Opportunity Definition

We find for you the best investment opportunities in Real Estate Entitlement and Construction

In hard-to-find and hard-to-entitle areas such as the San Francisco Bay Area, a niche real estate market is created. Too small for large players to deploy meaningful capital, inefficient enough for abnormal returns. The right sourcing, entitlement and construction provide extremely desirable real estate opportunities.

What's Inside?

Debt investment to attractive projects in high-demand areas in the US, such as the San Francisco Bay Area


Coupon paid quarterly for a 9% annual yield. High-Yield investment product guaranteed by projects in some of the highest-demand areas in the US

Who is it for?

For investors seeking debt investments with attractive risk-reward profiles within the US

Strategy Highlights

ODIN88 Real Estate Strategies : High-demand Real Estate Entitlement and Construction

High Target Returns

We chose to do it because it's hard. Focus on hard-to-find and hard-to-entitle areas such as the San Francisco Bay Area. Entitlements in San Francisco and Berkeley deliver some of the most rewarding returns in the US

Track Record

We closed our fifth successful real estate entitlement project in the San Francisco Bay area, with past annual returns ranging from 18% to 45%

Niche Market

Entitlement is long, difficult and requires only mid-size investments. These features are unattractive to the usual real estate players, resulting in a niche market inefficient enough for abnormal returns

We have “skin-in-the-game”

We have tested our portfolio with our own assets and remain invested in our funds, by your side

Investment Process

Achieve better real estate returns with our real estate entitlement and construction strategies


Together with our partners and a combination of qualitative and quantitative analysis, we source the best opportunities in hard-to-entitle areas, currently in San Francisco and Berkeley


We secure an option to buy the selected property and negotiate entitlement directly with the city


>We launch the core entitlement phase, which can range from 1 to 3 years, with an average around 27 months


Once the property is fully entitled, we activate the property buy-option and resell the now-entitled project to a third-party developer at a profit


Investors get their funds back within approximately 60 days of the sale


After the entitlements are secured, our investors sometimes have the opportunity to participate in the construction phase and build a real estate income portfolio

Key Investment Information

ODIN88 Real Estate Fund Series - Debt

Investor Net Target Return Fixed 9% net annual return
Minimum Initial Investment $100k
Minimum Investment Period Project length (usually 2 to 3 years)
Entry Fee 0%
Management Fee 1%
Incentive Fee N/A (fixed return)
Exit Fee 0%
NAV Calculation and Reporting Quarterly, usually with a one-month lag
Fund Administration Theorem Fund Services
Recommended Investment Period Project-based


Net annual investor target


Minimum Initial Investment


Minimum Investment Period

The Common Benefits Of The Series

Extensive qualitative & quantitative due diligence

Portfolio diversification benefits with uncorrelated, absolute returns over a market cycle with a definable, repeatable process

Fund set-up designed with the institutional investor in mind

Learn how our products
can boost your portfolio