This is not an offer; offers will be made only by means of the Regulation D Offering Documents available herein which may be updated or amended from time-to-time with the most recent Offering Documents. The Regulation D offering under Rule 506(c) is for accredited investors only.

The acquisition of any property identified in this communication is subject to various contingencies and may not be consummated. Past performance is not an indication of future results. Investing involves risk and may result in partial or total loss. Any historical returns, expected returns, or probability projections may not reflect actual future performance. Prospective investors should consider carefully investment objectives, risks, charges and expenses, and should consult with a tax, legal and/or financial adviser before making any investment decision. For additional information, visit cardonecapital.com/disclosures.