This document is being provided on a confidential basis for illustration and discussion purposes only. It is not intended to be, nor should it be construed or used as, investment, tax or legal advice, any recommendation or opinion regarding the appropriateness or suitability of any investment or strategy. This document, inclusive of all materials and information provided herewith and in relation to this document, is confidential and proprietary. The reproduction of this document in whole or in part is strictly prohibited. You are not permitted to make this document or the information contained herein or the information provided to you available to any third parties except with the express written consent of Participant Capital Advisors, LLC (the “Manager”), or as required by law. This document is not intended for distribution to, or use by, any person or entity in any jurisdiction or country where such distribution or use is contrary to local law or regulation.
This document does not constitute an offer to sell or solicitation of an offer to buy securities. Any such offer will be made only by means of the Private Placement Memorandum (“PPM”) and other relevant offering documents of the particular Participant fund (the “Partnership” or the “Fund”), and will be subject to the terms and conditions contained therein. Please refer to the PPM for a detailed discussion of the fees, terms and risks associated with an investment in the Partnership. The distribution of the PPM and other relevant offering documents may be restricted in certain jurisdictions, and will only occur in such jurisdictions if and when the legal requirements of such jurisdictions have been satisfied.
Investing in the Partnership involves significant risks not associated with other investment vehicles and is suitable only for persons of adequate financial means who have no need for liquidity. There can be no assurances or guarantees that: (i) the Partnership’s investment strategy will prove successful, or (ii) investors will not lose all or a portion of their investment in the Partnership.
An investor should consider the Partnership as a supplement to an overall investment program and should only invest if willing to undertake the risks involved. Investors who are subject to income tax should be aware that an investment in the Partnership is likely (if the Partnership is successful) to create taxable income or tax liabilities in excess of cash distributions to pay such liabilities.
Past performance is no guarantee of future results. The Partnership has a limited operating history. There can be no assurance that either investment-level or Partnership-level targeted returns will be realized or that periodic distributions will be made.
The Partnership’s investments will be subject to the risks inherent in investments in and/or ownership in real estate assets. These risks include, but are not limited to, the burdens of ownership of real property, adverse changes to general and local economic conditions, the supply and demand for properties, fluctuations in occupancy and rates, the financial resources of tenants, changes in environmental and other laws and other variables as outlined in the PPM. The Partnership’s investments may also be adversely affected if the property managers employed by the Partnership perform inadequately or are not adequately supervised by the Partnership.
Because the Partnership may participate in a limited number of investments, the aggregate Partnership returns may be adversely affected by the unfavorable performance of even a single investment. In addition, the diversification of the Partnership’s investments could be even further limited to the extent the Partnership invests a significant portion of its capital in a transaction and is unsuccessful in selling of that Investment. The real estate market can be relatively illiquid at times, which may limit the ability of the Partnership to sell an asset.
CERTAIN INFORMATION CONTAINED IN THIS DOCUMENT CONSTITUTE FORWARD-LOOKING STATEMENTS, WHICH CAN BE IDENTIFIED BY THE USE OF FORWARD-LOOKING TERMINOLOGY, SUCH AS “MAY,” “WILL,” “SHOULD,” “EXPECT,” “ANTICIPATE,” “TARGET,” “PROJECT,” “ESTIMATE,” “INTEND,” “CONTINUE,” OR “BELIEVE,” OR THE NEGATIVES THEREOF OR OTHER VARIATIONS THEREON OR COMPARABLE TERMINOLOGY. SUCH STATEMENTS ARE NOT GUARANTEES OF FUTURE PERFORMANCE OR ACTIVITIES. DUE TO VARIOUS RISKS AND UNCERTAINTIES, ACTUAL EVENTS OR RESULTS OR THE ACTUAL PERFORMANCE OF THE PARTNERSHIP MAY DIFFER MATERIALLY FROM THOSE REFLECTED OR CONTEMPLATED IN SUCH FORWARD-LOOKING STATEMENTS.
The statements in this document are based on information (including from third-party sources) that is considered to be reliable as of the date on which this document is delivered, and includes certain good faith assumptions by the Manager. However, given the volatile nature of the real estate sector, such information may or may not continue to be accurate, and the Manager assumes no obligation to update or otherwise revise such information. There is no guarantee that the underlying real estate projects described herein will be successfully completed as described. Additionally, this document does not purport to be comprehensive or free from error, omission or misstatement and the Partnership and its advisors make no representations or warranties as to the accuracy, reliability or completeness of any information contained herein. The Partnership reserves the right to alter or amend any information contained or opinion expressed herein and without notice. This document does not take into account the investment objective, financial situation or particular needs of any individual entity. Liability for all statements and information contained in this document is, to the greatest extent permissible by law, excluded.
Any investment in the Partnership represents a speculative investment, involves a high degree of risk and may result in a total loss of investment.
Participant Capital Advisors, LLC is an investment adviser registered with the state of Florida .Please refer to Participant Capital Advisors, LLC ‘s ADV Part 2 for additional information and risks at https://adviserinfo.sec.gov/firm/summary/304859
. Being registered with the state of Florida does not mean the Adviser and its representatives have substantial training or are qualified to provide investment advice. Further, being registered with the state of Florida does not mean that the state or SEC has endorsed the investment advisor.