Peer Firms – Horizontal Land Partners

PEER FRIMS

Land Strategies Validated by the Industry’s Largest Players

Institutional Model Validation

The model is validated by large players – e.g. D.R. Horton’s lot development arm (Forestar) and Lennar’s land strategies – which emphasize asset-light approaches and fast lot turnover. Major builders are aggressively seeking entitled land instead of land-banking for years thebuildersdaily.com.

In fact, “builders are lining up at the door” for finished lots in high-demand communities thebuildersdaily.com, underscoring the robust appetite for HLP’s product.

Industry Appetite for Entitled Land

Major builders are aggressively seeking entitled land instead of land-banking for years thebuildersdaily.com. In fact, “builders are lining up at the door” for finished lots in high-demand communities thebuildersdaily.com, underscoring the robust appetite for HLP’s product.

Value - Add Curve

Outs & Social Impact

Flexible Site Planning

While entry-level housing lots are the core focus, HLP can incorporate carveouts on larger sites to add value or meet community needs. These are handled via partnerships or separate exit strategies so as not to derail the main timeline.

Retail & Hospitality Pads

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).

Affordable/Workforce Housing

Portions of a project can be carved out for affordable housing (LIHTC programs), workforce housing, or even senior/special-needs units. By partnering with specialized developers or housing agencies, HLP can enable these uses on-site, which often helps with entitlements and fulfills civic goals, all while keeping the primary for-sale lots on track.

Core Focus Maintained

Importantly, any carve-outs are structured so they do not slow the core horizontal development. The primary exit – selling entitled home lots – remains the priority timeline. Carve-outs are bonus value-adds that run in parallel or get spun off, ensuring the fast 12-month project cycle is preserved while still capturing upside from additional uses.

Platform Structure & Alignment

Institutional-Grade Setup

HLP is structured for scale and transparency, with a view toward an IPO.

Class B – Sponsor Equity

30% of capital (about $15M) comes from the sponsor/co-GP team as Class B.

Class A – Investor Equity

70% of capital (about $35M) is Class A, contributed by LP investors.

Class C – Advisory (no equity)

HLP can also designate a small number of Class C advisory seats for strategic institutional advisors.

HLP’s platform is built for institutional scale, aligning sponsor and investor interests through a structured capital stack and a clear path to public market transition.