Waypoint Property Group Adopts Rule to Only Accept Accredited Investors

Top Quote Waypoint Property Group Implements a Policy Change to Accept Only Accredited Investors, As Defined by the U.S. Securities & Exchange, into Their Investor Pool. End Quote
  • Las Vegas, NV-AZ (1888PressRelease) February 16, 2016 - Waypoint Property Group has made the decision to move to accepting only accredited investors as defined by the U.S. Securities & Exchange into their investor pool.

    The U.S. Securities & Exchange Commision (SEC) requires that an accredited investor be a person whose income exceeds $200,000 in each of the two most recent years (or $300,000 in joint income with a person's spouse) and they reasonably expect to reach the same income level in the current year. People are also considered to be accredited investors if their net worth exceeds $1 million (individually or jointly with a spouse), excluding the value of their primary residence. In addition, certain entities with over $5 million in assets qualify as accredited investors, while others, including regulated entities such as banks and registered investment companies, are not subject to the assets test.

    Existing members of Waypoint's investor pool need not worry as Tara Wright of Waypoint Property Group assures "For those folks that are already in our investor pool, this is a non-event and there will be no change to their status. This change will impact new, potential investors only."

    Qualifying as an accredited investor is significant because accredited investors may, under Commission rules, participate in investment opportunities that are generally not available to non-accredited investors.
    Limiting the pool to accredited investors allows Waypoint to more efficiently qualify investment funds while focusing on maximizing returns for existing as well as new investors.

    About Waypoint Property Group:
    Waypoint Property Group was founded in 2014 in order to add stability and diversification to the portfolios of their investors by participating in the acquisition, operation, and optimization of commercial real estate. Their goal is to add $6 million to $24 million dollars in new assets each fiscal year with a simple philosophy to locate commercial real estate projects that meet and exceed the expectations of their investor Partners.

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