THE FIVE WINDS INCOME FUND
Choose monthly income or compounded growth from a senior living investment.
INCOME FUND · TWO PATHS
Get paid first, every month,
from communities you can visit.
The Five Winds Senior Living Income Fund gives accredited investors two ways to put capital to work in our senior living strategy. You can choose a 10% fixed annual target paid monthly, or a 14% fixed annual target compounded annually and paid at exit.
Both paths support the same underlying approach: acquire established communities, operate them with care and discipline, and build a business capable of supporting investor payments over time.
$100,000 minimum investment. Accredited investors only. Explore investment paths below:
01 Demand
Demand is visible. Baby boomers are 3.5× the Silent Generation. NIC MAP: 80-plus growth began exceeding inventory growth in 2022.
02 Inventory
Inventory is not. 11% of eligible 80-plus seniors served today (NIC Investment Guide).
03 Operator
The operator is the variable. REITs pick Main and Main first. We buy with an operator already in the buildings.
Why senior living
A growing need for care creates an opportunity for capable operators.
The first baby boomers turned 80 in 2026, beginning a period in which more families will need senior living and care options. Recent NIC research reports that demand for senior housing is outpacing new inventory, while construction remains constrained.
5.3%
Annual growth of the 80+ cohort through 2030
NIC MAP Vision
11%
Of eligible 80+ seniors served by senior housing today
NIC Investment Guide
$275B
Supply gap by 2030
NIC Analytics, 2024
800K
Estimated bed shortfall this decade
NIC Analytics, 2024
For an investor, the opportunity is to fund communities that can meet that need and run well.
For a family, the need is more immediate: a place where a parent can feel comfortable and receive reliable support.
Five Winds connects those two perspectives. We seek established communities in markets with durable demand, and we evaluate whether the operating team can deliver care, maintain occupancy, manage costs, and support the proposed financing.
How capital is used
Your investment supports an operating business with real responsibilities.
Investors lend capital to the Income Fund through promissory notes. The fund deploys capital primarily through preferred investments in entities that acquire and operate senior living communities.
The strategy focuses on established communities, including assisted living and memory care, where we can evaluate existing occupancy, care operations, staffing, and financial performance.
We seek opportunities with room to improve the resident experience and operating performance through stronger leadership, care-team stability, training, and disciplined financial management. Capital may also support transaction costs, improvements, and liquidity reserves under the fund documents.
Income Fund investors are creditors of the fund. They do not receive direct ownership of a community or a direct mortgage lien on its real estate.
A promising market still needs a carefully underwritten acquisition.
Our acquisition review considers the local need for care, competing communities, current occupancy, staffing costs, regulatory requirements, building condition, and financing. We want to understand how a community performs today and what would need to change for the business plan to work.
The underwriting approach targets a minimum debt-service coverage ratio of 1.4 times. That means projected operating income should cover debt service with a margin above the required payment. We also examine how lower occupancy, higher labor costs, and changing financing conditions could affect the community’s ability to meet its obligations.