Eastern Shores Capital sources, underwrites, and syndicates carefully selected real estate opportunities — each structured as its own LLC with full transparency from first capital call to final distribution.
Multi-Family Residential
Commercial Retail
Value-Add Acquisitions
Single-Purpose LLC Structure
Senior LP Priority
Milestone-Based Capital Calls
Self-Brokered Exits
South Florida · Miami-Dade
Multi-Family Residential
Commercial Retail
Value-Add Acquisitions
Single-Purpose LLC Structure
Senior LP Priority
Milestone-Based Capital Calls
Self-Brokered Exits
South Florida · Miami-Dade
The Process
Simple. Transparent. Structured to Protect You.
01
We Source the Deal
We identify opportunities through MLS, Crexi, and off-market channels — underwriting thoroughly before presenting any offering to investors.
02
Review & Commit
Browse the deal room, review financials and projections, then commit. The first investor earns Senior LP status — priority in distributions.
03
LLC Formation & LP Status
Each project forms its own LLC. You hold a Limited Partner interest — no management obligations, no personal liability beyond your investment. As an LP, you receive a K-1 reflecting your share of depreciation, passive losses, and real estate income — positioning you to qualify for real estate professional tax benefits.
04
Track, Earn & Deduct
Monitor ownership percentage, milestone progress, expenses, and distributions in real time. At year-end, receive your K-1 showing depreciation pass-through, passive loss deductions, and real estate income — all reportable against your personal tax liability.
Active Pipeline
Current Deal Flow
A curated look at what's moving through our pipeline — with full transparency inside the portal.
Active Pipeline
Sourcing
Under LOI
Diligence
Offered
Deals move through our pipeline before being offered to LPs
YOUR INVESTOR PORTALAlways live
OVERVIEW
CAPITAL
DOCS
BUILD
📊
Capital Structure — ownership %, waterfall, distributions
📄
Document Vault — PPM, subscription, OA, K-1s
🏗
Construction Tracker — milestones, budget, photos
💰
Distributions — payments, IRR, K-1 delivery
Know Where Every Dollar Goes
ON TRACK
Budget
$375K
Deployed
$127K
Progress
34%
Your Share
$23.7K
Foundation
✓ Complete
Framing
● In Progress
Electrical
○ Upcoming
LIVE DEAL ROOMACTIVE
Wellington Apartments
Multi-Family · Value-Add · West Palm Beach
IRR
22%
Multiple
1.8×
Pref
8%
Raise Progress60%
DEAL ACTIVITYLive
📍
Site visit completed · Lantana, FL
Today
📄
LOI drafted · Under internal review
Yesterday
🔍
Zoning confirmed · Palm Beach County
3 days ago
📞
Seller call · Terms discussed
5 days ago
🗂
Property added to pipeline
1 week ago
As an Eastern Shores LP, you get full access to everything — every deal, every update, every milestone. No waiting on quarterly letters. Your portal is always live.
Our Markets
South Florida Focus
We concentrate on high-growth submarkets across South Florida — from Palm Beach County down through Broward and Miami-Dade — where population inflow, limited land supply, and rental demand create asymmetric upside for disciplined operators.
Primary
Palm Beach
Luxury waterfront, high-net-worth rental demand, boutique commercial, and premier residential repositioning.
Primary
West Palm Beach
Rapid downtown growth, value-add multifamily, mixed-use infill, and workforce housing near the Brightline corridor.
Miami
Urban core value-add multifamily, mixed-use conversions, and infill development.
Fort Lauderdale
Coastal workforce housing, small commercial retail, and 1031 exchange repositioning.
Hollywood
Emerging neighborhoods with rapid appreciation, walkable downtown, and waterfront potential.
Homestead
Affordable housing corridor with strong rental demand and below-market entry prices.
