
The future of real estate is always under construction. Standard is building.
Standard aims to be the leading development-focused real estate private equity investor in the United States. The firm invests solely in real estate development, partnering with best-in-class local and regional developers to unlock off-market opportunities and public-private partnerships that generate opportunistic returns.
Today, Standard is focused on the new construction of market-rate “attainable” housing in major US markets. The strategy addresses a nationwide housing shortfall caused by a precipitous drop in new construction in recent years. The result is an estimated 5.5 million-unit deficit that has driven a surge in housing prices which can only be mitigated by significantly increased levels of new construction. Moreover, a durable shift is occurring in real estate, caused by changes in demographics and technology. Standard is identifying properties that are responsive to these broad market dynamics and accessing them at the development stage to invest at a lower basis.
Development investment is a strategy frequently overlooked by most traditional institutional capital because special expertise is required to generate consistent performance. Standard is designed and built to offer exactly that expertise. Standard’s principals are focused, development investment experts with deep and broad relationships in US real estate, direct operating capabilities and a rigorous investment research approach developed to mitigate risk at both the asset- and fund-level.
Within this return-driven strategy, Standard allocates joint venture equity to minority and women developers. By providing capital to systemically disenfranchised developers, Standard will achieve impact and leverage differentiated access points and perspectives to execute its strategy.