This presentation on this site (the “Website”) and in the Final Investment Memorandum has been prepared by RealCadre LLC, a broker/dealer registered with FINRA and a member SIPC (together with its affiliates and their respective employees, agents, directors and officers, collectively, “Cadre”) on the basis of information obtained from the Sponsor and other sources, some of which may be public, as of the specified date. Neither Cadre nor the Sponsor undertake any duty to update the information. Neither Cadre nor the Sponsor makes or gives any representation, warranty or guarantee, whether express or implied, that the information contained in this Website or otherwise supplied to the recipient, at any time by or on behalf of Cadre or the Sponsor whether in writing or not, relating to the opportunity discussed herein is complete or accurate or that it has been or will be audited or independently verified, or that reasonable care has been taken in compiling, preparing or furnishing the information. This Website is not intended to be exhaustive and, in particular, may not contain disclosure of all of the risks associated with the opportunity; potential investors must perform their own examination and inspection of the opportunity and information relating to same, and shall rely solely on such examination and investigation and not on this Website or any materials, statements or information contained herein or otherwise provided.All of the statements in this Website represent the beliefs and opinions of Cadre and the Sponsor as of the date hereof, should not be relied upon as statements of fact and may constitute forward-looking statements that are not historical facts. These forward-looking statements include statements, express or implied, regarding the current expectations, opinions and beliefs of Cadre or the Sponsor, as well as the assumptions on which those statements are based. Words such as “believes,” “estimates,” “expects,” “endeavors,” “anticipates,” “intends,” “plans,” “targets,” “should” and “objective” and variations of such words and similar words also identify forward-looking statements. Such statements are forward-looking in nature and involve a number of known and unknown risks, uncertainties and other factors, including those described in this memorandum. Any forward-looking statement, including any estimated return, contained in this Website is not a guaranty, assurance or representation by Cadre or the Sponsor as to future matters and nothing contained herein should be relied upon as a guaranty, assurance or representation as to future matters.The target return information presented herein represents underwriting criteria used by Cadre to analyze the investment opportunity and is provided as for illustrative purposes on how the Property is being underwritten and priced and once it is owned how it will be managed and does not represent a projection of performance returns to investors. Target return information is based upon certain assumptions, those outlined in this Memorandum or embedded in the financials in this Memorandum and in any Final Investment Memorandum with respect to the offering. Underwriting for target net returns includes deduction of fees and anticipated expenses but not taxes. An investment has a high degree of risk, and there can be no assurances that all or any of the assumptions will be true or that actual performance will bear any relation to these estimates. The estimates and other pro forma data set forth in this Website were not prepared with a view toward compliance with U.S. Generally Accepted Accounting Principles or any other published standards. Estimates and other pro forma data are derived from estimates, as of the date of this Website, based on certain assumptions, which are inherently subject to significant business, economic and competitive uncertainties and contingencies. Data relating to Property cash flows, financing, and other Property performance measures are based on assumptions and estimates, some of which are described here. Independent estimates about the future benefits of the opportunity and pro forma data should be developed by investors before any decision is made on whether or not to invest and investors should not rely on the estimates and pro forma data contained herein. Summaries of any documents about the opportunity discussed herein are not intended to be comprehensive or all inclusive, but rather only outline some of the provisions contained therein and are qualified in their entirety by the actual document to which they relate.Historical information is provided for informational purposes only. Past performance on other projects is not indicative of any result with respect to the Property. This Website is not to be construed as investment, tax or legal advice in relation to the relevant subject matter; potential investors must seek their own legal or other professional advice.This Website is a summary of information and you should refer to the Final Investment Memorandum for additional details and disclaimers. This presentation and the information contained herein (including the terms of the investment) are subject to completion or amendment without notice. Under no circumstances shall this Website constitute an offer or invitation to make an investment, in any form. It has been prepared for the sole purpose of obtaining indications of interest about a potential investment, which will only be made upon the basis of the negotiations and executions of full investment documentation. This is not an offer of an investment opportunity in any jurisdiction where it is prohibited or where a pre-filing or other action is required. The information in this Website is confidential and is furnished solely for the purpose of review in connection with the opportunity discussed herein. If an offering is made it shall be pursuant to a final offering memorandum which could contain material information not contained herein (including risks related to an investment) and which shall supersede this information in its entirety. Such final offering memorandum will be furnished to qualified investors on a confidential basis at their request for their consideration of an offering. Any decision to invest should be made after reviewing such final offering memorandum and conducting such investigation as the investor deems necessary (including consulting the investor's own legal, accounting and tax advisors). The information is not to be used or reproduced for any other purpose or distributed or made available to any other person without the express written consent of Cadre. The opportunity is subject to prior placement and withdrawal, change, cancellation or modification, all without notice.Performance Not Guaranteed: Past performance is no guarantee of future results. Any historical returns, expected returns, or probability projections are not guaranteed and may not reflect actual future performance.Risk of Loss: All securities involve a high degree of risk and may result in partial or total loss of your investment.Liquidity Not Guaranteed: Investments through Cadre are illiquid and there is never any guarantee that you will be able to exit your investments on the Secondary Market or at what price an exit (if any) will be achieved.Not a Public Exchange: The Cadre Secondary Market is NOT a stock exchange or public securities exchange, there is no guarantee of liquidity and no guarantee that the Cadre Secondary Market will continue to operate or remain available to investors.