• of assets under management
• square feet under management
• Focus on investment-grade, necessity-based retail and healthcare
• Invested across properties
• Diversified across states
• All full-cycle offerings ( total thus far) have met or exceeded projected returns
• All active offerings are meeting or exceeding investor cash flow distribution projections
• Past performance is no guarantee of future results. All AUM statistics as of

States with ER and affiliates' AUM