Our History

When we began the Robert Pittenger Company (RPC) almost 20 years ago, the Southeast region of the country began to evolve as a place for tremendous economic growth, with Nashville, Tennessee; Charlotte, North Carolina; and the Carolina coastal region emerging as three of the most rapidly expanding metropolitan areas in the country.

The financial success Nashville, Charlotte and Charleston experienced brought on a substantial increase in demand for residential and commercial property and exceptional land purchasing opportunities. Recognizing the investment potential, RPC began acquiring undeveloped land that we felt was situated in a path of expected growth, but not yet part of the nearby existing development cycle. The goal was to hold these investments—typically five to 10 years—until demand-driven development reached these locations.

The start of our disciplined approach to land acquisition dates back more than 35 years ago as a land investor in Dallas, Texas. After many years and with the help of nationally recognized economic forecasters, our company established a proven set of criteria each investment must meet in order to pass our acquisition test. Some of these positive factors include growing job markets, a growth-friendly business and political climate, present and future transportation access, infrastructure capacity, demographic trends and the scarcity of open land around dense population centers.

To date, RPC has acquired and invested in excess of $200 million of undeveloped land in middle Tennessee, Charlotte and the South Carolina coastal area. Our success in determining future paths of progress in land development within the Southeast earned annual returns on average of 18 percent IRR (compounded annual rate) net to our investors.

RPC offers our investor partners:
— Multiple opportunities to realize significant returns
— Excellent way to diversify portfolios
— Low correlation with other asset classes
— Good inflation hedge
— Lower volatility than general equities
— Higher visibility in earnings

All investments are through equity participation, with no debt and no future development obligation or risk. We believe that the growth potential for selective undeveloped land investments in the Southeast markets we are investing in is unlimited.

We look forward to sharing this opportunity with you.

— Robert Pittenger