AdLarem Fund, LLC
AdLarem helps struggling families by purchasing their homes out of foreclosure and leasing it back to them.
- Stage Full Product Ready
- Industry Financial Services
- Location Las Vegas, NV, USA
- Currency USD
- Employees 2
- Website adlarem.com
Company Summary
AdLarem purchases Las Vegas residential properties out of foreclosure and signs the former owner to a long term lease. This gives the family stability and gives us a revenue stream with an appreciating asset bought below construction cost.
We are producing up to 20% rental yields and the potential for substantial home appreciation make this an incredible opportunity.
Investors own shares in the fund, NOT specific homes
Team
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Basil HamadehManaging Principal
Basil has spent the last 6 years at Credit Suisse working for the past 4 years as a high yield analyst.
Focusing on the industrials and building equipment sectors he made consistent returns for the firm ranking near the top of his analyst class every year.
Basil graduated magna cum laude from UC Riverside.
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Eddie SchultzAssociate
Eddie worked in his family owned real estate business buying, selling and leasing property for 4 years before attending law school.
After graduation Eddie worked in healthcare real estate in Manhattan before beginning the venture with AdLarem Fund.
Eddie graduated with a BS in Econ & Venture Capital from Vanderbilt University and a JD from the University of Miami.
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Rod AtamianAdvisor
Rod is a financial executive with experience in finance and development activities.
Currently Rod is the Chief Investment Officer for Sartini Enterprises.
From 2001 to 2007 he was the Chief Financial Officer of Golden Gaming and from 1997 to 2001 he was the Vice President of Financial Services for Station Casinos, Inc.
Rod holds a BA in Public Policy with honors from Stanford. -
Samer HamadehAdvisor
Samer is currently an Entrepreneur-in-Residence at Lightspeed Venture Partners.
Prior to Lightspeed Samer was the co-founder and CEO of Vault.com which was sold to Veronis Suhler Stevenson in 2007.
Prior to founding Vault, Samer worked for LEK consulting focusing on business strategy but had already co-founded a customized textbook printing company.
Advisors
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Galante Westerman LLPLawyerUnconfirmedCashin & KingAccountantUnconfirmed
Previous Investors
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ConfidentialUnconfirmed
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