Investment strategies
Three complementary approaches to creating and preserving affordable housing in the Pacific Northwest.
Affordable Housing Acquisitions
We acquire underperforming or under-managed affordable housing assets, creating value at purchase through operational improvements and targeted capital expenditure.
- Underperforming or under-managed assets
- Value created at purchase
- Light capex, operational upgrades
- Rapid stabilization timeline
Example Projects
Rose City Flats
Portland, OR • 72 units
Workforce housing preservation through disciplined operations and targeted rehabilitation to stabilize performance and protect long-term affordability.
Emmons on 3rd
Seattle, WA • 48 units
Underperforming asset transformed through operational upgrades.
Westernaire
Seattle, WA • 62 units
Value created at purchase through strategic repositioning.
Rehabilitation & Adaptive Reuse
We transform obsolete or vacant buildings into quality affordable housing, delivering units faster than new construction while preserving embodied carbon.
- Obsolete or vacant buildings
- Faster delivery than new construction
- Sustainability and embodied carbon benefits
- Creative problem-solving
Example Projects
Crossroads Garden
Bellevue, WA • 108 units
Adaptive reuse of a vacant healthcare facility into stable workforce housing — delivered with cost control and operational readiness.
Ceiba Apartments
Tacoma, WA • 45 units
Obsolete building converted to modern affordable housing.
Honeysuckle Apartments
Seattle, WA • 38 units
Adaptive reuse with sustainability and embodied carbon benefits.
Ground-Up Development
We develop transit-oriented infill housing in Opportunity Zones and tax-advantaged locations, creating durable assets with long-term affordability.
- Opportunity Zones and tax-advantaged locations
- Transit-oriented infill
- Long-term affordability covenants
- Durable, high-quality assets
Example Projects
Cornus House
Tacoma, WA • 85 units
Transit-oriented development structured with tax-advantaged capital and long-term, resilient financing.
Betula House
Seattle, WA • 95 units
Efficient delivery and lease-up execution designed to produce durable cash flow while maintaining below-market rents.
Acer House
Seattle, WA • 78 units
Transit-oriented infill development in Opportunity Zone.