Wilshire Quinn Capital, Inc. announced today that its private real estate lending fund, the Wilshire Quinn Income Fund, has been approved on the Charles Schwab Alternative Investment Platform. As such, both retail investors and Registered Investment Advisors can now invest directly in the Wilshire Quinn Income Fund through the Charles Schwab platform.
Launched in 2011, the Wilshire Quinn Income Fund makes short-term real estate loans on properties with substantial equity in senior or first lien position, and has a low correlation to the equity and bond markets. The Fund has returned 6.67% (net of fees) to their investors in 2018 and has returned 57.33% (net of fees) since inception, with 86 consecutive months of positive returns.
We are pleased to announce that Charles Schwab investors will now be able to purchase our lending fund through their own retail accounts. As we continue to grow, additional investor capital will allow us to have a more diversified portfolio of short-term real estate loans, said CEO Christopher M. Garcia.
Available to accredited investors, the Wilshire Quinn Income Fund can be purchased in both retirement and non-retirement accounts through Charles Schwab under Securities Number 51326330. The Fund can also be purchased directly from Wilshire Quinn Capital, Inc., which serves as manager of the Wilshire Quinn Income Fund.
Added Garcia, Real estate lending is an underutilized asset class which is not readily available to retail investors. As the equity and bond markets continue to struggle, we feel more investors will be looking to diversify their portfolio into a fund like ours which offers consistent returns and is secured by real estate with significant equity.
The Wilshire Quinn Income Fund has become popular for fixed-income investors in search of passive income on a monthly basis without the volatility. As rising interest rates continue to weaken the bond markets, the Wilshire Quinn Income Fund adheres to a precise strategy of lending on equity rich properties in coastal and metropolitan areas. To request more detailed information on the Wilshire Quinn Income Fund, please call 619-872-6000 or email [email protected].
About Wilshire Quinn
Wilshire Quinn is a California hard money lender, with offices in San Diego, Los Angeles and San Francisco, and typically funds loans in 5 to 7 business days. Wilshire Quinn originates loans ranging from $200,000“$10,000,000 and works with commercial and residential real estate owners nationwide.
Loans are made or arranged by Wilshire Quinn Income Fund, LLC pursuant to California Finance Lenders Law license #603J060. Wilshire Quinn Capital, Inc. serves as manager of the Wilshire Quinn Income Fund, LLC. The information above is deemed reliable but is not guaranteed. The historical investment performance of the Fund mentioned above is through October 31, 2018. Past performance is not indicative of future returns or Fund results. An investment in the Fund involves risks, which are disclosed in the Private Placement Memorandum of Wilshire Quinn Income Fund, LLC under Risk Factors. Distribution payouts to investors are not a guaranteed return and may vary or become adversely affected by market conditions. Nothing contained in the information above is an offer or solicitation for the purchase or sale of any security. Any such offer to purchase securities will be made only through the Private Placement Memorandum of Wilshire Quinn Income Fund, LLC.
Wilshire Quinn Capital, Inc.
Matthew Mielke, Director of Business