Standard Communities

Overview

Standard Communities is a prominent real estate investment firm dedicated to the development, acquisition, renovation, and preservation of affordable housing nationwide. With a portfolio exceeding 28,000 units across more than 195 properties in 22 states and Washington, D.C., the firm is headquartered in Los Angeles and New York City, with regional offices in Washington, D.C., Chicago, Charleston, and Orange County, California. Their mission is to provide high-quality, healthy, and sustainable housing solutions for individuals of all income levels. The firm's investment strategy focuses on creating, preserving, and improving workforce housing through public-private partnerships. By leveraging their expertise in development, acquisitions, renovations, and construction, Standard Communities aims to enhance the quality of life for residents and contribute to the revitalization of communities. Their approach includes investing in capital improvements and addressing deferred maintenance to ensure long-term affordability and resilience of the properties. Standard Communities has demonstrated a strong track record in expanding its portfolio and entering new markets. Notably, in November 2024, the firm acquired a $1 billion portfolio of over 6,000 affordable housing units across more than 60 communities in four states, marking one of the largest affordable housing transactions of the year. This acquisition expanded their presence into Arizona, Colorado, and Texas, while significantly growing their California portfolio. The firm continues to pursue strategic investments to further its mission of providing affordable housing solutions across the United States.