An Evergreen Rental Housing Fund Built for Long-Term Value

StarRock Homes operates the Evergreen Rental Housing Fund, a private real estate investment vehicle designed to give accredited investors institutional-grade access to high-quality single-family and multifamily rental communities across high-growth Sun Belt markets. The fund is built around an open-end, evergreen structure that supports long-duration ownership, ongoing capital recycling and continued portfolio growth rather than a single end-of-fund liquidation.

The platform is intended for accredited investors seeking exposure to income-producing residential real estate with meaningful tax advantages. It targets cash-flowing acquisitions disciplined around current Net Operating Income, stabilized NOI, Debt Service Coverage Ratio, financing proceeds and total limited-partner return — rather than a cap-rate threshold alone. This underwriting philosophy is designed to protect investor capital across market cycles while capturing incremental upside from rent growth, appreciation and refinancing.

StarRock Homes LLC sponsors the fund and oversees sponsor strategy, capital formation, acquisitions, financial controls and legal structuring. The leadership team brings decades of experience spanning real estate development, institutional capital formation, tax and transaction advisory, brokerage and construction finance, and major commercial real estate legal work. Acquisitions are sourced in high-growth Sun Belt states selected for population and job growth, favorable migration trends and durable housing demand.

The fund's terms reflect a capital-preservation orientation: an 8% cumulative preferred return, an 80/20 profit allocation favoring investors, prudent target permanent leverage of 50–65% LTV after stabilization, and a sponsor commitment aligned with limited partners. Qualified investors are invited to request the offering memorandum and schedule a conversation with the StarRock team.