Real estate is one of the largest alternative asset classes in the world, yet individual accredited investors often overlook it. At Propel(x), we have traditionally focused on startups, venture funds, and hedge funds. But let’s be honest, today’s startup market can be unpredictable. Valuations fluctuate, exits get delayed, and sometimes investors just want stability and cash flow in their portfolios.
That is where real estate, specifically healthcare real estate, comes in. Through our partnership with SPHERE Investments, we are bringing accredited investors high-quality, data-driven real estate opportunities with strong cash flow and exceptional IRR potential.
Why Real Estate
Here is the simple truth. Real estate can provide steady income, long-term appreciation, and tax advantages all in one investment. And with SPVs (Special Purpose Vehicles) on Propel(x), you do not even need to own or manage the property directly.
SPHERE Investments brings serious credibility to the table:
- 23% average realized IRR across their portfolio
- 10%+ average annual cash yield
- $1+ billion in assets across the U.S. and Europe
Current Opportunities on Propel(x)
We are currently offering two exciting ways to invest in SPHERE healthcare real estate:
1. SPHERE SR 7 Outpatient Facility
- Asset Type: Outpatient Medical Facility
- Projected 2026 NOI: $691,892
- Occupancy: 100%
- Rental Rates: ~$32.30 per square foot
SR-7 is a fully stabilized, two-story outpatient medical facility located on a 1.8-acre fee-simple parcel. The asset is 100% occupied and designed to generate consistent cash flow through strong in-place rents and durable healthcare tenancy, offering investors a defensive, income-oriented real estate opportunity.
2. SPHERE Healthcare Value Fund
- Target IRR: 20%
- Target Average Annual Yield: 7.5%
- Hold Period: 3 to 4 years
This fund takes a diversified approach, acquiring multiple outpatient healthcare facilities across the U.S. It is designed to deliver stable cash flow, portfolio diversification, and value creation through operational improvements and long-term leases.
Tax Benefits You Can Enjoy
A key benefit of real estate as an asset class is its favorable tax treatment. In institutional healthcare real estate transactions, investors can unlock multiple tax strategies by participating through an SPV on Propel(x):
- Long-Term Capital Gains: Profits on properties held over a year are taxed at lower rates than ordinary income
- Accumulated Depreciation: Reduce taxable income through non-cash depreciation deductions taken over 27.5 to 39 years, depending on asset type, with additional acceleration potential through cost segregation
- 1031 Exchanges: Defer capital gains when reinvesting in like-kind properties, sometimes executed at the SPV level
The best part is that SPVs do the heavy lifting. You get the tax benefits without managing properties yourself.
This material is for informational purposes only and should not be considered tax advice. Tax outcomes depend on individual circumstances. Investors should consult their tax advisor to evaluate how these strategies may apply to their specific situation.
How Propel(x) Makes It Easy
Through SPVs, Propel(x) makes real estate investing accessible and streamlined:
- No direct property management
- Professional oversight by SPHERE
- Access to tax benefits, cash flow, and growth potential
- Turnkey structure through a Delaware Series LLC
Whether you are looking to diversify your portfolio, increase cash flow, or benefit from potential tax advantages, these healthcare real estate opportunities are designed to deliver.
