March 2021

Rycore Capital acquires Medical Office in Bellaire, TX

(HOUSTON, TX) – Rycore Capital, as part of a new business relationship with Fairway America LLC, a national leader in middle market real estate private equity, acquired an off-market ~58,000 square foot Class B multi-tenant medical office property in Bellaire, Texas. The acquisition was completed through Rycore’s commingled fund business. The acquisition is the inaugural investment in the relationship between Rycore and Fairway.

As Co-Managers, Rycore Capital and Fairway America will provide asset management as well as investor relations and reporting services to the new venture. Verivest, a subsidiary of Fairway, will provide financial ongoing accounting, reporting, and tax services. Mike Navarro of Shackelford, Bowen, McKinley & Norton LLP represented the buyer as legal counsel.

“Rycore and Fairway are pleased to have executed on this acquisition together, offering investors access to a medical office property that we believe has significant upside through leasing, professional management and exit optionality with an excess land sale opportunity. The property fit very well with our firm’s investment objectives and should provide income and diversification benefits to our investors,” said Ryan Urech, Founder and CEO.

“Fairway is very excited to put together our first of what we hope are many deals with Ryan and Rycore,” said Matt Burk, CEO of Fairway America. “Both Rycore and the Bellaire asset are exactly the kinds of people and opportunities we work hard to make available to our investors.”

About Rycore Capital LP
Rycore Capital LP (the “Firm”) is a Houston-based real estate investment manager with approximately $200 million AUM, focused on acquiring, leasing and managing income producing properties that deliver superior real estate solutions to our tenants while providing our investment partners with consistent value-add, core-plus and core returns. The Firm offers two investment platforms to investors: Fund Management and Direct Investment Advisory. The Firm aims to provide a solution with its institutional quality real estate investment management process to high net worth, family office and institutional investors. For more information regarding Rycore, visit the Company’s website at

About Fairway America LLC
Fairway America, a full-service investment firm, is a leader in U.S. middle market real estate private equity investments and advisory services. Fairway’s process of vetting and partnering with select execution reduces friction points for investors and opens greater investment opportunities in the vast, highly fragmented, and opportunity-laden $8+ trillion* middle market.

Established in 1992, Fairway enjoys a unique position of strength in evaluating potential investments in all asset classes and providing investors with streamlined access to this market segment. Its visceral and grassroots understanding of the middle market space enables Fairway to provide co-sponsors with key functions in the investment process and provide investors with uniformity, transparency, and access. Fairway, and its subsidiary, Verivest LLC, are recognized in the sponsor and the investor communities as leaders in U.S. middle market real estate. For more information regarding Fairway, visit the Company’s website at

*Source: Nareit Research, July 2019 “Estimating the Size of the Commercial Real Estate Market” and 4Q19 United States Capital Market Report, Newman Knight Frank.

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