Fund Summary Table

Term

Detail

Issuer

Senior Secured Construction Income Fund I LLC.

Exemption

Rule 506(c) of Regulation D.

Minimum Investment

$200,000; additional investments in $50,000 increments unless the Manager accepts less.

Preferred Return

12.0%, non-compounded, not guaranteed.

Manager Fee

1.50% per annum.

Fund Term

Evergreen (indefinite). No fixed termination date. The Fund operates as an open-ended, perpetual-life vehicle. New subscriptions are accepted on a rolling monthly basis.

Redemptions

No redemptions for first 12 months; thereafter quarterly at Manager's discretion, 90 days' notice, capped at 10% of net asset value per quarter.

Geography

Throughout Florida, with an initial focus in and around the greater Gainesville area.

Oversight

Independent Board with approval rights over governance-sensitive matters.

Investment Strategy

SSCI Fund I originates and participates in short-term, senior secured construction loans financing new-build residential homes throughout Florida, with an initial focus in and around the greater Gainesville area. Every loan is collateralized by a first-priority lien on the underlying property.Capital preservation is the starting point for every decision. From loan origination to draw disbursement to borrower oversight, the Fund’s operating framework is designed to manage risk before it materializes — not after.

The Manager targets loans supported by Qualified Forward Purchase Contracts — agreements with committed buyers who have demonstrated proof of funds or hold a fully underwritten lender pre-approval with no financing contingency. The forward purchase standard may be approved, waived, or modified on a case-by-case basis by the Manager based on the characteristics of the particular loan. By targeting loans where a qualified buyer is in place before construction begins, the Fund addresses the primary risk in construction lending: the exit.

Capital is deployed through controlled, milestone-based construction draws. Each draw is supported by a third-party inspection verifying that the corresponding milestone has been completed, along with invoice documentation and lien waivers as conditions to disbursement.

The greater Gainesville area benefits from strong population growth, sustained demand driven by the University of Florida, and limited new housing supply. The Fund may also originate loans elsewhere in Florida as opportunities arise.

Structural Risk Controls

First-lien Collateral

Every loan is secured by a first-priority lien on the underlying real property. The Fund does not originate mezzanine, subordinated, or unsecured debt. In the event of borrower default, the Fund holds the senior claim on the collateral.

Forward Purchase Takeout Discipline

The Manager targets loans where a Qualified Forward Purchase Contract is in place before the loan is funded. This means a committed buyer — with verified proof of funds or a fully underwritten lender pre-approval and no financing contingency — is contractually obligated to purchase the completed home. The forward purchase standard may be approved, waived, or modified by the Manager on a case-by-case basis. See the PPM for full details

Milestone-based Draw Controls

Construction draws are tied to verified milestones, not borrower requests. Each draw requires a third-party inspection confirming progress, supported by invoices and lien waivers as conditions to disbursement.

Independent Board Approval Rights

An Independent Board holds binding approval rights over governance-sensitive matters, including related-party transactions, changes to valuation or redemption methodology, conversion from the Evergreen Structure to a fixed-term vehicle, and extended redemption suspensions. The Board does not approve individual investments or control day-to-day operations.

Important Considerations

Speculative Investment. An investment in the Fund is speculative, involves a high degree of risk, and may result in the loss of your entire investment. The Fund is suitable only for investors who can bear the loss of their entire investment and who have no need for liquidity.

Investors should expect to hold their investment for at least the 12-month lockup period and should not rely on the ability to redeem.

Lock-Up and Redemption. No redemptions are permitted during the first 12 months. After the lock-up period, redemptions are at the Manager’s sole discretion on a quarterly basis, with 90 days’ advance written notice, and are capped at 10% of net asset value per quarter. The Manager may suspend redemptions under certain circumstances with Board approval.

Conflicts of Interest. The Manager, its affiliates, and the borrowers may have conflicts of interest that are expressly contemplated and disclosed in the PPM. Certain loans may be made to borrowers affiliated with the Manager. Related-party transactions require Independent Board approval.

Manager Discretion. The Manager has broad discretion over investment decisions, loan origination, draw administration, and Fund operations, subject to the terms of the Operating Agreement and Independent Board approval rights on specified governance matters.

The Fund also bears certain organizational, operating, and transaction expenses as described in the PPM and Operating Agreement.

Reporting. The Manager intends to provide periodic reports to investors in its good faith discretion. The frequency, detail, and format of reports are at the Manager’s determination.

Prospective investors should read the PPM and Operating Agreement in their entirety and consult their own legal, tax, and financial advisors before investing.

Distribution Waterfall

Distributable Cash is allocated in accordance with the Operating Agreement waterfall. First, accrued and unpaid Preferred Return is paid to Members pro rata based on Unreturned Capital. Second, Unreturned Capital is returned to Members pro rata until reduced to zero. Third, residual Distributable Cash is split fifty percent (50%) to Members pro rata by Units and fifty percent (50%) to the Manager.

See the Operating Agreement for full waterfall mechanics.

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This website is for informational purposes only and does not constitute an offer to sell or a solicitation of an offer to buy any securities. Any such offer will be made only by means of the Fund’s confidential Private Placement Memorandum, Operating Agreement, and Subscription Agreement, and only to qualified Accredited Investors in accordance with applicable law. Verification of accredited investor status is required under Rule 506(c) of Regulation D under the Securities Act of 1933, as amended. The preferred return is a target priority for distributions, is non-compounded, and is not guaranteed. An investment in the Fund is speculative, involves a high degree of risk, and may result in the loss of your entire investment. The Units are illiquid, there is no public market for them, and none is expected to develop. Prospective investors should review the PPM and Operating Agreement and consult their own legal, tax, and financial advisors before investing.