5 Barefoot Lane, Hypoluxo Island at dusk
Boca Raton · Palm Beach

Coastal lots.
Custom builds.
Capital discipline.

South Florida custom coastal builds, paired with a Southeast multifamily acquisitions program. One investment platform, one underwriting standard, two complementary tracks.

Custom Builds Boca → Palm Beach Multifamily Southeast U.S.
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5 Barefoot Lane interior, waterfront living
In the Field

Discipline at acquisition. Craftsmanship at delivery.

5 Barefoot Lane  ·  Hypoluxo Island, FL
The Platform

One platform. Two markets.
One standard.

Lot 29 runs two distinct real estate programs from a single sourcing and underwriting engine. Custom coastal builds are concentrated in Palm Beach County, from Boca Raton to Palm Beach, where we acquire distressed teardown lots and construct $5–$12M finished-tier residences. Multifamily acquisitions run across the broader Southeast Sun Belt, where institutional-quality assets clear at a basis our discipline can underwrite.

The geographies are different on purpose. Each track operates in the market where its math works. Both tracks share a single underwriting standard, the same investment committee, and the same construction and sourcing relationships.

2
Active Tracks
PBC + SE
Geographies
$5–50M+
Equity Per Deal
LLC-by-LLC
Deal Structure
5 Barefoot Lane custom build
Completed 2026
Track I · Build Program
Where Boca Raton → Palm Beach

Custom Coastal Builds.

Ground-up custom spec residential at the $5–$12M finished tier. We acquire distressed coastal teardown lots at the right basis, construct custom homes with credentialed build operators, and exit at the finished-tier market premium.

Our team has delivered finish-tier residences above $13M in the same submarkets. Lot 29's product is positioned across the $5–$12M finished band, built to the same construction standards and finish quality.

Geography
Boca to Palm Beach
Finished Tier
$5–12M
Hold Period
18–24 mo
Multifamily reference, Class A garden community at dusk
Active · Sourcing
Reference architecture · target asset profile
Track II · Acquisitions Program
Where Southeast Sun Belt

Multifamily Acquisitions.

Class A and Class B multifamily across the Southeast Sun Belt. We're actively sourcing stabilized and light value-add opportunities in markets where job formation, in-migration, and household formation are still meaningfully outpacing new supply.

Our acquisition footprint covers Florida, Georgia, South Carolina, North Carolina, and Tennessee. Target profile: institutional-quality assets of 200+ units, where scale supports professional management and the demographic tailwind is strongest.

Geography
FL · GA · SC · NC · TN
Unit Count
200+ units
Asset Class
Class A & B
860 Gloucester Street, Boca Raton
In the Field

Underwritten the same way. Built to the same standard.
Across every property.

860 Gloucester Street  ·  Boca Raton, FL
The Approach

Three principles, applied to every deal.

The same underwriting discipline runs across both tracks. Whether we're buying a teardown lot or evaluating a 200-unit garden community, the questions are the same and the answers have to be quantified.

The Standard
We Hold
Our team has underwritten alongside institutional capital, including Carlyle, Nuveen, and other major funds. The same rigor they apply at the $500M+ deal level is the standard we apply to every check we accept.
i.

Capital discipline.

Most private real estate sponsors at our check size show investors a single base case, marketed as conservative, that quietly requires a perfect environment to clear. We don't operate that way. Every deal is stress-tested the way an institutional allocator would test it: construction cost overruns, interest rate shocks, hold-period extensions, exit cap rate expansion, and lease-up delays modeled against a base case that already assumes a slower market than today's. If the downside case still produces a positive return, the deal earns a check. If it requires a perfect environment to clear, we pass, and we tell our partners exactly why.

ii.

Operator execution.

Capital alone doesn't manufacture value, the operator does. The build and property management teams executing every Lot 29 deal are already in place. Credentialed, submarket-experienced, and accountable to verifiable track records on the assets they've delivered. Their vendor networks, subcontractor relationships, and on-the-ground market intelligence are what turn an underwritten model into a delivered asset, on schedule, on budget, and to the standard our investors expect.

iii.

Investor transparency.

Family offices and HNW partners receive the same caliber of reporting that institutional LPs demand from billion-dollar funds. Quarterly performance reports with variance against original underwriting, deal-level financial controls, real-time portal access to documents and distributions, and direct line-of-sight to the principals on every deal. No surprises, no spin, no quiet repositioning of the story when a deal moves off plan.

The work, in the field.

The build track, in execution. Boca Raton and Palm Beach County, delivered at the finish tier and craftsmanship standard our team brings across the program.s bringing to its current pipeline.

5 Barefoot Lane at dusk
Featured Project · Completed 2026
5 Barefoot Lane, Hypoluxo Island
860 Gloucester Street
Reference Build · Completed 2024
860 Gloucester, Boca Raton
5 Barefoot interior
Interior · Living
5 Barefoot, interior
860 Gloucester pool
Exterior · Pool
860 Gloucester, pool
Become a Partner

Capital partners,
let's talk.

Lot 29 is currently accepting commitments from accredited investors and family offices for both the build track and the multifamily acquisition pipeline. We share the platform overview deck, current pipeline, and underwriting methodology with prospective partners on request.

Inquiries
partners@lot29capital.com
Geography
FL · GA · SC · NC · TN
Tracks
Builds + Multifamily
Status
Actively deploying
Request the Deck

Tell us a little about your interest.

This is not an offer to sell or a solicitation to buy securities. All offerings are made by separate Private Placement Memorandum on a deal-by-deal basis.