Structured Promissory Notes. Defined Interest.
Long-Term Real Estate Focus.
Private Promissory Notes offering fixed-interest exposure to real estate, backed by tangible assets.
Offered under Rule 506(c) of Regulation D to verified accredited investors only.
HOLDINGS
Structure
506(c) Reg D
Note Classes
Class A 8% · Class B 6%
Minimum Investment
$25,000
Current Holdings
1 property
Location
Miami, FL
Payment Schedule
Semiannual
Why Invest in This Fund
SREI Fund offers a clearly defined promissory note structure with fixed simple interest rates of 6% or 8%, depending on note class. Investors know the stated interest rate and payment schedule at the time of investment.
Defined Interest Structure
Class A and Class B Notes offer fixed simple interest (8% or 6%) with semiannual payments.
Real Estate–Focused Strategy
Capital is deployed into real estate investment activities including acquisitions, repositioning, and real estate-backed financing.
Fixed-Return Notes, No Dilution
Investors participate as note holders with a defined interest rate and payment schedule — not as property owners. There's no voting obligation and no equity dilution, no matter how the underlying property performs.
No Investor-Level Fees
There are no subscription or management fees charged directly to investors.
Note Classes
SREI Fund offers three classes of Promissory Notes:
Class A Notes
8% simple interest (calculated annually)
Minimum investment: $250,000
Minimum investment: $250,000
Class B Notes
6% simple interest (calculated annually)
Minimum investment: $25,000
Minimum investment: $25,000
Class C Notes
Custom return and duration structure
Terms determined by the Manager addendum
Terms determined by the Manager addendum
Invest With Us
If you are interested in learning more about the Secured Real Estate Income Fund and our investment structure, please complete the form below.
A member of our team will follow up with additional information and next steps.
Common Questions
Frequently Asked Questions
General Fund Information
SREI Fund, LLC is a real estate debt fund that raises capital to acquire, rehabilitate, manage, and sell real estate, as well as purchase mortgage notes and provide real estate financing.
Our initial focus is on multifamily residences and storage facilities nationwide, though we may also invest in other commercial and residential properties.
The fund is managed by Steven Eddy, a CPA and CGMA with over three decades of experience in accounting, financial reporting, tax analysis, and real estate oversight.
No. This is a private placement offering under Rule 506(c) of Regulation D, available only to verified Accredited Investors.
Investment Terms & Returns
No. Investors purchase Promissory Notes (debt units). You do not receive equity, and you do not share in the profits or losses of the real estate. There is zero dilution.
We offer Class A Notes paying 8% simple interest annually, and Class B Notes paying 6% simple interest annually.
The minimum investment is $25,000 for Class B Notes (6%) and $250,000 for Class A Notes (8%).
Interest is distributed twice annually, on February 28th and August 31st.
Interest begins accruing the day after your investment funds are received in the SREI Fund, LLC bank account.
Yes. Investors can opt into our Reinvestment Program to automatically roll over their semi-annual interest payouts to acquire more debt units.
No. There are zero subscription, acquisition, management, servicing, or withdrawal fees charged to investors. The manager is compensated solely from profits after all investors are paid.
Liquidity & Withdrawals
The Promissory Note is ongoing until the fund dissolves, but you may request a withdrawal of your principal at any time with a 12-month advance written notice.
You must provide a 12-month advance notice via email to the manager. The manager may cash you out at any time during that 12-month period.
If there is a delay beyond 12 months, your interest rate will automatically increase by 1% starting on the 13th month until you are paid in full.
Notes are restricted securities. They cannot be sold or transferred without the prior written consent of the Manager and compliance with applicable securities laws.
Security & Risk
No. The Promissory Note secures your interest against all properties and assets in the Company, but no specific mortgages or deeds of trust will be recorded in public records.
Yes. The fund may use third-party senior debt up to a maximum Loan-to-Value (LTV) ratio of 70% on properties.
Payments are made in the following order: 1) Asset expenses, 2) Operating expenses, 3) Investor Interest, 4) Investor Principal, 5) Manager compensation.
Because this is a debt offering and not an equity offering, the Company does not distribute financial reports to Note Investors.
A successor manager and attorney, assisted by local brokers, will step in to liquidate asset holdings efficiently, dissolve the fund, and cash out all investors with accrued interest.
Tax & Account Logistics
Because you are earning fixed interest, you will receive an IRS Form 1099-INT at year-end.
Yes. Unless you are investing through a tax-advantaged account, reinvested interest is still reported on a 1099-INT as if it were paid out and reinvested.
Yes. You can invest using Qualified Funds if they are held in a self-directed IRA or self-directed 401(k).
Yes, non-U.S. persons may invest, provided they comply with the laws of their jurisdiction and our Anti-Money Laundering (AML) requirements.
No. Because you are purchasing a fixed Promissory Note, you will never be required to contribute additional capital.
Getting Started
Generally, an individual with a net worth over $1 million (excluding primary residence) or an income over $200,000 ($300,000 with a spouse) for the last two years. Certain entities and trusts also qualify.
Because this is a 506(c) offering, we require third-party verification. This can be a letter from your CPA, attorney, wealth advisor, or a service like VerifyInvestor.com.
You must submit the Investor Qualification Questionnaire, the Subscription Agreement, and your Accredited Investor Verification letter.
Once your subscription documents are approved, you will be notified to wire your funds or send an ACH transfer directly to the SREI Fund, LLC account.
You can contact the Fund Manager, Steven Eddy, directly at (305) 419-3005 or via email at seddy@SREIFund.com.