FactRight Webinars

Webinar Summary: 

Attendees will tune into a 15-minute presentation from Erik Hayden, Urban Catalyst’s Founder and CEO, and Sean Raft, General Counsel and CAO, on the firm’s common unit offering in Urban Catalyst Opportunity Zone Fund II. Following the presentation, there will be a candid Q&A session for the audience moderated by FactRight’s Co-President Russell Putnam. Webinar topics will include updates on Urban Catalyst’s current projects, including the ICON/ECHO multifamily/office project, market dynamics in downtown San Jose, and FactRight’s assessment of the material risks and strengths associated with investing in Fund II.

Webinar Summary:

Attendees will hear a 20-minute presentation from Eric Retzlaff, Managing Director of Spring Hills Marketing, on their Class 2027-A Units offering in Springs Hills Holdings II. Following the presentation, there will be a candid Q&A session for the audience moderated by Gail Schneck of FactRight.

Among the topics we’ll discuss:

• How an operating company differs from a real estate company
• Why it makes sense to include new ventures in your investment portfolio
• What protections are in place regarding affiliated transactions
• What funds will be used to redeem Units
• The sponsor’s experience with similar investments
• FactRight’s questions related to risks of investing in the program

Webinar Summary:

Attendees will hear a 20-minute presentation from Dan Chouanard, Thrivent’s VP of Sales, and Fred Johnson, Sr. Portfolio Manager, on Thrivent’s Church Loan and Income Fund, an interval fund that invests in loans to churches across the United States. Following the presentation will be a candid Q&A session moderated by FactRight’s Co-President, Jacob Heidkamp.

Webinar topics will include:

• An update on the program’s current portfolio
• An overview of the church loan market
• How the COVID-19 Pandemic and current market conditions have impacted the program’s strategy and allocation
• FactRight’s questions related to the material risks associated with investing in the program

Webinar Summary:

Attendees will hear a 25-minute presentation from Michael Episcope, Origin Investments’ Principal and Co-Founder, and Vince DeCrow, Origin Investments’ Vice President of Investor Relations, on Origin Investments’ LLC membership interest offering in Origin Opportunity Zone Fund, followed by a candid Q&A session moderated by FactRight’s Co-President, Russell Putnam.

Webinar topics will include:

• An update on the program’s current portfolio.
• How the COVID-19 pandemic and current market conditions have impacted the program’s strategy and development projects.
• The program’s valuation procedures and unit price valuation.
• FactRight’s assessment of the material strengths and risks associated with investing in the program.

Webinar Summary:

Attendees will hear a 25-minute presentation from Jay Young, King Operating’s President and Chief Executive Officer, Rex Gifford, King Operating’s Chief Financial Officer, and Dr. Thomas Shaw, King Operating’s Contract Geologist and Project Manager, on King Operating’s Larimer County Energy Limited Partnership and Delaware Statutory Trust offerings, followed by a candid Q&A session moderated by Gail Schneck and Kemp Hanley of FactRight.

Webinar topics will include:

• Why energy investments make sense in today’s market
• How King Operating’s strategy differs from that of conventional drilling programs
• What tax benefits are available with these investments
• How energy DSTs differ from real estate DSTs
• What is King Operating’s experience in the energy industry
• FactRight’s questions related to the material risks associated with investing in the programs

Webinar Summary:

Priority Income Fund is a publicly-registered closed end investment company that primarily seeks to generate current income for investors by investing in pools of senior secured loans. Priority Income Fund was formed in 2013 and has total assets of approximately $551 million. Please join FactRight in hosting a discussion with Priority Income Fund.

Attendees will hear a 25-minute presentation by Grier Eliasek, Priority Income Fund’s President & Chief Operating Officer, Nishil Mehta, Priority Income Fund’s Managing Director, and Colin McGinnis, Priority Income Fund’s Co-Portfolio Manager. Following the presentation, there will be a candid Q&A session moderated by Jake Heidkamp of FactRight.

