A short-term alternative fixed-income investment fund that seeks to provide attractive risk-adjusted returns to its investors through low leveraged Real Estate debt.

​The Income fund invests in short-term bridge loans that carry a low weighted average loan-to-value ratio, possess high yields and short-terms of 1 – 3 years. Loans possessing these characteristics have historically provided a high-yield return to the investor.

Property Geographic Area Details

Western States

Investment Type

Mortgage Fund

Target Return

8% to 10.50% Annually

Minimum Investment

$100,000

Lien Position

Only 1st Liens

Average LTV for All Loans

65%

Average Loan Term

12 months

Property Types and Loan Types

Collateral Types

  • Residential Property
  • Commercial Property

Property Types

  • Residential Investment

Loan Types

  • Purchase
  • Refinance

Investor Types

  • Individual Accredited
  • Ultra High Net Worth Investor
  • Family Office

Preferred Return

7.5%

Leverage

Levered

Recapitalization

Most Loans Held in Portfolio

Commitment Term

4 months

Redemption Notice Period

30 days

Distributions Paid

Monthly

Inception Date

September 1, 2020

Assets Under Management

$85,000,000

Fund Term

Closed-End

Maximum Offering

$100,000,000

Management Fee

2%

Performance Split

80/20 over preferred return

Securities Exemption

Regulation D 506(c)

IRA Investment Option

Yes

Mortgage REIT

No

The JPL Income Fund (“The Income Fund”) is a short-term alternative fixed-income investment fund that seeks to provide attractive risk-adjusted returns to its investors through low leveraged Real Estate debt.

The Income Fund invests in short-term bridge loans that carry a low weighted average loan-to-value ratio, possess high yields and short terms of 1- 3 years. Loans possessing these characteristics have historically provided a secure high-yield return to the investor.

Jcap Private Lending, the Income Fund’s manager, believes the protective equity cushion provided by low Loan-to-Value ratios, the value of the secured property, and the legal characteristics of trust deed and mortgage secured loans in the fund’s portfolio, coupled with the fundamental strategies the manager employs to create a diversified pool of loans, will enable the Income Fund to preserve invested capital while earning an attractive risk-adjusted return on the investment.

Investments in the Income Fund are offered to accredited investors and registered with the SEC pursuant to a Private Placement Memorandum (“PPM”) in accordance with Regulation D, Rule 506(c) under the Securities Act of 1933, as amended. Please consult the PPM for more information on the Income Fund.

JPL Income Fund Details

  • Loan Pool: Performing Real Estate Loans
  • Loan Types: Refinance and Acquisition
  • Strategy: Purchase Short-Term, High Yield, Low Leveraged Real Estate Secured Loans
  • Offering Size: $100 million
  • Minimum Investment: $100,000
  • Fund Term: Close-Ended, 30 years
  • Lock Up: 4 months
  • Equity Member Return Paid Monthly:
    • 80/20 to investor
    • 7.5% Preferred Return
  • Management Fee: 2% of committed capital
  • Distributions: Monthly
  • Leverage: At the discretion of the Manager, leverage may be used to enhance fund returns

About Jcap Private Lending

Jcap Private Lending is a direct lender who closes and services investor funded short-term real estate loans. Jcap’s experienced team has been providing quality mortgage services for over 30 years. Jcap services over $80 million in short-term Real Estate loans. Historically, Jcap’s loans have yielded an average of 9.4%.

Executive Team

Bob Eakin, CEO
Bob Eakin started his career over 30 years ago in the real estate industry. He was named one of the Top 50 Mortgage Originators out of 750,000 loan officers in the USA. Bob contributes his success to an unprecedented dedication to people. Our services are secondary to our desire to enhance the lives of our investors and our clients.

Jason Harris, President
Jason Harris is the President of JCAP Private Lending where he is focused on key business initiatives such as origination, process workflow implementation, marketing and recruiting. Jason brings with him over 20 years of experience in real estate finance, development, brokerage and private lending. Throughout his career he has focused on building businesses and most recently served for five years as a member of the leadership team at Peerstreet, a leading Fintech company. During his tenure at PeerStreet he built and led multiple teams that were instrumental in recruiting and onboarding over 300 lender partners that generated over $3.5 billion of volume.


Footnotes: The performance projections/results set forth above are not the results of the Fund. Such results do not reflect the actual results of the Fund or the composition of its portfolio, and are presented for information purposes only. Net quarterly returns of Fund are net of all fees to the investor however: performance of individual investors may vary based upon differing management fee and carried interest arrangements, and the timing of contributions and withdrawals.

Disclaimer: Information contained herein is confidential, and any reproduction or other distribution of this material, in whole or in part, without the prior written consent of Ist Cast Opportunity Fund Opportunity Fund GP. LLC (the “General Partner”) is prohibited. Securities of the Fund are offered to selected investors only by means of a complete offering memorandum and related subscription materials which contain significant additional information about the terms of an investment in the Fund (such documents, the “Offering Documents”). The summary provided herein of the Fund’s terms and conditions does not purport to be complete and the Fund’s Offering Documents should be read in their entirety prior to an investment in the Fund.

An investment in any strategy, including the strategy described herein, involves a high degree of risk. All or a portion of your investment may be lost. There is no guarantee that the investment objective will be achieved. Pro forma performance results are for illustrative purposes only and are not necessarily indicative of performance that would have been actually achieved if an investment utilized the strategy during the relevant periods. nor are these simulations necessarily indicative of future performance of the strategy.

The information in this presentation was prepared by the General Partner and is believed by the General Partner to be reliable and has been obtained from public sources believed to be reliable. General Partner makes no representation as to the accuracy or completeness of such information. Opinions, estimates and projections in this presentation constitute the current judgment of the General Partner and are subject to change without notice.

JCAP Private Lending

714-656-3464

Office Locations

JCAP Private Lending
3151 Airway Avenue, Suite Q3, Costa Mesa, California, 92626
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