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WFP Income Fund & WFP Opportunity Fund Investor Updates

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Newport Beach, California – March 18, 2020

Due to the developments around COVID-19 (coronavirus), I wanted to take a moment to update you on the current status of Wilshire Finance Partners and our ability to operate.

You Are Our Priority.  Rest assured that the Wilshire team is taking the necessary steps to ensure the current environment will not impact our ability to transact business or take care of you, our clients.

We Are Prepared.  Wilshire has a business continuity plan in place and we are continuing to adjust, align and refine the plan to ensure an integrated approach.   We are confident in our team and technology’s ability to provide uninterrupted service and support, and we will continue to work both internally and with our external partners to provide a safe environment for our employees and minimize potential future impacts to our employees and clients.

Protecting Our People.  Our offices remain open for business, however, as a precautionary measure Wilshire is instructing our employees to perform their work remotely where possible.  While this is a temporary measure, we will continue to closely monitor the impact of these events and will update our approach, if necessary, as things change in this environment.

Questions?  Please contact your Wilshire representative if there are any questions or concerns you may have.

Sincerely,

WILSHIRE FINANCE PARTNERS

Donald H. Pelgrim, Jr.
Chief Executive Officer
TF. 866.575.5070 | P. 310.736.1370
A. 1400 Newport Center Drive, Suite 250
Newport Beach, CA 92660
W. WilshireFP.com

NOTICES: This communication is not an offer to buy or sell securities, nor a loan approval, agreement or commitment to lend. The circulation of any attached documents is for discussion purposes only and Wilshire Finance Partners, Inc. may make substantial and material revisions to the same. Rates and terms are subject to change without notice. Information provided by Wilshire Finance Partners, Inc., its affiliates and their respective directors, managers, officers, employees and agents is not to be interpreted as legal, tax or accounting advice.  Wilshire Finance Partners, Inc. is a debt collector and is required by law to inform you that this communication may be an attempt to collect a debt and any information obtained will be used for that purpose.  Investments in fund shares and/or trust deeds secured by one or more interests in real property are subject to risk of loss. Investments may only be sold to Accredited Investors who receive the applicable Private Placement Memorandum, Subscription Agreement and related documents and disclosures for the respective investment.  Loans made by Wilshire Finance Partners, Inc. Department of Real Estate Broker License number 01523207 and California Department of Business Oversight, Finance Lenders License number 603K729. WFP Income Fund, LLC, California Department of Business Oversight, Finance Lenders License number 603K726.  WFP Opportunity Fund, LLC California Department of Business Oversight, Finance Lenders License number 603K725.  WFP Income Fund REIT, LLC California Department of Business Oversight, Finance Lenders License number 60DBO-99184 •Equal Opportunity Housing Lender• {{Unsubscribe}}

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WFP Income Fund, LLC 
• Monthly Cash Flow
• Short Term Fixed Income
• Stable Nav
• No Loads or commissions
• Not correlated to the stock or bond markets
• Not interest-rate sensitive

WFP Opportunity Fund, LLC 
Higher Risk-Adjusted Returns
• Monthly Cash Flow
• Short Term Fixed Income
• No Loads or commissions
• Not correlated to the stock or bond markets
• Not interest-rate sensitive

About Wilshire Finance Partners and our investment alternatives. 

Wilshire Finance Partners, Inc. (“Wilshire”) specializes in real estate finance and investments and is the manager of the WFP Income Fund, LLC (“WFP Income Fund”) and the WFP Opportunity Fund, LLC (“WFP Opportunity Fund” and collectively with the WFP Income Fund, the “Funds”). The WFP Income Fund invests in a diversified pool of residential, multifamily, and commercial real estate related short-term bridge loans secured by first trust deeds and mortgages. The WFP Opportunity Fund invests in a diversified pool of residential, multifamily, and commercial real estate related short-term bridge loans, participating loans, real estate joint ventures, and direct real estate investments. Wilshire commenced operations in January 2008 and launched the WFP Income Fund and the WFP Opportunity Fund in September 2013.

 

The WFP Income Fund is approved for both retirement and non-retirement accounts on the following alternative investment platforms:

  • Charles Schwab; (SSID Number available through an Advisor)
  • Fidelity Investments (National Financial Services or NFS); CUSIP Number 94699K534
  • Pershing as WFP INCOME FUND LLC; CUSIP Number 929LP9220
  • TD Ameritrade as WFP INCOME FUND LLC NSA; CUSIP Number 93099B102
  • Wells Fargo Advisors; No CUSIP number required

 

The WFP Opportunity Fund is approved for both retirement and non-retirement accounts on the following alternative investment platform:

  • Charles Schwab; (SSID Number available through an Advisor)
  • Fidelity Investments (National Financial Services or NFS); CUSIP Number 94699B948
  • TD Ameritrade as WFP OPPORTUNITY FUND NSA; CUSIP Number 93099C100

 

In addition, each of the WFP Income Fund and WFP Opportunity Fund are approved for self-directed retirement accounts and various other platforms without the need for the CUSIP number, including, Community National Bank, Equity Trust Company (Sterling Trust), Millennium Trust Company, Pensco Trust Company, Provident Trust Company, Strata Trust Company and Shareholder Services Group.

