DevelopmentBoulder, CO
The Gaslamp
A concrete-and-steel residential development at 910 28th Street with durable, design-led interiors.
910 28th Street
Opportunistic Commercial Real Estate
Brickstone carefully curates unique commercial real estate investments for family offices, institutions and UHNW investors from around the world.
Opportunistic yields, but with asymmetry of risk and reward.
$2B+Transactions since 2001
25 yrsInvesting through cycles
The Firm
Founder-led since 2001.
Founded by Daniel H. Otis, Brickstone has grown into a private equity real estate firm backed by some of the largest family offices and institutions in the world — while staying deliberately small, senior, and aligned.
Investment Thesis
Opportunistic yields, with less risk than typical.
01
Integrity first
Our word is our bond. We hold ourselves to the highest standard in every partnership, every report, and every decision — trust earned over decades is the firm's most valuable asset.
02
Asymmetry of risk and reward
We underwrite to downside protection before upside. Every position is structured so the balance of risk and reward favors our investors.
03
Conviction over volume
A small number of unique commercial assets, each held with intent. We would rather pass than dilute the thesis.
04
Stewardship
We treat our investors' capital as we treat our own — patiently, transparently, and for the long term.
Our Approach
A repeatable discipline.
Opportunistic yields with less risk than typical. Our process is deliberately narrow.
01
Source with discipline
We pursue a small number of unique commercial assets in supply-constrained markets — situations where our local knowledge and relationships create access others do not have.
02
Underwrite the downside
Every position is underwritten to its downside first. We structure capital — fixed-rate, low-leverage, with reserves — so the balance of risk and reward favors our investors before any upside is counted.
03
Create value through operations
We add value through disciplined leasing, targeted capital programs, and design-led repositioning — not financial engineering or reliance on cap-rate compression.
04
Steward to the right outcome
We hold with intent, recapitalize when it serves investors, and exit when the thesis is realized — patiently, transparently, and with full alignment.
Since 2001
A record built through cycles.
From an institutional build-to-suit campus for a global technology tenant to ground-up development on a Minneapolis lakefront — realized, full-cycle work. Detailed track record available to qualified investors upon request.
The Portfolio · Minneapolis
LakeHaus.
Ground-up development on Bde Maka Ska — 3100 West Lake Street. Resort-grade amenities, condominium-grade finishes, underground parking. Developed by Brickstone and realized in 2025.
The Portfolio · Boulder
Google — Build-to-Suit.
Institutional build-to-suit development delivered for a global technology tenant in downtown Boulder — from land and entitlement through vertical delivery.
Development in Process
2900 E Aurora Avenue · Boulder
The Lodge.
A 220-unit, 371-bed core student community on 5.1 acres, a five-minute walk to the University of Colorado — Brickstone-owned since 2014 through two full-cycle recapitalizations. Now being redeveloped: a new 5,000 SF clubhouse and amenity barn underway, with 500+ bed redevelopment optionality on land already owned.
Current Offering
The Lodge Recapitalization — launching soon.
Brickstone is recapitalizing The Lodge for its next chapter: a renovated community, a new clubhouse and amenity barn, and embedded redevelopment optionality in one of the country's most supply-constrained markets. Qualified investors may request access to the offering materials.
Renderings are illustrative. Redevelopment concepts are use-by-right under existing zoning but remain subject to final design and entitlement; no assurance any project is commenced or completed as shown.
Selected Investments
A portfolio of unique positions.
Development and value-add work across Boulder and the Front Range — pedestrian locations, durable demand, and design-led repositioning.
Student HousingBoulder, CO
East Village Flats
A value-add reposition at 2885 E Aurora Avenue — refreshed interiors and a new amenity program, now entering redevelopment.
2885 E Aurora Avenue
Student HousingBoulder, CO
East Village Flats — Grounds
Mature landscaping and a pedestrian setting minutes from the University of Colorado campus.
Near CU Boulder
Student HousingBoulder, CO
The Parker
A renovated student community off Pearl Street with resort-grade amenities and durable occupancy through two Brickstone recapitalizations.
1155 Marine Street
Student HousingBoulder, CO
Parker Off Pearl — Arrival
The renovated entry and courtyard experience at The Parker, steps from the Pearl Street corridor.
Off Pearl Street
Student HousingBoulder, CO
The Parker — Interiors
Warm, design-led common interiors delivered through Brickstone's renovation program.
