Nectar Fund 2
Asset rich. Liquidity late.
Short-term capital to proven multifamily operators—secured by equity in cash-flowing portfolios.
Preferred equity & structured debt
The operator gap
Proven multifamily operators can be asset-rich and cash-poor.
Typical capital need
$500,000 – $5M
Short-term capital against equity in cash-flowing portfolios.
Funding clock
Banks 45–60+ days · Nectar 7–10
Speed with structure—not an unsecured check.
What Nectar Fund 2 is
- A diversified portfolio of structured investments in multifamily operators using preferred equity and structured debt.
- Secured by equity in cash-flowing portfolios—not long-duration private equity, not bank debt.
- Demand backdrop: a 3.7 million-unit national housing deficit; portfolio underwritten to 0% rent growth.
- Delaware LLC managed by RE Nectar, Inc. · K-1 reporting · IRA eligible.
Underwriting & protections
Structure an investor can inspect.
Underwriting snapshot
Avg. combined LTV
~65%
Average combined LTV 64.7%
Average DSCR
1.37x
Cash-flowing collateral
Rent growth
0%
Underwritten to zero growth
Senior position
Fixed-rate only
Subordinate only to fixed-rate debt
Protection stack
- Borrower equity first-loss — equity sits ahead of Nectar in the loss stack.
- Full personal sponsor recourse with $50 million+ typical net worth.
- 3+ months of principal and interest held in escrow at closing.
- UCC-1 filings, springing liens, and power of attorney to sell assets upon default.
- Average underlying deal term: 18 months.
Evidence · as of June 30, 2026
Portfolio discipline. Operator stewardship.
$50M+
Capital deployed across 150+ transactions
45
Markets across 29 states · max 15% single-market
74.6%
Multifamily · balance hospitality, SFR, mixed-use
100%
On-time distributions · avg deal size $378,000
CEO & Co-founder
Derrick Barker
Former Goldman Sachs structured-products trader. Built, operated, and exited a $150 million multifamily portfolio (~$450 million total volume). Harvard College. Founded 2021.
COO & Co-founder
Brittany Mosely
Owned and operated a 30+ property portfolio. Commercial real estate operations expert. Harvard College.
Infrastructure
- HLB Gross Collins — three years of entity audits
- NAV Consulting — fund administrator
- Nelson Mullins — legal counsel
- Concord — backup servicer
- Institutional credit facility in place
Investor terms
Two share classes. One path to diligence.
| Class A | 13% annual coupon · $500,000 minimum |
|---|---|
| Class B | 11% annual coupon · $100,000 minimum |
| Distributions | Quarterly cash distributions |
| Deal term | Average underlying deal term: 18 months |
| Fund liquidity | 12-quarter lock-up, then quarterly liquidity |
| Tax / IRA | K-1 tax reporting · IRA eligible |
| Offering | Delaware LLC managed by RE Nectar, Inc. |
Continue evaluating.
Book a call for a diligence conversation, or invest online if you are ready to proceed.