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PLC 3 — Diversified Real Estate Debt Fund

Multi-assetLendingSyndication
TIER S · 2 YEARS: 17.9%17.9%TIER S2 YEARSTIER A · 2 YEARS: 19.1%19.1%TIER A2 YEARSTIER B · 2 YEARS: 20.4%20.4%TIER B2 YEARSTIER C · 2 YEARS: 21.7%21.7%TIER C2 YEARS
Multi-assetLendingSyndication
TIER S · 2 YEARS: 17.9%17.9%TIER S2 YEARSTIER A · 2 YEARS: 19.1%19.1%TIER A2 YEARSTIER B · 2 YEARS: 20.4%20.4%TIER B2 YEARSTIER C · 2 YEARS: 21.7%21.7%TIER C2 YEARS
PLC 3 — Diversified Real Estate Debt Fund, Multi-asset property 1
PLC 3 — Diversified Real Estate Debt Fund, Multi-asset property 2
PLC 3 — Diversified Real Estate Debt Fund

by Property Llama Capital

Paid partner. This firm pays DealStack for added distribution and priority among equally matched opportunities. Payment does not change whether the opportunity fits your plan. See what partners pay

21.7%Target yield
$100KMin
2 yrsHold

The short version

Property Llama Capital is raising $50M for a closed-end real estate note. The minimum is $100K, distributions are monthly, and your money is locked up for 2 years. Its financials are unaudited.

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Meet the team behind it

A private deal is a bet on the people running it — who they are, what else they've done, and whether this deal looks like it.

Property Llama Capital Lead operator

Runs the deal day to day and owns the business plan.

Led by Richard McGirr

View firm

The loan book

The loans this fund holds with investors' money, as the firm reports them.

The full loan book isn’t available yet

It doesn’t yet say, for every loan the fund holds:

  • how much is lent out in total, and in how many loans
  • their average LTV
  • where they are, and whether any are late

Investment Options

ClassTarget yieldMinimum InvestmentInitial Lock-Up (Years)LP / GP Split
Class Tier S17.9% $100K 2 yrs 70/30
Class Tier A19.1% $200K 2 yrs 75/25
Class Tier B20.4% $500K 2 yrs 80/20
Class Tier C21.7% $1.0M 2 yrs 85/15

16 of 16 terms sourced.

How it’s taxed

What you file, and what you could owe, depends on the account you invest from.

The tax form you receive K-1
Potential income tax deduction Up to 20%
Does the deal use debt? Not available yet
Accepts IRA money Not available yet
Taxed as a REIT Not available yet
Tax inside an IRA Not available yet

General tax information, not tax advice. Your situation can differ: ask your tax adviser or your IRA custodian.

Does it fit your plan?

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PLC 3 — Diversified Real Estate Debt Fund

Property Llama Capital ›

Paid partner. This firm pays DealStack for added distribution and priority among equally matched opportunities. Payment does not change whether the opportunity fits your plan. See what partners pay

Multi-asset · Lending · Syndication

From their documents

Target 21.7%
Minimum $100K
Plan fit —

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