For over 30 years, Wilkinson has provided its clients with opportunities to invest in real estate by utilizing a simplified multifamily real estate fund platform that has consistently met and often exceeded expectations.
With Wilkinson Properties Fund 17, we continue in the tradition of offering our clients a diversified multifamily investment portfolio of hand-selected properties strategically located to optimize potential returns. Our value add and core plus strategies provide the best way to invest in real estate.
A Proven Platform for Multifamily Investing
Over three decades, Wilkinson has acquired and managed more than 14,000 multifamily units across multiple market cycles, consistently returning investor capital along with strong earnings.
Fund 17 builds on this track record by combining disciplined acquisitions, experienced asset management, and a streamlined fund structure that allows investors to participate in institutional-quality multifamily real estate without the burdens of direct ownership.
Why Now
Today’s multifamily market is creating unique opportunities for disciplined investors.
Rising interest rates and tighter financing conditions have created pressure on many property owners, leading to more favorable acquisition opportunities for well-capitalized buyers. At the same time, demand for rental housing remains strong in high-growth markets such as Atlanta, Dallas–Fort Worth, and Indianapolis.
Fund 17 is designed to capitalize on this environment by targeting:
Undervalued multifamily assets
Operational improvements that drive NOI growth
Strategic acquisitions in high-demand metros
By entering the market at a time when fewer buyers can transact, Wilkinson seeks to acquire high-quality assets at more attractive valuations.
Investment Strategy
Fund 17 will acquire 4–7 garden-style and mid-rise multifamily communities across select high-growth markets.
Our strategy focuses on two complementary approaches:
Value-Add
Acquire well-located properties with operational or physical improvement opportunities and increase value through renovations, operational efficiencies, and improved management.
Core Plus
Target newer, well-performing properties where improved financing terms, repositioning, or operational enhancements can create additional upside.
This dual approach allows the fund to balance income stability with long-term appreciation potential.
Target Markets & Features
Fund 17 focuses on markets with strong population growth, employment expansion, and long-term housing demand.
Primary target markets include:
Atlanta
Dallas–Fort Worth
Indianapolis
Select Southeastern and Northwest secondary markets
These metros provide attractive fundamentals including job growth, migration trends, and supply constraints that support long-term multifamily demand.
ASSET TYPES
Garden Style and Mid-Rise Multifamily Communities
REAL ESTATE CLASSES
Value Add and Core Plus
TARGET NUMBER
EXPECTED HOLD PERIODS
6–8 Years
TARGET FUND SIZE
$50 Million
MINIMUM INVESTMENT
$50,000
AVAILABILTY
Accredited Investors
TARGET METRO MARKETS
Including Atlanta, Dallas-Fort Worth, Indianapolis and other Southeastern growth markets as well as Pacific Northwest secondary markets
Class A Membership Units*
Entitled to several priorities:A higher Preferred Return (10%) than Class C investors (8%).
Targeted regular monthly distributions at a rate of 8%, which depend on available cash and count towards satisfying their Preferred Return.*
Priority Return of Capital.
Advantage
Class A investors are expected to receive higher and more consistent income and have a lower risk profile.
*The balance of their Preferred Return accrues and builds up over time as new assets stabilize and regular cash flow grows. However, the Preferred Return is non-compounded. Investors investing $1M or more may be eligible to purchase units that provide a higher return.
Targeted to produce regular cash flow
Lower risk profile
Reduced overall economic potential
Target Annualized Cash flow: 8%**
Target Annualized Return: 10%*
Investments of $1,000,000 or more may be eligible to purchase units that offer a higher return. * Targeted annualized returns (IRR) are forecasts based on the assumption of an investment when Fund 17 first opened and on assumptions relating to future events, developments or forecasts. **IRR indicates the annualized rate of return a project or investment is expected to generate –Investopedia. There is no guaranty that Fund 17 will achieve its objectives or targeted performance.
Class C Membership Units*
Expected to receive most of their income and gains as portfolio properties are sold.**
Entitled to receive 70% of residual net cash flow after all investors have received their respective Preferred Returns plus Return of Capital.
Advantage
The 70% sharing of remaining (residual) net cash flow gives Class C investors an opportunity for considerably greater overall economic benefit.
** Upon a sale, after repayment of debt, accrued Preferred Returns, accrued Class A Preferred Returns, and repayment of Class A capital contributions on a pro-rata basis, Class C investors will receive their accrued Preferred Returns of 8% annualized and then a return of capital. Investors investing $1M or more may be eligible to purchase units that provide a higher return.
OBJECTIVES / EXPECTATIONS
Cash flow from capital events only
Somewhat higher risk profile
Greater overall economic potential
Target equity multiple: 1.7-1.9x**
Target Annualized Return ( IRR) : 13.5% - 16.5%**
Investments of $1,000,000 or more may be eligible to purchase units that offer a higher return. * Targeted annualized returns (IRR) are forecasts based on the assumption of an investment when Fund 17 first opened and on assumptions relating to future events, developments or forecasts. **IRR indicates the annualized rate of return a project or investment is expected to generate –Investopedia. There is no guaranty that Fund 17 will achieve its objectives or targeted performance.
Note that the target equity multiple and target IRR for Class C investors may be somewhat higher than those shown above in the case of specific portfolio properties in which a Preferred Equity Partner has invested.
