Asset class
Land
Raw and entitled land held for development or resale. No in-place cash flow, so returns depend entirely on entitlement, horizontal development, and exit timing: the highest-variance CRE segment.
Directory view
Sponsors in this strategy
5 sponsors in the CREsponsor directory disclose land as a primary strategy.
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Dhanani Private Equity Group Nick Dhanani's DPEG syndicates Houston retail, c-stores, and land to 3,500+ private investors, advertising 20–35% target returns and no realized losses. -
Evergen Equity Austin multi-family office running separately managed accounts, not funds. 41 Reg D vehicles, $395M sold, border-corridor industrial from Laredo to LA. -
Partners Real Estate Houston brokerage that sponsors its own funds and sells them through its own broker-dealer. Eight funds, 16 realized exits, a trademark suit ended 2026. -
Reserve Capital Partners Dallas GP across industrial, IOS, land, office and self-storage. 22 assets, fully-subscribed raises, and a pivot out of office no marketing page admits to. -
RREAF Holdings Dallas sponsor RREAF Holdings: 77 assets in 15 states, $4.7B AUM per sponsor, DLP/3650 and Axonic JVs, and a 2015 Chapter 11 of its oil-patch hotels.