Based in Los Angeles  ·  Sourcing Nationally

Lucrative, equitable
solutions to the
housing crisis.

We build missing middle, acquire workforce housing, and convert vacant retail into mixed-use neighborhoods. More homes. Everywhere they're needed.

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America is millions of homes short. Vacant storefronts line every city. Workforce apartments trade below replacement cost. The housing crisis isn't just LA's problem — it's a national investment opportunity.

Three Pillars

01

Build Missing Middle

Vacant-lot infill that pencils and exits clean. Duplexes, fourplexes, small apartments — the density cities need at a scale that works. Repeatable playbook, simple buildings, fast cycle time.

Target ~2.0x equity multiple on completed deals
02

Acquire NOAH

Naturally occurring affordable housing — workforce rental stock that trades below replacement cost, is chronically undermanaged, and offers rent upside without speculative appreciation.

5–15 units · $2M–$5M · $160K–$320K/door
03

Convert Retail

Vacant storefronts and underperforming commercial into mixed-use neighborhoods. Housing above, commerce below. Turning America's retail vacancy problem into its housing solution.

Monetize via development, JV, or entitled land sale
4.5M
U.S. homes
short of demand
95%
of LA residential land
zoned single-family
<$320K
per door — below
replacement cost
50%+
of U.S. renters
are cost-burdened
How It Works

Acquire

Source NOAH multifamily — workforce rental stock that's undermanaged and priced below what it would cost to build today. 5–15 unit buildings in high-demand markets, starting in LA and expanding nationally.

$160K–$320K per door

Renovate

Light value-add. Unit turns, common area upgrades, operational improvements. No gut rehabs. Rent upside without speculative appreciation — just better management and modest capital deployment.

Light renovation, high impact

Stabilize

Bring occupancy to market, improve NOI, establish stable cash flow. Every deal is underwritten for yield first — not hope. The asset pays its own way from day one.

Cash flow positive from acquisition

Recycle

Capital recycled via cash-out refinance. Return investor equity while retaining the asset. Repeat. The portfolio grows, the basis shrinks, the compounding begins.

Stabilize → Refi → Redeploy
Who We Work With

We're building a network of aligned partners — not just a portfolio.

Lenders

Debt partners who understand NOAH

We're looking for bridge and permanent lenders comfortable with value-add multifamily at the 5–15 unit scale. Straightforward deals, strong fundamentals, repeat borrower relationship.

Brokers

Off-market deal flow, on-market speed

We close. If you're brokering workforce housing, small multifamily, or underperforming retail in high-demand markets — we want to see it first. Referral relationships welcome.

Capital Partners

Equity that aligns with impact

Deal-level or fund-level. We structure for strong cash yield and refinance optionality — capital that earns while solving the most important problem in American real estate.

Exit Strategy
Stabilize → Refinance → Hold or sell

Interested in what
we're building?

We're raising capital and looking for investors, lenders, and collaborators who believe America's cities deserve more housing.

Early updates. Deal flow. No spam.

We'll be in touch.