Who is BWI?

BWI (Black and White Investments, LLC) is a Minority-owned real estate development and construction services business that provides a reliable, single source of contact to bring professional resources to mixed-use, multi-family development and construction management services. Our development and construction services can be accomplished under a consultative or design-build basis. BWI, founded in 2005, is headquartered in Indianapolis, Indiana.

At BWI, our number one aspiration is to bring hope to under-served urban communities via economic development that align with their Quality of Life aspirations and initiating in collaborative partnerships. We feel that successfully accomplishing this goal will bring about positive change in the lives of individuals, families, and ultimately communities. We also take a strong position for excellence and quality in our work products. This includes not only customer satisfaction with our quality, multi-family projects but also with our engagement process that we undertake on behalf of our clients (i.e. non-profits, syndicators, equity investors, lenders, government agencies, etc.). To ensure that we deliver outstanding performance to our customers, we implement fundamental project management control measures with our field teams and our clients to ensure each customer’s unique needs and expectations are met. Transparency, integrity, and quality are our core corporate values.

BWI Mission & Core Values

At BWI our primary goals are excellent customer service and quality performance. We value the trust our clients give us and we don’t take anything for granted. Our clients and partners deserve to be treated with the upmost respect and professionalism while also receiving the pest performance possible. BWI is committed to continually delivering measurable results that are above and beyond industry standards

  • Integrity: Integrity is the foundation of solid relationships and partnerships that is built from the history of our words and actions. For BWI, integrity equates to trust and it is a core component that we hold in high regard.
  • Transparency: With BWI you will always receive open, honest, dialogue and performance measures.  Timely communication and accountability are key elements in our transparency efforts.
  • Quality: At BWI we deliver quality results by exceeding the requirements expectations, needs and preferences of our clients. Quite simply, we give clients the best results possible. Our focus on quality has resulted in expanded relationships and in increased amount of return for our clients.

Certifications & Affiliations

Below are our real estate development, construction, and electrical certifications:

  • MBE Certified, City of Indianapolis 
  • MBE Certified, State of Indiana 
  • DBE HUD Section 3 Qualified


Opportunity Zones: Tax Cuts and Jobs Act of 2018

Since inception, Gary Hobbs, the CEO of BWI, LLC, has been instrumental in developing the strategy behind Opportunity Zones. Learn more.

Work With BWI on your next project

“Extensive internal expertise and strong external relationships allows BWI to develop, own, manage and construct affordable housing communities.” – Eric Slack, Chicago Newspaper