Blevins Investment Group partners with municipalities, capital sources, and communities to transform underused historic properties into lasting value — nationwide.
“Our team is particularly drawn to historic buildings with structural deficiencies or environmental hazards — the properties others pass by are exactly where we create the most value.”
From acquisition through stabilization, we manage every layer of development, financing, and public-sector coordination in house.
We are actively engaged in the acquisition and adaptive reuse of abandoned or otherwise underutilized historic mill, factory, office, hotel, warehouse, and multifamily apartment buildings.
Ideal properties may be located anywhere in the country, so long as they are in or adjacent to urban areas and sized from fifty thousand to one million square feet.
Our team of experienced developers and investors is particularly interested in historic buildings with structural deficiencies or environmental hazards requiring remediation, abatement, and restoration.
Our expertise in securing tens of millions of dollars of federal, state, and local tax credits and abatements on a typical project brings substantial new sources to a traditional capital stack.
Many of our privately-developed projects obtain greater than 90% of their funding from a patchwork of public sources — municipal, state, and federal.
Our tax credit projects have utilized private activity bond financing (PAB), Low-Income Housing Tax Credits (LIHTC), New Markets Tax Credits (NMTC), Historic Rehabilitation Tax Credits (HTC/HRTC), Opportunity Zone Tax Credits, low-interest EPA Brownfields revolving loans, private, state, and municipal grants, and soft debt from public and private lenders.
We have obtained tens of millions of dollars of federal and state historic rehabilitation tax credits on each of dozens of properties across the country.
We take a proactive approach in working with the National Park Service and state historic preservation offices to head off potential issues before they arise, saving projects months of valuable time and expense.
When necessary, we engage historic consultants and environmental engineers at negotiated rates to lend expertise and prepare documents including Parts 1–3, Section 106, and NEPA.
We cultivate and maintain relationships with key decisionmakers at all levels of government.
Working with officials at municipalities, state agencies, and federal offices during all stages of project development — from site selection to certificate of occupancy straight through into the operational period — we work to build support for the project from the people critical to its success.
The value of personal relationships — not only with elected officials and agency heads, but also with mid-level managers — streamlines project timelines, minimizes costs, limits unforeseen risk, and provides an early warning of potential issues.
We start early in the pre-development process, both engaging community stakeholders and developing relationships with zoning, planning, and permitting officials to ensure timely receipt of entitlements.
Complex processes involving public comment and multiple regulatory entities with simultaneous jurisdiction are our specialty. Whenever necessary, we obtain and manage local land use counsel.
We do not do this work from the comfort of our offices, but from early mornings and late nights spent at city halls and state legislatures. It is the only time-tested way we know of to get things done.
We utilize our extensive professional experience as developers of large, complex, challenging real estate projects to advocate for beneficial changes to laws and policies affecting the availability of affordable housing and the preservation of historic buildings.
We leverage both our experience in government and empirical research to effect the policy outcomes that our clients and our own projects demand.
We are actively acquiring historic and underutilized buildings sized from fifty thousand to one million square feet, in or adjacent to urban areas.
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