The following information is an investment summary provided to prospective investors. This information is not a formal offering to sell either a security or a solicitation to sell a security. At the request of a recipient, the Company will provide a private placement memorandum, subscription agreement and the Limited Liability Company Operating Agreement. The Managing Member in no way guarantees the projections contained herein. Real estate values, income, expenses and development costs are all affected by a multitude of forces outside the Managing Member’s control. This investment is illiquid and only those persons that are able and prudence in your decision is strongly suggested Please consult your attorney, CPA and/or professional financial advisor regarding the suitability of an investment by you
Dr. Vikram Raya
CEO/Founder vraya@vikingcapllc.com
Dr. Ravi Gupta
COO/Founder rgupta@vikingcapllc.com
FUND AT A GLANCE
OPPORTUNITY
PREFERRED EQUITY
INVESTMENT CLASSES
RETURNS & ENHANCED ECONOMICS
INVESTMENT STRATEGY
EXAMPLE ASSETS
The HYRO GP Fund by Viking Capital merges debtlike security with private equity returns in multifamily real estate. Our investors hold a priority position in the capital stack while capturing GP-level economics across multiple assets. This dual advantage means investors receive prioritized distributions first, while participating in the upside potential of each property through Viking Capital's value-add strategy. The result is a resilient investment structure designed to deliver consistent, risk-adjusted returns without single-asset concentration risk.
By combining debt-level security with GP upside, HYRO GPis designed to deliver steady, risk-adjusted cash flow. It leverages proven operational strategies and a robust pipeline of multifamily assets, ensuring consistent performance and positioning our investors for both protection and growth.
ACCREDITED INVESTORS ONLY
7-12 $1-3M 1980+ 5-7 $7M-11M B - A+
HOW DOES IT WORK?
Your Investment is Diversified Across All Assets In The Fund
The Fund Takes a Position above Common Equity
Opportunity To Take Advantage Of Natural Diversification
Mitigates risk through preferred position, while still getting cash flow
PAY FOR RATE CAP
BOLSTER OPERATING RESERVES
OBTAIN FUNDS FOR A REFINANCE
COMPLETE CAPITAL EXPENDITURES
FLOATING RATE BRIDGE FUNDING
By securing a priority position above common equity in the capital stack, HYRO GP Fund investors benefit from both downside protection and upside potential. This preferred status guarantees first access to distributions, significantly reducing risk, while the GP ownership component provides returns beyond traditional debt investments. The structure delivers the reliable cash flow characteristic of debt investments plus the value creation potential of equity ownership —creating an investment profile that maximizes opportunity while minimizing risk.
8% up t INYEARONE! cash on cash YEAR 1: 18% CoC YEAR 2: 12% CoC YEAR 3-5: 10% CoC per year CASH FLOW 1.92x EQUITY MULTIPLE
6% E RANGE x-1.9x 5 YEAR Hold Period
$50,000 Min. Investment
$11 MILLION
Total Fund
Viking Capital HYRO GP FUND exclusively focuses on investing in stabilized or nearly stabilized deals, ensuring they can comfortably generate "current cash flow" starting within 90 days following the close of each asset.
YES, THAT'S RIGHT – CASH FLOW STARTS AT THE END OF THE Q2!
Moreover, there's no need to wait until the fund's close; you start accuring cash flow in the month following your investment.
Investor
strategy
1ST PRIORITY
90% SPONSORSHIP GP
LAST PRIORITY
benefits
WHAT IS UBIT EXPOSURE
WHAT IS UBIT?
It is a tax imposed by the IRS on income generated from business activities unrelated to a tax-exempt entity’s primary purpose.
WHAT INVESTORS SHOULD KNOW:
Not all real estate investments trigger UBIT— understanding fund structure is crucial.
UBIT can impact after-tax returns for investors using self-directed IRAs. UBIT generally applies to tax-exempt entities, including IRAs, when they earn income from business activities unrelated to their exempt purpose or when they utilize debt-financed investments.
Strategic planning and alternative investment vehicles can help mitigate UBIT exposure.
AVOID UBIT EXPOSURE
Invest Through a Debt Fund to Avoid UBIT Tax Exposure
Debt funds like the HYRO fund, are not subject to UBIT tax liability, helping you protect your returns.
invest@vikingcapllc.com
Viking Capital
Viking Capital was founded in 2015 and is a boutique premier multifamily investment firm with agile investment sourcing, structuring, execution, and asset management capabilities and the flexibility to scale and cater to investor preferences.
Through its team of acquisitions, asset management, and disposition experts, Viking Capital invests in tier 1, secondary, and tertiary markets across the United States.
VIKINGCAPITALTEAM
VikramRaya CEO Co-Founder RaviGupta COO,Co-Founder JudahFuld VPofAcquisitions
