How We Work

We partner with land owners and investors in the Greater Chattanooga Region to build communities with purpose.

Here’s a bit about how we typically work with land owners:

• Introductory discussion with owner(s) about their hopes for the land and their financial expectations

• Thousand Hills Co evaluates options for development

• Thousand Hills Co presents development options to owner(s)

• Ongoing discussion between Thousand Hills Co and owner(s) about partnership and/or purchase options

• Binding term sheet or contract signed by all parties

• Single purpose entity created for development activities

• Due diligence begins (surveying, soil testing, permitting, land planning and designing, engineering, budgeting, financing, etc)

• Depending upon the results of the due diligence period, the transaction either closes or does not close

• Once closing occurs, clearing and grading begins immediately

• Mass grading, roads, and utilities are completed

• Community amenities are built

• Pre-sales begin with home builder(s)

• Home builder(s) begins purchasing lots from development company

• Development loan is paid down with the proceeds of the lot sales

• Distributions are made to all partners in the company (including the land owner(s) if applicable)

If you believe in Chattanooga like we do and you are interested in learning more about becoming an investor in our Greater Chattanooga Region-focused real estate fund, please connect with us here.