With enough capital in retained earnings, we set out to develop a general contracting business to service our real estate investments with more speed, accuracy and control. We successfully launched Spruce Builders in 2019 as a joint venture. Spruce Builders has completed many successful projects in its short lifespan; development of 100 homes (and counting) to serve the workforce of Philadelphia, renovation of a National Historic Landmark into a boutique hotel which has been prominently recognized for its design and message and lastly multi-family development that allows us to diversify our real estate holdings.