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Saigebrook Development LLC
Saigebrook Development provides real estate development consulting services to clients in the affordable housing industry in Texas and Florida.

Lisa Stephens, the principal of Saigebrook Development, has specialized in providing first-class affordable and workforce housing communities in urban core and suburban areas since 1996.

Through strategic design of the proposed development project, our goal is to create exceptional housing that is affordable to the local workforce while also providing options for market rate rental units within the community.
Amberwood, Longview, TX
Art at Bratton's Edge, Waco, TX
Barron's Branch, Waco, TX
LaMadrid, Austin, TX
La Ventana, Abilene, TX
La Ventana, Abilene, TX
Pinnacle at North Chase, Tyler, TX
Saige Meadows, Tyler, TX
Stillhouse Flats, Dallas, TX
Summit Parque, Dallas, TX
The Roxton, Denton, TX
Tylor Grand, Abilene, TX


Alton Plaza, TX
Aria Grand
Edgewood Place, TX
Kaia Point, Georgetown, TX
Mistletoe Station, TX


Lisa Stephens

LISA STEPHENS has more than 15 years of experience in developing, financing and operating affordable housing. She has secured fourteen allocations of 9% Housing Tax Credits in the last seven application cycles in Texas and has financed and closed approximately 5,000 units in the southeastern United States. Ms. Stephens is the Owner and President of Saigebrook Development, LLC, a WBE/Texas HUB certified real estate development firm. Ms. Stephens was named by Affordable Housing Finance magazine as one of twelve 2009 "Young Leaders," a prestigious award honoring individuals under the age of 40 who have been nominated by their peers and colleagues as the next generation of affordable housing and community development leaders. Ms. Stephens received her BA in Accounting and Finance from the University of Florida and is certified by the U.S. Green Building Council as a LEED Green Associate. She currently serves on the National Green Building Standards’ Green Advisory Council.

Lisa Stephens, NGBS Green Partner of Excellence, Saigebrook Development


The Saigebrook team is proficient in creating outdoor amenities that encourage connectivity and walkability throughout the development site and connecting to the surrounding community as well as creating recreational and community living spaces in garden style, podium style and mid-rise developments. Through strategic design of the proposed development, the goal is to create exceptional housing that is affordable to the local workforce while also providing options for market rate rental units within the community.

Typical amenities might include: a fully furnished leasing center with community room, fitness center, cyber lounge, outdoor terrace, children’s playroom, pool or splash pad, covered playground, outdoor fitness trail, BBQ grill stations with picnic tables, onsite parking, NGBS Green Certification, and an original art piece.

All units are built with long-term sustainability and energy efficiency in mind. Unit amenities will include quality, long-life cycle finishes such as solid surface counter-tops, kitchen backsplash tile, high efficiency lighting, hard surface flooring, walk-in closets, Energy Star appliances, and tile hub surrounds.



NGSB Green Certified

All units are built with long-term sustainability, energy, and water efficiency, and indoor environmental quality in mind.