LandSpire Group

What LandSpire Group does

LandSpire Group is a U.S. real estate private equity firm founded in 2019 by Josh Childress and Justin Davis, former Stanford classmates whose careers converged around a shared conviction that housing is a pathway to long-term financial mobility. The firm invests in ground-up housing developments in select markets experiencing affordability challenges and supply imbalances, with a stated focus on historically overlooked and underserved communities and a philosophy of honoring existing residents and culture while supporting resilient, self-sustaining growth.

Its product surface is a portfolio of five disclosed development projects totaling approximately 963 units across California and Nevada, spanning deeply affordable (income-restricted) housing, non-subsidized workforce housing, market-rate multifamily, and mixed-use developments with ground-floor retail. Notable projects include the 75-unit 1434 W. Compton Blvd affordable project (50% permanent supportive housing for Transitional Age Youth, coming 2027), the 376-unit modular The Parkline in Los Angeles (completed 2026), the 294-unit The Ellison in Las Vegas, the 127-unit Lumia in Azusa, and the 91-unit Edgeway mixed-use project in Bellflower. The firm emphasizes modular construction and transit-oriented siting at select projects.

The business model is that of a private equity sponsor: returns are generated through equity investments realized upon project completion, refinancing, or sale, with capital sourced via private placements and direct capital partnerships with institutional investors through a dedicated AppFolio-hosted investor portal. The go-to-market is sales-led and relationship-driven, targeting impact-aligned institutional investors. No public pricing, fund size, or revenue figures are disclosed; the firm is privately held by its two co-founders with no external parent company identified.

Name

LandSpire Group

Legal name

LandSpire Group

Website

https://landspiregroup.com

Company type

Private

Founded year

2019

Operating status

Operating

Headcount range

1–10 employees

Short description

LandSpire Group is a U.S. real estate private equity firm founded in 2019 that invests in ground-up affordable and workforce housing developments in supply-constrained markets, serving institutional impact-aligned investors through a portfolio of five projects totaling approximately 963 units across California and Nevada.

Ownership category

akta.pro rank

Product category

Real Estate Private Equity — Affordable and Workforce Housing Development

NAICS

Land Subdivision (23721), Lessors of Real Estate (5311)

SIC

Land Subdividers & Developers (No Cemeteries) (6552), Real Estate Dealers (For Their Own Account) (6532)

akta.pro primary industry

Real Estate Development Asset Management (Project/Construction-to-Stabilization) (BPAJAMAL)

akta.pro secondary industry

Real Estate Investment Management (Acquisitions & Dispositions) (BPAJAMAK)

Keywords

• Real estate private equity
• Affordable housing development
• Workforce housing investment
• Ground-up developments
• Impact real estate investing

Headquarters

HQ city

Irvine

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Operations, Personnel, Marketing or Sales, Supply Chain, Others

Revenue model

1. Real estate investment returns: Generates returns through equity investments in ground-up housing development projects. Returns realized upon project completion, refinancing, or sale.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels2 records

Core offering

LandSpire Group is a real estate private equity firm that raises capital from institutional investors and deploys it as equity into ground-up housing development projects in U.S. markets with housing affordability challenges and supply imbalances. The firm develops and holds a portfolio of affordable, workforce, and mixed-use residential projects across California and Nevada, with returns realized upon project completion, refinancing, or sale.

Product overview

LandSpire Group operates as a real estate private equity firm specializing in ground-up housing developments across select U.S. markets. The company's portfolio consists of five distinct development projects spanning affordable housing, workforce housing, and mixed-use residential properties in California and Nevada. Projects include the 75-unit affordable housing development at 1434 W. Compton Blvd, the 376-unit modular workforce housing project The Parkline in Los Angeles, the 294-unit multifamily development The Ellison in Las Vegas, the 127-unit mixed-use Lumia project in Azusa, and the 91-unit Edgeway mixed-use development in Bellflower.

Differentiator

Problem solved

Functional benefit

Products and services

• 1434 W. Compton Blvd A 75-unit affordable housing ground-up development in Compton, California, with studio, one-bedroom, and two-bedroom units restricted at or below 50% of area median income; 50% of units are designated as permanent supportive housing for Transitional Age Youth, and the remaining 50% as general affordable housing.
• The Parkline A 376-unit modular ground-up development of non-subsidized affordable workforce housing in Los Angeles, California, built for working Angelenos with contemporary design and urban convenience at the crossroads of Chinatown, Downtown LA, Solano Canyon, and Lincoln Heights.
• The Ellison A 294-unit multifamily ground-up development in Las Vegas, Nevada, situated along the I-215 Freeway in The Curve area, featuring a fitness center, courtyard with common areas and barbecues, rooftop pool and spa, and a clubhouse with demonstration kitchen.
• Lumia A 127-unit mixed-use workforce housing ground-up development in Azusa, California, with 10K SF of ground floor retail, a public outdoor plaza, and amenities situated next to the historic downtown district.
• Edgeway A mixed-use ground-up development in Downtown Bellflower, California, featuring 91 luxury apartments and approximately 14,000 SF of retail, located on Bellflower Boulevard near the future West Santa Ana Metro line.

Quantifiable outcome

• For every $1.00 invested in affordable or workforce housing development, local economies see a return of $1.30 to $1.90 in economic activity
• +1 more outcomes

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Scale indicators3 records

Recent moves5 records

Expansion highlights5 records

Direct peers

• The Community Builders: National nonprofit developer of mixed-income and affordable housing in underserved urban neighborhoods. Comparable to LandSpire in community-oriented development philosophy and product mix.
• Jonathan Rose Companies: Impact-focused real estate investment and development firm pursuing affordable and mixed-income housing. Comparable to LandSpire in combining financial returns with measurable social impact in underserved markets.
• Avanath Capital Management: Workforce and affordable housing investment manager. Comparable to LandSpire in targeting institutional capital for impact-aligned multifamily development in supply-constrained markets.
• Enterprise Community Partners: National impact real estate investor and developer with deep affordable housing expertise. Comparable to LandSpire in deploying catalytic capital into ground-up affordable and workforce developments.
• The NRP Group: National multifamily and affordable housing developer that invests in ground-up development using LIHTC and conventional financing. Comparable to LandSpire in product type, financing structure, and target resident segments.
• L+M Development Partners: Affordable, mixed-income, and market-rate housing developer with a strong urban focus. Comparable to LandSpire in ground-up development activity and emphasis on workforce/affordable product.
• BRIDGE Housing: California-focused nonprofit developer of affordable and workforce housing. Highly comparable to LandSpire for its geographic concentration in California and mission-driven approach to serving underserved communities.
• WNC & Associates: LIHTC syndicator and affordable housing investor active in ground-up development. Comparable to LandSpire in capital deployment strategy and resident segment targeting.
• Mercy Housing: National nonprofit affordable housing developer operating across multiple states. Comparable to LandSpire for its focus on affordable and supportive housing serving lower-income residents in underserved markets.

Broad incumbents

• Related Companies: Large-scale national developer with significant affordable and mixed-income housing programs. Broader and more diversified than LandSpire, but overlapping in affordable and workforce housing product.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/landspire-group

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about LandSpire Group