REAL ESTATE

What makes us different

Discipline

90% of deals are within unique
defined buy box- 10%
opportunistic

Focus on Value-Added
Deals

We don't avoid rehabs that need foundation work/expansions or projects that require utilities added. Additionally, we look for land deals to add new home(s).

Market Rent

All deals must have market rent that
would allow a conversion to rental.
Rent should cover or come close
to covering the debt service.

Focus on Traditional and
Non-Traditional FHA Product

Including manufactured homes at
lower price points. These price points
are materially less affected by the
current economic issues.

B and C Markets

Focus on B and C markets ( its where
the lower priced homes are located)

Reputation for Closing Deals

Acquisitions are highly relationship
based. When we commit, we close.
Acquisition team has more than 10,000
transactions behind them.

Leverage

Hard money leverage

8-10% interest

1-2 points

12-month terms with 6 months extension

Leverage increases cash on cash returns

Geography

California with focus on Riverside, San Bernardino, San Diego, Los Angeles and Ventura County

Expansion planed for the
central valley 2023/2024

Investor returns

Management team has over
10,000 real
estate transactions
by majority Fix / Flip

Focus on low-end price points reduces per
acquisition equity need
and minimizes resale
risks in volatile market

Returns are the most consistent and
strongest when compared of all
borrowers from a major hard money
lender

Strong cap
rates/rent multiples benefit
conversion if unit lags
on resale market

Investor returns are targets to be 15%
and historic numbers in a similar fund
and actual IRR are above that
expectation

Immediate horizon

FIX AND FLIP

Buying the lower end of California real estate. Buying to sell under FHA guidelines (562k for most counties) and in many cases being materially under that exit price. Large percentage of Manufactured homes on owned land.

LAND DEVELOPMENT

Opportunistically buying vacant land for MFG homes or adding ADU units to an existing homesite. Considered land development when entitlements are needed.

BUY AND HOLD

Converting flips to long term rentals. Most will be in excess of 8% caps with built in equity. By refinancing a flip with long term debt, we can recover the equity in the deal and hold these deals long term. We can also go back and add additional units/ADUs to the owned properties to increase portfolio cash flows.

Development Team

SVEN SJODIN

CEO - Investor Relations

Sven has been working in ground up construction at a very large scale for 30+ years. He has
personally overseen all Carlisle managed construction projects valued at over $30MM. He oversees
all cost control, budget and project management at Carlisle Properties.

TONY HERSHMAN

COO - Acquisitions Manager - Construction Management
Mr. Hershman completed his first real estate development project in 1979. He has spent more
than 35 years in real estate development including running one of the largest distressed property
funds in southern California. Tony underwrote, bought, managed and sold a portfolio with a current
value of over $750,000,000 and has completed over 10,000 transactions in his career. He has
worked extensively with investors, venture capital, equity investors and lenders. He has a diverse
knowledge of all types of commercial and residential real estate transactions and has held a California
real estate license for 25 years. Tony Hershman CA BRE#01352512
805-402-8644

DAVID SPANGLER

Investor Relations
Hailing from the Midwest, where contracts are one page and a handshake, David has customized that honest approach with personable, ever-sharpening business acumen to build a successful real estate career. Relocating to Los Angeles in 1997, he has served as a Realtor & Investment Consultant since 2002, solidifying a strong network of clients, developers and investors with sizeable liquidity and conducting traditional real estate transactions. Most recently, David helped manage the realty division for Strategic Acquisitions, Inc., a 40-year juggernaut of trustee sale buying and residential flipping in Los Angeles County. He was the lead listing and selling agent, personally responsible for nearly 500 escrow sales. With a Business Marketing degree from the University of Missouri-Columbia, David honed his skills in various capacities as a merchandise buyer, wine broker, catalog manager, A&R representative, and recording artist. As a professional musician, negotiating deals and record contracts were prime exposure for him at age 23. He now utilizes his valuable past experiences to the advantage of his clients today, and prides himself on being adaptable to all situations and personalities - which is essential to doing business in the Southern California area markets.


MICHAEL RODGERS

Investor Relations
Michael has 20 years of Operations and Management experience, where he has directly managed a wide variety of construction projects. Many of our clients will attest that Michael is a team player and understands the importance of getting results. Michaels's hands-on involvement induces overseeing virtually every facet of ongoing construction. as varied as onboarding and negotiations. Managing project timelines, schedules, compliance with building and safety codes, permitting training, and virtually anything related to day-to-day construction management.

Property opportunity

25805 Glenburn Ln,
Menifee, CA

Glenburn lane menifee carlisle properties

Property Type

SFR - 4.6 Acres

SQFT

1344

YEAR BUILT

1990

PRICE PER FOOT

$435.27

PURCHASE PRICE

$255,000

REHAB BUDGET

$65,000

SALE PRICE

$585,000

38875 Bailiff Rd,
Anza, CA 92539

38875-Bailiff-Rd-Anza-CA-92539

UNIT TYPE

SFR - 0.61 Acres

SQFT

1224

YEAR BUILT

1986

PRICE PER FOOT

$257.35

PURCHASE PRICE

$210,000

REHAB BUDGET

$40,000

SALE PRICE

$315,000

25623 Estrellas Ln,
Moreno Valley, CA 92551

25623-Estrellas-Ln-Moreno-Valley-CA-92551

UNIT TYPE

SFR - 0.17 Acres

SQFT

2227

YEAR BUILT

1985

PRICE PER FOOT

$253.70

PURCHASE PRICE

$445,000

REHAB BUDGET

$25,000

SALE PRICE

$565,000

28 Paso Robles,
Temecula, CA 92592

Carlisle Property rehab projects

Property Type

LND - 9.98 Acres

SQFT

NA

YEAR BUILT

NA

PRICE PER FOOT

NA

PURCHASE PRICE

$133,500

REHAB BUDGET

$45,000

SALE PRICE

$225,000

700 E Washington St #22,
Colton, CA 92324

700-E-Washington-St #22

UNIT TYPE

SFR - 0.09 Acres

SQFT

960

YEAR BUILT

1980

PRICE PER FOOT

$318.51

PURCHASE PRICE

$105,000

REHAB BUDGET

$60,000

SALE PRICE

$305,770

22308 Pine Dr,
Cedarpines Park, CA 92322

22308-Pine-Dr-Cedarpines-Park-CA-92322

UNIT TYPE

SFR - 0.22 Acres

SQFT

968

YEAR BUILT

1926

PRICE PER FOOT

$308.88

PURCHASE PRICE

$168,000

REHAB BUDGET

$30,000

SALE PRICE

$299,000

1462 W Metz Rd,
Perris, CA 92570

1462-W-Metz-Rd-Perris-CA-92570

Property Type

SFR - 0.58 Acres

SQFT

1152

YEAR BUILT

1984

PRICE PER FOOT

$247.40

PURCHASE PRICE

$235,000

REHAB BUDGET

$50,000

SALE PRICE

$285,000

27470 Greenwald Ave,
Perris, CA 92570

27470-Greenwald-Ave-Perris-CA-92570

UNIT TYPE

SFR - 0.86 Acres

SQFT

1440

YEAR BUILT

1982

PRICE PER FOOT

$247.40

PURCHASE PRICE

$295,000

REHAB BUDGET

$35,000

SALE PRICE

$343,000