Residential Land Venture
- Strategic investment in residential land which is being purchased, entitled and developed into lots
- Current portfolio consists of approximately 1000 lots, 450 of which have been sold
- Institutional backing by large state pension plan provides capital war chest to acquire under-valued sites
- Focused on infill locations within suburban communities proximate to major transportation corridors
Investment Themes:
Chronic undersupply of housing in the region - shortage of infill lots