INVESTMENTS

Working quietly through our network of operating partners and trusted relationships over 87% of our investments have been sourced and created in off-market transactions.

 

Hospitality

  • La Fonda

    Cienda purchased this hotel in 2014 as a legacy investment. The hotel has now completed a 5 phase renovation in excess of $30 million. A successful new business plan and management team was adopted in preparation for the hotel’s 100th anniversary in 2022.

    www.lafondasantafe.com

  • Las Campanas

    In 2011 Cienda was invited to purchase the Las Campanas Development from its lender Lloyd Bank of England. Cienda secured new agreements between the County of Santa Fe, the Club, and the Las Campanas Homeowners and helped complete the $18 million Water Diversion project. In the last 3 years over $25 million of luxury lots have been developed and sold.

    www.theclubatlascampanas.com

  • Old Santa Fe Inn

    In 2022 Cienda purchased the Old Santa Fe Inn now managed alongside The La Fonda Hotel. The new plans for the hotel include expanding the rooms, bar, and restaurant and upgrading this historic hotel with the overflow demand from the La Fonda Hotel.

    https://oldsantafeinn.com/

  • El Rey Inn

    Cienda acquired the historic El Rey Inn on Route 66 and completed a successful historic renovation and reopened the hotel. The hotel was sold to our operating partners in 2018.

    www.elreycourt.com

  • The Loretto

    The Loretto was acquired by Cienda to renovate the buildings as a hotel and residential use. This 8-acre property was purchased by our local partner to complete the redevelopment in 2018.

    www.lorettoevents.com

  • Senza Hotel -Napa

    Cienda and longtime partner Pendant Capital purchased The Senza Hotel, a stunning luxury hotel, in March of 2023. Seeing this was a rare opportunity in a “difficult-to-enter market,” both partners were able to underwrite and close the deal within 4 weeks from start to finish, Cienda’s quickest hotel purchase to date. Situated with 48 rooms in the heart of Napa Valley, Senza has been transformed into a top-tier boutique retreat since its acquisition in 2006 by Craig and Kathryn Hall. Cienda plans to continue enhancing the value of the Senza Hotel much like the La Fonda and Old Santa Fe Inn, two of the most successful acquisitions in their ever-growing portfolio of unique boutique hotels.

    https://www.senzahotel.com/

Urban Redevelopment

  • Oak Farms

    Cienda Partners assembled the 34-acre Oak Farms project in 2015 through 10 separate private transactions, removed an active dairy, and secured 20-story mixed-use zoning and a variety of public incentives for the development of the property. Oak Farms is currently in its first development phase of over 700 multi-family units that will start construction in 2022 with the second phase beginning in 2023.

  • Taylor

    Cienda acquired these properties in 2016 as a land assemblage and hold strategy to spur development in this corridor. Cienda helped fund and lead the startup of the new Deck Park adjacent to the site. To avoid any perceived conflict of interest, in the advance of the park being approved, Cienda sold the property to developers who are developing the parcels as a mixed-use community.

  • Southern Gateway Deck Park

    Cienda Partners was one of the original founders and sponsors of the Southern Gateway Foundation, whose purpose is to design and construct a new $170 million Deck Park, and strengthen the surrounding neighborhoods and schools. The Deck Park is now under construction and will be completed in 2024.

    www.southerngatewaypark.org

  • West Dallas Portfolio

    Four multi-family sites were acquired in 2011 as part of Cienda’s West Dallas Portfolio. Cienda then entitled the land and sold the first project to Wood Partners, to create the first garden-style institutional multi-family development in this market. Two other tracts of land were entitled and then sold to David Weekly for a 96 infill townhome development and High Grove for an infill zero lot line home development.

  • Colorado Place

    In 2011 Cienda acquired an old 1940’s vintage multi-family project. After working through several city related issues, Cienda sold 2/3’s of the site to Lincoln Properties to build their first multi-family apartments and retail spaces in Southern Dallas.

  • Lincoln Kessler Park

    A portion of Colorado Place has now been developed as high quality apartments and retail spaces in Southern Dallas.

  • Centre Living

    The remainder of Colorado Place was sold to another developer who has successfully developed 56 for sale townhouse units.

    www.centrelivinghomes.com

  • Alta Med Center

    Cienda acquired this property in 2018 to joint venture a 322-unit multi-family community in the epicenter of the Texas Medical Center District in Houston.

  • Commerce Street

    At the request of the City of Dallas, Cienda acquired this land parcel in 2006, removed existing non-compliant uses, and rezoned the project for multi-family apartments. The apartments, developed in 2014, with 252 units and 3 stories, are known today as the Pike West Commerce apartments.

