Storeys Fund · Accredited Investors Only
$10M to acquire cash-flowing senior care real estate in Southern California.
Two deals in the acquisition pipeline. Full-cash acquisitions of cash-flowing and value-add RCFE facilities with disciplined underwriting and hands-on operations.
Fund at a Glance
$10M
Total raise target
2 Deals
In acquisition pipeline
Full Cash
Financing structure
Reg D 506(c)
Accredited verification req.
Deals in Pipeline
Both deals are Southern California RCFE facilities, acquired full-cash (no leverage). Deal 1 is under contract; Deal 2 is pending contract and due diligence.
Deal 1 · Under Contract
Cash-Flowing
Value-Add
Cash-Flowing + Value-Add RCFE Acquisition
Acquisition price
$2.3M
Structure
All-cash
Deal 2 · Pending Contract & DD
RCFE Acquisition
Acquisition price
$2.0M
Structure
All-cash
Fund Terms
8%
Preferred return (compounded)
2%
Annual management fee
30%
GP promote / carry
70/30
LP / GP split above pref
20-25%
Illustrative 5-Yr deal-level IRR, value-add deal (conservative underwriting)
Underwriting note: exit value assumes appreciation only — no rent-rate increase and no appraisal premium for added beds is assumed. IRR reflects deliberately conservative inputs.
5 Years
Target hold / liquidity event per deal
Yr 5+
JV preferred buyout option on JV-structured deals, after 5-year hold
Reg D
506(c) — accredited investors only
Want the full data sheet?
15 minutes to walk through both deals, fund terms, and how capital deploys — then decide.
Book a Call with VineetFor informational purposes only. Not an offer to sell securities. Accredited investors only.