Webinar topics will include:

• What is a collateralized loan obligation?
• The state of the leveraged loan market and the effects of the COVID-19 pandemic
• Key features of Priority Income Fund’s stock offering
• Portfolio highlights
• Capital structure highlights
• FactRight’s assessment of the material strengths and risks of the investment offering

Webinar Summary:

Prospect Capital Corporation is a NASDAQ-listed business development company (NASDAQ: PSEC) that was founded in 2004. Prospect Capital Corporation is one of the largest business development companies in the world, with total assets of approximately $5.3 billion. Prospect Capital Corporation primarily lends to private middle-market companies. Please join FactRight in hosting a discussion with Prospect Capital Corporation.

Attendees will hear a 25-minute presentation by Grier Eliasek, Prospect Capital’s President & Chief Operating Officer. Following the presentation, there will be a candid Q&A session moderated by Jake Heidkamp of FactRight.

Webinar topics will include:

• The state of the leveraged loan market and the effects of the COVID-19 pandemic
• Key features of Prospect Capital’s preferred stock offering
• Portfolio highlights
• FactRight’s assessment of the material strengths and risks of the investment offering

Webinar Summary:

Attendees will hear a 15-minute presentation from Peter Jackson, President & CEO, Sealy Investment Securities, Brian Rivera, EVP, Business Development, Sealy Investment Securities, and Michael Sealy, EVP, Capital Markets, Sealy & Company (Sealy), providing an overview of Sealy and its two recently launched programs, Sealy Legacy Partners, LP and Sealy Industrial Partners III, LP. Following the presentation, there will be a candid Q&A session for the audience moderated by Vince Brady of FactRight.

Discussion topics will include:

• Sealy’s experience and prior performance.
• Do investments in industrial properties currently make sense?
• What opportunities are being created by current market conditions and how is Sealy taking advantage of them?
• What challenges are in today’s market and how is Sealy addressing them?
• What offering structures are most suitable for which investors?

Sponsor Executives on Webinar: Peter Jackson, President & CEO + Brian Rivera, EVP, Business Development + Michael Sealy, EVP, Capital Markets

Webinar Summary:

Attendees will hear a 15-minute presentation from Erik Hayden, Urban Catalyst’s Founder and Managing Partner, and Sean Raft, Chief Administrative Officer and Partner, on the firm’s common unit offering in Urban Catalyst Opportunity Fund I. Following the presentation, there will be a candid Q&A session for the audience moderated by Russell Putnam of FactRight.

Webinar topics will include:

• How the COVID-19 Pandemic and current market conditions have impacted the program’s development projects
• Why the program has focused on the San Jose, California market
• How the program intends to capitalize its projects through subsequent offerings
• FactRight’s assessment of the material strengths and risks associated with investing in the program

Sponsor Executives on Webinar: Erik Hayden, Founder & Managing Partner + Sean Raft, Chief Administrative Officer & Partner

Webinar Summary:

Attendees will hear a 15-minute presentation from Matthew Iak, Executive Vice President of U.S. Energy Development Corporation, for a review of the firm’s 2020 offering lineup. Following the presentation, there will be a candid Q&A session for the audience moderated by Gail Schneck of FactRight.

Discussion topics will include:

• Does oil & gas investing make sense given current commodity prices?
• What opportunities are being created by current market conditions and how is U.S. Energy taking advantage of them?
• What challenges are U.S. Energy seeing in today’s market and how are they addressing them?
• What offering structures are most suitable for which investors?

Sponsor Executive on Webinar: Matthew Iak, Executive Vice President

Webinar Summary:

Attendees will hear a 15-minute presentation from Warren Thomas, Managing Partner of ExchangeRight, on that firm’s Delaware statutory trust (DST) platform. Following the presentation, there will be a candid Q&A session for the audience moderated by Brandon Raatikka of FactRight.

