- A consistent embodiment of vibrant culture, stunning beaches, and a thriving economy
- Your ticket to sun, style, and savvy financial gains, where beachfront beauty meets prime investment potential
- Miami Cityfund’s assets have appreciated 15.10% since July, delivering strong returns for your investment
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.
Fund Performance
$11.70
17.0%
1,103
Projected Return
$1,000
$2,500
$3K
$500K
14% IRR
12%
24%
5 Yrs
*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 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.
16 Assets
City Highlights
9th
9th
59.0%
Fund Details
Growth
Performing
12-16% IRR
Event-based
Open-ended
1.5% per year
1.0%
K-1
Management Team
Risk Management
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
* 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.
Miami
$11.70
/ share
17.0%
15
Assets
© 2024 Nada Holdings, Inc. and/or its affiliates. All rights reserved. Nada is a registered service mark of Nada Holdings, Inc.
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.