FREEDOM FUND 
Freedom Fund X invests exclusively in manufactured housing communities — attainable housing with demand that holds through every cycle.
Attainable housing serves a need that persists through every market cycle. Fund X owns the communities that provide it.
Manufactured housing NOI has grown every year for a quarter century — through the dot-com bust, the GFC, and a pandemic.¹
| Asset class | Beta |
|---|---|
| Broad CRE | 1.00 |
| Self-storage | 0.68 |
| Manufactured housing | 0.42 |
¹ Source: Elevation Capital Group — Market Research White Paper (Jan 2026); NCREIF. Presentation indexed/illustrative; final citations added before launch. Past performance does not guarantee future results.
A structure built for full market cycles — patient capital, with distributions targeted monthly along the way.
Acquire well, operate hard, and look to return capital through refinancing — while income keeps flowing.
Quality communities in growth metros.
Add value — and distribute income along the way.
We look to refinance assets as conditions allow.
Return capital from refinancing — cash flow continues.
The process continues beyond return of capital.
The structure of the Fund, coupled with the experience of the team, is designed to serve investors first.
Every figure below pulls from the same offering model that powers the platform today.
An investment in Freedom Fund X, LLC is speculative and illiquid and involves substantial risk, including possible loss of all invested capital. See “Risk Factors” in the PPM.
Six structural advantages,
built into the Fund.
Manufactured housing has demonstrated low correlation to the broader market.
Accelerated depreciation and cost segregation may deliver tax benefits to investors.
We look to refinance as conditions allow and return a portion of equity to investors.
Diversified across communities, markets and geographies.
Initial loan-to-value targeted near 50%, sized to protect income.
Tenants pay down the debt — building equity and long-term wealth.
Land under homes. Rent that recurs.
An asset you can stand on — and see from above.
Institutional-quality assets, stewarded by a team that has done this across decades and cycles.
Prior projects were sponsored by affiliates of the Manager and its principals. They are shown as background of the team, are not assets of Freedom Fund X, and are not indicative of Fund results.
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