HERITAGE COMMERCIAL REAL ESTATE & TECHNOLOGY INVESTMENTS
Venture Capital. Real Estate Expertise. TM
Representative Portfolio Companies
FUNDRISE
#1 Direct-to-Investors Real Estate Investment Platform
Fundrise is an investment service with over $7 Billion in transaction volume and a mission to democratize real estate investing. Fundrise grants users access to professional investment management and a market of private real estate funds. Investors save 20-40 percent on broker, management, and administrative costs, resulting in up to 33 percent higher annual returns than a traditional private equity real estate fund. www.fundrise.com
FUNDRISE INNOVATION FUND
The public ticker for private techSM
Fundrise Innovation Fund is a closed-end venture fund listed on the New York Stock Exchange under the symbol VCX that provides ordinary investors with pre-IPO exposure to leading private technology companies, concentrated in AI: Anthropic, Databricks, OpenAI, Anduril, Ramp, and SpaceX, among others. It targets AI, machine learning, data infrastructure, and software. www.fundrise.com/vcx
CROWD STREET
#1 Direct-to-Accredited-Investors Real Estate Investment Platform
CrowdStreet is the leading online commercial real estate investing platform that matches accredited investors with more than 500 real estate investment opportunities, including individual assets and funds. Some of the largest and most respected deal sponsors, such as Greystar, Walker & Dunlop, and Harbor Group International, use CrowdStreet to raise equity capital and reach accredited investors. Since 2014, CrowdStreet's investor community has funded more than $3.5 billion in investments and received over $200 million in distributions. www.crowdstreet.com
PAYFORWARD
Leading Healthcare Benefits Platform with customized Flexible Spending Card
PayForward is a benefits administration platform for health plans. Its Flex Card (a Mastercard prepaid debit card) enables insurers to load multiple supplemental benefits onto one card, with spending restricted by category, food, OTC, transportation, and rewards. PayForward owns the tech stack and acts as direct bank agent, enabling fast CMS compliance updates and tighter plan control. 3M+ Members 54+ Programs 2 Billion Transactions 100% Client Retention www.payforward.com
REAL AI
Institutional Quality Real Estate Analytics
RealAI is a fully trained, always-on intelligence engine that delivers institutional-grade insights for any property, portfolio, or geography—instantly. Built on a proprietary model that ingests virtually every datapoint a professional needs—rents, financials, historical sales, market dynamics, demographics, household financials, and spending patterns of 250 million U.S. adults. RealAI turns raw data into clear, actionable analysis. www.realai.com
HeritageVC AIRA Fund I
Prosperity = AI (RA + IP + HC)
Heritage VC.ai invests in technologies applying AI to create distinctive, lasting, and substantial increases in the value of real assets. Fund I is open to investment by accredited investors at this time. www.heritagevc.ai
Leadership
Heritage CRETech Ventures
Venture Capital. Real Estate Expertise.®
Lewis G. Feldman
Founder/Chief Executive Officer
J.D., Executive Editor Law Review,
University of California, Davis, 1982
B.A. with Highest Honors,
University of California, Santa Cruz 1978
After a storied 35-year career in Big Law as one of America's prominent capital markets lawyers, Lew Feldman founded Heritage Capital Ventures LLC in 2015 to invest in technologies that deliver higher investment returns and broader capital access at lower costs and higher efficiency. Heritage CRETech Investments was founded in 2020 to raise and deploy capital for applicable real estate technologies. HeritageVC.ai was formed in 2025 to raise and deploy capital consistent with its thesis. Lew has helped to raise more than $100 billion in debt and equity for real estate and financial technology companies. Lew serves as Chairman of the Board of the University of California Ziman Center for Real Estate at the John Anderson Graduate School of Management. Lew has appeared on media channels including ABC, CNBC, CBS, Bloomberg Television, Fox, Sirius, YouTube, and various industry podcasts. Lew's ideas and opinions have been covered in national, regional, and trade publications, including Barron's, The Los Angeles Times, The Los Angeles Business Journal, The New York Times, The Wall Street Journal, Fortune, and Forbes.
Our Education Partners
We actively participate in thought leadership with America's leading universities and organizations
UCLA Center for Real Estate
The UCLA Ziman Center for Real Estate advances real estate thought leadership by generating research, educating the next generation of business leaders and social entrepreneurs, and providing meaningful forums for industry professionals and policymakers.
The Wharton School
One of the world’s premier business schools, Wharton offers students knowledge and experience to become business leaders in real estate and beyond and positively impact the world.
USC Center for Real Estate
The USC Lusk Center for Real Estate seeks to advance real estate knowledge, inform business practice, and address timely issues that affect the real estate industry, the urban economy, and public policy.
Milken Institute
The Milken Institute is a non-profit, nonpartisan think tank determined to increase global prosperity by advancing collaborative solutions that widen access to capital, create jobs and improve health.
Urban Land Institute
The Urban Land Institute provides leadership in the responsible use of land and in creating and sustaining thriving communities worldwide.
