Accredited Investors: Join the Cityfunds LIVE Presentation on 11/21 at 3 PM CST

A proven track record of consistent growth, driven by a resilient economy
Strong job growth, a growing population, and a business-friendly atmosphere
Dallas Cityfund’s assets have appreciated 15.40% since July, delivering strong returns for your investment

Investing in Dallas means more than figures; it's embracing a city reshaping its future: affordable living, robust job market, and diverse housing allure professionals. Rich culture, museums, cuisine, and arts add charm, resonating with investors seeking a complete urban experience. As Dallas diversifies its economy, tech, finance, and healthcare, investors stand at the forefront of an urban transformation, rewriting the narrative of success.

Our Dallas Cityfund paves the way for all to partake in the city's impending growth. As Dallas forges ahead with innovation and progress, our Cityfund effortlessly integrates into this exciting trajectory. This investment goes beyond owning real estate; it's about shaping the urban fabric, embracing Dallas's distinct identity, and actively contributing to the city's evolving story.

Our Cityfunds target the most sought-after real estate in the nation's most prosperous cities. What sets Cityfunds apart is that they are the only publicly accessible real estate funds that allow you to invest in a multitude of owner-occupied homes through our innovative home equity investment product, Homeshares. This groundbreaking approach now makes it possible for anyone to own fractional shares of the best homes in the best cities.

Now, no matter where you live, you can fulfill the desire of owning that home in Dallas.

Fund Performance

$/Share

$11.69

Appreciation

16.9%

Total Investors

1,173

Total AUM

$2.3M

Projected Return

$1,000

Projected Return

$500

Investment

$500

$100K

14% IRR

Target Return

12%

24%

7 Yrs

Hold Period

1 Year

10 Years

*The projections above are forward-looking statements that should not be relied upon as actual. Real estate investments come with risk as market conditions and business strategies may change, impacting financials considerably. Projections assume all dividends are reinvested.

About HEAs

Home equity investment agreements (which we refer to as “Homeshares”) allow homeowners to access cash from their equity without the burden of added debt or monthly payments while delivering highly accelerated & downside-protected assets to investors.

Home equity investment agreements are an emerging asset type, with only five or six asset originators operating within a $20+ trillion home equity market today. None of these originators make it possible for individual investors to gain access to this asset, instead they deal exclusively with a few private institutions. Nada is the first to make this asset accessible to individuals and smaller firms through its Cityfunds investment product. Home equity investment agreements have proven to be an established and institutional-grade asset, similar to the mortgage debt market products, with nearly $1 billion in unrated securitizations over the past two years, and most recently another $528 million in rated securitizations with the rating agency, DBRS Morningstar.

Historically, investors have not been able to access the home equity sector due to the lack of institutional-grade assets and the absence of a publicly available private real estate fund that has this type of deal flow. Nada, through its wholly-owned subsidiary Nada Loans, LLC, is capable of sourcing and originating home equity investment agreements through its in-house licensed mortgage brokerage origination and underwriting team.

33 Assets

As of November 21, 2024

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City Highlights

Population Rank

4th

Airport Arrivals Rank

2nd

10yr GDP Growth

42.0%

Zillow Home Price Index (HPI)

Situated at the crossroads of business and innovation, Dallas boasts a strategic geographical advantage, making it a pivotal hub for national and international commerce. The city's pro-business environment, characterized by favorable tax regulations and an entrepreneurial spirit, nurtures a thriving ecosystem of startups and established enterprises. Dallas has become a hotbed for technology companies, with a rapidly expanding tech sector that has drawn top talent and fostered innovation. This technological renaissance is further fueled by the city's commitment to infrastructure development, ensuring a seamless environment for businesses to thrive.

Wall Street’s Seismic Shift Propels Dallas Past Chicago, LA

Yahoo Finance

North Texas housing draws out-of-state interest

Axios

How Dallas-Fort Worth became America's boomtown

Axios

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Fund Details

Strategy

Growth

Fund Status

Performing

Target Return

12-16% IRR

Dividends

Event-based

Term

Open-ended

Management Fee

1.5% per year

Acquisition Fee

1.0%

Tax Form

1099-DIV

Liquidity

Cityfunds expects that after a series primary offering has concluded, the "PPEX" ATS, which we will refer to as "Secondary Trading Platform," will be a venue made available for the resale of such series' interests (referred to as “shares”).

Management Team

Our Home equity investment agreement assets are sourced through a targeted strategy, rigorous diligence processes, an experienced team, and a commitment to transparency with all stakeholders. Cityfunds Manager, LLC, which is owned and managed by Nada is led by Tore Steen, John Green, Sundance Brennan, Justin Wang, and Jeremy Males, with 50+ years of industry experience and management of $1B+ in assets.

The Manager and the Cityfunds Series funds are uniquely well suited to be the source of underlying residential real estate investments because of their unprecedented ability to provide access to the $30+ trillion home equity sector of the residential real estate market.

Tore Steen

CEO

John Green

Co-Founder & COO

Sundance Brennan

VP of Acquisitions

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Risk Management

Nada supports Cityfunds and its investors through a two-stage, bottoms-up approach to mitigating risks. First, is our asset selection framework for home equity investment agreements. Second, we build investor protections directly into the home equity investment contract. Nada’s secured equity position comes with certain rights and protections and allows them to intervene and protect the interests of all equity holders in the underlying property.

Downside Protection: Home equity investment agreements are made with an average 10-15% discount to the home’s appraised value, protecting investors from home value declines and prepayments.

Secured Interests: Home equity investment agreements are secured and recorded with a Deed of Trust /Mortgage, typically behind the primary mortgage and above the homeowner (like a HELOC).

Structured Payouts: Homeowner payouts triggers established within the contract, most commonly by liquidity-driven transactions, such as a home sale or cash-out refinance.

Protective Covenants: Homeowner retains ownership—and must maintain and keep the asset unencumbered.

Right of First Refusal (ROFR): Contracts have a ROFR clause to protect against below-market transactions.

Quality Credit & Collateral: Most homeowners use their cash to reduce debts, improve their credit profile, and invest in their homes.

Related Documents

Offering Memorandum

Subscription Agreement

Risk Factors

Management

Description of Business

Description of Securities

Terms of Investment

Additional Information

* Past performance is not indicative of future results. No assurance can be provided that the market or the value of our investments will appreciate or will not depreciate in value.

Dallas

$11.69

/ share

16.9%

Assets

Own a piece of Dallas' thriving potential – a nexus of innovation, business allure, and cultural richness.

Note: These graphics are purely hypothetical and for illustrative purposes only and are not intended to reflect future returns or portfolio performance in any way. The value of our properties and investments may increase or decrease.

Nada Holdings, Inc. ("Nada"), as a manager of Cityfunds I, LLC (“Cityfunds”) operates the www.nada.co website (the "site") and the mobile-based app (the "App") and is not a broker-dealer or investment advisor. All securities ("shares") related activity is conducted through Dalmore Group LLC, a registered broker-dealer and member of FINRA/SIPC, located at 525 Green Place, Woodmere, NY 11598. You can review the brokercheck for Dalmore.

You should speak with your financial advisor, accountant and/or attorney when evaluating any offering. Neither Nada, Cityfunds, nor Dalmore makes any recommendations or provides advice about investments, 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. The Site may make forward-looking statements. You should not rely on these statements but should carefully evaluate the offering materials in assessing any investment opportunity, including the complete set of risk factors that are provided as part of the offering circular for your consideration.