Sage Investment Group, a Washington-based organization specializing in transforming underutilized hotel properties into affordable housing, has recently achieved a significant milestone of surpassing $100 million in investments.
According to Ryan Sudeck, CEO of Sage Investment Group, this achievement reinforces their strong belief that everyone should have access to secure and affordable housing. He further added that the company takes pride in utilizing their expertise in real estate to create thriving communities for all individuals.
With 25 properties and over 1,800 units spread across five states, Sage Investment Group has garnered support from a diverse group of 230 investors. Notably, 28% of these investors are women and 30% are people of color – showcasing the company’s commitment towards inclusivity.
Emily Hubbard co-founder at Sage Investment Group expressed her delight on reaching this milestone by stating that it is a testament to the trust placed by their investors. She also highlighted how these investments will enable them to continue fulfilling their mission of providing attainable housing solutions for underserved communities.
The article was originally published on Connect CRE website.
