Institutional-grade terms, quarterly tear sheets, third-party audited financials, and a direct line to our principals. Built for RIAs, multi-family offices, foundations and trusts, and denominational endowments.
IWP's institutional share class is onboarding to Schwab Alternative Investment Marketplace — giving RIAs consolidated reporting, standard subscription workflows, and held-away visibility inside your existing custodial stack. Pershing and Fidelity integrations follow in the same cycle.
Three reasons that matter to a fiduciary — structure, transparency, and access.
8% preferred return with an 80/20 promote, quarterly distributions, and K-1 reporting. Minimum commitments scaled for allocator relationships.
Every fund audited by BDO USA. Administrator of record: IQ-EQ. Quarterly tear sheets cover performance attribution, property-level cap rates, occupancy, and Purposed CARE operational metrics — delivered in the format your platform already ingests.
Advisor relations run by a dedicated institutional wholesaler — with direct access to the founder and CEO, not a sales layer. Deal-by-deal underwriting review available to qualified allocators, plus standing office hours for portfolio managers during commitment windows.
Class I — built for advisors and institutions, with the reporting cadence your platform already ingests.
Our full advisor DDQ is available to qualified allocators under NDA. It covers every section your investment committee will ask for.
Lower preferred return (8% vs 12%) paired with an 80/20 promote above the pref, rather than a fixed 10% promote. The structure favors allocators deploying size who want participation in upside beyond the pref.
Targeting Q3 2026 general availability for subscriber RIAs. Pilot group begins Q2 2026. Pershing and Fidelity integrations follow in the same cycle.
1.5% asset management fee, 1% acquisition fee, 1% disposition fee. No hidden layers. Full fee table in the DDQ.
Yes, for qualified allocators committing size — typically around MFN rights, reporting enhancements, and co-investment access on larger transactions.
Purposed CARE has documented operational upside — stronger renewals, retention, and NOI — laid out in our DDQ. But we do not underwrite a Purposed CARE lift into our base case. The deal economics stand on conservative assumptions; the CARE upside is real, and we treat it as upside, not as the basis for the return.
BDO USA audits every fund annually. IQ-EQ serves as third-party fund administrator. Legal counsel: Bond, Schoeneck & King. Tech stack: InvestNext for subscription & reporting.
Quarterly cash distributions targeted at the preferred return, with excess above pref distributed per the waterfall at realized events. K-1 delivery by March 15 each year.
No. All IWP offerings are limited to accredited investors under Reg D 506(c). We verify accreditation via third-party services prior to subscription.