Our First Quarter Is in the Books
Eric and Joseph here with your first-ever quarterly update from Evergreen Capital. Thanks for being part of this from the start.
We launched Evergreen to do one thing well: deliver steady, strong returns backed by first-position real estate loans in markets we know. Q1 2026 is in the books, and we want to show you exactly how we did.
Why Evergreen, Why Now
Public markets have been a rollercoaster. Evergreen is built to be the opposite of that. You know what you’re earning. You know when it hits your account. And you know what’s backing it: a first-position mortgage on a single-family property in a market our team has operated in for years.
Less volatility than stocks. More predictable than almost anything else in a high-net-worth portfolio.
Stocks can outperform Evergreen in a good year. They can also lose a third of your money in a bad one. Evergreen pays 10% either way, backed by a first-position mortgage you can drive past. If you’re looking for a way to grow your portfolio with consistent income and less volatility than stocks and more upside than CDs, let’s talk.
Fund Snapshot (April 2026)
How We Lend
These aren’t random markets. We’ve operated in Cincinnati, Lexington, and Columbus, Georgia MSAs for years as Rapid Fire Home Buyers, and we still have boots on the ground in each location. That means we underwrite based on real comps, we know the neighborhoods block by block, and we see the renovations in person as they progress. Local knowledge is one of our advantages.
Recent Projects
PUTTING MONEY TO WORK
Capital Efficiency
One number we watch closely is capital deployment, which measures how much of the fund is actually out on the streets earning interest versus sitting in the bank. Idle capital doesn’t earn for the fund. Intelligently deployed capital does.
Here’s how Q1 played out: we started the quarter ramping up, and by mid-March, we hit 99% deployed and held that mark for the final two weeks of the quarter. This means nearly every available dollar was working for our investors.
On April 1, we admitted 4 new investors to the fund. That brought deployment to 71%, which is exactly what you want to see: fresh capital ready to go, with a clear path to put it to work. We already have loan applications in underwriting, and our deal flow is strong enough to deploy it quickly without sacrificing our standards.
The short version: We ran the fund at near-full efficiency through Q1, we opened the door for more capital, and we have the pipeline to keep that capital moving.
Looking Ahead
We’re heading into spring and summer with real momentum. Our Rapid Fire Home Buyers sales team is breaking records on new deal flow, which means more qualified loan opportunities for the fund. Capital is getting deployed quickly, and the borrower pipeline is the deepest it’s ever been.
Translation: We have an appetite for more capital, and we have a clear path to put it to work.
Two Ways to Get Involved This Quarter
Our next investor admittance is May 1.
If you've been thinking about Evergreen, or you're considering increasing your investment, now is the time to start the conversation. There's still room to get your questions answered, review the documents, and be ready for the May 1 close.
1. Let's talk before May 1.
If you've been watching from the sidelines, grab a 20-minute intro call and we'll walk you through how the fund works, what we're seeing in the market, and whether Evergreen fits where you want your capital working. No pressure. Just a conversation.
2. Know someone who should hear about this?
If you know someone who could benefit from steady, and strong returns backed by real estate, we'd love the introduction. Just connect us and we'll take it from there.
