Services - Strategic Investments

HPI’s Strategic Investments Division leverages over 140 employees and HPI’s strong balance sheet to partner with other real estate investors and developers through general partnership co-investment or sponsorship. The scope of our partnerships include, but are not limited to: providing pursuit cost, pre-development cost, general partnership co-investment cost, debt guarantees, and any other organizational support needed. Our aim is to leverage HPI’s operational efficiency to maximize returns for all partners. These types of partnerships are especially attractive to more nascent groups that could leverage our established expertise and performance. We are considering all property types on a national basis, with a focus on niche strategies in senior housing, student housing, and self-storage.

Ideal Investment Parameters

  • Investment size of $1MM-$5MM
  • All property types, with focus on senior housing, student housing, and self-storage
  • Geography - Top 50 MSAs (student housing is university dependent)
  • Acquisitions and developments with gross asset level levered returns of at least 18% (1.8x)
  • Established record of sponsored partnerships
  • Returns priced based on level of risk sharing, but would include promote & fee sharing
  • Partnerships that will benefit greatly from HPI’s vertically-integrated operations

To inquire about partnering with HPI please contact Jon Erickson, HPI’s Strategic Investment Partner, at or (512) 538-2083.