Blog

Photo of Book Piles
November 20, 2014 | Matt Burk

There is nothing like going on the road and attending various conferences and events to get a sense of what is going on in a given space, market or vertical, or even just in entrepreneurial endeavors in general. Over the past two weeks...

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October 31, 2014 | Matt Burk

In 1999, I decided to move from doing hard money loans one investor, one deal at a time, to creating a pooled investment fund that would allow me more autonomy and speed in decision making and closing loans and make it easier (I thought...

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October 10, 2014 | Matt Burk

Depending on what source and which statistic one believes, accredited investors account for only about 3-4% of the U.S. population. People who have reached this level of financial achievement have, under U.S. securities law, access to...

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September 25, 2014 | Matt Burk

On the one hand, there are many thousands of individual high net worth accredited investors across the United States who are seeking well-secured, attractive returns uncorrelated to the broader equity markets. On the other hand, there...

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September 11, 2014 | Matt Burk

Greetings! I am writing this aboard a plane heading back to Portland from Los Angeles on a gorgeous, late summer day high above the West Coast of the United States. My colleague,...

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August 8, 2014 | Matt Burk

We all see the world through our own lenses and communicate thoughts, ideas and opinions that are filtered through those lenses. I am no exception to this universal rule and I realize that the experiences I have had and the biases my...

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July 24, 2014 | Matt Burk

As we prepare to launch Fairway America Fund VII, whose...

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July 14, 2014 | Matt Burk

A hot topic of conversation lately that I’ve been asked about many times over the last few months is crowdfunding. What do I think about it? Do I think it is applicable to real estate funds? How do I see it impacting the small balance...

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June 26, 2014 | Matt Burk

Last week I wrote about what I believe are the pros and cons on investing in real estate based assets in the “one-deal-at-a-time” model. Owning rental property directly and investing in trust deeds (whole loans) are probably the two...

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June 12, 2014 | Matt Burk

Our recent webinar series on raising capital for discretionary real estate asset based funds has precipitated many questions to us the past few weeks. A major theme we focused on was the difference between what I call the “active”...

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May 29, 2014 | Matt Burk

What exactly do I mean by “Small Balance Real Estate” (SBRE) and what is a small balance real estate business? I am asked this question frequently. Since we more or less created the phrase and only started using it recently, people...

Image of SBRE Investment Summit Logo
May 20, 2014 | Matt Burk

This week I thought I’d depart a little from my customary format and spend a few minutes explaining our mission and thoughts behind the event Fairway America is putting on this October, the “Small Balance Real Estate Investment Summit...

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May 12, 2014 | Matt Burk

There are many challenges when making the leap from the one-deal-at-a-time model to the pooled investment fund model. As I have written about extensively, getting the fund structure right and architecting it properly given any...

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April 24, 2014 | Matt Burk

Today I thought I’d focus on another topic that seems to cause a great deal of confusion as well as practical challenges in raising capital for SBRE funds. It is one that I see people continually encounter and struggle with. The issue I...

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April 10, 2014 | Matt Burk

Raising capital in a discretionary SBRE fund is hard. The autonomy that you are requesting as Manager to make investment decisions without specific deal by deal approval from your investors necessitates that you engender in your...

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April 3, 2014 | Matt Burk

I am writing this on my long trip back to Portland from Miami today, returning from the...

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March 24, 2014 | Matt Burk

Raising capital is hard. It is demanding. It requires strategy, discipline and commitment. Matching the timing of one’s deal flow with obtaining the capital to fund it, in the timeframe in which a deal needs to close, (which often is...

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March 13, 2014 | Matt Burk

The last several weeks I have written about the “small balance real estate (SBRE) dilemma,” which is very palpable and very real, as I witness every day in my discussions with clients and market participants all over the U.S. The desire...

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March 4, 2014 | Matt Burk

The nature of any small balance real estate fund’s asset model determines (or should determine) the capital structure of that particular fund, and this drives the practical limitations of the capital raising strategy. As I have written...

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February 20, 2014 | Matt Burk

The great advantage of a fund over the one-deal-at-a-time model is that you are selling the same investment over and over again instead of something unique and different every time. This fact logically lends...

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February 13, 2014 | Matt Burk

Last week I defined the Small Balance Real Estate (SBRE) dealmaker’s dilemma as the difficult and challenging choice to move from their current constraining capital model to one that provides more reliable access to timely, cost-...

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February 6, 2014 | Matt Burk

The small balance real estate world is highly fragmented and inefficient. The relatively modest size of deals is what makes it easier for many small, non-institutional players to be involved. The lack of interest in small deals by most...

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January 30, 2014 | Matt Burk

Time and again the number one issue we encounter with clients, fund managers and other dealmakers around the U.S. is raising capital. “How can I raise capital for my fund/deals? Can you help us raise capital?...

Photo of Croc
January 23, 2014 | Matt Burk

The real focus of our work with private lenders and other real estate dealmakers is helping them anticipate, understand and effectively manage the dynamics of moving from the one-deal-one-investor at a time model (and/or syndication,...

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