Independent real estate capital
Tegra Capital
A new purpose for overlooked properties. More flexibility for everyday living.
We plan to transform suitable motels into furnished flexible-living studios—connecting independent capital, regional funds and accountable local operators.
Proposed strategy · No public securities offering · Illustrative property image
Proposed national program · not current holdings
- 40
- Regional funds
- 1,000
- Target properties
- 60,000
- Target living units
- $3B
- All-in capital target
Directional allocations across eight regions. Property availability, demographic demand and financing remain subject to validation. Living-unit target assumes 60 rooms per property.
The problem we are addressing
Life moves. Housing often doesn’t.
A work assignment, a relocation, a new chapter. Not every stay fits a long lease or a nightly hotel. Our thesis connects that in-between need with existing properties that can serve a better purpose.
For people
Between a hotel and a home.
Furnished studios designed for everyday living—with room to cook, work and settle in, where local rules permit.
For properties
Existing buildings. Overlooked potential.
Reposition suitable underperforming motels instead of starting with a new building. Condition, conversion cost and zoning determine the fit.
For capital
Local opportunities need a coordinated approach.
Bring acquisition, financing and reporting into regional funds, with smaller operating clusters and clear property-level accountability.
Investment thesis and intended benefits, not a validated market-demand study. Conversion feasibility and financial outcomes require property-specific underwriting.
The property transformation
From a room for the night to space for everyday life.
Less Stuff. More Freedom.
The Kiteville living concept: thoughtfully furnished, compact spaces and a shared courtyard. Tegra’s role is to coordinate the capital and investment discipline behind suitable transformations.
Space to cook
A practical kitchenette.
Space to work
An everyday work and dining area.
Space to belong
A furnished studio and shared outdoor space.
Intended design, not a promised amenity package. Layouts, stays and services depend on each property, operator and applicable law.
National ambition, local discipline
From regional conviction to property-level decisions.
Allocation starts with employment anchors, acquisition opportunity and cost discipline. Fund targets vary by market; each property still requires independent underwriting.
Independent capital
Tegra coordinates capital partners, investment governance and fund reporting.
Regional funds
40 proposed market funds sized by demand, sourcing fit and acquisition economics.
Operating clusters
Smaller 2–5-property groups, with drive times and shared staffing validated locally.
Property-level execution
Individual assets and SPVs with documented underwriting, financing and operating accountability.
Demographic-weighted allocation
Eight regions. Forty proposed funds.
Northeast Core
5 proposed funds · 96 target properties
$288M
All-in capital target
Great Lakes East
5 proposed funds · 141 target properties
$423M
All-in capital target
Great Lakes West
5 proposed funds · 135 target properties
$405M
All-in capital target
Midwest Central
5 proposed funds · 115 target properties
$345M
All-in capital target
Southeast Atlantic
5 proposed funds · 130 target properties
$390M
All-in capital target
Southeast Interior
5 proposed funds · 140 target properties
$420M
All-in capital target
Texas South Central
5 proposed funds · 159 target properties
$477M
All-in capital target
Western Select
5 proposed funds · 84 target properties
$252M
All-in capital target
Targets from Tegra's revised allocation workbook. Not identified properties, committed capital or a statistically validated supply study.
Acquisition discipline
Demand anchors over regional quotas.
Healthcare, logistics, manufacturing, education and workforce demand guide screening. We target generally 40–120-room assets below $35,000 per room before renovation, subject to condition, zoning and financing.
Our underwriting approach →Independent partners
Capital and operations, distinctly accountable.
Tegra leads investment coordination and governance. Kiteville is the initial, non-exclusive operator and property-data source. Other lenders, sponsors and operators may participate under deal-specific agreements.
The firm and partner model →Private investments involve risk of loss and limited liquidity. Targets and accrued preferences are not guaranteed returns or available cash. No public securities offering, purchase, or automatic redemption is available here.
Build the next regional cluster with Tegra.
Capital partners, senior lenders, property owners and qualified operators.