Our work
Block by block. Home by home.
Representative projects across our four strategies, our first homeownership development and how we report each project as it is completed.
Representative projects
Six examples of the work we are built to do.
They run from a single restored home to a phased neighborhood of new owners, across all four strategies, and show how the firm grows from one project to a program.
The restored two-family
A vacant two-family home purchased from an estate, renovated top to bottom and sold to an owner who lives in one unit and rents the other.
- Scale
- 2 homes
- Timeline
- About 12 months
- Approach
- Renovation loan and co-investment
The scattered-site program
Single-family and small multifamily homes acquired across a neighborhood over a year, renovated to one standard and sold one by one to first-time buyers.
- Scale
- 5 to 10 homes
- Timeline
- 12 to 24 months, rolling
- Approach
- Revolving renovation line and co-investment
The infill pair
Two new homes on adjacent vacant lots, built within current zoning and sold to owner-occupants.
- Scale
- 2 to 4 homes
- Timeline
- 18 to 24 months
- Approach
- Construction loan and co-investment
The corner conversion
A vacant mixed-use corner building converted into homes for owners above a restored storefront.
- Scale
- 4 to 8 homes and a storefront
- Timeline
- 18 to 30 months
- Approach
- Construction loan and co-investment
The station-area conversion
An underused brick commercial building near a rail station, converted into condominium homes for first-time buyers.
- Scale
- 10 to 20 homes
- Timeline
- 24 to 36 months
- Approach
- Co-investors and construction financing
The multi-lot neighborhood site
A cluster of vacant city-owned lots developed in phases with a municipal partner, with every home sold to an owner-occupant.
- Scale
- 20 to 40 homes
- Timeline
- Phased over 3 to 5 years
- Approach
- Co-investors, public partner and project financing
Representative examples for illustration. They are not specific Greenhouse properties, offerings or projections, and images are stock photography.
Now underway
Our first homeownership development
New homes on vacant city-owned land in a residential neighborhood of Essex County, developed with a municipal partner and a co-investment partner and sold to qualified first-time buyers. It is our first build-and-sell project, and one of many project types we pursue.
- Program
- Build and sell
- Homes
- Four new homes
- Purchasers
- First-time buyers
- Status
- Approvals underway
- Site controlComplete
- Environmental reviewComplete
- Design and approvalsCurrent
- ConstructionAhead
- Sale to ownersAhead
A typical project
From a building no one wanted to a home someone owns.
Every completed project will be published as a case study: the starting condition, the work, the budget against plan and the outcome.
Before
The work
AfterImages are representative and do not depict a specific Greenhouse project.
Pipeline
A pipeline screened every day.
Our platform reviews new opportunities across our four core markets continuously. Specific properties and terms are shared only with partners, in direct conversation and under confidentiality.
- One- to four-family homesCore
- Vacant infill lotsCore
- Groups of city-owned lotsCore
- Mixed-use cornersSelective
- Buildings suited to conversionWith co-investors