partner and the appreciation in value of the underlying property. The appreciation in value is based on the difference between purchase price and annual property reappraisals. Individual investor returns may vary based on the timing of their investments and expenses associated with when an investor chooses to redeem a token or sell on a secondary market. Investors should assess that there are no guarantees on returns presented. This site is operated by Estate International Inc., which is not a registered broker-dealer or investment advisor. Estate International Inc. does not give investment advice, endorsement, analysis or recommendations with respect to any securities. Nothing on this website should be construed as an offer to sell, solicitation of an offer to buy or a recommendation for any security by Estate International Inc. or any third party. You are solely responsible for determining whether any investment, investment strategy, security or related transaction is offered by, and all information included on this site is the responsibility of, the applicable issuer of such securities. Estate International Inc. does not guarantee any investment performance, outcome or return of capital for any investment opportunity posted on this site.