Rental Real Estate
In addition to lending, Blueprint also develops income-producing rental property for its portfolio in Seattle and Phoenix. Developing residential assets for our portfolio produces attractive cash flow and creates stockholder value.Learn More
In the Seattle area, we develop high-quality studio apartments close to transit, shopping, and entertainment. Our projects generally have fewer than 100 units with rent levels targeted at people making 60-80% of the area median income, which is a common definition of affordable workforce housing.
Our real estate development activities in the Phoenix area are focused on urban multi-family and build-to-rent communities. The build-to-rent communities we develop generally have upwards of 300 units and combine the convenience of renting with the perks of a single-family home.