Attainable, sustainable housing rooted in community, wellness, and stewardship.
Healthier living, Higher NOI.
Sheraton Crescent Phoenix
Acquire blighted, 10 acre, Opportunity Zone hotel in north Phoenix & convert to 80% AMI housing adjacent to new light rail and Hines' Metro Center Mall re-development. This site has extensive amenities including 4 pools/hot tub, waterslide, tennis courts, squash courts, gym, conference facilities and structured parking for 500+ cars.
Number of units
250
Acres
Square feet
~300,000
ESG
Targeting below 80% AMI, zero carbon
Spread to Cap Rate:
200+ bps
Campfire Ranch - Red Mtn Pass
Generational opportunity to acquire fee simple interest in a backcountry cabin in the San Juan Mountains surrounded by national forest land. This is an irreplaceable location and asset with a long term lease to a proven operator. Bought from the family that built it, we plan to own this property indefinitely, returning capital to our investors, and preserving the amazing community asset that it is.
Number of units
Acres
19
Square feet
2,900
ESG
Off-grid solar/battery systems, local food program
Spread to Cap Rate:
Welton Street Denver
Closed in March of 2022, the site offers direct access to light rail and bus transit in the heart of Five Points/River North (RINO). Designed using Cross Laminated Timber (CLT), we were able to provide generous amenity space, ~10 ft floor to ceiling in units, balconies for 65% of units, and 2 rooftop decks. This project also boasts a ultra low embodied carbon target as well as Fitwel Certification by the Center for Active Design.
Number of units
124
Acres
Square feet
100,000
ESG
Targeting 80-100% AMI, CLT construction, Fitwel Certification
Spread to Cap Rate:
100+ bps
Hometown Suites Lakewood
Three story brick building originally built for residential use but then converted to a hotel. Our plan includes converting back to residential serving 60-80% AMIs, upgrading rooms, common areas, and exterior with the goal of providing high quality moderate-income housing in this employment center.
Number of units
147
Acres
Square feet
80,000
ESG
Targeting below 80% AMI, zero carbon
Spread to Cap Rate:
250+ bps
Pearl Street Boulder
The property is an existing commercial asset in a supply constrained Central Boulder location on Pearl Street “Main” between the new Google campus, the pedestrian mall (major retail corridor) and the University of Colorado campus.
Number of units
45
Acres
.5
Square feet
15000
ESG
Targeting Zero Carbon & Fitwel Certifications
Spread to Cap Rate:
100
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