Navigating Tariff Uncertainty: Cambia Capital’s Strategy for Risk Mitigation

Note to reader: This blog was updated as of the date of posting. Tariff-related news continues to evolve, potentially impacting market conditions. The examples below reflect information available at the time of posting. Regardless, Cambia Capital's underwriting guidelines remain consistent.

In Cambia Capital’s latest housing market update, a positive outlook was outlined on investing alongside builders in for-sale projects despite ongoing challenges. One significant hurdle is the United States' tariffs on goods from Mexico, Canada, and China—with the potential for more in the future. This blog explores the tariff landscape and how Cambia Capital mitigates risk amid these changes.

Tariff Impacts

Last week, President Trump imposed a 25% tariff on Mexican and Canadian goods starting March 4, alongside a 10% tariff on Chinese goods. On March 6, the administration delayed United States-Mexico-Canada Agreement (USMCA) tariffs by a month, then announced a 25% tariff on all steel and aluminum imports on March 12.

The uncertainty surrounding tariffs is creating volatility in the marketplace. While the situation remains fluid, it is likely that full tariffs will be implemented in the coming months. If so, American companies importing these goods will have two primary options:

1. Pass the increased costs on to consumers through higher prices.

2. Absorb the added costs internally by cutting expenses elsewhere or accepting lower margins.

The construction industry is particularly vulnerable, as builders rely on lumber from Canada, steel from China, and appliances from Mexico, among other imports. According to housing market research firm Zonda, tariffs could drive material costs up by 6% to 14% in 2025, depending on supply chain exposure and domestic manufacturer responses. While these increases are below the full tariff rates, they could still erode builder margins, forcing developers to adapt.

Cambia Capital’s Underwriting Approach

Cambia Capital closely monitors the impacts of tariffs on builder partners and takes proactive steps to safeguard investments. While risk-mitigation strategies are not specific to tariffs, they are grounded in sound underwriting principles that are particularly critical in a shifting market.

1. Partnering with Experienced Developers:
   The top priority is working with high-quality development teams. Strong builders understand their markets and supply chains, enabling them to be proactive and agile. By maintaining close relationships with suppliers and subcontractors, they can navigate cost challenges more effectively.
   
   

2. Investing at the Right Time:
   Beyond selecting the right partners, Cambia strategically times its investments. Capital is deployed when permits are approved—reducing entitlement risk while ensuring project plans are finalized. At this stage, subcontractor and supplier costs are locked in through signed contracts and purchase orders. During due diligence, the builder’s budget and subcontracts are reviewed to assess potential tariff impacts before committing to an investment.
   
   

3. Structuring Investments for Risk Mitigation:
   Cambia Capital structures investments to protect investor capital while aligning incentives with project sponsors. All projects include contingency budgets to account for unexpected cost increases.
   At minimum, we require:

• A 10% contingency on horizontal construction (land development, site work).

• A 5% contingency on vertical construction (building costs), depending on project complexity.

Since materials typically account for 50-60% of a construction budget, our contingency requirements provide a buffer against cost increases in the 6-14% range. Additionally, project sponsors are required to absorb cost overruns, protecting investor downside risk. In return, sponsors earn a larger share of profits when projects outperform, ensuring alignment of interests.

About Cambia Capital
Cambia Capital is a leading sustainable real estate investment firm, partnering with best-in-class developers who are setting new industry standards. These developers go beyond code requirements to deliver third-party certified, higher-quality homes that command strong market demand and reduce sale risk.

Investing in sustainable real estate isn’t just good for the environment—it’s a competitive advantage. Looking ahead to 2025 and beyond, Cambia Capital seeks opportunities to bring highly differentiated, lower-risk housing products to market. The focus is on missing middle housing, a high-demand, undercapitalized sector with limited institutional competition and growing regulatory support. By bridging the gap between single-family and multifamily housing, Cambia Capital helps create resilient, high-quality communities.

