Casey Lynch @roundhouse208 Twitter profile | Pikagi

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Casey Lynch

@roundhouse208

7,665

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321

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Founder & CEO Roundhouse

boise, id

https://t.co/H64dyT6FAI

Joined October 2021

Don't wanna be here? Send us removal request.

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@roundhouse208

Casey Lynch

1 year

For my new followers, I'm the CEO of Roundhouse. We've developed and acquired 7,500 multi-family homes in emerging markets across the U.S. We invest for the long-term and operate a vertically integrated management co. Our mission is to Put Humanity into Housing

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@roundhouse208

Casey Lynch

1 year

A person earning $52,000/yr can afford to live in this community. High quality housing does not have to be exclusive

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@roundhouse208

Casey Lynch

1 year

A household earning $50,000/yr can afford to live in this community. High quality housing does not have to be exclusive.

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Casey Lynch

10 months

Oxbow Apartments (268 units) Bozeman, MT Developed & Managed by Roundhouse Opportunity Zone development, with an additional 132 units coming in Phase II

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@roundhouse208

Casey Lynch

1 year

For my new followers... I'm the CEO of Roundhouse, a mission-based housing developer. Since 2008 we have developed and acquired over 7,000 units in emerging markets across the US We have vertically integrated property management We invest for the long-term and rarely sell

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Casey Lynch

1 year

Watercolor renderings are under used. We've found them to be effective in "softening" the presentation of new construction in communities that are sensitive to development.

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Casey Lynch

1 year

The Clara, Eagle, ID 277 units Developed by Roundhouse 2017-2020

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Casey Lynch

7 months

The Oxbow 268 apartments - Bozeman, MT Developed & Managed by Roundhouse Architecture by GGLO Photos by @GabeBorder

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Casey Lynch

10 months

The Owyhee Built in 1910 (oldest hotel in Idaho) Redeveloped by Roundhouse in 2013 We converted this Boise icon into housing, retail, and office using Historic Tax Credits. We partnered with the local redevelopment agency (CCDC) to create a facade easement, preserving the

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Casey Lynch

6 months

These projects all have one thing in common. They're in the great state of Idaho.

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Casey Lynch

11 months

Just completed, Percy, full service restaurant in downtown Boise, ID. Ground floor of our 161 unit mixed-use project Hearth on Broad. Our 2nd venture with Wylder Hospitality Group, which has added as much value to our developments as we have.

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Casey Lynch

1 year

Haymaker Apartments 95 Units + Retail Bozeman, MT Developed & Managed by Roundhouse

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Casey Lynch

11 months

Hearth on Broad Downtown Boise, ID 161 Units + 5,500 sq ft restaurant Developed by Roundhouse Architecture by Holst Interiors by Home Studios

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Casey Lynch

1 year

Blackbirds LA (Before & After) 18 Small Lot Homes Developed by Roundhouse 2011-2016 (yes, it took 5 years) Blackbirds educated us on the myriad barriers to housing production in CA. As a result, we left, and have since focused on building high quality housing in ID, MT, CO & UT

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Casey Lynch

1 year

The cost to build an (A) is ~7% higher than a (B) in our experience. Build to Core: thoughtful design process, better consultants, better CM - hold Merchant Build: strip out costs to reduce basis - sell If you play the long-game, you will be rewarded for owning A.

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Casey Lynch

7 months

The Clara 277 apartments Eagle, ID Developed by Roundhouse Architecture by Holst Photos by @GabeBorder

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Casey Lynch

1 year

@BostEvan We've done our fair share of funding pedestrian improvements in Boise

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Casey Lynch

6 months

Dovetail Apartments 240 Unit Op Zone Development Meridian, ID Developed and Managed by Roundhouse

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Casey Lynch

1 year

@joeja Perhaps you’re more enthusiastic about all of the other work we’ve done in Boise while we’ve waited for this area to support high density housing

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Casey Lynch

1 year

@JASmith28 There are 10 units fixed at 80% of AMI (distributed across floor plans). There are 42 studios that rent between $1,300-$1,500/mo. The most expensive units are $2,500/mo, which a 2 income household earning $100,000/yr could afford spending 30% of income

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Casey Lynch

1 year

@constantraise Downtown Boise, ID. 161 units. Rents from $1,300 - $2,500.

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Casey Lynch

1 year

@sawtooth_sean I agree, which is why we haven't developed it yet

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Casey Lynch

1 year

@sudha_lakshmi There was a small amount of redevelopment funding for public infrastructure, but no taxpayer subsidies

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Casey Lynch

1 year

@BostEvan You're not wrong, however the market hasn't supported high density housing in this location until very recently

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Casey Lynch

6 months

@MikeCrapo This is a huge missed opportunity. You should be happy to secure a win for the American people

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Casey Lynch

1 year

@cflav When owners of real property cumulatively determine their assets are at risk and it starts a "run on the bank"

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Casey Lynch

1 year

@GovernorLittle Too bad that Idaho's congressional delegation voted against the CHIPS act which will bring thousands of jobs to our state

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Casey Lynch

1 year

@MRossG199 I welcome all housing development. I'm simply making an observation that the financial incentives in our industry have changed in recent decades and that this has had implications for the types of housing we build, and lasting effects on cities (and apartment investors)

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Casey Lynch

1 year

@seandsweeney @Jason We've worked on this extensively and never makes sense. Only works as a labor arb from low wage states to high wage states, currently

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Casey Lynch

1 year

@drantbradley I didn't make an assertion about tenure. I'm simply saying that >50% of people in this city can afford to live *solo* in this building. Can't say that about a lot of cities

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Casey Lynch

1 year

@ScottChoppin Traffic, light pollution, noise, elk and crime even!! Same stuff you hear everywhere (except elk) but they are wealthy and retired

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Casey Lynch

7 months

The Percy 5,000 sq ft full service restaurant Downtown Boise, ID Developed by Roundhouse Operated by Wylder Hospitality Group Designed by Post Co.

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Casey Lynch

1 year

@codylittlewood $200K/unit total costs. Today would be $325K/unit. Cost escalation from 2019 - 2023. Remember, though, that rents are set by the market and don't care what the building cost

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Casey Lynch

9 months

@joeja Both via objective measures and to the naked eye, Boise is one of the best performing cities in the US. There has been no failure of public policy or leadership. It’s just vibes

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Casey Lynch

1 year

@moseskagan This is why well designed/quality assets outperform financially over the long term. Hard to quantify in a proforma

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Casey Lynch

1 year

@mu2myoc How will VCs then solve the housing affordability crisis?

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@roundhouse208

Casey Lynch

1 year

@shawngorham Where people raise families, start companies, meet friends, find inspiration, build community, and much more. Hard to internalize this when pushing buttons at a desk on Wall St.

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