SIP Housing Initiative
SIP Housing
Transforming Vacant Commercial Space into Community Housing
We identify underperforming and vacant commercial properties and work with municipalities, developers, and investors to convert them into sustainable, community-focused housing solutions.
The Initiative
What Is SIP Housing?
SIP Housing — Surplus Inventory to Property Housing — is our initiative to repurpose vacant and underutilized commercial real estate into residential and mixed-use housing developments.
As retail landscapes shift and commercial vacancies rise, we see an opportunity to create lasting community value. By partnering with local governments, developers, and community organizations, we convert these assets into housing that serves real people.
Our team handles every stage of the process — from acquisition and entitlement to financing and development partnerships — ensuring a smooth, efficient conversion that benefits all stakeholders.
Portfolio
Featured Properties
A selection of commercial properties we have identified or converted as part of the SIP Housing initiative.
Commercial Property
Vacant retail center identified for residential conversion
Retail One
Strip mall repositioned as mixed-use housing development
Anchor Tenant Location
High-visibility commercial site near National Anchor Tenants
How It Works
Identify
We locate vacant or underperforming commercial properties in markets with strong housing demand and favorable zoning potential.
Acquire
Our team negotiates win/win acquisitions, working with distressed owners, lenders, and municipalities to structure favorable deals.
Entitle
We navigate the entitlement and permitting process, working closely with local governments to rezone and approve housing conversions.
Develop
Through our network of development partners, we bring the project to life — delivering quality housing that serves the community for decades.
Turning Vacancy Into Opportunity
Have a Property in Mind?
If you own or know of a vacant commercial property that could be a candidate for the SIP Housing initiative, we want to hear from you.