Cascara Capital
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A platform built by lenders, for disciplined credit.

Cascara RTL Fund I is backed by a joint venture between Cascara Capital and Level Capital, providing institutional oversight, governance, and disciplined lending practices that align sponsor and investor capital.

The Partnership

The platforms behind the Fund

We provide institutional oversight, governance, and disciplined lending practices that align sponsor and investor capital – backed by platforms with a combined $1.9B+ in originations and a SOC 1 Type I1 audited servicing infrastructure.

Cascara Capital
The Sponsor of the Fund

Sources and originates high-quality builder relationships through proprietary, off-market deal flow across the Western U.S.

$400M+
Originations since 2015
$95M+2
Active managed portfolio
61.9%
Average LTV
900+
Loan commitments
Visit Cascara Capital →
Level Capital
Servicing and credit oversight

A private portfolio lender providing the servicing platform, credit oversight, and nationwide borrower network behind the Fund, backed by an audited control environment.

$1.5B+
Originations since 2012
$341M+3
Active servicing portfolio
67.0%
Average LTV
2.2K+
Loan commitments
Visit Level Capital →
Why Partner With Us

A partner proven across market cycles.

130+
Years of combined expertise
$28B
In loans originated
8
Successful company exits
$436M+4
Active loan portfolios
Leadership

Industry veterans across the credit cycle.

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Managing Partner

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Governance

Institutional-grade standards.

SOC 1 Type I Servicing1

Independent audit verifying the design of internal financial control systems.

Independent Audits

Annual fund audit and investor K-1s, with quarterly NAV calculations.

Transparent Reporting

Quarterly performance reports designed to meet institutional requirements.

Third-Party Review

Independent due-diligence report available through FactRight.

Let's talk.

Connect with our team to learn more about the platform and the current offering.
Cascara Capital

A vertically integrated private credit platform for short-term residential construction lending.

Fund Manager
CL Asset Management Group
Service Partners
Managing Broker Dealer
MiT Associates LLC
Outside Counsel
Nelson Mullins Riley & Scarborough LLP

1 SOC 1 Type I: independent audit verifying the design of internal financial control systems; 2 Active Managed Portfolio: loans managed by Cascara (oversight, not servicing); 3 Active Servicing Portfolio: loans serviced directly by Level; 4 All figures as of 9/1/2025; figures represent the combined performance of Cascara Capital, LLC and Level Capital, LLC.

Securities offered through MiT Associates LLC ("MiT"), member FINRA/SIPC. MiT is a FINRA broker-dealer and serves as the Managing Broker Dealer for Cascara RTL Fund I, LLC, a private real estate fund (the "Fund"). MiT is not an affiliate of the Fund or CL Asset Management Group, LLC, the manager of the Fund. The Fund intends to conduct a private offering exclusively to accredited investors as defined in Rule 501(a) of Regulation D under the Securities Act of 1933, in reliance upon Rule 506(c). This website is for informational purposes only and does not constitute an offer to sell or a solicitation to buy securities. Past performance does not guarantee future results. All investments carry risk, including the potential loss of principal. Background information on broker-dealer firms and their registered representatives is available at brokercheck.finra.org.

© 2026 CL Asset Management Group, LLC. All rights reserved. Accredited investors only · Reg D 506(c)
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Welcome to Cascara RTL Fund I

These pages cover our private credit fund. The Fund is open to accredited investors only. If you’re looking for financing for a project, head back to the builder site.