Sage was officially founded in 2020, though its roots trace back many years earlier. Co-founders Ross and Emily Hubbard began investing in real estate in 2010, and those early acquisitions laid the foundation for what has become the Sage portfolio.
In 2019, Ross identified the unique niche that defines Sage’s focus today: hotel-to-apartment conversions. He was involved in a syndication that acquired a former hotel near the University of Arizona in Tucson, originally intended for student housing. When the COVID-19 pandemic disrupted on-campus learning, the project faced significant uncertainty. In response, the team pivoted to a new strategy—creating housing for young professionals and individuals on fixed incomes. Within months, the property reached full occupancy and has maintained an average occupancy rate of 97% ever since.
We have a team of real estate industry leaders that are investors in the fund, ensuring dedication to growth.
