Nassau Investments

What Nassau Investments does

Nassau Investments, LLC is a Cincinnati-based real estate investment syndication firm founded in 2006 by Michael Ealy. The company pools private capital from accredited investors (with limited exceptions for non-accredited investors who have a preexisting relationship with the principals) to acquire, renovate, and reposition income-producing real estate, primarily 50+ unit apartment properties and branded hotels (Marriott, Hilton, Hyatt). Minimum investments are $100,000 for apartment syndications and $200,000 for hotel deals, with a target investor IRR of 12-18% delivered through a 6-8% preferred return plus 30-50% equity participation; Nassau retains a 50-70% equity stake in each deal.

The firm's core operating differentiator is vertical integration: an in-house construction management team (led by Nate Barger) and an affiliated property management company enable renovations at 30-60% lower cost than outsourced competitors while accelerating unit turnover. Underwriting is conservative, with a stated minimum 30% project IRR threshold designed to absorb cap rate decompression of 50-100 basis points. The hotel vertical is enabled through a strategic partnership with a hotel operator managing over 5,000 rooms and $1.5B in hotel assets, staffed by executives with 25-35 year tenures at brands such as Marriott, Hilton, Hyatt, and Disney.

The business generates revenue from acquisition and disposition fees on sourced off-market deals, ongoing asset and property management fees, and equity participation in the underlying real estate. Distribution is high-touch and direct: investor inquiries are qualified by the Investor Relations function (led by Daniel Nguyen) before scheduling one-on-one appointments with the CEO. Top-of-funnel demand is generated via podcast appearances, the CEO's book 'From Broke to Millions,' blog content, and word-of-mouth referrals, while existing investors self-serve through an AppFolio Investor Portal. Across the executive team and partners, the firm cites combined 100 years of real estate experience, over $2B in cumulative transactions, over 3,000 apartment units acquired since 1999, and a claimed track record of no investor losses since 2006.

Name

Nassau Investments

Legal name

Nassau Investments, LLC

Website

https://nassauinvests.com

Company type

Private

Founded year

2006

Operating status

Operating

Headcount range

11–50 employees

Short description

Nassau Investments is a Cincinnati-based real estate syndication firm that pools capital from accredited investors (minimum $100K-$200K) to acquire, renovate, and reposition value-add apartment buildings and branded hotels, targeting 12-18% IRR through vertical integration in construction and property management.

Ownership category

akta.pro rank

Product category

Real Estate Investment & Syndication

NAICS

Hotels (except Casino Hotels) and Motels (72111), Other Investment Pools and Funds (5259), Other Financial Investment Activities (5239)

SIC

Investment Advice (6282), Real Estate Dealers (For Their Own Account) (6532), Hotels & Motels (7011)

akta.pro primary industry

Real Estate Funds — Opportunistic / Development (FSANAEAI)

akta.pro secondary industries

Hospitality (Hotels & Resorts) Asset Management (BPAJAMAE), Urban & Downtown Full-Service Hotels (THAGAAAA)

Keywords

• Real estate syndication
• Apartment investments
• Hotel investments
• Passive real estate
• Accredited investor offerings

Headquarters

HQ city

Cincinnati

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Infrastructure

Revenue model

1. Syndication Management Fees: Earn management fees from overseeing syndicated real estate deals including acquisition, renovation oversight, and asset management. Typical dividend yield of 5-10% paid to investors as preferred return.
2. Profit Sharing / Equity Returns: Investors receive 30-50% equity share in deals plus 6-8% preferred return. Nassau retains 50-70% equity stake. Target 12-18% IRR for investors with potential to 2X capital in 5 years.
3. Deal Sourcing and Acquisition Fees: Revenue from sourcing off-market hotel and apartment deals, with fees earned on acquisition and disposition of properties.

Pricing tiers

Go-to-market motion2 records

Distribution channels2 records

Marketing channels4 records

Core offering

Nassau Investments pools capital from accredited investors to acquire, renovate, and reposition value-add apartment buildings (50+ units) and branded hotels (Marriott, Hilton, Hyatt) across the United States. Investors commit a minimum of $100,000 for apartment deals or $200,000 for hotel deals, receiving a 6-8% preferred return plus a 30-50% equity share in profits, with a target of 12-18% IRR over multi-year holds.

Product overview

Nassau Investments operates as a real estate syndication firm offering passive investment opportunities in apartment buildings and hotels. The core offering consists of syndicated real estate deals where investors pool capital to acquire and reposition properties, with typical minimum investments of $100,000-$200,000. The company also provides educational content through its 'From Broke to Millions' book and the Weiss Advice Podcast. Investment returns are structured with 6-8% preferred returns plus 30-50% equity sharing, targeting 12-18% IRR.

