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

A proven history of consistent expansion, driven by a thriving job market and a diverse cultural landscape
Where the Rocky Mountains meet art, culture thrives, and economic opportunities abound, offering an appealing fusion of lifestyle and investment potential
Denver Cityfund is acquiring assets in order to ramp up the fund

Investing in Denver is a strategic move beyond financial gain, encompassing a commitment to a lifestyle that balances work and leisure. The city's real estate market is thriving, offering a mix of opportunities from residential properties to commercial spaces, benefiting from the city's continued population growth and urban development. Denver's dedication to sustainability and outdoor amenities caters to a community that values an active, healthy lifestyle. With an array of cultural attractions, a burgeoning culinary scene, and a passion for the arts, Denver offers a high quality of life that resonates with professionals and families.

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 Denver.

Fund Performance

$/Share

$10.22

Appreciation

2.2%

Total Investors

215

Total AUM

$0

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.

2 Assets

As of November 21, 2024

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City Highlights

Population Rank

19th

Airport Arrivals Rank

3rd

10yr GDP Growth

61.5%

Zillow Home Price Index (HPI)

Nestled against the stunning backdrop of the Rocky Mountains, Denver offers more than just picturesque views. Its strategic location in the heart of the United States positions it as a central hub for commerce and transportation, making it a key player in national and international trade. The city's economy has diversified beyond its historical reliance on energy and mining, embracing a thriving tech scene, aerospace, healthcare, and more. This diversification has created a dynamic business ecosystem that caters to a wide range of industries, enticing investors seeking stability and growth potential. Denver's pro-business environment and a skilled workforce drawn to its quality of life further reinforce its position as a magnet for innovation and entrepreneurship.

In or out? When it comes to moving, more people are “in” on Denver

Denver Post

Well before tipoff, Denver economy gets assist from Nuggets’ NBA Finals run

Dener Post

United Airlines buying land in Denver as it pursues growth strategy

Reuters

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Fund Details

Strategy

Growth

Fund Status

Ramping Up

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.

Denver

$10.22

/ share

2.2%

Assets

Own a piece of Denver's promising landscape – a harmonious blend of business opportunities, Rocky Mountain charm, and cultural vibrancy that beckons strategic investors.

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.