Hi Reader, The response to our sixth fund, the Wellings Real Estate Income Fund (the "Fund"), continues to be strong in our view. The Fund has received about $58 million in commitments so far, and over 400 investors are in the Fund as of today. We're closing the doors on this round tomorrow, March 29th, and the deadline for funding is tomorrow by 5:00 PM ET. We expect to deploy capital into pending investment opportunities over the next 2-4 weeks, though there are no guarantees as we have not yet finalized due diligence. You can complete the investment process quickly online. You can still invest in this round, but you would have to get started right away. We can accept wires until 5:00 PM tomorrow. Here is a list of frequently asked questions: https://www.wellingscapital.com/faq You can review documents and get started here: https://wellingscapital.investnext.com/portal/offerings/1589/ There will be other opportunities to get into the Fund this year as the Fund is not yet closing permanently; however, keep in mind that depreciation is allocated based on months invested in the Fund in 2024 and that we expect distributions to begin approximately one month after investing.* Prospective investors can access the Fund's previous quarterly reports detailing all holdings after doing a call with us and signing an NDA. Feel free to reply to this email if you have any other questions or if you would like to chat with us briefly. Best, Paul Moore Managing Partner | Wellings Capital | www.wellingscapital.com
P.S. Yesterday, we received this email from an investor in the Wellings Real Estate Income Fund. Personal information is redacted. We realize that without our investors, we wouldn't have a business, and we don't take our investors' trust lightly. This light industrial property (acquired in April 2023), with just over 88,000 square feet, is in Las Vegas, Nevada, and is in the Wellings Real Estate Income Fund. This is one of 40 properties/portfolios in the Fund with diversification across twelve operators and seven asset types. We expect to continue to add additional properties and operators to the Fund over time. Helpful Links Our Goal to Free Human Trafficking Victims Tax Strategist Recommendations Self-Directed IRA and 401(k) Custodian Recommendations Paul's Books on Self-Storage and Multifamily Did someone forward you this email? Join our email list here and receive additional free commercial real estate and investing resources. * DISCLAIMER: Past performance is no guarantee of future results. There is no guarantee that any projected results will be achieved. Investors should consider the investment objectives, risks, charges, and expenses of the Wellings Real Estate Income Fund (the "Fund") before investing. For a Private Placement Memorandum (“PPM”) with this and other information about the Fund, please call 800-844-2188 or email invest@wellingscapital.com. Please read the PPM carefully before investing. The information contained in this email communication is for information purposes, does not constitute a recommendation, and should not be regarded as an offer to sell or a solicitation of an offer to buy any security in any jurisdiction where such an offer or solicitation would be in violation of any local laws. All investing involves the risk of loss, including a loss of principal. We do not provide tax, accounting, or legal advice, and all investors are advised to consult with their tax, accounting, or legal advisers before investing. Information and any opinions contained in this email communication have been obtained from sources that we consider reliable, but we do not represent that such information and opinions are accurate or complete and thus should not be relied upon as such. Note that all testimonials and endorsements are views alone of the investor. No payments were made for any endorsement or testimonial, and, other than being invested in the fund, we are not aware of any other conflicts presented by the investor. |
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We recently announced that we anticipate the Wellings Real Estate Income Fund's (the "Fund") share pricing increasing moderately at the end of this month. Friday, June 28th is the last day to invest at the original share price. Reader, this paragraph from a 2023 housing report from Harvard surprised me: "Between 2019 and 2021, the number of cost-burdened renters—defined as those spending more than 30 percent of their income on housing—increased by 1.2 million to a record 21.6 million...
Reader, We're writing to current and prospective investors to inform you of an upcoming change that may impact your next investment decision for the Wellings Real Estate Income Fund (the "Fund"). You may recall that the Fund is a registered (but non-traded) fund. This means that, unlike nearly all the private real estate offerings in our space, the Fund offers a significant degree of transparency. This includes annual audits (RSM is our auditor), quarterly financial reports, third-party...
Hi Reader, If you’ve been on our email list for at least a few months, you know that we are bullish on real estate preferred equity. Preferred equity sits between debt and common equity in a capital stack for a real estate deal. It features some of the best aspects of both debt and equity. See a graphic example below. Like common equity (and unlike debt), investors benefit from depreciation to receive tax-advantaged income and the potential to make outsized returns. Like debt (and unlike...