Investment
Capital for Real Development.
1893 Development Group seeks to build long-term relationships with capital partners who understand the fundamentals of residential land development.
Project Capitalization
Residential land development is capital-intensive and sequential. Land must be acquired or controlled, entitlements pursued, engineering completed, and horizontal infrastructure constructed before finished lots can be delivered and revenue realized.
Depending on the individual opportunity, qualified projects may involve combinations of sponsor capital, private equity, institutional equity, development financing, land financing, and other project-level capital. The capital stack is structured around the specific development budget, schedule, and risk profile of each project.
Investment Philosophy
Disciplined Underwriting. Defined Execution.
Potential projects are evaluated on project-level underwriting across factors including:
- Land basis
- Market fundamentals
- Housing demand
- Builder activity
- Entitlement risk
- Infrastructure requirements
- Development cost
- Development schedule
- Lot pricing
- Absorption
- Phasing
- Capital requirements
- Financing structure
- Exit visibility
- Downside scenarios
- Risk-adjusted return potential
Phased Capital Deployment
Capital matched to the development schedule.
Large residential developments can often be developed in phases. Phasing may allow capital deployment to correspond more closely with infrastructure requirements, construction schedules, builder demand, and lot absorption.
Phasing is a planning and capital-management approach, not an assurance of outcome. Development activities involve risk, and no representation is made that capital will revolve on any schedule or that principal is protected or guaranteed.
Capital Partners
Who we may work with.
Depending upon the individual opportunity, 1893 Development Group may work with:
- Private investors
- Family offices
- Private equity groups
- Real estate investment firms
- Institutional capital
- Banks
- Private lenders
- Strategic development partners
Investor Relationships
Information shared privately.
Detailed project information would be provided privately to qualified prospective capital partners where appropriate. Potential private materials may include:
- Project overview
- Site information
- Market analysis
- Development plan
- Development budget
- Capital requirements
- Development schedule
- Builder activity
- Financial underwriting
- Sensitivity analysis
- Risk factors
- Proposed capitalization
- Potential exit strategy
Capital Partner Inquiry
Interested in Development Opportunities?
Qualified capital partners interested in learning more about 1893 Development Group and future development opportunities are invited to contact our team.
Important disclosure. Information on this website is provided for general informational purposes only and does not constitute investment, legal, tax, or accounting advice. Nothing on this website constitutes an offer to sell, or a solicitation of an offer to purchase, any security or investment product. Any investment opportunity would be offered only to eligible persons pursuant to separate definitive documentation and would be subject to due diligence, eligibility requirements, applicable securities laws, and individual project terms. Development and investment activities involve risk, including the possible loss of capital. Past performance, if eventually displayed, does not guarantee future results.