Wilshire Quinn Capital has been in business since February 2004 and has been an investment adviser
since 2008. Christopher Garcia is 100% shareholder of Wilshire Quinn Capital. He serves as the firm’s
Chief Executive Officer, Chief Compliance Officer, and sole investment adviser representative.
Description of Advisory Services
Wilshire Quinn Capital serves as investment adviser to the Wilshire Quinn Income Fund, LLC (“the
Fund”), a properly exempt-from-registration, pooled investment vehicle which began in September of
2011. The Fund is a portfolio lender that originates short-term bridge loans (primarily 12-18 months) on
investment properties nationwide, with an emphasis on California. The Fund pays monthly distributions
to its members and its borrower base ranges from corporations looking for rehab financing, to individuals
who are looking to purchase or refinance an investment property.
Loans are made or arranged by the Fund pursuant to its California Finance Lenders Law license
#603J060. On January 1, 2021, the Fund established a real estate investment trust in the form of a
subsidiary (“Sub-REIT”) by the name of Wilshire Quinn Income Fund REIT, LLC. It is the intent of the
Fund to have the Sub-REIT hold all or substantially all of the assets, including loans, for purposes of
maximizing the tax benefit. The Fund can also acquire, manage, remodel, develop, lease, repair and/or
sell real property located throughout the United States, with focus in California.
For purposes of this Form ADV Brochure, the term Private Fund has been defined by regulators to mean
“an issuer that would be an investment company as defined in section 3 of the Investment Company Act
of 1940 but for section 3(c)(1) or 3(c)(7) of that Act.” The offer and sale of interests in the Wilshire Quinn
Income Fund are also exempt from registration as a public “security” under the Securities Act of 1933 and
similar state laws.
Wilshire Quinn Capital serves as the sponsor and managing member of the Wilshire Quinn Income Fund.
Thus, Wilshire Quinn Capital is not independent of the Wilshire Quinn Income Fund. See also Item 11 –
Participation in Client Transactions and Personal Trading and Item 16 – Custody of this brochure for more
information.
A written agreement, which details the exact terms of the service has been executed between Wilshire
Quinn Capital and the Wilshire Quinn Income Fund.
Investors who wish to become Members in the Wilshire Quinn Income Fund will be required to execute a
subscription agreement in order to subscribe for interests in the Wilshire Quinn Income Fund and will
receive a Private Placement Memorandum, together with applicable supplements (the “PPM”) or similar
documents/disclosures.
Tailor Advisory Services to Individual Needs of Clients
Wilshire Quinn Capital does not currently have individual, natural-person clients or institutional, company-
clients. Wilshire Quinn Capital serves as the investment adviser solely to the Wilshire Quinn Income
Fund and has no other clients. All management and investment decisions regarding the Wilshire Quinn
Income Fund is based on its objectives, strategies, and policies. Wilshire Quinn Capital is responsible for
all major investment decisions including, without limitation, amending or changing Wilshire Quinn Income
Wilshire Quinn Capital, Inc. Page 5 Form ADV Part 2A: Firm Brochure
Fund’s investment objective; determining investment strategies; and establishing and implementing
investment policies or limitations.
Assets Managed by Wilshire Quinn Capital
As of December 31, 2022 , Wilshire Quinn Capital manages $162,632,534 in assets (loans and cash)
through the Wilshire Quinn Income Fund. All assets are managed on a discretionary basis. See Item 15
– Investment Discretion for more information.