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Greenlite Holdings

Invest in a Multifamily Real Estate Company Acquiring Properties in Oklahoma City, Built to Go Public.
Most real estate offerings give investors exposure to a single property, portfolio, or fund. Your return is tied to one building's rent roll. Greenlite gives accredited investors preferred equity in the operating Company itself.
In practical terms: when Greenlite acquires its second building, its third, its tenth, you are not simply earning on the rent of one property. You are participating in the value of a Company that successfully acquires and operates multiple buildings, with potential upside if Greenlite scales, recapitalizes, is acquired, or pursues a future public listing.
Profile reflects the Company's historical performance. Subject to investment restrictions and risk factors. Past performance is not indicative of future results.
Meet the CEO Who Has Successfully Deployed $183M+.
Jonathan Lewis walks through Greenlite directly, the strategy, the market, and the long-term plan.
Two Paths for Accredited Investors
Ready investors can proceed directly to the offering. Investors who want to review the deck, materials, or speak first should use the form.
Ready to Invest
Begin the investment process and review official offering materials.
- OfferingReg D Rule 506(c)
- SecuritySeries A-1 Voting Preferred
- EligibilityAccredited investors only
- Minimum$2,500
Review the Deck First
Evaluate the structure, strategy, track record, and terms before deciding whether to proceed.
- ReceiveInvestor deck
- ReviewCompany-level structure
- DiscussSpeak with investor relations
- Contact+1 656-565-7583
$1B+ in Distressed Multifamily. One Market. One Operator.
Oklahoma City is one of the fastest-growing secondary markets in the country. Sustained in-migration, rent growth above the national average in workforce housing, limited new supply at the price point that matters, and a diversified economy. It is exactly the kind of market institutional capital should be in, with the lane still open for disciplined local operators.
Within that market, Greenlite has identified more than $1B in distressed and failing multifamily. These are the buildings the megafunds skip: too small, too operationally complex, too dependent on hands-on repositioning. And the local operators who can execute on them are often undercapitalized.
That gap is the opportunity. Greenlite has spent 17 years operating in exactly this space: $183M+ deployed, $28.2M in realized profits, 2,690 units. The pipeline exists. The execution is proven. Series A-1 capital is what unlocks the next chapter.
Not the Deal. The Company Creating the Deals.
Greenlite gives accredited investors exposure to the operating Company built to repeatedly acquire, improve, and operate the assets.
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Most Investors Already Understand Real Estate.
They may own rentals, invest in syndications, hold REITs, or participate in private funds. Those structures usually provide exposure to the asset.
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Greenlite Gives Investors a Different Kind of Exposure.
Greenlite investors purchase preferred equity in Greenlite Holdings, Inc., the operating Company designed to source acquisitions, execute renovations, manage assets, and build long-term Company value.
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Why That Matters Financially.
A traditional real estate investment may perform based on one property. Greenlite's potential upside may also come from the Company itself becoming more valuable as it scales.
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Why This Deserves Review Now.
Greenlite is offering operating-company exposure while the Company is still private. If the Company scales, recapitalizes, is acquired, or pursues a future listing, investors may participate in company-level value creation. None of these outcomes are guaranteed.
A Simple Way to Understand the Investment
Why the Structure Matters
One Investment. The Whole Company.
Greenlite buyers get more than a single property. They buy preferred shares in the Company that acquires, renovates, and operates every property in the portfolio.
The playbook is simple: acquire under-optimized multifamily buildings, improve them, operate them well, repeat. Every successful acquisition adds value to the Company and to the shares you hold.
These are potential pathways, not promised outcomes.
The Restoration Candlewood
A Track Record Built Through Execution
Track record, operating history, and related statistics reflect Jonathan Lewis's and affiliated prior-entity principal experience and are not solely attributable to Greenlite Holdings, Inc. Past performance is not indicative of future results.
Acquired. Repositioned. Realized.
Highpoint Creek is the reposition underway today. Below it, the closed exits that prove the same hands-on playbook across multiple market cycles. Outcomes shown for closed deals are realized.
Highpoint Creek
Oklahoma City, OK · Acquired September 2023
A full value-add reposition of a 252-unit Oklahoma City community. Interior and exterior renovations, a management reset, and tighter day-to-day operations, running the same hands-on playbook behind the realized exits below.
Current affiliated project under common control. Highpoint Creek is owned by Greenlite Holdings, LLC. Greenlite Holdings, Inc. does not directly own real estate assets as of the current disclosure date. Not yet realized. Past performance is not indicative of future results.
