Sortis Fund Manager, LLC

Sortis Fund Manager LLC provides discretionary investment management exclusively to private, real estate‑focused pooled vehicles. The firm advises six funds — including multiple Opportunity Zone development vehicles, a rescue/distressed asset fund, a loan‑focused income fund, and a private REIT — and manages roughly $202 million in regulatory assets under management on behalf of those funds.

The firm’s investment work is guided by fundamental and cyclical analysis of real estate markets and by the specific objectives and offering documents of each fund; strategies span opportunity‑zone development, stabilized core/core+ acquisitions, acquisition and origination of real‑estate‑backed loans, and purchases of non‑performing or distressed assets. Sortis exercises full discretionary authority for fund portfolios and oversees activities such as loan servicing, REO management, and the use of third‑party or affiliate service providers, with allocation procedures and a Code of Ethics intended to govern conflicts and personal trading.

Distinctive aspects disclosed in the brochure include the combination of multiple Opportunity Zone funds alongside both a distressed “rescue” fund and a private REIT within a single manager, and the firm’s authority to determine fair value of fund assets for valuation and fee purposes. The brochure also details several related‑party arrangements — including a parent‑company promissory‑note program, potential affiliate transactions and coinvestments, and an affiliated adviser holding interests tied to the firm — which the firm identifies as potential conflicts it seeks to mitigate through policies and oversight.