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506(c) · Accredited Investors Only

Cascades at Marden

LP Deal Room

362-unit Class-A 55+ Active Adult ground-up development in Apopka, Florida (Orlando MSA). Presented by Albert Diodonet, General Partner.

0 Units Total Units
55+ Active Adult
0x Equity Multiple
0% Target IRR
$0M LP Equity Raise
~0yr Hold Period
Before You Dive In

What You'll Understand in the Next Few Minutes

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The Opportunity

A 362-unit Class-A 55+ Active Adult ground-up development in one of the fastest-growing markets in Florida — with zero Class-A competition and structural demographic tailwinds.

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The Business Plan

Ground-up development followed by stabilization, a cash-out refinance, and final institutional exit — with Meritage Homes funding horizontal work before LP capital is deployed.

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The Return Profile

Base case targets: 4.2x equity multiple, 33% IRR, ~65% average annual return over a ~5-year hold. Returns structured to prioritize full LP capital return before any GP distributions.

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The Sponsor Team

Trinity Development Partners (70+ combined years), Kaufman Lynn Construction (GMP, $1B+ bonding), and Colonial Oaks Senior Living (95%+ occupancy track record since 1977).

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The Risk Picture

Ground-up development carries construction, lease-up, refinance, and exit risks. Every risk is documented with LP concerns, team mitigations, and due diligence questions.

Your Next Step

Review the materials, schedule a call with Albert to ask your questions, then access the Cash Flow Portal to review the full offering package and subscription documents.

The Investment Case

Six Reasons This Deal Makes Sense

01

The Silver Tsunami

10,000 Baby Boomers turn 65 every single day through 2030. This demographic wave is already underway — not a projection.

10K/day through 2030
02

Critical Supply Gap

National undersupply of 55+ Active Adult housing is severe. The market cannot build fast enough to meet structural demand.

369K-unit national gap
03

Demographic Wealth

The target resident profile at Cascades at Marden is affluent, educated, and ready to downsize into premium amenities.

$95,703 median HHI
04

Apopka Market Anchors

Apopka is among the fastest-growing cities in Central Florida, anchored by the $1.2B Wyld Oaks mixed-use development and strong employment.

21% pop growth since 2020
05

Structurally De-risked Site

Meritage Homes funds $13.8M in horizontal site work before LP capital is called. The highest-risk construction phase is backstopped by a public homebuilder (NYSE: MTH).

Meritage funds horizontal
06

First Mover Advantage

There is zero Class-A 55+ Active Adult competition in Apopka. This is a clear, uncontested market with 1,746 qualified households within 5 miles.

Zero Class-A competition

Ready to talk numbers?

Schedule a Call with Albert →
Deal at a Glance

Executive Summary

Project Name
Cascades at Marden
Location
1250 Marden Rd, Apopka, FL — Orlando MSA
Asset Type
Class-A 55+ Active Adult — Ground-Up Development
Unit Count
362 Units: 148 × 1BR, 184 × 2BR, 30 × 3BR
Buildings
6 Five-Story Residential Buildings
Amenity Center
22,000 sqft · 3-Story · Full Active Adult Amenities
Business Plan
Ground-Up Development → Stabilize → Refinance → Exit
Hold Period
~5 Years: Q1 2026 Close → Q1 2030 Exit
LP Equity Raise
$6,500,000 · 32.5% LP Equity · $200K per 1%
Target Returns
4.2x EM · 33% IRR · ~65% Avg Annual
Total Capitalization
~$128M · C-PACE $50M + Preferred Equity + LP + Senior Debt
Offering Type
Reg D 506(c) · Accredited Investors Only · Min $100K
General Contractor
Kaufman Lynn · $1B+ Bonding · ENR SE Contractor of the Year
Property Manager
Colonial Oaks Senior Living · Est. 1977 · 95%+ Occupancy
Development Sponsor
Trinity Development Partners — Byrne, Shapansky, Wien LEED AP, Fay
Meritage Homes (NYSE: MTH)
Funds $13.8M Horizontal Work · Buys 184 Lots at $6.4M
Distribution Waterfall
LP investors receive full return of capital before any GP distributions — your money comes back first, before the General Partners receive a single dollar of profit.
Connect with the GP Team
Offering Documents

Everything You Need to Decide

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Pitch Deck

Full deal overview including market analysis, financial projections, team profiles, and investment thesis.

Download PDF →
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Proforma

Detailed financial model with development costs, revenue projections, waterfall analysis, and sensitivity scenarios.

View in Portal →
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Offering Memorandum

Complete legal offering document with all disclosures, risk factors, and investment terms per SEC Regulation D.

View in Portal →
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Operating Agreement

Full LLC Operating Agreement detailing LP/GP rights, the distribution waterfall, voting provisions, and transfer restrictions.

View in Portal →
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Wire Instructions

Verified wire instructions available exclusively through the secure Cash Flow Portal. Never wire from email instructions alone.

Access in Portal →
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Cash Flow Portal

Create your account, review all documents, sign your subscription agreement, and manage your investment in one secure place.

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Your Role as an LP

Passive Capital.
Active Returns.

  • You contribute capital, not time. There are no management responsibilities, no day-to-day decisions, and no calls for your operational input.

  • No personal liability beyond your investment. Your exposure is limited to the capital you contribute — nothing more.

  • Returns flow through two events — a Year 4–5 cash-out refinance expected to return a significant portion of LP capital, followed by the final exit sale delivering the full equity multiple.

  • You must be an accredited investor — defined as $200K+ annual income (or $300K+ joint), or $1M+ net worth excluding your primary residence.

  • Treat this as a 5-year illiquid commitment. There is no secondary market for LP interests. Capital should not be needed during the hold period.

