A land selection framework for the year ahead
Heading into 2026, the constraint on new development is rarely capital availability. It is the supply of land that clears diligence on water, grid, and title simultaneously.
January 2026
The land positions that move fastest to financial close pass four screens at once: secured or securable water rights, a realistic grid or interconnection path, clean and defensible title, and a land use classification that supports the intended development without a protracted rezoning process. Sites that pass three of four are common. Sites that pass all four are scarce, and scarcity is exactly why they command a premium in negotiation.
Our origination work for 2026 is weighted toward exactly that screen: fewer sites under review, deeper diligence on each, before any capital conversation begins.