In a rapidly evolving market, mitigating risk while capitalizing on competitive advantages is smart investing. Sustainability, quality, and strategic positioning drive long-term value, and Cambia Capital is committed to leveraging these strengths to deliver strong returns.

For further information, please contact: 
info@cambiacap.com 

What’s Next for the Housing Market

In Cambia Capital’s last housing market update, we outlined why market conditions were creating a favorable environment for housing developers. That outlook remains valid, though the months since have presented meaningful challenges. Despite these hurdles, the road ahead still holds more opportunities than risks for for-sale builders. 

Key Challenges Facing Builders 
Since the end of Q3 2024, builders have faced three primary challenges: rising costs, mortgage rate uncertainty, and labor shortages. 

1. Rising Costs: Inflation has cooled to 3%, down from the highs of the previous 18 months, but remains above the Federal Reserve’s 2% target. Further complicating matters, new tariffs are poised to drive up costs. The National Association of Home Builders (NAHB) warns that 70% of the softwood lumber and gypsum imports—critical homebuilding materials—come from Canada and Mexico, both of which will soon face 25% tariffs. NAHB continues to push the administration for exemptions, but no relief has been secured yet. 

2. Mortgage Rate Uncertainty: Mortgage rates have fluctuated dramatically, with 30-year fixed rates shifting more than 1% over just five months in 2024. This instability makes it difficult for buyers to assess their purchasing power, leading many to delay home purchases—and causing uncertainty for builders in turn. However, recent weeks have shown signs of stability, with the 30-year fixed rate holding just under 7% for over a month and experiencing minimal fluctuations. This steadiness is a positive signal for both buyers and sellers as the spring homebuying season nears. 

3. Labor Shortages: The construction labor gap persists, with 250,000 unfilled positions in 2024—an improvement from prior years but still a significant challenge. "I still call it a crisis," says Ed Brady, CEO of the Home Builders Institute. "You can debate the magnitude of the crisis, but it's still bad." While advancements in construction technology and off-site building methods offer potential solutions, widespread adoption remains slow. 

Opportunities Ahead 
Despite these headwinds, builders have reason for optimism, driven by three fundamental market dynamics: 

1. A Persistent Housing Shortage: The U.S. faces a severe housing deficit, with Zillow estimating in June 2024 that the country is 4.5 million homes short—an increase of 1 million homes from 2023. This ongoing supply-demand imbalance continues to favor builders, particularly those developing in high-demand regions. 

2. Reduced Competition from Multifamily Development: Multifamily construction financing tightened considerably in 2024, leading to fewer new apartment projects in the pipeline. This is expected to reduce housing supply in the coming years, potentially driving more buyers toward single-family homes.  

3. Political Momentum for Housing Expansion: Housing policy is gaining bipartisan traction. Both major political parties emphasized housing supply solutions during the 2024 election cycle, and zoning reform is emerging as a top issue for 2025. Cities and states are actively promoting density-friendly policies, making middle-housing asset types (e.g., townhomes, small-lot cottages, and low-rise multifamily) increasingly attractive development opportunities. NAHB chief economist Robert Dietz noted that policymakers have historically relied on demand-side solutions, which have often been ineffective or even counterproductive. The growing recognition that increasing housing supply is the key to improving affordability is a positive shift. 

Cambia Capital’s Approach 
At Cambia Capital, we partner with best-in-class developers—including certified sustainable housing builders—who are setting new industry standards. These developers go beyond code requirements to deliver third-party certified, higher-quality homes that command strong market demand and reduce risk on sale. 

Investing in sustainable real estate isn’t just good for the environment—it’s a competitive advantage. As we look ahead to 2025 and beyond, Cambia Capital is actively seeking opportunities to work with top-tier developers to bring highly differentiated, lower-risk housing products to the market, with a particular focus on missing middle housing. By bridging the gap between single-family and multifamily housing, we unlock a high-demand, undercapitalized market with limited institutional competition and growing regulatory support—creating resilient, high-quality communities. 

