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REIA 45 Jesse Russell: Environmentally Friendly and Efficient Housing Alternatives that Meet the Needs of the 21st Century Homeowner

Jesse Russell brings 20+ years of experience in executive-level leadership, project management, construction, and land development. He is a philosophical leader in the shifting movement in how people view housing and, more importantly, how they live their lives. The popularity and demand for the avant-garde homes that his company brings to market is reflected in the 20% returns they routinely bring to their private equity investors.

Main Points:

  • Building the first house – The Hiatus. Sold everything I owned. Moved back to Bend. And built the first house.
  • Building the first development – Hiatus Benham. Raised equity investment. Eventually, paid back investors with a 20+ IRR
  • Current Projects – Hiatus Roanoke, Hiatus Roosevelt, Hiatus Penn
  • Hiatus Capital Fund – a way for people to invest in our projects

Connect with Jesse:

Listen to the podcast here or on your favorite podcast app:

Watch the Episode here:

Jesse Russell Biography

Mr. Russell is Managing Partner of the Hiatus Capital Fund and the Chief Executive for Hiatus Homes. Mr. Russell brings 20+ years of experience in executive-level leadership, project management, construction, and land development to Hiatus Homes and the Fund. He is considered a thought leader in the design and development of small spaces and communities and is an advocate for people living in smaller, more efficient houses. He is a philosophical leader in the shifting movement in how people view housing and, more importantly, how they live their lives. A growing number of people have concluded that more square footage doesn’t lead to more happiness and actually adds complication to one’s life.

The Hiatus Benham Road, Russell’s first subdivision, has won numerous awards. The 22-unit development of lofted-studio 600 SF homes sold out at a record pace, validating homeowner demand and delivering 20%+ returns to a select group of private equity investors. Russell’s 10-unit Hiatus Roanoke development is under construction and scheduled for a mid-2021 completion.

Prior to founding Hiatus Homes, Mr. Russell was an executive producer specializing in reality TV, where he ran production for the Emmy-nominated Hells Kitchen, Nashville Star, and My Ghost Story. He holds a bachelor’s degree in Journalism from the University of Oregon. At 45, he is in excellent health, a connoisseur of PNW craft beers, a snowboarder in the winter, a wake surfer in the summer, and a father to two daughters.

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