Exclusive: Invest in Nada, Creator of Cityfunds! Limited Spots Left

Learn More

Phoenix
  • A demonstrated history of sustained real estate market expansion, supported by a robust economic landscape

  • Where desert warmth, culture, and economic vitality come together, offering a unique blend of lifestyle and investment potential

Investing in Phoenix extends beyond traditional financial gains; it's an opportunity to be part of a city redefining urban living in the American Southwest. The real estate market in Phoenix is booming, driven by a surge in population and urban development initiatives that are revitalizing neighborhoods and creating new communities. The city's commitment to sustainable practices and its vibrant arts and cultural scene add to its appeal to residents and investors. With a favorable climate and a range of recreational activities, Phoenix offers a high quality of life that caters to a diverse demographic.


Our Cityfunds target the most sought-after real estate in the nation's most prosperous cities. What sets Cityfunds apart is that they are the only publicly accessible real estate funds that allow you to invest in a multitude of owner-occupied homes through our innovative home equity investment product, Homeshares. This groundbreaking approach now makes it possible for anyone to own fractional shares of the best homes in the best cities.


Now, no matter where you live, you can fulfill the desire of owning that home in Phoenix.

City Highlights

Population Rank

Info

10th

Airport Arrivals Rank

Info

12th

10yr GDP Growth

Info

38.0%

Zillow Home Price Index (HPI)

As the fifth-largest city in the United States, Phoenix boasts a strategic location that bridges the gap between major West Coast markets and the rest of the country. This connectivity, a proactive approach to business development, and favorable tax incentives have fueled a thriving entrepreneurial environment. The city's reputation as a technology hub is rapidly growing, with an influx of tech companies and startups drawn to its affordable cost of living and collaborative business ecosystem. Phoenix's dedication to innovation is evident through initiatives like the Phoenix Innovation District, which fosters partnerships between the city, universities, and private enterprises, ensuring a fertile ground for groundbreaking ideas to flourish.

Fund Details

Strategy

Info

Growth

Fund Status

Info

New Offering

Target Return

Info

18.0% IRR

Liquidity

Info

Yes

Dividends

Info

Quarterly

Term

Info

Open-ended

Management Fee

Info

1.5% per year

Acquisition Fee

Info

1.0%

Tax Form

Info

1099-DIV

Management Team

Cityfunds Manager, LLC, which is owned and managed by Nada is led by John Green, Mauricio Delgado, Sundance Brennan, Jeremy Males, and Justin Wang, with 50+ years of industry experience and management of $1B+ in assets.


The Manager and the Cityfunds Series funds are uniquely well suited to be the source of underlying residential real estate investments because of their unprecedented ability to provide access to the $20+ trillion home equity sector of the residential real estate market. Home equity investment agreement assets are sourced through a targeted strategy, rigorous diligence processes, an experienced team, and a commitment to transparency with all stakeholders.


Each of the Cityfunds Series funds creates a thematic, index-like exposure to a single city’s home equity market through diversified portfolios of home equity investment agreements. Cityfunds Series funds are able to unlock access to some of the most in-demand real estate markets by investing in owner-occupied homes through the home equity investment agreement asset type.

John Green

Co-Founder & CEO

Mauricio Delgado

Co-Founder & CSO

Sundance Brennan

VP of Revenue

1 / 2

Cityfunds Live Q&A

Upcoming Webinar

Join our free live webinars! Hosted by Cityfund’s leadership, we cover the real estate market, cityfund investing, relevant current events, new product launches, and more.

Cityfunds Live Q&A

May 16, 2024 at 11:00 PM CST

Risk Management

Nada supports Cityfunds and its investors through a two-stage, bottoms-up approach to mitigating risks. First, is our asset selection framework for home equity investment agreements. Second, we build investor protections directly into the home equity investment contract. Nada’s secured equity position comes with certain rights and protections and allows them to intervene and protect the interests of all equity holders in the underlying property.


Downside Protection
: Home equity investment agreements are made with an average 10-15% discount to the home’s appraised value, protecting investors from home value declines and prepayments.


Secured Interests
: Home equity investment agreements are secured and recorded with a Deed of Trust /Mortgage, typically behind the primary mortgage and above the homeowner (like a HELOC).


Structured Payouts
: Homeowner payouts triggers established within the contract, most commonly by liquidity-driven transactions, such as a home sale or cash-out refinance.


Protective Covenants
: Homeowner retains ownership—and must maintain and keep the asset unencumbered.


Right of First Refusal (ROFR)
: Contracts have a ROFR clause to protect against below-market transactions.


Quality Credit & Collateral
: Most homeowners use their cash to reduce debts, improve their credit profile, and invest in their homes.

Related Documents

Offering Memorandum

Document

Risk Factors

Document

Management

Document

Description of Business

Document

Description of Securities

Document

Terms of Investment

Document

Additional Information

Document

* Past performance is not indicative of future results. No assurance can be provided that the market or the value of our investments will appreciate or will not depreciate in value.

Phoenix

$10.00

/ share

New

New

Own a piece of Phoenix's desert dynamism – where economic growth, technological innovation, and vibrant living intertwine.

© 2024 Nada Holdings, Inc. and/or its affiliates. All rights reserved. Nada is a registered service mark of Nada Holdings, Inc.


Note: These graphics are purely hypothetical and for illustrative purposes only and are not intended to reflect future returns or portfolio performance in any way. The value of our properties and investments may increase or decrease.


Nada Holdings, Inc. ("Nada"), as a manager of Cityfunds I, LLC (“Cityfunds”) operates the www.nada.co website (the "site") and the mobile-based app (the "App") and is not a broker-dealer or investment advisor. All securities ("shares") related activity is conducted through Dalmore Group LLC, a registered broker-dealer and member of FINRA/SIPC, located at 525 Green Place, Woodmere, NY 11598. You can review the brokercheck for Dalmore.


You should speak with your financial advisor, accountant and/or attorney when evaluating any offering. Neither Nada, Cityfunds, nor Dalmore makes any recommendations or provides advice about investments, and no communication, through this website or in any other medium, should be construed as a recommendation for any security offered on or off this investment platform. The Site may make forward-looking statements. You should not rely on these statements but should carefully evaluate the offering materials in assessing any investment opportunity, including the complete set of risk factors that are provided as part of the offering circular for your consideration.