In a rapidly evolving market, mitigating risk while capitalizing on competitive advantages is smart investing. Sustainability, quality, and strategic positioning drive long-term value, and we are committed to leveraging these strengths. 

About Cambia Capital

Cambia Capital is a leading sustainable real estate investment firm committed to accelerating the built environment’s transition to a net-zero economy. By partnering with best-in-class developers and targeting high-demand housing markets, Cambia Capital delivers sustainable real estate that aligns with investors’ financial goals while meeting the evolving needs of communities across the Pacific Northwest and beyond.

For further information, please contact: 
info@cambiacap.com 

Cambia Capital and Greencity Homes Partner to Build a Sustainable Future with Burke38

Cambia Capital, a leading sustainable real estate investment firm, is excited to announce its latest project, Burke38, in partnership with Greencity Homes. This 38-unit townhome development project, located in Kenmore WA, not only addresses the growing housing demand but also sets a standard for sustainability in the region.

Nestled near Kenmore’s breweries, coffee shops, and retail destinations, Burke38 provides easy access to the Burke-Gilman Trail, a 20-mile path connecting Bothell to downtown Seattle. Residents will enjoy proximity to Lake Washington and multiple parks within a two-mile radius, making Burke38 an ideal choice for active and community-oriented lifestyles.

Sustainable Living with Built Green Certification
Burke38 is designed to meet 4-Star Built Green certification, reflecting a high standard of sustainability. The certification ensures the project incorporates energy-efficient designs, reduces environmental impacts, and provides a healthier indoor environment. By achieving this rigorous standard, Burke38 underscores Cambia Capital’s commitment to transforming the built environment toward a net-zero future. 

Kenmore: A Thriving Sub-Market
Located just 14 miles from downtown Seattle and 15 minutes north of Bellevue, Kenmore is beginning to emerge as a dynamic and growing community. Once defined by its 1970s and 80s developments, the area is on the cusp of transforming into a thriving hub, driven by the Pacific Northwest’s expanding tech sector and its proximity to major employment centers like Bellevue, Redmond, and Seattle.

Burke38 offers seamless access to major transportation corridors, including I-5 and I-405, ensuring convenient east/west connectivity. With individual homes priced between $730,000 and $990,000, the development is positioned as an accessible and desirable option for prospective buyers

A Visionary Partnership with Greencity Homes
As the project sponsor, Greencity Homes brings over a decade of experience in sustainable real estate development in the Seattle region. The vertically integrated builder constructs over 100 homes annually and has a robust pipeline of 600 units for future development. Greencity’s philosophy centers on community, functional design, and creating an oasis-like experience for residents.

"Partnering with Cambia Capital on Burke38 allows us to fulfill our mission of building thoughtful communities to bless people's lives," said Vitaly Gutsalo, CEO of Greencity Homes.

A Commitment to Sustainable Growth
Construction for Burke38 began in January 2025, with the first homes expected to be available for buyers in Spring 2026. This development is a key step in Cambia Capital’s broader mission to deliver sustainable housing that meets the growing demand in evolving communities like Kenmore.

"Burke38 represents a combination of sustainable design, community impact, and financial viability," said Andy Wolverton, Managing Member, of Cambia Capital. "This project is an exciting opportunity to invest in Kenmore’s future while furthering our commitment to building a net-zero economy."

With its townhome design, Burke38 addresses the critical need for missing middle housing, offering a more accessible and sustainable option for buyers priced out of single-family homes yet underserved by high-density apartment developments. Projects like Burke38 present a compelling investment opportunity by meeting this growing demand while delivering sustainable innovation.

Burke38 is part of Cambia Capital’s larger portfolio of projects designed to address housing demand while driving environmental innovation.

