A small group (perhaps called the Strategy Group, a subset of members or the Board) proposes a Model Deal with parameters such as market, asset class, operator type, impact lens — to guide what kinds of deals the group might pursue together.

Having established themselves as Members by paying annual dues that cover the group’s fixed costs, Members pledge a certain investment level annually, and allocate these among the various Model Deals.

A pledge is a Member’s “soft circle” dollar amount that they will commit toward a Model Deal based on the parameters. Half of this amount is wired to Escrow, where it will earn interest until it’s deployed. This step helps gauge alignment and activate sourcing momentum.

Any member can bring a real opportunity that fits the parameters of the Model Deal. This information is posted to the Club‘s Portal that maintains all information about deals in the funnel. The submitting member can also opt to become the “Deal Lead” — the person helping shape the deal, gather materials, and drive it forward.

Like a fire house “on call” waiting for the signal, the Credit Committee, a standing, rotating group elected from among membership, reviews the deal to confirm alignment with a Model Deal.

Inspired by Credit Committee’s from the banking industry, if the Credit Committee finds it a 100% match to the Model Deal, they also authorize a refundable earnest money deposit to secure exclusivity and a defined diligence window.

Now that the deal is temporarily secured, the deal is published to all membership via the Club’s Portal which includes details on terms, timing, and other key materials that will assist membership in the next phase.

Members with relevant expertise — perhaps organized into skill pods — take on specific aspects of diligence (financials, sponsor review, comps, impact, etc.).

Findings are posted to the shared portal for all members to review, question, or build upon. The Deal Lead coordinates, but diligence is a group effort.

Members who pledged to the model deal vote to proceed — based on the final terms and results of diligence. If quorum and approval thresholds (perhaps 2/3rds majority) are met, those who pledged are required to fund their commitments.

Committed members wire funds to a shared LLC or other group-controlled vehicle. This entity acquires and holds the property directly.

At this stage, a small administrative fee (e.g. 1% of contribution) is collected to cover shared costs — like legal, diligence, and execution support.

An internal lead or administrator executes the transaction on behalf of the group — with no promote, no fee layers, and full transparency.

Members receive financial performance updates. We share learnings back into the group — what worked, what didn’t, and how we might refine the next round.