Risks and Disclosures

• This offering is made only to Accredited Investors per Regulation D, Rule 506(c).
• This material is intended for Accredited Investors generally defined as an individual having a net worth of over $1 million dollars exclusive of primary residence, and certain entities with gross assets of greater than $5 million dollars or made up entirely of accredited individuals. If you are unsure if you or your entity is considered accredited, please verify with your CPA and attorney prior to considering an investment.
• There are significant limitations on the ability to sell or transfer interests.
• Securities offered through Madison Capital Markets, LLC, Member FINRA/SIPC. Only available in states where Madison Capital Markets, LLC is registered. Madison Capital Group and Madison Capital Markets, LLC are affiliated.
• The Internal Revenue Code Section 1031 contains complex tax concepts. You should consult your legal or tax professional regarding the specifics of your particular situation prior to considering an investment. This material is not to be interpreted as tax or legal advice.
• Past performance is not indicative of future results.
• Potential cash flows/distributions/appreciation are not guaranteed and could be lower than anticipated.
• There are material risks associated with investing in real estate, Delaware Statutory Trust (DST) properties, and real estate securities. These include illiquidity, tenant vacancies, general market conditions and competition, lack of operating history, the risk of new supply coming to market and softening rental rates, general risks of owning/operating commercial properties, potential adverse tax consequences, loss of entire investment principal, declining market values, and general economic risks.
• Investors should read the entire PPM carefully, including the “Risk Factors” section of the PPM before investing.
• The sponsor and their affiliates will all receive substantial fees and compensation relating to the syndication and sale of interests, as well as relating to the ongoing management and disposition of the Property owned by the DST.

Real Estate Disclosure

• There is no guarantee that any strategy will be successful or achieve investment objectives, including, among other things, profits, distributions, tax benefits, exit strategy, etc.
• Potential for property value loss – All real estate investments have the potential to lose value during the life of the investments.
• Change of tax status – The income stream and depreciation schedule for any investment property may affect the property owner’s income bracket and/or tax status. An unfavorable tax ruling may cancel deferral of capital gains and result in immediate tax liabilities.
• Potential for foreclosure – All financed real estate investments have potential for foreclosure.
• Illiquidity – These assets are commonly offered through private placement offerings and are illiquid securities. There is no secondary market for these investments.
• Reduction or elimination of monthly cash flow distributions – Like any investment in real estate, if a property unexpectedly loses tenants or sustains substantial damage, there is potential for suspension of cash flow distributions.
• Impact of fees/expenses – Costs associated with the transaction may impact investors’ returns and may outweigh the tax benefits.
• Stated tax benefits – Any stated tax benefits are not guaranteed and are subject to changes in the tax code. Speak to your tax professional prior to investing.