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

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

Evergreen provides highly curated, tax-efficient LP, Co-GP, and LP-GP investment opportunities to its consortium of family office and ultra-high-net-worth 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: Workforce and Market-rate Housing, Industrial

  • Investment Type: Opportunistic, Distressed, Value-Add, Development, and Core-Plus

  • Investment Hold Period: Typically 2 to 6 years

  • Project Capitalization: $10 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