CoHaven Capital
Impact Fund II
A Regulation D 506(c) offering combining high-yield Impact Co-Living real estate with government-backed revenue streams and nonprofit partnerships.
Why Impact Co-Living Outperforms Traditional Co-Living
Traditional rent-by-the-room co-living operators compete for market-rate tenants in an increasingly crowded space. They face high turnover, marketing costs, and exposure to economic downturns that reduce occupancy and compress margins.
CoHaven Capital Impact Fund II takes a fundamentally different approach. By partnering with nonprofit organizations and leveraging government-backed revenue streams — including Medicaid HCBS waivers and HUD vouchers — we've built a model that achieves consistent>90% occupancy without competing for individual tenants.
The result is a recession-resistant portfolio that generates strong, predictable cash flow while creating measurable social impact in every community we serve.
Target Returns
Preferred Return (Current Pay, Non-Cumulative)
Net IRR (Projected)
Equity Multiple (Projected)
Residual Equity Split (LP/GP)
* Projected returns are estimates and not guaranteed. Past performance is not indicative of future results. All investments involve risk, including the possible loss of principal.
How Impact Fund II Works
Fund Size
$2M target raise through Regulation D 506(c) offering, available exclusively to accredited investors.
Asset Strategy
Acquisition and renovation of approximately 10 single-family properties converted to Impact Co-Living homes.
Debt Structure
2nd lien debt structure providing an additional layer of security for investor capital.
Hold Period
5-year investment horizon with quarterly distributions beginning in Month 5 of the fund lifecycle.
Revenue Model
Government-backed revenue streams including Medicaid HCBS waivers and HUD vouchers — not dependent on market-rate rents.
Distribution Waterfall
8% preferred return (current pay, non-cumulative) with a 55/45 residual equity split favoring limited partners.
Why Impact Co-Living Is Recession-Resistant
Government Checks Don't Bounce
Revenue backed by Medicaid HCBS waivers and HUD vouchers is not correlated with economic cycles. When market-rate rents decline, government-backed payments remain stable.
NPO Referral Pipelines
Nonprofit partnerships provide a consistent flow of qualified residents without the marketing costs and vacancy risk of individual tenant acquisition.
Counter-Cyclical Demand
During economic downturns, demand for transitional and supportive housing increases. The populations we serve need more housing when the economy contracts, not less.
Diversified Portfolio
Approximately 10 properties across multiple markets reduce concentration risk. Government-backed revenue diversifies income sources beyond any single tenant or lease.
The ROC CoOwner Program: Turning Renters Into Homeowners
Impact Fund II doesn't just generate returns — it creates homeowners. The ROC CoOwner program is a co-ownership pathway where three buyers purchase a home together as tenants in common. Each holds a recorded deed to their ownership interest. This is real ownership with real equity — not a lease, not a membership, not a promise.
For investors, this means a dual return: financial performance from the portfolio plus measurable social impact as families build generational wealth. Every property in the fund contributes to our goal of creating 10,000 homeowners and $3.86 billion in generational wealth.
Deed at Closing
Recorded general warranty deed at the closing table — real ownership from day one.
Build Equity Monthly
Monthly payments build real equity, unlike rent that builds a landlord's equity.
Community by Choice
Shared expenses, lower costs, and a co-ownership agreement — intentional community.
Path to Independence
Refinance, sell your interest at market value, or continue building wealth.
Dual Return Framework
Financial Returns
15–20% annual cash returns
30–40% total project ROI
Quarterly financial reporting
Impact Returns
New homeowners created per deal
Wealth gap closed per family
Generational trajectory shifted
Quarterly impact metrics alongside financials
"Wealth with Purpose: Investors are Partners, Not Passengers."
* Projected returns are estimates and not guaranteed. Past performance is not indicative of future results. All investments involve risk, including the possible loss of principal.
Request Investor Materials
Complete the form to receive the Impact Fund II offering documents and schedule a one-on-one call with our team.
This offering is available exclusively to accredited investors under Regulation D, Rule 506(c) of the Securities Act of 1933. Verification of accredited investor status is required prior to investment.
Important Disclosures: Securities offered by CoHaven Capital are offered pursuant to an exemption from registration under Regulation D, Rule 506(c) of the Securities Act of 1933, as amended. CoHaven Capital is not a registered broker-dealer and is not a member of FINRA or SIPC. This material is for informational purposes only and does not constitute an offer to sell or a solicitation of an offer to buy any securities. Any such offer will be made only by means of the Private Placement Memorandum. Projected returns, including the 8% preferred return, ~20.62% net IRR, and ~2.28x equity multiple, are estimates based on current assumptions and are not guaranteed. Past performance is not indicative of future results. All investments involve risk, including the possible loss of principal. This offering is available exclusively to accredited investors as defined under Rule 501 of Regulation D.