Investment Comparison

Find the Right Investment for Your Financial Goals

Four structured offerings across the capital stack — from predictable monthly income to long-term equity compounding. Explore side-by-side and see projected returns for each.

$25M+

Total Offerings

10–23%

Target Returns

100%

On-Time Payments

17+

Years Experience

Four Offerings Across the Capital Stack
Debt allocations provide predictable fixed income; equity offerings target appreciation, tax-advantaged returns, and participation in upside through profit splits.
Lower Risk / Lower Target Return Higher Risk / Higher Target Return
01

Stream Series 10

Debt (FLDF)
10%
Fixed return, monthly distributions. Predictable income backed by RE-secured loans. Evergreen fund — no fixed maturity.
02

Fort Homes Income Note

Debt (FLDF)
12%
Higher fixed yield with first-lien collateral on facility and equipment. Monthly pay, DSCR coverage 4.4–8.9x.
03

The Hotel Melrose

Equity (Direct)
20% IRR
Stabilized asset with K-1 depreciation, 7% pref, 80/20 split. 2.07x target equity multiple over 5 years.
04

Fort Impact Fund

Equity (PE Fund)
23.4% IRR
PE-style returns, 3.15x target multiple. 10-year lifecycle across Rocky Mountain attainable housing.
Complete Investment Comparison
Review every detail across structure, returns, risk, and terms to find your fit.
Category Stream Series 10 Fort Homes Income Note The Hotel Melrose Fort Impact Fund
Issuing EntityFort Lending Debt Fund, LLCFort Lending Debt Fund, LLCHotel Melrose, LLCFort Impact Fund, LLC
StructureDebt Fund AllocationDebt Fund AllocationDirect Equity (LLC)Private Equity Fund
Offering TypeRule 506(c)Rule 506(c)Rule 506(b)Rule 506(b)
Target Return10% fixed (10.47% APY w/ reinvest)12% fixed (12.68% APY w/ reinvest)20% IRR target23.4% IRR target
Cash-on-Cash10% (paid monthly)12% (paid monthly)10% targetedGrowth-focused
Preferred ReturnN/A — Fixed interestN/A — Fixed interest7% cumulative, non-compounding7% cumulative, non-compounding
Equity MultipleN/A (Debt)N/A (Debt)2.07x targeted3.15x targeted
TermEvergreen (mgr-discretionary redemption)Evergreen (mgr-discretionary redemption)5 years10-year lifecycle
Distribution FrequencyMonthlyMonthlyQuarterlyQuarterly
Profit Split (LP/GP)N/A (Debt)N/A (Debt)80/20 after pref75/25 after pref
Collateral / SecurityRE-secured loans (land, projects, receivables)First-lien on facility, equipment, ARsOperating hospitality assetDiversified housing portfolio
LTV / Leverage≤75% LTV / ≤85% LTC≤75% LTV / ≤85% LTC~25–30% LTV (post-recap)~60% LTC on projects
Minimum Investment$50,000$50,000$15,000$25,000
Tax TreatmentK-1 (pass-through)K-1 (pass-through)K-1 (pass-through depreciation)K-1 (pass-through)
Eligible AccountsCash, Self-Directed IRA, Solo 401(k)Cash, Self-Directed IRA, Solo 401(k)Cash, Self-Directed IRA, Solo 401(k)Cash, Self-Directed IRA, Solo 401(k)
Investor EligibilityVerified Accredited (506(c))Verified Accredited (506(c))Accredited + Sophisticated (506(b))Accredited + Sophisticated (506(b))
Investor-Paid FeesNone — Fees paid by borrowerNone — Fees paid by borrower1% of gross revenues1% annually of Cumulative Project Costs
Exit StrategyRepayment at maturity; option to reinvestRefinance at Month 36Sale or refinance at Year 5Capital return Yr 5; full exit Yr 10
Primary Risk FactorLoan default / borrower performanceManufacturing ramp + single-facility riskHospitality cycle + occupancyDevelopment + absorption + 10-yr horizon
DSCR / CoveragePer FLDF underwriting (≤75% LTV, min 650 FICO)4.4x (2025), 8.9x (2026 proj.)2.48x (pro forma, post-recap)N/A (equity vehicle)
Risk ProfileLower–ModerateLower–ModerateModerateModerate–Higher
See What Your Capital Could Earn
Adjust your investment amount and time horizon to compare projected outcomes across all four offerings.
$100,000
5 Years
Reinvest interest payments (debt offerings only)

Important Disclaimer: These projections are estimates only and are calculated based on target returns published in offering materials. Actual results may vary materially. Debt returns assume simple interest paid monthly (or compound monthly if reinvestment is toggled on). FLDF is an evergreen fund with no fixed maturity. Equity projections use target equity multiples (Melrose: 2.07x over 5 yrs; Impact Fund: 3.15x over 10 yrs) with a modeled distribution pattern — actual timing and amounts of distributions will differ. These figures are not guarantees of future performance. Past performance is not indicative of future results. Please review the applicable PPM for complete details.

Cumulative Value Over Time
Debt offerings show steady linear or compounding income. Equity offerings follow a J-curve — modest early returns with the bulk of value realized at exit.
Stream Series 10 (10%)
Fort Homes Note (12%)
Hotel Melrose (20% IRR)
Fort Impact Fund (23.4% IRR)

Disclaimer: This chart illustrates projected growth based on target returns from offering materials and is for illustrative purposes only. Actual investment performance will vary. Equity curves model an estimated distribution pattern and do not represent guaranteed outcomes. Consult the applicable Private Placement Memorandum for complete details and risk factors.

Which Investment Aligns With Your Goals?
Match your priorities to the right offering. This framework is educational and not a recommendation.
S

Predictable monthly income with capital preservation

→ Stream Series 10

Fixed 10%, monthly pay, RE-secured, evergreen structure. Ideal for income-focused portfolios seeking stability.

F

Higher fixed yield with comfort around operating business risk

→ Fort Homes Income Note

Fixed 12%, first-lien collateral, DSCR coverage of 4.4–8.9x. Higher yield secured by production infrastructure.

M

Equity ownership with tax advantages and current cash flow

→ The Hotel Melrose

K-1 depreciation, 7% pref from distributable cash, stabilized hospitality asset, 80/20 upside over a 5-year horizon.

I

Long-term wealth creation with 5–10 year horizon

→ Fort Impact Fund

23.4% IRR target, 3.15x multiple, vertically integrated housing thesis across Rocky Mountain markets. PE-style returns.

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Non-binding indication of interest only. You will receive offering materials and a follow-up from our Investor Relations team.

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Investor Relations

3199 D Rd #D100, Grand Junction, CO 81504
Monday – Friday, 9 AM – 5 PM (MT)

This form is intended solely to gauge interest under Regulation D, Rule 506(b) and does not constitute an offer to sell securities. All soft commitments are non-binding and subject to completion of offering documents and verification of investor status.

This document 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 possible loss of capital. Target returns, IRR projections, and equity multiples are forward-looking estimates based on management's current assumptions and are not guarantees of future performance. Actual results may vary materially. Past performance is not indicative of future results. Investors should review the applicable Private Placement Memorandum, Operating Agreement, and Subscription Agreement for complete details, including risk factors. 506(b) offerings are available only to accredited investors and sophisticated investors with a pre-existing substantive relationship with the Sponsor. 506(c) offerings require verified accredited investor status.