Deal Criteria
$200K–$2M total project cost · Value-add or ground-up · 12–24 month hold · 15%+ target IRR · Single-purpose LLC structure
Two Ways to Invest
Invest With Cash. Or Invest With Your Credit.
Eastern Shores Capital offers two LP structures depending on your financial strategy. Whether you prefer to deploy cash or leverage your credit to guarantee project financing — both tracks give you the same LP protections, K-1 tax reporting, and pro-rata ownership.
High cash-flow investors often prefer the Debt Guarantor track — use cheap debt today, capture the interest deduction, depreciation, and passive losses against your income.
Track 01
Cash Investor
Wire your investment directly into the project LLC. Your LP ownership is proportional to your capital contribution. Receive an 8% preferred return annually before any GP promote, then 40% of remaining profits pro-rata.
✓ 8% preferred return
✓ 40% LP profit share above pref
✓ Depreciation pass-through on K-1
✓ Passive loss deductions
✓ No management obligations
Tax Optimized
Track 02
Debt Guarantor
Personally guarantee a portion of project financing instead of wiring cash. Your LP ownership is proportional to your guarantee amount. The debt sits on the property — you capture the interest deduction, depreciation, and passive losses on your personal return.
✓ Ownership based on guarantee amount
✓ Interest deduction pass-through
✓ Depreciation & passive losses on K-1
✓ Real estate professional status support
✓ Minimum cash required — proportional down payment only
LP Advisory Program
An Advisory Role With Every Investment
Every LP in an Eastern Shores Capital deal LLC is designated an official advisory role — a documented position tied to the project that supports your real estate professional hour logging, material participation tracking, and tax strategy.
These are real roles with real activities — site walkthroughs, acquisition review calls, asset performance reports. You choose the role that fits your background. We do the work. You earn the designation.
Why This Matters
REP Status750+ hours of real estate activity annually can unlock Real Estate Professional status — converting passive losses into active deductions against ordinary income.
Material ParticipationA documented advisory role strengthens your position that you materially participated in the LLC's activities — critical for passive loss treatment.
K-1 DocumentationYour role designation is noted in the LLC operating agreement and reflected on your K-1 at year-end.
Advisory roles carry no voting rights, no management authority, and no ability to direct or remove the General Partner. All operations and decisions remain solely with Eastern Shores Capital (Arbusman LLC DBA Eastern Shores Capital).
Role 01
Construction Oversight Advisor
Review construction phase reports, attend optional site walkthroughs, and provide feedback on build progress. Ideal for LPs with a construction or engineering background.
Qualifying activities: site visits · phase report review · contractor Q&A calls
Role 02
Acquisition Research Analyst
Review deal underwriting packages, comparable market data, and acquisition thesis documents prior to LLC formation. Ideal for LPs with finance or investment analysis backgrounds.
Qualifying activities: underwriting review · comp analysis · acquisition calls
Role 03
Asset Management Liaison
Review monthly asset performance reports, budget vs. actual tracking, and participate in investor update calls. Ideal for LPs with asset management or operations backgrounds.
Review property management decisions, vendor selection reports, and operational expense summaries. Ideal for LPs with property management or hospitality backgrounds.
Clean separation of risk. Your investment stays in a single-purpose vehicle with defined ownership percentages, a clear waterfall, and full expense transparency.
General Partner
Eastern Shores Capital
20% equity · 60% of profits above pref
Project LLC · Single-Purpose Vehicle
Senior LP
1st Investor
LP 2
Pro-rata
LP 3+
Pro-rata
First investor to commit earns Senior LP status — priority in the distribution waterfall
LP ownership percentage is proportional to capital contributed — no hidden dilution
Preferred return of 8% per annum paid to LPs before any GP promote is earned
Profits above the preferred return split 60% GP / 40% LP
If funding target is not reached, 100% of committed capital is returned
Each LLC maintains its own dedicated bank account and credit card
Full expense reporting and distribution tracking in the investor portal
Each LLC is legally separate — one project's outcome never affects another
LP interests are non-managing — investors hold no voting rights, no authority over project decisions, and no ability to remove or replace the General Partner
All operational, financial, and strategic decisions are made solely by Eastern Shores Capital as General Partner
LP Perks
LP Advisory Roles
Every Eastern Shores Capital LP receives a nominal advisory designation. These titles provide a legitimate, documented basis for logging real estate professional hours under IRS guidelines — supporting REP status and passive loss deductions.
