These materials (the “Materials”) have been prepared on a confidential basis exclusively for the benefit of qualified prospective investors upon their specific request for informational purposes only. 

The Materials may not be reproduced or provided to others without the prior written permission of FCGP I, LLC (“General Partner”), the general partner of First Coast Real Estate Partners I, LP (the “Fund”). Any reproduction of the Materials, in whole or in part, or the disclosure of any of its contents, without the prior written consent of the General Partner, is prohibited.

This presentation is not an offer to sell securities of the Fund or a solicitation of offers to buy any such securities, even if we are offering such securities to others. Securities of the Fund are offered only to selected investors only by means of a complete offering documents which contain significant additional information about the terms of an investment in the Fund (the “Offering Documents”). Any decision to invest must be based solely upon the information set forth in the Offering Documents, regardless of any information investors may have been otherwise furnished, including this presentation.  No persons other than the General Partner have been authorized to give any information or to make any representation, warranty, statement or assurance not contained in the Offering Documents, and if given or made, such other information or representation, warranty, statement or assurance may not be relied upon.

The Materials were prepared in good faith to assist qualified prospective investors in their due diligence.  Statements contained in the Materials are made as of the date hereof unless stated otherwise therein and the delivery of the Materials shall not under any circumstances create an implication that the information is correct as of any time subsequent to the delivery date.

We have included certain economic and market information obtained from published sources prepared by third parties.  While we believe such sources to be reliable, we have not independently verified such information and assume no responsibility to do so. An investment in any strategy, including the strategy described herein, involves substantial risk, including the possible loss of the entire amount invested.  No assurance can be given that the Fund will achieve its investment objectives or avoid significant losses.

Historical deal and project information included in the Materials are provided for illustrative purposes only and are not indicative of future results. Highlighted deal and project information represent [all such deals consistent with the Fund’s strategy; most recent deals consistent with the Fund’s strategy; other selection methodology]

The statements of the Fund’s general investment objectives described herein are statements of objectives only.  They are not projections of expected performance nor guarantees of anticipated investment results.  Actual performance and results may vary substantially from the stated objectives.

These Materials were prepared by the General Partner and are believed to be reliable. the General Partner makes no representation as to the accuracy or completeness of such information. Opinions, estimates and projections, including targeted IRRs and MOICs in this presentation constitute the current judgment of the General Partner and are subject to change without notice. Any projections, forecasts and estimates contained in this presentation are necessarily speculative in nature and are based upon certain assumptions.  It can be expected that some or all of such assumptions will not materialize or will vary significantly from actual results. Accordingly, actual results will differ and may vary substantially from the projections or estimates shown.  the General Partner has no obligation to update, modify or amend this presentation or to otherwise notify a reader thereof in the event that any matter stated herein, or any opinion, project on, forecast or estimate set forth herein, changes or subsequently becomes inaccurate.

In considering any target performance information contained herein, prospective investors should bear in mind that past performance is not a guarantee, projection or prediction and is not necessarily indicative of future results.  While the General Partner intends for the Fund to make investments that have estimated returns commensurate with the risks involved, there can be no assurances that any targeted IRRs or MOICs will be achieved.

Any projections or estimates regarding the number, size, location or type of investments that the Fund may make (or similar estimates) are estimates based only on the General Partner’s intent as of the date of such statements and are subject to change due to market conditions and/or other factors. The General Partner will invest opportunistically and shall only be limited by the specific investment restrictions set forth in the limited partnership agreement of the Fund.

In making a decision to invest in the Fund, you must rely on your own examination of the proposed arrangement and the terms of the offering pursuant to the Offering Documents, including the merits and risks involved and the legality and tax consequences of the arrangement, and should make your own inquiries and consult your advisors as to this arrangement and as to legal, including suitability, tax, financial and other relevant matters concerning the arrangement. You should not construe any contents of the Materials as legal, tax, investment or other advice, and are urged to ask additional questions and discuss any prospective investment with your advisers. We will provide additional information upon reasonable request.