The Firm
The Firm
Land is the only real estate input you cannot manufacture.
LimeStone is an institutional land investment platform. We acquire raw and pre-entitled land in the path of Sun Belt growth, guide it through entitlement, and deliver finished, development-ready positions to the nation's homebuilders, commercial developers, and public partners.
The Thesis
We invest ahead of the path of growth.
The Sun Belt is absorbing millions of new residents, jobs, and logistics demand faster than developable land can be entitled to meet it. That structural imbalance — not leverage, not financial engineering — is the source of durable land value.
LimeStone is built to capture it. We identify land in the trajectory of demonstrable population and employment growth, secure it patiently, and create value through entitlement, planning, and infrastructure sequencing rather than through market timing. LimeStone operates with institutional-grade platform governance across acquisition, entitlement, and disposition.
- Buy ahead of the path. Acquire before infrastructure and rooftops arrive, when basis is lowest.
- Create value through entitlement. Convert raw acreage into approved, development-ready lots and pads.
- Hold longer than anyone else will. Patient capital structured for multi-year entitlement horizons.
Headquartered in Dallas
Rooted in the Sun Belt's fastest-growing corridor.
The Value Lifecycle
From raw acreage to finished, development-ready land.
Value compounds at each stage of entitlement. LimeStone owns and manages the full lifecycle in-house.
Every position moves through a disciplined investment process — from parcel-level diligence and GIS analysis to zoning strategy and municipal approvals. LimeStone underwrites entitlement risk with a decade-forward view before a single dollar is committed.
Raw Land Acquisition
Assemble positions in the path of growth at pre-entitlement basis.
Pre-Entitlement
Diligence, zoning strategy, and stakeholder alignment.
Active Entitlement
Rezoning, platting, and municipal approvals over 24–60 months.
Finished Lots
Deliver approved, development-ready lots and commercial pads.
Infrastructure Finance
Structure roads, utilities, and public improvements for offtake.
Where We Invest
Eight land strategies. One disciplined platform.
Residential & MPC
Master-planned community and residential land assembly in high-growth suburban corridors.
Explore Fund IIIIndustrial & Logistics
Land for distribution, logistics, and technology infrastructure near freight and power.
Explore Fund IVTransit-Oriented
Urban infill and transit-oriented development land inside established growth cities.
Explore"Buy ahead of the path of growth. Hold longer than anyone else will."
Alexandra Pohl · Founder & CEOEvery LimeStone fund is aligned with its investors by design: a meaningful GP commitment, a European whole-fund waterfall, and carried interest earned only after a preferred return.
- 2% GP commitment across every fund — our capital beside yours.
- 9% preferred return, compounded, before any carried interest.
- European whole-fund waterfall with full clawback and escrowed carry.
Invest in the ground beneath growth.
LimeStone partners with institutions, family offices, and qualified investors seeking durable, real-asset exposure to Sun Belt land.