This web site does not constitute an offer to sell or a solicitation of an offer to buy an interest in any investment vehicle managed by Avila Real Estate Capital (“AREC”) or its affiliates. The information set forth herein is preliminary, projected, based on assumptions regarding future events that may not occur and does not purport to be complete. Solicitations of offers to buy interests in an investment vehicle managed by AREC will be made only pursuant to a confidential private placement memorandum, which will contain a complete description of AREC, the risks inherent in such an investment and investor eligibility standards, and which will qualify this web site in its entirety. Past AREC performance is not necessarily indicative of future results. All investment has a risk of loss.