We address the need for mid-priced workforce homes in the Heartland by addressing one of the core challenges – access to early-stage capital for new residential developments.
With our expertise in farmland investing, land development, and structured asset sales and finance, we help maximize returns and minimize downside exposure for our project investors, local developers, and builders.
Funding the Entitlement Process
Invest in Farmland Costs
Invest in Farmland
We raise early-stage capital to buy targeted farmland near smaller but growing Midwest towns.
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Invest in Entitlement Process Expenses
Partner with Local Developer
We work with a local developer to entitle the land for a “Highland Community” project.
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Sell for a Multiple of Total Investment
Sell the Project in 1-3 Years
Prior to construction beginning, we sell to a national/regional builder that was involved in the process.
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Land
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Income-producing farmland
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Land with nearby utility and city services
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Meeting HCF underwriting criteria
Location
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Locations with a vetted local developer
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Near smaller cities and towns in the Midwest
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A recognized current shortage of mid-priced homes and neighborhoods, with projected job growth in the region over the next 2-4 years
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Local Municipality/Politicians that are supportive of housing growth
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Local community that is signaling support for new homes.
Design
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Planned communities that are smaller, walkable and pedestrian scale, generationally diverse, and environmentally sensitive.
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Smaller lot sizes
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Environmentally focused, including solar where appropriate
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Focus on the use of outdoor space including green space, community space, sidewalks, and home porches
Location Criteria
Project Example / Case Study
Madison Meadows
State: Ohio
Status: Complete
Initial investment date: May 2020
Project completion date: April 2021
Located NW of Columbus Ohio, this project benefits from a strong, diversified small-town local economy while also feeling pressure from Columbus Metro growth.
Mid-priced housing stock in and around the local communities have lagged local employment growth for years.