New Growth Living
Austin, TX 11–50 employees 4 principals
Last updated by Andrea
About New Growth Living
New Growth Living is a real estate operator headquartered in Austin, TX. New Growth Living operates in Dallas, Texas and Sacramento, California. Its investment focus is on Single-family rental.
New Growth Living is a private real estate investment and development company founded in 2019, based in Austin, Texas, and co-founded by Frank Cappello and Dan. It specializes in purpose-built, single-family rental (SFR) home communities that combine detached housing with community-style amenities. Its first completed project is a 211-unit build-to-rent community in Sacramento, California, delivering one-, two-, and three-bedroom rentable homes with floor areas ranging from 726 ft² to 1,501 ft². These homes include features such as in-unit washers and dryers, smart-home technology, private yards, detached garages with EV charging, and shared amenities like a fitness center, pool, and a 2,800 ft² clubhouse.
Principals at New Growth Living
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