2025

YEAR IN REVIEW

REAL ESTATE

Together with our partners,

Real Estate Related Projects include:

THE ARTHUR

In 2025, we proudly introduced The Arthur to the Omaha market—a 329-unit Class A multifamily community that welcomed its first residents in September. Developed in partnership with Sower Investment Partners and Access Commercial, this property is ideally located at 48th & Dodge Streets, between the vibrant Dundee and Blackstone neighborhoods, with close proximity to UNMC and minutes from downtown. A defining feature of the project is the preservation of the historic Pittman Veterinary Building, originally constructed in 1948 by Dr. Arthur Pittman. Designed in the Art Moderne architectural style, this element pays homage to the area’s rich history while complementing the building’s modern design. The Arthur sets a new benchmark for luxury living in Omaha, offering residents premium amenities such as a state-of-the-art fitness center, yoga studio, resort-style pool, outdoor dog run, heated indoor parking, and more.

UNMC RESIDENCE HALL

Construction is underway on the six story, 235-unit residence hall project located on the campus of the University of Nebraska Medical Center (UNMC). This project features first floor lounge, dining and study areas accessible to all students, an adjacent parking structure and private resident lounges on the upper floors. The first students are anticipated to move in Fall 2026.

Airport Business Park

In early 2024, Governor Pillen in conjunction with the Department of Economic Development (DED) announced Burlington Capital, in partnership with the Omaha Economic Development Corporation (OEDC), were successful in their grant application to secure $90 million for the creation of a business park near Eppley Airfield. In 2025, the project team worked to engage the community and collect feedback while also simultaneously acquiring land and engaging with prospective business owners. Development of selected sites is expected to begin in 2026.

UNMC Farnam Garage

Burlington Capital was awarded development of the UNMC Farnam Parking Garage located at the corner of Saddle Creek and Farnam. This 830 stall garage will have 20,000 square feet of first floor retail space and provide parking for all visitors and patients of UNMC’s new Project Health development across the street by way of a future skywalk. Predevelopment is underway and construction is expected to begin in the spring of 2026.

REACH PROJECT

The REACH (Research Engineering Architecture Collaboration Hub) facility will be a new 200,000 square foot development which will provide an opportunity for mission partners to lease space and collaborate with the NDRC (Nebraska Defense Research Corporation) with a focus on mission critical initiatives aimed at accelerating the transfer of command, control and communications capabilities to customer operations. Sitting on 15 acres of new development, this project will include a combination of a high-bay research area, SCIF, SAPF, demonstration and training spaces, tenant office floors among other critical programming.

Real Estate Portfolio

Our team continued to actively execute its multifamily investment strategy in 2025 through strategic dispositions and a new acquisition. We successfully completed the sales of Capitol Rows, Infinity at Plaza West, and Allen Creek. As a fully integrated real estate company, we implemented targeted value-add renovations while enhancing property performance through active oversight of leasing and operations. These properties were part of the Fund VI portfolio, which has delivered total returns of 146% of initial capital investment and anticipates further distributions from remaining assets.

In addition to these successful dispositions, we were pleased to announce the purchase of West Briar Commons, a 152-unit community in Sioux Falls, South Dakota. Built in 2008, the property demonstrated strong fundamentals at acquisition, including average occupancy of 95% over the past four and a half years and NOI growth exceeding 22% over the last two and a half years. We believe this acquisition positions us for continued portfolio growth and additional strategic acquisitions in 2026 for our Income Trust and Access Fund.

Joined the Al-Bushra Infrastructure Development Fund as a strategic partner

Our team announced a strategic investment with G Capital in major development project in Saudi Arabia, made possible through the leadership and vision of Dr. Abdulaziz Sager.

Full Story Here

Property Management

PROPERTIES ADDED

UNITS

The Arthur

West Briar Commons

The Ambassador Apartments in Dundee

The Mural Apartments

UNMC Student Housing- The Residences

Lofts on Main

Deer Creek

Founders Ridge

The Residences at Liberty Campus

Highpoint Apartments

Annual Burlington Capital Properties Conference

The 2025 Burlington Capital Properties Leadership and Development Conference took place in Cleveland, Ohio, bringing together team members from across the country.

Centered around the theme Rock the Future, the conference featured engaging presentations, interactive team-building opportunities, and vendor booths showcasing the strong partnerships that support our work every day. Throughout the week, attendees shared ideas, strengthened relationships, and focused on what’s ahead for Burlington Capital Properties.

A standout moment of the conference was the awards ceremony held at the iconic Rock and Roll Hall of Fame, where we recognized the outstanding performance, dedication, and leadership of our colleagues who continue to move our organization forward.

NAHMA Top 100 List

Our team was again happy to be ranked in the NAHMA Affordable 100! This list comprises the largest affordable multifamily property management companies, ranked by affordable unit counts. NAHMA releases an annual directory of affordable housing units that include at least one of the following federal subsidies: HUD Project-Based Assistance (such as Project-Based Section 8, Section 202, and Section 811), Section 42 LIHTC, HOME and CDBG funds, USDA Sections 515 and 538, or Bonds.

AGRICULTURAL SERVICES

Cantera Partners

As we close out 2025, we reflect on a year that required patience, adaptability, and steady execution. It was not an easy operating environment. Funding delays tied to the U.S. government shutdown affected timing across many programs, but Cantera Partners remained active with clients and partners throughout the year, continuing to execute where possible and preparing for opportunities ahead.

