Beyond its core business objectives, Sundance Bay’s organizational ethos is to be responsible and ethical citizens of our global community.
We hold ourselves accountable and strive to positively impact stakeholders: the communities where we invest, tenants, clients, investors, employees, partners, vendors, and the environment. We are committed to operating economically, socially, and environmentally through sustainable best practices. Sundance Bay’s value-add and development investment strategies very much align with enhancing the workforce housing communities where we invest.
Community Involvement and Philanthropy
The professionals at Sundance Bay, individually and collectively, are active supporters and board members of organizations that align with our values – both at home and internationally. Below are a few of our charity partners to which we serve by offering our time, expertise, and financial support :
Everyone deserves to see, but few can afford it. In most countries, supplies for cataract surgery are upwards of $300 per eye. Through our partners, we’ve developed a surgical supply kit for cataracts that costs us only $25. 100% of your donation is used to restore sight. We’ve created a sustainable model through our subsidiary medical warehouse covering all of our staffing expenses, so you don’t have to.
The Ann Romney Center for Neurologic Diseases is transforming the future of medicine through novel forms of collaboration and patient-centered research. This collaboration - within and outside our walls - is accelerating the search for treatments, prevention, and cures for five of the world’s most complex neurologic diseases.
Sundance Bay is a corporate sponsor of the Live Your Dream foundation, an organization founded in 2010 that supports single mothers who have aspirations to attain higher education and provide for their families.
Our team members are active volunteers, professors/lecturers, and guest speakers at the following academic institutions : Brigham Young University, University of Utah, Harvard University, Columbia University, and Cornell University.
Inspired by the International Day of Charity as part of the UN’s 2030 Agenda on Sustainable Development, Sundance Bay has established Sundance Bay Serves. In this employee-led outreach program, team members give back to meaningful causes through paid volunteering days and a dollar-for-dollar matching program.
Diversity, equity, and inclusion (DEI)
At Sundance Bay, diverse culture is critical to our business performance and growth strategy, as it fuels innovation and promotes agility within our teams.
We strive to create an inclusive culture that values different approaches and perspectives with a unified, shared commitment to excellence and integrity.
To support a sustainable pipeline of diverse talent in the commercial real estate industry, Sundance Bay launched the SB Women’s Fellowship, which recruits, trains, and develops qualified female students and entry-level candidates.
We have also established a dedicated Diversity, Equity, and Inclusion Council to support an inclusive environment, ensure accountability and further improve DEI practices for stakeholders and employees from various racial, socio-economical, ethnic, ability, veteran status, and professional backgrounds. Sundance Bay is an equal opportunity employer.
Mentorship
Sundance Bay is committed to growing and advocating for future industry leaders. Since inception, we have partnered with local universities to place juniors and seniors into the SB Career Development Program. Interns join an immersive, rotation program that provides an introduction to the real estate industry and training in various functions within the firm: valuation, asset management, development, investor relations, as well as finance/operations.
Environmental, social, and governance (ESG) Commitment
As the real estate industry strives to greater sustainability, Sundance Bay is committed to integrating environmental, social, and governance (ESG) considerations into investment decisions and ownership policies. We hold ourselves accountable to conduct business with the highest integrity and strictest standards.
Environmental
Portfolio-wide, Sundance Bay collects and monitors sustainability and consumption data, and utilizes prescriptive analytics to identify opportunities to reduce our environmental footprint. We strive for energy and resource efficiencies and meet green building standards where feasible among our numerous repositioning and development projects.
Our Partners
Social
Sundance Bay acquires, develops, owns, lends to, and operates assets in many markets under-served by institutional capital. It is our mission to spearhead positive change across our markets and communities, aligned with our purpose and business objectives.
We invest in tenant outreach programs and solutions to improve the health and social wellness, education, and economic advancement for residents within our communities.
Our organization holds in high regard our role and responsibility in fostering the values of a just society and promoting a fair and inclusive culture among internal and external stakeholders.
Governance
The governance structure is designed so that management is held accountable for the proper execution of the company’s business plans/goals and equitable treatment of our investors. We adhere to strict codes of ethics, transparency/disclosure, compliance, and monitoring. Our corporate governance framework and policies are guided by OECD Principles of Corporate Governance, UN PRI, UN DESA, CFA Institute, and ILPA.
