Investment Offerings

*Supplemental Information: 1) The calculations for any preliminary IRR reported above assume that the start date of the investment was on the closing date for the land acquisition and the end date was the date the distribution of net proceeds from the real estate sale was initiated to Members. The calculations for any final IRR displayed above assume that the start date of the investment was on the closing date for the land acquisition and all other cash flows were recognized on the date AcreTrader Management initiated the distributions to members. 2) A portion of the total sale proceeds were initially withheld to pay taxes and fees required to dissolve each SPV. If any funds remain in the SPV’s bank account after all taxes and fees have been paid, each investor will also receive his/her/its pro rata portion in a final distribution. 3) Final IRR calculations displayed are made after the SPV has been dissolved and all outstanding fees and taxes have been paid. 4) Note that the above IRRs were calculated solely at the entity level and may not be reflective of any investor's specific IRR which may differ based on factors specific to each such investor. 5) Note that the information above is not intended as investment advice.