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Seattle is our home town and where we introduced our unique model for lending and development. Nearly all of our lending activities are focused in the greater Seattle area where we have provided over $2 billion of financing to construct thousands of for sale units since our founding.
Since our first apartment development in 2017, we have delivered more than 600 units with a development pipeline of more than 300 units coming up. Our high-quality studio apartments are close to transit, shopping, and entertainment and generally have fewer than 100 units. With rent levels targeted to tenants making 60-80% of the area median income, a common definition of affordable workforce housing, we are proud to be one part of the solution to housing demand in the Seattle area.
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Phoenix continues to be one of the strongest housing markets in the country with job growth and population inflows creating demand that far outpaces supply. With a growing team on the ground, including two of our founding principals, Blueprint quickly has become a significant presence in the Phoenix market with nearly 900 multi-family units under construction or in the pipeline.
The Phoenix market’s unique characteristics inform our development activities with a focus on build-to-rent communities as well as urban, multi-family apartments. Our build-to-rent communities generally have 200 to 300 units and combine the convenience of renting and the perks of a single-family home with resort-style amenities . Our multi-family buildings showcase the design and quality Blueprint is known for with locations close to transit, restaurants and other retail amenities.
Do you have land you think Blueprint would be interested in? Get started by completing the form below and a member of our team will follow up with you.
