Past Offerings

Past Offerings

RealWealth Developments has structured and managed real estate syndication investments across a range of asset classes and growth markets nationwide. The offerings below are organized into two categories: deals where RealWealth Developments served as manager or co-sponsor, and deals where we raised capital and guided investors but did not serve in a management role. Project types include ground-up construction, build-to-rent, land development, value-add renovations, and income-producing rental properties across single-family, multifamily, and commercial asset classes.

Photo rendering of several two story townhouses in Park City, Utah

RWN Discovery II LLC

Location: Park City,
Utah
Syndication Type: Land Development
RWN Discovery II LLC
We partnered with an experienced developer and acquired 69 acres of entitled land near Park City, Utah, just 25 minutes from the Salt Lake City airport. A portion of that land was to be developed into single-family residences on 97 entitled lots. The Discovery Ridge development included a mix of single-family homes, townhomes, duplexes, and deed-restricted properties. The remaining acreage will remain open space. Horizontal construction began in 2018, and the townhomes in both Phase I and II were successfully built and sold. Some custom homes were constructed, but the development of the intended number of homes was impeded by numerous issues, including hitting unanticipated rock and the COVID pandemic in 2020 which resulted in numerous shutdowns, the loss of the general contractor and significantly increased labor and supply costs and difficulty in obtaining supplies. This was compounded by the fact that the developer was required to build over 30 units of deed restricted homes for workforce housing that had set sale prices set back in 2017, and cannot be increased regardless of rising construction costs. The resulting shortfalls created a significant cash drain. Between 2022 and 2025 the developer was selling lots in order to satisfy debts and complete construction of existing builds and other county project requirements. However, the outstanding secured loan of approximately $4,000,000 matured in 2024. Given the financial situation the lender would not consider further extensions and in March 2025 the lender foreclosed on the remaining real estate held by Discovery Ridge.
Group photo of people on a tour to San Antonio project Wild Pine San Antonio LLC

Wild Pine San Antonio LLC

Location: San Antonio,
Texas
Syndication Type: Land Development
Wild Pine San Antonio LLC
Wild Pine San Antonio LLC is pleased to present the investment offering for a 60-unit Build-to-Rent community located in San Antonio, Texas. The project is on schedule. All permits have been received, the construction loan has closed, and site work is underway as of Q1 2026. Full construction is anticipated to be completed within two years. Upon completion, the asset will be stabilized and converted to permanent financing, with a planned sale at the end of year five. Investors in this project receive a 12% preferred return and 50% profit sharing on proceeds above that return.
Photos of finished townhomes in Portland, OR

Riverscape LLC

Location: Portland,
Oregon
Syndication Type: Development
Riverscape LLC
We partnered with a 30 year veteran developer to purchase 27 waterfront town homes that sat incomplete when the bank failed in 2009. We were able to purchase the property for $3M (worth over $20M). We finished construction and sold the condos to retail buyers. Investors earned over 20% IRR.
Rendering of Challenge Dairy office building

Dublin Challenge LLC

Location: Dublin,
California
Syndication Type: Land Development
Dublin Challenge LLC
During the Dublin Crossings residential land entitlement project, we ran into a problem. One of the tenants in the office building we planned to tear down decided not to leave, and they had a 10 year lease. Our developer partner came up with a solution - he rezoned some of the slated residential lots back to commercial use, and we built a brand new headquarters for the tenant - Challenge Dairy. Investors earned a 20% IRR.
Rendering of Dublin Crossing homes

Dublin Crossings LLC

Location: Dublin,
California
Syndication Type: Land Entitlement
Dublin Crossings LLC
We contracted the purchase of an office building in the city of Dublin, California for $10M with a 1.2M option deposit. We then re-entitled the land for residential use, tore down the existing office building and finished out residential lots. We expected to sell the lots for $14M, but Pulte Homes paid $20M, and our investors made over 30% IRR.
Photo of living room

Real Income Properties Texas I LLC

Location: Northern Texas,
Syndication Type: Rental Fund
Real Income Properties Texas I LLC
REAL Income Properties Texas I, LLC has acquired over 75 distressed units across high-growth areas of North Texas. All properties have been fully renovated and are leased to professionals relocating to the region, driven largely by the booming chip manufacturing industry. The project remains on track with its original seven-year hold strategy. The refinance to acquire additional properties is complete, and a portion of investor capital has been returned as part of the recapitalization. Property appreciation has exceeded initial expectations, and the newly added assets are projected to enhance both cash flow and overall portfolio value upon stabilization. Investors are projected to receive an annualized average return of 9.5%, plus 75% of profits upon asset sales.
Photo of lagoon at the Mirada project. Beach loungers and people swimming

