Why we built OnlyFundNO. 001 / SPRING 2026

A real estate development fund, backed by experts.

OnlyFund is the bridge between developers, projects, land owners, and accredited investors. Every side is underwritten by active developers — and vetted by our partners in municipal administrations, architecture, and Harvard real-estate faculty.

Live snapshot · Portfolio metrics · updated weekly
AS OF APRIL 2026
Target IRR+
18–24%
net to LPs
Minimum
$250K
506(c)
Hold
36 mo
avg. cycle
AUM+42%
$180M
YoY

Good capital can’t find good deals.
Good deals can’t find good capital.

Real estate development is a trillion-dollar market with no matching layer. Both sides are guessing. Both sides are losing. Both sides are waiting for someone to build the bridge.

For years we watched capable investors struggle to find credible South Florida deals, while strong developers fought to raise capital through fragmented broker networks and cold introductions.

Every transaction ran on spreadsheets, PDFs, and word of mouth. There was no trusted digital home where qualified investors and vetted developments could meet.

Real estate shouldn’t depend on who you know. It should depend on what’s actually real.

Gevorg Shahbazyan
Founder · CEO

Two sides.
No reliable bridge.

Investors can't verify quality at scale. Developers can't reach qualified capital efficiently.

For investors

The diligence bottleneck

  • 01Opaque deal flow — best projects stay in private rolodexes
  • 02No standard way to compare IRR, capital stack, or risk
  • 03Zero visibility once capital is committed
  • 04Quarterly PDFs instead of real-time updates
For developers

The capital chase

  • 01Expensive, slow broker-led fundraising cycles
  • 02Repetitive investor Q&A and document distribution
  • 03No single source of truth for reporting
  • 04Trust gap: new investors need proof, not promises

An investors club,
reinvented as a platform.

OnlyFund is the digital home where accredited investors meet vetted South Florida developments — with the transparency institutional capital expects.

01 / 04

Curated deal flow

Only projects that pass underwriting, legal, and sponsor review reach the marketplace.

02 / 04

Full transparency

Capital stack, IRR, waterfalls, and budgets — visible before you commit.

03 / 04

Live monitoring

Weekly updates, site cameras, and milestones once construction begins.

04 / 04

Investor UX

Dashboard, WhatsApp alerts, and an AI assistant — built for people, not spreadsheets.

We qualify every side
of the deal.

Our edge isn't matchmaking — it's underwriting. Developers, projects, land, and capital each pass their own diligence before entering the club.

Developers
I / IV
  1. 01
    Track record
    Minimum three delivered projects in-market
  2. 02
    Entity & principals
    LLC structure, ownership, and KYC
  3. 03
    Financial standing
    Bonding, liquidity, and reference calls
  4. 04
    Prior LPs
    Direct references from earlier investors
Projects
II / IV
  1. 01
    Underwriting
    Pro forma, sensitivity, and stress tests
  2. 02
    Architecture review
    Third-party design and constructability
  3. 03
    Capital structure
    Stack, waterfall, and Reg D filing
  4. 04
    Disclosures
    PPM, operating agreement, and risk factors
Land
III / IV
  1. 01
    Title & zoning
    Clean chain and entitlement status
  2. 02
    Environmental
    Phase I, survey, and geotech
  3. 03
    Highest & best use
    Comp set and pre-development modelling
  4. 04
    City review
    Sign-off from our municipal partners
Investors
IV / IV
  1. 01
    Accredited
    Verified per SEC Rule 501
  2. 02
    Compliance
    KYC / AML and source of funds
  3. 03
    Fit interview
    Profile, goals, and investor relations call
  4. 04
    Activate
    Portal and data-room access
Underwriting partners
Municipal and county administrations · leading architecture practices · Harvard Graduate School of Design faculty · independent Reg D counsel

Four surfaces.
One experience.

Landing, dashboard, opportunities, and project detail — each designed for clarity, trust, and daily use.

01PUBLIC

Landing

Public entry point with featured deals and application.

02MEMBER

Dashboard

Portfolio, distributions, and live phase tracking.

03MEMBER

Opportunities

Searchable marketplace with IRR and funding status.

04MEMBER

Project detail

Capital stack, waterfall, updates, and media.

Everything an investor
actually wants.

01Analytics

Portfolio dashboard

Real-time totals, returns, distributions, and phase tracking per project.

02Analytics

Returns modeling

IRR projections, distribution schedules, and equity multiples — deal by deal.

03Marketplace

Deal discovery

Filter by development, land, or value-add with live funding progress.

04Ops

Construction monitoring

Live cameras, weekly reports, milestones, and photo updates.

05Ops

Financial transparency

Capital stack, waterfall, budget tracker, and quarterly reports.

06Security

Compliance & security

Reg D verification, KYC/AML, MFA, and encrypted documents.

07AI

AI assistant

Ask questions, generate reports, surface insights on demand.

08Channel

WhatsApp alerts

Instant updates and direct chat with your investment manager.

South Florida is the stage.
The timing is now.

Miami-Dade, Broward, and Palm Beach continue to absorb record inbound capital, talent, and migration — creating a generational window for curated real estate development.

Market signals · four reasons the window is open
SPRING 2026
U.S. private RE AUM+
$1.2T
The asset class institutions already love.
Fastest wealth metro+
№ 1
Miami leads U.S. HNW migration.
Accredited households+
13M+
The addressable investor base.
Deals by rolodex
60%
The opportunity we're digitising.

↳ Figures are directional. Sources available in the data room.

Operators, underwriters,
and builders.

A team that has lived both sides — sponsoring developments and deploying private capital into them.

Gevorg Shahbazyan

Founder · CEO

Led the original vision and developer relationships across South Florida.

Arman Shahbazyan

CFO

Oversees underwriting, capital structure, and investor reporting standards.

Mike V.

Head of Product

Drives platform design, investor experience, and technology delivery.

Investor Relations

Club Services

Dedicated concierge team onboarding and supporting every accredited member.

Join the club.

We're inviting a founding cohort of accredited investors and a short-list of vetted developers to launch OnlyFund in South Florida.

For investors

Apply to the club

Full portal access, curated deal flow, and a dedicated relationship manager.

For developers

List a project

Reach qualified capital with a streamlined underwriting and listing process.

For partners

Strategic partnership

Co-build the infrastructure of real estate development in South Florida.