Differentiator

Problem solved

Functional benefit

Products and services

• Apartment Investment Deals Syndicated value-add apartment acquisition and renovation offerings targeting 50+ unit properties across the U.S., with a $100,000 minimum investment, 6-8% preferred return, and 30-50% equity share. Designed for accredited investors seeking passive ownership in repositioned multifamily assets.
• Hotel Investment Deals Syndicated branded hotel acquisition and repositioning offerings for properties such as Marriott, Hilton, and Hyatt, delivered with Nassau's hotel operator partner managing over 5,000 rooms. Minimum investment $200,000, with 6-8% preferred return plus 30-50% equity share, targeting 12-18% IRR for accredited investors.
• Real Estate Syndication Services End-to-end syndication services for accredited investors, including deal sourcing, investor qualification, acquisition oversight, construction management, asset management, and reporting via the AppFolio investor portal. Investors commit $100,000 (apartments) or $200,000 (hotels) and receive preferred returns plus equity share over multi-year holds.

Quantifiable outcome

• No investor losses since 2006 despite acquiring bad deals
• +6 more outcomes

Named customers1 record

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature2 records

Partnerships

Five partnerships are on record, tiered core and minor.

• Hotel Operator Partner CompanycoreStrategic or Co-development PartnerStrategic partnership with hotel operator company managing over $1.5 billion in hotel assets with 1,700 employees. Enables Nassau to acquire and reposition hotels nationwide with professional management. Partner has 30+ years hospitality experience including brands like Marriott, Hilton, Hyatt, and Disney.
• Brian FryminorOthers30 years in hospitality and development with experience at Hilton, GE Capital, and Winston Hotels.
• Paul StantonminorOthers25 years in hospitality with international operations experience at Disney, Hilton, Marriott Choice Brands.
• Dan FayminorOthers35 years in hospitality with experience at Stouffer, Hilton, Hyatt, and Marriott.
• Nuview TrustminorOthersSelf Directed IRA Custodian that invited CEO Mike Ealy as guest speaker to educate on hotel investing using SDIRA.

Scale indicators8 records

Recent moves6 records

Expansion highlights5 records

Emerging players

• Roofstock: Marketplace for single-family rental investment properties with portfolio management services. Partial overlap in serving passive real estate investors seeking hands-off income, though Roofstock focuses on SFR rather than multifamily and hotels.
• BiggerPockets: Largest real estate investing community and education platform. While not a direct syndicator, BiggerPockets connects investors to syndicators like Nassau and is the dominant content and community channel for individual real estate investors — comparable audience overlap.

Broad incumbents

• Pebblebrook Hotel Trust: Public REIT focused on urban and resort hotels, including brands operated under Hilton, Marriott, and Hyatt flags. Comparable in hotel acquisition and repositioning strategy, though Pebblebrook operates at institutional scale with public market capital versus Nassau's private syndication model.
• Hersha Hospitality Trust: Public REIT focused on branded upscale hotels in urban markets. Comparable hotel asset focus and brand relationships (Marriott, Hilton, Hyatt), though operates at institutional scale with permanent capital versus deal-by-deal syndication.

Direct peers

• RealtyMogul: Online platform for accredited investors to invest in commercial real estate through REITs and individual syndications. Overlapping business model of pooling accredited investor capital into individual real estate deals, with apartment and hotel exposure.
• EquityMultiple: Real estate crowdfunding platform offering accredited investors access to commercial real estate equity and debt deals. Comparable on serving accredited investors with higher minimums and curated deal flow, including value-add multifamily and hospitality assets.
• American Capital Group: Multifamily real estate investment and development firm with in-house construction management. Comparable in executing value-add apartment investments with vertically integrated capabilities for accredited investor capital.
• CrowdStreet: Online marketplace for accredited investors to participate in commercial real estate syndications and direct deals. Comparable in serving accredited investors with pooled real estate offerings, though CrowdStreet operates as a tech-enabled marketplace whereas Nassau runs a more relationship-driven syndication model.
• Meriwether Companies: Real estate investment firm focused on multifamily value-add acquisitions with vertically integrated construction and property management. Strong operational comparable given shared vertical integration thesis and similar value-add apartment strategy.
• Fundrise: Real estate investment platform offering pooled exposure to apartment, single-family rental, and commercial real estate for individual investors. Both firms pool capital for residential and hospitality-adjacent real estate, though Fundrise uses a more diversified, lower-minimum eREIT model.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/nassauinvestments555
• LinkedInlinkedin.com/company/nassau-investments

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Nassau Investments