Private Debt Offering

THE DEAL

1531 Green Street, Philadelphia, PA 19130 — A structured debt investment with strong downside protection and predictable current income.

Investment Overview

STRUCTURED FOR CAPITAL PROTECTION

Black Wolf Capital is offering a $900,000 debt investment to support the acquisition of 1531 Green Street, with closing scheduled for June 11, 2026.

This investment is structured to provide investors with predictable current income, strong downside protection, and a clearly defined return of capital — without reliance on a sale, refinance, lease-up, or broader market conditions.

Repayment of principal and accrued interest is pre-identified and supported by project financing in place at closing. Capital is expected to be returned from construction loan proceeds (AIA draws), providing a defined and near-term path to return of capital.

KEY INVESTMENT TERMS

Investment Amount$900,000
Interest Rate14.0% per annum
Payment ScheduleQuarterly
Target IRR~15.9%
Term12 Months
Extension Option12-Month (0.5% fee)
Origination Fee1.5% at Closing
Closing DateJune 11, 2026

Security Structure

COLLATERAL & CREDIT SUPPORT

Promissory Note

Executed by Black Wolf Capital, LLC

Personal Guaranty

Provided by Damon Mascieri & RPH

Collateral Pledge

Secured by 1531 Green, LLC via Collateral Pledge Agreement

The investment is structured with multiple layers of protection: a first-position promissory note, a personal guaranty from the sponsor, and a collateral pledge agreement securing the borrowing entity. This multi-layered security structure is designed to protect investor capital throughout the project lifecycle.

Financial Projections

PROFORMA — 8 RESIDENTIAL UNITS

Post-renovation stabilized projections · Updated March 22, 2026

Unit Mix & Projected Rents

UnitSq FtMonthly Rent
Unit 1 — 1BR/1BA (1st Floor)759$2,995/mo
Unit 2 — 1BR/1BA (1st Floor)866$3,195/mo
Unit 3 — 2BR/1BA (1st Floor)995$3,895/mo
Unit 4 — 1BR/1BA (2nd Floor)759$2,995/mo
Unit 5 — 1BR/1BA (2nd Floor)866$3,195/mo
Unit 6 — 2BR/1BA (2nd Floor)995$3,895/mo
Unit 7 — 3BR/2BA (3rd Floor)1,656$5,995/mo
Unit 8 — 2BR/1BA (3rd Floor)992$3,895/mo
Commercial Storage Unit$1,800/mo
Storage Units (14 units)$3,710/mo
Total Monthly Revenue$36,274

Key Financials

Gross Scheduled Rental Income
$435,288/yr
Net Operating Income
$376,902/yr
ARV (As Stabilized)
$5,650,000
First Debt (Stabilized)
$3,950,000
LTV (Stabilized)
70%
Purchase Price
$1,250,000

Use of Proceeds

Land / Acquisition$575,000
Construction$2,965,000
Interest Reserve$300,000
Closing Costs$110,000
Total Loan Request$3,950,000

Property Highlights

PRIME FAIRMOUNT LOCATION

9,600 sq ft building on a 36 × 101 ft lot
9 total units: 8 residential + 1 commercial storage
14 additional storage units at $265/month each
Historic 1920 construction — one of the best residential streets in Philadelphia
RM1 zoning — 75% of lot coverage
10-Year Tax Abatement (2026)
Avg $3.83/sq ft rental rate — competitive with market
Courtyard and roof deck amenities included in all units

READY TO REVIEW THE DOCUMENTS?

Download the full investment package or contact Damon directly to discuss the opportunity.