Commercial

Our entry into commercial real estate grew out of market reality.

During and following COVID, residential property prices rose far faster than rents. While our existing residential portfolio continued to perform well, the economics for new residential acquisitions no longer supported our long-term, operations-first approach. We could have chased appreciation, but speculation has never been our strategy.

Instead, we shifted our focus toward projects where value is created through partnership, execution, and community relevance.

That shift led us to Central Park, a Denver neighborhood previously known as Stapleton, where we were introduced to a local entrepreneur building something intentionally different: a group of neighborhood-anchored food and beverage businesses designed to serve an underserved area.

Through this relationship, we became a major partner in the development of a new commercial building and a supporting partner in the businesses that operate within it, collectively known as The Pearl Collective.

The Pearl Collective includes:

• Pearl Market — a neighborhood market and eatery focused on quality ingredients, prepared foods, and everyday essentials
  https://thepearlcollectiveco.com/pearl-market
  
  

• Pearl Wine Company — a curated wine and beverage shop emphasizing approachability and thoughtful selection
  https://thepearlcollectiveco.com/pearl-wine-company
  
  

• Carmella’s — a community restaurant offering coffee, pizza, and small-batch ice cream
  https://thepearlcollectiveco.com/carmellas
  
  

Rather than traditional retail tenants, these businesses were built with a shared goal: create places people return to, not just transact with. Our role has been to support the physical development and long-term stability of the project while backing operators deeply invested in the neighborhood they serve.

This project represents our first commercial development and reflects how we approach commercial real estate more broadly — backing strong operators, prioritizing community-driven locations, and investing in assets designed to endure rather than chase short-term trends.