Unlock Value Across Your Portfolio
Now serving multifamily owners, single-family developers, and investment partners across the Western United States.
Butterfly's comprehensive and creative design approach makes us an ideal ADU development partner. We start with your strategic goals and create project plans that align with your budget, timeline, and exit strategies.
Transform Underutilized Spaces
Multifamily
California's SB 1211 legislation creates unprecedented opportunities for multifamily owners to unlock dormant value across their portfolios. Butterfly specializes in transforming underutilized spaces—from parking areas to recreational rooms—into premium rental units that command strong returns.
What SB 1211 unlocks:
- Add up to 25% more units through conversion of non-habitable spaces
- Add up to 8 detached ADUs through conversion or new construction
- Combine these measures to maximize portfolio value
Our comprehensive approach goes beyond simply adding units—we strategically evaluate your entire property to optimize rental yields while maintaining tenant satisfaction and property appeal.
Strategic Density Increases
Single Family Development
Evolving ADU legislation across the country has created unprecedented opportunities for real estate investors and developers to enhance property values through strategic density increases. From ground-up development to scattered site investment projects, Butterfly delivers comprehensive ADU solutions that maximize returns while preserving the quality attributes that make single-family housing an attractive asset class.
California SFR ADU Benefits:
- Up to 3 rentable units per SFR property
- Parking exemptions
- Streamlined approval
For institutional owners and private equity firms managing SFR portfolios, our full-service approach provides turnkey ADU implementation that improves overall returns without disrupting core business operations.
Building the Future of Attainable Housing
Investment Partnership
Butterfly is bringing our vision for more attainable, affordable, and well-designed housing to fruition through strategic investment partnerships. We are seeking funding for investment deals with strategically aligned capital sources interested in pursuing projects that incorporate ADUs and starter home designs.
Our proven track record, streamlined process, and existing infrastructure make us an ideal operator to create new value and deliver better housing outcomes. We're launching onto the principal side with plans to acquire and convert up to 28 single-family properties in 2026/27, utilizing California's ADU legislation to maximize investor returns.
Recent projects have netted nearly 2x the market rent per square foot—proving the compelling economics we're now betting our own resources on.
