Roundhouse bullish on continued growth after 1,500-unit expansion; The Boise, Idaho, developer has made $300 million in acquisitions and $150 million in new groundbreakings this year

10/3/2024

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Multifamily Dive

• Subcategory: MF: Market Rate

• Tag: Q&A | Strategy

• Additional Filters-Subcategory: MF: Garden, MF: Midrise

After buying only one asset and delivering only one development in 2023, Boise, Idaho-based owner-operator Roundhouse is expanding rapidly this year. The firm has made over $300 million in acquisitions and $150 million in new groundbreakings across the Western U.S in 2024. It entered the northern Colorado market with the Cycle Apartments in Fort Collins, Colorado, and Clovis Point in Longmont, Colorado, a pair of acquisitions totaling 613 units, and recently started two projects — Snowfarm in Missoula, Montana, and Cloudveil in Idaho Falls, Idaho — set to deliver next year.