The Highlands, situated at 10020 W. 80th Street, serves as the latest component of a portfolio designed to capture value in markets with constrained new supply and robust employment. The property was acquired at a 48% discount to replacement cost and is backed by a 10-year, full-term interest-only Fannie Mae loan at a fixed 5.06% rate. Overland Park, home to major corporate players like T-Mobile and Oracle, provides the demographic stability the fund targets for its long-term strategy.

CEO Kurt Houtkooper noted that the milestone validates the fund's scaling efforts since its 2024 debut. The platform aims for an eventual portfolio of 50 institutional-quality multifamily communities across the U.S. To further this growth, the firm is expanding participation options, allowing qualified property contributions through 721 exchanges and preparing for a limited direct cash investment offering later this year. The fund currently maintains holdings across Kansas, Colorado, Arizona, Oregon, and Washington, focusing on tax efficiency and predictable distributions for its investors.