Our team has consulted on commercial, rental, and LIHTC projects while working on a variety of residential and mixed-use projects from pre-development to positioning, branding and leasing.
BD offers a refreshing, diverse, and tailored approach to Raleigh’s the real estate ecosystem.
Low Income Housing Development
Our partners have achieved successful affordable housing solutions. Because our founder grew up in the rapidly-changing zip code that makes up SE Raleigh, his focus is on long-term, equitable development, and educating legacy residents on ways to unlock inherent value through community outreach.
Did you know that 24% of Raleigh households have cost burdens (118,614 residents), while the average HH income is $73k?
With a median monthly housing cost of $1153.00, Raleigh is a prime area for increased affordable housing.
What the numbers don’t say is how this is affecting Raleigh’s working class and working poor in terms of transportation, situational homelessness, and economic displacement due to lack of affordable shelter.
Our team’s overriding objective is to create affordable and mixed improve properties** near amenities everyone should have access to, to create communities Triangle residents are proud to call home.
Our current portfolio consists of historic downtown revitalization properties, and HD raw land. These assets are slated for inclusive coworking, service industry SMBs, and value-add hospitality opportunities.
Our investors have a current appetite for distressed commercial assets that are market- and underrepresented-community owned.
Contact us today to work with us or find out about our current projects.