REM RE Fund I, LP

REM RE Fund I, LP is a multi-asset residential investment fund focused on value-add and opportunistic acquisitions throughout Southern California. The Fund pursues a three-prong strategy across fix and flip projects, single-family development (build-to-rent and build-to-sell), and garden-style multifamily development, primarily concentrated in Los Angeles County and Orange County. The Fund has already deployed $5M in Class A capital and is now open to Class B investors to participate in an expanded acquisition pipeline.

Why This Opportunity

• Proven first-phase execution: Class A capital of $5M is fully drawn and deployed, with Class B investors entering alongside an already-performing portfolio rather than a blind pool

• Three-prong diversified strategy: Capital is allocated across fix and flip projects, single-family developments, and multifamily developments to balance short-duration capital recycling with longer-term development upside

• Supply-constrained target markets: Southern California's persistent housing shortage, restrictive zoning, and 10M+ population in LA County alone create structural tailwinds for residential value creation

• Disciplined acquisition criteria: Renovation projects are targeted at 50-70% of after-repair value, and fewer than 5% of sourced projects are ultimately approved for investment

• Vertical integration: The Fund works directly with affiliated entities Real Estate Mechanics (brokerage and asset management) and PM Real Estate Services (general contracting) to maintain tight control over acquisition, construction, and disposition

• Projected returns: 19.0% target return with a 2.33x equity multiple over a 7-year hold

Deal Structure

• Fund size: Up to $50M total commitments ($5M Class A already closed, up to $45M Class B currently open)

• Minimum investment: $50,000 (Class B) or $100,000 (Class A)

• Fund domicile: REM RE Fund I, LP, with REM RE Fund I GP, LLC serving as General Partner

• Investment horizon: 7-year fund life, with no additional long-term projects acquired after Year 5

• Leverage: Up to $60M line of credit at an 8% estimated interest rate, structured at a maximum 55% loan-to-cost

Investor Classes

• Class A: $100,000 minimum, 17.25% target IRR, 3.5x equity multiple, 8% preferred return

• Class B: $50,000 minimum, 19.0% target IRR, 3.0x equity multiple

Class A capital is fully drawn at closing. Class B investors participate alongside the existing Class A portfolio with capital deployed into both existing appreciated projects and new value-add acquisitions.

Three-Prong Investment Strategy

• Fix & Flip / Fix & Hold: Distressed residential properties acquired at 50-70% of after-repair value, renovated and sold within 6-8 months targeting 12% profit per property. Properties generating 6%+ cap rates are retained as long-term holds

• Single-Family Development (BTR and BTS): Land and heavily distressed properties acquired at land value minus demolition cost. Full acquisition-through-disposition cycle of 24-36 months. Stabilized rental projects refinanced through Freddie Mac or Fannie Mae agency debt

• Multifamily Development: Low to medium density garden-style or mid-rise complexes up to 50 units, targeting municipalities actively mitigating housing shortages through density bonuses and streamlined permitting. Target 6%+ cap rate on both rental and resale product

Geographic Focus

1st priority markets are Los Angeles County and Orange County, with secondary allocation to San Diego and Ventura Counties and additional consideration for San Bernardino, Riverside, Kern, and Santa Barbara Counties.