The Restoration Candlewood
The Gradley
Catalina Vista
Latitude 32
Selected realized exits attributable to Jonathan Lewis and affiliated prior-entity principal experience. Individual deal outcomes vary. Past performance is not indicative of future results.
Execution-Led Multifamily Strategy
Greenlite's strategy is based on operational improvement, not financial engineering or market timing.
Identify
Under-optimized workforce multifamily properties where performance may not reflect potential.
Acquire
Acquire assets where execution can create value.
Improve
Renovate, upgrade management, improve occupancy, and control costs.
Stabilize
Create stronger income, refinancing optionality, sale optionality, or long-term ownership.
Compound
Each project strengthens the playbook, credibility, and ability to pursue future acquisitions.
The discipline behind every acquisition.
Jonathan Lewis
CEO & Founder · Greenlite Holdings
Jonathan Lewis founded Greenlite during the 2008 financial crisis. Through multiple market cycles, the Company has executed full-cycle exits across Oklahoma City and Tulsa, with capital deployed alongside investors on every transaction.
Under his leadership, Greenlite operates with a team of twelve to fifteen specialists across construction, asset management, origination, disposition, acquisition, and property operations. Every renovation scope is third-party validated. Every disposition is timed to operations, not market sentiment.
Offering Terms
This summary is qualified in its entirety by the Private Placement Memorandum and subscription documents. Prospective investors should review all offering materials, including risk factors and disclosures, and verify accredited status before making an investment decision.
This Offering May Be a Fit For
- Accredited investors seeking exposure to a real estate operating Company.
- Investors evaluating company-level value creation.
- Investors interested in value-add multifamily housing.
- Investors seeking a private-market opportunity with long-term upside potential.
This Offering Is Not For Investors Who Need
- Guaranteed returns.
- Short-term liquidity.
- Principal protection.
- Predictable exit timing.
- A publicly traded security today.
Review the Investor Deck
For accredited investors who want to review the full materials before proceeding.
- Receive the investor deck.
- Review the strategy, structure, and offering overview.
- Speak with investor relations before investing.
- Proceed to subscription when ready.
Frequently Asked Questions
Who is eligible to invest, and how is accreditation verified?
This is a Regulation D Rule 506(c) offering and is available only to accredited investors. You will be asked to verify your accredited status during the investment process, either through a third-party verification method or by providing permitted documentation. Your subscription will not be accepted until verification is complete.
What are the steps after I click "Start Investment"?
Step 1: Create/confirm your investor profile and complete the questionnaire.
Step 2: Verify accredited investor status.
Step 3: Review and sign the subscription documents.
Step 4: Fund your investment (ACH/wire) and receive confirmation once accepted and countersigned.
Can I invest through an LLC, trust, or IRA?
Many investors invest through an LLC, trust, or a self-directed retirement account. If you invest through an entity or retirement account, you may be asked for additional information (entity documents, authorized signer, custodian paperwork, etc.). Please consult your legal/tax advisor and confirm requirements with your custodian if applicable.
How do I know my subscription was received and accepted?
After you submit your subscription, you should receive an on-screen confirmation and/or email confirmation that your submission was received. Greenlite will review your submission and may request additional information (including accreditation verification) before acceptance. Once accepted, you should receive confirmation and access to the final countersigned documents through the portal.
What is the minimum investment?
The minimum investment for this offering is $2,500.
How do volume discounts work?
The base (headline) price is $2.00 per share (before discounts). Higher commitment amounts may receive a discounted purchase price per share as shown in the tier table on this page. Your estimated share count is calculated as your investment amount divided by the effective price per share at your tier.
If I invest multiple times, are discounts cumulative?
Discount tiers are intended to be based on your cumulative funded amount in this offering. Each new investment is priced at the tier reached after that purchase, and prior purchases are not repriced. If you plan to invest in multiple tranches and want to confirm your expected tier, contact [email protected] before submitting.
Is there early-bird pricing?
Greenlite may adjust the offering share price over time based on business objectives and market conditions. Any pricing in effect at the time of your investment will be reflected on this offering page and in the offering materials.
Do prior purchases get repriced if I cross a new tier later?
No. Each subscription is priced based on the tier at the time that subscription is accepted. Prior purchases are not retroactively repriced.
How is this different from a typical syndication or a private real estate fund?
This offering is for equity in the operating Company, not a one-off single property syndication. It is also not a finite-life blind-pool fund with a set liquidation date. Greenlite's strategy is to scale the operating Company and deploy capital across multiple acquisitions over time, driven by controllable value-add execution.
How does Greenlite source acquisitions?
