Sysoma Partners

Most real estate development follows a familiar playbook: buy land, build cheaply, sell quickly, move on. It maximizes short-term returns by offloading costs onto communities, ecosystems, and the people who actually live in the buildings. Sysoma was founded on the belief that this approach is becoming both ecologically and financially untenable — and that a better model is not only possible but more profitable over time.

Sysoma Partners is a vertically integrated real estate development and fund management platform based in the Pacific Northwest. We develop high-quality residential and mixed-use properties in supply-constrained markets across Washington, Oregon, and California — and we manage the capital invested in them through our own closed-end fund structure.

We call our approach Regenerative Real Estate Development. In plain terms, that means we build things that are durable, ecologically thoughtful, and genuinely good for the communities they enter — because we've found that those are also the properties that hold value longer, attract and retain quality tenants, and perform better across a full investment cycle.

The business runs on three integrated revenue streams:

Development fees are earned on each project we build — 4% of total project cost. Fund management fees come from the capital we raise and steward — a 2% annual management fee and 20% carried interest after an 8% preferred return to investors. Property stewardship income is earned through our wholly owned subsidiary, Sysoma Stewardship, which manages the long-term operations of our assets at 6% of effective gross income.

This structure means investors in Sysoma Partners participate in the operating company itself — not a single deal or project — which gives the platform recurring fee income, performance-linked upside, and long-term enterprise value that compounds across funds.

Our fund investors are high-net-worth individuals, family offices, and impact-oriented allocators who want meaningful exposure to real assets — returns that are financially competitive and aligned with how they want to see capital deployed. Our tenants and buyers are people who care about where and how they live, and who recognize quality when they see it.

Our first project — Fieldlight Row in La Conner, Washington — is currently under construction. It's a collection of four architecturally driven townhomes at the edge of Skagit Valley farmland, built with full-height atriums that pull natural light through every level, clean contemporary lines, and durable materials selected for the long term. Total project investment is $2.5 million, with a projected sale of $3.9 million after a two-year hold and an estimated IRR of approximately 25%. Fieldlight Row cleared all entitlements on schedule and broke ground in early 2026.

Sysoma is led by Joel Fariss, Founder and CEO. Joel spent nearly two decades at the intersection of architecture, place-making, and systems strategy — including seven years as Director of Applied Research and Strategic Futures at Gensler, the world's largest privately held architecture firm, where he helped shape millions of square feet of built environment across four continents. He previously served as Senior Innovation Advisor to the Mayor of Seattle and has advised public and private sector leaders globally. He lives in the Pacific Northwest with his wife and two kids.

Joel is supported by a Fractional CFO with 20+ years experience in global finance, legal counsel through ImpactGC, and accounting through Sensiba. This team is supported by a seasoned advisory bench. A full-time COO is planned post-close.

Sysoma has a four-fund roadmap targeting $425 million in AUM, with Fund I ($25 million target) launching in Q4 2026. The platform is designed to grow more durable with each successive fund — early revenues supported by development and management fees, long-term value compounding through carried interest and wholly owned operating income.

We're building the kind of company we'd want to invest in: careful, values-rooted, financially disciplined, and designed to last.