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Why the quotation marks? Because we focus on controlling property rather than owning it. We utilize purchase-and-sale agreements (PSAs) to bring properties into our funds.
Next we secure jurisdictional approvals necessary for our projects. This requires deep local expertise, which is why we have offices in nine regions nationwide.
After that, we design a site plan for the property — often right down to the sprinkler heads. Together, the Entitle/Design phase can take 24 to 36 months on average.
Finally, we sell completed plans to the nation’s top home building companies, seeking to position ourselves as a long-term supply chain partner. And then we repeat the process.
