Investments
Invest where value begins.
Thesis-driven build-to-rent communities targeting specific gaps in the U.S. housing shortage.
Our thesis
A seven-year pipeline, one deal at a time.
Our thesis-driven build-to-rent communities target very specific gaps in the U.S. housing shortage. Lone Tree has a seven-year pipeline of build-to-rent developments, each individually structured and stress-tested for multiple exit strategies.
Investors participate pre-construction, during the value-creation process. Below is an overview of the communities currently moving through our pipeline.
Deal profile
What a Lone Tree deal looks like.
How our build-to-rent developments are typically structured. Every community is underwritten individually to written standards.
90–130
Typical unit count per community
3–5 yrs
Typical hold period
1
Community per offering entity
Reg D
Private placements
Deal structure
How a Lone Tree syndication works.
Each build-to-rent community is capitalized as its own offering. Limited partners come in pre-construction, on land that is already entitled and construction-ready, and hold through a defined build-stabilize-exit cycle.
01 / Structure
Reg D, deal by deal
Every community is syndicated as its own entity under Regulation D — 506(b) for established relationships, 506(c) for verified accredited investors. Investors underwrite a single, defined asset, never a blind pool.
02 / Capitalization
Community-level equity
LP equity is raised at the community level and paired with construction financing arranged by Lone Tree Partners against an entitled, shovel-ready site, at a target 75% to 78% loan to cost.
03 / Value creation
Enter before the lift
Capital enters at the point where land basis, entitlements and cost control drive most of the return — rather than buying a finished, fully priced asset after that value has been realized.
04 / Exit
Stress-tested, multiple ways out
A three-to-five-year cycle underwritten against more than one exit: portfolio sale to institutional BTR buyers, individual home disposition, or refinance and hold.
Opportunities
Active and upcoming.
Active
Hampton Hills BTR
Richmond, Kentucky
94 build-to-rent duplex units
21.4-acre entitled site
Site work is underway
Managed by Ameritrue Property Management
Upcoming
Maple Heights
Norwalk, Iowa
120 detached, attached & ADU units
Within a 125-acre master plan
Strategic capital partnerships
We work with a small group of family offices and institutional partners on land acquisition and master planned development at the platform level. These partnerships are structured individually and begin with a conversation with our principals.
Investor community
Join us before the ground breaks.
Tell us a little about your investment criteria and our team will reach out to schedule an introductory call.
Connect with Lone Tree Partners ↗
Nothing on this page is an offer to sell or a solicitation of an offer to buy any security. Any offering is made only through definitive offering documents to eligible investors.