🏗️
Construction Oversight Advisor
Review phase completions, site reports, and build progress updates. Attend virtual walkthroughs and review subcontractor selections.
Best for: Active builders
🔍
Acquisition Research Analyst
Review deal underwriting, comp analysis, and market research. Participate in acquisition calls and review LOIs and purchase contracts.
Best for: Analytical investors
📊
Asset Management Liaison
Review monthly financials, distributions, and K-1 reporting. Attend investor update calls and review portfolio performance.
Best for: Finance-focused LPs
🏢
Property Operations Consultant
Review operational budgets, vendor contracts, and maintenance reports. Provide input on property management and insurance decisions.
Best for: Operations-minded LPs
Important Disclosure
All LP advisory roles are nominal designations only. They carry no voting rights, management authority, or ability to direct operations. All decisions are made solely by Eastern Shores Capital as General Partner. Consult your tax advisor regarding IRS real estate professional status requirements.
1031
Sell Smart Buy Smart 1031™
Sell Smart. Buy Smart.
Most investors sell a property and scramble to find a replacement — overpaying just to meet the IRS deadline. With Eastern Shores Capital, your next investment is already lined up. Roll your proceeds into a professionally managed real estate asset, on time, at the right price.
Our proprietary Sell Smart Buy Smart 1031™ framework combines deal pipeline pre-positioning, accelerated QI coordination, and structured LLC sequencing to eliminate the panic that plagues traditional exchanges. We don't just help you meet the deadline — we engineer the timeline so the replacement property is underwritten, structured, and waiting before your sale even closes.
The Problem
You sell a property. The clock starts. You have 45 days to identify a replacement and 180 days to close — or you owe full capital gains tax. Under pressure, investors buy overpriced properties just to meet the deadline. The tax savings get eaten by a bad deal.
The Sell Smart Buy Smart™ Advantage
Through our proprietary pipeline-first approach, Eastern Shores Capital pre-identifies and structures replacement properties before you even sell. Our accelerated QI coordination and LLC sequencing methodology means your proceeds flow directly into a vetted, professionally managed asset — no scramble, no overpaying, no missed deadlines.
45
Days to Identify
Name up to 3 replacement properties within 45 calendar days of your sale
180
Days to Close
Complete the purchase of the replacement property within 180 calendar days
0%
Capital Gains Tax*
Defer 100% of capital gains when you exchange into like-kind real estate
∞
Repeat Indefinitely
Chain exchanges deal to deal — defer gains for your entire investing career
How a 1031 Works with ESC
01
Sell Your Property
Close on the sale of your existing property. Proceeds go directly to a Qualified Intermediary — they never touch your hands, which is required by the IRS.
02
Identify an ESC Deal
Within 45 days, formally identify an Eastern Shores Capital deal as your replacement property. We'll have the paperwork ready and the LLC structured for your timeline.
03
QI Transfers Funds
The Qualified Intermediary sends your exchange funds directly to the ESC project LLC within the 180-day window. Clean transfer, no tax event.
04
Invest & Defer
You're now an LP in a professionally managed real estate deal. Capital gains deferred. When this deal sells, exchange again into the next one — and keep deferring.
*A 1031 exchange defers capital gains tax — it does not eliminate it. If you eventually sell without exchanging, deferred gains become taxable. This is general information only and does not constitute tax, legal, or financial advice. Consult a qualified CPA or tax attorney before pursuing a 1031 exchange. Eastern Shores Capital does not provide tax advice.
