How It Works

The SMART Framework, group vetting, and a fund structure built around the "investing together" advantage.

The SMART Framework

Every deal we evaluate goes through five rigorous filters.

S

Sponsor

Who's running the deal? What's their track record? Have they been through a downturn? Great properties fail under bad sponsors. Average properties succeed under great ones. We dig deep into operator history, references, and alignment of interests before anything else.

M

Market

Where is this deal? What are the demand drivers? Is the population growing? Are jobs moving in? We don't invest in hope — we invest in data. Submarket fundamentals, supply pipelines, and economic trends all get scrutinized.

A

Asset

What are we actually buying? What's the physical condition? What's the business plan? Each strategy — value-add, ground-up, stabilized — has a different risk profile. We evaluate the asset against the operator's plan and the market reality.

R

Risk & Return

What's the realistic downside? What has to go right for the projected returns to hit? We stress-test every deal against multiple scenarios before anyone writes a check. If the numbers only work in best-case conditions, we pass.

T

Timing & Taxes

When do we get our money back? What's the tax treatment? Depreciation, cost segregation, 1031 exchanges — these aren't afterthoughts. They're core to the real returns. We factor the full picture before committing capital.

Group Vetting: 12 Fund Managers, One Table

Kent works alongside approximately 12 peer fund managers who aggregate capital and collectively evaluate every opportunity. When a deal comes in, it doesn't get one set of eyes — it gets a dozen, each bringing different expertise, different market knowledge, and different deal experience.

What "investing together" means in practice:

  • Multiple managers may have direct history with a given sponsor — real-world intel you can't get from a pitch deck
  • Market specialists flag underwriting assumptions that look optimistic
  • Group capital creates negotiating leverage on fees, preferred returns, and co-invest rights
  • Deals only move forward when they pass the full group's scrutiny

The result: you invest alongside experienced capital allocators who have already pressure-tested every aspect of the deal. It's a fundamentally different risk profile than investing alone.

Fund Structure

The SMART Flex Fund is a customizable 3(c)(1) fund built on the Avestor platform.

Customizable Fund

See each individual deal and choose which opportunities to participate in. You're not blindly handing over capital — you have visibility and choice.

99 Investor Cap

By regulation, the fund is capped at 99 investors. Currently ~25 investors with 74 seats remaining. Small, personal, intentional.

Accredited Investors Only

Every investor is third-party verified under our 506(c) filing. This is what allows us to publicly share what we're doing.

Kent Invests Alongside You

Kent invests as an LP in every deal — same terms, same risk. His capital is on the line right next to yours.

Transparent Fees

Management fees and carried interest exist — like any managed fund. The value is in the access, vetting, and economics you get through the group.

Built on Avestor

The Avestor platform pioneered customizable funds. It provides the infrastructure for deal selection, reporting, and investor management.

Asset Classes We Invest In

True diversification means 8–12 uncorrelated income streams — not 8–12 mutual funds tracking the same index.

Commercial Real Estate

Affordable Housing

Private Equity

Private Debt

Energy

See If This Fits Your Portfolio

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