About Cambia Capital

Cambia Capital is a leading impact real estate development and finance firm dedicated to accelerating the transition of the built environment to a net zero economy. With a focus on delivering both financial returns and measurable impact, Cambia Capital leverages its expertise to spearhead transformative real estate across the Pacific Northwest and beyond.

For further information, please contact: 
info@cambiacap.com 

Turning the Corner: What’s Next for the Housing Market?

Interest Rate Outlook 
In Cambia Capital’s last housing market update, we noted that market observers expected the Federal Reserve to lower interest rates in September. In short, the interest rate outlook hasn’t changed, given we have indeed rounded an inflation and interest rate corner. Marketplace pundits continue to agree the Fed will lower rates this month. Uncertainty hovers around the amount of the reduction. Anticipation is heavily weighted toward lowering the benchmark rate by 25 basis points (bps) versus 50 bps. Sam Khater, Chief Economist at Freddie Mac, aptly stated in the Wall Street Journal, “Rates are going to go up, they’re going down. The bigger structural issue is the lack of inventory. That’s not going away.” This is the most accurate characterization of the housing market we’ve seen over the last month. 

Market Sentiment and Future Outlook 
There appears to be much greater certainty in the marketplace today, more than we have experienced since Q1 of 2020 - when COVID knocked the wind out of the market and disrupted global supply chains - driving inflation and subsequent interest rates sky-high. Today, housing developers are excitedly eyeing a more positive and understood future and gearing up for growth. However, neither the developer nor the homebuyer has completely gotten their wind back, and the massive gears of housing are naturally slow to re-engage at what could be considered a normal pace.  

Pending Home Sales and Market Trends 
As evidence of the slow nature of change in housing, Pending Home Sales Index (PHSI) hit an all-time low in July. We believe this is the nadir with only one direction to go. This leading indicator tells us home sales will be lower this summer as potential homebuyers continue to wait for rates to come down further before jumping into the small pond of housing. Builders, however, are gearing up and aren’t waiting. New housing starts today won’t be delivered until next year, and the current expectation - regardless of election outcomes - is that rates will be lower at that time. The resulting pressure of high demand against limited supply continues to widen the housing shortage gap that Mr. Khater referenced above. 

Construction Build Times and Supply Chain Challenges 
Furthermore, since 2015, construction build times have steadily risen, according to Eye on Housing. This reached a high-water mark in 2023, averaging three months longer to build across all asset classes at approximately 10.1 months. This is attributed to continued supply chain challenges, a more stringent regulatory environment, and labor shortages. The combination of longer build times and pent-up demand-side pressure means that come springtime, we could see some froth on the surface of the housing pond. These current factors create a winning formula for would-be, for-sale housing investors. The trick for investors is identifying strong development teams in supply-constrained markets.  

Cambia Capital's Approach to Sustainable Development 
At Cambia Capital, we have decades’ worth of developer networks with some of the best developers in the country—such as certified sustainable housing developers. These best-in-class developers continue to defy the norm by building beyond code requirements to deliver verifiable value to buyers and renters and produce third-party certified, better-quality housing products. Sustainable housing developers provide products that, like cream, rise to the top of the housing market, lowering risk on lease-up or sale. As investors in housing, Cambia is energized about the current market conditions and sees opportunities to partner with premier developers to deliver highly differentiated and lower-risk housing products to the market in 2025 and into 2026.  

At Cambia Capital, we know that what we build today matters. Transitioning the built environment towards a net zero economy is essential for achieving a sustainable future.

For further information, please contact: 
info@cambiacap.com 

How Differentiating Through Sustainability Drives Value

At Cambia Capital, our investments in third-party certified sustainable projects are designed to generate resilient market rate returns, long-term cost savings, enhanced property value, and stronger alignment with tenant and homebuyer demands. By partnering with strong development teams and investing in highly differentiated assets, this strategy mitigates risk and helps ensure investments are better positioned to navigate regulatory changes, respond to market fluctuations, and withstand the test of time. 

