Unique, High-Yield Investing Backed by Land

Today, many high net worth investors are seeking current income. The yield on most bonds and dividend-paying stocks does not meet the needs of the income portion of most personal portfolios. We believe we have a solution.

ParkSlope Land Development Lending Fund I, LP seeks to achieve a superior rate of return by issuing senior loans secured by a first priority mortgage or deed of trust to large-scale residential real estate projects. 

Targeting an annual return of 18%,* net of fees and expenses.

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The Developers We Lend Your Money to Are Integral to the Housing Ecosystem

Consumers need houses, homebuilders need more developed lots ready for construction, and land developers need funding to develop land to supply those lots. ParkSlope intends to offer short-term, high-interest financing.



The Opportunity

The aftermath of the financial crisis of 2008 left a void in the lending market for residential land acquisition and development, as banks and other financial institutions retreated.

Even the most seasoned developers remain frustrated by the difficulty of obtaining bank loans to finance projects. This creates a unique opportunity and serves as the rationale for our investment thesis—that is, why ParkSlope works in this realm of private lending. 

ParkSlope is offering accredited investors the potential for superior returns when seeking opportunistic investment strategies while fulfilling an extreme shortage and growing demand. The fund’s investment objective is to provide direct debt financing to land-development projects designed to create master-planned, residential communities in upscale submarkets within major growth markets in the Southeast and Texas.

Investment Philosophy: Lend in the Southeast and Texas!

It’s no secret that people want to own homes. Where better to raise a family and pursue the suburban dream than in the sunny, upscale neighborhoods of the Southeast and Texas? Great weather has drawn scores of families, jobs, and retirees. Add in the incentive of no state income taxes in Florida and Texas for businesses and individuals alike, and you may just have the next American dream. What’s more, with 10,000 baby boomers retiring everyday, these upscale developments are more in demand than ever before.

We will loan only to land developers with a proven track record and specific expertise in developing buildable lots targeting upscale communities in these regions. These will be available in bulk to national, regional, and custom builders, or for sale individually to members of the public. 

UNIQUE GP INCENTIVE

Traditional carried interest is replaced by a one-time success fee for the general partner, which is not paid until we meet our goals, and only AFTER each loan is repaid in full (principal and interest).

See important disclosures and explanations at the bottom of this website.

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Guide

Investment Guide

We have crafted an investment guide to walk you through the high points of the ParkSlope fund and its investment opportunity.

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The deck includes a more detailed investment process and how we aim to deliver an annual return targeted at 18%, net of all fees and expenses.*

*See important disclosures and explanations at the bottom of this website.

Historical Transactions (of the Primary Developer)

Our team’s truly unique approach to this last untapped asset in the real estate space differentiates us from other direct lenders.

Bluffs on the Waterway Reflection Pointe Water Ridge Cannonsgate at Bogue Sound Palm Coast Plantation Skyecroft Waterway Palms Sanctuary at Costa Grande

Primary Developer
For more information, see: www.sunbeltlandmgmt.com

OVER
46
YEARS OF EXPERIENCE
TRANSFORMED OVER
40,000
ACRES OF LAND
INTO OVER
150
RESIDENTIAL COMMUNITIES
VALUED OVER
1.5
BILLION DOLLARS

Snapshot of Select Developments/Loans

Average
PRINCIPAL LOAN AMOUNT ($)*
$12MM
Average
HOMESITES PER DEVELOPMENT (#)
538
Average
LOAN REPAYMENT PERIOD (months)**
14.5

*Weighted By Loan Repayment Period     **P&I; Weighted by Principal Loan Amount

See important disclosures and explanations at the end of this website regarding selection criteria.

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Contact and Request Deal Room Access

Is it time to perform due diligence on ParkSlope? Do you want to learn more or speak to one of our founders?

Please reach out to us through this form or by contacting us at:

ParkSlope Land Development 2018, LP
590 Madison Ave. Suite 2110
New York, NY 10022

info@ParkSlopeCap.com
Main: 212.600.5550

Name:
Email:
Phone:
Zip Code:
Inquiry:
Request access to Deal Room and Documents

© 2018-2020 ParkSlope Land Development 2018, LP    Privacy Policy   |   Terms of Use and Disclosures


Please refer to the Privacy Policy and the Terms of Use and Disclosures for additional information.

* The information on this website is provided for informational purposes only and is being provided to you by ParkSlope Capital LLC (“ParkSlope”) to determine your level of interest in investing in ParkSlope Land Development Lending Fund I, LP (the “Fund”). Information contained in this website is current only as of the date specified in this website, regardless of the time of delivery or of any investment, and does not purport to present a complete picture of the Fund or ParkSlope, nor does ParkSlope undertake any duty to update the information set forth herein.

