AXIOM / RESIDENTIAL DEVELOPMENT CO. VINTAGE 2026 · LIVE

BUILD. CAPITAL. CONVICTION.

Axiom is a ground-up residential development company building infill density in dense urban submarkets. Six exits. Two-point-three average multiple. Zero capital calls. We do not raise from strangers — we raise from a closed network.

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$58M Capital Deployed 2.3× Avg Multiple 26% Net LP IRR Zero Capital Calls Closed-Network Only $58M Capital Deployed 2.3× Avg Multiple 26% Net LP IRR Zero Capital Calls Closed-Network Only
01. § Thesis

The next decade of American housing will be built by operator-developers who source off-market, run their own crews, and report to LPs like fiduciaries.

Not by syndicators. Not by aggregators. Not by consultants.

By people who put on steel-toed boots on Saturday and sign waterfall structures on Monday.

THE WORK.

SIX EXITED · TWO IN BUILD · ONE SOURCING
$58M DEPLOYED · TRAILING 36 MONTHS
AXM.001 · FEATURED EXITED · 2.5×
SPRING
GARDEN
BLOCK
PHILADELPHIA · 19130 · 18 UNITS · GROUND-UP · DELIVERED Q4 2025
$12.4M
Capitalization
2.5×
Equity Multiple
31%
Net LP IRR
AXM.002 EXITED
FISHTOWN ROW
8 UNITS · $5.2M · 14 MO. HOLD
2.3×
Multiple
26%
IRR
8
Units
AXM.003 EXITED
BREWERYTOWN
LOFTS
12 UNITS · ADAPTIVE REUSE · $8.7M
1.9×
Multiple
22%
IRR
22mo
Hold
AXM.004 · ACTIVE IN BUILD
KENSINGTON
BLOCK
22 UNITS · $14.1M · 3-PHASE
2.2×
Pro Forma
$14M
Cap.
2026
Delivery
AXM.005 — AXM.007 · UPCOMING PIPELINE VINTAGE 2026 · NOW CAPITALIZING
PIPELINE / $32M ACROSS THREE DEALS
GRADUATE HOSPITAL MEWS · NORTHERN LIBERTIES YARD · WEST PHILADELPHIA TRIO
§ 03 / OPERATING SYSTEM

HOW WE SYNDICATE BUILD.

01

SOURCE OFF-MARKET

Every parcel comes from direct relationships. Brokers, attorneys, operators. No auction. No portal. Lower basis is structural — not seasonal.

→ 12–18% BELOW COMP
02

UNDERWRITE 3-WAYS

Base. Downside. Stretch. If the downside doesn't break even, the deal doesn't clear committee. We size for survival before returns.

→ DEFINED DOWNSIDE
03

BUILD IN-HOUSE

Our construction partner is an owner — not a contractor. Change orders are a cost to the partnership. Cycle time compresses 30%.

→ 30% TIME COMPRESSION
04

DISTRIBUTE LP-FIRST

8% preferred return. 70/30 split to first hurdle. Promote is earned, not assumed. Quarterly reporting on every dollar.

→ 26% AVG NET LP IRR
▲ Vintage 2026 — Allocation Closing

RAISE
LIKE AN
OPERATOR.

Axiom raises in closed cohorts. Vintage 2026 has limited allocation remaining and closes when full. Introductions and direct inquiries welcome via the address below.

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