PORTLAND, ORE (7/29/2016) – Four small balance real estate (SBRE) entrepreneurs received awards as best in class in their respective categories for 2016. Awards were given in SBRE categories as follows: SBRE Syndicator of the Year, SBRE Emerging Fund Manager of the Year, SBRE Fund Manager of the Year, and SBRE Entrepreneur of the Year. Each category contained five finalists from whom a winner was chosen based a combined formula of fan voting, peer voting, investor voting, and Fairway America voting.
The winners of the SBRE Awards were Worcester Investments from Kansas City MO as SBRE Syndicator of the Year. Brothers Paul and Joel Worcester accepted the award on behalf of the company. SBRE Emerging Fund Manager of the Year went to Alturas Capital of Boise ID, whose CEO Blake Hansen accepted the trophy. SBRE Fund Manager of the Year went to Grand Coast Capital of Boston MA, whose CEO Jeff Carter was on hand to accept the award. Finally, SBRE Entrepreneur of the Year went to John Helmick whose company Gorilla Capital is based in Eugene OR.
Winners were determined based on four inputs. Forty percent of the determination was weighted based on general online fan voting, which totaled 683,667 votes. Twenty percent was based on votes from registered investor users on Fairway America’s online site, SBREfunds.com. Another twenty percent was based on voting from Fairway’s community of fund manager and SBRE entrepreneurial peers. The final twenty percent was based on Fairway America’s sole vote.
Fairway America created the SBRE Awards to help recognize pioneers and leaders in the rapidly growing Small Balance Real Estate industry. SBREfunds.com is the industry’s leading community for both SBRE managers and the high net worth investors who capitalize them. It provides education, tools and access to both constituents. “We are very proud of the event and particularly of the SBRE Award winners”, said Fairway America CEO Matt Burk. “All of these SBRE entrepreneurs, including the finalists, are deserving of the recognition they received. They help make the industry great.”