Frequently Asked Questions

Our investment strategy is simple. Diversification with a fixed rate of return to hedge against economic shifts. This enables successful planning for investor portfolio allocation. We are able to offer diversification because of our in-house development and brokerage companies.

– Single tenant (NNN) properties
– Value-add retail centers with national and regional tenants
– Land entitlement & packaging
– Manufactured homes and storage development

Arizona, Nevada, Texas, Utah, Colorado and overall Sunbelt region.

After a fulfilling journey of training over 150,000 students, closing over 2,000 real estate investment deals in single family, multifamily and commercial worth over $500MM and counting, Cody Sperber is beginning a new chapter. While retiring from the education sector, his passion for real estate remains as strong as ever, driving him and his Partner, Bryant Aplass to launch Clever Capital Fund. Bryant Aplass who has also successfully managed, developed and sold millions in real estate, has also had a successful company exit while continuing his commercial real estate ventures.

Both partners have experience not only as a GP (this being their 3rd Fund), but have been LP’s in various other funds as well (both debt and equity). They have seen the paperwork, pro formas, why payments were made on some and not made on others. This is how we came up with the strategy for the 3rd fund. Provide fixed and predictable returns so our investors know they are going to get their money whether an asset is performing or not. The returns are not dependent on whether there are vacancies or rent decreases where they have experienced unpredictability in other funds.

At CCF, we’ve assembled a formidable team in addition to the GP’s, each member contributing unique expertise to our collective vision. This allows us to strategically diversify our portfolio, mitigating risks and maximizing opportunities across economic cycles.

– 2021 Clever Capital Fund launched.
– Fund I: $5MM Debt Fund.
– Fund II: Multifamily Fund securing 412 units (Closed).
– Fund III: $50MM Diverse Hybrid Fund (Open for investments).

While it is not a “requirement,” our Fund Managers are invested into this Fund and we firmly stand behind our Fund structure of receiving high, fixed rate returns with predictable income that is very much aligned with our Fund Managers. Therefore, we would never ask others to invest in something we would not invest in ourselves.

Our in-house direct-to-seller acquisition team is constantly seeking and assessing opportunities along with our network of relationships that span over 25 years in the business that brings us exclusive, off-market opportunities.

We use AI modeling software to identify value-add opportunities and run sensitivity analysis reports for stress testing, low/high cap rate expectations. This takes into consideration multiple variables including vacancies and unforeseen project costs.

Having in-house development and brokerage companies along with proprietary technology and software allows us to have more control of our projects. For retail, we focus on securing solid lease terms with strong Guarantors, National Credit Tenants, Regional Tenants and/or NNN leases. Most of the risk is diminished due to these tenants delivering the majority of the development/tenant improvements so it is packaged and ready to go with an end use in mind.

On the residential side, we are focused on manufactured housing outside primary markets (secondary, tertiary markets) to fulfill the need for affordable housing. We also have much shorter timelines between purchase, entitlement and selling with as quickly as 4 months. We have dealer relationships, which gives us competitive advantage to pricing and plotting the land.

Our fee structure is very simple and within market range. There is a 2% asset management fee only applied when we deploy the capital.

Our typical investment horizon is between 1-5 years. Our most recent focus is on redevelopment, value-add and land entitlement & packaging.
We are proud to offer depreciation and other tax benefits to our investors. This will of course depend on each investor’s tax profile and investors should consult their tax advisor for further details.

We take pride in our communication with investors. Not only do we provide quarterly updates, education and unique content, but our investors are able to see their investment and fund performance in real time via their private portal as well. View Investor Portal

Our goal is to reply to all investor inquiries within 1 business day, if not within hours. We also have our dedicated Investment Director, Brittany Shulman, regarding direct investment questions is available at brittany@clevercapitalfund.com, for general inquiries, our overall team and partners can be reached at invest@clevercapitalfund.com, and/or via the website at www.clevercapitalfund.com.

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