Cambia Capital Announces Successful Initial Close of Douglas Fir Fund with $20 Million AUM

FOR IMMEDIATE RELEASE

Cambia Capital, a pioneering force in impact real estate and finance, is excited to announce the successful initial close of its Douglas Fir Fund (Fund) with $20 million of initial investment. The milestone marks a significant step towards accelerating the transition of the built environment towards a net zero economy. 

The Fund will immediately begin deploying invested capital. Exclusively targeting residential real estate projects that are built beyond current code requirements to a third-party certified, green-built standard, or equivalent, the Fund is committed to investing in tangible, positive change.

Over the last two decades the principals of Cambia Capital, Andy Wolverton, Susan Weingartner, and Aaron Fairchild, have been on the forefront of both impact real estate development and the finance needed to develop and build these projects. As co-founders and former executives of Green Canopy NODE, their decades-long expertise has consistently delivered targeted rates of return, all the while making measurable impacts on hundreds of transformative real estate projects throughout the Pacific Northwest.  

Cambia Capital’s experience not only gives them unique access to third-party certified and mass timber projects, it also equips them with the unique skill set required to underwrite and invest in deep green projects while achieving market rate returns for their investors.

The Fund, a $200 million alternative investment vehicle with a 5-to-7-year fund life, is designed to issue cash flow distributions and recycle capital contributions throughout its investment period. The Fund is dedicated to closely measuring and reporting the impact generated by its investments, thereby delivering verifiable ESG returns to its Limited Partners.

If you are a development team in search of project equity or debt, please contact the Cambia Capital team.


About Cambia Capital: Cambia Capital is a leading impact real estate development and finance firm dedicated to accelerating the transition of the built environment to a net zero economy. With a focus on delivering both financial returns and measurable impact, Cambia Capital leverages its expertise to spearhead transformative real estate across the Pacific Northwest and beyond.

 
For media inquiries or further information, please contact: 

marketing@cambiacap.com 

GeekWire News Feature: PNW climate tech execs launch real estate investment firm focusing on mass timber projects

Lisa Stifler’s article in GeekWire, “PNW climate tech execs launch real estate investment firm focusing on mass timber projects” shares the launch of Cambia Capital and the team’s fifth real estate fund - Douglas Fir Fund.

For media inquiries or further information, please contact: 

marketing@cambiacap.com 

Green Canopy NODE Co-Founders Set to Launch Cambia Capital, Pioneering Sustainable Real Estate Investment Firm

After fifteen transformative years as co-founders of Green Canopy NODE, Aaron Fairchild, Andy Wolverton, and Susan Fairchild are set to embark on a new venture. Today, they announce the launch of Cambia Capital, a real estate investment firm focused on investing in resilient and sustainable real estate projects.  

At Green Canopy NODE, they successfully helped build a sustainable real estate development and construction technology company, raised and managed over $100m in corporate and project related debt and equity, and successfully developed and capitalized four real estate investment funds. The co-founders' transition from Green Canopy NODE marks a methodical and designed succession following a strategic merger, a successful $13.75 million Series Seed preferred equity raise, and a $20 million institutional anchor investment into Cambia Capital’s new real estate investment fund.  

"With decades of experience developing deep green, residential units, managing investments over $100 million, lending and establishing four high impact real estate funds, we are thrilled to continue the transformative journey with Cambia Capital. As Managing Members at Cambia Capital, we are excited to drive more investment into our growing pipeline of regenerative real estate projects," says Aaron Fairchild.

This transition comes at a strategic time when Green Canopy NODE is well positioned and capitalized with an institutional investment partner to achieve profitable growth and scale. Their transition underscores a strategic move to meet the demand of the institutional capital market. Aaron will remain with Green Canopy NODE as a Board Director and the Cambia Capital team will continue to manage Green Canopy NODE’s current fund, the Cedar Fund, as it winds up. The team expects to partner with Green Canopy NODE as its architect, consultant, product-provider and general contractor on their projects over the coming years.

Cambia Capital was created in response to the clarion call for delivering authentic impact. The name 'Cambia,' derived from 'cambium,' symbolizes the lifeblood of a tree. In Spanish, 'cambia' also means change. With a $20M anchor institutional investor for its next fund, the Douglas Fir Fund, Cambia Capital is positioned to be a force for positive change within the real estate investment landscape. The firm will deploy capital into sustainable real estate projects that are built beyond code, with a focus on mass timber, net-zero energy, and third-party certified green built projects. 

As they begin their next journey, the co-founders express their gratitude to the team, partners, and investors who have been integral to Green Canopy NODE’s success over the years and who will naturally be part of their continued journey with Cambia Capital. They are excited about the opportunities ahead and are confident that Cambia Capital will make a lasting impact on the real estate landscape. 


About Cambia Capital: Cambia Capital is a real estate investment firm founded by three co-founders of Green Canopy NODE to help create resilient communities. Over the last two decades the principals of Cambia Capital have been on the forefront of both sustainable real estate development and the finance needed to develop and build these projects. Their expertise has consistently delivered targeted returns with measurable impact in real estate developments throughout the Pacific Northwest. 

For media inquiries or further information, please contact: 

marketing@cambiacap.com