GLH Investment Fund

Investment Overview

GLH Investment Fund is a residential real estate development fund focused on building 2,000 single-family homes across Cleveland, Ohio and its surrounding markets. The project is anchored by strategic partnerships with the City of Cleveland that provide access to land for $1, a 15-year transferable tax abatement, and a tax grant of up to 20% of build costs, giving GLH a substantial structural advantage over market-rate developers. GLH has already secured 90% of total construction capital and is raising the remaining 10% to initiate the next development tranche, offering investors a short-duration, income-oriented vehicle with quarterly distributions and a defined 12-month term.

Why This Opportunity

• Sponsor-city partnership: Direct relationships with Cleveland's mayor and city council position GLH as the preferred developer for this 2,000-home initiative, securing priority land access and financial incentives unavailable to market-rate developers

• Structural cost advantage: Land secured for $1 per parcel from the City of Cleveland, creating an embedded margin that market-rate developers cannot replicate

• 15-year transferable tax abatement: Each home built receives a 15-year tax abatement that transfers to the end buyer, significantly reducing ongoing property tax costs and increasing buyer demand and resale velocity

• Tax grant: Up to 20% of build cost per home covered by city tax grant, activating at 80% completion

• Rapid build cycle: Construction partnership delivers single-family homes in 8 weeks per home, supporting fast capital turnover and consistent deliverables

• Quality assurance: Every home delivered with a 24-month builder warranty

• Already 90% funded: GLH has secured 90% of total construction capital with the remaining 10% representing the current raise

• Multiple exit strategies: Primary strategy is retail sale to individual buyers with 100% financing available. Contingency strategies include bulk institutional sales (relationships established with Crestlight, BlackRock, Blackstone) and rental conversion yielding projected 9-12% cash-on-cash returns

• Tiered annual returns: 10% preferred return in Year 1, 11% in Year 2, 12% in Year 3

• Projected returns: 12.1% target return with a 1.12x equity multiple over a 12-month hold

Deal Structure

• Structure: Single-family residential development fund

• Cost to build per home: $190,000

• Market value per home: $250,000

• Gross profit per home: $60,000

• Total project revenue target: $562.5M across 2,000 homes

• Total projected gross profit: $135M over 5 years

• Minimum investment: $100,000

• Hold period: 12 months

• Distributions: Quarterly

• Principal return: 90-day notice

• Fund termination: January 1, 2027

• Offering: 506(c) Reg D, accredited investors only

Preferred Return Schedule

• Year 1: 10% annual preferred return

• Year 2: 11% annual preferred return

• Year 3: 12% annual preferred return

5-Year Development Plan

• Year 1: 250 homes built and sold ($62.5M revenue, $12M net profit)

• Year 2: 500 homes built and sold ($125M revenue, $24M net profit)

• Year 3: 750 homes built and sold ($187.5M revenue, $36M net profit)

• Year 4: 500 homes built and sold ($125M revenue, $24M net profit)

• Year 5: 250 homes built and sold ($62.5M revenue, $12M net profit)

• Total: 2,000 homes, $562.5M revenue, $108M net profit (after admin and misc. expenses)