¹The performance and historical data set forth above is not intended to be indicative of, or a guarantee or prediction of, the returns that the Company or the Advisor may achieve. This is especially true for the Company given changes in worldwide economic conditions, including changes in real estate and credit markets. The economic conditions that applied during the periods of time noted above that offerings were started and operated may be very different than the conditions in which the Company operates today and in the future. Accordingly, we can offer no assurance that the Advisor will replicate the performance of the offerings above. Our returns could be substantially lower than the returns achieved by these programs and/or the Advisor and its investment professionals in their previous endeavors. For additional information, we encourage you to review the most recent audited annual financial statement and quarterly unaudited financial statement, which are available by contacting us.