You are investing in a private real estate development project involving the acquisition, construction and/or development of condominium properties in a strategically selected college market. Your investment is in the real estate project—not directly in a university, athletic department or NIL program.

Major college sports markets can attract athletes, students, families, alumni, fans, businesses and year-round economic activity. The growth of NIL and athlete compensation is one factor we consider when identifying college markets with strong potential for residential real estate demand.

NIL is part of a broader transformation in college athletics that is bringing more financial activity to major university markets. We look at how that activity, together with student enrollment, housing demand, population growth, employment and limited housing supply, may support long-term real estate demand.

We focus on carefully selected markets surrounding major universities with strong athletic programs and attractive real estate fundamentals. Market selection considers factors such as university enrollment, housing demand, population growth, economic activity, new construction, comparable property sales and proximity to campus.

Depending on the project structure, investor returns may come primarily from the sale of completed condominium units and the resulting project profits. Each offering will clearly explain the projected sources of revenue, expenses, distributions and potential investor returns.

A group investment allows multiple investors to participate in a larger development project without individually purchasing and managing an entire development. The professional development team manages the project according to the investment structure and governing documents.

The minimum investment varies by project. Each offering will specify the minimum investment, ownership structure, fees, capital requirements and other applicable terms before an investor commits capital.

The expected investment period depends on the acquisition, construction, sales and exit strategy for the specific project. The anticipated timeline will be provided in the offering materials, although delays can occur in real estate development.

Real estate development involves significant risks, including construction cost increases, permitting delays, financing risk, interest-rate changes, market declines, slower-than-expected sales, changes in housing demand and unexpected project expenses. College athletics and NIL regulations are also evolving, so the investment should not depend on NIL alone.

Yes. This is an investment in private real estate development, and investors may lose some or all of their invested capital. Projected returns are estimates and are not guarantees of future performance.

The development team may consider strategies such as adjusting pricing, extending the sales period, increasing marketing efforts or evaluating alternative exit strategies. The available options depend on the specific project, financing arrangements and governing investment documents.

Investor protections depend on the project's legal and financial structure. Before investing, investors should review the offering documents describing ownership rights, use of funds, financing, project expenses, fees, distribution provisions, risks and other material terms.

The development team oversees the project according to the applicable investment and development agreements. Responsibilities may include site acquisition, financing, design, permitting, construction management, marketing, condominium sales and project disposition.

No. This is a real estate investment. NIL and college athletics are part of the market thesis used to identify potentially attractive locations. Unless expressly stated in the offering documents, the project is not affiliated with or endorsed by a university, athletic department, NIL collective or student-athlete.

Start by requesting the investment information for the specific project. Review the business plan, development budget, projected financials, investment structure, risks, fees, timeline and offering documents. Investors should consult their own legal, tax and financial advisors before making an investment decision.