ESC
Get Started
Ready to Invest Alongside Eastern Shores Capital?
Create your investor account to access the full deal room, document vault, and construction progress tracking.
The Process
Simple. Transparent. Structured to Protect You.
01
We Source the Deal
We identify opportunities through MLS, Crexi, and off-market channels — underwriting thoroughly before presenting any offering to investors.
02
Review & Commit
Browse the deal room, review financials and projections, then commit. The first investor earns Senior LP status — priority in distributions.
03
LLC Formation & LP Status
Each project forms its own LLC. You hold a Limited Partner interest — no management obligations, no personal liability beyond your investment. As an LP, you receive a K-1 reflecting your share of depreciation, passive losses, and real estate income.
04
Track, Earn & Deduct
Monitor ownership percentage, milestone progress, expenses, and distributions in real time. At year-end, receive your K-1 showing depreciation pass-through, passive loss deductions, and real estate income.
Deal Room
Current Offerings
Browse active deals available for investment. Click any deal for full details.
Deal Architecture
Every Deal is Its Own LLC
Clean separation of risk. Your investment stays in a single-purpose vehicle with defined ownership percentages, a clear waterfall, and full expense transparency.
General Partner
Eastern Shores Capital
20% equity · 60% of profits above pref
Project LLC · Single-Purpose Vehicle
Senior LP
1st Investor
LP 2
Pro-rata
LP 3+
Pro-rata
First investor to commit earns Senior LP status — priority in the distribution waterfall
LP ownership percentage is proportional to capital contributed — no hidden dilution
Preferred return of 8% per annum paid to LPs before any GP promote is earned
Profits above the preferred return split 60% GP / 40% LP
If funding target is not reached, 100% of committed capital is returned
Each LLC maintains its own dedicated bank account and credit card
Full expense reporting and distribution tracking in the investor portal
Each LLC is legally separate — one project's outcome never affects another
Welcome back
Overview
Capital Structure
Document Vault
Construction
Underwriting
1031 Exchange
Total Invested
—
Across all LLCs
Active Projects
—
Live in portfolio
Open Capital Calls
—
Awaiting payment
Total Distributions
$0
Paid to date
Your Advisory Role
—
—
—
LP Advisory
Keep a personal log of time spent on advisory activities — site visits, report reviews, calls with ESC. This documentation supports your real estate professional hour tracking and material participation position at year-end. Consult your tax advisor regarding applicability to your situation.
Sell Smart Buy Smart 1031™
Selling a property? Our proprietary 1031 framework defers capital gains and rolls you into your next ESC deal — seamlessly.
45 days to identify · 180 days to close · We engineer the timeline
Learn More →
Investment Summary
Your committed and deployed capital across all deals
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Deal Allocation
Your capital by project
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Your Investment Pledge
Non-binding commitment — tells us how much capital you'd like to deploy when deals go live.
Pledged
Your Pledge Amount
—
Status
Active
Pledged On
—
This is a non-binding expression of interest. No capital will be called until a deal is formally presented and you sign a subscription agreement.
Your Deals
Distribution History
Sample Preview
Deal
Type
Amount
Date
Status
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Returns Tracker
Deal / LLC
Invested
Target IRR
Pref. Return
Hold Period
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Capital Structure
Each deal is funded in structured stages — from initial security deposit through final marketing. Every call is tied to a specific milestone and tracked here in real time.
