Peruse the private reserve of real estate investment funds

Whether you’re looking to bring balance to your investment portfolio or seeking to add a more adventurous note, let FundSomm be your guide. Browse our carefully curated marketplace of private real estate funds to perhaps find your perfect pairing.

How does FundSomm work?

FundSomm has focused intently on designing a streamlined, tech-enabled investment process.

Once you have completed your due diligence and are ready to commit to an investment you’ve found on our Marketplace, you’ll start the process by creating an account and the platform will walk you through the subscription process. You can always get in touch with our team if you have questions about specific offerings or the process itself. We can’t offer investment advice, but we’d love to help you understand options available to you.

Who is eligible to invest?

The qualifications to invest will vary, as some funds may require investors to verify their status variously as an accredited investor, qualified purchaser, qualified client, or institution. Though less frequent, some funds may be eligible to non-accredited investors.

The requirements will always be clearly specified on each opportunity detail page.

What kinds of investments will I find in FundSomm’s Marketplace?

FundSomm aims to source high-quality private real estate funds, varying by fund type, investment type, property type, region, strategy, objective, and other characteristics. Possible varieties may include (but are not limited to) the following:

Target Property Type(s):

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Multifamily

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Single Family Residence

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Office

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Retail

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Hospitality

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Industrial

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Self-Storage

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Land & Development

Fund Type:

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Open-end

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Closed-end

Investment Type:

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Equity (ownership)

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Preferred Equity

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Debt (Lending)

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1st Position Debt

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2nd Position Debt

Target Strategy:

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Core

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Core Plus

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Value Add

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Opportunistic

Objective:

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Income

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Growth

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Balanced

Getting Started

Browse our marketplace of real estate funds

Whether you’re looking to bring balance to your investment portfolio or seeking to add a more adventurous note, Fund Sommelier has curated a broad range of private real estate funds for your consideration.

Invest with Finesse

Once you’ve completed your due diligence and made your decision to invest, you will navigate our streamlined investment flow to complete the subscription process. Upon acceptance, you will be invited to fund your investment via ACH.

Receive your investment proceeds

The timing of distributions will differ by offering and they cannot be guaranteed, but generally once excess operating capital becomes available, it should be paid out to investors as outlined by the terms of the private placement memorandum for that offering. Typically it will be deposited into investors’ accounts via ACH.

Browse our marketplace of real estate funds

Invest with Finesse

Receive your investment proceeds

Getting Started

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Browse our marketplace of real estate funds

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Invest with Finesse

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Receive your investment proceeds

Current Opportunities

Multifamily

Industrial

Debt

Closed-End

Accredited

Equity

COMING SOON

Altus Equity Group

Altus Opportunity Fund, LLC

Targeted Raise:

Minimum Investment:

100000

Liquidity:

5 Year Lock-Up Period

Investment Objective:

Balanced - Growth & Income

The content is presented to gauge interest only and is subject to change without notice. Fairway Capital Markets and North Capital Private Securities are in the process of screening, performing due diligence, and verifying information for the offering.

Debt

Open-End

Accredited

Equity / Debt

COMING SOON

Central Lending, LLC

CL Fund 3, LLC

Targeted Raise:

Minimum Investment:

50000

Liquidity:

12 month lockup period

Investment Objective:

Balanced - Growth & Income

Multifamily

Mixed-Use

Closed-End

Accredited

Equity

COMING SOON

Urban Asset Advisors

UAA Fund II, LLC

Urban Asset Advisors (UAA), a Portland-based firm founded in 2013, focuses on multifamily real estate investments, serving high-net-worth, institutional, and family office investors. UAA champions a co-investment strategy to ensure transparency and foster collaboration, aiming to build and preserve investor wealth through strategic urban property investments.

Targeted Raise:

25000000

Minimum Investment:

100000

Liquidity:

3-5 years

Investment Objective:

Balanced - Growth & Income

BROWSE MARKETPLACE

Frequently Asked Questions

How does Fund Sommelier source the funds that appear on the Marketplace?

We leverage our deep industry experience and broad network of professional relationships to source a diverse variety of private real estate funds for our marketplace. Our model especially appeals to fund managers who feature a strong combination of skill, passion, and strategy, and are seeking to forge new investor relationships in order to achieve new levels of scale. Prior to accepting any fund, we evaluate the fund manager using due diligence process described below.

What is Fund Sommelier’s due diligence process?

We, in partnership with our Broker Dealer, complete an in-depth review of the following, where applicable, for each Fund Manager we invite to present an offering on our Marketplace.

