

A MODERN COASTAL COMMUNITY
WITH LONG-TERM VALUE
We are introducing a rare investment opportunity in a master-planned, complete neighborhood development in Grand Haven, Michigan, one of West Michigan’s most desirable and supply-constrained lakeshore communities.
This project blends modern multifamily for-rent living, for-sale townhome condominiums, and a robust amenity package into a cohesive, contemporary coastal neighborhood designed for long-term demand and strong investor returns.
RENDERINGS

PROJECT SNAPSHOT​
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Complete Neighborhood Design
A thoughtfully planned residential community featuring modern rental housing, for-sale townhome condos, walkability, and generous green space.
Amenity-Rich Lifestyle
Resort-style spool, pickleball court, outdoor gathering areas, walking paths, and a custom clubhouse for relaxation, remote work, and larger social events.
Modern Aesthetic
A slightly modern, clean-lined design language tailored to fit Grand Haven’s coastal character.
High-Demand Market
Grand Haven continues to experience strong population growth, limited rental supply, and sustained demand from professionals, families, retirees, and seasonal residents.
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INVESTMENT STRUCTURE
​​Limited partners participate in a project-specific entity with:
• Profit participation
• GP co-investment and transparent reporting
Long-term value uplift enhanced by Brownfield incentives
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BROWNFIELD INITIATIVE ADVANTAGE​​
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The project benefits from an expanded Brownfield incentive package to be approved by the local municipality and the State of Michigan.
This incentive:
• Makes rents achievable for households under 120% AMI, significantly expanding the renter pool
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• Strengthens cash flow for more than 23 years
• Increases the present value of the asset by reducing long-term development and operating costs
• Improves affordability while preserving project quality and investor returns
• Incentive represents a powerful financial tailwind unique to this project.
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WHY THIS PROPERTY STANDS OUT
• Differentiated product in a supply-constrained lakeshore market
• Mixed-tenure strategy (for-sale + rental) enhances stability and absorption
• Long-term income strength supported by state and local incentives
• Durable demand driven by lifestyle migration and Grand Haven’s strong brand
• Experienced sponsor (IMD Capital) leading entitlement, development, and execution
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