About The American Pride Fund

The Fund, established in 2023 by its Founders, operates under the management of American Pride Management LLC, an affiliate of the Sponsor wholly owned by the Founders. This management entity oversees the Fund’s investment focus: originating mortgage loans secured by first priority liens on real estate properties. It also has the flexibility to purchase performing Mortgage Loans, emphasizing short-term financing for non-owner occupied single and multifamily rental properties in select U.S. jurisdictions.

Initially, the Sponsor is responsible for originating these Mortgage Loans, but the Manager may, at its discretion, engage a different affiliate, the Fund itself, or a third-party originator for loan origination. Moreover, the Fund has the autonomy to acquire real estate directly for investment purposes, guided solely by the Manager’s discretion.

The Manager perceives the Fund as strategically positioned within the short-term mortgage loan market, offering medium- to high-single-digit returns that are uncorrelated with traditional investment sectors like stocks and bonds. The short-term nature of these loans minimizes exposure to real estate value fluctuations. Additionally, the Mortgage Loans are backed by real property, typically valued at 70% of the property’s after-repair value, ensuring a secured investment with transparency into each property and borrower, including inspection capabilities maintained by the Manager.