Before founding Refuge Investments, LLC, Sterling Lund had the privilege of executing over $2.1 billion in acquisitions, entitlement, development, and renovation projects, including 6.7 million square feet of commercial space and more than 7,460 residential units for some of this nation’s largest real estate companies.
Leveraging his industry experience and relationships, Mr. Lund has established a robust development and acquisitions firm specializing in acquiring below market, value-add properties providing strong cash-flow, above-average annual returns with strong back-end participation for its capital partners.
For most of his career, he worked with Owner/Builders, promoting side by side collaboration with property and asset management. That unique environment reinforced his overall understanding of complete asset management.
Sterling’s renovation experience includes adaptive reuse, conversions of older buildings into trendy multi-family assets, seismic retrofits, water intrusion and remediation, stud-up remodels, and replacement of interior finishes to revitalize obsolete properties. These highly refined talents are at the cornerstone of the value-add transaction that many are seeking today.