PL Direct I (PLDI) is a $100 million evergreen offering targeting stable monthly income through direct senior-secured loans on residential investment real estate in Texas. With a minimum investment of $100,000, the fund offers target returns of 7–9% over terms of 6 to 24 months. All loans are senior 1st liens with no leverage, focused exclusively on Texas residential assets. Income is distributed monthly and reported as 1099 ordinary income. Open to qualified and non-qualified money, the fund charges a 3.0% management fee.
At Noble Capital we don’t just manage capital and assets; we craft legacies. For almost a quarter of century, we’ve been at the forefront of private lending, setting new standards of excellence through our mastery of residential investment real estate lending and servicing.
We speak with honesty and transparency, even when it’s uncomfortable.
We take responsibility for what’s entrusted to us and care deeply for the outcome.
We pursue continuous improvement and embrace challenges as opportunities.
We bring knowledge, skill, and thoughtful insight to every decision we make.
