Why the quotation marks? Because we focus on controlling property rather than owning it. We utilize purchase-and-sale agreements to bring properties into our funds in strategic markets.
Next, we secure the jurisdictional approvals necessary to transform those properties into housing opportunities. This requires deep local expertise, which is why we have offices in nine regions nationwide.
After that, we design site plans for the projects. Together, the Entitle/Design phase takes 24 to 36 months, on average.
Finally, we sell completed plans and shovel-ready parcels to the nation’s top homebuilding companies, seeking to position ourselves as a long-term supply chain partner in their operations. And then we repeat the process.