1. Fund/Platform Name:
Sunrise Capital Investors 

2. Date Invested:
Various, starting in 2024 to present

3. Asset Class:
Moble home parks and Parking Garages

4. Projected Holding Period, IRR, Equity Multiple or ROI:
Forever, 14-18% annualized targeted returns, 8-10% prefered returns, 7-8% cash-on-cash

5. Communication Methods Used:
All the above (Quarterly Reports, Monthly Reports, Podcast, Website Portal)

6. Effectiveness of Communication – ★★★★★ (5 Stars)
Communication has been timely, transparent, and informative. Regular reports provide clear details on portfolio performance, risk, and cash flow, with just the right level of detail to stay informed without being overwhelming. Monthly Podcast that breaks down each asset performance.

7. Tax Reporting – ★★★★★ (5 Stars)
Tax reporting has been consistent and on time, though some documents may arrive close to filing deadlines, requiring attention to timing.

8. Investment Plan Execution – ★★★★☆ (4 Stars)
Investment performance has largely met expectations. Returns have closely aligned with projections, and the sponsor has effectively managed deal flow and execution across multiple asset acquisitions.

9. Holding Period Execution – Unrated
Not expecting any surprises here. The idea of the fund is to return capital contributions while maintaining ownership for legacy wealth.

10. Return on Investment – Unrated
Returns have been in line with expectations, distributions started at the time of investment. One thing I like about the fund is they hold your capital in an interest bearing account until the capital is called down for an investment. This prevents your money from sitting idle.

11. Additional Comments

I came across Sunrise Capital Investors through an online ad. Like many of my alternative investments, the fact that this was an unknown sponsor initially gave me pause. But after several conversations with the fund contact—and a candid discussion with another investor they connected me to—I felt more comfortable with their philosophy and diligence process, which ultimately led me to invest.

I'm currently part of Fund 4, which recently extended its capital raise target to $200 million. The strategy focuses on buying high-quality assets at a discount to generate immediate capital appreciation—and so far, they’ve followed through on that promise.

Since I invested at the end of 2024, they’ve closed on two parking facilities, one next to the Charlotte Hornets stadium and another in downtown Philadelphia. Parking isn’t often top of mind for most investors, but it’s proven to be a hidden asset class with solid outperformance. In addition, they’ve acquired an institutional-grade mobile home park in Michigan with 500 pads—another smart addition to a growing and diversified portfolio.

Quarterly distributions have been timely, currently yielding around 4.5% cash-on-cash, with projections on track to hit their 7% target by year-end. One unique feature of this fund is its emphasis on returning capital contributions before preferred returns, which I have mixed feelings about. While it enables faster recycling of capital—which is great if you’re looking to reinvest—it also reduces the preferred return base each quarter and the accrued preferred returns don’t earn interest, making them feel like “dead money”.

That said, I appreciate the flexibility to make bolt-on investments at any amount, which opens the door to compounding. Another thoughtful detail: the fund holds committed capital in an interest-bearing account until it’s deployed—something many other sponsors don’t do.

Overall, I’m satisfied with how this fund is being managed and plan to continue adding capital when appropriate. The communication has been responsive, the assets acquired are compelling, and the structure provides both income and optionality for long-term growth.