PEI-Cannon Ranch LLC

Location: San Antonio,
Florida
Syndication Type: Land Development
PEI-Cannon Ranch LLC
In 2013, we acquired a 10% interest in an entity that purchased bank-owned land comprising 4,200 residential lots for $16 million, the same land that had been in escrow for $160 million in 2006. The project has since been renamed The Mirada, with the original golf course redesigned as a stunning Crystal Lagoon feature, including one of the largest hand-crafted Crystal Lagoons in the country.
Site Map of property at in Danville, CA. Part of Bates Stringer Martin Hills Ranch LLC

Bates Stringer Martin Hills Ranch LLC

Location: Danville,
California
Syndication Type: Land Entitlement
Bates Stringer Martin Hills Ranch LLC
Our entity, Bates Stringer-Martin Hills Ranch LLC, has entered into a contract to acquire approximately 102 acres of raw land located on the east side of Danville, California. Rather than purchasing the land outright, we will assign the contract to the new buyer upon close. Our plan is to entitle, develop, and map the property for an estimated 20 lots, then sell those lots to one or more national home builders in the market. We are currently under way with city approvals, and the Environmental Impact Report (EIR) study has been completed. We have the property under contract at a price above our initial pro-forma with a national builder, and the transaction is anticipated to close in July 2026. Investors in this project receive a 15% preferred return as well as a share of additional profits.
Rendering of townhouse in Pleasant Hill, CA

Bates Stringer - Pleasant Hill

Location: Pleasant Hill,
California
Syndication Type: Land Entitlement
Bates Stringer - Pleasant Hill
We bought an industrial building in Pleasant Hill, California sitting on 3.2 acres of land. We re-entitled the land for residential use, tore down the existing building, finished the lots and then sold the subdivision to a national builder. Investors earned 14%+ IRR over an 18 month period.
Ridgewater project - photo of a home being built

RidgeWater LLC

Location: Klamath Falls,
Oregon
Syndication Type: Land Development
RidgeWater LLC
Ridgewater LLC is a land development project consisting of 156 fully entitled, shovel-ready single-family development lots in Klamath Falls, Oregon. To date, nine homes have been built and two have been sold. The project has faced significant challenges, and construction has been paused. The current focus is on selling the remaining completed homes and returning as much equity to investors as possible. We have negotiated an agreement with the managing partner that is anticipated to prioritize the return of investor capital. While we are working diligently to maximize recoveries, projected returns are anticipated to be substantially lower than originally presented.
Cincinnati & Dayton Sample Investment Property

Wealthy One LLC

Location: Southwest,
Ohio
Syndication Type: Rental Fund
Wealthy One LLC
The company provided short terms loans to one of RealWealth’s turnkey rental property providers in Ohio for the acquisition and renovation of single-family residences and small multi-family units. These rental properties were then sold to real estate investors. The loans are secured by 1st position deeds of trust. The fund has made consistent distributions to its investors with 8% returns. The fund was dissolved in 2022.
Photo rendering of several two story houses in Bozeman, Montana

BPI Prescott Ranch LLC

Location: Belgrade,
Montana
Syndication Type: Land Development
BPI Prescott Ranch LLC
In 2018, we acquired 153 acres of raw land in Belgrade, near Bozeman, Montana, with an initial plan for 601 lots. We were subsequently able to increase the approved dwelling units to 662. Site work for Phases I and II has been completed, and as of 2025 over 350 lots are finished. As of 2026, 255 homes have been sold and investors have received their initial capital back in full. Investors are entitled to a 15% preferred return plus a share of profits on proceeds above that return.
Photo rendering of a two story house in Carson City

Little Lane LLC

Location: Carson City,
Nevada
Syndication Type: Land Development
Little Lane LLC
We acquired 21 acres of land walking distance from the State Capitol Building and downtown Carson City, Nevada, with the intention of building detached townhomes. Our map was approved for 149 homes in 2019. While COVID-19 shutdowns created early delays, all site work for the 149 lots is now complete. As of 2026, 75 homes have been sold, and investor interest has increased as homes are offered at the median home price of the area amid an ongoing shortage of housing inventory in the region. Distributions are currently being made to return investor capital, with any potential additional distributions directed toward investors' 15% preferred return.
Photo of the entrance to Texas A&M Campus in San Antonio, Kathy Fettke standing next to sign

RWN Texas LLC

Location: San Antonio,
Texas
Syndication Type: Development
RWN Texas LLC
An 1831 acre master planned community surrounding the brand new Texas A&M University San Antonio (TAMUS) had been tied up in litigation for 7 years. The owners acquired a hard money loan and needed a quick sale for $26.5M. We purchased the note for $13M at 10% interest for a 6 month term, with the hopes of reselling the property for twice what we paid (doubling investor returns in just a few months). The owners were able to pay off our loan, and our investors earned the 10% interest
Aerial Photo of shopping area with Mirada in the distance

