Risk Disclosure Statement
Effective 2026
General Investment Risk
Real estate investments are speculative and involve a high degree of risk. Investors may lose all or a substantial portion of their invested capital.
Illiquidity
Real estate investments are generally illiquid. There is typically no public market for the interests, and investors should be prepared to hold their investment for an extended period.
Leverage
Use of leverage may amplify losses as well as gains. Adverse market conditions may affect the firm's ability to service debt or refinance properties on favorable terms.
Market & Macroeconomic Risk
Real estate values are subject to changes in interest rates, credit availability, employment, regulatory environments, and broader macroeconomic conditions.
Operational & Execution Risk
Each investment is subject to execution risk, including but not limited to construction, leasing, capital improvement, and disposition risks.
No Assurance of Distributions
There is no assurance that any investment will generate distributions, achieve target returns, or realize any return of capital.