Althea Investment Management (AIM) is a privately held real estate investment company focused on residential development in primary western U.S. markets. The company is led by a team of finance, development and construction professionals who who have developed hundreds of millions of dollars of real estate. Unlike most fund managers who have little or no in-the-field experience in the homebuilding industry, AIM's leadership has an extensive understanding of both real estate investment and development. Their experience includes Land Acquisition, Entitlement Processing, Land Development, Project Management, Home Construction, Equity and Lending Finance, Transaction Structuring, Real Estate Sales & Marketing, and Underwriting. They have worked through multiple market cycles over the past 30 years and have repeatedly delivered exceptional homes and communities to buyers along with above average returns to investors. Althea Investment Management believes a significant investment opportunity exists within the residential for-sale sector due to the unmet demand for new homes, long-term favorable demographic trends, the relative under-capitalization of many qualified builders, and a strong economy and housing market. In response, AIM has established Althea Fund One (AFO) to provide equity or mezzanine capital to experienced builders of homebuilding and mixed-use infill projects requiring less than $10 million.