During 2025, Cantera completed several commodity monetizations and advisory assignments in support of USDA Food for Progress and related programs. These transactions generated meaningful proceeds for partner organizations and continued to demonstrate Cantera’s ability to operate in competitive markets while maintaining strong cost recovery and compliance standards.

South Asia and Ongoing Execution

In 2025, Cantera successfully completed a monetization in Bangladesh, building on its long-standing experience in South Asia. The transaction reflected steady demand for U.S. agricultural commodities and required careful execution in a price-sensitive market. Other programs advanced more slowly due to funding uncertainty, but remained active through planning, analysis, and market engagement.

Strategic Agribusiness Advisory

A notable development during the year was Cantera’s increased involvement in broader agribusiness advisory work in emerging and transitional markets. This work went beyond traditional monetization and included operational reviews, commodity trading structures, export strategy, and risk management for large agricultural enterprises.

These engagements reflect the continued evolution of Cantera’s role—from a monetization-focused platform to a more integrated advisor supporting trade, operations, and market access.

Market Analysis and Trade Feasibility

Throughout the year, the team completed multiple market analysis and feasibility projects across Africa, Latin America, and Eurasia. This work focused on understanding import demand, resale dynamics, logistics constraints, and pricing behavior for U.S. commodities. In several cases, these analyses are expected to directly inform future monetizations and commercial trade activity once program pipelines reopen.

Operating Through Uncertainty

The government shutdown and broader delays created real challenges across the development and trade landscape in 2025. Rather than stepping back, Cantera stayed engaged—working with clients on optionality, scenario planning, and market readiness. This ensured that programs were positioned to move quickly once conditions improved.

Team and Platform Development

The team continued to grow in experience and capability, particularly in areas such as commodity markets, trade finance, and complex operating environments. This investment reflects a deliberate effort to strengthen execution while expanding the firm’s advisory capacity.

Business Transitions

In 2025, Burlington Capital launched Business Transitions, a new division focused on helping established companies navigate critical periods of growth and change. The platform combines access to growth capital with hands-on operational, strategic, and financial support.

Business Transitions fills the gap between traditional consultants and private equity. Rather than delivering theoretical recommendations or acquiring control, our team builds custom advisory teams that work alongside founders and leadership to implement solutions in real time.

Focused on consumer-packaged goods (CPG) and industrial materials, Business Transitions supports companies through expansion, leadership changes, ownership restructurings, and succession planning. Drawing on Burlington Capital’s national and global network and more than 40 years of experience, the team delivers customized solutions that stabilize businesses, drive sustainable growth, and preserve what already works.

Learn More Here

FOUNDATION

In 2025, the Burlington Capital Foundation contributed over $220,000 to over 17 organizations, including:

Consortium of Dementia Alternatives

Producers of the nationally recognized Now What? series of programs on dementia and related mental health issues. The programs offer interviews with some of the region’s leading experts and advocates on medical care, financial and estate issues and elder and caregiver resources, inform viewers on the latest information on dementia and related issues. Now What? also examines developments in new methods of treatment and research.

New Visions Homeless Services

Programs including Emergency Shelter, Permanent Supportive Housing, Street Outreach, Prevention Services, Food Security, Education Services, and services for US Veterans experiencing homelessness.

Habit for Humanity

Supporting the Women Build Belvedere Miller Park project.

Lake Cunningham Development Trust

Redevelopment and improvement of Lake Cunningham facilities and services

Girls, Inc.

Encouraging girls to be curious, advocate for themselves and become self-sufficient.

Proven Ventures, a Burlington Capital Fund

This year was defined by discipline, alignment, and execution across the portfolio — a year where strategy translated into results and the work showed up in the fundamentals.

Rather than chasing volume or noise, our focus remained on operational excellence, customer alignment, and capital efficiency. The result was a year marked by meaningful milestones across the portfolio. Truly where the rubber met the road.

New Investment: WaveCX

We closed the year with a new investment in WaveCX, an audience engagement platform built specifically for digital banking. Despite heavy investment in digital channels, many banks still struggle with customer adoption and engagement. WaveCX solves this by embedding directly into online and mobile banking platforms, delivering personalized prompts, AI-powered search, interactive product walkthroughs, and real-time feedback. The company is led by founder and CEO Jon Tvrdik, a seasoned digital banking operator with a prior successful software exit and a strong track record of building capital-efficient, customer-focused products.

View Website Here

Centese: Continued to gain commercial traction with its Thourguard technology, surpassing 10,000 patients treated earlier in the year. The team made key additions across operations and sales and continues to see strong momentum as hospital adoption accelerates.

Little Movements Apparel: Expanded its proprietary CORE line with some of its most successful launches to date. The brand broadened both product and color offerings to include jackets, biker shorts, leggings, and even a special holiday collection.

AudtiMiner: Delivered multiple product enhancements in 2025, including deeper payroll data integrations with automated reconciliation to reduce manual work and improve accuracy. We’re excited about the company’s continued expansion with its full suite of products.

Pawlytics and 12V Dashboard continued executing our preferred playbook: focused, execution-driven progress translating into accelerating revenue growth. Nothing flashy, just strong momentum in businesses solving real problems.