Each of the WFP Income Fund and WFP Opportunity Fund is open to investors, wealth managers and individual investment advisors under the above referenced platforms using standard subscription and transfer procedures.

Investors and advisors may also invest directly through Wilshire.  Individual investors not using a third-party advisor may be required to meet additional requirements of the platform providers.

Safe Harbor Statement

This communication is not an offer to sell or the solicitation of offers to purchase the securities of either of the Funds, individual loan or trust deed investments, or otherwise (individually and collectively, the “Securities”). The purpose of this communication is to provide an overview of the respective Securities and their private placement. Persons interested in learning about the Securities and their private placement will be provided with the respective Private Placement Memorandum (inclusive of exhibits thereto and any supplements, the “Memorandum”), which provides a description of the Securities, the terms of their private placement, a discussion of risk factors, a copy of the limited liability company operating agreement for the fund (as applicable), a subscription agreement and other information related to the Securities.

This communication contains certain forward-looking statements regarding the Securities and the investment objectives and strategies of each of the Funds. The forward-looking statements are based on current expectations that involve numerous risks and uncertainties which are difficult or impossible to predict accurately and many of which are beyond the control of Wilshire, as the manager of the Funds. Although Wilshire believes that the assumptions underlying the forward-looking statements are reasonable, any of the assumptions could prove inaccurate and, therefore, there can be no assurance that the forward-looking statements will prove to be accurate. In light of the significant uncertainties inherent in the forward-looking statements, the inclusion of such information should not be regarded as a representation by Wilshire, any placement agent, or any other person, that the objectives and strategies of the respective Securities or the Funds will be achieved.

Investments in the Securities may only be made solely by accredited investors (which for natural persons, are investors who meet certain minimum annual income or net worth threshold), who are provided with the Memorandum and who complete, execute and deliver the subscription documents included therein. Each of the Securities is being offered in reliance on an exemption from the registration requirements of the Securities Act of 1933, as amended (the Securities Act) and are not required to comply with specific disclosure requirements that apply to registration under the Securities Act. The Securities Exchange Commission has not passed upon the merits of or given its approval to the Securities, the terms of the offering, or the accuracy or completeness of any offering materials. Each of the Securities is subject to legal restrictions on transfer and resale and investors should not assume they will be able to resell the Securities. Past performance is not indicative of future results. Investing in any of the Securities, including the Funds, involves substantial risk, including loss of investment, and is not suitable for all investors.

Contact:

Wilshire Finance Partners, Inc.

Donald H. Pelgrim, Jr.

(866) 575-5070

dpelgrim@wilshirefp.com

Source: Wilshire Finance Partners, Inc. 

 

 

DISCLOSURES

Wilshire Finance Partners, Inc. specializes in real estate finance and investments and is the manager of the WFP Income Fund, LLC (the “Income Fund”) and the WFP Opportunity Fund, LLC (the “Opportunity Fund” and collectively with the Income Fund, the “Funds”).  This communication is not an offer to sell or the solicitation of offers to purchase the securities of either of the Funds or otherwise. The purpose of this communication is to provide an overview of the respective Funds and their private placement.  Persons interested in learning about either of the Funds and their private placement will be provided with a Private Placement Memorandum (inclusive of exhibits thereto and any supplements, the “Memorandum”), which provides a description of the respective Fund, the terms of its private placement, a discussion of risk factors, a copy of such Fund’s limited liability company operating agreement, a subscription agreement and other information related to the respective Fund.  This communication contains certain forward-looking statements regarding each of the Funds’ investment objectives and strategies. The forward-looking statements are based on current expectations that involve numerous risks and uncertainties which are difficult or impossible to predict accurately and many of which are beyond the control of Wilshire Finance Partners, as the manager of the Funds.  Although Wilshire Finance Partners believes that the assumptions underlying the forward-looking statements are reasonable, any of the assumptions could prove inaccurate and, therefore, there can be no assurance that the forward-looking statements will prove to be accurate. In light of the significant uncertainties inherent in the forward-looking statements, the inclusion of such information should not be regarded as a representation by Wilshire Finance Partners, any placement agent, or any other person, that the objectives and strategies of the respective Funds will be achieved.  An investment in either of the Funds may be made solely by accredited investors (which for natural persons, are investors who meet certain minimum annual income or net worth threshold), who are provided with the Memorandum and who complete, execute and deliver the subscription documents included therein.  Each of the Funds securities are being offered in reliance on an exemption from the registration requirements of the Securities Act of 1933, as amended (the “Securities Act”) and are not required to comply with specific disclosure requirements that apply to registration under the Securities Act.  Neither the Securities Exchange Commission nor any state agency has passed upon the merits of or given its approval to the securities, the terms of the offering, or the accuracy or completeness of any offering materials.  The securities are subject to legal restrictions on transfer and resale and investors should not assume they will be able to resell the securities.  Past performance is not indicative of future results. Investing in the Funds involves substantial risk, including loss of investment, and is not suitable for all investors.

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