Real Estate Opportunities Fund V, LLC

Nine Years of Institutional Discipline. Open to Accredited Investors for the First Time.

Valoran has deployed over $100 million across five real estate funds since 2017, using capital reserved for the firm's own principals.

Real Estate Opportunities Fund V is the first time that strategy is open to outside accredited investors, targeting workforce housing and middle-market multifamily.

$100MM+ Committed Across Five Funds
390+ Operator Relationships
50+ Acquisitions Since 2017

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Three Forces Converging in Workforce Housing Right Now

~30% Supply Contraction

Multifamily completions fell ~30% from the 2024 peak. This has resulted in a significant drop in supply, even as renter demand continues to climb.

$776/mo Affordability Gap

Homeownership now costs $776 more per month than renting, more than double the pre-2022 gap.

22.7M Cost-Burdened Renters

Nearly half of U.S. renter households are cost-burdened, a record high. Demand is structural, not cyclical.

Sources: Freddie Mac; Harvard Joint Center for Housing Studies (2026)

"Every deal is stress-tested against the downside before we consider the upside "

Real Estate Opportunities Fund V, LLC. Now Deploying.

Fund V Terms

Structure: Closed-end fund, Delaware LLC
Minimum Investment: $100,000
Focus: Value-add multifamily and workforce housing
Investment Period: 3 years
Manager: Valoran Capital Management, SEC-Registered RIA
Audit: Baker Tilly (independent annual audit)

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The Deals Institutions Ignore Are the Ones We Specialize In

Why Institutions Avoid This Space

Too small for institutional mandates. Requires local knowledge most firms don't staff for.

Why Valoran Is Built for It

$10 to $75M total deal capitalization is our focus. 390+ operator relationships generate deal flow institutions never see, refined over 9 years and $1B+ in transaction volume.

Risk gets identified and priced before upside ever gets modeled. That underwriting discipline was refined over nine years and $1 billion+ in transaction volume, sharpened by a team that includes former traders from Chicago Trading Company.

The result: 45 of 52 acquisitions have been with repeat operators.

Five Steps. Every Deal. No Exceptions.

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Deal Flow

390+ operator relationships. ~1% of opportunities make it through.

Market Selection

Tight supply, limited new inventory.

Asset Underwriting

Proprietary quantitative model, risk-first.

Operator Diligence

Experienced operators, proven track records.

Terms & Structure

Debt matched to the business plan. Max 15% single-asset exposure.

Five Funds. One Consistent Philosophy, Constantly Refined.

Since 2017, Valoran has deployed capital across five fund vintages, acquiring 50+ assets with a total acquisition cost over $1.1 billion. Detailed performance is available upon request.

Fund

Vintage

Capital Commitments

Status

REO 2017

2017

$23,250,000

Harvesting

REO 2018

2018

$22,650,000

Harvesting

REO III

2021

$22,735,125

Harvesting

REO IV

2022

$40,235,500

Harvesting

REO V

2025

$15,000,000

Deploying

REO 2017

2017

REO 2018

2018

REO III

2021

REO IV

2022

REO V

2025

REO 2017

$23,250,000

REO 2018

$22,650,000

REO III

$22,735,125

REO IV

$40,235,500

REO V

$15,000,000

REO 2017

Harvesting

REO 2018

Harvesting

REO III

Harvesting

REO IV

Harvesting

REO V

Deploying

The Team That Built This Platform Is Still Running It

Joe Harriman

CFA: Co-Founder & Managing Partner

Mark Purtell

Co-Founder & Managing Partner

Preston Hartsell

Director of Acquisitions

Targeting Q3 2026 Close · Actively Deploying

Ready to Learn More

Fund V is a private multifamily real estate fund built for accredited investors. Whether you're comparing us to other private equity real estate funds or exploring alternative investments for the first time, we're happy to walk you through Fund V's strategy and terms.

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