Zoning Plans Finalized

In Q3 2024, we finished horizontal development on 66 lots. In Q4, we pivoted from selling to a builder and chose to build townhomes. Q1 2025, zoning and construction plans were finalized. With BTR at 70% of our fund, we maintain flexibility and multiple exit strategies.

April 16, 2025
Adam Whitmire

In Q3 2024, we completed horizontal development on 66 lots with the intent to sell to a national homebuilder, but in Q4 2024 we pivoted and revised our business plan to build townhomes ourselves.

By Q1 2025, we finalized zoning and construction plans, and our next step is to begin vertical construction.

Today, 70% of our Fund’s allocation is focused on BTR because it provides multiple exit strategies — land development, lot delivery, or building fully amenitized communities — giving us the flexibility to strategically pivot at any phase of the development process.

More Projects Update

Water & Electrical Utilities Installed

Filip Bondas
May 29, 2026

We previously completed horizontal development on the 41-lot short phase within Phase 2, and the plat has been submitted and approved. In the remaining section of the property, water and electrical utilities are in place, with base and curb work next.

Received CO on 9 Units

Filip Bondas
May 28, 2026

Nine units in Phase 1 are finished, with Certificates of Occupancy in hand and ready for lease-up. Five more units on Lots 58 through 62 are being brought to CO, and the building permit application for the next 18 lots has been submitted ahead of vertical construction.

Two New Luxury Rentals Live

Filip Bondas
May 27, 2026

Two more properties recently went live, one outside Clearwater, Florida and one lakefront in the Poconos, both five-bedroom, eight-bed homes with full amenity packages. Since acquiring 142 rentals in December 2024, the portfolio has grown to 153 units.