Company
Investments
Company
Investments
FINANCING
To Take You Further
Boulder Ventures Development, Inc. (BVD) offers accredited investors unique real estate investment opportunities to participate in as partners. We acquire, develop, and manage in the Western United States, focusing particularly on Utah and the Salt Lake MSA because we have a local presence and see opportunities first hand, understand the system, and most importantly, know how to develop. Qualified investors are invited to diversify their portfolios and benefit from our experience, knowledge, resources, relationships, and processes that allow us to identify and acquire exceptional properties.
BVD has an excellent track record working with institutional lenders and partners to consistently generate above-market property returns.
PROVEN
Experience
That Sets Us
Experience
That Sets Us
APART
A privately held real estate development company with a primary focus on mixed-use and transit oriented properties, BVD has an integrated team of real estate specialists with various areas of expertise, including acquisition, entitlement, design, site planning, construction management, disposition, leasing, property, and asset management. BVD has acquired, entitled, and developed millions of square feet of mixed-use developments since early 2000.
Throughout his career, BVD Founder and CEO Jeffrey Vitek has worked in multiple real estate disciplines including retail, office, multi-family, and for-sale residential communities. After spending considerable time in Utah, Jeff recognized strategic opportunities along the expanding rail line systems. His vision resulted in the planning, acquisition and development of Vista Station – one of the largest and most successful transit-oriented developments (TOD) on the Front Runner line. He also led the development of Jordan Landing, the first open-air entertainment and lifestyle shopping center in Salt Lake County.
“Utah housing market has been ranked as the nation’s #1 housing market for the strongest pace of job growth, along with low unemployment, low mortgage rates, few mortgage delinquencies, and low state & local taxes”
“Utah housing market has been ranked as the nation’s #1 housing market for the strongest pace of job growth, along with low unemployment, low mortgage rates, few mortgage delinquencies, and low state & local taxes”
An affiliate of BVD, Rocksmith Construction LLC is a construction and construction management company that allows us to directly build or manage projects of any scale. During the course of many years, we have established and nurtured valuable relationships with general contractors, subcontractors, architects, engineers, and other professionals, both local and national. We believe that bringing outside consultants into the local community breathes new creativity and captures other market’s proven solutions into the community allowing our projects to be innovative with sustainable designs, amenities, and planning. Difficult for others to duplicate, these local partnerships allow for more cost-effective, successful developments.
STRATEGIC
Construction
Partnerships
Construction
Partnerships
OUR EXCEPTIONAL
Track Record
Track Record
BVD has a strong investment track record from sourcing, acquiring, constructing, and managing deals. Throughout the cycle, risk management is an integral part of the process.
The company has an extended history of working closely with institutional lenders, mezzanine lenders, and institutional equity partners. The internal controls and financial reporting requirements of these partners are firmly embedded in how we conduct business.
STRIVING TO CREATE
Opportunities
Opportunities
BVD pursues four categories of projects to present the best opportunities for our investors:
UTAH REAL ESTATE
Investment Opportunities
BVD’s regional experience and local knowledge allow investor partners to gain first mover advantage in identifying and acquiring attractive properties in a strong, growth market.
“Immense volumes of capital continue to pour into multifamily real estate from out of state and overseas, as the state’s quality of life and job growth keep its economy humming.”
“Immense volumes of capital continue to pour into multifamily real estate from out of state and overseas, as the state’s quality of life and job growth keep its economy humming.”
A GROWING TREND
Transit
Oriented
Development
Transit
Oriented
Development
Transit Oriented Development (TOD) is a growing trend in real estate that entails creating vibrant, livable, sustainable communities. Compact, walkable, mixed-use communities are centered around high-quality train systems. This makes it possible for residents to live more balanced, lower-stress lives without complete dependence on a car for mobility. TOD combines regional planning, city revitalization, suburban renewal, and walkable neighborhoods. Community leaders , city planners, and the public have embraced the concept across the nation as for creating some of the most desirable places to live, work and play.
UTAH’S IMPRESSIVE RANKINGS AND GROWTH MAKE IT
Prime For Investment
Fortune Magazine cited Utah County as the top place in the country where millennials are putting down roots and buying homes. Utah has the second-highest level of millennial home ownership in the country.
Fortune Magazine cited Utah County as the top place in the country where millennials are putting down roots and buying homes. Utah has the second-highest level of millennial home ownership in the country.
Utah is experiencing unprecedented growth and boasts one of the youngest, most educated, and vibrant workforces in the nation. Both Forbes and CNBC list the Beehive State as the #1 state to do business. Utah’s 2.3 percent unemployment rate ranks well below the national average.
Growth has been fueled by the low cost of doing business and the substantial growth of Silicon Slopes, the emerging tech corridor that has accounted for 40 percent of the state’s job growth since 2010. Silicon Slopes has placed Utah on the international map for being a diverse, global innovation hub with some of the world’s greatest entrepreneurs and companies. Tech and online companies with a presence in Utah include Adobe, Overstock, Facebook, Backcountry, Qualtrics, Instructure, and Pluralsight.
Utah and its cities have received national honors and top rankings for quality of life, population growth, and income growth. In 2020, when 48 states saw negative job growth, Utah was one of only two states that reported positive job growth, adding nearly 10,000 jobs in December of 2020 alone. Salt Lake City is leading the housing market with an anticipated sales growth of 15.2%, and is poised to be the #1 market in 2022, according to realtor.com.
Salt Lake City International Airport is located only four miles west of downtown, making it convenient for business and leisure travelers. It’s also one of Delta Airlines’ largest hubs, as well as a hub for SkyWest. The airport recently underwent extensive $4 billion renovations, and is expected to be fully completed in 2024.
