Insights & News

NEWPORT BEACH, CA – April 5, 2022 – On May 4, 2022, Wilshire Finance Partners is slated to welcome new investors back into the WFP Income Fund, LLC as it increases its lending focus in seniors housing and healthcare real estate. The sector’s unique resiliency combined with demographic tailwinds favorably positions it as a high-performing, long-term alternative investment option.

“Wilshire is fortunate to have a strong investor base and often experienced a waiting list for new investments into the WFP Income Fund. In order to avoid oversubscribing the fund, over the last couple of years we continued to accept a limited number of additional investments from our existing investors, and substantially curtailed accepting new investors into the fund. In 2021, we refocused our lending and investments in the seniors housing and healthcare real estate sectors of the market and started to see a substantial uptick in activity in late 2021 and the first quarter of 2022,” said Don Pelgrim, CEO of Wilshire Finance Partners.

“We closed the year with a well-performing portfolio that continued to provide stable monthly income and principal protection to our investors. It’s now time to welcome new investors back into the Fund who are looking for a short-term fixed-income alternative investment which provides monthly cash flow, is non-correlated to the stock and bond markets, and has little to no sensitivity to interest rates.”   

Factors such as the experience gained by the owners and operators of senior housing facilities and healthcare agencies managing and guiding facilities through the pandemic over the last 2 years; new policies, procedures, and protocols that have been developed to help mitigate COVID-19 exposure in facilities; the efficacy of vaccines; renewed demand reflected in rebounding occupancy numbers; and the first wave of Baby Boomers nearing the typical age range of new residents in seniors housing facilities, make the sector attractive today and over the longer term.

The seniors housing and healthcare real estate sectors have historically demonstrated greater resiliency and higher income quality in challenging economic environments compared to other asset classes, resulting in an asset class considered to be a lower-risk investment with strong returns.

For investors seeking portfolios with a purpose and investments in people, the positive social impacts of providing capital to the sector are seen through the delivery of better facilities, healthcare, and services to elderly residents to improve and extend the quality of their life in their later years.

“In addition to continuing to lend in the multifamily and commercial real estate sector, we believe that growing our lending and investment activities in seniors housing and healthcare real estate sectors of the market will generate positive results for the Fund and its investors,” said Pelgrim.

About Wilshire Finance Partners:

Established in 2008, Wilshire Finance Partners is a leading real estate finance and investment firm providing short-term fixed income investment opportunities secured by seniors housing, healthcare, multifamily, and commercial real estate.

As a fund manager and portfolio lender focused on real estate debt and equity investments, Wilshire brings a disciplined, conservative approach to lending and investing. Our cross-industry expertise in banking, real estate law, and investment management is what makes us different and gives our clients access to diverse resources that blend institutional sophistication with an entrepreneurial approach. 

About the WFP Income Fund, LLC

The WFP Income Fund, LLC (the “Fund”) is a short-term alternative fixed-income investment that seeks to provide Stable Income and Principal Protection® primarily through the Fund’s investments in first trust deeds and mortgages secured by seniors housing, healthcare, multifamily, and commercial real estate. 

For more information, please visit https://wilshirefp.com/investors

About Wilshire Finance Partners and our investment alternatives.

Wilshire Finance Partners, Inc. (“Wilshire”) specializes in real estate finance and investments and is the manager of the WFP Income Fund, LLC (“WFP Income Fund”) and the WFP Opportunity Fund, LLC (“WFP Opportunity Fund” and collectively with the WFP Income Fund, the “Funds”). The WFP Income Fund invests in a diversified pool of residential, multifamily, and commercial real estate related short-term bridge loans secured by first trust deeds and mortgages. The WFP Opportunity Fund invests in a diversified pool of residential, multifamily, and commercial real estate related short-term bridge loans, participating loans, real estate joint ventures, and direct real estate investments. Wilshire commenced operations in January 2008 and launched the WFP Income Fund and the WFP Opportunity Fund in September 2013.

The WFP Income Fund is approved for both retirement and non-retirement accounts on the following alternative investment platforms:

• Charles Schwab; (SSID Number available through an Advisor)

• Fidelity Investments (National Financial Services or NFS); CUSIP Number 94699K534

• Pershing as WFP INCOME FUND LLC; CUSIP Number 929LP9220

• TD Ameritrade as WFP INCOME FUND LLC NSA; CUSIP Number 93099B102

The WFP Opportunity Fund is approved for both retirement and non-retirement accounts on the following alternative investment platform:

• Charles Schwab; (SSID Number available through an Advisor)

• Fidelity Investments (National Financial Services or NFS); CUSIP Number 94699B948

• TD Ameritrade as WFP OPPORTUNITY FUND NSA; CUSIP Number 93099C100

In addition, each of the WFP Income Fund and WFP Opportunity Fund are approved for self-directed retirement accounts and various other platforms without the need for the CUSIP number, including, Community National Bank, Equity Trust Company (Sterling Trust), Millennium Trust Company, Provident Trust Company, Strata Trust Company and Shareholder Services Group.

Each of the WFP Income Fund and WFP Opportunity Fund is open to investors, wealth managers and individual investment advisors under the above referenced platforms using standard subscription and transfer procedures.

Investors and advisors may also invest directly through Wilshire. Individual investors not using a third-party advisor may be required to meet additional requirements of the platform providers.

Safe Harbor Statement

This communication is not an offer to sell or the solicitation of offers to purchase the securities of either of the Funds, individual loan or trust deed investments, or otherwise (individually and collectively, the “Securities”). The purpose of this communication is to provide an overview of the respective Securities and their private placement. Persons interested in learning about the Securities and their private placement will be provided with the respective Private Placement Memorandum (inclusive of exhibits thereto and any supplements, the “Memorandum”), which provides a description of the Securities, the terms of their private placement, a discussion of risk factors, a copy of the limited liability company operating agreement for the fund (as applicable), a subscription agreement and other information related to the Securities.

This communication contains certain forward-looking statements regarding the Securities and the investment objectives and strategies of each of the Funds. The forward-looking statements are based on current expectations that involve numerous risks and uncertainties which are difficult or impossible to predict accurately and many of which are beyond the control of Wilshire, as the manager of the Funds. Although Wilshire believes that the assumptions underlying the forward-looking statements are reasonable, any of the assumptions could prove inaccurate and, therefore, there can be no assurance that the forward-looking statements will prove to be accurate. In light of the significant uncertainties inherent in the forward-looking statements, the inclusion of such information should not be regarded as a representation by Wilshire, any placement agent, or any other person, that the objectives and strategies of the respective Securities or the Funds will be achieved.

Investments in the Securities may only be made solely by accredited investors (which for natural persons, are investors who meet certain minimum annual income or net worth threshold), who are provided with the Memorandum and who complete, execute and deliver the subscription documents included therein. Each of the Securities is being offered in reliance on an exemption from the registration requirements of the Securities Act of 1933, as amended (the Securities Act) and are not required to comply with specific disclosure requirements that apply to registration under the Securities Act. The Securities Exchange Commission has not passed upon the merits of or given its approval to the Securities, the terms of the offering, or the accuracy or completeness of any offering materials. Each of the Securities is subject to legal restrictions on transfer and resale and investors should not assume they will be able to resell the Securities. Past performance is not indicative of future results. Investing in any of the Securities, including the Funds, involves substantial risk, including loss of investment, and is not suitable for all investors.

Contact:

Wilshire Finance Partners, Inc.
Donald H. Pelgrim, Jr.
(866) 575-5070
DPelgrim@wilshirefp.com

Source: Wilshire Finance Partners, Inc.