06/19/2026
For real estate investors, the cycle is a familiar one. A property reaches its stride, the sponsor sells, the proceeds come back, and the search for the next deal begins again. Selling, though, isn't the only way to create value from a strong asset.
We've completed a strategic recapitalization of Terra at Monroe, a multifamily community we've owned and operated since 2013. A recapitalization restructures how a property is financed and owned, so investors can realize value while we keep operating an asset we know well. It's core-plus discipline in practice: hold and improve high-quality workforce housing in supply-constrained markets rather than sell it for a quick fee.
Monroe is exactly the kind of market our strategy is built around. Terra sits at the nexus of Highway 2 and Highway 522, with access to Everett's aerospace hub, Bothell's life sciences corridor, and the Eastside tech sector. The community features the only swimming pool in Monroe, a clubhouse and fitness center renovated in 2023, and 76 renovated homes with shaker cabinets, quartz counters, and LVP flooring.
As our CEO and Managing Partner Josh Jansen put it: "Monroe continues to stand out as a highly attractive market due to its strategic location, strong employment connectivity, and growing demand for quality housing."
For accredited investors, that's the difference between chasing the next deal and building durable, long-term income.
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