PORTLAND, OR—Fairway America, a specialist focused on small balance real estate investment funds, has introduced a new fund from Alturas Capital of Boise, ID, called the Alturas Real Estate Fund, with a target of $100 million in total investments.
The new fund is now live on SBREFunds.com. This brings the sum total of investment offerings on the pooled real estate fund crowdfunding investment platform to just under $2 billion, with total capital committed across these funds to date at approximately $118 million.
“The potential of the Small Balance Real Estate market is growing by the day and we're feeling that on SBREFunds.com in a very tangible way,” said Matt Burk, CEO of Fairway America. “Alturas provides yet another accessible small balance fund vehicle for our SBREFunds.com investors to consider.”
Founded in 2007, Alturas Capital is a diversified investment management company located in the Boise area. Alturas focuses on what it believes is a conservative and principled investment strategy the objective of which is to produce reliable, stable cash flow to its investor partners. The investment philosophy at Alturas Capital is grounded in value investing, supported by a team that has experience in all aspects of real estate investing, including underwriting and due diligence, property management, construction, development and accounting.
“Fairway has established itself as a leader in this space and SBREFunds.com, in only a matter of months, has become a premier destination for crowdsourcing fund investment and support,” said Alturas partner Blake Hansen. “We saw that firsthand at their SBRE Investment in Scottsdale and we're excited to grow our investor base through a network of investors who are specifically interested in funds such as ours.”
Alturas Capital will present at Fairway's Small Balance Real Estate Investment Summit at the Hilton Anatole Hotel in Dallas, Oct. 15 and 16.
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.
SBREfunds.com is an online portal that exclusively lists small balance real estate pooled investment fund opportunities.
© Touchpoint Markets, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more inforrmation visit Asset & Logo Licensing.
David Phillips
David Phillips is a Chicago-based freelance writer and consultant with more than 20 years experience in business and community news. He also has extensive reporting experience in the food manufacturing industry for national trade publications.
