RangeWater Investment Management

RangeWater concentrates on high-growth Sun Belt metros, a strategy established by its founders who previously covered the region at Trammell Crow Residential. Core markets include Atlanta, Dallas-Fort Worth, Denver, Tampa-St. Petersburg, and Charlotte. The firm favors submarkets with employment growth tied to corporate relocations or infrastructure spending rather than speculative demand.

The firm develops primarily garden-style and mid-rise wood-frame apartment communities ranging from 200 to 400 units. Product segments include both market-rate communities and attainable housing. Brands such as 'The Bexley' and 'The Kelton' are used across stabilized projects in the portfolio.

RangeWater's model combines merchant-build risk with a stabilized fee-income engine from third-party management. This structure provides cash flow during periods when development starts slow — meaningful when construction financing costs are elevated. The management business also allows the firm to stay embedded in operating data even when its own pipeline is throttled, positioning it to accelerate development once capital-market conditions improve.