Among the topics we’ll discuss are:

• The performance of ExchangeRight’s DST programs
• DST property portfolio design considerations
• Rent collections during the pandemic
• ExchangeRight’s portfolio aggregation strategy
• The tough questions related to risks of investing in an ExchangeRight DST program

Sponsor Executive on Webinar: Warren Thomas, Managing Partner

Webinar Summary:

Attendees will hear a 15-minute presentation from Patrick Cardon, Baseline’s Portfolio Manager and Chief Investment Officer, on Baseline’s equity offering in CRE Income Fund, followed by a candid Q&A session moderated by Gail Schneck of FactRight.

Webinar topics will include:
• A discussion on how the COVID-19 Pandemic and current market conditions are impacting:

• The program’s investment strategy
• The status of current portfolio investments
• The use of leverage to fund investments
• The quality and availabilities of investment opportunities
• Risk mitigation activities, including any revisions to underwriting practices

• A discussion of material risks and mitigants associated with investing in the program

Sponsor Executives on Webinar: Patrick Cardon, Portfolio Manager & Chief Investment Officer + Josh Davis, Head of Distribution & Capital Development

Webinar Summary:

Attendees will hear a 15-minute presentation from Raymond Davis, Chief Business Development Officer, and Jim Mulligan, Wholesale Account Executive of Red Oak Capital, on that firm’s private offering in Red Oak Income Opportunity Fund, LLC. Following the presentation, there will be a candid Q&A session for the audience moderated by FactRight.

Among the topics we’ll discuss are:

• Red Oak’s lending strategies in today’s market conditions
• The bond structure of the investment
• The sponsor’s experience and performance
• The tough questions related to risks of investing in the program

Webinar Summary:

Attendees will hear a 15-minute presentation from Chris Milner, Cantor Fitzgerald’s Head of Investment Management, on Cantor Fitzgerald’s and Silverstein Properties’ common stock offering in Cantor Silverstein Opportunity Zone Trust, followed by a candid Q&A session moderated by Russell Putnam of FactRight.

Webinar topics will include:

• An update on the program’s current portfolio
• How the COVID-19 Pandemic and current market conditions have impacted the program’s strategy and development projects
• Recent steps the Federal Government has taken to provide relief for qualified opportunity funds and their investors
• FactRight’s questions related to the material risks associated with investing in the program

Webinar Summary:

Attendees will hear a 15-minute presentation from Joshua Ungerecht, Managing Partner of ExchangeRight, on the firm’s private BD and RIA share class offerings in ExchangeRight’s Essential Income Strategy. Following the presentation, there will be a candid Q&A session for the audience moderated by Brandon Raatikka of FactRight.

     Among the topics discussed are:

• Net leased real estate in today’s market conditions
• The sponsor’s experience and performance
• ExchangeRight’s portfolio aggregation and exit strategy
• The tough questions related to risks of investing in the program

Webinar Summary:

Attendees will hear a 20-minute presentation from Sovereign Partners, on that firm’s investment opportunities, followed by a candid Q&A session for the audience moderated by Brandon Raatikka and Kemp Hanley of FactRight.

     Among the topics discussed are:

• Sovereign Partners’ investment strategy in today’s market conditions
• The sponsor’s history and performance
• Current offerings, Sovereign Fund II, LLC and Sovereign Distressed RE Fund III, LLC
• The tough questions related to risks of investing in the programs

Webinar Summary:

Do you know how a sponsor’s business really operates? Does it matter? According to FINRA’s last two exam priority letters, it does.  But if you’re thinking you don’t know anything about IT controls or HR regulations and you don’t have time to figure it out, don’t worry. This is FactRight’s webinar on best practices for operational control due diligence. Join us to learn more about what agreements and procedures to review and what types of questions to ask.

Presented by Kathryn Stephany

Webinar Summary:

Join FactRight in this 20-minute live segment where we’ll break down the best way to nail a club review. We’ll walk you through the questions you should be asking, the information you need to collect, and where to find answers. Led by experts who have reviewed thousands of alternatives, this webinar is all about focusing your review, anticipating trouble spots, and confirming your value to your client.

