Harborline Residential
Harborline Workforce Housing Fund
OpenRule 506(c)Accredited investorsFund (LP)
Real estate
Summary
Value-add acquisition of 1980s and 1990s garden apartments in secondary Southeast markets, with renovations aimed at households earning 80 to 120% of area median income.
Highlights
- Targets 6 to 8 properties
- Renovation budgets of $8K to $12K per unit
- Quarterly distributions after stabilization
Key terms
| Offering type | Rule 506(c), Regulation D |
|---|---|
| Structure | Fund (LP) |
| Target return | 13% target IRR |
| Minimum investment | $50K |
| Raise size | $35M |
| Term | 7 yrs |
| Distributions | Quarterly |
| Final close | Jan 8, 2027 |
| Management fee | 1.5% on committed |
| Promote | 20% over 8% pref |
| Target equity multiple | 2.0x |
Risks
Private placements are illiquid, speculative, and may lose some or all of the capital invested. Targets are not guarantees. Read the Private Placement Memorandum in the data room before investing.