Delivering Ready Land with Speed, Scale and Strategic Impact
Horizontal Land Strategy
Acquire raw land in high-growth markets, entitle and plat it for single-family homes, then exit before vertical construction by selling shovel-ready “paper lots” to institutional housing buyers. This model capitalizes on the unmet demand for build-ready residential land.
High-Velocity Model
By exiting at the land stage, each project targets a short ~12–16 month hold period, dramatically faster than traditional development. This quick turnaround (horizontal development only) allows capital to be recycled quickly into new deals.
Exceptional IRRs
HLP underwrites for >100% project-level IRR (2–3× equity multiple) in each 12–16 month cycle. These triple-digit returns are achievable by adding value through entitlements and flipping the land without taking on construction risk.
De-Risked Exit Strategy
Every acquisition is pre-vetted with multiple exit buyers (at least two committed takers lined up per deal). This ensures that once the land is entitled (shovel-ready), HLP can exit quickly – minimizing market risk and holding costs.
Institutional Buyer Network
HLP’s shovel-ready lots are sold to a variety of institutional buyers including Build-to-Rent funds, national homebuilders (build-to-sell), and land infrastructure developers. This diversified buyer pool provides flexibility and competitive tension for exits.
Carve-Out & Community Impact
HLP also identifies outparcel opportunities on its land deals – for example, carving out retail or hospitality pad sites along main road frontages. These pads (for a future store, daycare, hotel, etc.) can be sold or JV’d separately, adding incremental profit and enhancing the overall project’s appeal (without slowing down the core subdivision development).