DLP Lending Fund, LLC
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.
Accredited Investors only.*
The Fund endeavors to produce attractive risk-adjusted returns by making short term bridge loans, generally six to twenty-four months. These loans are typically senior, secured, first position non-owner occupied single family and multifamily mortgages.
| 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 | 1.0% |
| Targeted Current Distributions | 9% |
| Preferred Return | 8% |
| Targeted Annual Net to Investor | 9% |
| Return Split | 80/20 upon achieving 8% preferred return |
| Redemptions | 90-Day Notice |
| Benefits of Leverage | Yes |
| IRA Investment Option | Yes |
| Tax Shelter through Depreciation | No |
| Subject to UBIT | No |
| Target Fund Size | $1,000,000,000 |
| Minimum Investment | $500,000 |
| Manager Co-Investment | Minimum 5% Committed Capital |
| Must Be Accredited | Yes |
| Tax Reporting Method | 1099-DIV |
| Audited Financials | Yes; CohnReznick |
| Legal Counsel | Seward & Kissel, LLP |
| Institutional Option | Yes |
| Reporting Frequency | Monthly |
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: 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 & disclosure.
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