After 15 years of developing and building hundreds of millions of dollars of sustainable residential real estate, the principals at Cambia Capital know the transformative power sustainable housing has on the marketplace. Sustainability not only signals the presence of quality teams, but also enhances market differentiation, driving both returns and value. 

A Signal of Better Teams
Sustainable developers must go beyond standard practices to build beyond code. For a project to achieve a third-party sustainability certification, sophisticated and thoughtful development teams must engage early to find development efficiencies. To deliver customary returns on sustainable real estate projects, teams must bring deep development knowledge and experience. In our experience, a third-party sustainable certification signals better development teams and a competitive marketing advantage upon sale or lease-up. 

Mitigate Risk with Greater Differentiation in the Marketplace
Certified projects provide the developer a competitive advantage by lowering risk. These projects offer a unique selling proposition and compelling storytelling narrative that helps foster trust with tenants and homebuyers and creates greater brand differentiation. Today, individuals with increased awareness and a growing demand for quality housing are looking for more than just a place to live. Certified sustainable projects signal better quality and value and help attract tenants and homebuyers seeking those attributes amid limited housing choices. By prioritizing environmentally friendly materials and energy efficiency - sustainable projects are less vulnerable to market fluctuations and regulatory change. This reduces risk to the developer and investors while signaling higher quality housing and offering more stable market-rate returns. 

Third-party certified sustainable projects strengthen market-rate returns regardless of the market cycle. They are an indication of stronger development teams with appropriately differentiated assets which creates a winning formula for generating market-rate returns. 

At Cambia Capital, we know that what we build today matters. Transitioning the built environment towards a net zero economy is essential for achieving a sustainable future.

For further information, please contact: 
info@cambiacap.com 

Why Real Estate, Why Now?

Participating in real estate development, lending and investment through multiple market cycles provides valuable context for understanding the current real estate market. While economic indicators and trends are never quite the same as the past, long-term experience as a real estate marketplace participant provides grounding.

In the present moment, the marketplace has factored in the possibility of a rate decrease in September. What is most meaningful about this expectation is the assumption that a rate increase is likely far behind us. We seem to have entered a brief period of economic stability, a solstice moment, where conditions seem to pause, neither increasing nor decreasing. Moments like these are brief.

Now is a strategic time to invest in real estate. The current market environment offers a greater degree of certainty than in recent years, a period that has worn on and worn down many developers. Those who have survived are active, signaling an opportunity.

Key economic indicators offer some certainty of what the future will not become. We have meaningful certainty that the near future will not involve higher interest rates. The current belief is interest rates will come down. The peak of inflation of 2021 is unlikely to return. As interest rates stabilize or gradually decline, developer pro formas start looking better, and consumers begin experiencing greater purchasing power. While some rate relief in the near term seems likely, the Fed’s concern will be to not overheat the economy with dramatically lower rates. The Fed’s goal will be to maintain a period of sustainable growth, with full employment, in a moderate interest rate environment.

The construction industry supply chain disruptions brought on by COVID have largely worked its way through the system. Hiccups in supply chains and material prices remain. However, this is and will always be the case. Material prices following the inflation rate downward pair with more reliable supply chains to offer developers far greater reliability than during the past four to five years, not less.

The presidential election has also taken a turn toward greater certainty for real estate developers. With Kamala Harris as the presumptive Democratic candidate, her administration would likely assume a similar economic policy approach as her predecessor. Should Donald Trump win, his prior perspective as a pro-real estate President would likely favor real estate economic activity and a low interest rate environment.

Markets across the housing landscape still lack enough units to meet demand. This imbalance of a lack of supply relative to demand is especially true and acute in residential housing. At this moment homebuilders’ engines are firing hard to address this opportunity that is more and less severe depending on the market.

