Land & Lot Development Investments · Reg D 506(c)

223 finished lots.
A contracted buyer:
America's largest homebuilder.

Gladdit Capital develops entitled land into finished residential lots — the highest-value step in the housing supply chain — delivered to national homebuilders under contracted takedown schedules, and underwritten with institutional data discipline.

Buyer: D.R. Horton Location: Sevierville, TN Asset: Titled land

For accredited & institutional investors. This is not an offer of securities.

Credibility & Track Record

Experience before the ask.

Gladdit pairs institutional capital discipline with a development partner that has delivered finished lots for national homebuilders for over two decades.

25+
Years of land-development experience (Skycrest principals)
1,300+
Lots led by the development partner
5,000+
Acres managed by the principals
2.0x
Prior realized land exit · 2026 ($28MM · unaudited)

Established Homebuilder Relationship

Skycrest Development has worked with D.R. Horton's Knoxville Division since 2022 and has delivered developed lots in accordance with required schedules and specifications.

This statement describes Skycrest Development's prior development relationship and does not constitute an endorsement of Gladdit Capital, the Redbank offering, or any investment outcome. It is Skycrest Development's experience, not a Gladdit Capital track record, and does not guarantee future performance.

GP capital is invested alongside investors, and D.R. Horton is contracted as the finished-lot buyer for Redbank. Figures reflect prior activity by Gladdit principals and Skycrest Development through separate affiliated entities — not results of Gladdit Capital or any Gladdit fund. Unaudited; past performance does not guarantee future results.

Investment Thesis

Builders stopped developing their own lots.

America's largest homebuilders moved land off their balance sheets — they now buy finished lots from developers. In our first market, Knoxville, demand for developed lots outruns supply. Gladdit converts entitled land into finished lots and delivers them under contract.

WHAT WE DO

Lot development

Entitled land → grading, roads, and utilities → finished, build-ready lots delivered under phased takedown contracts (~24-month cycles).

WHY NOW

A measured lot shortage

The Knoxville metro needs roughly 34,000 developed lots by 2031 against about 11,000 today — a structural gap builders fill by contracting with developers.

THE PIPELINE

Land banking

Holding entitled land under builder contracts secures future phases and controls land basis — feeding the development engine.

Current Offering · Gladdit Redbank Fund 1

The Redbank Program

A combined land- and lot-development program in Sevierville, Tennessee, delivering finished residential lots to D.R. Horton under contract.

The Foothills at Red Bank
Sevierville, Tennessee · marketed by D.R. Horton
Offering Open
StrategyLot development + land banking
Scale~64 acres · Phase 1
Planned lots223 · 195 townhome + 28 twin-home
Contracted buyerD.R. Horton (Knoxville)
Takedown structure4 phased closings · 56/56/56/55 lots
Program horizon~24 months
EligibilityAccredited & institutional · 506(c)
StatusPhase 1 fully approved
Redbank Phase 1 engineered site plan, Sevierville Tennessee
Phase 1 Site Plan · 2289 Red Bank Rd, Sevierville TN

Illustrative program summary — not an offer. Confidential terms are provided only through the offering documents to verified, eligible investors under Rule 506(c).

Project Lifecycle

How a land-development project moves.

01
Acquire & entitle

Secure entitled land with a defined path to approval.

02
Approve

Full planning approval retires entitlement risk.

03
Develop

Horizontal construction — grading, roads, utilities.

04
Take down

Builder purchases finished lots on a phased schedule.

05
Distribute & recycle

Proceeds return to investors; capital redeploys.

Investment & Entity Structure

Institutional structure, clearly drawn.

Investor capital flows through a fund into dedicated, titled project entities — with the developer joint venture and the builder takedown defined by contract.

Investors · Reg D 506(c)
Accredited & Institutional Capital
Fund
Gladdit Redbank Fund 1 LLC
JV with Skycrest Development
Redbank Investment LLC
Land
Skycrest Redbank Land LLC
Lot Development
Skycrest Redbank Lot LLC
Debt · subject to confirmation
Construction Lender
If project financing is used, the lender would hold a senior lien on project assets and investor equity would be subordinate to that debt.

How capital and proceeds move

InvestorsEquity in
Fund & project entitiesFund development
D.R. HortonBuys finished lots
ProceedsDistributed to investors

Investors hold a preferred position ahead of sponsor profits. The developer (Skycrest) executes horizontal construction; a construction lender may provide project financing. Full waterfall and terms are defined in the offering documents.

Risk Management

Protections built into the structure.

Layered safeguards sophisticated land investors look for — designed into the deal, not promised on top of it.

CONTRACTED EXIT

Ratified builder contract

Lot purchase agreement with D.R. Horton executed before development begins, supported by builder earnest money.

REAL PROPERTY

Titled project assets

Investor capital is deployed into dedicated project entities that own titled real property, subject to applicable lender liens and the terms of the offering documents.

ENTITLEMENT

Fully approved plan

Phase 1 received full planning approval in 2026 — entitlement risk substantially retired.

ALIGNMENT

GP co-investment

Principals invest their own capital alongside investors, under engineer-led execution.

Team & Experience

Capital and code, meet dirt and steel.

Gladdit brings institutional capital management and AI-driven analytics; Skycrest Development brings 25 years of land-development execution and an established D.R. Horton relationship.

Capital + Technology

Gladdit Capital

Sponsor and fund manager — investment selection, financial control, investor reporting, and the data toolkit behind underwriting.

Development Execution

Skycrest Development

Development partner — land acquisition, entitlement, engineering, and horizontal construction across TN, GA, NV, and AL.

AI-Enabled Operating Capabilities

AI is how we execute — not what we sell.

Gladdit Terrain™ is our internal toolkit, in active development. Capabilities below are labeled by status; none are offered as commercial software, and statuses are subject to update.

In development
SOURCE

Find the right land

Screening parcels and running comparable analysis across county records to help identify and price opportunities.

In development
UNDERWRITE

Price with discipline

Applying AI to yield studies, zoning and code review, and document analysis to support engineering-led underwriting.

Planned
MONITOR

Track execution

Budget-vs-actual monitoring, construction-progress tracking, and risk alerts as a project develops.

Planned
REPORT

Keep investors informed

Automated bilingual investor reporting — English and 中文.

Investor Process

A clear path from inquiry to ownership.

STEP 1
Request access

Tell us about yourself; investor relations follows up.

STEP 2
Verify

Accredited status confirmed via third-party verification (506(c)).

STEP 3
Review

Study the offering documents with your advisors.

STEP 4
Fund

Execute subscription documents and wire your commitment.

STEP 5
Track

Receive reporting and distributions per fund terms.

Invest With Us

Request access to Gladdit Redbank Fund 1.

Tell us about yourself and our investor relations team will share the offering details and next steps. No obligation.