Target Raise
—
Initial Deposit
—
Call 1 · Earnest money
Total Funded
—
Capital Calls
—
Distribution Waterfall
How proceeds are distributed at exit — in strict order of priority
Step 1 · First Priority
Return of Capital
100% of invested capital returned to all LPs before any profits are distributed
LPs First
→
Step 2 · Second Priority
8% Preferred Return
Cumulative 8% annual preferred return paid to LPs before GP earns any promote
LPs Second
→
Step 3 · Remaining Profits
60 / 40 Split
Remaining profits split 60% GP promote to Eastern Shores Capital, 40% to LPs pro-rata
40% LP · 60% GP
Senior LP advantage: The first investor to commit receives Senior LP status — priority positioning within the LP class for both return of capital and preferred return distributions. All LPs receive an 8% preferred return before any GP promote. Profits above the preferred return are split 60% to the GP and 40% to LPs pro-rata. LP interests are strictly non-managing — no voting rights, no management authority, and no ability to remove or replace the General Partner. All decisions rest solely with Eastern Shores Capital.
Tax Return Upload
Required for Debt Guarantor LPs. Your documents are encrypted and visible only to Eastern Shores Capital.
No documents uploaded yet.
PDF only · Most recent 2 years recommended
Your LP Tax Advantages
As a Limited Partner, you receive a K-1 at year-end reflecting the following
Real Estate Professional
REP Status Support
Your LP interest in each LLC is a qualifying real estate activity. Combined with 750+ hours of real estate activity, your losses become fully deductible against ordinary income.
Passive Loss Deductions
Offset Your Income
Depreciation and operating losses flow through to your K-1. These passive losses can offset passive income from other investments, reducing your overall tax burden.
Depreciation Pass-Through
Non-Cash Deductions
Each LLC depreciates the property over time. Your pro-rata share of that depreciation passes through directly on your K-1 — a non-cash deduction that shelters real cash returns.
Raise Progress
Total funded vs. target raise
Capital Stack
Bank Loan—
Down Payment (Debt Guarantors)—
Construction / Rehab (Cash Investors)—
Total LP Raise—
$0 raisedTarget: —
0% funded·Select a deal above
Call Purpose
Amount
% of Total
Progress
Status
1
Earnest Money Deposit
Due at contract execution
$25,000
5% of total
$25,000 received
received
2
Acquisition & Closing Costs
Due at closing
$175,000
35% of total
Awaiting payment
pending
3
Renovation — Phase 1
Structural & systems
$150,000
30% of total
Not yet issued
scheduled
4
Renovation — Phase 2 & Lease-up
Finishes & marketing
$150,000
30% of total
Not yet issued
scheduled
Sample capital call schedule — your actual calls will appear here once issued by Eastern Shores Capital.
🔒
Secure Document Vault
This vault contains sensitive documents including tax returns and K-1s. For your security, we require identity verification each session before granting access.
A 6-digit code will be sent to your registered email address.
Review and sign these agreements to proceed with your investments.
Signed Agreements
Guarantee Document Checklist
Required documents for Debt Guarantor LPs — upload each below
0 of 4 complete
Document Vault
Every document in your investor journey — from onboarding through K-1s. Locked slots show what's coming next; unlocked ones contain the actual files. Everything is tied to your specific deal's LLC.
📁
All Slots
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🚀
Onboarding
0 / 0
📋
Pre-Commitment
0 / 0
🏢
Post-Commitment
0 / 0
🏗️
Active Deal
0 / 0
🏠
Closing
0 / 0
📊
Tax
0 / 0
📂
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Construction Progress
Track every phase of your project from demo through punch list. Updated in real time as milestones are completed.
Overall Progress
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Current Phase
—
Phases Complete
—
Est. Completion
—
Phase Timeline
Visual schedule — each bar represents a construction phase
Budget vs. Spent
Per phase budget tracking
Property Underwriting Calculator
Run your own numbers on any property. Enter costs below and see IRR, profit margin, equity multiple, and LP return projections in real time.
