Hi Reader,
We hosted a webinar on preferred equity last week. Did you catch it?
You can get the recording here.
Today’s email covers another vital question: "Why are we in a limited window of opportunity for top preferred equity deals right now?"
As a reminder, preferred equity sits in the middle of the capital stack. It can provide debt-like repayments ahead of common equity, with additional upside to investors. It generally carries less risk than common equity but typically has a capped upside.
Preferred equity is more needed right now than usual, and with this supply and demand imbalance comes better terms and returns for groups like Wellings Capital.
Why is Preferred Equity Compelling in General?
Why is Preferred Equity a Compelling Investment Right Now?
Why is Right Now a Limited Window for Preferred Equity?
To be clear, we are not raising preferred equity for one-off deals. And we have not established a separate fund for preferred equity.
The preferred equity deals we're investing in are creating increased projected returns in our Wellings Real Estate Income Fund. This is the only fund that Wellings Capital has available, and we are doing a special raise right now to fund some of the best opportunities in front of us.
If you'd like to learn more, please schedule a call with us here.
If you’re ready to get started, you can do so here.
At this time in the cycle, we are pleased to add preferred equity to the Fund's portfolio on your behalf.
Best,
Paul Moore
Managing Partner | Wellings Capital | www.wellingscapital.com
Schedule a Call with Us |
Review Fund Documents or Start Investment Process |
P.S. On Friday's webinar, we discussed creating and distributing a glossary for preferred equity terms. We created the glossary, and you can access it here.
As a reminder, documents and funds for this round are due by 5 PM ET on May 31st. As of today, we have a large preferred equity deal scheduled to close the first week of June.
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DISCLAIMER: 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. A more detailed explanation of the various assumptions and risks associated with hypothetical information in this email is set forth in the Private Placement Memorandum ("PPM") for Wellings Real Estate Income Fund ("WREIF"). Please read the PPM before making any investment decisions. All terms of this email are subject to the terms of the PPM. 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.
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