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New Growth Living logo

New Growth Living

Austin, TX 11–50 employees 4 principals

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Last updated 1w ago

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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4 principals on file

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Recent activity at New Growth Living

No recent signals captured for New Growth Living yet. Set up a Signals alert to be notified when fund closes, leadership changes, or new developments surface in the trade press.

New Growth Living's project portfolio

No projects on file for New Growth Living yet.

Markets and themes

Markets New Growth Living operates in

  • Dallas, Texas
  • Sacramento, California

Investment themes at New Growth Living

  • Single-family rental

Capabilities

  • Asset Management
  • Construction Management
  • Custom Homes
  • Economic Development
  • Mixed Use
  • Sustainability
  • Urban infill

Operators similar to New Growth Living

  • Curve Development
    Mid-market tierDallas, TexasSacramento, CaliforniaSingle-family rental
  • Sunstone Two Tree
    Mid-market tierDallas, TexasSingle-family rental
  • The Town Lake Company
    Mid-market tierDallas, TexasSingle-family rental
  • Glencrest Group
    Mid-market tierSacramento, CaliforniaSingle-family rental
  • Quannah Partners
    Mid-market tierDallas, TexasSingle-family rental
  • SteeleHarbour Capital Partners
    Mid-market tierDallas, TexasSingle-family rental
  • Dunleer
    Mid-market tierDallas, TexasSacramento, California
  • Ocean Block Capital
    Mid-market tierDallas, TexasSacramento, California
  • Storied Development
    Mid-market tierDallas, TexasSacramento, California
  • Elcan and Associates
    Mid-market tierDallas, TexasSacramento, California

Frequently asked questions about New Growth Living

What does New Growth Living do?
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.
Where is New Growth Living based?
New Growth Living is headquartered in Austin, TX.
What markets does New Growth Living operate in?
New Growth Living is active in Dallas, Texas and Sacramento, California.
How many employees does New Growth Living have?
New Growth Living has 11–50 employees.
New Growth Living cover image

New Growth Living at a glance

Tier
Mid-market
Operator type
Developer, Owner
Headcount
11–50
Units owned
<1,000
Units managed
<1,000
Property mgmt
Self-Managed
Markets
2
Principals
4

Contact New Growth Living

Austin, TX
www.linkedin.com/company/newgrowth-living