Pretium Single-Family Rental Manager III, LLC focuses on real estate, mortgage finance, corporate and structured credit and specialty finance. Pretium's clients invest in single-family residential real estate properties, aiming to maximize returns through purchasing, leasing, and managing a diversified portfolio of residential properties in select markets across the United States. Pretium's strategies include single-family rental, build-to-rent and affordable housing. Pretium's clients are generally pooled investment vehicles, single investor funds, managed accounts, or joint ventures.
Pretium's clients generally pay a management fee and a performance fee. The management fee is generally 0.35% to 2.0% of the total capital committed or invested, or the net asset value. The performance fee is generally 10% to 50% of the net capital appreciation of the client's account.