Principal Questionnaire: This entails a series of questions we require every Fund Manager to complete, providing the information we use to obtain comprehensive background checks on each Principal of the Fund Management entity
Fund Documents
a. Private Placement Memorandum
b. Operating Agreement(s): This includes OAs for both the Fund offering as well as the Manager entity and any entity owning 25%+ of the Manager entity
c. Subscription Agreement
d. Contracts: We review copies of certain material contracts between the Fund and any third-party providers (auditors, legal counsel, administrators, etc.)
Financial Information
a. Track Record: A spreadsheet reflecting all historical assets acquired by the Fund and the primary Sponsor managing the fund. This includes all assets currently owned/active assets as well as those that have gone full cycle. Upon receipt and review of the spreadsheet, Our Broker/Dealer then selects a subset of assets for further review and verification.
b. Fund Financial Statements: YTD and prior year end, if applicable
Investor Communication & Marketing Materials
a. Copies of the most recent (the last two periods) investor reports, newsletters, updates or other correspondence provided to existing investors in the fund
b. Slide decks, tear sheets, or other similar material used to market the fund

What kinds of returns can I earn?

There are two types of investments that investors may have access to when investing in real estate funds: debt and equity investments. If you hold an equity position, payments are typically on a quarterly basis, assuming there is sufficient cash to distribute after fees and expenses. Those payments fluctuate based on the Net Income generated by the fund and any sales of assets within the fund, contingent on available cash.

If you are a note holder, you may receive monthly payments at a set interest rate, either accrued or paid current depending on the investment, and assuming the fund generates sufficient cash to make payments on your note. You should review all offering documents thoroughly and consult with your investment, tax, and legal professionals before deciding what type of investment is best in your circumstances.

Are investment returns guaranteed?

No, investing in real estate is speculative and involves risk, including a loss of some or all of the investment principle. Investors should not invest more in any of the investments on the marketplace unless they can afford to lose their full investment.

What are the fees?

There is no charge for an investor to use Fund Sommelier’s marketplace. Real estate funds typically carry a management fee which may be in the range of 1%-3%. There may also be some additional fees and fund expenses outlined in each fund’s Private Placement Memorandum (i.e. origination or acquisition fees, capital raise fees to the broker-dealer, onboarding fees, tax preparation expenses, and other fees and administration costs). Consult the offering documents for any fund you are considering and talk to your investment professional to understand all fees that may apply prior to making a decision to invest in a fund.

How do I receive my investment proceeds?

The timing of when distributions begin will differ by offering, but generally once excess operating capital becomes available, it is supposed to be paid out to investors as outlined by the terms of the private placement memorandum for that offering. Typically it will be deposited into investors’ accounts via ACH.

How long will my capital be tied up and are there opportunities for liquidity?

The length of time your investment capital will remain tied up will vary depending on the fund type and the specific terms for a particular fund. Generally speaking:

Closed-End Funds: Closed-End Funds typically have a lifespan of 5-7 years.

Open-End “Evergreen” Funds: Note holders can expect a 1-3 year commitment for their funds. Equity investors generally have some right to request a redemption after a fixed period of time known as a “lockup period.” Redemptions are typically subject to available cash and made at the manager’s discretion. Redemption requests may take time to fulfill, and may not be honored prior to the wind down of a fund.

What kind of tax documents will I receive?

The type of document a fund manager will distribute to investors depends on the investment type.

Equity fund: Investors typically receive a Form K-1. It is important to note that due to the complex process dependencies involved in generating K-1s, fund managers generally expect to distribute K-1s after April 15th each year. Therefore, most real estate equity investors file their returns on an extended basis.

Debt fund: Note holders generally receive a Form-1099, typically by February 15th each year.

Can I speak with someone at FundSomm?

Absolutely - click here to schedule a call with a member of our team. We do not offer investment advice, but we will be happy to answer questions about the marketplace and how to narrow your investing options down based on your investment objectives.

Can I speak with the Fund Manager of an offering I’m considering?

We’re more than happy to help facilitate a call directly with the Fund Manager of an offering you’re considering an investment in. Please click here to send us a note so we can make an introduction to the appropriate folks.

Schedule a call with our highly experienced and FINRA-licensed team.

Do you:

Want some help understanding how to browse investment options on the marketplace or have questions about what kind of offerings we have?
Have questions about a specific offering?
Want to connect directly with one of our fund sponsors?

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This site is operated by Fairway America Capital Markets Group LLC (together with its affiliated and related companies, the “Company”). It includes information about real estate investment managers and investment opportunities in the private funds and similar entities that they manage (“Securities”). Securities offerings are speculative and involve substantial risks. Consider the risks outlined in the applicable investment offering documents before making any investment. Risks include, but are not limited to illiquidity, lack of diversification, complete loss of capital, default risk, and capital call risk. Investments may not achieve their objectives. Investors who cannot afford to lose their entire investment should not invest in such offerings. There is no guarantee that any stated valuations or other terms appearing on this website are accurate or in agreement with the market or industry terms or valuations.The information and materials contained on this website do not constitute investment advice. By accessing this site and any pages thereof, you agree to be bound by the Terms of Use and Privacy Policy. The fact that the Company has invested in any particular offering does not constitute and should not be considered a recommendation of any Securities, in part because Company’s investment criteria may differ materially from yours.All Securities 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. North Capital does not make investment recommendations and no communication, through this website or in any other medium, should be construed as a recommendation for any Security offered on or off this investment platform. Please review North Capital’s Form CRS and its background on FINRA’s BrokerCheck. This website is intended solely for qualified investors.