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Ep 72. Fund Update with Health Wealth Capital · Go Big with Gib Podcast

• 0:00
  Speaker 1: Welcome to the Go Big with Gibb podcast, where we talk to professionals, business owners and entrepreneurs about their big wins.
• 0:06
  Speaker 1: 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.
• 0:16
  Speaker 1: I'm your host, gibb Irons.
• 0:18
  Speaker 1: Today we're diving into some exciting updates about our medical real estate fund with Health Wealth Capital.
• 0:24
  Speaker 1: So buckle up and let's go big.
• 0:27
  Speaker 1: 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.
• 0:34
  Speaker 1: 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.
• 0:42
  Speaker 1: This is about building wealth the right way calculated, disciplined and with an eye for the future.
• 0:48
  Speaker 1: First, let's talk about our capital raise.
• 0:50
  Speaker 1: As of today, we have 10.375 million committed towards our 11 million target.
• 0:55
  Speaker 1: We expect to close the gap within the next few days.
• 0:58
  Speaker 1: We just released our updated investor presentation reflecting the current portfolio and the team, as well as a more detailed fact pack.
• 1:06
  Speaker 1: Over the past three months, we have significantly upgraded our portfolio.
• 1:10
  Speaker 1: We've made smart swaps, strengthening our offering.
• 1:14
  Speaker 1: We've walked away from properties that we had under LOI that did not withstand scrutiny when we did our due diligence.
• 1:21
  Speaker 1: 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.
• 1:32
  Speaker 1: Now let's talk about investor distributions, which I'm really excited about.
• 1:37
  Speaker 1: This month, my investors received $36,000 in cash flow distributions, representing an 8% cash-on-cash return, as advertised.
• 1:47
  Speaker 1: So where do we stand now?
• 1:48
  Speaker 1: The portfolio is valued at $29.5 million, with $2.3 million in year one net operating income.
• 1:55
  Speaker 1: 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.
• 2:09
  Speaker 1: Monthly distributions kick in the first quarter after closing and we're targeting a 2 to 3x equity multiple.
• 2:16
  Speaker 1: That's the kind of deal that gets me excited Cash flow now and big growth later.
• 2:21
  Speaker 1: Oh, and here's a big win the team just brought on Justin Deutsch as a strategic CFO and advisor.
• 2:28
  Speaker 1: This guy's a heavy hitter CFO of Guardian Dentistry Partners, managing a $390 million portfolio across 165 locations.
• 2:37
  Speaker 1: His healthcare and real estate expertise is already sharpening the fund's diligence and operations.
• 2:42
  Speaker 1: That's the kind of leadership that turns a good deal into a great one.
• 2:46
  Speaker 1: Look, if you're tired of the stock market roller coaster or low-yield savings accounts.
• 2:51
  Speaker 1: Medical real estate is the way to plant a flag in something real, something tangible.
• 2:55
  Speaker 1: This fund is about stability, growth and taking control of your financial future.
• 3:00
  Speaker 1: Aj's team just released updated materials, an updated investor deck and a detailed fact pack that's available now.
• 3:07
  Speaker 1: If you're interested, reach out to me to get the full scoop.
• 3:10
  Speaker 1: That's it for today's episode of Go Big with Gibb.
• 3:13
  Speaker 1: Keep thinking big, stay disciplined and take the next step towards living life on your own terms.
• 3:18
  Speaker 1: Until next time, this is Gibb Irons signing off.
• 3:21
  Speaker 1: Gib Irons signing off.
• 3:25
  Speaker 1: Thank you for listening to this episode of Go Big with Gib.
• 3:28
  Speaker 1: If you haven't already, go follow us on social media at Gib Irons.
• 3:32
  Speaker 1: We'll see you next time.