Senior Secured Construction Income Fund I

  • 12% Preferred Return*

    *Non-compounded. A targeted priority for distributions; not guaranteed. See PPM.

  • First-Lien Senior Secured
  • Homes Pre-Sold Before We Fund.

Accredited Investors Only

Common Pitfalls in Construction Lending Funds

Complex Structures That Are Hard to Evaluate

Construction lending funds vary widely in quality, and knowing what to look for requires time most investors don’t have.

Funds That Put Your Capital in a Junior Position

Many private credit offerings leave investor capital in a junior position with limited collateral protection.

Little Visibility Into How Loans Are Managed

Without visibility into how loans are originated, drawn, monitored, and repaid, investors are left guessing.

No Independent Oversight of Manager Decisions

Too many emerging managers operate without independent approval rights over governance-sensitive decisions, leaving investors with limited accountability.

How Our Fund Is Different

First-Lien Collateral on Every Loan

Every loan is secured by a first-priority lien on the underlying property. The Fund does not originate mezzanine, subordinated, or unsecured debt.

Forward Purchase Takeout Discipline

The Manager targets loans supported by a Qualified Forward Purchase Contract — a committed buyer with proof of funds or full lender pre-approval and no financing contingency. The forward purchase standard may be approved, waived, or modified on a case-by-case basis by the Manager. See the PPM for details.

Milestone-Based Draw Controls

The Fund targets deployment of capital through controlled draws tied to verified construction milestones, supported by third-party inspections, invoices, and lien waivers.

Independent Board Approval Rights

An Independent Board holds 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 is primarily advisory; it does not approve individual investments or control day-to-day operations.

Key Fund Features

12% Preferred Return*

*Non-compounded. A targeted priority for distributions; not guaranteed. See PPM.

First-Lien Senior Secured

Controlled Milestone Draws

How It Works

01

Get the Overview

Request the fund summary to understand the strategy, target returns, and structural risk controls. Takes 5 minutes to review.

Get the Fund Overview

02

Talk to Our Team

Schedule a 15-minute intro call with our investor relations team. We’ll walk you through the details, answer your questions, and help you evaluate fit. No obligation

Schedule a Call

03

Review & Verify

Qualified investors receive access to the full data room — PPM, Operating Agreement, Subscription Agreement, financial models, and project documentation. Complete accreditation verification through our streamlined digital process.

04

Subscribe & Fund

Complete your subscription documents via secure electronic signature, fund your investment, and begin receiving distributions as they become available per the Operating Agreement waterfall. Distributions are not guaranteed.

Managed by Experienced Operators

Gregory Stula, CEO

Former auditor, Coopers & Lybrand (Fidelity Investments); Senior Financial Advisor, Solomon Brothers

Dave Rasmussen, President

40-year career including Ernst & Young; 25 years as general counsel and global tax director.

Elena Burgos, VP of Finance

Financial analysis, deal structuring, senior debt underwriting; licensed Florida realtor.

Frequently Asked Questions

What is the minimum investment?
Who can invest?
What risk controls are in place?
Can I redeem my investment early?
What is the next step?

Ready to Learn More?

Get the SSCI Fund I overview to understand how senior secured construction lending works and whether it fits your portfolio. No obligation.

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.

© 2026 Real Street Capital. All Rights Reserved.