Building what communities depend on.
Madrone partners with universities, local governments, public agencies, and health systems to develop, own, and finance essential facilities — without burdening our partners' balance sheets.
We lift burdens from the institutions that serve the public.
Madrone develops, owns, and finances essential facilities so that governments, universities, and healthcare organizations can stay focused on their core missions. As 501(c)(3) nonprofit owners, we align every project with the public interest, not private profit.
Lessening the Burdens of Government
We assist local governments and public agencies in acquiring, developing, and constructing community, infrastructure, housing, and energy facilities — from workforce housing for essential employees to utility-scale energy projects delivered under municipal power purchase agreements.
Lessening the Charitable Burdens of Higher Education
We help schools, colleges, and universities deliver the student housing and academic facilities their campuses need — preserving each institution's debt capacity and credit for its educational mission.
Lessening the Burdens of Healthcare Organizations
Through the Madrone Health Foundation, we ease the administrative and financial burdens of hospitals and health systems by developing, owning, and financing healthcare facilities, senior living communities, and energy infrastructure.
Work that speaks for itself.
From Florida's Space Coast to the heart of Atlanta, Madrone serves as nonprofit owner for transformative campus housing — with workforce housing, hospitality, and healthcare infrastructure in active development.
Florida Institute of Technology
Crimson Crossing — a six-story, 553-bed residence expanding on-campus housing by more than a quarter. Opened August 2026.
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University of Memphis
A four-story residential community of apartment-style rental units on the university's Park Avenue Campus, financed through tax-exempt revenue bonds. Opened August 2026.
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Middle Tennessee State University
Womack Commons — a gateway residential community and MTSU's first student housing public-private partnership. Opening Fall 2027.
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Morehouse College & Spelman College
850 West End — a landmark residential community serving two of the nation's premier HBCUs, in the heart of Atlanta's historic West End. Opening Fall 2028.
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Workforce Housing
Attainable-housing developments with city and public-agency partners — homes for the teachers, nurses, and first responders communities rely on.
Student Housing
Additional on-campus residential communities with university partners, following the same proven ground-lease partnership model.
Hospitality
A hotel development bringing the nonprofit ownership model to hospitality infrastructure that anchors local economic activity.
Energy & Infrastructure
Grid-scale solar and data center infrastructure for public partners — including utility-scale energy delivered under municipal power purchase agreements.
Hospital Energy-as-a-Service
An energy-as-a-service partnership modernizing hospital energy infrastructure with no upfront capital cost to the health system.
Essential facilities. No burden on our partners.
Our nonprofit ownership model lets institutions deliver critical projects while preserving their debt capacity, credit ratings, and balance sheets.
Partner
An institution identifies a facility need. Madrone forms a single-purpose nonprofit entity — typically under a long-term ground lease that keeps the land in the institution's hands, or with Madrone acquiring the site directly where that better serves the partner.
Finance
Madrone accesses the tax-exempt bond market through a governmental conduit issuer. The bonds are secured by project revenues — not by the institution's credit or guarantees.
Build
Best-in-class developers, builders, and architects deliver the project under Madrone's nonprofit ownership and oversight.
Benefit
The facility serves students, workers, and patients for decades. Surplus revenues and, ultimately, the facility itself benefit the partner institution and its community.
The Madrone family of organizations
Madrone Community Development Foundation
A California nonprofit public benefit corporation that assists local governments, public agencies, schools, community colleges, colleges and universities in acquiring, developing, and constructing educational, community, infrastructure, and housing facilities.
Madrone CDF is the nonprofit owner behind our student and workforce housing projects nationwide.
Madrone Health Foundation
A California nonprofit public benefit corporation dedicated to lessening the administrative and financial burdens of hospitals and healthcare organizations — developing, owning, and financing the facilities and infrastructure they need to serve their patients. Its exempt purposes also include owning senior living facilities.
Madrone Health leads our healthcare facility, senior living, and energy-as-a-service initiatives.
Milestones worth marking
Crimson Crossing opens at Florida Tech
Students moved into the 553-bed residence — the largest single investment in student life in the university's history.
$147 million financial close for 850 West End
Bonds issued by the Development Authority of Fulton County will finance 793 beds serving Morehouse and Spelman Colleges.
Park Avenue housing opens at the University of Memphis
The 542-bed apartment-style community welcomed its first residents on the Park Avenue Campus.
Have a project in mind?
Whether you're a university facing a housing shortage, a city that needs workforce housing, or a health system planning new infrastructure — let's talk about how Madrone can help.
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