Sewer & Storm Utilities Finalized

In December, we finalized sewer and storm utilities and began installing electrical and water infrastructure. As horizontal development progresses, we are pursuing a buyer to position the property for a finished-lot sale once completed.

In December, we finished installing the sewer and storm utilities and began work on the electrical and water utilities.

We are currently seeking a buyer for this property so that once it is complete, we can sell the lots as finished lots.

As horizontal development progresses, the project will continue to generate income for the fund through development fees.

As both Fund Manager and Developer, we’ve chosen to share these fees with our investors through quarterly distributions.

More Projects Update

We previously completed horizontal development on the 41-lot short phase within Phase 2, and the plat has been submitted and approved. In the remaining section of the property, water and electrical utilities are in place, with base and curb work next.
Nine units in Phase 1 are finished, with Certificates of Occupancy in hand and ready for lease-up. Five more units on Lots 58 through 62 are being brought to CO, and the building permit application for the next 18 lots has been submitted ahead of vertical construction.
Two more properties recently went live, one outside Clearwater, Florida and one lakefront in the Poconos, both five-bedroom, eight-bed homes with full amenity packages. Since acquiring 142 rentals in December 2024, the portfolio has grown to 153 units.
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