The investor forms may be printed and submitted to our office by regular mail or courier service. Please note that original signatures are required. Accordingly, we may not accept the forms via facsimile or email. The forms should be directed to:

Cheryl Pala
Director of Investor Services
M & J Wilkow, Ltd.
20 S. Clark Street, Suite 3000
Chicago, Illinois 60603

    FAQs

    Real estate investments are, generally, not liquidated until the underlying assets are sold. Investments in M & J Wilkow–related entities typically take the form of units in a limited partnership or in a limited liability company; there is no public trading market for these interests. Real estate investments often represent long-term commitments and should not be considered as liquid since we cannot guarantee that a sale of your units will be possible. From time to time, M & J Wilkow is able to facilitate the sale of units (often at a discount from the liquidation value), based upon a variety of factors including the current market climate, number of units available, etc. If you are interested in pursuing this option, please contact our Director of Investor Services at cpala@wilkow.com

    Please note that we will require certain documentation, the nature of which will depend upon the circumstances:

    In the event of the death of an individual:

    1. Certified copy of the death certificate;
    2. Copy of the Will;
    3. Letters of Office or Administration (typically issued by the state) identifying the executor of the estate; and
    4. Letter of Direction or Transfer of Interest in the Event of a Death Form signed by the executor delineating the legal name, tax identification number and mailing address of the estate. When the executor is ready to distribute the assets of the estate, we will also require such instructions in writing, including the name, tax identification number and mailing address for each legatee of the estate. The transfer from the deceased to his or her estate, and from the estate to the legatee(s), may be effected on the same day, if so desired.

    In the event of the death of the grantor of a trust:

    1. Certified copy of the death certificate;
    2. Copy of the trust document, identifying the trustees and successor trustees; and
    3. Letter of Direction or Transfer of Interest in the Event of a Death form signed by the appropriate trustees and/or successor trustees delineating the legal name, tax identification number and mailing address of the beneficiaries of the trust.

    In the event of a gift:

    1. Letter of Direction or Transfer of Interest in the Event of a Gift Form signed by the appropriate party (owner, trustee, etc.). The letter should include the legal name, tax identification number and mailing address of the person or persons to whom the units are being transferred; and
    2. If the gift is being made by a trust, a copy of the trust document must also be furnished. In each case, please note:
      1. When we are in receipt of the above documentation, we will draw up a form of Assignment to be executed by all parties;
      2. If the interest is being transferred to a trust, we will require a copy of the trust document in order to establish this type of new account;
    3. We require original signatures and are unable to accept documents and correspondence in connection with transfers via facsimile or email; and
    4. All information should be directed to us at:
      Cheryl Pala
      Director of Investor Services
      M & J Wilkow, Ltd.
      20 South Clark Street
      Suite 3000
      Chicago, IL  60603

    Should you have any questions concerning these requirements, please contact our Director of Investor Services at 312.279.5967 or via email at cpala@wilkow.com. We reserve the right to require additional information on a case-by-case basis, if necessary, to establish ownership identity or authority.

    A final distribution, representing each investor's proportionate share of the proceeds (minus any liabilities) will be made when either:
    1. The investment entity reaches its termination date, as determined by the governing agreement and any applicable amendments; and/or
    2. The asset or assets owned by the investment entity are sold.

    The per unit liquidation value is estimated once a year, as of the last day of the year, and has generally been arrived at by estimating the amount of net sale proceeds which would result from the sale of the properties owned by the investment entity based upon each property's perceived fair market value as of said date, and calculating the portion thereof that would be distributable to the holder of one unit.

    The liquidation value is adjusted downward, from time to time, by the amount of any subsequent special distributions made since the date of valuation.

