DEVELOPMENT

GROUND UP MULTIFAMILY DEVELOPMENT. BUILDING FOR THE FUTURE

As an industry leading developer, Ascenda Capital’s objective is to build value for its residents, investors, and partners by providing amenity-rich, high-quality housing. We leverage both our extensive collective expertise as well as our vast industry connections to identify and capitalize on unique market opportunities. Our approach involves the strategic acquisition of entitled land and the development of ground-up new construction spanning across multiple asset classes. We prioritize sustainability and positive community impact when planning and executing all of our development opportunities. Currently, we are engaged in multiple large-scale developments throughout southern California.
Through its long-term capital relationships, Ascenda Capital also partners in thoughtfully selected multifamily development opportunities throughout the country utilizing the HUD 221(d)(4) loan program. As partners in HUD 221(d)4 financed developments, we seek to minimize risk while achieving consistent returns and long term appreciation of capital. Teaming with best-in-class developers and employing a carefully-honed boutique approach, we focus on the same markets mastered in our acquisition activity.

CURRENT DEVELOPMENTS

Maison's Palmdale

AFFORDABLE HOUSING
UNDER CONSTRUCTION

Maison’s Village

AFFORDABLE HOUSING
PREDEVELOPMENT

VELLO VALLEY

MARKET RATE
PREDEVELOPMENT