The high-level deal timeline will be as follows: 

• Sign the Subscription Agreement by June 13th
• Transfer Funds by June 15th 
• Expected Close: July 1st 

Canadian and US retail accredited investors. Canadian and US family offices. Co-general partners. Fund of funds.

See what an accredited investor is here.

The minimum investment amount is $50,000 USD . Our average investment amount is $128,000 USD excluding Family Offices and Fund-of-Funds Co-GP investors.

Canadian inventors are required to have a US Dollar bank account.

We utilize a limited partnership structure for our investments. You as an investor are a limited partner which holds limited liability. We as Sponsors are the general partner and hold unlimited liability. We have created a compliant and tax-efficient process that uses a fund-of-fund structure. Our Canadian investors invest in a Canadian Fund while our US investors invest in a US fund. The Canadian fund invests in the US fund which owns the asset.

Investors have limited liability in these partnership structures. Investors are liable for the amount of capital they have invested. All liabilities in relations to debt and legal liabilities are burdened by the General partner.

These investments are illiquid. You are committed for the term of the project which could be from 3 to 7 years. The general partner decides when the project is sold. But keep in mind that if the initial estimates were for a 3 year hold and the GP decides to hold the asset longer, this might result in investors not wanting to reinvest with the GP. Not a good business model if you don't have repeat clients. We try our best to sell the project in the most opportunistic time for the benefit of our investors. All GP efforts are to preserve investor capital and maximize investor IRR.

The process is the most streamlined available in the industry.

For our Canadian investors upon registration investors will need to go through an accreditation and a suitability assessment by CPI Capital's exempt market dealer, FrontFundr. CPI Capital has elected to sell its securities through a registered exempt market dealer who has performed extensive KYP (Know Your Product) on CPI Capital and its leadership team has performed background checks and criminal record checks on primary General Partners. Moreover, the EMD has performed extensive due diligence and research on the specific deal that is being presented to investors to ensure corroboration of forecasted returns to investors.

For our US investors, upon registration investors will go through an accreditation process that will be conducted through a third-party accreditation company which in most cases will require a letter from an attorney or CPA attesting to your accreditations qualifications.

When the accreditation process has been completed, Canadian and US investors will have access to the subscription agreement/ PPM and can fund their accounts by transferring funds.

Simply schedule a call with our investor relations team to get the process started.

In most cases, CPI Capital has a 7-9% hurdle rate (preferred returns) which needs to be met prior to a profit share split of 70/30 in the benefit of the investors. The hurdle rate (preferred returns) is one of the only available strategies for investors to achieve asymmetric Asyemtirc returns on their investments.

CPI capital only acquires properties that are low risk and offer preferred returns to investors. Preferred returns are a 7-9% return hurdle for investors that CPI has to meet before the general partner participates in the profit share. These preferred returns provide the peace of mind to investors that our team is risk-averse and extremely selective about our investments

CPI Capital's current business model is to target positive leverage assets, meaning properties that are able to provide cash flow distribution to our investors. To set ourselves apart from others, CPI Capital provides cash flow monthly distributions from the rents collected. Cash flow begins approximately 60 days after closing and is transferred to your account via ACH if you are located in the US and via EFT if you're located in Canada.

CPI Capital contracts experienced property management firms in the regions we invest in. The value add of the asset is performed by local general contractors CPI Capital has vetted and hired. CPI Capital’s internal asset management team oversees all assets' renovations and property management.

Due to the limited partnership structure, Canadian investors can not use registered funds to invest in our opportunities.

However, US-based investors can often invest using funds from an IRA or self-directed 401(k). You will need to confirm your ability to use funds from these accounts with a financial advisor.

Depreciation and mortgage interest deductions are the two most common tax advantages. Please note – It is advised to talk to a tax professional to confirm what benefits, if any, will be available to you.

At CPI Capital, we have designed a tax-efficient legal structure to support Canadian investors in cross-border investments. We established a Canadian-based Limited Partnership that directly invests in US real estate assets. This structure protects our Canadian investors from risks of dual taxation.

