Why This Works
We build it, then we back it.
A pure investor hires someone to tell them what a renovation costs. A pure contractor hands over the keys and never finds out how the building performs. We are on both sides of that line, and it is the only real edge in this business.
When we underwrite a deal, the construction number is not an allowance from a consultant. It is a real estimate from the people who will self-perform the framing and the finishes. When the renovation runs, there is no gap between the pro forma and the actual, because the same company wrote both numbers.
It also changes what we build. We specify the envelope, the roof, and the mechanical package the way an owner would, because on our own projects we are the owner. That instinct carries into every building we put up for a client.
What We Do
How we come into a deal
Site Selection & Acquisition
We underwrite the dirt before anyone talks about a building. Access, utilities, entitlement risk, and what the site will actually cost to make buildable.
Development Partnerships
We come in as a capital and construction partner on projects that need a builder who can also carry risk, not just bid the work.
Build-to-Suit
You need a building and would rather lease than own it. We find the site, develop it, build it, and hold it. You sign a lease, not a construction contract.
Value-Add Repositioning
Tired buildings with good bones. We buy them, price the renovation with our own estimators, perform it with our own crews, and lease them back up.
What We Look For
Our buy box
If your opportunity sits inside this, we can move quickly. If it sits just outside, tell us anyway.
- Asset Types
- Retail, industrial, flex, and small-bay commercial
- Deal Size
- $1M to $12M total project cost
- Geography
- Kansas City metro and growth corridors across Missouri and Kansas
- Structures
- Direct acquisition, JV partnership, and build-to-suit
For Landowners, Developers & Capital Partners
Partner With Trojan
Sitting on land you are not sure what to do with, or looking for a construction partner who will put their own capital in beside yours? Start a conversation. We will tell you quickly and honestly whether it is a deal we would do.