Steinbridge Group has joined forces with FrontRange Co-GP Property Fund, an affiliate of FrontRange Capital Partners, to launch a $50 million joint venture. This strategic partnership is designed to develop and renovate single-family and small multifamily properties in order to address housing issues across the United States, including cities such as Atlanta, Boston, Dallas, Houston , New Jersey , New York City , Philadelphia , Richmond , Baltimore and Washington D.C .
As an impact investment firm that strives for providing high quality middle class attainable homes in urban areas facing rising housing costs and aging housing stock Steinbridge’s venture is expected to generate approximately $1.3 billion worth of development or redevelopment projects .
