Private Credit Fund
New-Construction Lending
Florida keeps growing.
The housing can't keep up.
In-migration and a pro-business climate drive relentless demand for new homes — while new supply lags. The Gibraltar Growth Fund lends into that gap, backed by real estate.
The Model
Debt-secured instruments collateralized by new-construction projects — we lend to proven developers, with every dollar backed by real estate.
LPs commit capital to the fund.
Underwrites & deploys capital as secured loans.
≤70% LTV, backed by notes & mortgage deeds.
Residential builds across high-growth Florida.
Gibraltar Growth FundThe Investor Advantage
LPs can compound returns as the fund recycles capital across a growing pipeline — turning a preferred return into durable, accelerating growth.
The General Partner holds the largest position in the fund. Every decision is made as an owner — not a manager.
How the Fund Is Structured
Gibraltar Growth FundCategories, Timeframes & Return Targets
27-unit residential projects at roughly $300K per unit.
Entitled land at 70% LTV, secured by note & title; paper deals capped at $1M.
Vertical development with equity participation and a buyout in ≤5 years.
Gibraltar Growth FundWhat We Look For
Land for residential & mixed-use development, 0.25–50 acres. Zoned, or with a clear path to rezoning.
Core Central Florida growth corridors — Space Coast, Orlando Metro and surrounding submarkets with 3%+ annual population growth.
Target IRR of 14%–22%, supported by strong absorption rates and stable demand indicators.
Clear title & environmental, current surveys, minimal site work, public-utility access and entitlement documentation.
Gibraltar Growth FundBuilt to Protect Capital
A well-structured, repeatable strategy: secured positions, a diversified portfolio and a market with durable demand.
Advances of no more than 70% of appraised value — a 30% equity cushion on every position, backed by notes & mortgage deeds.
Exposure spread across asset types and across short-, mid- and long-term horizons.
A pro-business climate and strong in-migration keep housing demand high — making location itself a risk mitigator.
Smaller or larger parcels in strong locations · moderate entitlement work where municipal pathways are favorable · secondary FL markets with infrastructure readiness · short-term vertical deals with construction-funding discipline.
Proven Results
Gibraltar Growth FundA Team That Has Done This Before
With decades of combined experience in Central Florida real-estate development, the Gibraltar team has executed projects from land acquisition and entitlement through vertical construction. Deep local relationships and a proven ability to navigate municipal process give us a unique edge in sourcing, executing and maximizing returns.
- 25+ years in construction & development
- Built 2,000+ housing units
- Scaled Gibraltar from $300K to a $45M portfolio since 2017
- 20+ years of leadership & financial expertise
- MBA in finance & strategy · U.S. Coast Guard ship's captain
- Oversees capital deployment, performance & investor relations
Gibraltar Growth FundHorizon & Sunset
Gibraltar Growth FundLet's build on rock-solid ground.
We'd welcome the opportunity to walk you through the offering documents and answer your questions.
invest@gibraltarbuilders.com
gibraltarbuilders.com