Purchase Price
$
After Repair Value (ARV)
$
🏘️ Income (NOI)
$0
🤝 Acquisition Costs
$0
📋 Soft Costs
$0
🏗️ Hard Costs (Construction)
$0
💳 Financing & Contingency
$0
Deal Metrics
—
Projected IRR
—
Equity Multiple
—
Profit Margin
—
Gross Profit
Total All-In Cost—
Net Sale Proceeds—
Cost Breakdown
Enter costs to see breakdown
Deal Scorecard
Enter purchase price and ARV to begin
LP Return Projection
Based on 8% pref · 60% LP / 40% GP · pref is the floor
Per $100K Invested
—
—
Enter your investment amount above
⚖️ GP Waterfall
▼
Enter costs and ARV to see waterfall
Sell Smart Buy Smart 1031™
Our proprietary exchange framework defers capital gains and rolls your investment into the next ESC deal — engineered so the replacement property is waiting before your sale even closes.
Sell Smart Buy Smart 1031™
Sell Smart. Buy Smart.
Most investors scramble to find a replacement property and end up overpaying just to meet the deadline.
With Eastern Shores Capital, your next investment is already identified — our pipeline of deals means your 1031 exchange
closes on time, at the right price, into a professionally managed asset.
Our proprietary Sell Smart Buy Smart 1031™ framework combines deal pipeline pre-positioning, accelerated QI coordination, and structured LLC sequencing — so the replacement property is underwritten, structured, and waiting before your sale even closes.
45
Days to Identify
180
Days to Close
0%
Capital Gains Tax*
How Sell Smart Buy Smart™ Works
1
Sell Your Property
Close the sale on your existing investment property
2
QI Holds Funds
Proceeds go to a Qualified Intermediary — never touches your hands
3
Identify ESC Deal
Within 45 days, name an ESC project as your replacement property
4
Close & Defer
QI transfers funds to ESC within 180 days — capital gains deferred
Why 1031 Into an ESC Deal?
The typical exchange vs. exchanging with Eastern Shores Capital
Typical 1031 Exchange
✗ Scramble to find a replacement property under deadline pressure
✗ Overpay for a property because the clock is ticking
✗ Take on a property you haven't fully vetted
✗ Become a landlord again — managing tenants, repairs, vacancies
✗ Risk the entire exchange if the deal falls through before 180 days
1031 Into ESC
✓ Replacement property pre-identified from our active pipeline
✓ Underwritten deal at fair market value — no overpaying
✓ Professionally vetted with full due diligence already done
✓ Passive LP investment — ESC handles everything
✓ Structured LLC with clear terms, timelines, and reporting
$0
Tax Due at Exchange
Defer 100% of capital gains when exchanging into like-kind real estate through a QI
8%
Preferred Return
ESC deals include an 8% annual preferred return paid to LPs before any GP profit share
100%
Passive
No landlording, no tenant calls, no property management — ESC runs the project
Your 1031 Exchanges
Active and past exchanges linked to your account
Start a 1031 Exchange
Thinking about selling a property? Let us know — we'll coordinate the exchange timeline with our next available deal.
*This is not tax advice. A 1031 exchange defers capital gains tax — it does not eliminate it. Consult your CPA or tax advisor for guidance specific to your situation. Eastern Shores Capital does not provide tax, legal, or financial advice.
Underwriting
Deal Calculator
Estimate returns for any deal structure
Gross Profit—
Profit Margin—
Annualized IRR—
LP Net Profit—
Equity Multiple—
Apply as an Investor
Create your account to access the deal room, documents, and construction tracking.
Your LP ownership percentage will be proportional to your guarantee relative to total project financing.
Required Cash Contribution — Down Payment
As a Debt Guarantor, you must also fund your proportional share of the down payment in cash. This ensures the bank's first lien is fully covered by guarantor capital — protecting all investors in the LLC.
At 80% LTV (minimum)
—
At 60% LTV (maximum)
—
Exact amount determined per deal based on final loan terms. You will be notified before capital is called.
Advisory roles support IRS real estate professional hour documentation. Roles carry no voting rights or management authority.
Accreditation Verification (Required by SEC Rule 506(c))
We must verify accredited status for all investors. Upload a signed letter on professional letterhead, or submit later from My Portal.