Question 1

What does Health Wealth Capital invest in?

Accepted Answer

Health Wealth Capital buys single-tenant medical real estate: dental, orthodontic, oral surgery, veterinary, dermatology, urgent care, and other specialty medical buildings leased to healthcare providers on long-term triple-net (NNN) leases. The portfolio spans 90+ buildings owned or under contract across 26 states, with no single state above 12% of income and no single tenant above 5%.

Question 2

Who is behind Health Wealth Capital?

Accepted Answer

Health Wealth Capital was founded in 2017 by A.J. Peak (Kellogg MBA, Carnegie Mellon BA, formerly Merrill Lynch and McKinsey), who founded Peak Dental Services and grew it to a ~$100M, 50-location dental service organization. The team includes a CFO who previously ran finance for a $390M, 165-location dental group and led healthcare lending at East West Bank, a COO who ran operations for 500+ staff across 50 dental locations, and a capital markets lead who has helped raise $110M+ for private real estate.

Question 3

What returns does Health Wealth Capital target?

Accepted Answer

Health Wealth Capital offerings target 7-8% cash-on-cash distributions paid monthly, an 8% preferred return, a 16-20% base-case IRR, and a 2-3x equity multiple over a roughly five-year hold. The upside case, a portfolio sale to a healthcare REIT or an UPREIT formation, targets 25-35% IRR. Profits split 80/20 to investors up to a 15% IRR, 70/30 to 22%, and 50/50 above that. Targets are projections, not guarantees; see the offering documents for risk factors.

Question 4

What is Health Wealth Capital's track record?

Accepted Answer

Since 2017 Health Wealth Capital has had zero vacancies and zero rent delinquencies across the portfolio. Series 1 and Series 2 of Health Wealth Fund One were both oversubscribed, investors receive monthly distributions, and the owned portfolio carries a 2.0x debt service coverage ratio at a conservative 65% loan-to-value. Properties acquired to date carry an estimated average IRR of about 18% on a five-year projected basis.

Question 5

How does Health Wealth Capital select tenants and buildings?

Accepted Answer

Every tenant is scored on 30+ data points before Health Wealth Capital submits a letter of intent. We look for medical tenants with 4.5+ Google ratings, rent below 10% of practice revenue, 10+ year triple-net leases, 50,000+ people within 10 miles, and 8%+ entry cap rates. Roughly 74% of portfolio income comes from Tier 1 tenants: parent revenue above $50M or backing from institutional private equity sponsors such as Warburg Pincus, Linden Capital, and Morgan Stanley Private Credit.

Question 6

Why medical real estate instead of multifamily?

Accepted Answer

Medical tenants sign 10-15 year leases instead of 12-month leases, pay most operating expenses under triple-net terms, and rarely relocate because a dental or medical buildout can cost $700,000 or more. Dental offices default at roughly one-third the rate of the average U.S. small business. That gives Health Wealth Capital investors more predictable income with less exposure to turnover, operating-cost inflation, and oversupply than typical multifamily syndications.

Question 7

What are the tax benefits of investing with Health Wealth Capital?

Accepted Answer

Health Wealth Capital uses cost segregation and bonus depreciation on each acquisition, which has historically produced significant first-year paper losses for investors (reported on annual K-1s) alongside monthly cash distributions. Investors can also participate through self-directed IRAs, and Health Wealth Capital accepts 1031 exchange and TIC capital at a $500K minimum. Consult your tax advisor; benefits vary by investor.

Question 8

How do I invest with Health Wealth Capital?

Accepted Answer

Health Wealth Capital offerings are open to accredited investors under Regulation D Rule 506(c). Minimum investment is $100,000 (Class A-2) or $500,000 (Class A-1). Investors review the offering documents and subscribe online through the Health Wealth Capital deal room on Cashflow Portal, complete accreditation verification, and fund by wire. Capital is deployed in tranches as buildings close, so distributions typically begin the first quarter after closing. Use the Visit Deal Room button above to see the current offering or Book a Call to speak with A.J. Peak.

Health Wealth Capital