Residential real estate private credit

Monthly income. Senior-secured collateral. Investor-first economics.

Access a focused residential private credit strategy serving experienced borrowers across Middle American markets.

For accredited investors only. Target returns and distributions are not guaranteed.

$2.5M

GP Co-Investment

Meaningful capital invested alongside our investors.

12%

Targeted preferred return with 50/50 shared upside

Not guaranteed

Monthly

Distribution Option

Subject to fund performance

$250K

Minimum Investment

Accredited investors

2 Years

Initial
Lockup

Quarterly thereafter

$2.5M

GP Co-
Investment

Alignment in practice

SEE HOW THE STRATEGY WORKS

From investor capital to underlying loans.

In approximately seven minutes, Erik Berggren explains the market gap, the underlying loan products, how returns are generated and the role Valhalla plays for investors.

01

The market gap

02

The underlying loans

03

How income is generated

04

Risk and alignment

THE STORY BEHIND THE OPPORTUNITY

Banks pulled back. Borrowers still need capital.

Traditional lenders have become more selective, while experienced residential real estate operators still need reliable capital to acquire, renovate, rent and sell homes. That mismatch has created a defined, relationship-driven opportunity.

BORROWER GAP

Smaller operators need flexible capital.

Regional-bank consolidation and tighter lending standards have left many qualified borrowers with fewer dependable options, especially in fragmented Middle American markets.

INVESTOR GAP

Private credit is moving upmarket.

Investor capital increasingly flows to large corporate direct-lending funds. Specialized residential credit can offer a different source of collateral-backed income outside that crowded segment.

A clear division of responsibility

Valhalla provides access to short-duration, hard-asset-backed residential real estate credit through an underlying origination platform operating in underserved markets.

HOW RETURNS ARE GENERATED

A direct income
engine.

Fund-level income is supported by interest and lending economics generated across a pooled portfolio of residential real estate loans.

01

Allocate

LP capital is deployed into an underlying platform that originates senior-secured residential real estate loans.

02

Earn

The underlying strategy earns interest income, lending fees and note-sale premiums.

03

Distribute

Investors may elect monthly distributions, subject to fund performance and governing documents.

Sample LOAN PRODUCTs of the Underlying Lending Platform

DSCR Mortgages

Residential investment-property mortgages underwritten primarily to rental income and debt-service coverage.

Rental cash flow

Rental cash flow

Rental cash flow

Residential Rehab Loans

Short-duration capital supporting acquisition, renovation and resale or refinance for active residential operators.

Fix & flip

Bridge capital

Short duration

PORTFOLIO CONSTRUCTION

Risk is managed at the loan, platform and fund levels.

The strategy is designed around real estate collateral, borrower equity and pooled exposure. These features can help manage risk, but they do not eliminate defaults, valuation changes, liquidity constraints or loss of principal.

01

Hard asset backing

Loans are secured by residential real estate collateral with borrower equity.

02

Short duration

Much of the portfolio is deployed across shorter repayment timelines.

03

Pooled exposure

Capital is diversified across many loans rather than one underlying property.

04

Active oversight

Underwriting, collateral review, servicing and portfolio monitoring continue after origination.

Clear roles protect the investment story.

Valhalla manages the fund, evaluates the structure, monitors the strategy and serves investors.

The underlying lending platform sources, originates, underwrites and services the loans. Valhalla is not represented as the loan originator.

FUND TERMS SNAPSHOT

Built for long-term, income-oriented investors.

In approximately seven minutes, Erik Berggren explains the market gap, the underlying loan products, how returns are generated and the role Valhalla plays for investors.

$2.5M

GP Co-Investment

The general partner has meaningful capital invested alongside LPs—putting alignment in dollars, not slogans.

TARGETED PREFERRED RETURN

12% annually

DISTRIBUTION OPTION

Monthly, subject to performance

MINIMUM INVESTMENT

$250,000

STRUCTURE

Private investment fund / SPV

ELIGIBILITY

Accredited investors only

LIQUIDITY

2-year lockup; quarterly thereafter

Fees

No management fee; 50/50 profit split above the 12% preferred return

TAX REPORTING

K-1, REIT

RETIREMENT ACCOUNTS

Self-directed IRA / 401(k) accepted

PRIMARY GEOGRAPHY

Middle America / Midwest focus

HISTORICAL RETURN

20%+*

Past performance is not indicative of future results. Historical performance may reflect periods, portfolios or conditions that differ from the fund. Review the offering materials for the complete calculation and disclosures.

*20%+ net return to LPs in the fund's first 12 months (October 2025–October 2026). Returns vary by investment class and are not guaranteed to continue.

INVESTOR DILIGENCE

Move from the story to the documents.

Qualified investors can review the fund materials, underlying strategy, risk factors and subscription process in the secure investor data room.

Watch the 7-minute overview

Fund overview

STRATEGY

Private Placement Memorandum

OFFERING TERMS

Operating agreement

GOVERNANCE

Subscription documents

INVESTOR ONBOARDING

Performance and portfolio materials

DILIGENCE

Watch the 7-minute overview

THE VALHALLA INVESTOR EXPERIENCE

Institutional access. A human relationship.

Private-market investing should not mean investing into a black box. From the first conversation through ongoing reporting and distributions, Valhalla is designed to give investors clarity, access and control.

A clear path from interest to investment.

Explore independently or speak with a member of the Valhalla team. The process is designed to make each next step visible without forcing every investor through the same experience.

01

Explore the strategy

Review the Income Fund thesis, watch Erik’s overview and understand Valhalla’s role in the investment.

02

Talk to a human

Ask questions directly and discuss whether the strategy may fit your objectives. A conversation is available when helpful—not required to begin learning.

03

Review diligence

Qualified accredited investors receive secure access to offering documents, current terms, risks and supporting materials.

04

Complete subscription

Subscription documents and accredited-investor verification are completed through a secure electronic process.

05

Fund the investment

Accepted investors receive funding instructions and confirmation once their investment has been processed.

A clear path from interest to investment.

Explore independently or speak with a member of the Valhalla team. The process is designed to make each next step visible without forcing every investor through the same experience.

01

Secure investor portal

View investment information, documents, activity and distribution history in one place.

02

Monthly reporting

Access regular reporting intended to provide visibility into the fund and your investment.

03

Monthly communication

Receive Valhalla’s investor newsletter with fund commentary, relevant updates and educational perspective.

04

Distribute or compound

Elect to receive eligible monthly cash distributions or have them compounded according to the applicable fund terms.

05

Adjust your election

Request a change to your distribution election with 35 days’ notice, subject to the governing documents and administrative requirements.

06

Reach a real person

Questions do not disappear into a generic support queue. Investors can contact the Valhalla team directly.

NEXT STEP

Understand the strategy. Review the materials.
Decide deliberately.

Request secure access to the investor data room or schedule a conversation with the Valhalla team.