Welcome to Brownstone Development
Brownstone Development Group is a privately held real estate investment company that acquires and develops commercial real estate in U.S. Sunbelt markets, with focus on Multifamily and Self-Storage. Our group is dedicated to enriching the lives of our investors, employees, and tenants by creating and managing high-quality real estate projects that offer sustainable wealth-building opportunities. We are committed to proven and detail-oriented practices that ensure long-term value and growth, emphasizing risk-adjusted value. Our mission is to continue our legacy of prosperity and community enhancement through strategic investments in the multifamily and self-storage sectors of the commercial real estate market. Thus far, we realized profits of over $73MM+ for our investors and partners via “full cycle” dispositions. We have 13 open partnerships providing quarterly distributions and plan to acquire more real estate holdings alongside our partners.
Track Record Highlights
$300MM
pORTFOLIO
(Active and Closed)
913K+
SF SELF STORAGE
(100% Active)
1.7K+
multifamily units
(95% Closed)
36.5%
irr active
(Estimated)
$73MM
investor-realized
PROFITS
3.35x
equity multiple
(Realized/Closed)
24.7%
loan to value
(Active Investments)
33.6%
IRR
(Realized/Closed)
“Ninety percent of all millionaires become so through owning real estate. More money has been made in real estate than in all industrial investments combined.”
Andrew Carnegie
For more details on Brownstone’s track record, please email [email protected]
Experience
Our team at Brownstone Development Group has over 157 years of combined experience and has completed over 500 commercial real estate transactions, including acquisitions, dispositions, and brokerage, over the last 20 years. We use several proven strategies to add value and provide attractive risk-adjusted returns for our investors.
Housing is one of the largest investable asset classes in the world, accounting for one-third of all consumer spending. Despite the size of the sector, housing is dramatically underrepresented in stock indexes. Investing directly in income-producing real estate offers retail investors a unique opportunity to diversify their portfolios beyond traditional stocks and bonds. Furthermore, by directly investing in real estate, investors gain more control over their real estate holdings, allowing for a tailored approach to leverage the long-term growth and resilience of the housing market, which is not fully captured in REITs or other indexes.
Self-storage represents a compelling niche within the broader real estate sector, offering further diversification benefits. This sub-sector often exhibits counter-cyclical tendencies, maintaining demand even during economic downturns, as people and businesses look for storage solutions during times of transition. The relatively low overhead and maintenance costs associated with self-storage facilities also contribute to their attractiveness as an investment, potentially offering stable returns and high occupancy rates regardless of economic conditions. There is a good reason why storage REITs have outproduced all other CRE asset classes over the long run.
Brownstone offers a broad spectrum of investment opportunities across various asset classes in addition to multi-family units and storage facilities. We have had successes in land development or adaptive reuse of industrial and retail properties as well as opportunistic investments in retail centers. We provide investors with a diverse range of options tailored to individual preferences. Past projects have had emphasis on long-term cashflow growth while others have emphasis on shorter time frames and are measured by equity multiples.
Brownstone purchased 27 acres in Cartersville, GA, developed the land, and sold parcels to a reputable apartment builder, senior housing builder, and restaurant owner. A portion of Brownstone Investors rolled their returns into the apartment and senior housing projects. Others elected to realize the returns. Seen above are the South and Twenty Apartments in Cartersville, GA which opened in 2023.
Brownstone Team
Our team consists of experienced real estate professionals with a deep understanding of the market and a proven track record of success.
We are committed to delivering the best results for our clients and investors.