During this webinar, we’ll cover:

• Which questions illuminate an issuer’s character as well as history
• What criteria to consider when reviewing prior performance
• Benchmarks to apply when appraising risk vs. reward
• The four determinants for deciding whether to invest

Presented by FactRight

Webinar Summary:

Join FactRight for an interactive webinar focused on how to add alternatives to your platform without increasing your risk or hustle.

Among the topics discussed are:

• The SEC’s recommended best practices on alternative due diligence
• Where to find reliable, real-time information on alternatives
• How to lower your risk and avoid compliance landmines

You’ll benefit from this webinar if you…

• Feel you’re struggling with how to grow your business strategically
• Worry that success in alternatives costs too much time and resources
• Want more clarity as you begin the new year

Presented by FactRight

An Update on AR Global Programs

Webinar Summary:

FactRight’s own Jake Heidkamp reviews current financial highlights, and provide in-depth assessments of pending shareholder actions and strategic transactions affecting former AR Global-sponsored programs, including:

• ARC Hospitality
• AR Global Trust II
• American Finance Trust
• ARC Healthcare Trust III
• ARC New York City REIT
• ARC Retail Centers of America

Get up to date information on the AR Global programs that are at critical operational crossroads so that you can best inform and advise your clients. 

Presented by Jake Heidkamp, Analyst at FactRight

Webinar Summary:

Join FactRight in this discussion with Kristy Grant-Hart, Author, Compliance & Ethics Consultant, Speaker on The Economics of Integrity.

In this lively webinar, you’ll hear about the financial, emotional, and reputational cost of companies acting without integrity, and then learn specific, immediately actionable ways to build the high-trust corporate environment essential to building a great work culture.

Presented by Kristy Grant-Hart, Managing Director of Spark Compliance Consulting

Webinar Summary:

With three issuers recently listing on the New York Stock Exchange or NASDAQ, Regulation A+ is proving to be an efficient and cost-effective method to raise up to $50 million dollars and a stepping stone to becoming a public company.

Things have certainly changed. Before the JOBS Act, Regulation A was a dormant tool for small issuers to raise capital. Now we see it as a basis for many issuers to raise capital by launching a mini-IPO.

How will these Reg A+ opportunities affect you and your business? Join FactRight’s own Brandon Raatikka as he leads a panel discussion with securities lawyers Scott Andersen and George S. Georgiades on the Rise of the Mini-IPO: The Road to NYSE and NASDAQ Using Regulation A+

Webinar Summary:

When it comes to conducting due diligence on asset managers, many investment professionals are doing it wrong. They are focusing too heavily on a standardized documentation process — on collecting the right documents — and not enough on actual investigations.

If you want to build critical qualitative analysis in your diligence on a manager, understand why models are inherently limiting in the diligence process, and supplement your current diligence process with tactics from the experts, watch Rethinking Due Diligence and Manager Selection.

Join our presenter Tom Brakke to learn:

• Why a manager’s historical performance is a poor guide for future results
• How not to fall into a manager’s “narration creation” trap
• The importance of refocusing manager’s discussion from what they do and how they do it

Hosted by FactRight

Webinar Summary:

Almost everyone agrees on the necessity of tax reform, but how will the proposed “Better Way” affect the commercial real estate market? Join Scott Saunders, a 28-year veteran of 1031 exchanges, to learn about the market impact of immediate expensing, the elimination of the business interest deduction, and the border adjustment tax. Scott will also discuss the latest developments regarding the elimination of 1031 exchanges and how this may affect investors.

Presented by Scott Saunders

Webinar Summary:

Do you know how a sponsor’s business really operates? Does it matter? According to FINRA’s last two exam priority letters, it does.  But if you’re thinking you don’t know anything about IT controls or HR regulations and you don’t have time to figure it out, don’t worry. This is FactRight’s webinar on best practices for operational control due diligence. Join us to learn more about what agreements and procedures to review and what types of questions to ask.

Presented by Kathryn Stephany