LP Snapshot

Offering Type Reg D 506(c)
Minimum Investment $100,000
Cost per 1% Equity $200,000
Total LP Raise $6,500,000
LP Equity Ownership 32.5%
Target Equity Multiple 4.2x
Target IRR 33%
Avg Annual Return ~65%
Target Hold Period ~5 Years
Exit Cap Rate Base 6.0%
Investor Qualification Accredited Only
LP Return Priority LPs paid first — always
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The People Behind the Deal

GP & Sponsor Team

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Albert Diodonet

General Partner and Investor Relations

Experienced real estate General Partner with active roles in multifamily real estate syndications. Albert is the primary point of contact for all LP inquiries, capital coordination, and investor communications throughout the hold period. He ensures every LP has direct access, timely updates, and clear answers at every stage.

Schedule a Call with Albert →
DD

Diana Diodonet

General Partner
Investor Relations

Diana Diodonet serves as General Partner and Investor Relations, bringing 15+ years across real estate operations, financial auditing, and business leadership — including her work as CEO of a Christie's International Real Estate team and her foundation in financial analysis built at Ernst & Young. She oversees investor onboarding, document management, milestone communications, and reporting — ensuring the backend of this deal runs with precision so every LP has timely access to materials and answers at every stage of the hold.

Send an Email →
Kaufman Lynn Construction
General Contractor · $1B+ Bonding · ENR Southeast Contractor of the Year · Tunnel Form System
Colonial Oaks Senior Living
Property Manager · Founded 1977 · 9 Communities · 95%+ Occupancy Track Record
Meritage Homes (NYSE: MTH)
Horizontal Site Work Funding $13.8M · 184 Lot Purchase at $6.4M
Trinity Development Partners
Development Sponsor · Boca Raton, FL · 70+ Combined Years Experience
Run Your Numbers

Return Calculator

How much are you investing?

Projected Returns

Based on $100,000 investment

Total Projected Return
Net Profit
Equity Multiple
Target IRR
Avg Annual Return
Review Full Proforma in Portal →

Projected returns are based on base case underwriting assumptions and are not guarantees of performance. Actual results may differ materially. Consult your financial advisor before investing.

Ready to talk numbers?

Schedule a Call with Albert →

Base Case Assumptions

Exit Cap Rate6.0%
Equity Multiple4.2x
Target IRR33%
Hold Period~5 Years
Occupancy at Exit95%+
LP Equity Share32.5%

Exit Cap Rate Sensitivity

Cap Rate Avg Annual Multiple IRR

All projections based on base case underwriting. Returns are not guaranteed. Review the full proforma in the Cash Flow Portal for complete financial modeling.

Deal Milestones

Development Timeline

Q1 2026
Land Close
LP capital deployed. Legal close on the Apopka site. Meritage Homes has $425K hard with signed PSA and $13.8M wired to escrow at close.
Q2–Q4 2026
Horizontal Site Work — Meritage Homes
Meritage Homes funds $13.8M in horizontal development and purchases 184 lots for $6.4M. Site prepared and pads graded for vertical construction.
Q3 2027
Vertical Construction Begins — Kaufman Lynn
Breaks ground on 6 five-story buildings and 22,000 sqft amenity center using tunnel form system. Fixed-price GMP contract in place.
Q3 2027–Q4 2029
Phased Delivery & Lease-Up
Colonial Oaks pre-leasing begins 12 months before first delivery. Target 95%+ occupancy across all 362 units.
Year 4–5
Refinance at Stabilization Key Event
Cash-out refinance designed to return a significant portion of LP capital while retaining ownership. Modeled at 6.0% exit cap rate.
Year 5 · Q1 2030
Exit
Final disposition of stabilized asset. Likely REIT or institutional buyer. Base case: 4.2x equity multiple and 33% IRR.
Transparent Risk Analysis

Know the Risks Before You Decide

Investment Clarity

Why Informed LPs Choose This Deal

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Structural De-risking

Meritage Homes funds the horizontal phase entirely — removing the highest-risk construction period from LP exposure before a single dollar of investor capital is deployed.

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Proven Execution Partners

Kaufman Lynn, Colonial Oaks, and Meritage are independent operators — each contractually accountable for their scope. No single point of failure in the execution stack.

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Genuine Market Demand

Zero Class-A 55+ competition in Apopka. 1,746 qualified households within 5 miles. 10,000 Boomers turning 65 every day — a structural tailwind, not a trend.

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Conservative Base Case

The 6.0% exit cap rate is the most conservative scenario modeled. Current Orlando Class-A cap rates are running 4.9–5.1% — base case assumes meaningful expansion from today's market.

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Institutional-Grade Materials

Full offering package available in the Cash Flow Portal: Offering Memorandum, Operating Agreement, detailed proforma, and verified wire instructions.

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Transparent Fee Structure

Acquisition fee 3% of land. Property management 3.5% to Colonial Oaks. Asset management 1% of monthly collections. Zero disposition fee. Zero refinance fee. All returns are net of fees.

Common Questions

Frequently Asked Questions

Ready to talk numbers?

Schedule a Call with Albert →

Review the materials.
Ask better questions.

Decide with clarity.

This deal room exists so you can invest — or decline — with full information. No pressure. Only what you need to make a decision you feel confident about.

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Albert Diodonet

General Partner — Investor Relations

Questions before you commit? Albert is your direct line. No sales pressure — just straight answers.

Schedule a Call with Albert →
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Cash Flow Portal

Documents · Subscriptions · Wire Instructions

Create your account, review all offering documents, sign your subscription, and manage your investment in one secure place.

Access the Portal →