We invest in the sunbelt states because of the yields multifamily assets provide in these states in the form of cash flow and above-market appreciation. When selecting regions to invest in, we look for specific growth metrics which increase the odds of natural market appreciation. Such growth metrics as Job growth, population growth, income growth, rent growth. Furthermore, the sunbelt states have a business and landlord-friendly laws such as no rent control and tax benefits.

This document is confidential and may not be reproduced or redistributed. The information presented herein has been prepared for informational purposes only and is not an offer to buy or sell, or a solicitation of an offer to buy or sell any security or fund interest or any financial instrument and is not to be considered investment advice. This presentation is for institutional use only and is not to be distributed to any party other than its intended recipient.

The following materials present information regarding a proposed creation of a special purpose vehicle (the “Issuer”) which would offer securities (the “Securities”) to indirectly finance its acquisition of a portfolio of financial assets to be selected and managed by the portfolio manager referred to herein (the “Manager”). These materials have been prepared to provide preliminary information about the Issuer and the transactions described herein to a limited number of potential underwriters of the Securities for the sole purpose of assisting them to determine whether they have an interest in underwriting the Securities. All securities are sold through CPI Capital EMD FrontFundr.

Forward-Looking Statements

This document includes “forward-looking statements” and “forward-looking information” (collectively, “forward- looking statements”) and “financial outlook” within the meaning of applicable securities laws. All statements other than statements of historical facts included in this document, including, without limitation, statements regarding the future financial position, targeted or projected investment returns, business strategy, budgets and projected costs of the Partnership and plans and objectives of the Partnership for further operations, are forward-looking statements or financial outlook. In addition, forward-looking statements and financial outlook generally can be identified by the use of forward-looking terminology such as “may,” “will,” “expect,” “intend,” “forecasted,” “projected,” “estimate,” “anticipate,” “believe,” or “continue” or the negative usages thereof or variations thereon or similar terms, although not all forward-looking statements or financial outlook contain these identifying words. Forward-looking statements and financial outlook reflect our current expectations and assumptions as of the date of the statements and are subject to a number of known and unknown risks, uncertainties and other factors, including, without limitation, those listed under the heading “Risk Factors” below, many of which are beyond our control, which may cause actual results, performance or achievements to be materially different from any anticipated future results, performance or achievements expressed or implied by the forward-looking statements. Although we believe that the assumptions on which the forward-looking statements are made and the financial outlook is based, including, without limitation, those assumptions listed under heading “Assumptions” below, are reasonable, based on the information available to it on the date such statements were made, no assurances can be given as to whether these assumptions will prove to be correct. Given these uncertainties, readers are cautioned that forward-looking statements and financial outlook contained herein are not guarantees of future performance; accordingly, readers should not place undue reliance on forward-looking statements or financial outlook. To the extent any forward-looking statements in this this document constitute “financial outlook” within the meaning of applicable securities laws, such information is being provided, so that readers are aware of management’s current estimate of future financial performance of the Partnership (which estimates are subject to change). We will not update any forward-looking statements or financial outlook except as, and to the extent, required by applicable securities laws. The forward-looking statements and financial outlook contained herein, and all subsequent written and oral forward-looking statements and financial outlook attributable to the Partnership, or persons acting on any of their behalf, are expressly qualified in their entirety by this cautionary statement. No representation or warranty is made by the Partnership as to the accuracy or completeness of any of the information contained herein. No securities commission or similar regulatory authority has passed on the merits of the securities referred to hereunder and any representation to the contrary is an offence. In considering the prior performance information contained herein, prospective investors should bear in mind that past performance is not necessarily indicative of future results, and there can be no assurance that the Partnership will achieve comparable results.

Risk Factors

Investment in the Partnership involves a high degree of risk and is suitable only for sophisticated investors who can withstand the loss of their entire investment and requires the financial ability and willingness to accept the high risks and lack of liquidity inherent in an investment in the Partnership. No assurance, representation or warranty can be given that the Partnership’s investment objectives will be achieved or that investors will receive a return of their capital. An investment in Units is subject to risk. Standard risks applicable to investments of this nature include:

• No market for Units: There is currently no resale market for the Units and it is not guaranteed that any market will develop. The Units are not transferable without the approval of General Partner and in compliance with applicable securities laws and regulations.

