The risk-adjusted returns of Stephen’s strategy combined with his commitment to proper structure, good alignment, and strong processes made an investment in the Fund a no brainer for Fund VII.
Portland, OR (PRWEB) September 02, 2014
Fairway America, LLC (“Fairway”), a Portland Oregon based small balance real estate (“SBRE”) fund advisory and investment firm, announced today that its newest fund, Fairway America Fund VII LP (“Fund VII”) has invested in the Voyager Pacific Fund, LLC (the “Fund”) of Vancouver Washington.
In November 2013, Fairway played the lead role in consulting, advising and guiding the structure and formation of the Fund, which strives to provide its investors with the opportunity to obtain attractive returns by investing in relatively low risk Tax Lien Certificates. Stephen Seal, who has actively and successfully invested in vacant land since 1997, founded Voyager Pacific Management, LLC (“VPM”), the Manager of the Fund, and hired Fairway to pursue his vision.
“We’re able to leverage our nearly two decades of experience in the area of vacant land to focus on Tax Lien Certificates which I think has a fantastic risk-reward profile as an investment if done properly,” said Seal. “We felt our expertise and experience as well as our involvement in our small balance land deals differentiated us from others in the industry.”
Seal was already happy with his decision to hire Fairway to help structure the Fund and do the back-end administration, and now is ecstatic to have received a $250,000 investment from Fund VII. “I knew Fairway had the capability to handle the sophisticated details we needed to go to the next level,” said Seal. ”Now coupled with their investment in our Fund, we are in a great position to take advantage of the market opportunities in our strategic niche.”
“Stephen did a great job of articulating his strategy and executing on his launch,” said Matt Burk, Fairway America’s CEO. “The risk-adjusted returns of his strategy combined with his commitment to proper structure, good alignment, and strong processes made an investment in the Fund a no brainer for Fund VII.”
As Chief Investment Officer of Fund VII, Burk was pleased to be able to make an investment in one of Fairway’s clients’ funds. “Although we cannot always do it, we of course want to be able to have our clients pass the extensive due diligence we perform when considering an investment for Fund VII,” said Burk. “We try very hard to provide value and insight for both fund managers and investors and one of the best ways to do that is to utilize Fund VII to make investments in other funds that meet our criteria.”
Fairway is committed to helping create more communication and interaction between accredited investors and fund managers executing various SBRE strategies in order to increase awareness in this exciting and burgeoning sector. “We want to help investors make better and more accurate decisions and at the same time facilitate greater access to capital for fund managers,” said Burk.
To that end, Fairway will produce and host the Small Balance Real Estate (SBRE) Investment Summit in Seattle, Washington (October 16-18, 2014.) The Summit is designed to bring real estate asset based fund managers together with accredited investors genuinely interested in the SBRE space to expand capital coming into the sector.
“We’re committed to educating both fund managers and accredited investors about the intricacies and nuances of these funds and helping expose them to one another in order to facilitate greater success for both,” continued Burk. “In addition, Fund VII plans to make investment commitments of at least $2,000,000 to Summit participants.”
For more information about Fairway America visit http://fairwayamerica.com/. For more details or to register to attend the Small Business Real Estate Investment Summit visit http://summit.smallbalancerealestate.com/.
About Fairway America
Fairway America, LLC, is a long-time real estate lender, fund manager and boutique real estate finance advisory firm providing strategic business planning services nationwide to private money lenders and real estate operators around the structure, architecture, and administration of proprietary 506 Regulation D pooled investment funds. Fairway related entities manage two funds, Fairway America Fund VI, LLC, an acquirer of small balance real estate secured loans and investments, and Fairway America Fund VII, LP, a small balance real estate fund of funds. Both funds consider investments nationwide. For more information visit, http://fairwayamerica.com/.