In calculating targeted returns, ParkSlope utilizes certain mathematical models that require specific inputs that, in some cases, are estimated, and certain assumptions that ultimately may not hold true with respect to any investment. These estimates and assumptions may cause actual realized returns to deviate materially from modelled expectations. These models, including the estimates and assumptions, are prepared at a specific point in time and reflect conditions at such time. The targeted returns are premised on a number of factors including, without limitation, the opportunities that ParkSlope is currently seeing and/or expects to see in the future, which opportunities are uncertain and subject to numerous business, industry, market, regulatory, competitive and financial risks that are outside of ParkSlope’s control. There can be no assurance that the assumptions made in connection with the targeted returns will prove accurate, and actual results may differ materially, including the possibility that an investor will lose some or all of its invested capital. No assurances can be made that targeted returns will correlate in any way to past results, and no representation is made that results similar to those shown can be achieved. The inclusion of the targeted returns on this Site should not be regarded as an indication that ParkSlope considers the targeted returns to be a reliable prediction of future events, and the targeted returns should not be relied upon as such. Please contact ParkSlope at info@ParkSlopeCap.com if you would like additional explanation concerning the models, including the estimates and assumptions.

Past results are not necessarily indicative of future results and no representation is made that results similar to those discussed can be achieved. Investments in funds and accounts managed by ParkSlope may lose value. Investment results will fluctuate. Certain market and economic events having a positive impact on performance may not repeat themselves. Any description of past results may be based on unaudited, preliminary information and is subject to change.

The information on this website does not constitute an offer to sell or the solicitation of an offer to purchase any securities of the Fund or any other fund or account managed by ParkSlope. Any such offer or solicitation may be made only by means of the delivery of a private placement memorandum or other offering materials, which will contain material information not included in this website regarding, among other things, information with respect to risks and potential conflicts of interest. This website should not be used as the sole basis for making a decision to invest in the Fund or any other fund or account managed by ParkSlope. In making an investment decision, you must rely on your own examination of the Fund and the terms of any offering. You should not construe the contents of this advertisement as legal, tax, investment or other advice, or a recommendation to purchase or sell any particular security.

The investment examples discussed on this website do not represent all of the projects entered into by the founding principals of ParkSlope during this period but were selected by ParkSlope as a sampling of historical projects with characteristics similar to those that fit with the intended investments of the Fund. These particular examples have been included to demonstrate ParkSlope’s investment strategy and investment process, and have been selected based on objective, non-performance-based criteria. Specifically, these investments represent land development projects overseen by Sunbelt Land Management LLC or one of its affiliates since 1994 that are (i) located in the Southeast of the U.S. or in Texas; (ii) dedicated to single-family homesites; (iii) not intended for student housing or senior housing; (iv) of a scope and size similar to projects that the particular fund intends to target with respect to the number and size of the lots and the anticipated cost range of the homes expected to be built, although it should be noted that future developments may be larger or smaller; and (v) in areas with anticipated growth potential. Of all the land development projects from 1994 through 2008 overseen by Sunbelt Land Management, LLC or its affiliates, there were forty-one such projects with third-party financing representing seventy-one separate lines of credit and, of those seventy-one lines of credit, sixty-seven were paid out in full and on time. There were four out of the seventy-one that failed to meet the terms of the original loan, therefore requiring restructuring which resulted in a longer payout period. However, no project during this period was the subject of a foreclosure by any creditor or the subject of any investor lawsuit. From 2008 through mid-2018, there were no new land development projects of Sunbelt Land Management LLC or its affiliates with new, third-party financing, in consideration of the then-current tax and market conditions which did not suggest such endeavors. The investment examples may be ongoing investments of certain funds and accounts managed by ParkSlope and/or ParkSlope’s founding principals, and are not intended to be, and should not be construed as, investment advice or a recommendation to purchase or sell any particular investment. It should not be assumed that investments made by ParkSlope, including, without limitation, with respect to any fund or account managed by ParkSlope, will match the performance or character of the investments discussed herein, or that the returns of any funds or accounts managed by ParkSlope will equal the performance of the investments discussed herein. Investors may experience materially different results.

Notwithstanding the information presented herein, investors should understand that neither ParkSlope nor the Fund will be limited with respect to the types of investment strategies they may employ or the markets or instruments in which they may invest, subject to any express terms or limitations, if any, set forth in any private placement memorandum or other offering materials. No assurance can be given that any investment objectives discussed herein will be achieved.

The information included on this website is based upon information reasonably available to ParkSlope as of the date posted. Furthermore, the information included in this website has been obtained from sources ParkSlope believes to be reliable; however, these sources cannot be guaranteed as to their accuracy or completeness. No representation, warranty or undertaking, express or implied, is given as to the accuracy or completeness of the information contained herein and no liability is accepted for the accuracy or completeness of any such information.