LCHOME:
(970) 667-7000
LC Home, Inc. is engaged in acquisition and development of farm land as well as platted and finished lots in Northern Colorado. The principals of LC Home have developed more than 2,000 residential lots and hundreds of acres of commercial land. LC Home has completed more than 400 new homes in more than ten new home communities in Northern Colorado. LC Home will partner through sale or purchase with builders in larger PUD projects with differentiated lot size and home product. LC Home is focused on new opportunities to acquire single family and attached lots in Northern Colorado and surrounding areas.
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Sponsorship/Equity |
LC Home Funds: A series of limited liability companies structured to invest in individual assets sponsored by LC Home, Inc. and capitalized by LC Home’s principals and partners |
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Target Transaction Size Transaction Size Range |
$500,000 to $2 Million $100,000 to $5 Million |
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Transaction Structure |
All cash purchase Raw land purchase with time for completion of entitlements Entitled phased lot purchase Rolling finished lot option contract Subordinate debt lot purchase with equity partners Project based partnerships with seller equity participation upon home sale |
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Primary Geography |
Fort Collins, Loveland, Windsor, Greeley |
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Secondary Geography |
Timnath, Berthoud, Johnstown, Longmont, Wellington, Severance, Erie, Louisville, Lafayette, Firestone, Frederick |
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Location Qualities |
Infill locations between 20-75 units, suburban locations between 50-200 units, municipal water districts with favorable raw water dedication requirements, near new school, master planned community or proximity to major area redevelopment or university, urban renewal qualified areas |
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Targeted Opportunities |
Raw land with water rights, entitled or finished lots in municipal water districts, entitled or finished lots in non-municipal water jurisdictions with water, lots with entitlement issues, lots with partially complete infrastructure, and finished lots |
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Land Size Target Land Size Range |
5 - 30 acres 3 - 150 acres |
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Platted Lots Target Platted Lots Range |
20 - 75 dwelling units 20 - 200 dwelling units |
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Finished Lot Target Finished Lot Range |
3 - 25 dwelling units per takedown 20 - 75 dwelling units |
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Lot Type
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45’-50’ x 100’ front load or alley load single family 50’-70’ x 100’-120’ front load single family 70’-90’ x 100-110’ Paired home/duplex lots Townhome lots |
