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 84. Medical Real Estate Momentum: Series 1 Update & Series 2 Launch
We provide a comprehensive update on our medical real estate fund partnership between Irons Equity and HealthWealth Capital, highlighting milestones achieved in Series 1 and exciting opportunities ahead in Series 2.
• Series 1 has closed on 8 of 13 properties with remaining closings imminent
• Monthly cash flow distributions already being received by Series 1 investors
• Series 1B investors will begin receiving distributions by end of August
• Series 2 has 13 medical buildings under LOI with a target of 30 buildings total
• Targeting $20 million raise with several current investors preparing to commit $4+ million
• 8% preferred return with 16-20% base IRR and upside scenario of 25-35%
• Up to $50,000 in year-one depreciation for every $100,000 invested
• Triple net leases in recession-resistant healthcare real estate
• Monthly distributions begin approximately 90 days after closing
• Exit strategies include REIT sales and potential REIT conversions
To learn more or reserve your spot in this investment opportunity, follow us on social media @GibIrons.
Follow us on Social Media:
Facebook: https://www.facebook.com/gibirons1
Instagram: https://www.instagram.com/gibirons/
LinkedIn: https://www.linkedin.com/in/gibirons/
Website: https://theironslawfirm.com/about/gib-irons
Welcome to the Go Big With Gibb podcast, where we talk to professionals, business owners and entrepreneurs about their big wins. Hey guys, and welcome back to Go Big With Gibb, the show where we dive into real estate, entrepreneurship and bold moves that build generational wealth. I'm your host, gibb Irons, attorney, entrepreneur and founder of Irons Equity. Today's episode is an exciting one. We're giving you an investor update on our medical real estate fund, where Irons Equity has proudly partnered with HealthWealth Capital. If you're already in this deal or looking to get in, this is a must listen. Let's start with Series 1. We have officially closed on 8 of the 13 properties in our Series 1 portfolio. This week, we're scheduled to close on two more properties and the final three are expected to close shortly thereafter, bringing Series 1 to full completion. This is a huge milestone and a testament to the power of strategic, healthcare-backed real estate. Series 1 investors have already begun receiving monthly cash flow distributions for May, June and July, and if you're a Series 1B investor, your distributions will start by the end of August. That's consistent, reliable passive income exactly what we promised.
Speaker 1:Now we're entering Series 2 with tremendous momentum. We already have 13 medical buildings under LOI and we're targeting a total of 30 buildings for this series. Several of our current investor relationships are preparing to commit $4 million or more and we're raising a total of $20 million. As I've talked about in the past, it's an 8% preferred return, 16% to 20% base IRR, with an upside scenario of 25% to 20% base IRR, with an upside scenario of 25 to 35%. If we sell to a REIT and can arbitrage the compressed cap rates, monthly distributions begin approximately 90 days after closing. This is long-term triple net leases and recession-resistant healthcare real estate with significant tax advantages. You're going to get up to $50,000 in year, one depreciation for every $100,000 invested. This is a powerful opportunity to generate stable income, diversify your portfolio beyond multifamily and build yourself an attractive exit strategy. We're targeting both REIT sales and potential REIT conversions, giving investors flexibility and upside.
Speaker 1:If you've been waiting for the right moment to go big, this is it To learn more or reserve. Thank you for making this a reality. Until next time, I'm Gibb Irons, reminding you to think big, move smart and always Go Big with Gibb. Thank you for listening to this episode of Go Big with Gibb. If you haven't already go, follow us on social media at Gibb Irons. We'll see you next time.