Investor presentation · English version

Industrial residential platform
1,000 homes across 10 SPVs

A concise investor deck built from the operating forecast: holding-led funding, unit economics of one standard SPV, phased deployment, consolidated cash generation and investor return profile.

Holding funds 100% of SPVs$50M raised at holding levelTarget investor IRR: 18%
Overview

What the project delivers

Investment thesis

Build a scalable residential development platform able to launch 10 standardized SPVs, each dedicated to 100 homes, under a single capital structure and a single investor entry point.

Deal structure

Investors come into Urban City Devt. The holding carries debt, debt service and exit premium, then allocates capital directly into each SPV as operations are launched.

Operational objective

Deliver 1,000 homes with one repeatable housing product, detailed cost assumptions and a sales model that makes margins visible from the first SPV onward.

Investor promise

A single scalable vehicle whose consolidated cash inflows can fund growth, support debt service and sustain a target 18% investor IRR.

Key figures

The numbers that anchor the pitch

Program
1,000
homes delivered
Holding capital
$50M
global investor need
Per SPV allocation
$7M
capital deployed per SPV
Target IRR
18%
at holding level
Consolidated cash in
$346.9M

Aggregate cash inflows modeled from the 10 SPVs back to the holding.

Consolidated cash out
$79.1M

Includes SPV investments and central holding overhead.

Peak cumulative cash
$316.5M

After the global investor investment is factored into the model.

Structure

A simple architecture: the holding carries the capital structure

1

Investor entry

Investors fund Urban City Devt, which concentrates the equity, bank debt, corporate overhead and investor remuneration mechanics.

2

Progressive allocation

The holding injects capital directly into each SPV at approximately $7M per operation, following a phased launch schedule that limits simultaneous funding pressure.

3

Cash upstreaming

Each SPV sends operating cash back to the holding. The holding alone handles debt service, investor exit and recycling of proceeds into subsequent SPVs.

Strategic reading

The SPVs are operating engines, while the holding is the sole level of leverage and investor remuneration.

SPV economics

Unit economics of one 100-home SPV

Metric
Value
Meaning
Investor angle
Number of homes
100
Standard SPV volume
Repeatable operating format
Selling price per home
$415k
Core sales assumption
Simple and visible pricing logic
Total SPV costs
$29.96M
Construction + staff + external costs
Detailed cost base supports credibility
Total revenue
$41.5M
Aggregate SPV sales
Clear gross value creation
Operating profit
$11.54M
Before investor remuneration
Profitability is driven by operations
Final SPV cashflow
$18.54M
Net cash flowing back to holding
Strong cash conversion
Initial funding need
$7M
Capital allocated per SPV
Low capital intensity relative to cash output
Margin diagram

Visualizing value creation inside one SPV

Revenue bridge
$41.5M
Revenue
$29.96M
Total costs
=
$11.54M
Operating profit

The core pitch is that profitability is already created at SPV operating level before investor remuneration is layered at the holding.

Profitability ratio
27.8%profit margin
Operating profit equals roughly 27.8% of revenue.
Each $7M of initial SPV funding supports a cashflow output of $18.54M.
Operating cash logic

Why an SPV starts generating cash early

Production cadence

The build schedule runs over 16 quarters with progressive ramp-up and then a stable delivery rhythm. This avoids concentrating the full cash burden at one single point in time.

Sales rhythmQ+1: 40% · Q+2: 60%
Collection pattern

Buyers pay 20% deposit then 80% at closing. Suppliers are paid 30% upfront and 70% on delivery. That timing gap helps generate cash inflows before the SPV is fully completed.

Buyers
20% / 80%
Suppliers
30% / 70%
The SPV is not only attractive because of accounting profit; it is attractive because of its ability to generate interim cash inflows early enough to help fund the next operations.
Section 2

Value is created and monetized at holding level

The holding converts 10 distinct operating cashflows into one investment story: one balance sheet, one debt structure, one investor return plan and one scalable pipeline.

Holding economics

What investors actually finance through the holding

Controlled central cost base

  • • Annual fixed holding costs: $815k.
  • • External experts: $936k across the modeled horizon.
  • • Setup + legal & accounting: $265k.
  • • Costs are spread over time, which supports a credible multi‑SPV platform build-out.

Role of the holding

  • • Receive the $50M global investor capital.
  • • Allocate roughly $7M into each SPV on launch.
  • • Carry the 6% debt and the investor exit premium.
  • • Recycle cashflows from earlier SPVs into later SPVs.
Holding debt
$35M
Holding equity
$15M
Debt cost
6%
Deployment plan

Phased execution reduces peak funding pressure

Year 1
SPV 1–2
Year 2
SPV 3–4
Year 3
SPV 5–6
Year 4
SPV 7–8
Year 5
SPV 9–10

The model does not require all 10 SPVs to be funded at once. The program is paced so earlier SPV cashflows begin to support later launches, improving capital efficiency at platform level.

Total SPV investment
$77M
Lowest cumulative cashflow
-$37.6M
Lowest after raise
+$10.3M
Consolidated cash

A highly favorable cash profile after initial funding

Cumulative cash profile
Minimum before raise-$37.6M
Maximum before raise$266.5M
Maximum after raise$316.5M
Investor reading
  • • Funding need is front-loaded, then operating cash inflows take over.
  • • Once the $50M raise is included, cumulative cash remains positive throughout the model.
  • • Cash upstreamed by the SPVs creates a liquidity buffer for debt service, growth and exit.
Investor repayment plan

How investors are repaid through debt yield and equity upside

Repayment stack
$50M
Capital invested
$41.54M
Debt repayment
+
$29.08M
Equity exit value

At holding level, investors are repaid through a combination of debt service and equity exit value rather than through isolated SPV-level instruments.

What investors earn
  • $6.54M of total debt interest over the modeled debt term.
  • $14.08M of equity exit premium above the initial equity base.
  • • A target 18% IRR supported by one consolidated return mechanism.
  • • A single reporting and governance framework at holding level.
Why it matters

This framing makes the return case easier to present: investors are not underwriting ten separate capital structures, but one platform-level return plan backed by recurring operating cashflows.

Return profile

Making the investor return profile tangible

Capital invested
$50M
global ticket
Debt interest
$6.54M
over 5 years
Exit value
$29.08M
equity exit
Exit premium
$14.08M
value creation

The deck should position the opportunity not just as a real estate project, but as a platform-level distribution curve. Debt service and exit premium are both concentrated at the holding, while the SPVs operate as cash-producing assets underneath.

Investment case

Why this story can resonate with investors

1. Credible scalability

The model is based on one housing product, one pricing logic and one repeatable SPV format. This is not ten unrelated projects; it is one operating platform.

2. Controlled capital intensity

At roughly $7M per SPV for $18.54M of modeled final SPV cashflow, the platform shows strong operating leverage. Phasing reduces simultaneous capital needs.

3. Return clarity

Investor returns are concentrated in one vehicle. That simplifies governance, reporting, debt service and exit management.

4. Cash cushion

After the raise, cumulative cash remains positive. That gives room to absorb timing slippage, sales delays or moderate cost overruns.

Closing message

One vehicle to industrialize real estate value creation

The strongest investor angle is simple: a holding company that turns a standardized residential pipeline into consolidated cashflows, visible investor returns and a scalable platform story.

1,000 homes10 SPVs$50M raise18% target IRR