DLP Housing Fund LLC
Accredited Investors only.*
DLP Capital Partners introduces its latest fund, the DLP Housing Fund: A $1 billion hybrid “evergreen” private REIT.
As the company’s eighth investment fund, the DLP Housing Fund will allow for key benefits including the maximization of:
- Monthly distributions
- A tax-advantaged evergreen hybrid REIT fund structure
- And, targeted 12%+ equity returns
All leveraging DLP’s proven direct residential real estate lending and equity strategies.
Additional highlights include:
- Open-ended, private real estate investment fund that enables the manager to acquire longer hold assets designed to provide greater returns to investors
- Industry-first “hybrid” structure combines DLP’s Multi-Family Investment and Direct Lending strategies into a single fund
- Annual valuation of DLP Housing Fund assets allows for consistent growth and the ability to invest based on the most current value of Fund and assets
- Annual redemptions provide the ability to exit/redeem in whole or in part based on investors’ timing without a long-term commitment or forced wind-down of Fund to achieve targeted returns
| Fund Type | Real Estate Equity & Direct Lending Fund |
| Fund Investments | Direct Real Estate Ownership & First Position Secured Real Estate Loans |
| Direct/Indirect Security | Equity Ownership in Real Estate & Mortgages |
| Inception Date | January 2020 |
| Fund Term | Evergreen |
| Distribution Frequency | Monthly (Pref), EDC Distributed to Investor Accounts Annually |
| Targeted Monthly Distributions | 6% Annualized |
| Preferred Return | 6% Net, Paid Before 1.5% Management Fee |
| Management Fee | 1.5% Subordinate to Preferred Return |
| Targeted Annual Return Net to Investor | 12%+ Net |
| Return Split | 80/20 Upon Achieving 6% Preferred Return & 60/40 Upon Achieving 12% Net IRR to Investors |
| Redemptions | Annual |
| Benefits of Leverage | Yes |
| IRA Investment Option | Yes |
| Tax Shelter through Depreciation | Yes |
| Target Fund Size | $1 Billion |
| Target Minimum Investment | $250,000 |
| Manager Co-investment | Minimum 5% Committed Capital |
| Must Be Accredited | Yes |
| Audited Financials | Yes, CohnReznick |
| Legal Counsel | Seward & Kissel, LLP |
| Institutional Option | Yes |
| Reporting Frequency | Quarterly |
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 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.
Risk Disclaimer: These investment opportunities have inherent risk factors. These investments are not backed by the FDIC, and no investment can guarantee a profit or protect against a loss.
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