OUR REIT DISTRIBUTIONS TO DATE

Since the income REITs inception in 2016, investors have received 66 monthsof consecutive distributions totaling $21.1MM.

ANNUALIZED DISTRIBUTIONS (NET OF FEES) AS OF 04/30/20

DISCLAIMER

Since the Apartment Growth REIT’s inception in 2017, investors have received 17 quarters of consecutive distributions to investors totaling over $7.7MM.

ANNUALIZED DISTRIBUTIONS (NET OF FEES) AS OF 1/1/18