Announcing our latest investment in affordable housing with Jonathan Rose Companies

New Summit is pleased to announce our investment with affordable housing acquisition and development firm Jonathan Rose Companies, a renowned national development, owner’s representative, and investment management firm dedicated to strengthening communities of opportunity through innovative real estate solutions.

 

 

Since its founding in 1989, Jonathan Rose Companies has been a leader in community development. Their work encompasses various aspects of community health, including the preservation of green, affordable, mixed-income, and senior housing, as well as cultural, health, and educational infrastructure. Their vision includes advocating for the enrichment of neighborhoods with parks, nature, mass transit, job opportunities, healthful food, and places of contemplation.

With over $4.2 billion of community-enhancing work completed, Jonathan Rose Companies has established itself as a pioneer in design excellence and sustainability. Their successful community development models have garnered recognition and awards from esteemed organizations such as the Urban Land Institute, the National Trust for Historic Preservation, the American Planning Association, and the American Institute of Architects.

What sets Jonathan Rose Companies apart is the expertise of its employees, who possess diverse skills in design, financing, development, construction management, property management, and social service delivery. By leveraging this comprehensive skill set, the firm consistently delivers innovative and replicable solutions that benefit residents, communities, and cities.

New Summit is proud to be investing in Jonathan Rose Companies once again. This strategic partnership marks our tenth investment from Fund III and demonstrates our belief in the significant impact the firm has achieved. As a private market impact strategy, we are committed to investing in organizations that prioritize environmental and social impact. Jonathan Rose Companies aligns perfectly with our vision of fostering sustainable, equitable, and resilient communities.

The partnership between New Summit Investments and Jonathan Rose Companies represents a powerful alliance aimed at creating positive change. By combining our shared values and expertise, we are confident in our ability to make a lasting impact on the development of inclusive, resilient, and thriving communities of opportunity.

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Alexandra Ellis

Partner

Alex is a Partner at New Summit Investments, leading private market research, investment manager sourcing, and due diligence.

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