About Lone Tree
We do things differently.
Solving large problems means doing things differently than everyone else. Attainable housing is no exception.
Our approach
Bring the right people together.
We believe that solving large problems often means doing things differently than everyone else. The attainable housing problem can only be solved by stronger public/private partnerships and mission-centered companies.
We find the cities, talent and capital that want to do it right — and we bring them all together. It took many years of experience and refinement to bring our model to fruition.
01 / Cities
Cities that want it done right
Cooperative municipalities with real entitlement track records, aligned on community design from day one.
02 / Talent
Local talent, in house
Land, construction and property management under one roof, with operators who know their markets.
03 / Capital
Mission-centered capital
Partners who underwrite for the long cycle — build, stabilize, hold and exit with discipline.
3,000
Lots in land holdings
4
State footprint
7
Future BTR sites in current holdings
$50M
Assets under management
Platform figures as of Fall 2026.
Company evolution
How we put it all together.
A deliberate progression from foundation to institutional readiness — each year layering new capability, markets, teams and systems designed to compound rather than reset.
2020
Foundation
Lone Tree established as a development entity focused on attainable housing in strong submarket metros with city-aligned community design.
2021
Market entry & operations
JV developments launched in Washington (Sunnyside & Sunridge). Ameritrue Property Management established in Utah, managing rental portfolios across four states.
2022
Land strategy & first acquisitions
Lone Tree Land & Development launched. Hampton Hills (22 acres, Richmond, KY) acquired as our first land purchase. Internal analytics built for metro selection and demographic-driven site targeting.
2023
Multi-product expansion
Woodgate acquired in Richmond, KY as a large-scale pipeline holding, demonstrating the capability to structure JV-based developments across new markets.
2024
Scaling & vertical integration
Oak Hills (100 acres, KY) and Maple Heights (128 acres, IA) acquired. Lone Tree Communities construction division launched — full-cycle development capability achieved.
2025
Institutional BTR readiness
Redbud & Magnolia Heights (KS) acquired with national builder contracts. New capital partners CEO and CFO onboarded. Platform upgrades across systems, analytics and operations, and the BTR sponsor program launched.
Leadership
The people behind the model.
Deep, complementary expertise across the full residential development lifecycle — from raw land acquisition through construction, capital formation and long-term asset management.
JO
Jamis O’Brien
Founder
20+ years in ground-up residential development. Has managed more than 20 multifamily projects totaling 3,500+ units across the U.S., Cuba, Argentina, Chile and Canada.
LA
Lane Aldrich
Managing Director
10+ years in BTR financing, modeling and underwriting. Arranged construction lines and permanent takeouts for 4,000+ new-construction rental units valued at over $1B.
JN
Jenny Nielson
Director of Land & Development
10+ years in market research, land acquisition, entitlements and financial modeling. MBA with a financial emphasis guiding disciplined investment decisions.
CB
Carter Buck
Director of Construction
Former Area Director at Pulte Homes/Del Webb and Area VP at Lennar. Oversaw 13,500+ units per year and $950M+ in annual construction spending.
Josh Rigby
Director of Property Management
Josh has served as President of AmeriTrue Real Estate & Management for more than five years, overseeing the protection, operation, and long-term value enhancement of the company’s real estate portfolio.
Read full bio +
An entrepreneur with deep roots in housing and real estate, he has founded, scaled, and successfully exited multiple businesses — including a construction and tile installation firm, a remote workforce housing development company, and a property management platform. His hands-on operational experience and ownership-driven perspective combine strategic leadership with practical execution.
This background enables Josh to lead AmeriTrue with a focus on operational efficiency, asset longevity, and sustainable value creation.
Outside of work, Josh cherishes time with his wife of 25 years and their four children.
Brian Cole
President of Property Management
Brian is a seasoned leader with a proven track record of driving revenue growth and building high-performing teams through disciplined execution and sustainable results.
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He managed a start-up service company to 10x growth over nine years, oversaw multiple remote workforce housing communities across states, and led technology sales teams to 120–150% of quota.
As Chief Revenue Officer at TMA Performance, he unified sales, marketing, and customer success ahead of a successful acquisition.
As CEO of Ameritrue, Brian drives operational excellence, strong occupancy, resident retention, and long-term value for owners and renters. A true people person, he maximizes owner value while delivering quality, affordable housing.
Outside work, he enjoys time with his wife of 20 years and cheering on their three children in soccer, baseball, and wrestling.
Danica Hicken
Financing Specialist
As the Financing Specialist at Lone Tree Capital Partners, I manage the firm’s financing and debt operations. I work directly with lenders from application through closing and oversee the obligations that follow, keeping each transaction on track long after the paperwork is signed. With a decade of experience in lending operations spanning consumer, mortgage, and real estate investment lending, I have a thorough understanding of how financing is structured and managed from start to finish.
When I’m not working, I enjoy sewing, baking, and spending time with my husband and three kids.
Q&A
Questions investors ask.
What does a ground-up sponsor do?+
We acquire land, secure entitlements, manage construction and operate the finished community, rather than buying existing properties.
How are community investments structured?+
Each community is held in its own entity. Investors own an interest in that one community, with its own budget, lender and business plan.
Who can invest?+
Accredited investors, after an introductory conversation with our team.
How are fees from affiliated Lone Tree companies handled?+
Every fee a Lone Tree company earns on a project is disclosed to investors, and our fee structure is summarized on the Vertical Integration page.
How do investors receive updates?+
Through our investor portal, with quarterly reports covering budget, financials, imagery, schedule and leasing progress.
How is Lone Tree different than other ground-up sponsors?+
Lone Tree has several corporate IP’s and a network of relationships throughout the country that not only allow us to enter new markets that meet our thesis, but generate best in class alignment between developer, cities, contractor talent & local banking institutions. These processes help us execute the mission aspect of our development endeavors while delivering risk mitigation and pipeline expansion to our investor partners.
How do I access the investor portal?+
Use the Investor Portal button at the top of any page.
Build what matters
Let’s build something that lasts.
Cities, local talent and capital — all working toward communities built to last.