At Cambia Capital, our perspective is not only shaped by our experience as fund managers but as executives of a leading sustainable residential developer bringing units to market for decades before and throughout the COVID pandemic. It is abundantly clear to us that today’s real estate market is gearing up for a growth spurt. Investors capable of reading the market landscape and possessing sophisticated real estate underwriting expertise are and should be active. The assumption that disproportionate returns are achieved by investors who deploy capital sooner, relative to investors participating later in the cycle, is clear.

Why real estate at all?  A fundamental imbalance of low supply verses high demand favors investments in the supply side of any market, including real estate. In fact, investing in the supply of new housing at a time of generally intense and growing demand offers more certainty and lower risk to investors and development teams. While some markets may have balanced or oversupplied conditions, skilled developers and investors can accurately analyze market dynamics and make sound investment decisions based on specific locations. The ability to analyze markets and align to proven teams increases supply-side advantages in the current moment. Additionally, real estate serves as a safe harbor amid geopolitical rebalancing and provides valuable portfolio diversification. Investing in real estate through experienced and sophisticated real estate teams offers a lower risk, market-rate return in segments in the economy whose market fundamentals are generally well understood.

Why certified sustainable real estate? The built environment is responsible for over 40% of our global carbon emissions. While sustainable real estate is both better for communities and the planet than code-built real estate, we also see opportunities to drive alpha and mitigate risk. Building beyond code to third-party sustainably certified standards requires more thought, planning and typically more sophisticated development teams. Over time better teams deliver better performing projects. Furthermore, certified sustainable real estate is differentiated in the marketplace, offering developers faster lease-up and sales through storytelling and messaging advantages.

Summary:
The current real estate market presents a unique opportunity for investors and developers alike. With a period of economic stability, flat to declining interest rates, a persistent supply-demand imbalance, and developer’s potential access to lower cost capital; the conditions are ripe for strategic investment.  Furthermore, market participants on the front end of market cycles tend to receive outsized returns relative to those coming in later in the cycle for a few reasons.

1. they have been in similar market cycles before and know how to read the real estate landscape,  

2. they have sophisticated development teams or the ability to invest in real estate through those teams,

3. they invest in the solstice moment.

As a leading impact real estate finance firm committed to accelerating the decarbonization of the built environment, we believe this is the moment to take note and align to strong real estate teams. Not only do we see opportunity for investors, but we also see there is an opportunity to bring more housing to market while catalyzing the transition of the built environment towards sustainability.

For further information, please contact: 
info@cambiacap.com 

Susan Weingartner Appointed CEO of Cambia Capital

Susan Weingartner, CEO | Cambia Capital

FOR IMMEDIATE RELEASE

Seattle, WA — Cambia Capital, a sustainable real estate investment firm, is pleased to announce the appointment of Susan Weingartner as Chief Executive Officer, effective immediately. Susan, previously Managing Member at Cambia Capital, brings her extensive experience in sustainable real estate investment and impact-driven finance to guide the company’s strategic vision.

As former co-Founder and Chief Marketing Officer at Green Canopy NODE, Susan has over 15 years of experience in developing and financing impact real estate. She has played a pivotal role in driving sustainability in the market and aligning investor capital with financial, social, and environmental goals. As CEO, Susan will continue to champion these principles, steering Cambia Capital towards its mission of transforming the built environment toward a net zero economy.

"Susan's deep expertise in the built environment and her unwavering dedication to impact make her the ideal leader for Cambia Capital as we continue to innovate in sustainable real estate investment," said Andy Wolverton, Managing Member of Cambia Capital. "Her vision and dedication will propel our firm forward, ensuring we deliver competitive market-rate returns while advancing our sustainability goals."

Throughout her career, Susan has emphasized the importance of measuring and managing impact. At Green Canopy NODE, she led the creation of the firm’s theory of change and developed and managed seven comprehensive impact reports. Her strategic insight and hands-on approach have been critical in using capital as a lever for market transformation.

