From 2009 - 2020, the United States built fewer new homes than nearly every year since 1968.
This has resulted in the US housing supply to be 5,500,000 homes short of demand.
The supply and demand imbalance has created an affordability crisis.
Granite Lifestyle exist to solve the affordability crisis by developing manufactured housing communities in growing Sun Belt markets.
We believe manufactured housing is the solution because manufactured homes are 30-60% less expensive to build as compared to traditional stick built homes.
This cost savings does not sacrifice quality - today's manufactured homes have a useful life of greater than 55 years.
In spite of the significant advantages, manufactured home communities ("MHC") are disappearing due to NIMBYism (Not in my backyard). This is why Granite Lifestyle is focused on sites outside of city limits or within ETJs (Extra Territorial Jurisdiction).
The Granite Lifestyle team has a diverse background in the real estate and finance industries. To date they have delivered 55 pad sites in Texas.
The Granite Lifestyle is currently developing a 138 unit community in Salado, Texas.
The Granite Lifestyle is seeking to develop 5,000 units across the sunbelt.
Granite stands for our strong founding principals -risk mitigation, superior product, and cost controls. Lifestyle stands for our product offering. Sunbelt renters do not want to live in a Manhattan shoe box - we are selling the sunbelt lifestyle.