Building the Housing America Needs. Building Wealth That Lasts.
DBL Capital is an SEC-regulated real estate investment fund built around a simple idea: America doesn't have enough workforce housing, and the people who build it stand to build significant wealth. We open that opportunity only to accredited investors.
SEC-REGULATED FUND STRUCTURE | $250K MINIMUM INVESTMENT | ACCREDITED INVESTORS ONLY
SEC-REGULATED | VERTICALLY INTEGRATED PLATFORM | TAX-ADVANTAGED DESIGN | FLEXIBLE DISTRIBUTION OPTIONS
| WORKFORCE HOUSING SPECIALISTS
THE OPPORTUNITY
America Doesn't Have Enough Affordable Housing. That's a Problem & an Opportunity.
21 million working families — nurses, teachers, firefighters, the people who keep our towns running — are getting priced out of the neighborhoods they serve. Big institutions chase luxury. Politicians argue. Meanwhile the shortage just keeps growing. For investors paying attention, the math isn't complicated.
21M
Families spending 50%+ of income on just housing
7.1M
Affordable homes America that still need to build out
98%
Occupancy in affordable markets vs. 89% for luxury
WHY DBL CAPITAL
What Makes DBL Capital Different.
We run the same thesis as the largest workforce housing funds. What they can't match is what sets us apart.
We build housing — we don't just buy it
Most funds buy what's already standing and hope it appreciates. We build new workforce housing from the ground up, lot by lot. That means we capture the upside of development and actually add to the supply that's missing.
Vertically integrated from day one
We operate alongside a sister construction company and mortgage company. No middlemen, no markup, no delays — just wholesale pricing, faster timelines, and a feedback loop no outside operator can match.
The opening big institutions can't fit through
Building scattered infill homes in everyday neighborhoods is messy and can be slow at scale — exactly why the giants stay away. Our local teams and tight process turn that complexity into our edge.
Founder-led, fully aligned
Leadership runs this fund as a general partner, meaning their success is your success — just a small team with skin in the game because the fund is structured so investors receive their preferred return before the general partner earns a dollar.
THE FUND
The DBL Housing Fund.
A serious way into workforce housing — built for accredited investors.
We don't just invest in workforce housing — WE BUILD IT.
Our trader partners handles everything from buying the land to construction to managing homes for the long haul. The shortage isn't going away anytime soon, and the fund is set up to keep working as it deepens.
SEC-regulated fund structure with federal investor protections
Tax-advantaged design targeting strong after-tax returns
Flexible distribution and reinvestment options
$250,000 minimum investment
Accredited investors only
Vertically integrated: DBL owns its contractor and mortgage company
Returns: 8% Preferred, 12% Target Return on Equity (ROE), Above 12%, Split 50/50.
FUND STRUCTURE
How Our Evergreen Fund Works
SEC-regulated fund structure (Reg D 506(c))
Accredited investors only
$250,000 minimum investment
3-year minimum initial term
Tax-advantaged depreciation
Quarterly progress reports
1.5% annual management fee
Class A membership units
Limited Partner (LP)
You invest as a limited partner, pooling capital with other investors to fund operations.
General Partner (GP)
We serve as the general partner, managing and overseeing all limited partner investments.
COMMON FAQ
Your Questions, Answered.
Is this fund SEC-regulated?
Yes. The fund operates under an SEC-regulated structure with the federal investor protections that come with it. We share the full fund documents and the private placement memorandum with qualified accredited investors who ask.
What makes DBL different from other real estate funds?
Most funds buy what's already built and hope it goes up in value. We build new workforce housing ourselves, control the costs by owning our contractor and mortgage company, and create homes in a market that's badly undersupplied. That's an edge most funds just don't have.
Am I personally liable for the fund's debt?
No. The fund uses up to 70% debt financing at the fund level. Investors (limited partners) have leveraged exposure without personally guaranteeing any debt.
How is this fund regulated and what are the tax implications?
DBL Capital operates as an SEC-regulated fund under Reg D. Investors receive a K-1 including depreciation benefits — a $250K investment can generate $60K–$90K in paper losses in year one (from depreciation), potentially offsetting significant W-2 income.
Why workforce housing and not luxury or commercial real estate?
The numbers tell the story: 98% occupancy in affordable markets versus 89% in luxury. About 1.6 months of inventory in affordable, 6+ months in luxury. Essential workers aren't leaving — they need somewhere to live, and there isn't enough of it. That demand isn't going anywhere.
How is my investment protected?
SEC-regulated structure, federal investor protections, disciplined risk controls, and full transparency in quarterly reporting. Leadership invests alongside investors — alignment of interest is fundamental to how we operate.
How does the fee and profit structure work?
There is a 1.5% annual management fee on AUM. Investors receive an 8% preferred return. Profits from 8–12% split 80/20 (investor/manager). Above 12%, the split moves to 50/50.
LEARN
Insights & Resources.
PORTFOLIO STRATEGY
How Much Real Estate Should Be In Your Portfolio?
Most investors stop asking whether to invest in real estate and start asking how much. The right answer isn't a percentage — it's a framework.
INVESTOR EDUCATION
The Hidden Cost Of Direct Real Estate Ownership
High-income investors long assumed direct ownership meant more upside. The hidden operational, tax, and time costs tell a different story.
MARKET INSIGHT
Costs of Waiting: When Cash Stops Being Conservative
Sitting in cash has felt safe for two years. But with inflation and opportunity cost compounding, defense can quietly become the riskiest position.
Read Our Latest Fund Update
The latest quarterly numbers, what's happening in the portfolio, and what we're seeing in the market — straight from the team.
Building the Housing America Needs. Building Wealth That Lasts.
QUICK LINKS
FUND
IMPORTANT DISCLOSURE
This website is for informational purposes only and does not constitute an offer to sell or a solicitation of an offer to buy any securities. Offers are made only by private placement memorandum to accredited investors. Past performance is not indicative of future results. Investing in real estate involves substantial risks, including the potential loss of principal.
Returns are not guaranteed. Full risks and terms are detailed in the Private Placement Memorandum.
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For accredited investors only. This is not an offer to sell securities. All investments involve risk of loss.