Roots Real Estate Investment Community I, LLC

Key economics

Preferred return

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Hurdle rate

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LP / GP split

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GP catch-up

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GP clawback

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GP commitment

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Diligence findings (14 · 4 high/critical)

• high
  DDQ gap: Does the fund engage an independent auditor?The offering documents don't answer a standard institutional DDQ question (Governance). An allocator will ask this directly — the GP should be ready with an answer.
• high
  DDQ gap: Does the fund have a GP clawback provision?The offering documents don't answer a standard institutional DDQ question (Economics). An allocator will ask this directly — the GP should be ready with an answer.
• high
  DDQ gap: What is the LP/GP carried-interest split above the preferred return?The offering documents don't answer a standard institutional DDQ question (Economics). An allocator will ask this directly — the GP should be ready with an answer.
• high
  DDQ gap: What is the preferred return (hurdle) rate offered to LPs?The offering documents don't answer a standard institutional DDQ question (Economics). An allocator will ask this directly — the GP should be ready with an answer.
• medium
  DDQ gap: Does the fund use a third-party fund administrator?The offering documents don't answer a standard institutional DDQ question (Governance). An allocator will ask this directly — the GP should be ready with an answer.
• medium
  DDQ gap: Is there a GP catch-up, and at what rate?The offering documents don't answer a standard institutional DDQ question (Economics). An allocator will ask this directly — the GP should be ready with an answer.
• medium
  DDQ gap: What distribution-waterfall structure does the fund use?The offering documents don't answer a standard institutional DDQ question (Structure). An allocator will ask this directly — the GP should be ready with an answer.
• medium
  DDQ gap: What is the GP's capital commitment (skin in the game)?The offering documents don't answer a standard institutional DDQ question (Economics). An allocator will ask this directly — the GP should be ready with an answer.
• medium
  Disposition Fee (3%) is taken above the waterfallA performance- or transaction-linked fee paid above the waterfall reaches the GP before the LP's distribution priorities run, eroding the pool the pref + return-of-capital draw from. Routine asset-management fees above the line are normal; a disposition/promote-flavored fee there is a leak worth pricing.
• medium
  Numeric inconsistency — $769,2578Garbled/malformed dollar figure for a declared distribution: '$769,2578' is not a well-formed number (extra digit / misplaced comma).
• medium
  Unfilled placeholder text — [_____], 2028Unfilled template blank in the substantive offering-term language: the offering end date reads '[_____], 2028' (appears on the cover summary and again in the body).
• low
  Document-quality defect — Dissolution list numbering (1), (2), (4)Broken/skipped list numbering in the dissolution triggers: the enumerated list jumps from (2) directly to (4), omitting item (3).
• low
  Numeric inconsistency — NAV announcement date (October 30 vs October 31, 2025)The same NAV-announcement deadline (for the NAV calculated as of September 30, 2025) is stated as 'prior to October 31, 2025' in the Summary but 'prior to October 30, 2025' in the Determination of Offering Price section.
• info
  Spelling / typo — Yield MainteneceMisspelling 'Maintenece' (for 'Maintenance') used repeatedly in the loan-schedule prepayment column, inconsistent with the correctly spelled 'Maintenance' rows in the same table.

DDQ readiness — 38% covered

5 answered · 0 partial · 8 gaps of 13 standard questions.