Skip to main content

Early Limited‑Partner Investments in Multifamily

June 10, 2011

Greenlite Holdings’ Roots: Early Limited‑Partner Investments Lay the Groundwork for Future Growth. Initial passive stakes in multifamily properties provide institutional insights and spark the transition to active management.

Phoenix, AZ — (June 10, 2011) — Before establishing a track record as a hands‑on operator, Greenlite Holdings, LLC (“Greenlite”) invested as a limited partner in a series of multifamily properties across the Southwest. These early investments, made between 2010 and 2012, exposed founder Jonathan Lewis and the firm to institutional underwriting standards, capital markets structures and operational best practices.

“Serving as an LP allowed us to learn from seasoned sponsors and understand the investor’s perspective,” said Mr. Lewis. “We gained insight into how experienced operators underwrite deals, execute business plans and communicate with capital partners. Those lessons informed our later transition to general partnership roles.”

The LP positions provided exposure to various asset classes and markets without day‑to‑day management responsibility. Participating alongside seasoned sponsors, Greenlite learned the importance of thorough due diligence, conservative leverage and transparent reporting—principles that now underpin the firm’s GP‑led acquisitions and repositionings.

About Greenlite

Founded in 2013 in Phoenix, Arizona, Greenlite Holdings is a real estate investment firm specializing in transforming underperforming multifamily properties into high‑performing assets. The firm relocated its headquarters to Salt Lake City, Utah, in 2020, and continues to expand across the Southwest and Mountain West. Greenlite is preparing Regulation A and Regulation D securities offerings to broaden its investor base.

More About Greenlite

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