Built to endure.
Run by the 17th-largest owner in the country.

Yes. Investors may invest through a Self-Directed IRA or certain other qualified retirement accounts; our investor-relations team can coordinate with your custodian.

Manufactured housing communities across the United States are the Fund’s focus: at least 60% of the initial purchase price of the Fund’s assets is to be allocated to manufactured housing communities. The Manager may, in its sole discretion, acquire other property types, pursue joint ventures and partnerships, and place up to 20% of the Fund’s capital into vehicles the Manager does not control, including other funds. The Fund is a total-return vehicle and may acquire income-producing and value-add properties — core, core-plus, value-add and opportunistic — directly or indirectly.

It is anticipated that bank or seller financing will generally account for between approximately fifty percent (50%) and seventy percent (70%) of the gross fair market value of each Property.

Two classes of Units are offered to investors. Class A ($500,000 minimum) carries a 10% preferred return and a 70/30 split of distributions between Class A investors and the Manager’s promote class. Class B ($100,000 minimum) carries an 8% preferred return and a 60/40 split. Class C is the Manager’s promote interest and is not offered to investors.

All distributions are first a return of capital until investors’ capital has been returned. On the sale of an asset, proceeds go first to return capital, then to any outstanding fees due the Manager, then to satisfy the preferred return, and lastly to the split described above. A preferred return is a priority of distributions, not a guarantee. The Private Placement Memorandum sets out the complete distribution waterfall and governs in all respects.

$100,000 for Class B and $500,000 for Class A. Investors in prior Freedom Funds offerings — including their friends and direct family members — may invest as little as $100,000 and receive Class A terms, or as otherwise determined in the Manager’s sole discretion. Class terms are stated in the Structure section above and in the Private Placement Memorandum.

An asset-management fee of 1% per year of the total value of the Fund’s assets. The Manager also participates in distributions through the Class C promote interest, as described under the share classes above. The Manager may, in its sole discretion, agree to different economic terms with certain investors by separate agreement — including a reallocation of a portion of the asset-management fee on accounts with capital contributions above $1,000,000 — so different investors may pay different fees and receive different distributions on the same invested amount. All fees and expenses, which reduce returns, are described in the Private Placement Memorandum.

Accounts begin to accrue a return 30 days after the date of Acceptance.

Acquisitions are targeted to begin in the first half of 2027, and the Manager’s goal is to begin distributions as soon as practical.

Distributions are targeted quarterly, unless otherwise determined by the Manager, and at least annually to the extent the Fund is able, as determined by the Manager.

Acquisition announcements as they occur. On a quarterly basis the Manager intends to furnish Members with a Fund update, which reports various activities and operations of the Fund. Annually, investors will receive a K-1 and the Fund’s audited financial statements.

Generally, we try to accept new investments each Friday, but the timing may vary.

No. The Fund is a private limited liability company, expected to be treated as a partnership for U.S. federal income tax purposes — see the Structure section above for how it is organized.

Yes. The Fund is offering Units under an exemption from securities registration afforded by Regulation D, Rule 506(c), which requires the Manager to take “reasonable steps” to verify that each Investor is Accredited before allowing them admission to the Fund.

“Accredited Investor” is defined in Rule 501(a) of Regulation D, as amended by the SEC in recent years, and includes a number of qualification categories: the income test ($200,000 individually, or $300,000 jointly with a spouse or spousal equivalent, in each of the last two years, with the same expectation for this year), the net-worth test ($1 million, excluding your primary residence), certain professional licenses held in good standing (Series 7, 65 or 82), and several entity categories. The Private Placement Memorandum describes each category and the documentation used to demonstrate qualification; under current SEC guidance, verification can in some cases be satisfied through your subscription materials. For more information, visit investor.gov.

An investment in the Fund should be considered long-term in nature. Investors should be in a financial position that will enable them to hold their Interests for the duration of the Fund, which is projected as up to ten (10) years, or longer, from the date the Fund closes to new capital, or as otherwise determined in the Manager’s sole discretion.

The offering itself is expected to remain open for up to three years, with an initial maximum offering of $25,000,000 that the Manager may increase in increments. Subscription funds are held until the $1,000,000 minimum offering amount is reached.

The Interests being offered are considered for IRS purposes to be personal property interests and are thus not suitable for a 1031 exchange. Investors seeking to do a 1031 exchange should not invest in this Offering.

However, the Company may be able to accommodate large 1031 transactions in a side car on specific property purchases, on a case-by-case basis.

Investors may be able to use Section 721 to contribute property to the Company in exchange for Membership Interests once the Fund has closed to new capital, but such a transaction is subject to negotiation with investors’ financial and other advisors and is subject to the sole discretion of the Manager. If you own a property you would like considered, reach out through the Connect section and the team will take it from there.

An investment in the Fund is illiquid and should be treated as such. The Interests are not registered under securities laws, transferability is substantially restricted, and no public market exists or is expected to develop. See “Risk Factors” in the Private Placement Memorandum.

Property management is in-house: Endeavor Communities, the platform’s dedicated property-management affiliate, runs the assets on the ground — residents, utilities, standards, and capital work.

Select Invest Now at the top of this page to begin the subscription process online. If you would rather talk it through first, the Connect section has direct lines to the investor-relations team — call, email, or book a time.