Posts Tagged ‘America’s’

Fairway Americas Client DREAM Capital Management Launches Its First Proprietary Distressed Debt Acquisition Fund, Distressed Real Estate and Mortgage Fund I, LLC

Sunday, August 17th, 2014


(PRWEB) August 07, 2014

Fairway America, LLC (Fairway), a Portland OR based real estate asset based advisory and investment firm, played the lead role in consulting, advising and guiding the structure and formation of the Distressed Real Estate and Mortgage Fund I, LLC (DREAM or the Fund), based in the greater New York City metropolitan area. The Funds Manager, DREAM Capital Management(DCM) is owned and operated by long time Tri-state area residents Robert Napolitano and Todd Royer.

Mr. Napolitano has been passionate about real estate since his youth, learning from his immigrant father who came to the United States and began investing in real estate more than 50 years ago. My father drove a bus in Manhattan for more than 40 years, said Napolitano, and he saved and skimped to buy his first rental house. Over time he bought and sold many of them and the financial independence he achieved doing it made a great impression on me. Napolitano used these formative experiences as a motivation to create a career in the real estate business, with a focus on real estate finance.

Sensing trouble in the mid-2000s during the subprime heyday, Napolitano decided to spend time learning the more technical legal side of the real estate business in anticipation of a wave of defaults. The practices that were going on those days in the mortgage business made me think there were going to be lots of problems with foreclosures based on the crazy loans being made, and I wanted to learn how to bring value to the market in the coming downturn, which I felt was inevitable, said Napolitano. He spent time focusing on the foreclosure market and began to craft the strategy that today is the foundation of DREAMs investment focus. I believe there is a long term opportunity in helping people solve difficult problems that arise as a result of lifes circumstances, and do well financially, in the process, for ourselves and our investors. I also felt a pooled investment fund was perfect for us to be able to execute on this vision.

Napolitano first ran into Fairway at the American Association of Private Lenders (AAPL) conference in Las Vegas in the fall of 2012. When he saw a panel session featuring Fairways CEO, Matt Burk, he knew right away these were the guys to help him realize that vision. The depth of their experience and comprehensiveness of their approach were just what I was looking for, said Napolitano. I had been trying to figure out how to put DREAM together and saw that these were the people to truly help me. Having now gone through their complete fund launch consulting engagement, I am ecstatic with that decision, as I have a complete and thorough knowledge and understanding of exactly what we are doing as we launch our fund. Fairway has been invaluable in helping us get this off the ground.

DREAM has also engaged Fairway to handle the ongoing back-end administration for all of the Funds activities. Having Fairway on our team going forward will make a huge difference to us as we grow our Fund, said Royer, who will head DREAMs ongoing operational functions. Their processes, systems, and support give us a great deal of confidence that will help us inspire that same confidence in our investors as we move forward. We can focus on raising capital and finding investment opportunities that meet our criteria and know all the important fund administration details are being handled professionally by an experienced and capable group of people. DREAM is launching in August 2014 and accepts accredited investors only.

About Fairway America

Fairway America, LLC is a longtime real estate lender, fund manager and boutique real estate finance advisory firm providing strategic business planning services nationwide to select private money lenders and real estate asset based dealmakers around the structure, architecture, and administration of proprietary 506 Regulation D SBRE funds. Fairway America Management Group II is the manager of Fairway America Fund VII, LLC, which invests in other 506 Regulation D SBRE funds nationwide.

About Distressed Real Estate and Mortgage Fund I

Distressed Real Estate and Mortgage Fund I, LLC is a 506 Regulation D SBRE fund that invests in opportunistic real estate debt and equity in the eastern United States. The Fund invests in both residential and commercial real estate asset based opportunities and accepts accredited investors only.







Homes.com Names America’s “Top 10 Cities to Raise a Family”

Thursday, September 27th, 2012


Norfolk, Va. (PRWEB) September 26, 2012

Raising a family is an incredible undertaking, and finding the perfect city for your family is an important decision for many parents. Locating the right combination of a perfect school, family-friendly activities and a home for the entire family can be quite a feat. Searching for the right home for your family begins with picking a city and reviewing the surrounding neighborhoods and their offerings. Homes.com, a leading real estate listing site, researched some of Americas favorite locales to uncover the top 10 family-friendly cities.

The Homes.com Top 10 series is designed to guide consumers through every phase of life, from choosing the perfect place for summer vacation, to discovering the best cultural cities. The latest list of best places to raise children highlights cities across the country that are family-friendly and offer great educational, cultural and work opportunities.

At Homes.com, we know finding the perfect city to raise your children is important to you, said Wendy Froehlich, vice president of marketing for Homes.com. So we put together this Top 10 list is comprised of well-known cities such as Boston, Mass. and Raleigh, N.C., as well as lesser known locales like Pocatello, Idaho. Each city has a unique charm with the ideal mix of work and play for every American family.

Homes.com Top 10 Family-Friendly Cities

1. Blacksburg, Va.

In 2011, Business Week named Blacksburg the Best Place in the U.S. to Raise Kids. Home to Virginia Tech, Moog Inc. and the National Weather Service, Blacksburg has a great educational base as well as plenty of economic opportunities. The city is known for its affordable living costs, low crime rates and exceptional schools. Blacksburg is brimming with family-friendly amenities and features a community center with an indoor pool and a nine-hole municipal golf course.

