The CRE Equity Alert

Real-Time Intelligence on Commercial Real Estate Capital Raises


August 25, 2025

In Today’s Edition

Today’s alert features 7 offerings totaling approximately $56 million, including offerings from StayVest, Forman Capital, and Rockstar Capital. Sponsors are located in Dover, DE, Delray Beach, FL, and Houston, TX.

Offering Amounts range from $1.3 million to $25 million, with Minimum Investments up to $100,000. Today’s offerings include 1 fund and 6 single-asset offerings.

GPs in Focus

StayVest is a boutique hospitality investment firm specializing in acquiring, transforming, and operating underutilized boutique hotels and unique short-term rental properties. The firm is led by founder Blake Dailey, who brings experience from completing six boutique hotel acquisitions and owning over $27 million in real estate assets.

Offering Name: STAYVEST BOUTIQUE HOTEL FUND I LLC

Offering Amount: $25,000,000

Investment Minimum: $100,000

Type of Offering: 506(c)

Forman Capital is a South Florida–based commercial real estate investment firm that provides fast and flexible debt and equity financing nationwide. Founded in 2004, the firm has executed over $3 billion in commercial real estate financing. In 2024 alone, Forman Capital closed more than $324 million in loans. Forman Capital currently employs approximately +/- 14 people.

Offering Name: FC TA Robertsdale JV, LLC

Offering Amount: $20,105,000

Investment Minimum: $0

Type of Offering: 506(b)

Rockstar Capital is a Houston, TX–based vertically integrated real estate investment and property management firm specializing in multifamily assets. Founded in 2011, the company has grown to oversee over 4,567 units across 23 apartment communities in the greater Houston area, supported by a dedicated in-house team committed to operational excellence and culture-driven service

Offering Name: Rockstar Waterchase, LLC

Offering Amount: $6,500,000

Investment Minimum: $50,000

Type of Offering: 506(b)

CRE Capital Raises: August 25

GP/Sponsor

Location

Offering Name

Minimum Investment

$ Offering Amount

Evergreen Devco Inc

PHOENIX, AZ

Alpine Maryland, LLC

$156000

$1,300,000

Stratford Partners

DEL MAR, CA

SPRE New Garden, LLC

$15,000

$1,657,622

StayVest

DOVER, DE

STAYVEST BOUTIQUE HOTEL FUND I LLC

$100,000

$25,000,000

Forman Capital

DELRAY BEACH, FL

FC TA Robertsdale JV, LLC

0

$20,105,000

Rockstar Capital

HOUSTON, TX

Rockstar Waterchase, LLC

$50,000

$6,500,000

RV Ventures USA

PLANO, TX

RV Ventures Ada, LLC

$50,000

$2,000,000

JSB Capital

BALTIMORE, MD

Camp Creek Investor LLC

0

Indefinite

Final Word

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- The Mill Analytics Team