Homes Built for America backed by The True Life Companies Land Supply

Location: oooo, California

The True Life Companies Equity Offering At its core, True Life is a land-supply company serving the homebuilding industry. We identify land in high-demand markets, control it, move it through the entitlement and development process, and create a pipeline of residential land and homesites for builders. The opportunity exists because America's major homebuilders need a continuing supply of land to build homes, but increasingly don't want to carry enormous amounts of land on their own balance sheets for years. We are becoming that supply chain. We have spent years building the platform, relationships, portfolio, market knowledge and infrastructure necessary to do this at scale. We also have Homes Built for America (HBFA) , which gives us the ability to participate further into the homebuilding value chain when that creates additional value. This Is a Real Platform We're not talking about starting a company from scratch. True Life has a substantial portfolio, decades of experience and a long history of real estate transactions. We're also seeing significant validation of the broader opportunity from sophisticated global capital. Japanese strategic investors have completed approximately 30 U.S. housing transactions representing multiple billions of dollars of investment . The important point isn't Japan itself. It's that sophisticated strategic capital recognizes the long-term value of the U.S. housing and land-supply business. This is primarily for experienced, sophisticated, high-net-worth investors who understand private-company equity, recapitalizations and longer-duration investments. We're assembling capital to participate directly in the corporate platform and what we believe can be a significant value-creation opportunity. Under the plan's 2031 case , using a 6× consolidated EBITDA exit multiple , the model illustrates: Approximately $243 million of consolidated EBITDA Approximately $1.46 billion of enterprise value Approximately $726 million of value attributable to the current holders' 50% interest Approximately 7.7× blended multiple on capital for new investors , with the model illustrating a 66% IRR from a 2027 entry Approximately 12× face value for converted noteholders We're not raising capital merely to fund today's company. We're capitalizing a platform that we believe has the potential to become a substantially larger and more valuable enterprise and ultimately reach a liquidity event.