Greenlite sources opportunities through broker relationships, direct outreach, and an ongoing pipeline focused on multifamily assets where operational execution and renovations can create value. The team applies a consistent underwriting process and focuses on deals where improvements are controllable (not dependent on cap-rate speculation).
What is the operating playbook (Acquire, Reposition, Stabilize, Operate)?
Greenlite's playbook is: acquire properties that fit the strategy, reposition through targeted renovations and operational improvements, stabilize occupancy and operations, and operate for yield while continuing to scale. The goal is repeatable execution across multiple acquisitions rather than a single bet on one building.
How will investor capital be used (use of proceeds)?
Net proceeds are intended to be used alongside other proceeds to finance the Company's equity commitments in future multifamily acquisitions, support value-add programs, and fund general working capital and corporate purposes. A portion of proceeds may also support corporate infrastructure and offering expenses as disclosed.
What am I buying?
You are buying Series A-1 Voting Preferred Stock in Greenlite Holdings, Inc. This is equity in the Company, not a single-property investment. The preferred security has a liquidation preference and conversion features described in the Series A-1 Term Sheet and offering documents.
In plain English, how does the 100% preference + upside participation work?
In certain liquidity events treated as a liquidation event, Series A-1 Preferred is designed to receive 100% of the original purchase price per share before any distribution is made to Common Stock, subject to the governing documents. After that preference amount is satisfied, Series A-1 is designed to participate with Common Stock on an as-converted basis in remaining proceeds (a "participating preferred" structure). This is a structural feature, not a guarantee of outcome.
How do dividends work?
Dividends on Series A-1 are non-cumulative and are only paid when, as, and if declared by the Board out of legally available funds. The term sheet provides that dividends on Common Stock may not be paid unless an equivalent per-share dividend is paid on Series A-1 on an as-converted basis.
What is conversion and when can I convert?
Holders may be able to convert Series A-1 Preferred into Class A Common at any time under the terms in the Certificate of Designation and term sheet. In certain events (such as a qualified listing/direct listing approved by the Board), Series A-1 may automatically convert based on the conversion mechanics described in the offering documents.
Is there anti-dilution protection?
The term sheet describes a broad-based weighted-average anti-dilution adjustment to the conversion price in certain down-round issuance scenarios (with standard exclusions). This mechanism is intended to reduce dilution to conversion economics in specific cases, but it does not eliminate investment risk.
Do Series A-1 shares have voting rights?
Series A-1 is a voting preferred security. The term sheet provides that each share generally carries one vote per share on matters submitted to stockholders, voting together with Common on an as-converted basis (except where a separate class vote is required). Series A-1 also has class protective provisions for certain major actions.
What is the NYSE American objective and what is not guaranteed?
Greenlite's long-term objective is to evaluate a potential NYSE American direct listing as the Company scales. This is not guaranteed and there is no promised timeline or outcome. Any liquidity event depends on multiple factors including the Company's scale, market conditions, and board decisions.
Can I sell or transfer my shares before a liquidity event?
These securities are restricted and there is no public market today. Transfers are subject to securities law requirements, holding periods, and the restrictions in the subscription documents. If you are considering a transfer, consult your advisor and contact [email protected] for process guidance.
What reporting will I receive and how often?
Greenlite intends to provide periodic investor updates and reporting as the Company scales, which may include financial summaries and portfolio/company updates. The exact cadence and format will be described in the investor materials and may evolve over time.
What are the primary risks I should underwrite?
All investments involve risk, including market risk, execution/renovation risk, financing/leverage risk, and liquidity risk (you may not be able to sell your shares). You should review the full risk factor disclosure before investing and consult your advisor.
What types of properties does Greenlite target?
Greenlite generally targets underperforming multifamily properties where a repeatable repositioning plan (unit upgrades, property-level improvements, and tighter operations) can improve performance over time. Specific targets and criteria are described in the offering materials.
Where does Greenlite focus its acquisitions?
We focus where operational execution can matter more, markets with less institutional saturation and clear local demand drivers, where basis and upside may be supported by controllable improvements. Market focus may evolve over time as opportunities change.
How does Greenlite manage renovations and operational execution?
Our approach is built around disciplined underwriting, clear renovation scopes and budgets, and hands-on oversight from acquisition through renovation and ongoing operations. Execution involves real risk, and results depend on market conditions and operational performance; details are in the offering materials.
What reporting should investors expect?
Greenlite intends to provide periodic investor updates and reporting as the Company scales. The cadence, format, and contents are described in the offering materials and may evolve over time.
