civic services, decentralized network of utility towers for advanced air mobility, blockchain cryptocurrency economy and fully autonomous operations, private or public municipal districts, tax reimbursement agreements, city, county and/or state incentives.
Falkor Holdings LLC currently has:
1| Currently creating a fund that will fund $4,000,000,000 over 2 years that requires $0 to create (UAE)
- This fund will be finished being created in less than 60 days and all new investors will be onboarded to our fund. - Funds will be unencumbered and precleared for AML & OFAC
- Funds will be used for the defined development uses above
- The Fund will be codirected by myself and Co-GP
- All legal contracts, fees, terms, rates, minimum investment, returns, etc. will be provided by the fund at onboarding
Falkor Holdings LLC is currently expecting receivable commissions/note repayment of:
Receivables:
1| New Braunfels Escrowed Contract, $7,500,000 purchase price, 4% commission or $300,000
2| Stephen M. Carpenter Personal Notes, $87,780 + $46,286, Accruing 18% Interest, $134,066
3| Emerald Island & GREENPORT® Land Owned & Notes Paid Once Repurchased/Refinanced:
- C&A 2019 Broker Commission Loan/Note, $3,207,174 loan/note, I'll make 33-50% or $1,058,367- $1,603,587
- JRC-Meck-CTA Falcon 2nd Lien For Unpaid Commission, $689,938, I'll make 33-50% or $227,679- $344,969
- JRC-Berdoll 2nd Lien For Unpaid Commission, $447,572, I'll make 33-50% or $147,689-$223,786
4| Escrowed Contracts Emerald Island 1,053 acres, $150,000,000 purchase price, 3% to CBRE, 3% to Stephen or $4,500,000, 6% to C&A of which I'll get 33-50% or $2,970,000-$4,500,000
5| Escrowed GREENPORT New Acquisitions - See Green 10-13, Totals $34,754,400, 3% commission of which I'll get 1/7th or $148,947
TOTAL RECEIVABLES:
Stephen M. Carpenter $434,066
C&A Commissions $1,433,735-$2,172,342
Escrowed Acquisition Contract Commissions $3,118,947-$4,934,066 TOTAL $4,986,748 up to $7,540,474
The owned land has appraisals that show you the properties are valued at:
Emerald Island 1,053 acres appraised at $254,500,000 GREENPORT 2,074 acres appraised at $391,300,000
Austin Business Journal Article – Emerald Island & GREENPORT® International Airport, Spaceport & Technology Center
https://www.dropbox.com/scl/fi/f9690av2gwf94unj8fv8d/Emerald-Island-Austin-Futuristic-City-GREENPORT-Airport- Planned-Austin-Business-Journal.pdf?rlkey=20u5n5bqk3fwgwullc01bk1si&st=oducuwp4
Falkor Holdings LLC
Stephen M. Carpenter, its Managing Member & Broker