Convergent real estate

Your land can earn more than a sale. Rent + Energy + Compute.

Greenlight partners with landowners through joint ventures that add attainable housing, energy microgrids and small modular data centers to new residential communities. Landowners can now earn new energy and compute revenue and build a stronger investment exit than housing development alone.

Rent: build-to-rent homes Energy: community microgrid Compute: ~1MW modular data center
One parcel · two paths
MICROGRID solar · storage DATA CENTER ~1MW modular HOMESITES · BUILD-TO-RENT
Income streams
Rent + Energy + ComputeOne-time sale price
Landowner stake
Kept in the JVGone at closing
Exit
Planned at stabilizationCapital gains tax up to 24% without identified 1031 exchange property within 45 days of closing

Illustrative site plan. Each project is sized to its own site.

Who we are

Developers who have taken projects all the way to institutional exit.

Every site now holds a different future. Greenlight turns under-realized land into a shared development vision, a structured partnership, and an agreed path to value realization.

Created
$500M+

Co-developed CRE exit valuations.

Exits
10+

Institutional CRE exits, including Shops at Starwood, Shops at Highland Village and Frisco Market Center.

Years
50+

Combined team experience across real estate, energy, compute and capital.

Your land. Our development team. One shared revenue stack.

Approach

Design first. Develop when aligned.

From site selection to exit, we pair our proprietary site intelligence platform with land professionals, energy asset developers and technology providers to de-risk every phase.

01 · Diagnose & design

Read the opportunity.

Site intelligence, policy context, market signals, physical constraints and stakeholder realities. We study the site, ecology, infrastructure and the people a place may serve. That work shows what is possible and what should not be forced.

02 · Deal structuring

You keep a stake.

We turn findings into a development hypothesis with explicit risks and defined decision gates. Contribute land into the JV instead of selling it outright. We structure the special purpose vehicle that aligns landowners, investors and partner-operators.

03 · Develop & define the exit

Carry it to value.

Greenlight carries the development work: entitlement, design, energy and compute partners, capital and delivery. Each project has a capital plan for sale or recapitalization at stabilization, not an indefinite hold.

Site intelligence→Development hypothesis→JV / SPE→Entitle & build→Stabilize→Exit
What we do now

The Villages at Lone Pine.

Edgewood, New Mexico · 200-acre master-planned community

A 55+ active living community with power and compute built in.

Greenlight is co-developing the initial 10-acre housing phase, now in conceptual engineering. Plans include high-end prefab homesites with shared amenities and an on-site energy microgrid.

  • Shared EV proptech
  • Private lagoon pool
  • Compute / office amenities
  • Wellness areas
  • Microgrid energy
Conceptual engineering
Phase 1: 10 acresMaster plan: 200 acres
100+ homesites
Custom-designed Clayton Homes
2028 delivery
Subject to forthcoming housing regulations
Build to rent
Institutional exit in 4 years
A Greenlight – MBI Commercial Real Estate Joint Venture
Visit the MBIER project joint venture website at mbienergyrealty.com
Why Greenlight

De-risking every phase of real estate, energy and compute development.

Proprietary technology plus decades of hands-on development gives our partners an edge at every stage.

Income

Multiple income streams, one project

Build-to-rent homes, a community microgrid and a ~1MW modular data center.

Structure

Aligned joint ventures

Structures that align investor, landowner and strategic co-development partner incentives.

Infrastructure

Energy and technology built in

Integrated infrastructure for next-generation sustainability and rent growth.

Experience

50+ years combined

Real estate development, retail energy asset management and compute infrastructure.

Entitlement

Land planning expertise

Proprietary entitlement and land planning across Texas and beyond.

Intelligence

AI-driven site intelligence

A platform designed by land planners and developers to de-risk every phase.

Contact

Bring the site. Bring the hard questions.

Tell us about your land and we'll show you what it could become.

Office
12 Cowboys Way, Suite 300, Frisco, TX 75034
Richard Geil
Richard Geil JV Development Lead Principal Greenlight Joint Ventures Connect on LinkedIn