Investing in Accessible Supportive Housing across Los Angeles
Fineline Capital LLC develops, leases, and operates specialized residential communities intended for individuals needing supportive care. Managed by SPG Builders LLC and Principal Io Sunwoo, the Company focuses on high-density infill sites utilizing Los Angeles Executive Directive 1 (ED1) and long-term operator master leases.
Class A Offering at a Glance
| Offering Target: | $500,000 Minimum to $7,000,000 Maximum |
| Unit Price: | $10,000 per Class A Unit |
| Minimum Investment: | $100,000 (10 Units), subject to Manager acceptance |
| Preferred Return: | 8.0% annual non-compounded preferred return from available cash flow |
| Waterfall Split: | 40% Class A / 60% Class B after preferred return; 80/20 at sale up to 15% IRR hurdle |
| Investor Eligibility: | Accredited Investors & up to 35 Sophisticated Non-Accredited Investors (Reg D 506(b)) |
Key Investment Links
Explore comprehensive details on our dedicated sub-pages:
- The Opportunity Page: Complete business model breakdown, ED1 regulatory details, and interactive waterfall calculator.
- Investor FAQ: Direct answers to 12 core investor questions regarding liquidity, tax reporting (Schedule K-1), and management background.
- Investor Teaser Document (PDF): Official 2-page overview available for download.
Regulatory Disclosure
This summary is qualified in its entirety by the Private Placement Memorandum dated February 24, 2026. Securities are unregistered and illiquid. Real estate investments involve substantial risk of loss.