Sponsor
Capital Square
Proposed new sponsor for Walk, Vintage, One on 4th, and Hayworth — if investors assume the unpaid KHCA bridge.
August 2026 webinars for the four KHCA-track DSTs. Investors would assume ~$56M + 12%; contribute to an LLC where KHCA is 20% pref; Wettengel/Muro walk ~$85M personal exposure plus a $3M kicker and indemnities. Needs a 50% investor vote.
Madelyn Shulman, Delaware investor counsel, recommended rejecting unless the new sponsor is not contractually bound to KHCA.
Timeline
- 3–9 Aug 2026 · forumMadelyn: Capital Square webinars for Walk, Vintage, One on 4th, Hayworth. On the thread she recommended rejecting unless the new sponsor is not contractually bound to KHCA.