I wanted to follow up on the Troy, Texas finished-lot development opportunity we shared recently. We are approaching 50% of the total allocation funded, and commitments are coming in steadily.
This is an approximately 18-month investment with a defined exit, structured as a profit-participation (not a traditional interest-only note). Investors receive 35% of builder profits at closing, targeting a 20% blended annualized return.
Highlights:
• 18-month targeted timeline
• Target 20% blended annualized return
• 70 finished, shovel-ready lots
• Pre-sold to multiple builders
• Homes priced $250k–$300k, USDA eligible with 0% down
• Capital secured by second-position deeds of trust