Go Big with Gib Podcast
Go Big with Gib is a podcast for professionals, business owners and entrepreneurs to talk about their big wins.
Go Big with Gib Podcast
Ep 72. Fund Update with Health Wealth Capital
We're excited to share important updates about our medical real estate fund with Health Wealth Capital, which is delivering steady cash flow and long-term growth potential. With 10.375 million already committed toward our 11 million target, we're close to completing our capital raise while maintaining our promised 8% returns.
• Portfolio now valued at $29.5 million with $2.3 million in year one net operating income
• Recently distributed $36,000 to investors, representing the promised 8% cash-on-cash return
• Portfolio includes 13 properties with 17 medical tenants
• Targeting 16-20% base IRR with upside potential for 25-35%
• New strategic CFO Justin Deutsch brings healthcare expertise from managing a $390 million portfolio
• Monthly distributions begin the first quarter after closing
• Portfolio improvements include better economics, stronger tenants, and longer lease terms
• Targeting a 2-3x equity multiple on investments
If you're interested in learning more about this medical real estate opportunity, reach out to me directly for the updated investor presentation and detailed fact pack.
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Welcome to the Go Big with Gibb podcast, where we talk to professionals, business owners and entrepreneurs about their big wins. Welcome back to the Go Big with Gibb show, where we talk about wealth building, escaping the rat race and living life on your own terms. I'm your host, gibb Irons. Today we're diving into some exciting updates about our medical real estate fund with Health Wealth Capital. So buckle up and let's go big. Friends, if you've been following this show, you know I'm all about smart investments that deliver steady cash flow and long-term upside. Our medical real estate fund is one of those opportunities, and I've got some exciting news to share with you from our lead sponsor, aj Peak. This is about building wealth the right way calculated, disciplined and with an eye for the future. First, let's talk about our capital raise. As of today, we have 10.375 million committed towards our 11 million target. We expect to close the gap within the next few days. We just released our updated investor presentation reflecting the current portfolio and the team, as well as a more detailed fact pack.
Speaker 1:Over the past three months, we have significantly upgraded our portfolio. We've made smart swaps, strengthening our offering. We've walked away from properties that we had under LOI that did not withstand scrutiny when we did our due diligence. These changes have allowed us to update the portfolio with assets offering better economics, stronger tenants and longer lease terms, while maintaining our advertised return metrics. Now let's talk about investor distributions, which I'm really excited about. This month, my investors received $36,000 in cash flow distributions, representing an 8% cash-on-cash return, as advertised. So where do we stand now?
Speaker 1:The portfolio is valued at $29.5 million, with $2.3 million in year one net operating income. We're purchasing 13 properties with 17 medical tenants and offering an 8% preferred return and a base IRR of 16 to 20%, with the upside potential for a 25 to 35% IRR. Monthly distributions kick in the first quarter after closing and we're targeting a 2 to 3x equity multiple. That's the kind of deal that gets me excited Cash flow now and big growth later. Oh, and here's a big win the team just brought on Justin Deutsch as a strategic CFO and advisor. This guy's a heavy hitter CFO of Guardian Dentistry Partners, managing a $390 million portfolio across 165 locations. His healthcare and real estate expertise is already sharpening the fund's diligence and operations. That's the kind of leadership that turns a good deal into a great one.
Speaker 1:Look, if you're tired of the stock market roller coaster or low-yield savings accounts. Medical real estate is the way to plant a flag in something real, something tangible. This fund is about stability, growth and taking control of your financial future. Aj's team just released updated materials, an updated investor deck and a detailed fact pack that's available now. If you're interested, reach out to me to get the full scoop. That's it for today's episode of Go Big with Gibb. Keep thinking big, stay disciplined and take the next step towards living life on your own terms. Until next time, this is Gibb Irons signing off. Gib Irons signing off. Thank you for listening to this episode of Go Big with Gib. If you haven't already, go follow us on social media at Gib Irons. We'll see you next time.