Syndication: Fairway America Vivo Rancho Cordova - Review

[Matthew Brown]

I'm looking to find others invested in the Fairway America Vivo Rancho Cordova syndication deal to discuss their experience with this investment and Fairway America, overall. 

Personally, I've felt the investment has been poorly run in almost every possible way. The updates they provide are bare bones and usually only come after I've reached out to them asking about the investment. The investment itself seems to have been under-performing since the very first quarterly report. You can't blame that on poor market conditions.

I've been in contact recently with the Fairway America team and they've been utterly useless. 

I know it's a long shot, but I'm currently having lawyers review the signed subscription documents to see if there's any way to minimize the losses here. 

I'd love to find some other people who are currently invested with Fairway America and - ideally - in this exact investment.

Thanks,

Matt Brown

[Ian Ippolito]

Quote from @Matthew Brown:

I'm looking to find others invested in the Fairway America Vivo Rancho Cordova syndication deal to discuss their experience with this investment and Fairway America, overall. 

Personally, I've felt the investment has been poorly run in almost every possible way. The updates they provide are bare bones and usually only come after I've reached out to them asking about the investment. The investment itself seems to have been under-performing since the very first quarterly report. You can't blame that on poor market conditions.

I've been in contact recently with the Fairway America team and they've been utterly useless. 

I know it's a long shot, but I'm currently having lawyers review the signed subscription documents to see if there's any way to minimize the losses here. 

I'd love to find some other people who are currently invested with Fairway America and - ideally - in this exact investment.

Thanks,

Matt Brown

Fairway has put out a ton of deals in a variety of real estate asset classes and strategies.

None were a match for me personally and many were not a strategy I wanted or too speculative (such as opportunistic strategy which is the riskiest strategy or investing in tertiary markets which also tend to be the first to go belly up when there is trouble etc).

You probably actually want to look at your operating agreement to see what rights you have to books and records, etc. Additionally, there typically are additional state protections (outside of the agreement) based on where the fund is located. For example Delaware has additional default rights and processes that an investor can follow if they feel they are not getting old books and records. A good securities law attorney will be able to advise you, on your specific situation.