# Nada

Nada is an Asset Manager based in Dallas, United States.

## Overview

- **Organization type:** Asset Manager
- **Headquarters:** Dallas, United States
- **Region:** North America
- **Address:** Dallas, TX, United States
- **Assets under management:** Undisclosed
- **Website:** nada.co
- **LinkedIn:** https://www.linkedin.com/company/methe

## Regulatory record

- **Reports private funds:** No

## About

Nada is a Dallas-based company founded in 2018. It focuses on providing access to the $27 trillion home equity market for retail investors and homeowners. The company has secured $22.46 billion in total funding.

## Sectors

- FinTech
- Real Estate

## People

- Tore Steen — CEO
- John Green — Co-Founder & COO
- Jesse Stein — Chief Investment Officer
- Sundance Brennan — VP of Revenue
- Justin Wang — VP of Capital Markets
- Michael McGrail — VP of Product

## Questions

### What is a Home Equity Agreement and how does Nada structure them?

Nada's Home Equity Agreement (HEA) provides homeowners a lump sum of up to $500,000 in exchange for a share of the home's future appreciation. Homeowners face no monthly payments, and Nada realizes its return when the property sells or is refinanced. The structure shares both upside and downside, aligning Nada's outcome with the homeowner's.

### How do Cityfunds work for investors?

Cityfunds are SEC-qualified securities that give investors fractional exposure to home equity shares in specific U.S. cities. Instead of buying property directly, an investor owns a portfolio of Home Equity Agreements tied to homes in a target urban market. This provides residential real estate exposure with liquidity and downside sharing built into the agreements.

### Who manages investment strategy and capital markets at Nada?

Jesse Stein serves as Chief Investment Officer, overseeing portfolio construction and HEA underwriting. Justin Wang leads capital markets as VP, managing the firm's institutional funding relationships — notably the $150 million partnership with Medalist Partners closed in January 2026. The investment team blends fintech credit structuring with traditional real estate asset management.

### What is Nada's relationship with the Coalition for Home Equity Partnership?

Nada joined the Coalition for Home Equity Partnership as the fourth originator member in December 2025 (per EIN Presswire, December 2025). The coalition brings together HEA originators to establish industry standards and advocate for the shared-appreciation product category with regulators and consumer groups.

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Last updated: 2026-06-03T20:00:00.000Z

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