“After managing individual investor capital for several years, we decided to launch a pooled investment fund to provide greater opportunity and diversification for our investors,” said Paul Draper, Founder and CEO of Centerra Capital.
(PRWEB) August 06, 2015
Fairway America (“Fairway”) (http://fairwayamerica.com/), the nation's leading authority on small balance real estate (“SBRE”) pooled investment funds, announced today the launch of Centerra RE Opportunity Fund, LLC (the “Fund”) out of Modesto, California. Fairway’s client Centerra Capital, Inc. (“Centerra”) was formed in 1998 and specializes in providing real estate finance and advisory services to individuals and companies in Northern California and around the West. Fairway also announced today that the Fund will be listed on Fairway’s SBREFunds.com, (http://sbrefunds.com), a crowdfunding marketplace focusing exclusively on quality products and information in the pooled real estate asset based investment space. Centerra opted to list the Fund on SBREfunds.com to help create immediate exposure to accredited investors looking for opportunities in SBRE pooled investment funds such as the Fund. Centerra has a raise goal of up to $50 million during the life of their open-ended Fund.
“After managing individual investor capital for several years, we decided to launch a pooled investment fund to provide greater opportunity and diversification for our investors,” said Paul Draper, Founder and CEO of Centerra Capital. “We determined that Fairway and the SBREFunds.com platform is the right fit for our strategy. Now that we are launching, we are excited about the relationship and the future of our new Fund.” The Fund’s goal is to create a diversified portfolio of real estate based assets to produce attractive risk adjusted returns. It will focus on assets located in California and the Pacific Northwest and to a lesser degree, throughout the western United States. The Fund will be managed by Centerra’s team of SBRE industry professionals led by Paul Draper who has over 40 years of business and real estate experience. Together with the rest of his Centerra team, the principals have acquired and/or funded over $400 million of transactions over the past 20 years.
Fairway is building the world’s leading community of SBRE fund managers through its SBREfunds.com platform by providing high net worth investors with a private and secure environment to look at a variety of SBRE strategies and deals all around the U.S. Investors can review and select investment opportunities they find interesting inside the marketplace and contact the managers directly. Draper feels that listing the Fund on SBREfunds.com will give Centerra the opportunity to get greater exposure to investors as the Fund launches and help raise capital more efficiently. “We were very impressed with the traction Fairway has with SBREfunds.com and felt that it was an easy decision to list at an extremely reasonable price point,” said Draper. “We are looking forward to the exposure.”
Fairway launched SBREfunds.com this past January and has quickly grown the site to include more than 15 funds with total offerings of nearly $2,000,000,000. “SBREfunds.com is so far the only online portal focused primarily on SBRE pooled investment funds of all kinds,” said Matt Burk, CEO of Fairway America. “This segment of the market has its own unique qualities, both opportunities and challenges, and this has driven some of the decisions we have made around how to execute SBREfunds.com. Having people like Paul and his team on our site helps drive more traffic to the site and makes this business fun.”
Centerra will also be in attendance at Fairway's Small Balance Real Estate Investment Summit at the Hilton Anatole Hotel in Dallas, October 15-16, 2015. This premier, invitation-only event is open to fund managers and accredited investors interested in learning more about the SBRE pooled investment fund space and meeting one another.
For more information about Centerra, please visit: http://www.centerracapital.com
For more information about Fairway America, please visit: http://www.fairwayamerica.com
For more information about SBRE Funds, please visit: http://www.sbrefunds.com
For more information about Fairway’s Small Balance Real Estate Summit, please visit: http://www.sbrefunds.com/dallas
About Fairway America
Fairway America, LLC is a longtime real estate lender, fund manager and real estate finance advisory firm providing strategic business planning services nationwide to SBRE entrepreneurs and independent registered investment advisors around the structure, architecture, and administration of proprietary 506 Regulation D pooled investment funds. Fairway’s related entities manage two proprietary funds, Fairway America Fund VI, LLC, and Fairway America Fund VII LP, each focused on the SBRE space with different asset allocations and investment features. Both funds consider investments nationwide.
SBREfunds.com is an online portal that exclusively lists small balance real estate pooled investment fund opportunities. Created by Fairway America, SBREfunds.com provides entrepreneurs and investors with education and connectivity to better capitalize and grow an SBRE enterprise. From connection to investors to strategic capital raising plans to live events, SBREfunds.com is the definitive resource for SBRE entrepreneurs and accredited investors to understand how to successfully work with one another for mutual benefit and growth.
Neither Fairway America nor SBREFunds is a registered broker-dealer or investment advisor. None of the Fairway companies perform any activities of a broker or investment adviser, including but not limited to, soliciting investors, providing investment advice, negotiating securities transactions or the terms, conditions or provisions of any offering, or recommending the purchase of securities. This press release does not constitute an offer or solicitation to sell securities in any of the companies mentioned, any funds presenting at SBRE Summit events, or any related or associated companies. Investors must not rely on information provided in this press release for investment decisions.