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The Criterion Fund: Verified Investor Reviews on Invest Clearly

5.00

Sponsor
Actively Raising

Overview

The Criterion Fund is a real estate investment company focused on buying and adding value to community shopping centers in secondary markets across the country. We target centers with below-market rents, deferred maintenance, and other value-added opportunities we can use to create great value for our investors. In addition, we also participate in single-tenant net lease construction projects and sale leasebacks of assets in arbitrage opportunities. We look to remain nimble and opportunistic in the dynamic retail real estate market.

Address

13315 E 112th St N

Owasso,

Oklahoma

74055

Year Founded

2019

Operates In

Colorado

Florida

Georgia

Illinois

Kansas

Asset Classes

Retail

Accepted Investors

Accredited

Family Office

Institutional

Non-Accredited

Details

Assets Under Management$116M
Number of Deals Exited5
Average IRR49.69%
Average Equity Multiple1.41x
AAR11.00%

Deals
1

Deal Thumbnail

Cincinnati MSA, Kroger Shadow Anchored Value Add Center with 11%+ CoC

Target IRR22% - 24%
Minimum Investment$50,000
Hold Period3 years - 7 years
Close Date4/15/2025
Closed

Reviews
13

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highlighted review

Verified Investor

5.00

"Great Sponsor with Top Notch Communication"

I've invested in many real estate syndications across 9 or 10 sponsors. Criterion has by far been my favorite. If you have questions, they are always easy to get ahold of and will actually answer questions. The deal structures they bring are straight forward and easy to understand. No BS and no shenanigans. Their underwriting always seems to be on the conservative side. My first deal with them was around 18 months ago and I currently have eight active deals with them. One has already gone full cycle and sold for greater than the pro forma estimate. They truly appear to care about the quality of the deals for investors unlike some of my other sponsors who seem to be about milking fee collection. I have not done any real estate investments in the last 18 months other than with Criterion.

AP

Arpen P.

5.00

"Great Experience"

I’ve had an outstanding experience with The Criterion Fund. Andy and his Team are professional, transparent, and highly knowledgeable. Their investment strategies are well researched, and I’ve seen consistent, strong returns that exceeded my expectations. The level of communication and support is top-notch—they keep investors informed every step of the way and are always available to answer questions. It’s clear that they prioritize trust and long-term success. If you're looking for a reputable sponsor with a track record of delivering great results, I highly recommend The Criterion Fund.

BT

Brian T.

5.00

"Criterion Fund - Excellent Service, Communications and Results"

We've had the opportunity to invest in three separate Criterion Fund projects over the past 18 months. Criternion Fund representatives have always done a great job clearly communicating the project attributes in advance of our investments. The project descriptions and pro-formas are easy to understand and help us make good investing decisions. If unexpected surprises pop up prior to or during the investment lifespan (positive or negative) the team does a great job communicating in a timely and transparent manner. We have been very satisfied with the returns generated during our time with Criterion. IRR and cash-on-cash returns have hit or surpassed the targets established at time of investment, indicating the team does a great job managing the revenue, cost and investment aspects of each project. We've found the team to be very responsive to our questions and very helpful as we've performed our pre-investment due diligence activities. We'd highly recommend the Criterion Fund as an excellent source of real estate investment opportunities. We will continue to invest with the team and look forward to continued great results.

Verified Investor

5.00

"Outstanding "

I am currently investing with Criterion, and so far the returns match or outperform the expectations. Also the communication is outstanding. Andy is very available, and takes the time to answer every questions.

CP

Cort P.

5.00

"Extremely Helpful"

Andy was extremely helpful and presented several deals. He guided us in the right direction for our first one, which has performed very well. I am excited to continue to invest with them in future opportunities.