At OpenPath Investments, our socially responsible investment platform continues to prove that a traditional asset class—particularly one that serves millions of people—is a trustworthy vehicle to generate a triple bottom line: robust financial returns alongside positive and measurable social and environmental impact. Over the next eighteen months, OpenPath Investments is considering three to five acquisitions in the value range of $45 to $100 million. Our strategy over the next three years is to continue to generate above market investment returns alongside measurable social and environmental impact. We will achieve our goals by investing an additional $100 million (with a leveraged asset value of $400 million) in large metro areas throughout the western U.S, scaling our vision to include several new multi-dwelling communities.
Multifamily |
Green Projects |
Equity syndication/Club Deal |
Acquisition/Fee Simple |
Value-add |
$10,000,000 - $50,000,000 |
Peter Slaugh is the Founder and Managing Member of OpenPath Investments, formerly Su Casa Investments, LLC. After his initial career in residential real estate starting back in 1991, Peter moved into commercial real estate in the capital markets arena with GMAC CM in 1997 funding in excess of $1billion in debt & equity products for his clients. Quickly, Peter recognized the value of investing in multifamily investments alongside his clients starting in 1999. Peter formed Su Casa Investments in 2005 to acquire value-add apartment communities in the Western States. Peter has owned either as a GP or a limited partner over 2900 units (dating back to 1999) in various markets ranging from San Antonio, TX, Las Vegas, NV, Richland, WA, to Santa Rosa, CA, and now owns and operates a portfolio of assets in AZ, CO, OR, TX & UT comprised of over 2200 units and growing. Recognizing the value in a “whole property stewardship” approach to the business, Peter evolved his platform to include “community building” and “greening” of resident lifestyles through the Urban Village program. The OpenPath platform is the latest evolution of this approach and really embraces the notion that “doing good” is also “good for business” and now measures success not only economically, but also socially & environmentally.
Combining his interest in the areas of both quality of life and finance, Gino’s expertise is helping mission–driven businesses and asset managers implement investment practices that account for the welfare of people, natural systems, and stakeholders, thus achieving full potential for positive impact. Over the past 10 years, Gino has managed commercial real estate and farm properties in California and Nevada and continues to oversee his family’s ranch in Northern Nevada. Gino earned his Ph.D. in Communication Studies from Purdue University.
David Scacco has 20+ years of experience as an operator, investor and advisor. Scacco started his career in the field of advertising and marketing in his hometown of Chicago. Shortly after moving to the California Bay Area Scacco joined Google in early 2000 and holds the distinction as the company’s first advertising sales executive. During his 7 years at Google, Scacco established and led a strategic sales/business development team and contributed to the overall growth of the company. More recently Scacco has held sales leadership positions for a number of tech startups and serves as an angel investor and advisor. Scacco strongly shares OpenPath’s belief that the best businesses create significant benefits for all parties involved (in this case investors, residents, and the environment). Scacco has personally invested with OpenPath since 2008.
Sara’s first home was a small, indigenous village in the South Pacific where she learned to live in strong kinship with her community and the surrounding ecology. Sara’s start in life naturally led her to a career in horticulture and ecological design, focusing on environmental sustainability. Over the past 15–years, she has educated audiences ranging from multi–national corporations to school children on the importance of adopting an eco–friendly lifestyle and she has created regenerative environments for individuals and businesses interested in maximizing potential and minimizing environmental impact. As Program Director of the Urban Village program, Sara provides aesthetic and lifestyle design concepts that support OpenPath’s triple bottom line investment strategy. On a daily basis, she thrives on getting to know apartment residents and supporting them with tools, inspiration and ideas to enrich their community life—from community gardens, to skill–sharing and leadership development.