Blog

Photo of Cairn
January 16, 2014 | Matt Burk

Some things take a long time to really understand and accept. The practical and functional limitations on where and how we raise capital vis-à-vis our particular asset model has probably been the most difficult of these for me over the...

Photo of Lake with Mountains
January 9, 2014 | Matt Burk

As I do in the final weeks of each year, I take time over the holidays to do some thinking and reflection. I like to review my goals from the past year to see how well (or poorly) I did on them, consider and set new ones for the...

Image of Old Map
December 6, 2013 | Matt Burk

I was talking with a client yesterday and we were commiserating on some of the challenges and issues that we all inevitably face in the private lending business. He was telling me how he was scrambling to get investor commitments for a...

Photo of 2+2 on Chalk Board
November 27, 2013 | Matt Burk

Last week I attended a local event put on by the Oregon Entrepreneurs Network call Pub Talk. The topic and title was "Mythbusters: Raising Start-up Capital." The...

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November 15, 2013 | Matt Burk

There are many myths held by private lenders and other deal originators on issues around making the transition from their current “single-deal” model to a pooled fund structure. It has become increasingly apparent to me how widespread...

Photo of Jetty in Fog
November 8, 2013 | Matt Burk

Attending the Opal Family Office conference in Napa the week before last reminded me how gigantic of a misunderstanding there is in the institutional world about the private lending space. We met lots of people in the exhibition hall...

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November 1, 2013 | Matt Burk

Last week Darris and I attended the Opal Financial Group’s conference in Napa, the Family Office and Private Wealth Management Forum – West. When we started the...

Photo of Will Work for Free Sign
October 18, 2013 | Matt Burk

In the private money world, originators need to obtain their capital from investors in order to have money to lend. There are a lot of different ways to structure that originator-investor relationship and each has their own pluses and...

Photo of Pasta
October 11, 2013 | Matt Burk

In dealing with originators and dealmakers all around the United States, I frequently get asked some version of the following question: “Do you think I have what is necessary to start a fund”? We meet a lot of people who have considered...

Photo of Sand Castle
October 4, 2013 | Matt Burk

Probably the main challenge in structuring a 506 Reg. D mortgage pool fund is to balance the operational needs and flexibilities of the manager with the features and controls desired by the investor. It is a very delicate balance and...

Photo of Eggs
September 27, 2013 | Matt Burk

One of the things I get asked all the time is whether or not I think it is desirable or wise to take on one big investor. As is so often my answer with fund managers, current and aspiring I respond, “It depends.” There are tradeoffs to...

Photo of Surfer
September 12, 2013 | Matt Burk

Providing capital to rehabbers, contractors, and “fix and flippers” is a booming business in the private lending world around the United States these days. Lack of new residential home building in the 2008–2010 period, record numbers of...

Photo of Light Bulbs
September 4, 2013 | Matt Burk

Since 2002, I have been a member of Entrepreneurs Organization (EO), precisely a decade after I started Fairway. EO has played...

Photo of Building Columns
August 23, 2013 | Matt Burk

We put on a webinar yesterday called “Fund Governance – What is it and Why Does it Matter.” It reminded me again of some really...

Photo of a Tailor
August 7, 2013 | Matt Burk

One of our company priorities in Q2 was to complete our “Sponsor Seller Servicer Guide” for Fairway America Fund VI. This was a very sizable undertaking, particularly in light of the myriad other things we have going on. The decision to...

Picture of Chalk Board with Reset Arrow
August 2, 2013 | Matt Burk

After 11 days on the road, I landed back in Portland yesterday afternoon. Four cities, five plane flights, two conferences, three client meals/outings, multiple other business meetings, five dinners with my wife, and more museum visits...

Photo of a Road
July 29, 2013 | Matt Burk

Last Sunday I left Portland, Oregon for he 2013 Opal Family Office/Private Wealth Forum in Newport, Rhode Island, about as far as one can travel and still remain in the continental United States. It was the beginning of an 11 day trip...

Photo of Shaking Hands
July 19, 2013 | Matt Burk

By now you have more than likely heard that the SEC recently, after more than a year past the original congressional deadline, commented on...

Photo of Bamboo
July 10, 2013 | Matt Burk

As we do every three months, our executives met offsite for one full day last week to do our quarterly strategic planning and to clarify and agree upon our priorities for Q3 2013. It is very difficult to pull oneself away from the fires...

Photo of Walking Man
June 27, 2013 | Matt Burk

As I write this latest post, I am on a plane from Portland to the Bay Area of Northern California to spend the next two days talking with investors, meeting with some potential clients and strategic alliances, and looking at some...

Photo of Pouring Water
June 19, 2013 | Matt Burk

One of the most misunderstood aspects of " target="_blank" title="Information on...

Photo of Fire Juggler
June 13, 2013 | Matt Burk

An entrepreneur who runs a private lending or small real estate asset-based business faces a range of issues and challenges that combine to make it very difficult to truly build an outstanding company that can stand the test of time....

Photo of Two on See Saw
May 29, 2013 | Matt Burk

I frequently get asked about whether or not it is a good idea to put debt against a mortgage pool fund. It seems to be a significant issue for many a fund manager and I have spent a lot of time with various clients discussing this key...

Business Man Holding Question Mark Sign
May 23, 2013 | Matt Burk

In our advisory and consulting practice, we have the unique opportunity to see a lot of funds and potential funds and talk with a...

Photo of Water
May 15, 2013 | Matt Burk

As I write this, I am on a plane from Las Vegas to Houston on my way to Panama City, Panama for Entrepreneurs' Organization's...

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