SIMM Capital
Real Estate | Private Credit
Book a Call
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Thanks for reaching out. The next step is a short conversation.

We could email you a deck, and we will if you'd rather. But most of what investors actually want to know — how the positions are structured, what the fee schedule looks like, what happened in the years that didn't go to plan — is faster to answer out loud. Watch the video, then pick a time.

Mat Simmons and the SIMM Capital investor relations team — Wexford, Pennsylvania

  • $400M+ in assets under management across the platform.
  • $750M+ in closed deal volume since 2006, through two full cycles.
  • Five asset types in one fund — single-family workforce housing, stabilized multifamily, NNN commercial retail, development and new construction, and credit and debt.
  • $100,000 minimum investment. Accredited investors only, under Rule 506(c).

Pick a time

You'll get a confirmation and a calendar invite immediately. Reschedule any time from the invite.

25–30 minutes
Phone or video
With Jason Emerick or Mat

Booking a call is not a subscription and creates no obligation. No wire instructions on a first call — under Rule 506(c) we can't accept capital until accreditation is verified and you've reviewed the offering documents.

$400M+Assets under management
20 yrsOperating history
$750M+Closed deal volume
$100KMinimum investment
5Asset types in one fund
The Process

What happens after you book.

Four steps, and you can stop at any of them.

Your discovery call

25 to 30 minutes with our investor relations team to understand your goals, timeline and criteria — and to work out whether this is a fit in both directions. No pressure and no deck read aloud at you.

Fund overview and current positions

We walk you through the active offering: what the fund holds, how each position is structured, the debt on it, the fee schedule, and how the distribution waterfall works.

Accreditation verification and due diligence access

Rule 506(c) requires us to take reasonable steps to verify accredited status before accepting capital. Once that's done you get investor portal access, the private placement memorandum, and the underwriting behind the fund — to review with your own counsel and CPA.

Subscription, reporting and distributions

If you decide to proceed, you execute the subscription documents and fund. The fund targets a 10% preferred return to limited partners — a target, not a guarantee — with any profit share above it governed by the waterfall in the fund documents. Distributions depend on portfolio performance and are made only to the extent available under those documents.

The whole thing starts with one 25-minute call.

Pick a time

The Conversation

What the call is, and what it isn't.

The usual reason people don't book is assuming they're signing up for a closing pitch. So here's the agenda in advance.

What we'll cover

  • What you're trying to accomplish with this allocation, and over what horizon.
  • How the fund is structured — waterfall, fees, reporting, and where you sit in it.
  • The current positions in detail, including the debt on each one.
  • What has gone wrong historically and how it was handled.
  • Whether this is a fit. Sometimes the honest answer is no.

What won't happen

  • No wire instructions on a first call. Ever.
  • No artificial deadline or "the allocation is filling up."
  • No commitment requested before you've read the PPM with your own advisors.
  • No follow-up sequence you can't get out of. One reply and we stop.
Where We Invest Capital

Five proven asset classes, one vehicle.

Current positions with the terms that make them work.

Single-family workforce housingResidential rentals serving working households.
Stabilized multifamilyOccupied apartment communities held for current cash flow.
NNN commercial retailSingle-tenant retail on triple-net leases, where the tenant carries taxes, insurance and maintenance.
Development & new constructionLand subdivision, vertical construction and ADU participations.
Credit & debtMezzanine and structured positions that sit above equity in the capital stack.

Selected positions

Position
Scale
Structure
Why it's in the fund
Bison Ridge ApartmentsLawton, Oklahoma · stabilized multifamily
216 unitsStabilized, cash-flowing
3.11% fixedDebt term through 2031
Long-dated fixed-rate debt at roughly a third of today's cost of capital. Cash flow not exposed to rate resets for years.
W LoftsStrip District, Pittsburgh · credit & debt
231 unitsAdaptive reuse
13% couponFixed, contractual
Sits above equity in the capital stack, so it gets paid before the sponsor participates. Current income with a defined place in the waterfall.
HilltopNorth Fayette Township, PA · development / new construction
SubdivisionResidential lots
Co-developedAlongside D.R. Horton
A national homebuilder as the takeout, not a hoped-for buyer. Development upside without the fund carrying vertical construction risk alone.
ADU development participationsMultiple markets · development / new construction
ParticipationsMultiple projects
Project-levelDefined terms
Smaller-ticket, faster-cycle exposure that adds density to existing housing without land assembly. Shorter duration against the longer-dated positions.

Walk through any of these line by line with the person who negotiated them.

Book a call
Mathew Simmons, founder and managing principal of SIMM Capital
Leadership

Who you'll be talking to.

Mathew Simmons is founder and managing principal of SIMM Capital. He has been raising and deploying capital since 2006 and has spent roughly twenty years operating businesses across real estate, manufacturing and retail — including exits, and including one that went through bankruptcy.

That last part is worth asking about on the call. Most sponsors show a track record with the failures edited out. Having taken a business all the way down teaches you which assumptions break first — and it's why this fund holds fixed-rate debt, sits above equity where it can, and is built diversified rather than concentrated in whatever is working this year.

He leads every term negotiation and signs off on every subscription personally.


Frequently Asked

Before the call.

What's the minimum investment?

$100,000. Terms and any exceptions are set out in the fund documents.

Do I need to be an accredited investor?

Yes. This fund is offered under Rule 506(c), which lets us advertise publicly but requires us to take reasonable steps to verify that every investor is accredited before accepting capital. The standard is generally $200,000 in income individually, $300,000 jointly with a spouse, or $1 million in net worth excluding your primary residence. Certain professional licenses also qualify.

How liquid is this?

It isn't. This is a private fund holding real property and private debt positions, and you should plan on capital being committed for the term described in the fund documents. Any redemption or transfer provisions are spelled out there. If you may need the principal back on short notice, this is the wrong vehicle — and we'd rather say so now than at closing.

Is the preferred return guaranteed?

No. Preferred does not mean guaranteed — it means limited partners are positioned ahead of the sponsor in the order of payment. The fund targets a 10% preferred return, and actual distributions depend on the performance of the underlying assets. All the usual risks apply: vacancy, interest rate movements, property tax and insurance increases, construction delays, market conditions, and the possible loss of the entire amount invested.

What happens in a year that goes badly? Will you tell me?

We have. Our most recent annual investor update disclosed that no profit-share distribution above the preferred return was made, and gave the reasons directly: portfolio repositioning, rising property taxes and insurance, elevated interest rates, and housing authority budget reductions. Ask for it on the call. How a sponsor writes about a bad year tells you more than any track record slide.

What are the tax implications?

Investors receive a Schedule K-1. Real estate funds often generate depreciation that can shelter part of distributions, and dispositions may produce long-term capital gain treatment, but the outcome depends on your situation, entity structure and state. Nothing here is tax advice — review the documents with your CPA.

I'd rather just read something first.

Fair enough. Email invest@simmcapital.com and we'll send the investor package — fund overview, current portfolio detail, structure and fees. No call required and no one will chase you.

You already raised your hand. This part takes 25 minutes.

Pick a time that suits you. If it turns out not to be a fit, you'll know quickly and nobody will chase you.

Pick a time
Pick a time for your call
HeadquartersWexford, PA
Investor Relationsinvest@simmcapital.com