DLP Building Communities Fund

DLP Lending Fund DLP Housing Fund DLP Preferred Credit Fund Invest Now

The Building Communities Fund’s primary strategy is to positively impact the workforce housing crisis in America through equity investments in ground up development and construction of workforce rental communities. DLP Capital’s goal is to provide safe, clean, attainable workforce housing to 250,000 residents through 100,000 housing units while providing these families with a path to prosperity.

The Fund will primarily invest, through both debt and equity, in the ground up development, acquisition, improvement and management of residential real estate with a focus on providing affordable housing in markets with strong fundamentals.

The Fund will also primarily focus on growth oriented investments structured to provide strong growth, limited volatility, and tax shelter to its investors. The focus is mostly in secondary and tertiary markets in the sunbelt region.

KEY FUND BENEFITS

Annual distributions
Tax sheltered evergreen real estate fund
Targeted annual returns of 11-13%

Accredited Investors only*

Fund Overview Download Tearsheet

Fund Overview

Fund Type	Real Estate Equity
Fund Investments	Primarily equity investments into existing single-family and multifamily communities, mobile home and camp communities, and self-storage.
Direct/Indirect Security	Real Estate ownership
Inception Date	October 2021
Fund Term	Evergreen
Distribution Frequency	Quarterly (Pref); Annual (EDC)
Management Fee	2.0%
Annual Management Fee Rebate for Investments of $1M+**	0.50%
Annual Management Fee Rebate for Investments of $10M+**	1.0%
Preferred Return	8%
Targeted Annual Net to Investor	11-13%
Management Performance Fees	20% upon achieving 8% preferred return
Redemptions	Annual Redemption
Benefits of Leverage	Yes
IRA Investment Option	Yes
Tax Shelter through Depreciation	Yes
Subject to UBIT	Yes
Target Fund Size	$1,000,000,000
Minimum Investment	$200,000
Manager Co-investment	Minimum 5% Committed Capital
Must Be Accredited	Yes
Tax Reporting Method	K-1
Audited Financials	Yes; CohnReznick
Institutional Option	Yes
Reporting Frequency	Quarterly

*Management fee is paid monthly, but subject to claw back.

Past performance is not a guarantee of future performance.

* Accredited Investor Definition: For an individual to be considered an accredited investor, he or she must have a net worth of at least one million U.S. dollars, not including the value of one’s primary residence or have income at least $200,000 each year for the last two years (or $300,000 together with his or her spouse if married) and have the expectation to make the same amount this year.

**Management fee rebates of .5% for >$1M investment and 1% for >$10M investment are per account, per fund, based on a minimum annual investment balance-as of April 1st for the 2023 calendar year; per calendar year thereafter.

Risk Disclaimer: Investing in private real estate funds and notes secured by real estate has certain inherent risks, which could result in the loss of some or all of your principal investment. Your decision to purchase and invest should be based on your own particular financial circumstances and investment objectives. DLP Capital Partners, LLC (formerly known as DLP Capital Advisors, LLC), its officers, and representatives can in no way guarantee or warrant your success. Consult your tax advisor or financial advisor before investing. Past performance does not guarantee future performance. Please see fund offering documents for full details and disclosure.

DLP Building Communities Fund

KEY FUND BENEFITS

Fund Overview

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