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, affordable housing to 250,000 residents through 100,000 workforce 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 13%

Accredited Investors only.*

Learn More Fund Overview

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Fund Overview

Fund Type Real Estate Equity
Fund Investments Primarily equity investments into the development and construction of new communities
Direct/Indirect Security Real Estate ownership
Inception Date October 2021
Fund Term Evergreen
Distribution Frequency Annual
Management Fee 1.5%*
Preferred Return 8%
Targeted Annual Net to Investor 13%
Return Split 80/20 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 $250,000,000
Minimum Investment $200,000
Manager Co-investment Minimum 5% Committed Capital
Must Be Accredited Yes
Tax Reporting Method K-1
Audited Financials Yes; CohnReznick
Legal Counsel Seward & Kissel, LLP
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.

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.

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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 US 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.