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Real Estate

Unlocking Real Value with Proven Strategies

Experienced capital partner working with entrepreneurial and institutional real estate operators and sponsors.
Real Estate

Blue Water Companies’ real estate platform makes strategic investments with fund managers, development sponsors, and general partners that have a track record of operational excellence and full deal cycle execution.

From multi-family projects serving communities with workforce and affordable housing needs to single tenant net leased retail, Blue Water Companies is agnostic across property types and asset classes.  The firm remains flexible on a deal-by-deal basis with the ability to quickly act on debt or equity opportunities.  We are limited only by a geographic preference for the Intermountain West and Midwest regions.

Our real estate work reflects founder Jett McCandless’s philosophy: invest in properties and partners who strengthen local communities and build lasting, meaningful value.

Community-Centered Development

Our Real Estate Investment Approach

Community-Centered Development

We prioritize projects that serve community needs – workforce housing, mixed-use development, responsible commercial use, and sustainable real estate solutions.

Operational Excellence

We partner with sponsors, fund managers, and developers with proven execution across full deal cycles, ensuring disciplined operations and long-term success.

Flexible, Strategic Capital

We approach each opportunity with flexibility, providing debt or equity based on project strategy, timing, and community purpose.

Sustainable Impact

Every investment is evaluated for long-term environmental responsibility. Our commitment to sustainability includes reducing environmental impact across developments and supporting partners aligned with our net-zero philosophy.

Operational Excellence

Focus Areas of Investment

Value-Add Properties

We invest in assets where renovation, modernization, or repositioning can unlock substantial long-term value and community benefit.

Opportunistic and Special Situations

We explore opportunities that require creativity such as distressed assets, redevelopment zones, and high-barrier-to-entry markets.

Joint Venture Partnerships

We collaborate with developers whose values align with ours, ensuring shared goals around community, sustainability, and operational performance.

Workforce and Affordable Housing

We support housing initiatives that give individuals and families stable, attainable places to live, strengthening local economic growth.

Our Commitment to Responsible Development

For Blue Water Companies, real estate isn’t just an asset; it’s an opportunity to contribute to stronger communities, sustainable growth, and long-term impact.

We invest with intention, stewardship, and an eye toward future generations.