DLP Lending Fund

DLP Housing Fund DLP Building Communities Fund DLP Preferred Credit Fund Invest Now

The Lending Fund is a real estate-backed fund focused on originating first position loans to professional real estate operators. Through our lending strategy, we are providing capital to top-tier operators and builders to create, improve, and preserve affordable workforce housing while actively helping our sponsors scale their businesses and make an impact.

This Fund endeavors to produce attractive risk-adjusted returns by making short-term bridge loans, generally six to 24 months. These loans are typically senior, secured, first position non-owner occupied single-family and multifamily mortgages.

KEY FUND BENEFITS

Accredited investors only*

Monthly Distributions
Evergreen private REIT offering ongoing liquidity
Targeted annual returns of 9-10%

Learn More

Fund Highlights

Open-ended, private credit real estate investment fund that enables the manager to make debt investments for the acquisition, repositioning, and construction of primarily workforce housing assets designed to provide strong consistent returns to investors.
Loans are typically short-term in nature, ranging from six to 24 months. The short-term duration focus of the fund provides significant liquidity to investors and should provide protection from rising rates and inflation.
A thorough underwriting process that makes sure loans are only made to borrowers that have a high probability of success with the project/property by primarily lending to proven successful operators with high credit scores, ample liquidity, and personal guarantees.
Subordinated management fees, whereby investors receive their monthly preferred return distributions before DLP receives any fees; aligns investors’ interest with DLP’s.

Fund Overview Download Tearsheet

Fund Overview

Fund Type	Senior Secured Mortgage Pool
Fund Investments	Senior mortgages, primarily workforce housing assets
Direct/Indirect Security	1st Position Mortgages backed by Real Estate along w/ Personal Guaranties
Inception Date	October 2014
Fund Term	Evergreen
Distribution Frequency	All Distributions Paid Monthly
Management Fee	2.0%
Annual Management Fee Rebate for Investments of $1M+**	0.50%
Annual Management Fee Rebate for Investments of $10M+**	1.0%
Targeted Current Distributions	9%
Preferred Return	8%
Targeted Annual Net to Investor	9-10%
Management Performance Fees	20% upon achieving 8% preferred return
Redemptions	90-Day Notice
Benefits of Leverage	Yes
IRA Investment Option	Yes
Tax Shelter through Depreciation	No
QBI (199A) Deduction Eligible	Yes*
Subject to UBIT	No
Target Fund Size	$2,000,000,000
Minimum Investment	$200,000
Manager Co-Investment	Minimum 5% Committed Capital
Must Be Accredited	Yes
Tax Reporting Method	1099-DIV
Audited Financials	Yes; CohnReznick
Institutional Option	Yes
Reporting Frequency	Monthly
*Not subject to phase out

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 Lending Fund

KEY FUND BENEFITS

Fund Highlights

Fund Overview

Get Your Investment Started