Demystifying the future of real estate fund admin

In the real estate industry, modern technology is more than just a tool of the trade — it’s a whole new tool chest. AI, tokenization, machine learning, and automation have the potential to change the way you do business and improve operations like never before, and next generation real estate managers who crack the code of how to make technologies best serve them will have an edge over their peers.

Enter Verivest, powered by DwellFi. Let us use the power of our innovated culture and deep industry expertise to help you build investor trust through modern reporting capabilities.

Our Story

2013:
The Beginning

Fairway America, Verivest's parent company, creates an in-house accounting division to help manage its funds by delivering fund administration services.

2016:
Sharing Expertise

Matt Burk publishes "Capital Attraction: The Small Balance Real Estate Entrepreneur's Essential Guide to Raising Capital," sharing valuable lessons learned from managing his own fund and working with successful fund managers.

2017:
A New Entity Forms

Fairway America spins out its accounting team as a separate business, called "Redwood Fund Administration" as there was a need for real estate focused accounting. In a market where more funds were launching and growing rapidly, investors were demanding transparency.

“We were essentially the Instagram police and called out fake influencers left, right and centre. It was fun and all, but there is only so many bikini chicks you can look at on Instagram before you start losing your mind.”

Dan, Co-founder and CEO of Lumio

2017:
Supporting Investors

Recognizing some inherent flaws in the marketplace of commercial real estate investments, Redwood begins developing a platform to offer investors a neutral, third-party evaluation process with ongoing monitoring and oversight of investment offerings.

Dan, Co-founder and CEO of Lumio

2020:
A Rebrand

Redwood Fund Administration rebrands as Verivest and dives deep into building technology that better integrates fund administration with the investor experience.

Dan, Co-founder and CEO of Lumio

2024:
Pivoting & Specializing

Verivest moves its fund admin business further upstream to service large fund managers looking to improve and outsource their administrative overhead.

“After this, we both took up golf on during the week and started eating fancy dinners at the local Country Club... Ha. This is not what happened at all. We suck at golf and love eating Guzman Y Gomez.”

Adam, Co-founder of Lumio

Today & Beyond

Verivest and DwellFi announce partnership to incorporate modern technology, including AI and tokenization, into Verivest’s accounting and data management suite, allowing Verivest to emerge as a premier fund administrator for real estate fund managers seeking a best-in-class solution.

About DwellFi

DwellFi is creating a future where fund management and administration are streamlined, automated, and accessible. By leveraging their unique blend of AI, blockchain, and tokenization technologies, DwellFi is setting new standards for scalability, operational efficiency, security, compliance, and investor engagement in the Asset Management industry.

Why Did We Partner With DwellFi?

DwellFi is a company built by industry leaders in tech and asset management and trusted by fund managers and investors. Together, we’re creating a superior administration experience marked by data migration, fund management, streamlining of internal processes, seamless vendor conversion and the custom, secure services required to make real-time business decisions. We’ll bring you efficiency, and accuracy so you can deliver more wins – It’s in our DNA.