My investments
Construction loan · Tacoma, WA · Debt
Harbor Point Mixed-Use
Two four-storey buildings: 96 apartments over 14,000 sq ft of ground-floor retail. Framing is complete on the north building.
$400,000Committed
80% funded
$320,000Contributed
5 fundings
$27,200Distributed
interest to date
$320,000Current balance
your share
12.0%Current yield
paid monthly
12.1%IRR to date
DPI 0.09x
01 — Closed Sep 2, 2025 · matures Sep 2, 2027
Details
- Status
- Active
- Structure
- Construction loan · Debt
- Rate
- 12.0% · paid monthly on the last day
- Closed
- Sep 2, 2025
- Matures
- Sep 2, 2027
- Next payout
- Oct 31, 2026 · $3,200.00 interest
- Sponsor
- Sound Harbor Development
- Exposure
- 68% loan to cost
- Profile
- Avery Family Trust
Current balance by quarter
02 — 12 distributions · 5 contributions
Transactions
$27,200.00 received
| Date | Investment | Type | Details | Period | Amount | Document |
|---|---|---|---|---|---|---|
| Sep 30, 2026 | Harbor Point Mixed-Use | Return on capital | Interest · Sep 2026 | Q3 2026 | $3,200.00 | Distribution notice |
| Aug 31, 2026 | Harbor Point Mixed-Use | Return on capital | Interest · Aug 2026 | Q3 2026 | $2,800.00 | Distribution notice |
| Jul 31, 2026 | Harbor Point Mixed-Use | Return on capital | Interest · Jul 2026 | Q3 2026 | $2,800.00 | Distribution notice |
| Jun 30, 2026 | Harbor Point Mixed-Use | Return on capital | Interest · Jun 2026 | Q2 2026 | $2,800.00 | Distribution notice |
| May 31, 2026 | Harbor Point Mixed-Use | Return on capital | Interest · May 2026 | Q2 2026 | $2,400.00 | Distribution notice |
| Apr 30, 2026 | Harbor Point Mixed-Use | Return on capital | Interest · Apr 2026 | Q2 2026 | $2,400.00 | Distribution notice |
| Mar 31, 2026 | Harbor Point Mixed-Use | Return on capital | Interest · Mar 2026 | Q1 2026 | $2,400.00 | Distribution notice |
| Feb 28, 2026 | Harbor Point Mixed-Use | Return on capital | Interest · Feb 2026 | Q1 2026 | $2,000.00 | Distribution notice |
| Jan 31, 2026 | Harbor Point Mixed-Use | Return on capital | Interest · Jan 2026 | Q1 2026 | $2,000.00 | Distribution notice |
| Dec 31, 2025 | Harbor Point Mixed-Use | Return on capital | Interest · Dec 2025 | Q4 2025 | $2,000.00 | Distribution notice |
| Nov 30, 2025 | Harbor Point Mixed-Use | Return on capital | Interest · Nov 2025 | Q4 2025 | $1,200.00 | Distribution notice |
| Oct 31, 2025 | Harbor Point Mixed-Use | Return on capital | Interest · Oct 2025 | Q4 2025 | $1,200.00 | Distribution notice |
Contributions$320,000 of $400,000 funded
| Date | Investment | Type | Details | Period | Amount | Document |
|---|---|---|---|---|---|---|
| Sep 15, 2026 | Harbor Point Mixed-Use | Capital call | Draw 4 · framing and envelope | Q3 2026 | ($40,000.00) | Draw request |
| Jun 10, 2026 | Harbor Point Mixed-Use | Capital call | Draw 3 · structure, north building | Q2 2026 | ($40,000.00) | Draw request |
| Mar 10, 2026 | Harbor Point Mixed-Use | Capital call | Draw 2 · structure, south building | Q1 2026 | ($40,000.00) | Draw request |
| Dec 10, 2025 | Harbor Point Mixed-Use | Capital call | Draw 1 · foundations and site work | Q4 2025 | ($80,000.00) | Draw request |
| Sep 2, 2025 | Harbor Point Mixed-Use | Capital call | Initial funding at closing | Q3 2025 | ($120,000.00) | Subscription agreement |
03 — $80,000 still to be called
Commitments
$320,000 funded$400,000 committed
| Funding | Date | Amount | Status |
|---|---|---|---|
| Initial funding at closing | Sep 2, 2025 | $120,000 | Funded |
| Draw 1 · foundations and site work | Dec 10, 2025 | $80,000 | Funded |
| Draw 2 · structure, south building | Mar 10, 2026 | $40,000 | Funded |
| Draw 3 · structure, north building | Jun 10, 2026 | $40,000 | Funded |
| Draw 4 · framing and envelope | Sep 15, 2026 | $40,000 | Funded |
| Draw 5 · interiors and finishes | Remaining | $80,000 | Unfunded |
| Total commitment | $400,000 |
04 — 6 for this position
Documents
| Document | Folder | Investment | Date | Pages | Download |
|---|---|---|---|---|---|
| Draw request 4 · Harbor Point Mixed-Use | Notice | Harbor Point Mixed-Use | Sep 15, 2026 | 2 · 96 KB | |
| Draw request 3 · Harbor Point Mixed-Use | Notice | Harbor Point Mixed-Use | Jun 10, 2026 | 2 · 94 KB | |
| Draw request 2 · Harbor Point Mixed-Use | Notice | Harbor Point Mixed-Use | Mar 10, 2026 | 2 · 92 KB | |
| Draw request 1 · Harbor Point Mixed-Use | Notice | Harbor Point Mixed-Use | Dec 10, 2025 | 2 · 90 KB | |
| Subscription agreement · Harbor Point Mixed-Use | Agreement | Harbor Point Mixed-Use | Sep 2, 2025 | 30 · 1.5 MB | |
| Construction loan agreement · Harbor Point Mixed-Use | Agreement | Harbor Point Mixed-Use | Sep 2, 2025 | 58 · 2.9 MB |
05 — Mixed-use
The asset
- Kind
- Mixed-use
- Address
- 1550 Dock Street, Tacoma, WA 98402
- Size
- 96 units · 14,000 sq ft retail
- Stage
- Under construction · draw 4 of 5
- Sponsor
- Sound Harbor Development
Two four-storey buildings: 96 apartments over 14,000 sq ft of ground-floor retail. Framing is complete on the north building.