Freehold Capital Management Enters Q3 with New Projects, Developments and Team

BOSTON, June 18, 2025 /PRNewswire/ -- Freehold Capital Management® (FCM), a fully integrated Real Estate Investment and Development Firm, has announced milestone achievements as it enters Q3, 2025. These include the first completed  structured land transactions of its newest affiliate, Programmatic Land Capital (PLC), and significant successes from Freehold Communities®, one of the nation's most vibrant and forward-looking developers of residential masterplan communities. Anticipating continued strategic growth, Freehold Capital Management has amplified its executive roster, adding team members and elevating others to new positions. 

"Despite shifting market conditions, FCM remains focused on optimizing its platform and leadership to meet long-term U.S. residential housing demand in its various business lines," said Casey Tischer, owner and co-founder of Freehold Capital Management.

Carnes Crossroads Launches as South Carolina's Largest Agrihood: More than 3,000 people celebrated the recent grand opening of the Carnes Crossroads agrihood in Goose Creek. This is Freehold Communities' latest agrihood, the largest of its kind in South Carolina. The working farm, children's garden and store are led by Farm Director Christopher Burtt. As with Freehold's agrihoods nationwide, Carnes Crossroads cultivates more than crops—it's growing a community focused on healthy, sustainable living.

"The opening of Carnes Crossroads is a highlight of the first half of 2025 – one of a string of nationwide successes for Freehold," said Tischer

Saratoga Springs Breaks Ground in Florida: Freehold Communities recently broke ground on what will be its next agrihood, a 2,240-acre community in Clay County, Florida. Lennar and Ryan Homes are builder partners in the first phases of the community. Construction begins early 2026. "Saratoga Springs will emerge in a market ranked among the fastest growing in the region," said Tischer. "We are excited to enhance this opportunity by building another Freehold community that serves its residents by engaging directly with nature."

New Masterplan, Oak Knoll, Coming to Oakland, California: Development Advisory Services announced its newest management deal, a 191-acre masterplan at the former Oak Knoll Naval Medical Center. Like FCM's other communities, Oak Knoll will emphasize generous open space, recreation areas, parks, trails and bikeways, along with commercial space and a one-of-a-kind, 14,000-sq.-ft. historic officers club turned community center.

Clear Lake Reserve Joins FCM's 360 Communities®: The luxury townhomes of Clear Lake Reserve in Pooler Georgia are the latest in Freehold's portfolio of "live and lease" neighborhoods. They serve the rapidly growing consumer demand to lease new homes in attractive communities, rich with amenities.

Freehold Capital Management Unveils Programmatic Land Capital, Closing Two Transactions: FCM has launched a new service for homebuilders, Programmatic Land Capital. In a partnership with a large public homebuilder and a private equity partner, PLC has initially closed on two projects and anticipates more project closings through the balance of the year. "We are excited about expanding our platform and creating a highly scalable solution to assist in optimizing homebuilders' balance sheets by providing developed lots in a just-in-time fashion," said Jesse Baker, owner and co-founder of Freehold.

New Hires and Promotions: Propelling growth at Freehold Capital Management are these industry-leading executives:

• Glen Tulkjoins the leadership team as Chief Operating Officer and Executive Vice President, West Operations. Mr. Tulk oversees legal, human resources, marketing, transactions, and western U.S. development operations.  He brings over 35 years of experience including 30 years in land acquisition, community planning, and development.
  
  
• Randy Teteak moves to Chief Investment Officer and Executive Vice President, formerly Executive Vice President, Real Estate. Under Randy's leadership, members of his team have also expanded their roles and responsibilities including Quintin Grandstaff recently promoted to Senior Vice President, Investments & Asset Management, and Sam M. Malone, as Vice President, Asset Management.
  
  
• Joining Andrew Smith, Executive Vice President, East Operations, is Jeremy Hampson, Division President, Florida.  Prior to joining Freehold, Mr. Hampson spent over a decade in project management and land acquisition, leading Florida divisions as Vice President for Toll Brothers, overseeing strategic growth in new and existing markets.

Freehold Capital Management (FCM) is an opportunity-focused investor and developer of real estate throughout the United States. Since its founding in 2013, and headquartered in Boston, MA, FCM has focused on a broad range of housing, including mixed-use residential, masterplanned developments, land development and infrastructure, as well as concentrated rental communities. These ventures extend through FCM's four brands: Freehold Communities®, 360 Communities®, Development Advisory Services, and Programmatic Land Capital brands. Freehold Communities is one of the nation's largest developers of award-winning, large-scale, mixed-use, and masterplanned communities. 360 Communities is a fast-growing provider of high-quality new homes for lease. The Development Advisory Services subsidiary tailors' strategies for maximum ROI for investors, sellers and lenders. And the Programmatic Land Capital (PLC) program offers off-balance sheet capital and land development solutions to builders. FCM has assets, investments, and offices all over the county, with over 16,000 acres of land, almost 2 million square feet of retail and office development space, and over 32,000 for sale or rental units under development, or recently completed. To learn more, visit FreeholdCM.com.

Jack Skelley, JSPR
310-490-4220
JackSkelley@JSPRLA.com

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SOURCE Freehold Capital Management