Hunter Lien

Had no idea Driftless had so many fans around the country.

Free Heel Capital, in partnership with National Management LLC, a Wisconsin-based owner/operator, has acquired Cameron Park and Michael Heights—two properties totaling 111 value-add multifamily units in the heart of historic downtown La Crosse, WI. This acquisition marks our second in the La Crosse market. La Crosse, situated on the Mississippi River, is known for its picturesque bluff and river views. It is home to three colleges with approximately 15,000 students (University of Wisconsin-La Crosse, Viterbo University, and Western Technical College - Company) and major employers such as Gundersen Health System, Mayo Clinic, and Kwik Trip, Inc. (900+ locations, 38,000 employees). Landmark Credit Union provided the acquisition financing for this transaction, and we’re glad to have them as a partner. We appreciate their commitment and look forward to continuing to build together. This investment represents a milestone in acquiring a well-located, cash-flowing asset with upside potential in a market with strong demographics, key employment centers, and abundant natural resources. Free Heel Capital is a real estate investment, development, and operations company focused on creating social, environmental, and financial value in multifamily assets across select U.S. markets. Thank you to all those who helped bring this transaction to the finish line. Now the real work begins as we implement our capital improvement and value add plan - LFG!

Book Release Day is here! 🚀 You can now buy “Fundamentals: Your Friendly Guide to Investment Funds and Syndications” on Amazon. A link to the $0.99 Kindle version will be in the comments. 👇 This book is made for investment managers (GPs), passive investors (LPs), service providers, and any other fund nerds looking to learn more about the industry. It’s been a long journey. Thank you to all of you who have supported me throughout this process. ❤️ Table of contents: 1. How Long Does It Take to Raise a Fund? 2. How Will You Be Paid for Managing the Fund? 3. Who Do You Need on Your Team? 4. Do You Want a Multi-Asset “Fund” or Deal-by-Deal “Syndications”? 5. Do You Want a “Closed-End” Fund or an Evergreen “Open-End” Fund? 6. What Key Investment Terms Do You Need in Your Investment Fund or Syndication? 7. How Do You Distribute Money to Investors Using a “Waterfall”? 8. What Legal Documents Do You Need to Raise a Fund? 9. How Do You Negotiate with Potential Investors? 10. What Are the Mechanics for Admitting Investors into a Fund? 11. How Do You Call Capital from Investors? 12. The Securities Act of 1933 13. The Investment Company Act of 1940 14. The Investment Advisers Act of 1940 15. State Investment Adviser Laws 16. Tax Laws (and How to Structure Around Them) Please share if you're feeling generous 🙏