The website of Cision Capital/Cision Realty, and any other materials provided to you, are intended only for discussion purposes and are not intended as an offer or solicitation of an offer with respect to the purchase or sale of any security and should not be relied upon by you in evaluating the merits of investing in any securities. These materials are not intended for distribution to, or use by, any person or entity in any jurisdiction or country where such distribution or use is contrary to local law regulation.

This website is not intended to be complete, and material aspects of the descriptions contained herein may change at anytime.  If you express an interest in investing in Cision Capital, you must review the Documents and risk factors disclosed in the Documents prior to making a decision to invest.  You should rely only on the information contained in the Documents in making your decision to invest.  The information herein is not intended to provide, and should not be relied upon for, accounting, legal or tax advice or investment recommendations.  You should consult your tax, legal, accounting or other advisors about the matters discussed herein. Distribution of this information to any person other than the person to whom this information was originally delivered and to such person’s advisors is unauthorized and any reproduction of these materials, in whole or in part, or the disclosure of any of the contents, without the prior consent of Cision Capital (the “Management Company”) in each such instance is prohibited. Notwithstanding anything to the contrary herein, each recipient of this summary (and each employee, representative or agent of such recipient) may disclose to any and all persons, without limitation of any kind, the tax treatment and tax structure of (i) the Portfolio and (ii) any of its transactions, and all materials of any kind (including opinions or other tax analyses) relating to such tax treatment and tax structure.

All financial projections set forth in this Memorandum do not constitute a representation, warranty or guaranty by Cision Capital or the Owner of any of the numbers set forth herein or any economic value attributable to the Property or income that may be derived there from.  Results may vary materially from these projections and investors should develop their own estimates of pro forma income and expenses before making any decision whether to invest in the Property.