Terra Nova Evergreen Land Fund I
Invest passively in land development alongside Terra Nova. National homebuilders commit to buying the finished lots before we close on the land, so every project starts with a known buyer, a known price, and a known timeline.
Experience and track record figures per Terra Nova Land Development. Past performance does not guarantee future results. *Targets, not guarantees; you may lose principal.
America's largest homebuilders have gone "land-light." They want finished lots, not raw land sitting on their books. Terra Nova buys shovel-ready land, builds the roads and utilities, and sells the finished lots to a homebuilder who agreed to buy them before we ever closed. So a lot of the risk has been mitigated before we even start.
We target a 20% average annual return, with 10% paid as quarterly cash flow, backed by a team with a track record of outperforming traditional stocks over the long term.
As a passive investor, you get the returns of real estate development without the work. And unlike multifamily investing: no tenants, no toilets, no 2 a.m. phone calls, no property management for 5 years. Our team handles everything, and our own capital is in every deal, so we have skin in the game right alongside you.
Watch my short intro. I'll walk you through who we are, why I moved from multifamily to land development, how the Terra Nova Land Fund works, and what it looks like to be a member of the Terra Nova Investor Club. When you're ready, join the club or book a call with me directly. No pressure either way.
For educational purposes only. Not an offer to sell or a solicitation to buy any security. All investing involves risk, including possible loss of principal. Past performance does not guarantee future results. Any investment is made only through official offering documents. Consult your own financial, legal, and tax advisors before investing.
Most development deals find out who's buying at the end. We find out at the start.
A national or regional homebuilder agrees to purchase the finished lots before Terra Nova acquires the land.
Forward purchase agreements lock in what the builder pays for the lots and when they take them.
Builders put up non-refundable capital, typically 10 to 15% of project costs. If a builder walks away, the deposit stays in the project and Terra Nova brings in a new buyer.
Plus: land is only acquired when it's shovel-ready, so entitlement risk sits with the builder, not your capital. And Terra Nova manages construction in-house, with on-site project managers and drone monitoring on every project.
In multifamily, that never happens. In land development the way Terra Nova does it, that's where every project starts.
| Ground-up multifamily | Terra Nova land development | |
|---|---|---|
| The buyer or tenants | Found after construction, during lease-up | Committed before we close on the land |
| Operating risk | Ongoing: tenants, staff, repairs, turnover | None. No property to operate |
| Entitlement risk | Often carried by the developer | Land bought shovel-ready |
| Buyer capital in the deal | No | Non-refundable builder capital, typically 10 to 15% |
| Typical hold | 3 to 5+ years | 1 to 2 years |
A targeted 20% average annual return, delivered in two parts.
A targeted 10% annual preferred return, paid to you quarterly while your capital is invested.
When you exit, you receive your capital back plus the remainder of your return, bringing you to a targeted 20% annualized return.
Model a hypothetical investment at our target return. Illustrative only. Every project is different, and returns are never guaranteed.
A hypothetical illustration, not a projection of actual results.
Hypothetical and illustrative only, based on the fund's target returns. Not a guarantee, projection, or promise of results, and not an offer to sell or solicitation to buy any security. Real estate investments involve risk, including loss of principal. Consult your own financial, legal, and tax advisors.
* Stay in longer, keep earning. Individual projects typically run one to two years, but you choose how long your capital stays in the fund. As long as you're invested, you'll keep receiving your targeted 10% cash flow each year, paid quarterly, and you'll receive the rest of your targeted 20% annualized return whenever you exit.
A disciplined, six-stage approach, from sourcing the land to delivering finished lots.
We find shovel-ready land development opportunities through our network of homebuilders, brokers, and industry partners.
Data-driven market selection and institutional-grade underwriting, with every deal measured against strict return thresholds.
Terra Nova's acquisitions and construction leaders review every deal together before an offer goes out.
Forward purchase agreements and non-refundable builder capital are secured before we close on the land.
In-house construction management, on-site project managers, and drone monitoring help keep every project on schedule and on budget.
Finished lots are delivered to the homebuilder as agreed, and investors receive their capital back plus their return.
The buyer, price, and timing are locked in before we close, backed by non-refundable builder capital.
Most projects run one to two years. Your money isn't tied up for the better part of a decade.
A targeted 10% annual preferred return, paid quarterly while you're invested.
Terra Nova has met or exceeded projected investor returns on 100% of its projects, outperforming traditional stocks over the long term. That's performance you can trust.
High-growth markets including Texas, Florida, the Carolinas, Tennessee, and Kentucky, with projects from Florida to New Hampshire for national and regional homebuilders.
Shovel-ready land only, in-house construction management, and our own capital in every deal, right alongside yours.
"I've invested in apartments for years. Knowing the builder was locked in before closing gave me a comfort level I'd never had in a development deal."
"The project updates keep me in the loop without me lifting a finger. I always know exactly where my money is."
"Two years instead of five or seven. Getting my capital back that much sooner changed how I think about investing."
It starts with a conversation. No commitment.
Request info below. We'll set up a quick call to learn your goals and see if it's a fit.
You'll get the full offering documents: how the fund works, the projects, and the targeted returns.
If it's right for you, you invest, then receive quarterly cash flow and the rest of your return when you exit.
Get on the list and be first to hear about new land development opportunities. No pressure, no obligation, just a conversation.
For verified accredited investors. Not an offer to sell securities. Prefer to email? Eric@TerraNovaLD.com
