Verbena Road Holdings

About Verbena Road Holdings

Verbena Road Holdings is a real estate operator headquartered in Dallas, TX. Verbena Road Holdings operates in San Diego, California. Its investment focus is on Affordable Housing, Multifamily - Ground-up and Preferred Equity.

Verbena Road Holdings, Ltd. is a U.S.-based real estate investment company led by Dennis Wong. It participates in acquisitions, development, and sales of commercial, residential, and multifamily properties. One major recent project is “Mission Gorge” in San Diego: this is a 483-unit affordable housing development with studios and one-bedroom units targeted at households earning up to 80% of area median income. The financing for Mission Gorge totaled about US$112.225 million, comprised of a senior construction loan plus preferred equity. Verbena Road also engages in property sales: for example, it sold three walkups in Hell’s Kitchen, Manhattan for US$13.8 million in early 2025. It sold a 209-unit rental tower in Kips Bay to NYU for US$210 million. Dennis Wong co-founded SPI Holdings in 1995; Verbena Road Holdings appears to have been established later (he currently serves as its CEO). The firm operates across major U.S. metropolitan markets, especially in New York City and California, with a strategic focus on affordable and workforce housing, multifamily residential, plus commercial real estate.

Principals at Verbena Road Holdings