• Vacancy Rates: The apartment building business relies on a steady supply of good quality tenants. A shortage of quality tenants due to an economic downturn or job losses in a given marketplace could result in higher than expected vacancy and lower than expected revenue.

• No guaranteed return: The projected returns described in this Investment Summary are not guaranteed. An investment in Units is not suitable for investors who cannot afford to assume significant risks in connection with their investments.

• Tax matters: Investors should consult their own tax advisors for advice with respect to the tax consequences of an investment in the units based on their particular circumstances.

• The Partnership: intends to acquire units in a USLP (Investment), Delaware limited partnership, and the Partnership will own units in the

• USLP (Investment). In the event of a refinancing of the property, the Partnership will be entitled to participate in the net proceeds of the refinancing on a pari passu basis. Subject however, to the final terms of the USLP (investment) agreement which may include a Preferred Equity Partner that may receive preferred preferential rights of return (see Two-Tiered Equity Structure for more details). For more information, investors are advised to review the agreements governing the relationships described herein.

• Covid-19: As the impact and extent of the COVID-19 outbreak is not known as of the date of this document, all forward looking statements in this document are qualified by the risks associated with the COVID-19 outbreak. There is significant risk that the COVID-19 outbreak will cause the assumptions underlying the forward-looking information in this document to change and the actual results and performance of the Partnership to differ materially from the forward-looking statements contained herein.

Assumptions

Material factors or assumptions that were applied in drawing a conclusion or making an estimate set out in the forward- looking statements and financial outlook contained herein include that: building upgrade plans and related expenses will proceed as anticipated; the Partnership will remain in good standing with respect to its obligations to any senior lenders; the general economy is stable; local real estate conditions are stable; interest rates are relatively stable; equity and debt markets continue to provide access to capital; and that the Partnership’s expenses will not be materially greater than anticipated. These factors and assumptions should be considered carefully by readers. Readers are cautioned not to place undue reliance on the forward-looking statements or financial outlook or the assumptions on which the forward-looking statements and financial outlook are based on. Investors are further cautioned that the foregoing list of factors and assumptions is not exhaustive. In addition, information regarding targeted returns is based on the following principles and assumptions: the Partnership will maintain a consistent level of cash flow and indebtedness and will not materially incur additional indebtedness, other than with respect to ordinary operating costs or as disclosed herein; the consumer price index, property taxes, operating expense growth, and market rent growth will be as anticipated; existing tenants will fulfil their current contractual lease obligations and remain in occupancy and pay rent for the term of their leases; upon expiry of their leases, the number of retained tenants will meet historical retention experience; and the Partnership will maintain cash reserves as anticipated.

Although we believe that the assumptions on which the forward-looking statements are made are reasonable, based on the information available to it on the date such statements were made, no assurances can be given as to whether these assumptions will prove to be correct. Accordingly, readers should not place undue reliance on forward-looking statements. We will not update any forward-looking information except as, and to the extent, required by applicable securities laws. The forward-looking statements contained herein, and all subsequent written and oral forward-looking statements attributable to the Partnership, or persons acting on any of their behalf, are expressly qualified in their entirety by this cautionary statement. Market data and certain industry statistics used throughout this executive summary were obtained from market research, informational and marketing materials provided to CPI Capital, publicly available information and industry publications. Industry publications generally state that the information contained therein has been obtained from sources believed to be reliable, but that the accuracy and completeness of such information is not guaranteed. No representation or warranty is made by the Partnership as to the accuracy or completeness of any of the information contained herein. No securities commission or similar regulatory authority has passes on the merits of the securities referred to hereunder and any representation to the contrary is an offence. In considering the prior performance information contained herein, prospective investors should bear in mind that past performance is not necessarily indicative of future results, and there can be no assurance that the Partnership will achieve comparable results.