C77 Development Fund

The Purpose of C77 Development Fund is to provide capital for special purpose loans on private owned & operated real estate secured projects. These have a unique business of Youth Housing and Behavioural / Mental Health Services where income is provided by the State of Texas via contracts.

Fund Raise: $40M

Minimum Investment: $100K

Hold Period: 1-3 years

9.5% Preferred Return with targeted returns up to 12%

Funding Investment Strategy

Real Estate

Development

Business

Exit Strategy

Earned Interest

What We Lend On

#1 REAL ESTATE

All Investments Secured by Real Estate

#2 DEVELOPMENT

Construction / Building brings a value add component

#3 BUSINESS

Each funding has a business component of RTC & Medical

#4 EXIT STRATEGY

Prior to origination, there is a plan in place to retire the loan

#5 EARNED INTEREST

All loans earn interest paid by borrower

WHY CHOOSE C77 Fund?

Here are a few reasons why you might choose C77 Development Fund over other investments:

Backed by Real Estate Secured in 1st Position

30 Years Experience Funded Over 150 Million Dollars

State Reimbursed Steady Income

Flipped Over 150 SFR'S & Apartment Units Combined

Not Subject to Market Flux Like Traditional Real Estate Investments

Experience with Real Estate Investors & Construction

Borrowers personal guarantee

Full Transparency Reputation Honesty

WHY?

FUND HIGHLIGHTS

Unique Business Model

Involves real estate, finance & business with a touch of philanthropy.

The borrowers are an experienced highly professional team.

Senior Debt Only

All investments are 1st mortgages only. No junior loans or 2nd positions.

Deal Source

Several projects are currently underway and awaiting new capital deployment.

Loan Terms

Loans funded have a 36 month term. Borrowers are open to making early payoff subject to 6 months minimum earned interest

Incremental Funding

Funding will be in stages as construction progresses, additional funds are disbursed into projects, property values increase = stabilizing LTV’s

Distribution Choice

Fund offers two ways profits are disbursed to meet investor needs

Periodic = 8.5% pref

Full term – 10.5%

Analysis of Funding Requests

Incoming Deal Analysis
- Manager
  - Underwriting
    - Escrow
    - Title Work
  - Client Experience
    - Credit & Background
      - Financial Strength
      - Professional Team

ANALYSIS

C77 Organizational Structure

Paul Lussier
Manager / Originator
- Processing
  - Underwriter
    Manager ~ Outsource
  - Background
    Third Party Provider
  - Funds Control
    Third Party Provider
- Legal & Compliance
  - Fund Administrator
- Bank Escrow
  - Appraisals
    Third Party Provider
  - Site Inspections
    Third Party Provider
  - CPA
    Third Party Provider