Overview

Investment Strategy

- We intend to use substantially all of the proceeds of this offering to originate, invest in and manage a diversified portfolio of commercial real estate loans. We expect to use substantially all of the net proceeds from this offering to originate, acquire and structure single-family, multi-family, and other commercial real estate loans (including senior mortgage loans, subordinated mortgage loans or B-Notes, mezzanine loans, participations in such loans, other commercial real estate-related debt securities (including CMBS, CDOs and REIT senior and junior debt and certain REIT preferred equity securities), and other real estate-related assets.

- Impact Investments

Investment Objectives

- To preserve, protect and return investors’ capital contributions;

- To pay competitive and consistent cash distributions;

- To create a positive social impact through our investments;

- To create a repeatable investment process that allows the Company to continue to redeploy capital to achieve our investment objectives.

We believe in the value of making impactful investments.

Impact Investing

What is impact investing and what are “Impact” investors?

Impact investing refers to investments made into companies, organizations, and funds with the intention to generate a measurable, beneficial social or environmental impact alongside, or in lieu of, a financial return. The growing impact investment market funnels capital to address the world’s most pressing challenges in sectors such as sustainable agriculture, renewable energy, conservation, microfinance, and affordable and accessible basic services including housing, healthcare, and education.

The Company intends to focus primarily on housing through its lending programs, although it may also lend to other commercial real estate opportunities, especially in the foregoing sectors.

We believe in the
value of making impactful investments.

Impact Investing

What is impact investing and what are “Impact” investors?

Impact investing refers to investments made into companies, organizations, and funds with the intention to generate a measurable, beneficial social or environmental impact alongside, or in lieu of, a financial return. The growing impact investment market funnels capital to address the world’s most pressing challenges in sectors such as sustainable agriculture, renewable energy, conservation, microfinance, and affordable and accessible basic services including housing, healthcare, and education.

The Company intends to focus primarily on housing through its lending programs, although it may also lend to other commercial real estate opportunities, especially in the foregoing sectors.

Key Facts

Investment Type:

REIT*

Minimum Investment:

$1,000

IRA Eligible:

Yes

Price Per Share:

$10

Manager:

North Capital, Inc.

Liquidity:

Limited Quarterly Redemption Plan**

*Strategy expects to qualify as a REIT in 2019

**Please refer to the section in the Offering Circular entitled “Description of Our Common Shares-Quarterly Redemption Plan” for more information.

Fees

Asset Management Fee:

Quarterly asset management fee at an annualized rate of up to 1%*

Distribution Sales and Marketing Allowance/Broker Sales Commission:

Investors will not pay upfront selling commissions as part of the price per share of our common shares purchased in this offering. The Manager will pay NCPS and certain brokers participating in the offering selling commissions quarterly from their asset management fee equal to an annualized rate of 0.25% of the proceeds from the sale of any shares that the broker executed.

Organization and Offering Expenses — Manager :

We expect organization and offering expenses to not exceed $250,000 or, if we raise the maximum offering amount, approximately 0.5% of gross offering proceeds.

For a full listing of the fees please review the Offering Circular.

*Our Manager in its sole discretion may defer or waive any fee payable to it under the operating agreement.
All or any portion of any deferred fees will be deferred without interest and paid when the Manager determines.

Portfolio

Literature

Offering Circular

Subscription Agreement

Operating Agreement

Supplemental Filings

Shared Services Agreement

Escrow Agreement

Pitch Deck

Team

Jim_03

James Dowd

CEO

Stephanie_04

Stephanie Holt

COO

Mike_03

Michael T. Weaver, Jr.

Director of Private Funds

Grant_07

Richard "Grant" Nelson

Director of Origination

Risks

We have no prior operating history.

We are a recently formed company and have no operating history. As of the date of this Offering Circular, we have not made any investments, and prior to our initial closing, have approximately $500,000 in cash. Our limited operating history significantly increases the risk and uncertainty you face in making an investment in our shares.

There is a risk you may not receive distributions at all, or that distributions may not grow over time.

Our ability to pay distributions may be adversely affected by a number of factors, including the risk factors described in the Offering Circular.

Blind pool offering

Because we have not yet acquired or identified any investments that we may make, we are not able to provide you with any information to assist you in evaluating the merits of any specific investments that we may make, except for investments that may be described in the Offering Circular.

Real estate risks

Our commercial real estate loans and other real estate-related investments may be adversely by a number of risks, including natural disasters, adverse changes in national and local economic and real estate conditions, changes in governmental laws and regulations, and oversupply of spaces.

Investment objective includes both financial return and social impact:

In targeting non-financial objectives, namely investments with the intention to generate social impact alongside financial return, we may forego a financially attractive lending opportunity, or may make an investment with an expected positive social impact but a below-market financial return.

Illiquid investments

The illiquidity of our target investments may make it difficult to sell such investments if the need arises.

Note: The above is not intended to be a full review of all the risks of this offering.

For a more comprehensive discussion, please review the “Risk Factors” section on page 24 of the Offering Circular.