Wise Capital · Fund Portfolio

Class C. Midwest.
Operated like institutional.

Wise Capital acquires value-add multifamily in Louisville and the broader Midwest — Indianapolis, Columbus, Cincinnati, Kansas City, St. Louis, Nashville. Each asset is renovated, stabilized, and managed in-house. Available to verified accredited investors only.

Current Assets
1
Bourbon Town Apartments
Louisville, KY
Units Under Management
20
Class C value-add
Jefferson County, KY
5-Year Target
400+
Units across 10+ properties
Projected. Not guaranteed.
Target Markets
7
Louisville · Indianapolis
Columbus · Cincinnati + more

Seven markets.
One thesis.

Wise Capital targets Class C value-add multifamily in Louisville and six Midwest cities with shared fundamentals: population stability, HUD HCV demand, workforce housing undersupply, and acquisition basis that institutional capital has largely ignored.

Louisville
KY — Primary
Active acquisition pipeline. 111 off-market properties identified. Jefferson County concentration.
Indianapolis
IN
Workforce housing demand. Strong HCV participation rates.
Columbus
OH
Population growth sustained. Class C supply constrained.
Cincinnati
OH / KY
Bi-state market. Favorable acquisition basis on aging stock.
Kansas City
MO / KS
Stable employment base. Light institutional competition at Class C.
St. Louis
MO
Deep workforce housing demand. Distressed seller pipeline developing.
Nashville
TN
Rent growth sustained. Value-add basis still available outside core submarkets.
Fund Construction Targets
AUM Target
$50M
Total fund capacity.
Projected. Not guaranteed.
Properties
10+
Across 5-year fund life.
Projected. Not guaranteed.
Unit Target
400+
Class C multifamily units.
Projected. Not guaranteed.
What We Look For
$_
Acquisition Basis
Discount to stabilized value. Deferred maintenance, low occupancy, or absentee ownership.
~~
HCV-Eligible Units
Active HUD Housing Choice Voucher market. Government income stream — lower delinquency risk.
[]
20–60 Units
The size band institutional buyers underweight. Off-market at favorable basis.
/\
Value-Add Path
Documented NOI upside. No ground-up. Stabilization under 12 months.
Verified accredited investors can access the full fund prospectus and acquisition pipeline detail. Access Investor Portal →

Asset 01.
Stabilizing now.

One asset under management. Acquired December 2025, renovating and leasing through Q2 2026. Operating data and full case study available to verified accredited investors through the InvestNext portal.

408 & 410 Lindsay Court
Louisville, KY 40206
● Active Class C Value-Add Jefferson County, KY
Units
20
Two buildings
Lindsay Court
Acquired
Dec '25
$1,640,000
purchase price
Going-In Cap
9.44%
Year 1 actuals
Not guaranteed
Financing
80%
LTV · 6.75% I/O
Year 1
Avg Rent Growth Since Acquisition
$934 $994/unit
↑ 6.34% in 3 months
Dec 2025 → Mar 2026 · Avg rent per unit per month.
Actual results. Not a projection.
What drove it
LMHA HCV payment standard increases — 2026 HUD schedule adjustments applied to qualifying units at renewal
Property brought to code — deferred maintenance addressed post-acquisition, enabling compliant HCV re-inspection and rent authorization
In-house management — no third-party fee layer; every dollar of rent increase flows directly to NOI
Occupancy Ramp — Dec 2025 → Jun 2026
At Acquisition
60%
Dec 2025
Current ↑
85%
Mar 2026
Target
95%
Jun 2026 · Projected
Projected. Not guaranteed. Past performance does not guarantee future results.
Asset 02 / Pipeline
Next Acquisition
In Underwriting
Wise Capital is actively underwriting Class C multifamily assets across Jefferson County and the broader Louisville MSA.
Join the waitlist →
Full operating data, financials, and case study updates available to verified accredited investors. Access Investor Portal →

Every deal clears
the same filter.

Wise Capital applies a consistent underwriting framework across every acquisition. The thresholds below are minimums — not targets. Deals that meet the minimums get underwritten further. Deals that don't get passed.

