Private Real Estate Investment Fund
A Private Real Estate Fund That Builds What It Owns.
The DBL Housing Fund is an SEC-regulated Reg D private real estate investment fund for accredited investors. We develop and hold new workforce housing — targeting an 8% preferred return and 12% return on equity, with a $250,000 minimum.
Fund Terms at a Glance.
Target return
8% preferred, 12% ROE
Strategy
Ground-up workforce housing, build and hold
Reporting
Quarterly, written by the operating team
Targets are not guarantees. Full terms are detailed in the Private Placement Memorandum.
How It Works
What Makes This Fund Different.
Same asset class as the big private real estate funds. A structure they can't easily copy.
We build the assets we own
Most private real estate funds buy stabilized properties at retail and hope for appreciation. We develop new workforce housing lot by lot, which means we capture the development margin instead of paying it to someone else.
Vertically integrated operator
DBL owns its homebuilder and its mortgage company. Land, construction, financing and management sit under one roof — wholesale pricing, faster timelines, and no third-party markup between the fund and the dirt.
SEC-regulated fund structure
The fund is offered under Regulation D of the Securities Act of 1933, with the federal investor protections and disclosure obligations that come with a private placement.
Truly passive for limited partners
LPs contribute capital and receive distributions and reporting. The general partner handles acquisition, entitlement, construction, leasing and disposition. No tenants, no draw schedules, no permitting calls.
Aligned economics
Leadership invests its own capital alongside limited partners, and the preferred return is paid before the GP participates. If the fund underperforms, we feel it first.
Documented, not narrated
Every claim on this page is backed by the fund documents and the private placement memorandum, which we share with qualified accredited investors on request.
Side by Side
Public REIT vs. Direct Ownership vs. Private Fund.
| Consideration | Public REIT | Direct ownership | DBL Housing Fund |
|---|---|---|---|
| Liquidity | Daily, trades like a stock | Property-by-property | Locked for the fund term |
| Correlation to equities | High | Low | Low |
| Cost basis | Market price | Retail purchase | Wholesale — we build it |
| Your workload | None | Full landlord duties | None |
| Typical asset | Commercial / luxury multifamily | Single property | New workforce housing |
| Access | Anyone | Anyone | Accredited investors, $250K min |
The Process
How to Invest in the Fund.
Four steps from first conversation to deployed capital.
01
Intro call
Fifteen minutes to cover your objectives, timeline and whether this fits. No pitch theatrics.
02
Accreditation & documents
We verify accredited status and share the private placement memorandum, operating agreement and data room.
03
Subscription
You review terms with your own advisors, then subscribe. Minimum commitment is $250,000.
04
Capital deployment
Funds go to work on active build pipeline. You receive distributions and quarterly reporting from there.
FAQ
Private Real Estate Fund Questions.
What is a private real estate investment fund?
A private real estate fund pools capital from qualified investors into a single vehicle that acquires, develops or operates property. Unlike a publicly traded REIT, it is not listed on an exchange — it is offered privately under an exemption such as Regulation D, and investors participate as limited partners rather than shareholders.
How to invest in private real estate funds?
You confirm accredited investor status, review the fund's private placement memorandum and operating agreement, subscribe for a commitment at or above the minimum, and fund the capital call. For the DBL Housing Fund the minimum is $250,000 and the process starts with a short intro call.
How are fees structured in private real estate investments?
Most private funds charge a management fee on committed or invested capital plus a performance split above a preferred return. Our structure pays limited partners an 8% preferred return before the general partner participates in profits. Exact fee terms, waterfall and expense treatment are set out in the private placement memorandum.
Private real estate fund vs. REIT — what's the difference?
A REIT is liquid and trades with the stock market, which means its price moves with equities regardless of what the underlying buildings do. A private fund is illiquid for the term but is valued on the assets themselves, and it can pursue strategies — like ground-up workforce housing development — that public vehicles generally will not.
Are private real estate investment funds a good investment?
They can suit investors who want real asset exposure, don't need liquidity, and want returns driven by operations rather than market sentiment. They are not suitable if you may need the capital back on short notice. Returns are not guaranteed and all real estate investing carries risk, including loss of principal.
Who can invest in the DBL Housing Fund?
Accredited investors only, as defined under Rule 501 of Regulation D — individuals, family offices, RIAs and institutions that meet the income or net worth thresholds. Offers are made solely by private placement memorandum.
Review the Fund Documents.
We share the private placement memorandum, operating agreement and data room with qualified accredited investors. Start with a short call and we'll take it from there.
This page is for informational purposes only and is directed exclusively at accredited investors as defined under Rule 501 of Regulation D of the Securities Act of 1933. It is not an offer to sell or a solicitation of an offer to buy any security. Offers are made only by private placement memorandum. Past performance does not guarantee future results. Returns are not guaranteed. All investments involve risk, including the possible loss of principal.
Building the Housing America Needs. Building Wealth That Lasts.
3434 Hancock Bridge Pkwy
Suite 202
North Fort Myers, FL 33903
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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