PEI Cannon Ranch 1b LLC

Location: San Antonio,
Florida
Syndication Type: Land Development
PEI Cannon Ranch 1b LLC
We purchased 26 acres of commercial land, adjacent to our residential development, the Mirada, for $380,000 (it had previously sold for $6.5M in 2004). Once construction began on the Mirada project, we then sold half the land to a large grocery chain, and the remaining pads to other commercial developers. Investors received their 15% preferred return plus profit in 2021.
Rendering of a home in Reno Nevada, part of the Argos Reno project

Bates Stringer Reno LLC

Location: Reno,
Nevada
Syndication Type: Land Development
Bates Stringer Reno LLC
We purchased 100 acres of entitled land just 15 minutes west of Reno for $12.5 million, raising an additional $4 million to complete the lots and build the first phase of spec homes. A portion of the property was contracted and sold to a third-party buyer, with proceeds used to fund construction on the remaining lots. This project is now complete. Investors received their capital back with an IRR of approximately 10.5%, and the fund is anticipated to be formally dissolved in 2026.
Rendering of a home in Reno Nevada, part of the Quest Reno project

Quest Reno LLC

Location: Reno,
Nevada
Syndication Type: Land Development
Quest Reno LLC
We decided to form a new investor group to buy lots from Argos. There was a severe shortage of homes in the area due to Tesla moving its Giga Factory to the area. We built more affordable homes and sold them out by 2021. Investor earned approximately 8% IRR
Rendering of apartments and outdoor space

PEI Fortbay MV LLC

Location: Mountain View,
California
Syndication Type: Land Entitlement
PEI Fortbay MV LLC
We acquired a 208 unit apartment building next to the Google headquarters in Mountain View, CA. The business plan was to re-entitle the 9.8 acres to higher density (500+ units) and offer 30% of the units as affordable. Protestors delayed the process by years. Even though we sold the building for $48M more than we paid, holding costs ate up most of the profit.
Rendering of a new construction property

RWN Turnkey Rental Fund I LLC

Syndication Type: Rental Fund
RWN Turnkey Rental Fund I LLC
Our business plan was to acquire single-family rental homes in Florida, Ohio, Michigan and Georgia utilizing our referral network of local operators in those locations. We picked these areas based on cash flow and appreciation potential due to migration trends. Starting in 2017, we purchased xxx homes and provided investors cash flow distributions until 2021 when we decided it was an opportune time to sell the assets. Many of the homes had appreciated significantly and were sold for nice gains. However, several of our Detroit homes homes suffered from tenant holdovers and serious maintenance issues which resulted in a longer hold time without income. We sold the final Detroit homes in early 2023. Investors were entitled to an 8% return and a share of any additional profits. However due to the time delay during the sales phase, along with the unexpected repair expenses, the overall rate of return was between 6-7% after investors received their full return of capital.
Photo of a house in Euclid Ohio

Rental Ready Fund LLC

Location: Dayton/Cincinatti Area,
Ohio
Syndication Type: Rental Fund
Rental Ready Fund LLC
The business plan was set up as the same structure as the 2016 Wealthy One fund. This fund was short-term lending to one of RealWealth’s turnkey rental property providers in Ohio. Funds were secured in 1st position at 65% ARV. Investors received 8% as projected plus full return of their capital. This fund was dissolved in 2023.
Photo of the Challenge dairy headquarters

RWN Dublin Investors III, LLC

Location: Dublin,
California
Syndication Type: Debt Fund
RWN Dublin Investors III, LLC
The debt fund holds a note in 1st position against the Challenge Dairy commercial building in Dublin, California. Investors receive quarterly distributions towards their preferred return and will receive the balance when rents are raised or the property is either refinanced or sold. 
Photo rendering of several two story townhouses in Park City, Utah