2. Raleigh, N.C.

One of the fastest growing cities in the country, Raleigh combines a big city look with a small town feel. The city is noted for its affordable family housing, low crime rates and high median family income, as well as one of the strongest school districts in North Carolina. Raleigh, located in the Wake County School District, has more than 70 excellent schools including Raleigh Charter High School, which is consistently ranked as one of the best schools in the state.

3. Plano, Texas

From the Spanish word flat, Planos culture and environment are anything but. Home to several corporate headquarters including Dell Services, Dr. Pepper, Snapple Group, Alliance Data and Cinemark Theatres, Plano has an abundance of employment opportunities for parents. Consistently topping Forbes magazines safest cities in America list, its police department is one of the few in the country that requires officers to have a four-year college degree. Plano was given a national award for excellence for its Neighborhood Watch in 2011.

4. Tampa, Fla.

Tampa is the fourth most popular search on Homes.com, due in part to its reputable school district. The district has a student-teacher ratio of 13.5:1, less than the national average of 15.4:1. Residents enjoy warm weather year-round and have only a short drive to enjoy the Gulf Coasts pristine beaches. Families look forward each year to the citys annual Gasparilla Festival, a pirate-themed celebration including parades, a Childrens Extravaganza, music festival and marathon. The Port of Tampa is Floridas largest port and seventh largest in the country. It contributes billions of dollars each year into the regions economy.

5. Boston, Mass.

Boston is consistently recognized for its education, economy, culture, sports and rich history. Boston ranks third in livability and sixth in economy among U.S. cities. Home to several prestigious universities including Harvard, Boston University and Brown, Boston also boasts the largest pediatric research center in the world and the iconic Boston Childrens Museum, a dynamic facility with exhibits and hands-on learning experiences for children of all ages.

6. Rochester, Minn.

With fewer than 200 violent crimes per 100,000 residents, Rochester is one of the safest cities in America. Home to the Mayo Clinic, which employs more than one-third of the population, Rochester also boasts a rich history and an extensive park system. Many downtown buildings are part of the National Register of Historic Places, and the Root River and Douglas State Trails are great outdoor destinations for families.

7. Pocatello, Idaho

Families seeking a smaller city will enjoy Pocatello. Boasting safe neighborhoods and a low cost of living, the city offers several family-friendly activities including the Pocatello Zoo, Idaho Museum of Natural History and Ross Park Aquatic Complex. Families looking for an easy day trip can visit nearby places including Salt Lake City, Yellowstone National Park and the Rocky Mountains. Families will build memories enjoying the citys recreational options and exploring the great Northwest.

8. Phoenix, Ariz.

Phoenix is the sixth most populous city in the U.S. and third most improved city according to rental searches on Homes.com. The city is home to seven Fortune 500 companies and has an active high-tech and telecommunications industry. Its many recreational activities are also a major draw for families. South Mountain Park and Preserve, the largest municipal park in the world, covers 16,500 acres and has more than 50 miles of biking, hiking and equestrian trails. Avid sports fans enjoy the best-attended PGA tour event each February at TPC Scottsdale, and Phoenix is one of only 13 cities that boast teams in all four major professional sports leagues.

9. Honolulu, Hawaii

A popular vacation spot, Honolulu shouldnt be overlooked by families as a great place to raise kids. Meaning place of shelter, Honolulu has 470 high-rise buildings, placing the city fourth behind New York, Chicago and Los Angeles. The city enjoys a strong economy, cultural and artistic attractions, and a thriving school system. More than 14 Honolulu schools have been presented with the Department of Education Blue Ribbon School for Excellence Award. With a 20-minute commute from one end of the city to the other, Honolulu offers hundreds of beaches and is an ideal location for daily family fun.

10. Lincoln, Neb.

With more than 100 parks, countless trails, a bustling metropolitan area and dozens of annual events, its hard to imagine getting bored in this city. Lincoln has a strong community feel and features numerous arts, cultural and family-friendly activities. Its International Thespian Society, Lincoln County State Fair, Capital City Ribfest, Lincoln Childrens Zoo and Sunken Gardens can be enjoyed by parents and kids alike.

Families curious about owning or renting a home in any of these family-friendly locales can visit Homes.com for the best homes from North Carolina to Hawaii and everywhere in between.

For photos and more information about Americas most family-friendly cities, visit the Homes.com blog (blog.homes.com).

About Homes.com

As one of the nations top online real estate destinations, Homes.com inspires consumers to dream big. From affordable houses to luxurious estates, condos, apartments and more, Homes.com features more than four million property listings and a user-friendly format, making finding your next home or a licensed real estate agent easy. Visitors to the Homes.com blog will find a collection of rich content and posts on DIY projects, painting, gardening and more, providing the ultimate resource for everything home related. From purchasing a first home, to upgrading, downsizing and everything in between, Homes.com is an inspiring and engaging partner in every phase of the home-buying process. For more information, visit http://www.homes.com or blog.h