1The offering price per share is calculated based on the net asset value (NAV) of the company divided by the number of outstanding common shares. As of June 21, 2022, our net asset value was $51,057,997.31 and outstanding shares were 2,548,577. This gave us a Determined Share Value of $20.03, which became the new calculated selling price per share as of June 21, 2022.
*Annualized returns represent past performance, including unrealized gains, which is no guarantee of future results. Investment returns and principal value will fluctuate so that when shares are redeemed, they may be worth more or less than their original cost. Current performance may be higher or lower than the performance shown.
**Based on NAV per share at November 1, 2020 compared to NAV per share at November 1, 2021. The NAV will be the sum of the total fair value of each of the properties listed in the quarterly internal fair value assessment report minus the leverage attached to each of those properties, plus the addition of any other assets, plus all liabilities we hold, divided by the number of our common shares outstanding as of the end of the prior fiscal quarter.
Disclaimer: Annualized ROI (return on investment) represents past performance, including unrealized gains, which is no guarantee of future results. ROI and principal value will fluctuate so that when shares are redeemed, they may be worth more or less than their original cost. Current performance may be higher or lower than the performance shown.