We are unique in that we are both seasoned real estate entrepreneurs and investors at the same time. Having walked in the shoes of both of the constituencies we serve we continue to earn distinction across the industry" said Fairway America Capital Markets Group President Darris Cassidy
PORTLAND, Ore. (PRWEB) March 07, 2018
Fairway America, a leader of the Small Balance Real Estate (“SBRE”) private investment space, has named Darris Cassidy as President to lead its subsidiary, the Fairway America Capital Markets Group.
The Capital Markets Group team is responsible for all Investor Relations and, through its relationship with North Capital Private Securities Corporation, a FINRA-registered Broker/Dealer, all capital raising activities for the Fairway America Funds and select SBRE sponsors that have passed Fairway America's due diligence and received an investment from one or more of the Fairway America Funds.
“We are well positioned to serve our growing community of SBRE investors because of Fairway America’s overall platform, which attracts a large number of SBRE sponsors, from which we are able to identify and evaluate what we believe to be the best sponsors, investment strategies and opportunities,” says Cassidy. “We are unique in that we are both seasoned real estate entrepreneurs and investors at the same time. We look at the market, its opportunities and its obstacles through shared lenses with our investors. Having walked in the shoes of both of the constituencies we serve we continue to earn distinction across the industry.”
With the recent growth of the team and its expanded capabilities devoted to investors, the Fairway America Capital Markets Group has ambitious targets for 2018 and beyond under Cassidy and the rest of the leadership team at Fairway America.
“Our business model is evolving,” says Matt Burk, CEO, and founder of the Fairway America Group of Companies. “As we’ve grown, we are operating several integrated business units that each have their own focus, but collectively are key components to our maturing platform,” said Burk. “The platform has been intentionally designed to serve the SBRE community of both entrepreneurs and investors by identifying great sponsors and deals, and connecting them with significant and trusted capital sources. While this concept is far from new, the tactics and technology available to make that happen with less friction and more functionality is a game changer.”
The Fairway America Group of Companies includes: Fairway America, which is home to multiple funds and a growing array of products and services for real estate entrepreneurs; Fairway America Capital Markets Group, which owns and operates SBREfunds.com, a website that showcases SBRE investment opportunities, and raises capital for the Fairway Funds through its relationship with North Capital Private securities; Redwood Real Estate Administration, which provides back-end fund administration and accounting services for SBRE entities; and Fiducia Labs, which serves as the technology division for the Group of Companies and has developed Marko, an alternative investment technology solution designed specifically for SBRE entrepreneurs.
Fairway America Capital Markets Group has closed eight syndication deals since inception, with total GP and LP equity of $49.5MM. Capital Markets Group has an objective of closing a total of at least ten new syndications during 2018, with a total equity target of $50MM. “Our investors appreciate and respect our disciplined origination and due diligence process, and have come to expect that when we bring an investment opportunity to their attention, it has been thoroughly vetted by our underwriting team,” states Cassidy. “They also know that anything we bring to them, our Funds have invested in as well. By investing alongside our investors, they understand that their success is our success, their risk is our risk, and we are all in this together.”
About Fairway America
Fairway America, LLC is a longtime real estate asset based fund manager and real estate finance advisory firm providing strategic services nationwide to SBRE entrepreneurs around the structure, architecture, and administration of proprietary 506 Regulation D pooled investment funds. Fairway’s related entities manage three proprietary funds, Fairway America Fund VI, LLC, Fairway America Fund VII LP, and Fairway America Fund VIIQP, LP, each focused on the SBRE space with different asset allocations and investment features. The Fairway Funds consider investments nationwide.
SBREfunds.com is an online marketplace that provides high net worth investors transparent access to Small Balance Real Estate investment opportunities that have received an investment from one or more of the Fairway America Funds. The site is operated by Fairway America Capital Markets Group which, through its relationship with North Capital Private Securities Corporation, raises capital for and performs investor relations on behalf of the Fairway Funds and the SBRE syndication opportunities listed on http://www.SBREfunds.com
About Redwood Real Estate Administration
Redwood Real Estate Administration provides back end administration and accounting services to SBRE sponsors, managers and syndicators around the United States in the area of discretionary pooled investment funds and deal syndications. Redwood’s team of staff accountants, transaction managers, and support personnel focus strictly on the administration of real estate asset based strategies and transactions for SBRE entrepreneurs.
About Fiducia Labs
Fiducia Labs is the developer of Marko, an alternative investment platform designed to serve the needs of SBRE investment fund managers and syndicators and their accredited investors. This innovative technology solution provides managers a safe and easy way to subscribe and manage private investors on-line, and serves as the management platform that powers Redwood REA and SBREfunds.com.
Fairway is not a registered broker-dealer and does not give investment advice, endorsement, analysis or recommendations with respect to any securities. The fact that Fairway, including the funds managed by Fairway, have invested in any offering does not constitute and should not be considered a recommendation of any securities. Fairway’s investment criteria may differ materially from your investment criteria. Please consult with your own investment and other professional advisors prior to investing in any securities.
All securities offered by Fairway or on SBREFunds.com are offered through North Capital Private Securities Corporation, Member FINRA/SIPC, located at 623 East Ft. Union Blvd, Suite 101, Salt Lake City, UT 84047. NCPS does not make investment recommendations and no communication should be construed as a recommendation for any security. Securities are intended solely for qualified investors. Investments in private offerings are speculative and involve a high degree of risk. Those investors who cannot afford to lose their entire investment should not invest in such offerings.
This press release does not constitute an offer or solicitation to sell securities in any of the companies mentioned or any related or associated companies. Investors must not rely on information provided in this press release for investment decisions.