Volatility
96
S&P 500 trading days with ±1% moves in 2025, the most since 2022.
Source · Reuters · Federal Reserve FRED
Verified accredited investors only
A private real estate fund for verified accredited investors.
Target 10–12% annual preferred returns through a private real estate fund deploying into U.S. residential construction. Returns are not guaranteed.
- Targeted 10–12% annual preferred returns
- Monthly distributions expected where practicable
- $50,000 minimum investment
- Verified accredited investors only
Target returns
10.50% – 12.00%Annually*
Annual targeted preferred-return tiers are 10.50% on $50,000–$74,999, 10.75% on $75,000–$149,999, and 12.00% on $150,000 or more. Simple, noncompounding, not guaranteed. Distributions expected monthly where practicable.
*Available to verified accredited investors. Self-attestation on this website is not Rule 506(c) verification. Capital is at risk. Past performance does not predict future results.
Offering terms
Offering terms for verified accredited investors.
Builder’s Edge is the construction execution infrastructure powering Ascend. Operator metrics shown for context. Not Fund performance.
506(c)
Regulation D Offering
$50,000
Stated Minimum Investment
10.50% / 10.75% / 12.00%
Targeted Annual Preferred Return
Expected monthly
Distributions where practicable
3-year
Initial lockup
$10
Price per Series A Preferred Unit
Builder’s Edge operator metrics are shown for context and are not Fund performance. Targeted preferred returns are simple, noncompounding, and not guaranteed. Past performance does not guarantee future results. Any offer is made only by means of a confidential Private Placement Memorandum.
From the principals
A private real estate strategy built around discipline and transparency.
The Fund offers verified accredited investors passive exposure to residential development through an operator-led strategy. You invest in the Fund, not in any individual property. Operator experience is not Fund performance.
Fund-level exposure only
Operator-led residential development
Verified accredited investors
Offering documents govern terms
What’s happening in the market
Public markets and private real estate are different allocations.
Three forces are reshaping where private capital is being deployed in 2026: volatility, a structural luxury housing shortage, and accelerating wealth migration.
Alternatives
$24.4T
Global private markets AUM, projected to grow 9–11% annually through 2028.
Source · Preqin · 2025
Luxury resilience
+8.8%
Luxury single-family YoY price growth in 2025, nearly 3x the non-luxury market.
Source · Redfin Luxury Report 2025
Migration
$129B
Affluent household net worth migrating to FL, TX, TN, SC, a record reallocation.
Source · WSJ · IRS SOI
The investor’s dilemma
Two paths. Both flawed.
Affluent investors are forced to choose between paper assets they can’t control and direct property they don’t have time to operate.
Path 1 · Public Markets
Traditional investing
- Daily price swings driven by macro headlines
- No control over capital allocation
- Correlated drawdowns when you can least afford them
Path 2 · Direct Ownership
Buying property directly
- Tenants, turnover, and 2 AM phone calls
- Maintenance, taxes, capex
- Concentration risk in a single asset
There is a third option
Invest alongside 30-year operators in luxury residential, without being a landlord.
Why luxury residential
An operator-led approach to residential development.
01
Freddie Mac · NAR
Structural supply constraints
The U.S. is short 3.8M housing units, most acute in supply-constrained, high-income metros.
02
National Association of Realtors
Affluent buyer demand
All-cash purchases hit a 10-year high in 2025, 28% of existing-home sales, concentrated in luxury.
03
Zillow · Redfin
Premium market selection
The strategy focuses on high-income residential markets selected by the operator. That is not Fund performance and is not a prediction of appreciation.
04
Federal Reserve SCF
Demographic tailwinds
Buyers aged 45–64 control 51% of U.S. household wealth, and that share is still expanding.
Why now · The 2026 thesis
The next 36 months will reprice American luxury housing.
Falling rates, a structural inventory gap, and the largest intergenerational wealth transfer in history are converging.
1.6M
Existing homes for sale
650K+
HNW households relocating
$84T
Wealth transferring
−125 bps
Cumulative Fed cuts
Affluent migration trends
Wealth is moving, and it’s buying luxury homes.
