Platform Ventures

Austin-based Santa Rita Ranch Master-Planned community has once again made RCLCO’s mid-year master-planned communities Top 50 ranking, coming in under the Top 20. While interest rates continue to be elevated and economic uncertainty lingers, Texas has ranked as the top performer in terms of home sales, representing 39% of all ranked master-planned communities. One of Platform Ventures’ first large land acquisitions occurred in Texas over 16 years ago. To read the full report, click here: https://lnkd.in/gR8zwxdy

Vertical Cold Storage adds a 10th facility to its cold storage network in the the rapidly growing Southeast United States. To read more, the full press release can be found here: https://lnkd.in/gVSvJFgx

Vertical Cold Storage's first development project located in Kansas City, MO is making great strides and is expected to deliver in the fourth quarter of 2024. Acquired in November 2023, the 32-acre site within an industrial park will be a Class-A cold storage facility with ~46,500 pallets, adding to Vertical Cold Storage’s expanding cold storage network.

Construction is advancing on the multi-use properties situated along Wilshire Boulevard in the vibrant Koreatown submarket of Los Angeles. Once completed, the first building will be a newly constructed, seven-story, 170-multifamily unit building with 2,600 square feet of retail. The second building will be the renovation of an existing five-story historic building into 107 multifamily loft-style units and 30,000 square feet of retail. Both are expected to deliver in February 2026.

Since 2015, Platform Ventures has partnered with First Continental to provide non-recourse lot acquisition and development financing to homebuilders. Today, our national footprint expands across 15 states, and includes 240+ loans that financed over 17,400 lots and generated over $1.03 billion in origination volume with zero defaults. As homebuilders navigate today’s tough lending environment, we look forward to providing real estate credit to the homebuilding community.

In June, the Platform team participated in the firm’s inaugural wiffle ball game, trading in keyboards for wiffle ball bats and an afternoon of friendly competition and camaraderie. At Platform, we know that strong teams are built on more than just work achievements—they're built on shared experiences and mutual support. Events like these remind us of the incredible people we work with and strengthen the foundation of our collaborative spirit. To learn more about Platform Ventures visit our website here: www.platformv.com

Platform Ventures, in partnership with Vertical Cold Storage, has entered into a purchase agreement to acquire its 10th facility to add to its growing cold storage network. The facility, located in Dothan, Alabama, is more than 109,000 square feet with 10 dock doors and will focus on poultry for export markets. The facility is close to several interstate highways, enabling less than one day delivery to several port markets. This acquisition exhibits Vertical Cold Storage’s commitment to the protein industry and to building a nation-wide network of high-performance cold storage facilities. Read more in the press release here: https://lnkd.in/gVSvJFgx

Platform Ventures supports Governor Mike Parson’s new legislation to help pave the way for billions in business investment and thousands of high-paying jobs in the coming years to Kansas City with the signing of SB 1388.

Platform Ventures’ Housing Platform has recently closed on the sale of 90 homesites in Mesa, Arizona to Landsea Homes. The sale of the 14.5-acre site aligns with Platform’s strategy to capitalize on rising land values to achieve targeted returns, while maintaining the flexibility and commitment to develop other Build-for-Rent sites in the market.   

Platform Ventures is proud to announce that Vertical Cold Storage has officially grown to be one of the Top Ten largest cold storage platforms in the United States, ranking 6th, by the Global Cold Chain Alliance. Cold Storage is an industry situated at the intersection of real estate and critical infrastructure faced with underlying supply/demand drivers as the world’s population grows. Led by a seasoned team of industry experts, Platform Ventures is committed to advancing the Vertical Cold Storage platform. Through a strategic combination of people, processes, and technology, coupled with an extensive sourcing network, our goal is to expand this essential sector to meet growing demands across the nation. To access the full ranking list please visit: https://lnkd.in/gcuBcgaG?