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Outer Light Fund

Private Real Estate Investment Opportunity | Accredited Investors Only | Rule 506(c)
Home Our Approach
How We Invest

A Disciplined Approach To
Cash-Flowing Real Estate.

A Disciplined Approach To Cash-Flowing Real Estate.

Our approach is built on the same operating discipline the Dubowsky family has applied to manufacturing, construction, and their own real estate holdings for over a decade now focused on stable, income-producing properties across the Northeast.
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“Bob and Mark working on a house.”
Why Outer Light

Discipline Learned On The Factory Floor.

Bob Dubowsky spent 13 years as an owner and operator of an aerospace and DoD contract manufacturer, and then, through his son Mark, became involved in real estate.  Whether it’s aircraft engine parts or real estate investments, dependability matters.  They both need to perform for the long haul.  That is the standard we have applied to every rental investment in the last ten years and that is the standard that shapes how the fund underwrites, acquires, and manages all real estate investments.  

We don’t chase deals for the sake of chasing deals; every opportunity has to pass “inspection” much like an aircraft engine component does.

It's a Connecticut Yankee approach: calm, steady, and hard-working, not flashy. The properties we look for are the same stable, consistent, and cash flowing.

Market Perspective

A Window That Won't Stay Open Forever.

Commercial real estate is repricing. Owners who bought aggressively between 2020 and 2022 are facing loan maturities, and well-located, cash-flowing assets in the Northeast are trading at meaningful discounts to replacement cost.
“Most investors are still waiting. We are buying.”
Where We Invest

The Northeast Advantage.

Lower Natural-Disaster Risk

Among the lowest exposure to hurricanes, wildfires, and major natural catastrophe in the country.

Stable Insurance Markets

Predictable coverage costs, in a region less exposed to the premium spikes affecting coastal and wildfire-prone markets.

Deep Tenant Demand

Dense population centers support consistent demand across essential retail and multifamily housing.

A Motivated Market

Sellers under pressure, buyers still cautious a window we don’t expect to stay open forever.

Our Mandate

An Income Fund, By Design.

Outer Light Fund is an income-focused fund built to generate predictable, semi-annual cash flow for accredited investors.

We Focus On

  • Properties that cash flow from day one
  • Assets located in the northeastern United States
  • Institutional-quality tenants or diversified rent rolls
  • Buy-and-hold ownership with hands-on management

We Don't Pursue

  • × Speculative or ground-up development
  • × Non-cash-flowing assets
  • × Deals dependent on aggressive appreciation
  • × Markets outside our area of expertise
Underwriting Standard

Every Acquisition Must Clear The Same Bar.

“If a deal doesn’t meet every standard, we don’t pursue it.”
Our Process

Buy And Hold. Not Buy And Flip.

STEP 1

Source

Off-market and broker relationships across the Northeast.

STEP 2

Underwrite

Every deal reviewed by the full team before it moves forward.

STEP 3

Acquire

Only if it clears our underwriting standard.

STEP 4

Operate

Direct, hands-on management not a passive hold.

STEP 5

Optimize

Rent adjustments, occupancy, and ancillary income drive performance over time.

A direct path from sourcing to a stable, income-producing hold.
Get In Touch

Request Offering Documents

Reach out to us directly to request offering materials or ask questions about whether Outer Light Fund fits your investment objectives.
296 Hart Street, Bristol, CT 06010
Rule 506(c) · Accredited Investors Only