- Florida & Texas now lead net AGI inflows for the fifth straight year.
- Tennessee & the Carolinas posted the highest YoY HNW growth in 2024.
- 73% of relocating HNW households purchased within 12 months.
Global private markets AUM has more than tripled since 2018. HNW allocations to private real estate are projected to keep compounding 9–11% annually through 2028.
Investment tiers
Two commitment tiers.
Targeted preferred return, not guaranteed.
Each tier shows a targeted annual preferred return that is simple and noncompounding. Distributions are expected monthly where practicable. Reserved for verified accredited investors.
Basic
10%
Targeted annual preferred return · simple, noncompounding, not guaranteed
$50,000 – $124,999
Premier
12%
Targeted annual preferred return · simple, noncompounding, not guaranteed
$125,000+
Residential development work
Illustrative operator work. Not Fund performance.
Investment Structure Notice: You are investing in the Fund issued by ACP Management Partners LLC, not in any individual property. These images are illustrative residential development associated with the operator. Project-level figures are not published. Returns are targeted, not guaranteed.
West Palm Beach, FL
Luxury Estate
Illustrative residential development in Florida. Not a direct property investment and not a verified Fund performance result.
Englewood, NJ
Private Estate
Illustrative residential development in New Jersey. Not a direct property investment and not a verified Fund performance result.
How it works
From qualification to ongoing reporting.
A structured path through document review, subscription, capital deployment, and ongoing investor reporting.
Qualify
Complete a preliminary accredited-investor self-attestation. That step is not Rule 506(c) verification.
Review
Review offering materials and fund documentation.
Subscribe
Complete subscription documents through the investor portal.
Deploy
If a subscription is accepted, capital is deployed under the offering documents. Website images are illustrative and are not Fund performance.
Report
Receive updates, reporting, and distributions expected monthly where practicable. Distributions are not guaranteed.
Operator-led capital deployment
Real estate investment discipline, backed by Builder’s Edge execution.
Christian Tirone
Managing Partner
Supports project execution, construction oversight, and field-level accountability across active deployments.
LinkedIn ↗
John Urchak
Development Partner
Leads investment strategy, capital relationships, and the operating discipline behind Ascend Capital Partners.
LinkedIn ↗Frequently asked
Investor questions, answered.
Bring anything we haven’t addressed to the call, Investor Relations walks through structure, terms, and risk in detail.
What qualifies me as an accredited investor?
An accredited investor meets SEC income, net worth, or professional credential thresholds. Checking a box on this website is not Rule 506(c) verification. Verification is a separate process before any investor is admitted.
What is the minimum investment?
The stated minimum investment is $50,000. Annual targeted preferred-return tiers are:
- $50,000–$74,999: 10.50%
- $75,000–$149,999: 10.75%
- $150,000 or more: 12.00%
Preferred return is calculated as simple interest and does not compound. Monthly distributions depend on available distributable cash and the Manager's determination that a distribution is prudent. Returns and distributions are not guaranteed. The current definitive offering documents control.
How are distributions paid?
The manager expects to make distributions monthly where practicable, subject to available cash, expenses, and manager prudence. Distributions are not guaranteed.
What am I investing in?
You are investing in the Fund issued by ACP Management Partners LLC and managed by Ascend Capital Partners LLC, not in any individual property. Illustrative project images are not Fund performance. Returns are targeted, not guaranteed.
Where can I review fund documents?
Offering documents are provided only through the approved investor process after preliminary qualification. Checking a website form is not accreditation verification. Any offer is made only by means of a confidential Private Placement Memorandum.
What is Builder’s Edge?
Builder’s Edge is the construction operator associated with the strategy. Operator metrics are not published on this page until substantiated in the claims register. Operator experience is not Fund performance. Past performance does not guarantee future results.
Ready to invest?
Speak with the Ascend team and review offering materials.
Schedule a conversation with the Ascend team to review the offering process, qualification steps, and documents. A call is not an offer and does not complete Rule 506(c) verification.
- Private call with the Ascend team
- Review of the offering process and documents
- Offering materials and deal-room access
- Subscription documents only if you choose to proceed