Affiliates of Paceline Equity Partners, a Dallas-based private equity firm, have acquired 17 acres in Santa Fe, NM, to develop a 183-unit build-to-rent single-family home community. This marks Paceline’s first partnership with Verdot Capital, the project’s developer.
Located in Santa Fe’s expanding southwest corridor, the new community will feature high-end finishes and resort-style amenities within a larger master-planned development that includes both residential and medical facilities. As the first build-to-rent, single-family community in Santa Fe, it aims to fill a unique demand in the market.
“This investment showcases Paceline’s ability to identify high-potential opportunities in sectors where capital is scarce,” said Sam Loughlin, CEO of Paceline. “We’re proud to make this investment as part of our second fund and continue to seek distinctive projects for our investors.”
Leigh Sansone, CIO of Paceline, added, “This is an exciting venture, and we’re thrilled to meet a previously unmet demand in Santa Fe by partnering with Verdot Capital, an experienced developer.”
Robert Wall, Managing Partner of Verdot Capital, commented, “We’re honored to contribute to Santa Fe’s housing landscape, delivering a valuable asset that aligns with the character of this vibrant city.”
About Paceline Equity Partners
Paceline is a Dallas-based private equity manager focused on value-oriented, opportunistic, and special situations investments across corporate credit, private equity, and real assets. Paceline’s senior leadership team has worked together for over 15 years and manages approximately $1.5 billion in equity commitments on behalf of a global investor base. Since inception in 2018, Paceline has deployed over $1.9 billion in total transaction value and built a diversified portfolio of investments.