This Is the Exposure Most Real Estate Deals Do Not Offer.
Greenlite is not simply offering access to another property. Greenlite is offering accredited investors the opportunity to evaluate preferred equity in the Company built to source, acquire, improve, and scale value-add multifamily assets.
For investors seeking differentiated real estate exposure, the question is not only whether one asset can perform. The question is whether the operating Company can compound.
Private Placement Memorandum
THE SECURITIES OFFERED HEREBY HAVE NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED (THE “ACT”), OR ANY STATE SECURITIES OR BLUE SKY LAWS AND ARE BEING OFFERED AND SOLD IN RELIANCE ON EXEMPTIONS FROM THE REGISTRATION REQUIREMENTS OF THE ACT AND STATE SECURITIES OR BLUE SKY LAWS. ACCORDINGLY, THE SECURITIES CANNOT BE SOLD OR OTHERWISE TRANSFERRED EXCEPT IN COMPLIANCE WITH THE ACT. IN ADDITION, THE SECURITIES CANNOT BE SOLD OR OTHERWISE TRANSFERRED EXCEPT IN COMPLIANCE WITH THE APPLICABLE STATE SECURITIES OR BLUE SKY LAWS. THE SECURITIES HAVE NOT BEEN APPROVED OR DISAPPROVED BY THE SEC, ANY STATE SECURITIES COMMISSION OR OTHER REGULATORY AUTHORITY, NOR HAVE ANY OF THE FOREGOING AUTHORITIES PASSED UPON THE MERITS OF THIS OFFERING OR THE ADEQUACY OR ACCURACY OF ANY OTHER MATERIALS OR INFORMATION MADE AVAILABLE TO SUBSCRIBER IN CONNECTION WITH THIS OFFERING. ANY REPRESENTATION TO THE CONTRARY IS UNLAWFUL.
THE SECURITIES MAY ONLY BE PURCHASED BY PERSONS WHO ARE “ACCREDITED INVESTORS” (AS THAT TERM IS DEFINED IN SECTION 501 OF REGULATION D PROMULGATED UNDER THE ACT).
THE OFFERING MATERIALS MAY CONTAIN FORWARD-LOOKING STATEMENTS AND INFORMATION RELATING TO, AMONG OTHER THINGS, THE COMPANY, ITS BUSINESS PLAN AND STRATEGY, AND ITS INDUSTRY. THESE FORWARD-LOOKING STATEMENTS ARE BASED ON THE BELIEFS OF, ASSUMPTIONS MADE BY, AND INFORMATION CURRENTLY AVAILABLE TO THE COMPANY’S MANAGEMENT. WHEN USED IN THE OFFERING MATERIALS, THE WORDS “ESTIMATE,” “PROJECT,” “BELIEVE,” “ANTICIPATE,” “INTEND,” “EXPECT” AND SIMILAR EXPRESSIONS ARE INTENDED TO IDENTIFY FORWARD-LOOKING STATEMENTS, WHICH CONSTITUTE FORWARD LOOKING STATEMENTS. THESE STATEMENTS REFLECT MANAGEMENT’S CURRENT VIEWS WITH RESPECT TO FUTURE EVENTS AND ARE SUBJECT TO RISKS AND UNCERTAINTIES THAT COULD CAUSE THE COMPANY’S ACTUAL RESULTS TO DIFFER MATERIALLY FROM THOSE CONTAINED IN THE FORWARD-LOOKING STATEMENTS. INVESTORS ARE CAUTIONED NOT TO PLACE UNDUE RELIANCE ON THESE FORWARD-LOOKING STATEMENTS, WHICH SPEAK ONLY AS OF THE DATE ON WHICH THEY ARE MADE. THE COMPANY DOES NOT UNDERTAKE ANY OBLIGATION TO REVISE OR UPDATE THESE FORWARD-LOOKING STATEMENTS TO REFLECT EVENTS OR CIRCUMSTANCES AFTER SUCH DATE OR TO REFLECT THE OCCURRENCE OF UNANTICIPATED EVENTS
Manhattan Street Capital is compensated by Greenlite Holdings a listing fee of $5,000 per month offering the issuer’s securities, plus an advisory fee of $10,000 per month (charged as one payment for multiple offerings), and technology administration ($400 per investment by individuals, $1000 per investment for IRAs, Trusts or by US companies, LLCs or LPs, and $5000 per investment for professional investment entities. Payment is made in cash and matching warrants of the same value. Payment is made in cash and a matching warrant. MSC might earn up to an estimated maximum amount of $800k cash and warrants on this offering.



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