Acquisition Thresholds
Asset Class
Class C multifamily only. No Class B, no mixed-use, no ground-up. Workforce and HCV-eligible housing in established neighborhoods.
Class CMultifamily
Unit Count
20 to 60 units. The size band institutional buyers underweight. Complex enough to require operational expertise — small enough to source off-market.
20–60Units
Acquisition Basis
Must acquire at a discount to stabilized value. Discount driven by occupancy, deferred maintenance, or ownership condition — not structural market weakness.
Sub-mktBasis required
Target LTV
Maximum 65% loan-to-value at stabilization. Acquisition financing may be higher during renovation period with a defined pay-down path.
65%Target LTV
Stabilization Timeline
Clear path to 90%+ occupancy within 12 months of acquisition. No speculative timelines. Must be underwritten from actual submarket absorption data.
≤12 moTo stabilization
ForVue Scoring
Every asset is scored by ForVue before close. Wise Capital's predictive maintenance platform runs Weibull-Bayesian failure analysis on every appliance in the building — scoring deferred maintenance risk across 11 factors before a dollar is committed. Unscored assets do not proceed. Learn about ForVue →
RequiredPre-close
Hold Period
24 to 36 months per asset. Fund life of 5 to 7 years. Exit at stabilized value — not speculative appreciation. Cap rate compression is upside, not the thesis.
24–36 moPer asset
Market Presence
Active HUD Housing Choice Voucher program in the submarket. LMHA or equivalent PHA with published payment standards and active landlord participation.
HCVRequired
Sourcing
Off-market preferred. Direct outreach to owners, county assessor data, and distressed loan identification. Broker deals considered only when basis is competitive.
Off-mktPreferred
What we pass on
A short list. Applied without exception.
Ground-up construction. No speculative development. Existing structures only.
Class A or B assets. Wrong basis. Wrong tenant profile. Wrong NOI math.
Markets without active HCV programs. HCV demand is a structural underwriting input, not a nice-to-have.
Stabilization timelines over 12 months. If the path to 90% occupancy requires more than a year, the basis isn't right.
Structural problems without clear remediation cost. Deferred maintenance is acceptable. Unknown structural liability is not.
Outside the seven target markets. Geography is a discipline, not a limitation.
LTV above 80% at acquisition. Leverage amplifies problems as fast as it amplifies returns.
How a deal moves
01
Sourcing
Off-market
identification
02
Threshold Screen
Criteria filter
applied first
03
Underwriting
T-12 · ForVue
· site visit
04
LP Review
Deal memo via
InvestNext
05
Close
Acquisition
& renovation
Deal memos, underwriting models, and asset-level detail available to verified accredited investors. Access Investor Portal →

Owned like a fund.
Run like an operator.

Institutional ownership means nothing if the property isn't managed with the same discipline. Every Wise Capital asset runs under the same three-pillar operating standard — in-house management, predictive maintenance, and a documented value-add execution plan.

01 / Management
In-House.
No fee layer.
Third-party property management fees run 8–10% of EGI at most operators. Wise Capital manages every asset internally. That expense line is eliminated and flows directly to NOI — and to every valuation multiple stacked on top of it.
Direct tenant relationships — no intermediary between ownership and occupancy decisions
HCV compliance managed in-house — LMHA inspections, re-certifications, and payment standard updates handled by the operating team
Vendor contracts held directly — insurance, utilities, landscaping, trash negotiated and monitored at the asset level
$0 management fee at Bourbon Town — verified in T-12 operating statements
03 / Value-Add
Documented scope.
Fixed timeline.
Every acquisition enters with a written renovation scope, a per-unit budget, and a stabilization timeline. No open-ended rehabs. The value-add plan is underwritten before close and executed against a defined milestone schedule.
Unit turns on a defined schedule — vacancy-to-leased conversion tracked weekly
ForVue-informed renovation scope — appliance replacement prioritized by failure probability, not guess work
HCV inspection sequencing — unit readiness timed to LMHA inspection availability to minimize days-vacant
Stabilization target: 90%+ within 12 months — non-negotiable underwriting minimum
"Every dollar of expense reduction is a valuation multiple. In-house management, predictive maintenance, and a fixed renovation scope aren't operational preferences — they are the NOI math."
Christopher Wise, J.D. — Managing Principal, Wise Capital
$0
Mgmt fee
Bourbon Town T-12
Value-Add Execution — Phase by Phase
Applied to every acquisition
Phase 01
Pre-Close
Diligence
ForVue appliance scoring — full building
T-12 review and rent roll verification
LMHA HCV payment standard review
Renovation scope and budget locked
Phase 02
Months 1–3
Stabilization
Vacant unit turns on priority schedule
Property brought to HCV inspection standard
Appliance replacements per ForVue output
Leasing velocity tracked weekly
Phase 03
Months 4–12
Optimization
Rent increases tied to LMHA schedule updates
OpEx reviewed quarterly against T-12 baseline
ForVue monitoring — ongoing failure scoring
Target: 90%+ occupancy within 12 months
Phase 04
Month 24–36
Exit Prep
Stabilized NOI documented for appraisal
ForVue Bank Origination Report prepared
Disposition at stabilized cap rate
Waterfall distribution per fund terms
Operating reports and asset-level performance data available to verified accredited investors. Access Investor Portal →

Questions LPs
actually ask.

Answers to the questions that come up most often about the portfolio, the fund structure, and how Wise Capital operates. Full fund documentation is available to verified accredited investors through the InvestNext portal.

What is the minimum investment?

The minimum investment in the Wise Capital Fund is $50,000. The fund is available exclusively to verified accredited investors as defined under 17 CFR 230.501(a). Accreditation is verified through the InvestNext investor portal before any fund documents are accessible.

