Will the Fund utilize leverage to acquire investments?
To help maximize investor returns, the Fund intends to utilize a prudent and conservative amount of leverage to acquire investments. The Fund’s target leverage ratio, subject to an initial ramp-up period, is 20% – 40% and shall not at any point exceed 50% of the aggregate fair market value of the underlying investments. In all cases, the leverage utilized will be recourse to the Fund or its REIT Subsidiary, but not Fund investors.