PropTEX

What PropTEX does

Proptex is a privately held US real estate investment fund offering accredited investors an 11% targeted annual preferred return through a single product, the Proptex Income Advantage Fund I. The fund operates a three-layer legal architecture — a C-Corporation Feeder (Proptex Income Advantage Fund I Feeder, Inc.) that accepts Class A Income and Class B Growth Preferred Shares, a Master L.P. (Proptex Income Advantage Fund I, L.P.), and wholly-owned Operating Companies — which together produce 1099-DIV tax reporting instead of K-1s and centralize control of realization timing.

The fund deploys capital across three verticals: distressed residential property acquisition at 25-40% below market (35-45% target allocation), high-cash-flow specialty leasing to operators of Residential Assisted Living facilities, co-living homes, short-term rentals, and mobile home parks (35-45% allocation), and short-term real-estate-secured lending at 12-18% interest with 65% maximum LTV (10-20% allocation). Underwriting is supported by a proprietary in-house "Data Engine" that analyzes market trends, neighborhood performance, renovation ROI, borrower strength, and resale liquidity. Risk controls include a targeted 150% aggregate collateral-to-capital coverage ratio and avoidance of rural markets.

The go-to-market is direct-to-accredited-investor, with a $100,000 minimum investment, a 12-month minimum commitment, and 60-day redemption windows. Distribution is via a secure online subscription portal supplemented by a small investor relations team and content-led marketing (website, YouTube, LinkedIn, Instagram). The fund claims no management fees, with economics tied to participation in realized gains. The fund manager, Jay Patel, holds 25+ years of real estate experience and is positioned as the central credibility asset for the offering.

Name

PropTEX

Legal name

The Proptex Funds

Website

https://proptex.com/

Company type

Private

Founded year

2020

Operating status

Operating

Headcount range

1–10 employees

Short description

Proptex is a US-based private real estate investment fund offering accredited investors a targeted 11% annual preferred return through distressed property acquisition, specialty leasing, and short-term real estate lending, distributed directly via a subscription portal.

Ownership category

akta.pro rank

Product category

Real Estate Investment Fund

NAICS

Other Investment Pools and Funds (5259), Other Financial Vehicles (52599)

SIC

Real Estate Dealers (For Their Own Account) (6532), Mortgage Bankers & Loan Correspondents (6162)

akta.pro primary industry

Real Estate Credit / Debt Funds (FSANAEAJ)

akta.pro secondary industries

Real Estate Funds — Core (Stabilized, Income) (FSANAEAF), Real Estate Funds — Opportunistic / Development (FSANAEAI)

Keywords

• Real estate fund
• Preferred return investment
• Distressed property acquisitions
• Short-term real estate lending
• Specialty leasing income

Headquarters

HQ city

Barcelona

HQ country

Spain

HQ region

Europe

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Operations, Personnel, Technology or R&D

Revenue model

1. Distressed Property Acquisition: Acquiring undervalued and distressed residential real estate at 25% or more below market value, including short sales, foreclosures, and tax-related acquisitions. Properties may be sold to realize gains or retained as income-producing rental properties.
2. High-Cash-Flow Specialty Leasing: Owning real estate leased to specialty operators including Residential Assisted Living facilities, co-living homes, short-term rental properties, and mobile home parks. The fund functions as landlord receiving premium rental rates with longer lease terms.
3. Short-Term Real Estate Lending: Originating or participating in short-term, real-estate-secured loans (typically 6-10 months duration) to finance property renovations or repositioning projects. Loans secured by conservative LTV ratios with 12-18% interest plus earned points.
4. Preferred Return Distributions: 11% cumulative preferred return paid from realized gains. Class A investors eligible for quarterly distributions (up to 2.75% per quarter). Class B investors have returns accrue to NAV with compounding.

Pricing tiers

Go-to-market motion2 records

Distribution channels4 records

Marketing channels5 records

Core offering

Proptex operates the Proptex Income Advantage Fund I, a real estate-backed investment fund targeting an 11% annual preferred return. The fund deploys capital across three complementary verticals: distressed property acquisition (25-40% below market value including short sales, foreclosures, and tax-related acquisitions), high-cash-flow specialty leasing (residential assisted living facilities, co-living homes, short-term rental properties, and mobile home parks), and short-term real estate-secured lending at conservative 65% LTV with 12-18% interest. The fund uses a C-Corporation feeder structure to provide 1099-DIV tax reporting instead of K-1 partnership taxation.

Product overview

Proptex offers a single unified product: the Proptex Income Advantage Fund I, a real estate-backed investment fund targeting 11% annual preferred returns. The fund operates through a three-layer structure: a C-Corporation Feeder Fund (Proptex Income Advantage Fund I Feeder, Inc.) that accepts investor capital via Class A (Income) or Class B (Growth) Preferred Shares, which feeds into a Master Fund (Proptex Income Advantage Fund I, L.P.) that manages the portfolio, which in turn deploys capital through Operating Companies holding real estate assets and loans. The fund generates returns through three complementary investment verticals: distressed property acquisition (35-45% allocation), high-cash-flow specialty leasing (35-45% allocation), and short-term real estate lending (10-20% allocation). The structure uses corporate blockers to provide 1099-DIV tax reporting instead of K-1s.

Differentiator

Problem solved

Functional benefit

Brands

• Proptex Income Advantage Fund I: The main fund vehicle offering targeted 11% annual preferred returns, fully secured by real estate assets, with three investment verticals: distressed property acquisition, high-cash-flow specialty leasing, and short-term real estate lending.

Products and services

• Proptex Income Advantage Fund I A real estate-backed investment fund designed to generate consistent 11% annual preferred returns through three complementary verticals: distressed property acquisition, specialty leasing, and short-term real estate lending. The fund uses a C-corporation feeder fund structure to provide 1099-DIV tax reporting and is available only to accredited investors with a $100,000 minimum investment.

Quantifiable outcome

• 11% targeted annual preferred return vs approximately 9-10% S&P 500 historical average
• +4 more outcomes

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Scale indicators12 records

Recent moves5 records

Expansion highlights5 records

Market position

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• YouTubeyoutube.com/@jaypatelproptex?si=dcONFwDfdRCdk8ES
• LinkedInlinkedin.com/company/myproptex
• Instagraminstagram.com/proptexfunds?igsh=MXR4bXh4djI0bTVnZA%3D%3D&utm_source=qr

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Subsidiaries3 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 PropTEX