This offering has not been registered with the SEC or any state securities regulator. Form D notice filings current in KY, CA, IL, and PA as of March 30, 2026.

What is the preferred return and how is it paid?

The fund targets an 8% preferred return, paid quarterly to LP investors before any carried interest accrues to the GP. Above the 8% preferred return, the fund earns a 20% carried interest on remaining proceeds. The 80/20 split on residual profits applies after return of capital, preferred return, and carry.

Projected. Not guaranteed. Past performance does not guarantee future results.

How long is my capital locked up?

The fund has a target life of 5 to 7 years, with individual assets held 24 to 36 months before disposition. Quarterly preferred return distributions are paid from operating cash flow during the hold period. Capital is returned at asset exit per the waterfall in the fund's Operating Agreement.

This is a private placement — LP interests are illiquid and there is no secondary market. Investors should be prepared to hold their investment for the full fund life.

Why Class C multifamily specifically?

Three reasons. First, basis — Class C assets in Midwest markets still acquire at a discount to replacement cost, which institutional capital has largely abandoned for larger, more liquid product. Second, demand durability — workforce housing demand is structurally undersupplied and HCV income is a government payment stream, not subject to the same delinquency risk as market-rate multifamily. Third, operational edge — in-house management and ForVue predictive maintenance create NOI advantages that passive or third-party managed operators cannot replicate at this asset class.

What states is the fund registered in?

Wise Capital, LLC has filed Form D notice filings — not registrations — in Kentucky, California, Illinois, and Pennsylvania as of the March 30, 2026 amendment. The fund is offered as a Regulation D Rule 506(c) offering, which preempts state registration requirements in filed states. Investors located in states outside these four should contact us directly before proceeding.

This offering has not been registered with the SEC or any state regulator. No regulatory body has approved or disapproved this offering.

How does Wise Capital source deals off-market?

Wise Capital maintains a proprietary off-market acquisition pipeline built from county assessor records, loan database monitoring, and direct owner outreach. The Louisville pipeline alone covers 111 identified properties representing 1,482 units across Jefferson County as of Q1 2026. Distressed loan maturities and absentee owner situations are primary sourcing triggers — both create motivated sellers at below-market basis.

What is ForVue and why does it matter to LPs?

ForVue is Wise Capital's predictive maintenance intelligence platform — a pure software tool (no hardware) that scores every appliance in every unit using Weibull-Bayesian failure analysis. It matters to LPs for one reason: unplanned maintenance is the largest source of NOI variance in Class C multifamily. ForVue converts reactive, unbudgeted repair events into scheduled line items — reducing the gap between underwritten NOI and actual NOI.

Every Wise Capital acquisition is scored by ForVue before close. No asset enters the portfolio unscored.

Learn more at forvue.io →
How is the fund structured legally?

Wise Capital, LLC is a Nevada limited liability company managed by Wise Family Holdings LLC. The fund is offered as a Regulation D Rule 506(c) private placement — available exclusively to verified accredited investors. The fund's Operating Agreement, PPM, and subscription documents are accessible through the InvestNext investor portal following accreditation verification.

Access InvestNext portal →

Issuer: Wise Capital, LLC (Nevada LLC). Manager: Wise Family Holdings LLC. This is not an offer to sell securities.

What fees does Wise Capital charge?

The fund charges a 1% annual management fee and a 1% acquisition fee at close on each asset. The GP earns a 20% carried interest above the 8% preferred return and a 1% disposition fee at exit. There is no third-party property management fee — Wise Capital manages every asset in-house, which eliminates the 8–10% EGI fee that most comparable operators carry as an operating expense.

All fee figures sourced from the Wise Capital Fund PPM. See full fund documentation for complete fee schedule and waterfall detail.

How do I access fund documents and LP reporting?

All fund documents — PPM, Operating Agreement, subscription documents, and LP reporting — are accessible through the InvestNext investor portal. Accreditation must be verified before any fund economics or deal-specific materials are accessible. InvestNext handles the verification workflow directly.

Go to wisecapital.investnext.com →

Still have questions?

The InvestNext portal is the fastest path to fund documents and deal detail. If you have a specific question before completing accreditation verification, reach out directly — Christopher responds personally to investor inquiries.

Fund documentation available to verified accredited investors only. Access Investor Portal →
Wise Capital · Reg D 506(c)

The NOI math works.
See it for yourself.

Bourbon Town is stabilizing. The pipeline is active. Verified accredited investors can access the full fund prospectus, deal memos, and operating data through the InvestNext portal.

$50K
Minimum
investment
8%
Preferred
return target
506(c)
Reg D · Accredited
investors only

Projected. Not guaranteed. Past performance does not guarantee future results. Available to verified accredited investors only per 17 CFR 230.501(a). Issuer: Wise Capital, LLC (Nevada LLC).