iCrowd Newswire
24 Jan 2023, 23:32 GMT+10
SAN RAFAEL, CA - Phoenix American is pleased to announce its new client partnership with real estate investment fund sponsor Wander. Phoenix American will fulfill the transfer agent, fund accounting and back-office operational needs of Wander with the company's industry-leading investor services platform featuring the state-of-the-art STAR-XMS shareholder management / transfer agent system and integrated fund accounting service. Wander will benefit from Phoenix American's combination of advanced technology, partner-oriented client service and long experience with the unique operational requirements of alternative investment real estate funds.
Smart Vacation Homes in Inspiring Places
Wander is an alternative real estate fund sponsor specializing in building a network of short-term rental smart homes across the globe that guests can access with the tap of a button. Wander was founded to solve the problem of the frustrating experiences of trying to work while traveling: uncomfortable beds, unreliable internet connections and uninspiring locations. Wander owns and offers smart homes with full amenities in inspiring places across the United States with new locations launching every month. The Wander Atlas REIT offers investors access to competitive investment returns in this emerging real estate sector.
"It was important to us to leverage a sophisticated third-party fund admin with a strong track record," said John Andrew Entwistle, Founder and CEO of Wander. "Phoenix American is by far the best we evaluated. They've been a perfect partner."
50 years of client-oriented fund administration
With the growing variety and sophistication of alternative investment funds and the increasing demands of both investors and regulators, advanced operational solutions are critical to the success of today's fund sponsors. Phoenix American has combined the most efficient systems and precision back office processes in alternative investments since its origins as a fund sponsor in 1972. Phoenix American's industry-leading STAR-XMS transfer agent system is the result of the company's direct experience as a fund sponsor as well as decades of experience as an administrator for alternative investment funds.
"Wander is an innovative company at the cutting edge of the way people travel today," said Andrew Constantin, Chief Operating Officer at Phoenix American. "We like working with innovative firms and look forward to being a part of the success of the Wander Atlas REIT."
About Phoenix American
Phoenix American Financial Services, Inc. provides back office outsourcing services including fund administration, fund accounting, transfer agent services, investor services and sales and marketing reporting to management firms in the alternative investment industry. The Phoenix American aircraft group, including its Irish subsidiary, PAFS Ireland Limited, provides managing agent services for asset-backed securitizations (ABS) in the commercial aircraft and engine leasing industry. Phoenix American is an affiliate of Phoenix American Inc. along with Phoenix American SalesFocus Solutions. Phoenix American has five offices worldwide, was founded in 1972 and is headquartered in San Rafael, CA.
See Campaign: https://www.phxa.com/
Name: Nehemiah Martens
Email: nmartens@phxa.com
Job Title: Marketing Coordinator
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