Visualization of a seven-story podium apartment community in San Diego
Current Opportunities

Ground‑up housing, priced and ready to build.

Multifamily development in San Diego and Las Vegas with completed contractor pricing. Equity is open to family offices and institutional investors. Project names, locations and terms are shared under NDA.

6Active opportunities
1,800+Homes planned
2Shovel ready
Since 1905Builder track record
Pipeline

More opportunities

Every project below has contractor budgeting already in place. Status, structure and timing vary, so tell us your mandate and we'll show you what fits.

Representative image of a downtown San Diego residential high-riseJV Equity OpenRepresentative image

Downtown Waterfront High‑Rise

Downtown San Diego

A ground-up residential high-rise with ground-floor retail in one of downtown San Diego's most walkable neighborhoods near the bay, led by a national institutional developer. Joint venture equity is being raised alongside committed construction financing.

400+Apartment homes
High‑riseTower
InstitutionalSponsor
JVEquity structure
Architect's rendering of a podium apartment communityEntitledArchitect's rendering

Neighborhood Center Residences

Coastal San Diego

A podium apartment community on part of an established, grocery-anchored neighborhood center. The zone change and development permits are approved, and the land is contributed as equity.

~225Apartment homes
5 over 2Stories, podium
~2.7 acSite
EntitledZoning approved
Visualization of a canyon-edge apartment community with ocean viewsDevelopment SiteVisualization based on massing study

Ocean‑View Canyon Site

Central Coastal San Diego

About four acres on a canyon edge high above the bay, with open ocean and sunset views. Offered fee simple with architect massing studies and contractor budgets prepared for three density options.

~4 acSite
200 to 290Homes studied
5 to 7Stories
OceanViews
Visualization of a full-block urban apartment building with ground-floor groceryPre‑DevelopmentConceptual visualization

Full‑Block Urban Podium

San Diego Urban Core

A rare full city block in one of San Diego's most walkable neighborhoods, planned as a podium community around a central courtyard, with ground-floor space sized for a national grocer and underground parking.

~375Homes planned
8Stories
Full blockSite
GroceryAnchored retail
Visualization of a seven-story apartment and hotel building in Las VegasShovel ReadyVisualization based on architect's design

Arts District Apartments & Hotel

Las Vegas, Nevada · Opportunity Zone

A seven-story apartment and hotel podium in a fast-growing downtown arts district inside a federal Opportunity Zone. The sponsor is seeking co-GP or LP equity.

~280Apartments
~100Hotel keys
7Stories
OZTax advantaged

Visualizations are illustrative and based on preliminary designs. Unit counts and details are approximate and subject to change.

Builder Track Record

T.B. Penick & Sons, building since 1905.

Our pipeline is priced by T.B. Penick & Sons, a San Diego general contractor and one of the largest concrete contractors in the country. Investors underwrite real contractor numbers from day one, from a builder with work in all 50 states and on three continents.

1905Founded in San Diego
590+Projects completed
340+In San Diego County
50States with completed work
US Grant Hotel
US Grant Hotel
San Diego Convention Center Expansion
San Diego Convention Center Expansion
UCSD Jacobs Medical Center
UCSD Jacobs Medical Center
Marriott Marquis and Marina Renovation
Marriott Marquis & Marina Renovation
4th and J Apartments, East Village
4th & J Apartments, East Village
San Diego Museum of Art Renovation
San Diego Museum of Art Renovation
USD Mission Apartments
USD Mission Apartments
San Diego International Airport
San Diego International Airport
MultifamilyHospitalityHealth CareHigher EducationIndustrialParking StructuresMilitaryCivicSeismic Upgrades
For Investors

From first call to close

Offering materials are shared with accredited and institutional investors after an NDA is signed. There is no cost to investors for our introduction.

Introductory call

Check size, structure, hold period and product preferences.

NDA

Project names, locations and offering summaries for each opportunity that fits.

Data room

Plans, contractor budget, entitlement status, pro forma, and sources and uses.

Sponsor & site

Meet the developer and builder, walk the site, and complete your diligence.

Request Materials

Tell us what you're looking for

We reply personally, usually within one business day, with an NDA and a summary of the projects that fit.

Emailsam@habibcap.com
OfficeSan Diego, California

Materials are provided only to accredited and institutional investors under NDA.