"If the art of shipbuilding were in the wood, ships would exist by nature." - Aristotle
What it takes to successfully develop and manage properties is unique to every project. The process used for one property may not work for the next, and each one requires a unique vision and the execution to bring it to life. With this philosophy, our real estate investment firm, Gold Sail Real Estate, works with our clients to acquire properties that achieve their goals and to develop the communities of tomorrow.
Our portfolio is focused on residential, mixed-use, and commercial properties, and is based upon our company-wide investment approach: to mitigate risk exposure, generate competitive returns, and bring upon a positive impact throughout the community.
At this time, the firm is organizing a four project development in Lafayette and West Lafayette that will have an estimated value of approximately $26.5 million once completed. The project includes acquiring a residential building in Lafayette, redeveloping a commercial building in Downtown Lafayette, developing a multi story mixed-use building in Downtown Lafayette, and building duplexes and multi-family units in West Lafayette. The first few phases are underway and the subsequent phases will begin in the late summer of this year.
Information on any private offerings at this firm is only available to existing investors and previously qualified individuals and institutions of appropriate sophistication and net worth, and is not available to the general public.
- Development Projects Underway -
The firm is moving forward with plans to restore an existing 3-story building and redevelop it into a mixed-use space that will further reinvigorate the Downtown Lafayette community. The first floor will feature a new restaurant, the “Golden Bull”, by Todd McGraw (owner of McGraw’s Steak Chop & Fish House in West Lafayette) while the second and third floors will be converted into commercial office space that will become home to FRG Lafayette and Gold Sail Capital.
The nearly 7,000 square foot, 3-story structure was originally built around the 1870s and has been used for shoe manufacturing, music publishing, and electronics manufacturing over its historic lifespan. However, since the late 1940s, the building has served as a storage warehouse and has sat quietly in the shadows of what was once a bustling factory district. The firm’s ultimate vision for the project is to bring the building back to life and turn the surrounding area into an epicenter of innovation for the City of Lafayette.