RWN Discovery Investors III LLC

Location: Park City,
Utah
Syndication Type: Land Development
RWN Discovery Investors III LLC
The Company was established to provide financing for one of our existing real estate development projects located near Park City, Utah. The Company provided a short term loan for Discovery Ridge, LLC to pay off a prior related entity loan and fund continuing operations of the project. The loan was for one year at a 13.5% interest rate and was secured by a deed of trust covering all remaining lots owned by Discovery Ridge. The lien was in second position behind the acquisition and development loan held by a local bank, which has been paid. Investors were to receive a 11 % return on their investment in the Company. The Borrower encountered cash shortfalls due to a variety of issues, including Covid supply chain shortages, increased material costs, and interest rate hikes. These issues were compounded by the fact that the developer was required to build over 30 units of deed restricted homes for workforce housing that was set at 2017 sales prices. Even though the cost to build the units has nearly doubled, the sales prices cannot be increased. This caused significant cashflow issues, which prevented the Borrower from paying the loan when it was due in 2023. Through March 2025, the Borrower made several loan payments which allowed us to return amounts to investors equal to approximately 50% of their original capital. However due to continuing financial concerns at the development, we determined the best course of action was to initiate foreclosure proceedings. In March 2025, we foreclosed on the remaining real estate assets held by Discovery Ridge LLC. As there were no bidders at auction RWN Discovery Investors III LLC took title to the remaining real estate. We did not pursue a deficiency judgement even though the remaining asset value would not satisfy the outstanding loan principal as the developer has no significant assets. Currently we have secured an agreement with a builder to complete the remaining deed restricted homes which are under construction and pre-sold, and we have started marketing lots for sale as potential custom builds in coordination with the onsite builder in an effort to secure sales resulting in proceeds which can be distributed to our investors.
Photo of covered outdoor space with seating in Costa Rica, part of Kinkara.

RWN Costa Rica Investors LLC

Syndication Type: Land Development
RWN Costa Rica Investors LLC
In 2016, we invested in 800 acres of land in Costa Rica with Rise CR LLC to develop an eco-friendly residential community and spa retreat center near one of the fastest growing cities in the region. At the time, a new international airport was slated for development within 20 miles of the property and new roads were under construction. The land was entitled, initial earthwork began, and a luxury glamping site was developed to give prospective homebuyers an opportunity to experience the community firsthand. However, construction financing did not materialize, and after several years it was determined that the original development plan was not feasible. The situation was further complicated when Costa Rica closed its borders during COVID-19 in 2020.
Rendering of a house in Discovery Ridge Project

RWN Discovery LLC

Location: Park City,
Utah
Syndication Type: Land Development
RWN Discovery LLC
We invested in a Company that had acquired 69 acres of entitled land near Park City, Utah, just 25 minutes from the Salt Lake City airport. The plan was to build 97 residences on just 22 of the acres, with the remainder held as open space per county demands. Horizontal construction began in 2018, and the townhomes in both Phase I and II were successfully built and sold.  Some custom homes have been constructed, but the development of the intended number of homes was impeded by numerous issues, including hitting unanticipated rock and the COVID pandemic in 2020 which resulted in numerous shutdowns, the loss of the general contractor and significantly increased labor and supply costs and difficulty in obtaining supplies.  This was compounded by the fact that the developer was required to build over 30 units of deed restricted homes for workforce housing that had set sale prices set back in 2017, and cannot be increased regardless of rising construction costs.  The  resulting shortfalls created a significant cash drain.  Over the last couple of years the developer has been selling lots in order to make required loan payments, but the remaining loan is now in default and likely to foreclose.
Photo of Wine Barrels

RWN Wine Village Investors LLC

Location: Redding,
California
Syndication Type: Land Development
RWN Wine Village Investors LLC
We invested in this project, alongside other investors, to purchase raw land directly off of Highway 5 just north of Redding, California and build a wine village. The original business plan presented to us was to obtain permits and construction financing to build 17 tasting rooms, 2 restaurants, a gift shop and event space. The concept was to showcase the many hidden Northern California’s wineries, who would be willing to pay a premium for the added exposure and direct-to-consumer sales. Unfortunately, new California regulations and severe wild fires delayed the project. When the managing entity finally received permits, Covid hit, and they have been unable to obtain commercial financing. In 2024 the managing entity/owner of the property advised us that he had the property listed for sale and was talking with local developers to explore alternatives.
Site Map of property at in Belfield, North Dakota.

RWN Belfield Investors LLC

Location: Belfield, North Dakota,
Syndication Type: Land Development
RWN Belfield Investors LLC
We partnered with an experienced commercial development group to purchase land in Belfield, North Dakota with the intention of entitling and developing the land for mixed-use commercial use and selling the pads to businesses. The land is located between Highway 94 and Highway 85, a main thoroughfare in North Dakota, just miles from the planned Davis Refinery. The region sits atop the Bakken, Three Forks, and Tyler shale formations and was thriving with oil industry activity at the time of acquisition. Following our purchase, OPEC dropped oil prices and activity in the region slowed dramatically. Large-scale oil projects that were slated for development stalled, and the broader push toward clean energy policy has further tempered shale activity in the area. We own the property outright, keeping holding costs manageable. We are actively looking to sell the property and will continue to monitor market conditions for the right opportunity to do so.

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