Renovated common spaces
Student HousingBoulder, CO
The Parker — Exterior
A repositioned mid-rise community in a mature, tree-lined Boulder neighborhood.
Boulder, Colorado
Student HousingBoulder, CO
Mountainaire
A 161-unit, 1973-vintage community directly east of CU, across the street from The Lodge — acquired in 2022 in its first sale in over 40 years, then fully renovated, re-branded, and expanded by nearly 100 bedrooms within the existing floor plans.
2950 Bixby Lane · Acquired 2022
Student HousingFort Collins, CO
The Junction
120 units across 12 buildings at 1050 Hobbit Street, steps from Colorado State — acquired in 2021 with its sister property and repositioned from oversized 1985 floor plans into modern student housing, adding 114 bedrooms across the pair.
1050 Hobbit St · Acquired 2021
Student HousingFort Collins, CO
The Alpine
168 units across 13 two-story buildings at 1225 W Prospect Road, adjacent to Colorado State University — renovated interiors, reconfigured floor plans, and a rebranded resident experience serving CSU.
1225 W Prospect Rd · Acquired 2021
Student HousingBoulder, CO
Lux
Adaptive re-use of a former fraternity house at 855 Broadway, across the street from CU Boulder — completed in 2012 with condominium-grade finishes and realized in 2018.
855 Broadway · Realized 2018
Development in Process
2885 E Aurora Avenue · Boulder
2885 Aurora.
The redevelopment of East Village Flats — a new purpose-built student community minutes from the University of Colorado, with a top-floor clubhouse, roof deck, dedicated study suites, and best-in-class resident amenities.
Renderings are illustrative and subject to final design and entitlement.
Our People
A team of stewards.
Brickstone is led by a small, senior team that has invested together through cycles — aligning conviction with discipline and discretion.
Daniel H. Otis
Founder & Principal
Dan founded Brickstone in 2001 at age 20 while in college, redeveloping student housing around his alma mater; the firm has since been involved in roughly $2 billion of multifamily, student housing, retail and office investment and development. His thesis — an asymmetry of risk and reward, opportunistic yield with less risk than normal — has attracted capital from some of the largest family offices and institutions in the world. A U.S. Air Force veteran and former Division I pole vaulter, Dan is an accomplished aviator — flying both fixed-wing aircraft and helicopters — and has played piano for more than 35 years. First and foremost he is a family man, married more than 15 years, with four children.
Jon W. Hill, CPA
Chief Financial Officer
More than 20 years of senior finance leadership across real estate platforms, private equity and multi-entity capital structures. Previously CFO of a Nashville family office and a senior finance leader at Landmark Properties, overseeing reporting across a $7B+ student-housing portfolio. MBA & BBA, Mercer University; licensed CPA.
Jeff J. Dawson
Development Partner
Founder of STUDIO Development Services and a licensed architect with 25+ years of design and delivery experience — 1.5M+ SF of construction and 500+ residences delivered. M.Arch, CU Boulder (first in class); ULI, AIA, NCARB; City of Boulder Design Advisory Board.
Board of Advisors
Jason Gaede
Jason is President of House of Wilson, where he manages the family office of the Wilson family — founders of lululemon — overseeing the family's investments, tax, legal, accounting, governance, and the Wilson 5 Foundation. He serves on the boards of Stonebridge Companies, Low Tide Properties, SOLVE FSHD, and Brickstone Properties, and previously was President & Chief Investment Officer of Copford Capital Management, a prominent Denver single-family office. With over 15 years in the family-office sector, he is a member of YPO and an active participant in the YPO Family Office Principals Group. MBA, University of Virginia; BBA in Finance and Accounting, TCU — magna cum laude.
Investor Access
A discreet partnership,
built on alignment.
Brickstone raises capital from a select group of family offices, ultra-high-net-worth investors, and institutions worldwide. We co-invest meaningfully in every position with strong alignment on economic structure, and report with the transparency our partners' own offices expect.
Qualified investors may request access to current offering materials — including The Lodge Recapitalization — and the firm's detailed track record.
Cornerstone — the Otis family office — invests alongside Brickstone's partners in every offering.
Get in Touch
Begin a conversation.
Office
Franklin, Tennessee
Investor Relations
Offering Materials
For offering materials and track record, use the Investor Access request above.
