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Fairway America Announces Centauri Fund: A Pooled Investment Vehicle for Loans and Rehabs

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Centauri and has quickly become known in the small balance real estate space as the go-to experts for creating high quality funds that appeal to investors.

Upland, CA (PRWEB) July 09, 2014

Fairway America, LLC (“Fairway”), a Portland OR based real estate asset based advisory and investment firm, is pleased to announce the formation of the Centauri Fund, LLC (the “Fund”), to be led by long-time and respected Los Angeles based real estate veterans Juan Carlos Quiroz-Zolezzi and Oscar A. Quiroz. In the last 18 months, Fairway has advised or consulted on over 20 new proprietary 506 Regulation D pooled investment funds such as Centauri and has quickly become known in the small balance real estate space as the go-to experts for creating high quality funds that appeal to investors.

Through their existing Southern California based real estate and private money lending business, the Quiroz brothers have built a solid track record of loans and rehabs, with a vertically integrated model. The pooled investment fund represents a logical expansion and evolution of their business model and provides the flexibility they have been looking for to capitalize on their 10 years of marketplace experience. “It is always a pleasure to work with clients such and Juan and Oscar”, said Fairway America CEO, Matt Burk. “They had a clear grasp on their strategy and positioning for their fund which makes our job as fund consultants easy and enjoyable.”

Fairway will also handle the ongoing back-end administration for the Fund’s activities, bringing the Fund experience, insight, and credibility that will allow management to focus on its core strength and experience in deal structure and acquisition. “Clients such as Centuari are exactly what we are looking for”, said Lance Pederson, Fairway’s COO and head of Fund Administration. “We really enjoy working with clients that understand their strengths and appreciate our clear value proposition as a complementary piece of their operations. We are looking forward to getting started with Centauri as their Fund goes live this summer.”

The Fund will also participate in Fairway’s Small Balance Real Estate (SBRE) Summit in Seattle WA in October. “We are really looking forward to being involved with the platform Fairway has created with the Small Balance Real Estate Summit,” Quiroz-Zolezzi mentioned. “I believe that the combination of learning, networking, and peer-to-peer experience sharing at that event will help us tremendously.”

About Fairway America
Fairway America, LLC is a long-time real estate lender, fund manager and boutique real estate finance advisory firm providing strategic business planning services nationwide to select private money lenders and real estate operators around the structure, architecture, and administration of proprietary 506 Regulation D mortgage pool funds. Fairway America Management Group is the manager of Fairway America Fund VI, LLC, an acquirer of small balance real estate secured loans and investments nationwide.

About Centauri Management, LLC
Juan Carlos Quiroz-Zolezzi and Oscar Quiroz are principals of Centauri Management, LLC, and run Forza Loans Inc., one of Southern California’s premier hard money lenders for short term rehab and ”fix and flip” loans. In addition to holding a law degree from Universidad Panamericana in Mexico City, Juan Carlos has more than 10 years of experience in the real estate industry, including a California broker’s license. As President of Western Pacific Development and Construction, Juan Carlos oversaw the development, construction, and sale of over 600 residential units in Southern California. Reported by PRWeb 1 hour ago.

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