Securities offered through Direct Capital Securities, Inc., a registered broker-dealer, member FINRA/SIPC. www.finra.org. Office of Supervisory Jurisdiction: 1333 2nd Street, #600, Santa Monica, CA 90401. Ph.310.395.4100. All non-securitized real estate properties are offered via Corvest Realty Group, Inc., 718 Arch Street, Suite 401N, Philadelphia, PA 19106. Ph.215.574.0155.

This material does not constitute an offer to sell nor a solicitation of an offer to buy any security. Such offers can be made only with a Confidential Private Placement Memorandum to Accredited Investors. This material cannot and does not replace the Confidential Private Placement Memorandum. Past performance is no guarantee of future results. The direct or indirect purchase of real property involves significant risks, including market risks and risks specific to a given property. Please refer to and understand the "Risk Factors" section of the specific Confidential Private Placement Memorandum. There are a number of significant tax risks and tax issues involved with the purchase of real property. Investors should consult their own tax advisors and legal counsel. Investors should be able to bear the complete loss of their investment.