“I am honored to assume the role of CEO at Cambia Capital," said Susan Weingartner. "Real estate sits at the nexus of our global climate crisis and our housing crisis. What we build today matters as we work toward that better future we all desire. With over 15 years of experience in sustainable real estate development, this team is well-positioned to lead the shift toward sustainability in new residential construction across the United States. We will continue to leverage the power of capital to create impactful change and build partnerships that pave the way for a net zero transition by 2050."

Susan’s leadership spans the non-profit, government, philanthropic, and business sectors. With a proven track record in venture philanthropy, corporate social responsibility, advocacy and policy, and impact investments, her cross-sector experience makes her a formidable force in transforming sustainable real estate. Susan holds a Master of Public Administration (MPA) from the University of Washington and is recognized as a Chartered Alternative Investment Analyst (CAIA) charterholder.

About Cambia Capital: Cambia Capital is a leading impact real estate finance firm committed to accelerating the decarbonization of the built environment and the transition to a net zero economy. With a focus on delivering both financial returns and measurable impact, Cambia Capital leverages its expertise in sustainable real estate development and fund management to drive transformative real estate projects across the Pacific Northwest and beyond.

Cambia Capital was founded by co-founders and former executives of Green Canopy NODE. As award-winning builders and innovators, they recognize the opportunity to invest in third-party certified residential real estate, integrating decarbonization and market-rate returns for investors.

For media inquiries or further information, please contact: 

Email: marketing@cambiacap.com 

Catalyzing Market Transformation in the Built Environment

CATALYZING MARKET TRANSFORMATION IN THE BUILT ENVIRONMENT

Executive Summary:

As co-founders and former executives at Green Canopy NODE, the principals at Cambia Capital have dedicated years to decarbonizing the built environment. Through financing, developing, and constructing hundreds of third-party certified, deep green residential real estate projects across the Pacific Northwest, their experience illuminates how to transform the real estate market in pursuit of achieving decarbonization goals.

This paper discusses the critical mechanisms required for market transformation to occur in the built environment, emphasizing the synergy between policy improvements, real estate development practices, and strategic capital deployment.

DOWNLOAD DOCUMENT

About Cambia Capital: Cambia Capital is a leading impact real estate finance firm dedicated to accelerating the decarbonization of the built environment and the transition to a net zero economy. With a focus on delivering both financial returns and measurable impact, Cambia Capital leverages its expertise in sustainable real estate development and fund management to spearhead transformative real estate projects across the Pacific Northwest and beyond.

Cambia Capital was founded by co-founders and former executives of Green Canopy NODE. As award-winning builders and innovators, they uniquely recognize the opportunity to invest in third-party certified residential real estate, unlocking the intersection of decarbonizing the built environment and delivering market returns to investors.

 
For further information, please contact: 

info@cambiacap.com 

Cambia Capital Announces Successful Initial Close of Douglas Fir Fund with $20 Million AUM

FOR IMMEDIATE RELEASE

Cambia Capital, a pioneering force in impact real estate and finance, is excited to announce the successful initial close of its Douglas Fir Fund (Fund) with $20 million of initial investment. The milestone marks a significant step towards accelerating the transition of the built environment towards a net zero economy. 

The Fund will immediately begin deploying invested capital. Exclusively targeting residential real estate projects that are built beyond current code requirements to a third-party certified, green-built standard, or equivalent, the Fund is committed to investing in tangible, positive change.

Over the last two decades the principals of Cambia Capital, Andy Wolverton, Susan Weingartner, and Aaron Fairchild, have been on the forefront of both impact real estate development and the finance needed to develop and build these projects. As co-founders and former executives of Green Canopy NODE, their decades-long expertise has consistently delivered targeted rates of return, all the while making measurable impacts on hundreds of transformative real estate projects throughout the Pacific Northwest.  

Cambia Capital’s experience not only gives them unique access to third-party certified and mass timber projects, it also equips them with the unique skill set required to underwrite and invest in deep green projects while achieving market rate returns for their investors.

