Evergreen leverages its experience and relationships to identify and fund attractive investment opportunities through its consortium of family office investors. It also advises its development and operating partners to help mitigate risk and drive performance.

Evergreen focuses on industrial, workforce housing, and market-rate multifamily properties — both cash flowing and development — in high-growth secondary and tertiary locations with stabilized values of $10 to $100+ million. Our flexible, passive equity and our entrepreneurial approach to deal structuring emphasizes value creation and capital preservation.

Evergreen provides highly curated, tax-efficient LP, Co-GP, and LP-GP investment opportunities through its proprietary real estate fund and via single-purpose investment vehicles to its consortium of family office investors while also leveraging its deep experience and extensive relationships to provide investment capital, key introductions and relationships, and strategic advice to best-in-class operators and developers.

We invest in attractively priced assets in growing, liquid markets with strong demographics that we believe will yield appropriate risk-adjusted returns.

We underwrite both the investment opportunity and the development or operating partner, utilizing our institutional experience as an investor, developer, operator, manager, and advisor to identify well-conceived business plans positioned for success and best-in-class sponsors as partners, and then we provide programmatic equity over the long-term to grow property portfolios and create wealth for our family office investors.

Our Focus:

  • Industrial / Warehouse

  • Cold Storage

  • Outdoor Storage

  • Multifamily

  • Workforce and Market-rate Housing

Our Ideal Sponsor:

  • Deep experience in a particular asset class

  • Unique, localized advantages

  • At least 10 years of real estate development and/or operating experience

  • $100MM+ of real property acquired, managed, and/or developed

  • Quality deal flow for future transactions

General Investment Terms:

  • Asset Class: Industrial and Workforce and Market-rate Housing

  • Investment Type: Value Add, Core Plus, and Development

  • Investment Hold Period: 2 to 6 years (some evergreen)

  • Project Capitalization: $20 to $100MM+

  • Leverage: 60% to 75%

  • Evergreen Equity Position: LP, Co-GP, and LP-GP

  • Evergreen % of Equity: Up to 90% of GP and 100% of LP

  • Relationship Type: Programmatic