Why Partner With
Net Alliance

Net Alliance is the sister fund to Health Wealth Capital – same operating system, same team, new vertical. We acquire long-term triple-net leased real estate in essential-service categories Amazon will never replace: early education, gas stations, automotive services, car washes. For fund managers, this is the opportunity to raise on a proven NNN playbook applied to a fresh asset class – built specifically to give your investors diversification across NNN verticals, not just within one.

Base case targets 16–20% IRR with 8% cash-on-cash paid monthly. REIT arbitrage exit scenario targets 25–35% IRR. Same underwriting discipline that built HWC to $100M+ AUM, now sourcing deals from a different pipeline.

Strong, Recession-Resistant Assets

Net Alliance acquires real estate leased to businesses that physically can’t be replaced by e-commerce – daycares, gas stations, automotive service operators, car washes. Demand is structural, driven by daily routines rather than consumer trends. Long-term triple-net leases (10–20 years) with annual rent escalators built in. When the economy softens, these tenants keep operating – parents still need childcare, drivers still need fuel, cars still need service.

Returns Built For The Raise

8% annual cash-on-cash paid monthly (9% on Class A-2). Base case IRR of 16–20%. Upside scenario IRR of 25–35% via REIT or UPREIT exit. Equity multiples of 2.0–2.8x on a five-year hold. The numbers your investors are looking for, structured the way they’re used to seeing them on HWC offerings.

Institutional Underwriting on Every Deal

Every tenant runs through the same data-driven underwriting model A.J. built at HWC – 30+ data points per deal, custom valuation framework, full tenant financial diligence, and rent-to-revenue stress tests. Approximately 10 deals per week are screened, 2–3 underwritten, 1–2 LOIs submitted. The funnel never stops, the discipline never slips. You can tell your investors with confidence that no deal touches the portfolio without passing the same screen that built a $100M+ portfolio at HWC.

Triple Net Lease Discipline

Tenants pay rent, taxes, insurance, and maintenance. We prefer absolute NNN structures where the tenant also covers capital expenses – no roof, no parking lot, no surprise. 10–20 year terms with 2%+ annual rent escalators. The result for your investors: predictable monthly cash flow, minimal operating exposure, and lease terms long enough to survive the entire investment hold.

Built-in REIT Arbitrage

We acquire individual properties at 7.5–9% cap rates from private sellers. We assemble them into a stabilized portfolio targeting $10M+ NOI. Public retail REITs trade at implied cap rates near 5.6%. That spread is the upside math – selling at a 5.5% versus a 6.8% cap rate moves the IRR from 16–20% (base case) to 25–35% (upside case). The exit isn’t speculative; it’s structural.

Proven Team with Deep Industry Expertise

A.J. Peak built Peak Dental Services to ~$100M revenue and 50+ locations, then exited to private equity at a 5x equity multiple to LP investors. He went on to acquire 67 medical NNN properties at HWC. Tyson Cobb’s investor network deployed $36M across syndications in a single year. Derek Peterson has personally raised $100M+ for real estate offerings and built capital-raising systems for 800+ companies touching $35B+ AUM. Carter Linton runs day-to-day execution as CEO. Combined, the team has $2B in asset experience, 100+ NNN leases negotiated, and a track record any of your investors can verify in real time at HealthWealth.Capital.

Fund Manager Economics

The economic model below is the same one A.J. uses to underwrite Net Alliance acquisitions — adapted to show fund manager economics on top. Customize it to your investor’s commitment size, your fee structure, and your assumed hold period. The walkthrough video covers how the model is built, where the fund manager economics flow, and how the math compares to other syndication structures you might be raising on. Designed to make the conversation with your back office and your investors short.

Customizable Economic Model

The financial model allows you to adjust key variables to project outcomes based on your specific investment amounts, giving you control over assessing potential returns.

Attractive Fee Structure

Fund managers can earn a 1% due diligence fee, a 0.5% fund administration fee, and benefit from a promote structure with significant back-end profits. In total, fund managers can earn approximately 10% of the equity they raise over a five-year hold period.

Preferred Returns

Investors benefit from an 8% preferred return, ensuring that they receive solid cash flow, with a potential IRR in the high teens or beyond for the fund.

Upside Potential with REIT Conversion

By scaling to $10 million+ in net operating income, the fund offers the opportunity to sell to a REIT or even convert to a REIT, potentially driving IRRs of 25-30%.

Alignment with Investors

Your investors will receive the same returns as they would if they invested directly in Health Wealth Capital, offering transparency and fairness in returns while still allowing you to capture meaningful fees.

Download Economic Model

Fund 1 Investor Webinar

Download Pitch deck

Why Partner WithNet Alliance