The Synergies of Combining the Interval Fund and PCV Structures with Securitized Token Offerings (STOs)

The Benefits:

• STOs using and managed with Blockchain Technology provides investors with transparency and the security that their beneficial ownership position is immutable.
• By synchronizing beneficial ownership with an SEC approved Transfer Agent, confidence and transparency can be further enhanced.
• An STO provides confidence to global investors that it is an SEC compliant Reg S and/or Reg A+ offering.
• As a Permanent Capital Vehicle, with no dividends, global investors with no U.S. tax ID may participate, without concern over the 30% dividend withholding rules.
• Provides global investors unprecedented access to U.S. commercial real estate investments.
• Provides clarity and stability in the valuation of each share of stock (or token) based upon the Net Asset Value (NAV) of the real estate acquired.
• Reinvesting cash flow to acquire additional assets provides Equity share investors long term, year-over-year, compounded growth in NAV.
• With a commitment to issuing US GAAP audited financial statements and quarterly reports to its shareholders consistent with an SEC reporting entity, provides unprecedented financial transparency and investor confidence for a private real estate investment fund.
• NAV and hence Share (Token) value will grow regardless of the interest rate environment.
• NAV and hence Share (Token) value will grow in either a rising, level or falling real estate price environment.
• New STO exchanges in the U.S. and all over the world, for the first time, provide global liquidity for investors in U.S. private real estate funds.
• Liquidity is enhanced and NAV managed with a share repurchase program.