Westwood Financial today announced the launch of the Hilgard™ Fund, a new open-ended single tenant net lease (STNL) fund. The Fund will acquire a portfolio of tenants in its properties consisting of investment-grade tenants and creditworthy tenants with an average lease duration of 7 years. “The Hilgard™ Fund represents a unique product in the market that gives private investors exposure to commercial real estate and provides tax-deferred income at attractive yields with liquidity. Our investment results on previous investing in STNL have been excellent,” said Mark Bratt, Chief Executive Officer.
The Hilgard Fund is a natural extension of Westwood Financial’s core expertise in acquiring and operating quality retail properties in prime trade areas.
Scale: Westwood’s portfolio and offices in growth markets provides local knowledge and ability to conduct in-depth market research to expertly source real estate investments and execute transactions. Westwood has extensive industry relationships with real estate brokers, commercial banks and loan originators, providing access to a broad array of sources throughout the U.S.
Integrity and experience: Westwood has focused exclusively on real estate investing for 51 years. Its management team has a proven track record gained over numerous market cycles. The company’s grocery-anchored portfolio only decreased 1% in net operating income in 2020 and is on track to do significantly better this year.