Fund
Value-Add
Preferred Equity, Equity
506(c)
14% - 18%
$50,000
12/31/2035
All US States
District Of Columbia
Puerto Rico
Mobile Home Parks
Multifamily
Industrial
Retail
Accredited
Wellings Capital is a real estate private equity firm founded in 2015 by Paul Moore and led by Managing Partner Benjamin Kahle. The firm helps high-net-worth individuals, family offices, Registered Investment Advisors, wealth managers, and other qualified investors access diversified private commercial real estate investments through professionally managed funds.
Wellings Capital invests preferred equity and JV structured equity alongside experienced commercial real estate operators rather than operating properties directly, with a focus on manufactured housing communities, multifamily apartments, small bay industrial properties, open-air retail centers, and select self-storage investments. The firm’s investment process emphasizes operator selection, diversification, conservative risk management, and a 26-step due diligence process focused on operators and their teams, markets, business plans, capital structures, and properties.
Wellings Capital has raised and donated over $1 million since 2021 to combat human trafficking and rescue its victims, aligning business success with a higher purpose.
Some investors chase the next “unicorn,” approaching each opportunity like a lottery ticket with the hope of outsized, rapid returns. My approach is deliberately different: I prioritize safe, boring, long-term investments designed to support steady progress toward retirement rather than speculation. With Wellings Capital, I found a trusted partner whose disciplined, robust due-diligence process aligns with the level of scrutiny I believe every investment deserves. That professional evaluation gives me greater confidence that opportunities are being assessed with a focus on fundamentals, risk management, and long-term durability—not simply on optimistic projections. The reinvestment option is an especially valuable feature of the strategy. By electing to reinvest eligible distributions rather than taking them as current income, I can increase the capital working on my behalf and support the compounding process over time. For me, the objective is not to find a single transformative bet; it is to build retirement security patiently through thoughtful decisions, controlled risk, and the cumulative effect of long-term compounding.
They are a great communicative team. Take the time to meet you one on one in person and go over any questions you have directly. Paul is always available. Also one of the few companies that are still continuing to give the monthly dividend without ever stopping.
I am thoroughly impressed and deeply satisfied with my investment experience with Wellings Capital. Throughout a period when the commercial real estate (CRE) market has grown increasingly difficult and many other operators have faltered, Wellings Capital has consistently demonstrated unwavering honesty, exceptional integrity, and a proactive approach to communication—transparently sharing both good and challenging news well ahead of time. Furthermore, their ability to project financial outcomes with a remarkably high degree of accuracy, combined with their disciplined execution, has allowed them to pay out dividends regularly and reliably. In an unpredictable economic climate, their professionalism and dependable performance truly set them apart as an elite operator.
I have been invested in two separate funds with Wellings since June 2024 and have had a great experience with Paul and his team. A few key takeaways: -Transparency: Their quarterly reports are thorough, sharing detailed financials and written updates on every individual asset. -True Diversification: Their Real Estate Income Fund uses a fund-of-funds model holding around 26 distinct investments across multiple operators, geographic regions, and asset classes. -Reliable Distributions: They distribute monthly rather than quarterly. While not sky-high, the return has steadily grown into the mid-5% cash-on-cash range. -Tax Efficiency: The passive income stream is tax-advantaged and largely sheltered. Overall, I treat Wellings as a dependable, steady-eddy core holding focused on downside protection and broad diversification. I highly recommend them and plan to deploy more capital with them in the future.
