Frequently Asked Questions
Get to Know Niyya
What's Niyya Equity Group's story?
After investing in stocks, precious metals, and real estate for years, Omar realized that real estate was one of the only asset classes that didn't have have a good way for faith based investors to invest without loans. This was especially true for large commercial real estate that usually cost millions of dollars. This was unfortunate because commercial real estate is where many of the wealthiest families created their wealth.
Prior to launching Niyya, Omar spoke with dozens of individuals who expressed the same problem: they wanted to invest in large commercial real estate but didn't have the cash to do it alone, and didn't want to compromise their beliefs by using loans. There was a desperate need for a community pooled investing. This is where Niyya Equity Group comes in.
In September of 2013, President Obama passed Title II of the JOBS Act which made it possible for companies to raise money from accredited investors to fund businesses and real estate acquisitions. Niyya Equity Group was formed to pool capital from many investors that share the same goals as Niyya - invest without loans or interest. Niyya finds the deal, raises capital, manages the deal, then pays dividends to investors.
How is Niyya different than other real estate investing groups?
Have you had any exits?
Who is on your team and what are their roles?
You can learn more about the Niyya team here.
Can I contact you to ask questions or learn more?
Our Deals
Where do you invest?
We are based in Arizona and invest in Arizona submarkets that are experiencing high population and job growth. Arizona is one of the fastest growing states which results in a growing demand for apartments.
Since we live in Arizona, we are in the trenches every day looking for the best deals for our investors, and are on-site making sure our projects are running smoothly. We have strong local relationships that we utilize for deal sourcing, construction, and asset management
What do investor returns look like?
Do you use any debt?
How long do you hold the properties?
Will there be capital calls?
A capital call is when a sponsor has to go back to the investors to ask for more money. This can occur due to unexpected capital expenditures, or due to changes in the interest rate market which have caused some multifamily investors to need to bring new money to the table to refinance their short-term or variable interest rate financing.
We have never done a capital call and raise extra funds from the beginning just in case there are unexpected issues. We also complete thorough inspections before acquiring properties so we can accurately estimate how much money is needed. Finally, we do not use short-term, or bridge debt financing which often forces sponsors to do capital calls due to changing interest rates.
Will you be refinancing the properties?
No, we will not be refinancing any deals.
What happens if you can't sell the property in 3-5 years?
All of our deals are cash flowing properties that quickly begin distributing cash flows to investors soon after acquisition. If they can't be sold for the anticipated sale price in 3-5 years they will continue distributing cash to investors until market conditions improve and the property can be sold.
Who Can Invest?
Can anyone invest in your deals?
We work with both accredited and non-accredited investors.
Do you have to be Muslim to invest?
Do I need to 'get accredited' before investing?
Certain investments will be available to accredited investors only. We will verify your accredited status before accepting your investment in these offerings.
An accredited investor is someone who makes more than $200,000 per year or $300,000 as a couple, for at least two years. You can also be an accredited investor by having a net worth over $1 million excluding your primary home.