  • Woodview Tower

    This approximate 200,000 square foot, 13-story office building was acquired by Cienda in 2012. Cienda completed a remodel and a successful re-tenanting of the building and sold it in 2014.

  • Ross Akard

    The property, vacant for 20 years, located adjacent to the Dallas Museum of Art and the Fairmont hotel, was purchased in 2000. After a $7 million ACM remediation, the building was taken back to its "shell" and all infrastructure replaced, to create a new office building. The corner of the property was donated to the City of Dallas as a park, and half of the parcel was later sold to Hunt Energy as their new headquarters.

  • Turtle Creek

    This tract of land, surrounded by Reverchon Park, was acquired by Cienda in 2008, as Cienda’s new headquarters. It was later sold to Triad Realty for a highrise development.

Workforce Housing

  • The Brookmore

    Cienda acquired Carousel Court in 2020, a 152-unit 1969 workforce housing complex. Cienda rebranded the complex as The Brookmoore and completed an extensive capital improvement plan. 12 months later it was then recapitalized when Cienda purchased the adjacent multi-family complexes.

  • The Anderson

    Cienda acquired this 280-unit 1984 workforce housing complex in 2021. Cienda is completing an extensive renovation and re-tenanting of the complex and it has been rebranded as The Anderson.

  • The Courtland

    Cienda acquired this 220-unit 1972 workforce housing complex in 2021 as part of its renovation of the two adjacent projects. An extensive renovation of the project has begun and it has been rebranded as The Courtland.

  • Virginia Manor

    This 156-unit Multi-family complex and retail center was built in 1949 and acquired by Cienda in 2016 to renovate and preserve as workforce housing. The investment was sold to a well-respected affordable housing group.

  • Pine Oaks Apartments

    In 2006 Cienda acquired the 240-unit Pine Oaks apartment project from the Bank of America Community Development Corporation. After a successful renovation creating quality workforce housing, the project was sold in 2008.

  • Windrush Apartments

    In 2006, Cienda acquired this 278-unit multi-family project. After a successful renovation and re-tenanting, the project was sold in 2012, creating a quality workforce housing complex.

  • Wellington Apartments

    The 260-unit Wellington Apartments were purchased and successfully renovated and re-tenanted into quality workforce housing; the project was later sold in 2008.

  • Greenleaf Village

    Beginning in 1999 a Cienda Founding Partner negotiated with the Dallas Housing Authority to purchase a 75-acre development site for the first private sector housing development in one of the country’s largest public housing projects. In partnership with KB Homes and Habitat for Humanity, 305 new detached single-family homes were built and sold to qualified families without any public incentives, winning several national awards as a new mixed model for homeownership.

Land Development

  • McKinney Fund

    The McKinney Fund was a fully discretionary national real estate fund created by the State of Texas to make entrepreneurial real estate investments. Cienda Partners was asked by the State to buy out the fund’s original General Partner and turn around the fund, which Cienda did and then sold in 2011.

  • Baby Doe's

    In 2004, Cienda purchased a family business and liquidated all non-real estate assets to create the Baby Doe’s site overlooking the American Airlines Center. Cienda donated a $2 million portion of the property to connect the Katy Trail and the Trinity Strand Trail through the site.

  • Hyde Park

    Located in Santa Fe, this 28-acre tract of land was acquired in 2011 to build a high-end multi-family residential development of 50 homes. The property was sold to its local partner and is now in the last phase of its developmental program.

Mortgage Pools

  • RTR I

    Cienda acquired over a billion dollars of face value mortgages in a variety of transactions, and an exclusive partnership between Cienda, RTR, and TCCP to acquire, service, and liquidate residential mortgages and mortgage bonds.

  • RTR II

    A second series of portfolios of residential mortgages are being acquired in an exclusive partnership that Cienda formed with RTR and TCCP to acquire, service, and liquidate the residential mortgages.

Technology Centers

  • Infomart

    This 1.6 million square footage property was originally opened in 1993, and was modeled after London's Crystal Palace. Developed by Crow Holdings, a Cienda predecessor partnership purchased the property in 1999 and completed a major renovation to convert the building into a state-of-the-art Technology Center, and the project was then sold in 2003.

  • Los Angeles Post Office

    Cienda's predecessor partnership was selected to purchase and redevelop the vacant LA Post Office by the Mayor of Los Angeles. The project was completely renovated maintaining its historic exterior but updating the interior spaces into a Technology Center. The project was later sold in 2004.

  • Houston Greenspoint

    The campus began as a 74-acre parcel of undeveloped land on the primary fiber optic lines entering Houston. The campus was then built out and parcels were sold for communication intensive uses to create a 24/7 redundant technology campus.