A $3.0M All-Equity Infill Syndication
Seventeen Modern Manor residences across five buildings in one of Charlotte's fastest appreciating corridors. Funded by a single equity raise: no construction lender, no draw approvals, no debt service. First closings inside seven months.
The Beatties Ford Collection targets the gap institutional supply has refused to fill: attainable, design-led density between traditional single family homes and commodity apartment blocks. Seventeen residences across two quadplexes and three triplexes, drawn to read as high end single family estates from the curb.
We call this Stealth Density. Maximum unit count, premium aesthetic, and none of the community resistance that typically slows multi family infill. The result is a Modern Manor product that commands top of market pricing in a corridor appreciating faster than the rest of the Charlotte MSA.
A $224K payoff of the landowner's distressed mortgage secures all five entitled parcels. The landowner contributes the land for a fully subordinated 40% profit interest: no guaranteed return, no voting rights.
17 residences across five buildings, drawn as estate grade architecture. Upscale buyers, no NIMBYism, maximum yield per acre.
One raise funds the whole project. No lender in the capital stack means no interest expense, no inspection-gated funding, and no debt-service penalty if the schedule moves.
The prior underwriting carried a construction loan. Restructuring to a single $3.0M equity raise deleted an entire expense category and every lender-driven delay from the critical path.
Sponsor still commissions independent progress inspections at foundation, framing, dry-in and final for investor reporting. Discipline without the lender's drag.
Every elevation is intentional. The architectural language is the current Charlotte preference, executed without compromise, so the product feels bespoke and never commoditized.
Two building typologies, Quadplex and Triplex, totaling 25,500 buildable square feet. Each unit pairs a main level great room, kitchen, dining, integrated garage and mudroom with a private upper level containing three bedrooms and a nine foot master suite.
Two architectural typologies, one Modern Manor language, engineered to look like five custom estates from the street. All funded by a single equity close.
See the Capital Offer
Official Builder · Cornelius NC
The Collection is built by Slate Building Group of Cornelius NC, with vertical cost locked at $97 per square foot. Slate completes each structure in 45 days and mobilizes the next at framing, a stagger that finishes all five buildings in a 137 day vertical window.
“The only builder in Charlotte that pays you back if the project does not finish on the agreed timeline. That structural skin in the game is why we chose Slate to build the Collection.
Founder · Slate Building Group
Investor first, builder second. Brent built Slate around a "high five in the drive" delivery culture, with real time client updates, a documented community build out process, and a fixed timeline guarantee that puts the firm's own capital at risk against missed schedules.
slatebuildinggroup.comFoundation to punch in four phases: slab, framing and dry-in, MEP and envelope, interior finish.
The next structure breaks ground when the prior completes framing, overlapping crews without doubling trades.
$97/SF vertical cost held by contract. The stress case at $110/SF is a cushion, not a forecast.
Slate pays the client back if delivery misses the agreed schedule.
A conservative 120 day front-end absorbs Charlotte permitting risk. Then five staggered 45 day builds complete all vertical work by Day 257, and closings begin months before the final structure finishes.
Every month saved matters: preferred returns accrue at roughly $22,500 per month on the full raise. Exiting at 14 months instead of 18 preserves about $90,000.
Disposition costs, 3% closing and 6% commissions, are paid from sale proceeds at exit and are included in total project costs above, not funded by the raise. Stress case assumes the full $110/SF cost and the slower 18 month sellout at once.
100% of the $3.0M raise returned to investors. First out, before anyone else is paid.
10% annualized to Class A, 8% to Class B. Both classes hold equal first-out priority.
Fully subordinated profit interest for contributing the land. Paid only after investors are whole.
JAM Development is paid last. Sponsor economics sit behind every investor dollar.
Class A units, $500,000 and above, earn a 10% annualized preferred return. Class B units below $500,000 earn 8%. Neither class is subordinate to the other: every investor dollar is first out, ahead of the landowner and the sponsor.
Illustration only, based on the offering's preferred return terms and target timelines. Returns are not guaranteed. Any investment is made solely through the Private Placement Memorandum.
This underwriting is deliberately padded. The model is built to work on its worst day, so anything the market gives back lands as pure margin.
Five contiguous entitled parcels: 2912 and 2920 Beatties Ford Road plus 2143, 2145 and 2147 Wilson Heights Avenue. Minutes from the Uptown core, on the trajectory of every major infill capital flow into the city, and positioned for immediate vertical execution.
One raise funds land, construction and carry with an $81,780 working capital cushion. Investors hold first-out priority on every dollar that comes back.
10%
Annualized preferred return
8%
Annualized preferred return
The complete pro forma, capital deployment schedule, parcel breakdown, JV documentation and architectural set are available under NDA to qualified investors.