DLP Preferred Returns Equity Fund, LLC
Accredited Investors only.*
The DLP Preferred Returns Equity Fund, LLC is DLP’s third real estate equity fund to date. With this unique fund, all of the fund’s investments will be in a preferred position, either as preferred equity, with common equity invested “behind” the fund’s investment, or as a loan with equity invested “behind” the fund. In both instances, the fund gets paid on a preferred basis with the common equity being subordinate to the fund. The second unique feature of this fund is redemptions. Investors may redeem out of the fund at any time during the life of the fund with 180 days notice. Investors will receive the lower of the prevailing unit price or a 12% IRR upon redemption.
The Equity Offering is designed to provide 12% annual returns net to investors while providing liquidity and quarterly distributions.
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.
**If the investor redeems investment before fund liquidity event capital proceeds will be forfeited. Redemptions are contingent on manager’s ability to honor liquidation without negatively affecting the fund.
***Includes capital proceeds from selling assets from appreciation and principle pay down.
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.