Affordable Housing
Developing and preserving high-quality homes for individuals and families across a range of incomes.
Learn moreReal Estate Investment & Development
Stronger
Communities
Through Real Estate.
Carthage is a real estate investment and development sponsor focused on acquisitions, affordable housing, mixed-income communities, and public-private partnerships that create lasting value.
Our approachCosta Dorada
Our focus
A disciplined approach to real assets.
We pursue opportunities where investment discipline, thoughtful development, and strong local partnerships intersect. Our work emphasizes housing supply, neighborhood resilience, and long-term economic value.
SourceIdentify opportunities
StructureAlign capital and partners
ExecuteDevelop enduring value
Our approach
Invest. Develop. Partner.
Create lasting impact.
Carthage combines institutional investment principles with an entrepreneurial development model, pursuing opportunities across the real estate capital stack.
Mixed-Income Communities
Inclusive residential environments that support opportunity, stability, and economic mobility.
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Public-Private Partnerships
Working with public agencies and local stakeholders to advance housing and community priorities.
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Acquisitions
Sourcing and evaluating residential and other real estate opportunities grounded in fundamentals.
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Capital Formation
Structuring partnerships and financing solutions to support development and investment execution.
Learn moreInvestment philosophy
Where expertise meets opportunity.
We seek opportunities that bring together market knowledge, responsible underwriting, experienced execution partners, and capital aligned with each project's long-term potential.
Opportunity sourcing
Identifying acquisitions, land, and publicly offered development opportunities.
Development execution
Coordinating design, entitlement, construction, and delivery across project stages.
Capital structuring
Evaluating debt, equity, incentives, and other resources for each opportunity.
Long-term partnerships
Building relationships with investors, public agencies, operators, and communities.
Opportunity areas
Real estate with purpose.
Explore completed and in-progress residential communities and the real estate opportunities Carthage pursues across housing and community development.
Residential Real Estate
Housing
Identifying, acquiring, and developing multifamily, affordable, and workforce housing opportunities through disciplined underwriting and thoughtful execution.
View housing projects →Diversified Real Assets
Diversified Real Estate
Identifying, acquiring, and developing select properties across diversified real estate sectors, guided by disciplined underwriting, asset fundamentals, and long-term value creation.
View diversified projects →Public-sector collaboration
Community Partnerships
Investment and development opportunities created through RFPs, public-private partnerships, and collaboration with local stakeholders.
View community partnerships →Connect with Carthage
Building relationships.
Creating opportunity.
We welcome conversations with landowners, public agencies, capital partners, and organizations exploring investment and development opportunities.