OWNED & OPERATED

Columbia, South Carolina · 113 Residences

Land Bank Lofts Apartments in Columbia

A distinctive residential community in downtown Columbia

Acquired by XSITE Capital in April 2022, Land Bank Lofts apartments in Columbia combine historic architectural character with residential living in South Carolina’s capital city. The investment offering is fully subscribed.

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Historic entrance to Land Bank Lofts apartments in Columbia, South Carolina

At a glance

Facts on the property

Property type: Multifamily
Residences: 113
Location: Columbia, South Carolina
Acquired: April 2022
Status: Owned and operated
Offering: Fully subscribed
Target hold period: Seven years
Property management: Fortis Property Management

Original underwriting target: 15–18% annually^*

*Original underwriting target established at acquisition. This is not a realized return or guarantee of future performance.

1401 Hampton Street, Columbia, SC 29201

The property

Historic character in South Carolina’s capital

Land Bank Lofts is a 113-residence multifamily community in Columbia, South Carolina. The property occupies the former Federal Land Bank building, giving it an architectural identity that differs substantially from a conventional apartment community.

XSITE Capital acquired the property in April 2022 with an original seven-year target hold. Fortis Property Management manages daily operations, while XSITE Capital oversees the asset strategy, investor reporting, and execution of the business plan.

Land Bank Lofts is part of XSITE Capital’s multifamily portfolio

The building

A building with a story

The property’s original stone façade, detailed entrance, large windows, and institutional architectural character give Land Bank Lofts a recognizable presence in Columbia.

The asset-management strategy respects that identity while supporting a comfortable, well-operated residential community.

See the community in photographs

Stone façade and balconies

Lobby seating

The investment

A differentiated community in a diversified market

Land Bank Lofts combines a distinctive residential property with a Columbia market supported by state government, higher education, military activity, healthcare, and other regional employers.

The investment strategy uses a longer planned hold period to support measured operational and property improvements while preserving the community’s differentiated position.

The business plan

A patient approach to property performance

Residential improvements

Complete approved residence improvements as opportunities arise, while respecting the building’s existing architectural character.

Building stewardship

Maintain and enhance the property’s common areas, exterior presentation, building systems, and shared spaces.

Operational management

Work with the property-management team to strengthen leasing, maintenance, expense management, and the resident experience.

Long-term execution

Evaluate the property’s performance and market position throughout the longer planned hold period.

Learn more about XSITE Capital’s investment approach

The community in photographs

Land Bank Lofts apartments in Columbia

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The market

Columbia, South Carolina

Columbia is South Carolina’s capital and is home to state-government institutions, the University of South Carolina, Fort Jackson, healthcare systems, and a range of regional employers.

This mix gives the city a broad employment and resident base rather than tying housing demand to one individual sector.

See how XSITE evaluates markets and investment opportunities

Columbia

Previous experience in Columbia

Land Bank Lofts followed XSITE Capital’s previous investment experience in the Columbia market, including The Vue at St. Andrews.

XSITE Capital previously completed the full investment cycle for The Vue at St. Andrews after approximately 21 months.^*

*Prior investment outcomes are not indicative of future results.

Reporting

Active management throughout the hold

XSITE Capital oversees execution of the Land Bank Lofts business plan and provides participating investors with regular reporting through the investor portal.

Updates may include property operations, financial performance, capital projects, residence improvements, and other material developments.

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Questions about Land Bank Lofts apartments in Columbia

Where is Land Bank Lofts located?

Land Bank Lofts is at 1401 Hampton Street, Columbia, SC 29201.

How many residential units are at Land Bank Lofts?

The community has 113 residential units.

When did XSITE Capital acquire Land Bank Lofts?

XSITE Capital acquired Land Bank Lofts in April 2022.

What makes Land Bank Lofts distinctive?

The community occupies the former Federal Land Bank building and retains architectural features that distinguish it from a conventional apartment property.

Is Land Bank Lofts open for investment?

No. The Land Bank Lofts investment offering is fully subscribed. Qualified investors can review XSITE Capital’s current offering or talk with the team about future opportunities.

Why a seven-year target hold?

The original business plan used a longer target hold to allow time for measured operational and property improvements. Actual timing may differ based on performance, market conditions, and other relevant factors.

Who manages Land Bank Lofts?

Fortis Property Management manages daily operations, while XSITE Capital oversees the asset strategy.

Current Opportunities

Land Bank Lofts is fully subscribed. See what comes next.

Explore XSITE Capital’s current offering or talk with the team about future investment opportunities.

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