The Company was organized to acquire, renovate, manage, hold, dispose of, and/or rent residential (single and multi-units) and commercial (mixed-use, single-use and triple-net) properties. The Company’s strategy is designed to provide investors with a return on their investment through pro rata distributions of net profits, if any. The Company intends to invest solely in assets that present material “value added” opportunities or existing stabilized cashflow. There can be no assurance given that any assets will ultimately be acquired on terms that are advantageous to the Company, if at all. Investors and the Company must rely entirely upon the judgment and ability of the officers and Manager along with its principals and advisors, with respect to the identification and acquisition of any real estate assets

The Company may borrow funds in connection with the contemplated real estate transactions up to a maximum of 90% loan-to-value (“LTV”). Once the Company has acquired a property, it may initiate the necessary interior and exterior renovations to justify increasing rents to meet the fair market rents (if not higher) for the single and multi-family unit(s)/apartment(s). To maximize cash flow and minimize costs, the Company intends to acquire single and multi-family unit(s)/apartment(s) within New Jersey and New York. In addition to the costs necessary to acquire properties, the Company may employ other professionals (e.g., real estate brokers/agents, mortgage brokers) whose fees will be part of the total costs to acquire the single and multi-family unit(s)/apartment(s).

The Fund is intended to operate for a 5 to 10-year period (subject to extension), beginning upon the date of the closing of this Offering. The Fund will act mainly as a private equity provider for small to large-scale real estate developments and other real estate assets and transactions throughout the U.S. and may invest capital in the form of equity and/or debt components. The Fund may use all or part of the funds raised to leverage projects with debt financing from various banks and joint venture equity partners. Upon the termination of the Fund, the Company will seek to sell any remaining properties and will cease making any further investments. No assurance can be given that any property once acquired, will ever be sold, or sold on terms advantageous to the Company.

Long-term Rental

The Company, may, either directly on its own, or in conjunction with other real estate ventures and developers, seek to purchase and improve residential and/or commercial properties, and/or acquire and develop vacant land throughout the US, and then hold and lease such properties. We may perform a market-specific analysis, and may perform property inspections, including examination of the roof, the foundation, the interior, the sewer system, the mechanical system, the electrical system, and vermin/pest inspection, prior to purchase. This due diligence process would allow the Company to accurately estimate the costs involved in renovating the property, and best determine the likely rental value. However, in many cases, we may not conduct such property inspections prior to acquiring such properties. We may seek to rent properties at higher rates than previously positioned, and/or develop vacant land and introduce as rental properties to the market. We will manage such properties internally and/or utilize separate property management services to manage rent collections and associated services.

Real Estate Development

The Company may invest in new development projects by providing developers with private equity commitments. We expect to capitalize on the experience and local market knowledge of established land developers when entering into a real estate transaction.

Real Estate Purchases

The Company may seek to identify, acquire, and renovate residential and commercial real estate properties. We intend to purchase properties ranging between $250,000 and $10,000,000. The Company intends to pay no more than 90% of retail value after repairs, if necessary. The Company intends to sell such properties at such times and under such circumstances that it deems to be economically advantageous.

Distressed Real Estate Purchases

The Company may seek to identify, acquire, and renovate distressed properties. We intend to purchase properties ranging between $100,000 and $5,000,000. The Company intends to pay no more than 90% of retail value after repairs, if necessary. The Company intends to sell such properties at such times and under such circumstances that it deems to be economically advantageous.

New construction

The Company may seek to purchase below market valued “tear-down” properties and/or vacant land in desirable areas with the intention of building ground up residential and/or commercial properties. The properties will primarily be built with the intention to resell them, but some may be rented to produce cash flow prior to sale.

Current Real Estate Assets

41-unit boutique rental located at 535-541 MLK BLVD

The proposed new construction will be 1 mile from Newark Penn Station (connecting residents to New York City and various interstate rail services), and just an 8-minute drive to Newark Liberty International Airport. The property sits on a 12,187 square foot lot at 535-541 ML King Blvd, Newark (Block: 102 / Lot: 53). The location is in the Institutional Zone. The building is approved to have 2 stories of parking (36 spaces) and 4 stories residential development. Amenities will include:

• Fitness center;
• Party room
• Bicycle storage;
• Amazon storage room;
• Rooftop patio space with outdoor furniture, grill.

Downtown Newark, just minutes away from schools, the Prudential Center, NJPAC, Military Park, Lincoln Park, Independence Park, as well as in close proximity to Newark Museum, New Jersey Institute of Technology, Rutgers University, University Hospital, and numerous restaurants, banks and stores.

• Targeted Average Cash Yield: 7% Preferred Annual Return
• Targeted Equity Multiple: 2x
• Target Investment Period: 5 - 7 years

11-UNIT MIXED-USE RENTAL REDEVELOPMENT LOCATED AT 347-349 W. MARKET ST. , NEWARK, NJ

The subject property is a 5000 SF vacant lot in which the finished development product will result in a 13, 900 SF Mixed-Use Residential and Commercial building. The building will have 11 residential units consisting of a Studio, One- and Two-bedroom rentals and 1 ground floor Retail space. The building will boast high standards of architectural, structural and energy efficient design.

The property is located amidst a metropolis of City conveniences and services making the development immensely transient oriented. Just a few yards south is the campus of Rutgers University School of Medicine and Dentistry, one of the leading medical schools and trauma centers in the State of NJ. The subject property is in close proximity to several major highway connections as well as public transportation, with a bus stop positioned directly in front of the building residents will benefit from a five-minute bus ride to Newark Penn Station and a 10-minute drive to Newark Liberty International Airport.

This Rental and Retail building will be desirable to live and work for local professionals and students and will introduce a desperately needed fresh food Café to the neighborhood.

• *Acquisition Cost under $8 per sqft
• Targeted Investor IRR: 9%
• Targeted Equity Multiple: 1.75x
• Targeted Average Cash Yield: 7% Preferred Annual Return
• Target Investment Period: 5 - 7 years

Recent Prior Performance of Certain Real Estate Projects

Prospective investors will not acquire any interest in any of the properties in connection with the Fund. In considering the prior performance information contained herein, prospective investors should bear in mind that past performance is not indicative of future results, and there can be no assurance that comparable results will be achieved in the future.