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What were your 2019 returns?


We aren’t able to provide performance for the REIT since it’s a new product and we haven’t closed the fund yet. We are still in the fundraising phase of the fund. All assets in the fund are newly purchased or in the renovation phase, therefore we haven’t realized full returns on any of them. Current returns are only from cash flows from the existing REIT properties, which are reinvested for growth.