REM RE Fund I, LP
A multi-asset residential fund focused on value-add and opportunistic acquisitions in Southern California, primarily Los Angeles and Orange Counties. Targeting a 19% return with a 2.33x equity multiple over a projected 7-year fund life. Target return and equity multiple are projections, not guarantees. Accredited investors only. Investing involves risk.
19.00% target return · $50,000 minimum · 2.33x equity multiple · as of Oct 28, 2026
Why this one
REM RE Fund I, LP comes from PM Real Estate Services, a Los Angeles general contracting firm led by Pavan Maddi, who has more than 20 years of experience on residential and commercial real estate projects. The fund buys, renovates and builds homes across Southern California. Three things stand out on the deal page.
Capital already at work
The fund’s $5M of Class A capital is fully drawn and deployed. Class B investors join alongside a portfolio already in progress, with new capital going into both existing projects and new value-add acquisitions.
Three ways to add value
Fix and flip projects, single-family development for rent or sale, and garden-style multifamily development, concentrated in Los Angeles and Orange Counties, where housing supply has been tight for years.
An affiliated builder, and a strict filter
Construction runs through PM Real Estate Services, a licensed California general contractor, with brokerage and asset management through its affiliate Real Estate Mechanics. Fewer than 5% of sourced projects are approved for investment.
View REM RE Fund I, LP on Relli. Express Interest on the page for the full materials and a direct line to the sponsor. No commitment.
