Residential land acquisition and horizontal development across the Mountain West
Enter →
·
Private Lending
Cutlass
Capital
Residential Homebuilder Lending Solutions
Enter →
Private Real Estate · Mountain West
Institutional Discipline. Local Execution.
We raise private capital and deploy it into residential land development across the Mountain West — focused on capital preservation and disciplined value creation through conservative structures and careful inventory management.
Cutlass Development focuses on residential land across the Mountain West — identifying, acquiring, and developing opportunities at various stages of the entitlement cycle, executing horizontal improvements, and delivering finished lots to buyers through relationships built over years of operating in the region. Our approach combines institutional underwriting discipline with on-the-ground execution capability that larger firms cannot replicate.
01
Land Acquisition
We target residential land across the risk spectrum in high-growth Mountain West submarkets — from entitled and near-entitled sites to select raw land opportunities where our underwriting experience and local relationships provide a distinct sourcing advantage.
Entitled, near-entitled & raw land
Idaho & Montana markets
Off-market sourcing priority
02
Horizontal Development
We execute horizontal improvements — grading, utilities, roads — with a relentless focus on timeline discipline. Every project is driven by a sense of urgency: capital deployed is capital working, and we move with the efficiency that investors and buyers expect.
Execution-focused timelines
Finished lot delivery
Conservative cost underwriting
03
Early Demand Validation
Our buyer relationships — built over years of construction lending across the Mountain West — enable early market engagement before capital is fully committed. We seek to understand demand conditions at the outset of each project.
Relationship-sourced buyers
Early builder engagement
Market-informed underwriting
Current Portfolio
Active Transactions
All three current projects are residential land developments in the Treasure Valley, each benefiting from strong early buyer engagement — a direct result of the builder relationships developed over years of construction lending in the region.
Residential DevelopmentActive
Longbow Estates
Star, Idaho
A premium gated estate-lot subdivision in Star, Idaho consisting of 14 luxury homesites. Acquired at full entitlement, the business plan focuses on completing horizontal improvements, recording the final plat, and executing structured lot takedowns to a curated builder group with demonstrated demand for high-end product in the Treasure Valley.
0.33 ac
Avg. Lot Size
14
Total Lots
$2.25M
Equity Raised
~12 mo
Est. Hold Period
Strong early builder interest established through existing relationships in the Treasure Valley.
Residential DevelopmentActive
Madenford Estates
Star, Idaho
A shovel-ready residential subdivision in Star, Idaho comprised of 15 premium single-family homesites serving continued population growth and demand migration into the Treasure Valley. Acquired at full entitlement, the project was structured to allow immediate horizontal development and phased lot delivery to a pre-qualified builder base.
0.25 ac
Avg. Lot Size
15
Total Lots
$2.25M
Equity Raised
~12 mo
Est. Hold Period
Active builder engagement supported by long-standing relationships across the Treasure Valley market.
Residential DevelopmentActive
Summit Crest Estates
Eagle, Idaho
A luxury residential development in Eagle, Idaho delivering estate-style homesites in a supply-constrained, high-demand market. Designed around premium lot product, elevated architectural standards, and a curated community layout, the project targets upper-end buyers seeking larger-format homesites and enhanced privacy within the Mountain West region.
4
Estate Homesites
5ac
Avg. Lot Size
$2.5M
Equity Raised
~12 mo
Est. Hold Period
Curated buyer base identified through established relationships in the Mountain West region.
3
Active Projects
$8.0M
Total Equity Deployed
33 Lots
Across 3 Communities
Idaho
& Montana Markets
Our Story
Built on Local Knowledge.
Cutlass Development was founded on a straightforward thesis: the Mountain West represents one of the most compelling residential land investment opportunities in the country, and capturing it requires an operator with deep local networks — not capital deployed from afar.
We partner with private investors who understand that disciplined, relationship-driven investing in high-growth markets produces durable, risk-adjusted returns across market cycles.
IWe only enter markets where we have existing relationships and on-the-ground operational capability.
IIEvery deal is structured with investor capital protection as the primary underwriting consideration.
IIIWe communicate proactively — quarterly reports, direct access, and full transparency on every asset.
The Team
Leadership & Principals
Founder & Chief Executive Officer
Michael McCann
Michael McCann is the Founder and CEO of Cutlass Development, a residential land investment and development platform focused on acquiring and developing premium residential communities throughout the Mountain West. The firm specializes in acquiring entitled or near-entitled land, executing horizontal improvements, and delivering finished lots to buyers through strategically structured programs.
Prior to founding Cutlass, Mr. McCann held senior leadership roles within a private construction lending platform focused on residential homebuilders across the Pacific Northwest and Mountain West, gaining direct insight into builder underwriting, market demand, and land execution strategies.
U.S. Navy · 6 Years Active DutyM.S. Finance · Georgetown McDonoughErnst & Young · AuditKC Royals Organization
"Disciplined risk management, conservative capitalization structures, and execution-focused development strategies designed to preserve capital while generating institutional-quality risk-adjusted returns."
Investor Access
Your Gateway to Cutlass Development.
Current Investors
Investor Portal
Access your portfolio performance, distributions, documents, and project updates through our investor portal, powered by Juniper Square.
We work with a selective group of accredited investors who value direct access and transparent, relationship-driven real estate investing. If you're exploring opportunities in the Mountain West, we'd welcome a conversation.
1099-INT Tax Forms
Cutlass Capital issues 1099-INT forms for interest income earned during the prior tax year. Forms are typically mailed and available by January 31 each year.