    Fair market value means the most probable price for which a property would sell after reasonable exposure (up to one year) in a competitive market under all conditions requisite to a fair sale, with a buyer and seller acting prudently, knowledgeably and for self-interest, and assuming that neither is under undue duress. In connection with the determination of the liquidation value of a unit, no discount is taken into account for the facts that: (i) the assets of the subject entities, consisting of real estate or interests in real estate, are generally not "liquid", (ii) an isolated sale of these units (representing minority interests) in a manner which is separate from the remaining interests, would result in a significant discount from their pro rata share of the value of the underlying assets, and (iii) there is no public trading market for these units.

    In addition, most of the properties are encumbered by significant debt. It is not always possible to predict how a given lender will respond upon the scheduled maturity of property debt. Significant equity paydowns, fees, guarantees or other security may be necessary in order to refinance property-level debt. The impact of refinancing issues, which cannot be projected at this time, could have a material impact on cash flow and property valuations. You may request a current Liquidation Value Statement for your investments by contacting us in writing at:

    Cheryl Pala
    Director of Investor Services
    M & J Wilkow, Ltd.
    20 South Clark Street
    Suite 3000
    Chicago, IL 60603

    Please note that for security reasons, we cannot accept email requests for these statements, and can only honor requests made by the registered owner of the interests. Estimates of Liquidation Value are generally completed in April of each year as of the last day of the immediately preceding calendar year (e.g., Liquidation Values as of December 31, 2017 should be determined sometime in April 2018).

    We issue quarterly distributions, whenever possible, on the 10th day of the month in January, April, July and October, for the quarters ending in December, March, June and September, respectively. Please refer to the Calendar of Important Dates for the current schedule.

    Each investor's Schedule K-1 package is mailed as soon as it is finished. Please refer to the Calendar of Important Dates for information concerning this year's final target date.

    We are not able to send multiple copies of the schedules; however, we will be happy to send your package directly to your accountant. You may arrange for this by utilizing the Change or Addition of Address Form or by calling our Director of Investor Services, Cheryl Pala, at 312.279.5967.

    If you have questions about the information contained within your Schedule K-1, we recommend that you consult your tax advisor. If he or she needs additional clarification, our Vice President of Tax Services, Diane Roth, may be contacted at 312.279.5978.

    You may provide us with mailing address changes, tax information addresses or seasonal addresses by calling the Director of Investor Services, Cheryl Pala, at 312.279.5967 or by utilizing the Change or Addition of Address Form.

    It is our practice to generate Investor Quarterly Reports on all properties in which each investment entity has an ownership interest. These investor reports will be made available to the investors typically the third week following the end of the quarter. We also issue special memoranda from time to time, when there are significant developments to report. Please refer to our website for press releases featuring acquisitions, sales, and major lease transactions, as well as general information about our portfolio.

    If you were not able to cash your distribution check in a timely manner, you may return the check to us, together with the Replacement Check Request Form, to have it reissued. If your check has been lost or stolen, and has not been deposited, we will stop payment on the check and reissue it. Please note that we reserve the right to charge a small administrative fee, in the event that this becomes a recurring problem.

    For further information, please contact:
    Cheryl Pala
    Director of Investor Services
    M & J Wilkow, Ltd.
    20 South Clark Street
    Suite 3000
    Chicago, IL 60603
    312.279.5967
    fax: 312.602.7867
    cpala@wilkow.com

    Important Dates to remember for 2018:

    January 10

    Quarterly distribution for period ending December 31, 2017 and Annual Property Update Memoranda. Checks will be mailed on Wednesday, January 10.

    January 31

    Issuance of Forms 1099 for interest paid during 2017.

    March 31

    Outside date for the issuance of Schedules K-1.

    April 10

    Quarterly distribution for period ending March 31, 2018. Checks will be mailed on Tuesday, April 10.

    April 15

    Liquidation values determined as of December 31, 2017.

    July 10

    Quarterly distribution for period ending June 30, 2018. Checks will be mailed on Tuesday, July 10.

    October 10

    Quarterly distribution for period ending September 30, 2018. Checks will be mailed on Wednesday, October 10.

    December 7

    Deadline for the submission of documentation required in connection with year-end transfers.