How we underwrite.
Operator-grade transparency. The process below is the same one we follow whether the capital partner is a family office, an RIA-aggregated fund, or an individual accredited investor.
Off-market parcel sourcing through legislative-fit screens (SB9, AB1033, SB79, SB1123) plus broker network in the Bay Area and Sacramento corridor. Every parcel passes a 9-factor density score before LOI.
Jurisdiction-specific entitlements memo: zoning, setbacks, FAR, parking relief, utility availability, fire access, and ministerial-pathway eligibility. Independent civil + architectural review before close.
Base / downside / stretch cases with explicit cost contingency (10–15%), hard-money carry stress, and exit cap sensitivity. Comp set requires ≥6 trailing-12-month transactions within 1 mile.
Silverback Capital provides the senior bridge in-house at 6.99% APR base, eliminating broker spread. Equity sits behind a 10% preferred return with 50/50 promote.
Single point of accountability: sponsor, capital, and construction coordination under one roof. Weekly variance reporting to LPs from close through certificate of occupancy.
Pre-marketed via broker network 90 days before CO. Backup refinance path modeled at close so timing risk is bounded.
Diligence requires accountability stacks.
- CapitalSilverback Capital · in-house private lender, $100K–$12M ticket
- LegalSecurities counsel (Reg D / 506(c)) · independent fund administration
- CivilLicensed civil engineering partners across San Jose, Sacramento, East Bay
- Title & escrowFirst American · Chicago Title rotating per jurisdiction
From signup to deal room access in one business day.
- 1Create an account at /auth and complete the accreditation form.
- 2Choose your verification basis: income, net worth, qualifying entity, FINRA license, or third-party verification letter.
- 3We review within one business day. Most approvals are same-day for license- and third-party-letter paths.
- 4Once approved, the full underwriting package and IOI submission unlock for the active offering.
Editable trust page. Content here is maintained by StrataX Development to answer recurring investor diligence questions. Not independent verification; not an offer of securities; offerings are made only through formal documents to verified accredited investors.