TARGET ACQUISITION • WESTERN U. S. MOUNTAIN SUBMARKET
A full government section featuring senior water rights and lake-adjacent positioning
Projected 5.00× equity multiple, approximately 28.8% gross IRR over an 8-year hold.
What These Metrics Mean
Acquisition Basis
How far below regional market the Fund acquired the property. Summit Lake enters at a meaningful discount to comparable mountain timber tracts.
Hold Horizon
Time from acquisition to exit, with phasing of active work. Years 2–7 build infrastructure; Years 5–7 stabilize parcels; Year 8 captures appreciation.
Infra / Land Ratio
Infrastructure spend divided by land cost. 1.10× means $1.10 of build for every $1 of land — balanced approach.
Aliquot Config
Subdivision pathway under MCA 76-3-104. Four equal quarter-sections divide without full subdivision review — faster, cheaper, more certain.
Attribution
Distinct sources of projected return. Five sources diversify the deal — no single source carries the whole result.
Buyer Pool
End-buyer channels for the stabilized parcels. Eight distinct acquirer types means the Fund sells to whichever channel is most active at exit.
Summit Lake is the foundational property in the LVAF acquisition pipeline—a full government section configured to support the four-quarter aliquot subdivision strategy at the core of the Fund's investment thesis. The property combines proximity to a regional alpine water feature, established access, senior water rights eligible for perfection under state procedure, and substantial carbon-eligible acreage. The acquisition basis supports the Fund's published institutional return profile, including the 5.00× equity multiple projected across the 8-year hold.
Summit Lake is among the Fund's identified acquisition targets. Specific geography, total acreage, and per-acre basis are disclosed only upon completion of the Manager's verification and NDA process. No binding acquisition instrument is executed.
TARGET ACQUISITION • WESTERN U. S. MOUNTAIN SUBMARKET
A full-section tract acquired at a materially lower basis than the Manager's prior comparable transactions
Projected 4.99× equity multiple, approximately 31.1% gross IRR over an 8-year hold.
What These Metrics Mean
Acquisition Basis
How far below regional market the Fund acquired the property. Western Meadows enters at a meaningful discount to comparable broad-acre tracts.
Hold Horizon
Time from acquisition to exit, with phasing of active work. Years 2–7 build infrastructure; Years 5–7 stabilize parcels; Year 8 captures appreciation.
Infra / Land Ratio
Infrastructure spend divided by land cost. 1.76× means $1.76 of build for every $1 of land — heavy value-creation.
Aliquot Config
Subdivision pathway under MCA 76-3-104. Four equal quarter-sections divide without full subdivision review — faster, cheaper, more certain.
Attribution
Distinct sources of projected return. Five sources diversify the deal — no single source carries the whole result.
Buyer Pool
End-buyer channels for the stabilized parcels. Eight distinct acquirer types means the Fund sells to whichever channel is most active at exit.
Western Meadows is the cleanest expression of the LVAF acquisition playbook to date. The property pairs the lowest per-acre entry basis in the Manager's pipeline with a strong feature stack: heavily forested terrain, mountain views, a meaningful natural water feature, level access at moderate elevation, and twelve-month accessibility. Adjacency includes federal land on one boundary and one of the largest private landowners in the United States on remaining boundaries—a configuration that qualifies the property for all eight buyer channels in the LVAF acquirer universe, from UHNW estate buyers to data center developers, ensuring competitive bidding rather than take-it-or-leave-it pricing at exit.
Western Meadows is among the Fund's identified acquisition targets. Specific geography, total acreage, and per-acre basis are disclosed only upon completion of the Manager's verification and NDA process. No binding acquisition instrument is executed.