Wellings Evergreen Income Fund
by Wellings Capital
The short version
Wellings Capital is offering a multi-asset fund in Illinois, Ohio and Minnesota. The plan is to buy property that needs work and improve it. You own units in the fund rather than any one property. It holds 3 properties. It is open-ended and is raising up to $100M. The minimum is $50K, distributions are monthly, and the lockup is 1 year. Wellings Capital estimates year 1 depreciation at 5% of what you invest; how much of it you can use depends on your own taxes.
Meet the team behind it
A private deal is a bet on the people running it — who they are, what else they've done, and whether this deal looks like it.
Runs the deal day to day and owns the business plan.
Led by Paul Moore
3 properties
Across 3 states
Does it fit your plan?
Matched against the plan you wrote. Open any row to see what your plan said.
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Deeper diligence — opens as you move through your pipeline
The heavy diligence sits behind the funnel. The further you go, the more we open — advance your pipeline to unlock each.