Q4 2020 Fund Update

As market uncertainty spreads as a result of CoVID-19, traditional assets have experienced unprecedented volatility. Despite this volatility, the Fund has not experienced any negative impact from the Coronavirus pandemic and anticipates that any future impact will be negligible.

Our tenants are currently near capacity across all Detox Centres, and there has been an uptick in demand for services since the pandemic began.

As ‘Essential Businesses’, all our tenants will remain in operation during the lockdown. As licensed healthcare facilities, our tenants can avail of federal funding, supplies, and additional staffing support.

• Over Q4 2020 SP01 realized 100% rent collections from the four properties totalling $379,627.44.
• The current valuation of SP01 as of December 31 2020 is $7,749,046.52. The Net Asset Value (“NAV”) as of December 31st 2020 is 10.56, representing a 0.2% return for the quarter and a 6.3% return YTD.
• The SP01 anticipates a second quarterly distribution at the end of Q3 2020 of $0.05 per share.

Acquired Properties

Pipeline

Over 2021, The Real Estate Partner and Investment Manager will work in conjunction to identify additional properties that meet the investment criteria while also finalising the purchase of 1401 N.W. 9th Ave, Boca Raton, FL