The Fort Homes Income Note offers accredited investors an up-to-36-month, fixed-income lending opportunity through Fort Lending Debt Fund, LLC. Capital is deployed as a secured revolving credit facility to Fort Homes, LLC — a DOLA-approved modular housing manufacturer building precision-engineered Structural Insulated Panel (SIP) homes at its 17,000 SF factory in Grand Junction, Colorado.
Investors earn 12% fixed annual interest, paid monthly, secured by first-lien collateral including modular units in production, factory equipment, and accounts receivable. The credit facility carries a 4.4x debt service coverage ratio in 2025, projected to grow to 8.9x by 2026 as production scales.
Fort Homes addresses a critical market need: Colorado faces a 100,000+ unit housing shortfall, with homes priced below $300,000 virtually nonexistent in target markets. By manufacturing homes in a controlled factory environment using SIP construction, Fort Homes delivers energy-efficient, space-optimized housing faster, cleaner, and at 20–25% lower cost than traditional site-built methods.
The note is structured as a single-borrower credit facility with transparent collateral, zero investor-paid fees, and a defined exit through refinance at maturity. The maximum term is 36 months, with early redemption available upon Manager approval — investors are not locked in for the full term. All origination (1%) and management (2%) fees are paid by the borrower — not by investors.
The convergence of several macro and local factors creates an exceptional entry point for this credit strategy.
Single-Borrower Credit Facility with Transparent Collateral
- Unlike pooled debt funds, investors can see exactly where their capital is deployed — one borrower, one facility, one product line
- First-lien position on modular units in progress, factory equipment, and accounts receivable provides layered security
- 4.4x DSCR in 2025 means the borrower generates 4.4 times the cash flow needed to service the debt — well above institutional thresholds
Offsite Manufacturing Advantage
- SIP (Structural Insulated Panel) construction delivers homes 20–25% cheaper than traditional site-built methods
- All homes built to IRC and IBC standards — permanent residential construction, not mobile or manufactured housing
- Factory environment eliminates weather delays, material waste, and schedule uncertainty
- DOLA modular approval in progress enables shipping throughout the Rocky Mountain Region
- Interior-complete units leave the factory ready to move in — reducing field finishing time and cost
Scaling Production with Proven Demand
- Product line spans studios to 8-BR homes (504–3,200 SF) serving STRs, workforce housing, student co-living, and developers
- Multiple sales channels: developers, government agencies, and Fort + Home's own communities
- Grant-eligible for $1.5M+ in IHIP and DOE housing programs, providing non-dilutive capital to the borrower
Fort Homes, LLC is a modular housing manufacturer headquartered in Grand Junction, Colorado. The company builds precision-engineered homes using Structural Insulated Panels (SIPs) in a controlled indoor factory environment.
| Company | Fort Homes, LLC |
| Headquarters | Grand Junction, CO |
| Facility | 17,000 SF manufacturing facility + 1-acre staging yard |
| Launch | June 2025 |
| Construction Method | Structural Insulated Panels (SIPs) |
| Building Standards | Built to IRC and IBC standards — permanent residential construction, not mobile or manufactured homes |
| Product Range | Studios to 8-BR homes (504–3,200 SF) |
| Certifications | DOLA modular approval in progress (Rocky Mountain Region) |
| Smart Home | Integrated smart home technology standard |
| Multi-Story | Stackable 2+ stories |
| Grant Eligibility | $1.5M+ in IHIP and DOE housing grants |
36-Month Revenue Projection
Revenue projections are forward-looking estimates based on management assumptions. Actual results may vary materially.
Fort Homes manufactures six core models spanning studios to 8-bedroom homes (504–3,200 SF), serving diverse market segments including short-term rentals, workforce housing, student co-living, urban infill, resort communities, and developer projects. All models use SIP construction built to IRC and IBC standards with smart home integrations, and are designed for factory completion with minimal field finishing.
| Distribution Frequency | Monthly |
| Distribution Method | ACH direct deposit |
| Interest Rate | 12% fixed annual, paid monthly |
| APY with Reinvestment | 12.68% |
| Reporting Frequency | Quarterly investor updates |
| Tax Document | K-1 (annual) |
| Investor Portal | Secure portal access for statements, documents, and reporting |
The Fort Homes Income Note is structured as a secured, interest-only revolving credit facility between Fort Lending Debt Fund, LLC (the lender) and Fort Homes, LLC (the borrower). Investors participate as members of the Debt Fund and receive pro-rata interest distributions.
| Structure | Revolving credit facility |
| Maximum Commitment | $3,000,000 |
| Interest Rate | 12% fixed, paid monthly |
| Maximum Term | 36 months |
| Early Redemption | Available upon Manager approval — investors are not locked in for the full 36-month term |
| Collateral | First-lien: modular units in progress, factory equipment, accounts receivable |
| Origination Fee | 1% (paid by borrower) |
| Management Fee | 2% annualized (paid by borrower) |
| Investor-Paid Fees | None |
| Capital Repayment | Balloon at maturity (up to Month 36) |
| Exit Strategy | Refinance of facility and receivables at maturity |
All fees associated with this offering are paid by the borrower (Fort Homes, LLC), not by investors.
| Origination Fee | 1% of funded amount — paid by borrower |
| Management Fee | 2% annualized — paid by borrower |
| Investor-Paid Fees | None |
For additional detail and full list of fees related to the credit facility, please refer to the Deal Memo provided to qualified investors.
This page is provided for informational purposes only and does not constitute an offer to sell or a solicitation to buy securities. Any offer or sale of securities will be made only pursuant to definitive offering documents provided to qualified investors. All investments involve risk, including the potential for loss of capital (including invested principal).
The Fort Homes Income Note is offered pursuant to Rule 506(c) of Regulation D under the Securities Act of 1933, as amended. Investment is available only to verified accredited investors. Investors must independently verify their accredited investor status through a third-party verification provider or other means acceptable to the Manager.
Forward-looking statements, hypothetical information or calculations, analysis reports, financial estimates, and forecasted returns are inherently uncertain and involve risk. Past performance is not necessarily indicative of future results. Investors should not base their investment decision solely upon such information. Investors should either possess the necessary financial knowledge and experience to properly evaluate a potential investment or consult with appropriate legal, tax, and investment advisors prior to investing.
Revenue projections, production estimates, and DSCR figures presented on this page are management estimates and are not guarantees of future performance. Actual results may vary materially from projections due to market conditions, operational risks, supply chain constraints, permitting timelines, and other factors. The revolving nature of the credit facility means that actual capital deployment may differ from the tranche schedule outlined above.
The offering materials to be reviewed by investors include the information described on this website (as amended), together with the Deal Memo, the subscription agreement, and the operating agreement for Fort Lending Debt Fund, LLC. We require that all prospective investors read the complete offering documents and carefully review the potential risks detailed therein prior to investing.