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Founding and Early Focus

January 15, 2013

Greenlite Holdings Embarks on a Journey in Multifamily Repositioning Real estate investment firm transitions from single‑family flips to value‑add multifamily, laying the groundwork for long‑term growth and investor opportunities

Phoenix, AZ — (January 15, 2013) — Greenlite Holdings, LLC (“Greenlite”), a Phoenix‑based real estate investment firm, today announced its formation and formal entry into the multifamily real estate market, marking the beginning of a strategic shift from repositioning single‑family homes to acquiring and enhancing larger multifamily communities.

Founded by real‑estate entrepreneur Jonathan Lewis in Phoenix, the firm initially operated in the single‑family and small residential investment space. After a series of successful acquisitions, Mr. Lewis recognized the opportunity to apply his value‑add strategy to larger apartment buildings.

“Our mission has always been to transform overlooked properties into thriving communities,” said Mr. Lewis. “Building on our success in smaller projects, we saw the potential to leverage that experience in larger multifamily assets, establishing a foundation for the growth we enjoy today.”

Greenlite’s inaugural multifamily investment validated this thesis and allowed the company to refine its underwriting and operational processes while establishing relationships with best‑in‑class contractors and service providers. This disciplined approach enabled the firm to steadily expand its portfolio and reinvest its own capital into scaling the business.

This announcement marks the first chapter in Greenlite’s long‑term strategy to create value for investors and residents alike. Early success in repositioning multifamily assets provides a robust track record that underpins the company’s upcoming Regulation A and Regulation D securities offerings.

About Greenlite Holdings

Founded in 2013 in Phoenix, Arizona, Greenlite Holdings is a real estate investment firm specializing in transforming underperforming multifamily properties into high‑performing assets. Through rigorous underwriting, targeted repositioning and hands‑on management, the company delivers strong risk‑adjusted returns. In 2020, Greenlite relocated its headquarters to Salt Lake City, Utah, while continuing to invest across the Southwest and Mountain West. Today, the firm remains committed to operational excellence and is preparing Regulation A and Regulation D securities offerings based on its proven track record and expanding portfolio.

More About Greenlite

Learn more about our approach, our experience and the outcomes of our strategy.