News

The first month of 2024 has been marked by a series of activities on Cornus House, following the completion of the structure and the “topping out” milestone at the end of 2023. The building has been covered with scaffolding, windows installed on...

Schedule:Expected completion of Cornus House remains December 4, 2024. Early in 2023, the project ran into several unforeseen soils issues, but the team has performed admirably, making up considerable time. The concrete structure moved along...

Arbutus House renderingMONTHLY UPDATE - GUEST EDITION!   Dear Investors and Valued Partners, With Ben off on a well deserved vacation in the wilds of Africa, I’ve been asked to step in and send a quick update on some of our development...

Mock-up of new frontage for Columbia Apartments, our recent acquisitionMONTHLY UPDATEDear Investors and Valued Partners, This a consolidated update for all our business, with a brief update on our pipeline and what we are seeing in the market. We...

Steel mesh reinforcement awaing a mat slab pour later this month at CornusDear Investors and Valued Partners, This a consolidated update for all our business, with a brief update on our pipeline and what we are seeing in the market. We send this...

Views from inside one of Betula’s furnished 1BR apartments!MONTHLY UPDATEDear Investors and Valued Partners,  This a consolidated update for all our business, with a brief update on our pipeline and what we are seeing in the market. We send this...

Views from the balconies of the soon-to-be completed Betula House!MONTHLY UPDATEDear Investors and Valued Partners,  This a consolidated update for all our business, with a brief update on our pipeline and what we are seeing in the market. We send...

Dear Investors and Valued Partners,   This a consolidated update for all our investments, with a brief update on our pipeline and what we are seeing in the market. Our 2022 year-end financials and K1s are well underway and will be delivered by...

As we wrap up our second full year of operations, we feel especially lucky to have built a community of investors, partners and employees who support our mission of above market returns and below market rents. This letter is a slightly abridged...

Affordable housing developer Great Expectations will break ground next week on the 199-unit Cornus House at 2502 Pacific Ave. in Tacoma now that its financing has fallen into place. Last week it secured two loans totaling $34.8 million, with half...