Freehouse Partners develops commercial real estate in emerging, hard-to-access markets of the Upper Rockies and Texas, with a concentration on hospitality in Montana, Wyoming, Idaho, Central Texas, and Oregon.
We operate in emerging Upper Rockies markets with exceptional growth tailwinds and massive supply and demand imbalances, but where institutional players lack exposure because local footing is required to get anything done.
Our relationships provide access to development opportunities outsiders can’t access, often at an advantaged cost. Our vertical development capabilities lower development costs creating assets that create durable operating advantages.
As both sponsor and fee developer to institutional investors, we operate with patient capital and a builder's mindset in communities where trust compounds over decades.
We develop and operate national-flag, select service hotels in growing, undersupplied markets where lodging stock is outdated or insufficient. We concentrate on markets that are difficult-to-navigate and complex to operate in.
Our local relationships and deeply rooted on-the-ground teams and partners allow us to capitalize on markets with strong tailwinds and continuing supply blockers over long periods of time.
We develop single- and multi-tenant industrial real estate for large national and regional tenants in emerging, business-friendly markets with strong workforce bases but a lack of vacant large-bay industrial space. We partner with generational landowners to control development parcels at an advantaged basis, completing horizontal improvements before a user is identified.
Our approach matches the 6–12 month window when the target user typically makes decisions versus build-to-suit competitors with raw land requiring 12+ months to deliver. Partnerships with economic development agencies and state governments give us early access to tenant demand across our markets.
We develop high-density workforce multifamily in tertiary markets where demand is durable, supply is constrained, and the math only works on land with an advantaged entry basis.
Our local relationships let us assemble sites at a basis outsiders can't reach, the precondition for building efficiently designed product that meets local income profiles while still delivering institutional-quality execution and operations.
We acquire and entitle large tracts of raw and improved land for industrial, commercial, and multifamily use in markets with strong growth tailwinds but massive land value inflation.
Structured partnerships with local landowners and market stakeholders let us control land at a basis and timeline that matches market absorption rates and reasonable development timelines.
We work with landowners, public agencies, and tenants to secure sites and understand demand before committing to development. Those relationships shape what we build, what we pay for land, and when we move forward.
Long-standing landowner partnerships help us secure development sites that rarely reach the open market.
We invest deal by deal, without a fund deadline forcing a sale. Hold periods reflect the needs of each project.
We work through entitlements, construction, and tenant needs with the people who know each market.
We underwrite carrying costs and debt service through a range of market conditions.
Reporting, diligence materials, and active deal rooms are available on our investor portal.
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