Residential construction lending with forward purchase takeout discipline

West Lake Construction Income Fund I seeks to provide current income and return of capital by originating and participating in senior secured construction loans and related credit investments, primarily financing new-build homes in the West Lake development in Hawthorne, Florida.

Strategy

Senior secured residential construction lending

Takeout discipline

Qualified Forward Purchase Contracts

Controls

Milestone-based draws, third-party verification, lien waivers, reporting

Built for steady income: our Construction Income Fund makes senior secured residential construction loans with Qualified Forward Purchase Contracts lined up for the exit—then protects capital with milestone-based draws, third-party verification, lien waivers, and rigorous reporting for a safer, more reliable return.

Founded on real estate industry excellence, experience & expertise

Capital protection and disciplined execution are central to our approach. The Fund focuses on senior secured construction lending with controlled draws, third-party progress verification, and consistent reporting designed to keep investors informed throughout the construction and repayment cycle.

"We are genuinely excited about the potential of Real Street BTR Opportunity Fund, LLC and are committed to supporting you in this capital raising journey. Your success is our success, and we look forward to seeing the fruition of your efforts."

— David Lee. Founder and CEO of Netshares.com

WEST LAKE

West Lake program overview

Proven West Lake execution, forward-purchase takeout discipline, and lender-grade controls underpin the program’s construction lending strategy.

Proven West Lake execution: sponsor/borrower track record includes ground-up homes built and sold in the same neighborhood, with additional starts anticipated.
Forward-purchase takeout discipline: focus on Qualified Forward Purchase Contracts (buyer qualification supported by proof of funds and a fully underwritten lender pre-approval if financing).
Lender-grade controls: controlled construction draws tied to verified milestones, supported by third-party inspections, invoices, lien waivers, and consistent reporting.

Invest in a property that is designed to thrive

Gain a bird’s-eye view of this investment opportunity—and dive into the details. Learn more about West Lake’s advantages below, and review an in-depth overview. .

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Senior secured focus

The Fund originates and participates in senior secured construction loans financing new-build homes, with a focus on credit and collateral protection.

Forward purchase takeout discipline

The Manager intends most loans to be supported by a Qualified Forward Purchase Contract with no financing contingency and buyer qualification documentation.

Controlled draw administration

Controlled, milestone-based construction draws with third-party progress verification, invoice support, and lien waivers as a condition to disbursement.

Reporting transparency

Monthly updates including photos, schedule status, budget variance tracking, and a current risk log; data room maintained with budgets and sample reporting.

Distribution waterfall discipline

Distributable Cash is distributed per the Operating Agreement waterfall: Preferred Return, then return of Unreturned Capital, then residual to the Manager (or its designee).

Rule 506(c) accredited-only offering

Class A Preferred Units are offered under Regulation D, Rule 506(c) to Accredited Investors; verification is required prior to investment.

PROCESS

How it works

With many years of land development, real estate, and financial experience, Real Street Capital has created a process that is secure, seamless, and effortless.

With growth- and community-oriented investment opportunities, deciding where to grow your money is straightforward.

01

Fit call and eligibility

Fit call (15–20 minutes) followed by investor packet and data room access; then definitive documents and (as applicable) accredited investor verification prior to funding.

02

Loan origination and deployment

Pooled capital is used to originate and participate in senior secured construction loans financing a repeatable pipeline of new-build homes in West Lake.

03

Controls and oversight

Controlled, milestone-based construction draws supported by third-party inspections, invoice support, and lien waivers; ongoing monitoring and reporting.

04

Distributions and repayment

Distributions, if any, are expected from loan interest and repayment proceeds (including upon home sale/closing) in accordance with the Operating Agreement waterfall.

Please read our Data Room before investing.

Data Room

Qualified investors can access offering materials and project documentation in the data room

RESOURCES

Resources for investors

Educational resources on residential real estate and construction lending. Our current offering is a construction lending strategy under forward purchase contracts; qualified investors can access details in the data room.