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Investment Summary

JEM Holdings acquired the Highlands in January of 2014 in an off-market transaction as a value-add investment. The Highlands is a 176-unit garden style apartment complex located in the Archdale submarket of Charlotte, NC. During its ownership, JEM has enhanced amenities, repaired water sub-meters, and implemented a unit interior upgrade program resulting in significant revenue growth. In December 2016, JEM obtained supplemental financing, returning over 100% of investors’ initial capital in 3 years of ownership.

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