Investor Relations
How We Partner
HD Multifamily structures each acquisition as an independent, sole-purpose vehicle. Here is what that means for you as an investor.
The Deal-by-Deal Model
Unlike fund managers who deploy committed capital across a blind-pool vehicle, HD Multifamily raises equity on a deal-by-deal basis. Each acquisition is held by a sole-purpose LLC structured as a Reg D 506 offering.
This means you evaluate each investment on its own merits — specific asset, specific market, specific business plan — before committing capital. You are not locked into a vehicle that deploys across deals you have not underwritten.
Investors who participate in multiple transactions build a de facto portfolio of individual assets, with full transparency into each position. Those who prefer to be selective can participate in opportunities that match their specific return objectives or geographic preferences.
Typical Deal Structure
Capital Structure
- Structure
- Single-Asset LLC (Reg D 506)
- Leverage
- 65–75% LTV (senior debt)
- Equity Split
- Available upon request
- GP Co-Investment
- Principals invest in every deal
- Minimum Investment
- Available upon request
Returns & Waterfall
- Preferred Return
- Available upon request
- Carried Interest
- Earned after preferred return
- Target Hold
- 3 – 7 Years
- Cash Distributions
- Quarterly (post-stabilization)
- Target Returns
- Available upon request
Specific terms, minimums, and return targets vary by deal and are provided in full in the Private Placement Memorandum. The above reflects typical deal parameters. Past performance is not indicative of future results.
The Investor Journey
01
Introductory Call
A 30-minute call with Sam. We discuss your investment objectives, timeline, and whether our deal flow is a fit.
02
Deal Flow Access
Qualified investors are added to our deal-flow distribution. You receive the investment summary and PPM when a deal matches your criteria.
03
Due Diligence
You review the PPM, underwriting model, and supporting diligence materials. Our principals are available for Q&A throughout this process.
04
Subscription & Close
Subscription documents executed via investor portal. Capital called at or shortly before acquisition closing.
Who We Work With
Our LP base consists of accredited investors under Regulation D 506. We work with a select group of partners — not a broad investor base — to maintain the direct relationship and communication standards our investors expect.
Family Offices
High-Net-Worth Individuals
Institutional Allocators
Reg D 506(c) requires that investors be accredited, as defined under SEC Rule 501. A pre-existing substantive relationship is required before any offering materials are shared.
Start with a Conversation.
Introductory calls are available directly with our principals. No intermediaries.
Schedule an Introductory Call