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CalTier Realty Fund

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Lavellcross24@gmail.com on June 15
How will this give me a passive income?

Matt Belcher - Managing Partner on June 15
Hi, Thanks for your comment and question. The idea of the fund is to invest into a portfolio of cash-flowing multi-family assets. When those assets produce income that flows back to the fund and then we distribute to you, the investors. As with every investment, there is a risk and I encourage you to read the offering circular here: https://www.sec.gov/Archives/edgar/data/1771232/000114420419047556/tv530766_partiiandiii.htm You can also read more about the fund and how it works on the FAQ's page here https://caltierrealtyfund.com/faq/ If you would like talk on the phone please let me know and we can set that up. We hope you will join us on this journey. Thank you. Matt Belcher Managing Partner CalTier Realty

Blake Clemmons on June 19
What is the current NAV? When will NAV be updates? Equity or debt investment? What is current dividend yield? How many active cash flowing properties? How many dividend payments have been made? How is this different or better than fundrise? What are liquidity options. I’ve already viewed circular but find its good to ask directly. Thank you.

Matt Belcher - Managing Partner on June 25
Hi Blake, I appreciate the questions. It might be easier to cover some of these on the phone as they are detailed and I can tell you have a pretty deep understanding of everything. However, I will give some info here, and then if you would like to chat please let me know when you can talk on the phone. 1. NAV - It will be calculated quarterly in arrears based on the monies we have in the fund and the value of the assets in the portfolio. 2. The fund is purely an equity investment instrument and we will be either the GP in the deals or the LP, depending on the size and structure. 3. We are still in the 'holding' phase of the fund. We have a minimum trigger of $750,000 which we aim to hit in a couple of months. That was put into place to essentially protect the investors and the integrity of the fund. If we had a lower minimum we wouldn't have been able to invest in the assets that are in our business plan. Hence, wouldn't have made sense. 4. Fundrise. I don't know if we can say we are 'better' than their offerings as there are so many uniques to compare against. It would be really hard to do a like for like comparison. However, I will say some of the strengths of our fund that you might not find elsewhere include: a. We are 100% Multi-family value add focused. We have a deep and far network of partners to be able to access quality deals. You won't see us doing single-family home developments in our fund. We feel very strongly about this asset class and know it very well. While we obviously had no idea COVID would start in 2020 we did see the economy looking like it would weaken from 2020 onwards. That was our personal view and one of the reasons we decided to start the fund to take advantage of discounted assets. We are already starting to see this happen and believe it will continue for a couple of years. b. We have a liquidity mechanism that is 20% of the fund. Meaning, we keep 20% of it parked aside for tools such as the money markets. c. All revenues flow back to the fund. The managers (us) are paid a percentage of what the NAV is. So the intention is that we only get paid if the fund performs. d. We are targetting an 8% return to investors and should we deliver on our plan then the units purchased in the fund will increase. 5. As mentioned above, we are still holding all investments in escrow until we hit our minimum so no assets have been acquired as yet. However, we are constantly looking at deals and as soon as we hit the minimum we will be investing. In fact, CalTier already invests in assets outside of the Reg A fund. Those assets are performing very well even with COVID. Collections and occupancy are still good and our property management teams are working hard to increase these. I really hope that helps Blake? As I said, we might want to jump on a call to dicusss some of these in more detail and I am very happy to do so. Hope you join us on this exciting journey! Thanks Matt

Matt Belcher - Managing Partner on June 24
Hi Jose, Thank you for your message. I had the support check your account and they said they have not recived the funds from you yet. So your account is still pending. Once funds have cleared you will get an email to finish the investment process. Thank you. Matt

AN OFFERING STATEMENT REGARDING THIS OFFERING HAS BEEN FILED WITH THE SEC. THE SEC HAS QUALIFIED THAT OFFERING STATEMENT, WHICH ONLY MEANS THAT THE COMPANY MAY MAKE SALES OF THE SECURITIES DESCRIBED BY THE OFFERING STATEMENT. IT DOES NOT MEAN THAT THE SEC HAS APPROVED, PASSED UPON THE MERITS OR PASSED UPON THE ACCURACY OR COMPLETENESS OF THE INFORMATION IN THE OFFERING STATEMENT. YOU MAY OBTAIN A COPY OF THE OFFERING CIRCULAR THAT IS PART OF THAT OFFERING STATEMENT FROM:

https://www.manhattanstreetcapital.com/offering-circular/18684

YOU SHOULD READ THE OFFERING CIRCULAR BEFORE MAKING ANY INVESTMENT.

THE OFFERING MATERIALS MAY CONTAIN FORWARD-LOOKING STATEMENTS AND INFORMATION RELATING TO, AMONG OTHER THINGS, THE COMPANY, ITS BUSINESS PLAN AND STRATEGY, AND ITS INDUSTRY.  THESE FORWARD-LOOKING STATEMENTS ARE BASED ON THE BELIEFS OF, ASSUMPTIONS MADE BY, AND INFORMATION CURRENTLY AVAILABLE TO THE COMPANY’S MANAGEMENT.  WHEN USED IN THE OFFERING MATERIALS, THE WORDS “ESTIMATE,” “PROJECT,” “BELIEVE,” “ANTICIPATE,” “INTEND,” “EXPECT” AND SIMILAR EXPRESSIONS ARE INTENDED TO IDENTIFY FORWARD-LOOKING STATEMENTS, WHICH CONSTITUTE FORWARD LOOKING STATEMENTS. THESE STATEMENTS REFLECT MANAGEMENT’S CURRENT VIEWS WITH RESPECT TO FUTURE EVENTS AND ARE SUBJECT TO RISKS AND UNCERTAINTIES THAT COULD CAUSE THE COMPANY’S ACTUAL RESULTS TO DIFFER MATERIALLY FROM THOSE CONTAINED IN THE FORWARD-LOOKING STATEMENTS.  INVESTORS ARE CAUTIONED NOT TO PLACE UNDUE RELIANCE ON THESE FORWARD-LOOKING STATEMENTS, WHICH SPEAK ONLY AS OF THE DATE ON WHICH THEY ARE MADE. THE COMPANY DOES NOT UNDERTAKE ANY OBLIGATION TO REVISE OR UPDATE THESE FORWARD-LOOKING STATEMENTS TO REFLECT EVENTS OR CIRCUMSTANCES AFTER SUCH DATE OR TO REFLECT THE OCCURRENCE OF UNANTICIPATED EVENTS.

CALTIER FUND I, LP (THE “COMPANY”) WILL NOT BE ABLE TO MEET THE FILING DEADLINE, APRIL 29, 2020, FOR ITS ANNUAL REPORT ON FORM 1-K DUE TO CIRCUMSTANCES RELATED TO COVID-19. AS A RESULT, THE COMPANY INTENDS TO TAKE ADVANTAGE OF RELIEF AFFORDED UNDER RULE 257(F) OF REGULATION A PURSUANT TO THE SECURITIES ACT TO FILE ITS 1-K AS SOON AS POSSIBLE PRIOR TO JUNE 13, 2020. FURTHER DETAILS MAY BE FOUND IN THE COMPANY’S CURRENT REPORT THAT CAN BE FOUND HERE.