The Fund, a $200 million alternative investment vehicle with a 5-to-7-year fund life, is designed to issue cash flow distributions and recycle capital contributions throughout its investment period. The Fund is dedicated to closely measuring and reporting the impact generated by its investments, thereby delivering verifiable ESG returns to its Limited Partners.

If you are a development team in search of project equity or debt, please contact the Cambia Capital team.


About Cambia Capital: Cambia Capital is a leading impact real estate development and finance firm dedicated to accelerating the transition of the built environment to a net zero economy. With a focus on delivering both financial returns and measurable impact, Cambia Capital leverages its expertise to spearhead transformative real estate across the Pacific Northwest and beyond.

 
For media inquiries or further information, please contact: 

marketing@cambiacap.com 

GeekWire News Feature: PNW climate tech execs launch real estate investment firm focusing on mass timber projects

Lisa Stifler’s article in GeekWire, “PNW climate tech execs launch real estate investment firm focusing on mass timber projects” shares the launch of Cambia Capital and the team’s fifth real estate fund - Douglas Fir Fund.

For media inquiries or further information, please contact: 

marketing@cambiacap.com 

Green Canopy NODE Co-Founders Set to Launch Cambia Capital, Pioneering Sustainable Real Estate Investment Firm

After fifteen transformative years as co-founders of Green Canopy NODE, Aaron Fairchild, Andy Wolverton, and Susan Weingartner are set to embark on a new venture. Today, they announce the launch of Cambia Capital, a real estate investment firm focused on investing in resilient and sustainable real estate projects.  

At Green Canopy NODE, they successfully helped build a sustainable real estate development and construction technology company, raised and managed over $100m in corporate and project related debt and equity, and successfully developed and capitalized four real estate investment funds. The co-founders' transition from Green Canopy NODE marks a methodical and designed succession following a strategic merger, a successful $13.75 million Series Seed preferred equity raise, and a $20 million institutional anchor investment into Cambia Capital’s new real estate investment fund.  

"With decades of experience developing deep green, residential units, managing investments over $100 million, lending and establishing four high impact real estate funds, we are thrilled to continue the transformative journey with Cambia Capital. As Managing Members at Cambia Capital, we are excited to drive more investment into our growing pipeline of regenerative real estate projects," says Aaron Fairchild.

This transition comes at a strategic time when Green Canopy NODE is well positioned and capitalized with an institutional investment partner to achieve profitable growth and scale. Their transition underscores a strategic move to meet the demand of the institutional capital market. Aaron will remain with Green Canopy NODE as a Board Director and the Cambia Capital team will continue to manage Green Canopy NODE’s current fund, the Cedar Fund, as it winds up. The team expects to partner with Green Canopy NODE as its architect, consultant, product-provider and general contractor on their projects over the coming years.

Cambia Capital was created in response to the clarion call for delivering authentic impact. The name 'Cambia,' derived from 'cambium,' symbolizes the lifeblood of a tree. In Spanish, 'cambia' also means change. With a $20M anchor institutional investor for its next fund, the Douglas Fir Fund, Cambia Capital is positioned to be a force for positive change within the real estate investment landscape. The firm will deploy capital into sustainable real estate projects that are built beyond code, with a focus on mass timber, net-zero energy, and third-party certified green built projects. 

As they begin their next journey, the co-founders express their gratitude to the team, partners, and investors who have been integral to Green Canopy NODE’s success over the years and who will naturally be part of their continued journey with Cambia Capital. They are excited about the opportunities ahead and are confident that Cambia Capital will make a lasting impact on the real estate landscape. 


About Cambia Capital: Cambia Capital is a real estate investment firm founded by three co-founders of Green Canopy NODE to help create resilient communities. Over the last two decades the principals of Cambia Capital have been on the forefront of both sustainable real estate development and the finance needed to develop and build these projects. Their expertise has consistently delivered targeted returns with measurable impact in real estate developments throughout the Pacific Northwest. 

For media inquiries or further information, please contact: 

marketing@cambiacap.com