The Criterion Fund Details
Assets Under Management$116M
Number of Deals Exited5
Average IRR49.69%
Average Equity Multiple1.41x
AAR11.00%
5.00
The Criterion Fund Website
The Criterion Fund 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
Richmond, VA Shopping Center Investment, Projected 20%+ IRR and 13%+ CoC
Cincinnati MSA, Kroger Shadow Anchored Value Add Center with 11%+ CoC
Texas Value Add Portfolio Acquisition
highlighted review
Verified Investor
5.00
"Review "
Thoroughly responds to questions before and after investment. Only invested recently, but distributions are great thus far (double digit cash on cash).
Craig D.
5.00
"Exceeded Expectations on 2 Full Cycle Investments"
I have invested in two Criterion CRE offerings both of which have gone full cycle. They have exceeded my expectations. I have met the partners in person in their office and they are experienced professionals. They publish regular updates and provide timely K1s which is important to my CPA and I. I am looking to invest in another Criterion deal as I prefer CRE with a good sponsor over the stock market.
Verified Investor
5.00
"Investor"
Great team and investment thesis. They do a great job of keeping their investors up to speed on the deals and often outperform their original underwriting. I will continue to invest with them in the long term. Great job, team Criterion.
J Y.
5.00
"Very strong sponsor that you can trust"
I am a pretty active real estate investor whose been involved in over 80+ deals across 45+ different sponsors. I met Andy when he was working for another firm and decided to give Criterion a chance after having a really good conversation with him shortly after he joined Criterion. I started investing with Criterion in July 2024 and have had two deals already go full cycle that achieved very respectable IRRs in a short time period. I'm also invested in three other deals with Criterion that have strong return potential and I'm confident that Andy and the Criterion team will do their absolute best to meet or exceed the proformas. After dealing with over 45 sponsors, I can honestly say that there's only about 8 that I would ever considering investing with again and Criterion is near the top of that list. I look forward to investing with Andy and Criterion for many years to come because I trust them to be good fiduciaries with my money.
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.
