Why haven't I gotten any distributions?

We encourage our investors to take a look at the Investor Packet provided on the Offering Page of every investment opportunity for distribution frequency. The frequency of distributions will depend on the type of investment–debt, preferred equity, or equity. Most investment opportunities may distribute either monthly or quarterly, and most do not distribute until after the first full quarter of operations. Debt and preferred equity investments have contractual payments with set terms and payment dates. Equity investments do not have set or contractual payments.

Foremost, some investments may not distribute in the first year or longer as per the business plan. The best place to find out this information is in the Investor Packet in the pro forma financials to see the targeted cash yield per year. The pro forma will show if there is expected cash flow and when it is targeted to be paid.

Secondly, we encourage our investors to look at the most recent quarterly update from our Asset Management team. They will also post ‘Distribution Updates’ which can be found in your ‘My Activity’ section of our website. These updates will explain why there may be a delayed or missing distribution.

Lastly, please be reminded that for all equity deals, distributions are determined at the discretion of the Sponsor. The frequency and the amount of any distribution depend on the Sponsor’s ability to execute the business plan. There can be no assurance that any investment will achieve its objectives or avoid substantial losses. In cases where a targeted or pro forma distribution is not met, it is not necessarily the case that the Sponsor is delinquent or not fulfilling their financial obligations. This is not necessarily an indication of an underperforming asset.

If you are interested in more consistent cash-flow, or are only interested in investment opportunities that are targeted to distribute, we encourage you to look at our investment opportunities in our ‘Earn’ category. These are Investments focused on near-term income.

To see exactly when your next distribution is expected, you can see this information in your portfolio (see below an example).

This material is confidential and has been prepared solely for the information of the intended recipient and may not be reproduced, distributed, or used for any other purpose or shared with anyone in any form or format. This has been prepared for you by EM Advisor, LLC (“EquityMultiple”), an SEC registered investment advisor. Information within this report may have been provided by third-parties, including images displayed, and, while EquityMultiple believes this information to be accurate, EquityMultiple has not independently verified such information. Reference to registration with the Securities and Exchange Commission (“SEC”) does not imply that the SEC has endorsed or approved the qualifications of the firm or its respective representatives to provide any advisory services described on the report or that the Firm has attained a level of skill or training. Investments in securities are not FDIC insured, are not bank guaranteed and may lose value. Investing in securities involves risks, and there is always the potential of losing money when you invest in securities. Additionally, investments may not achieve stated social, environmental, or similar objectives. Before investing, consider your investment objectives and EquityMultiple charges and expenses. EquityMultiple advisory services are designed to assist clients in achieving discrete financial goals. They are not intended to provide financial planning with respect to every aspect of a client's financial situation, they do not incorporate investments that clients hold elsewhere, and they do not provide tax advice. Past performance does not guarantee future results, and the likelihood of investment outcomes are hypothetical in nature. For a comprehensive view of EquityMultiple's track record, please visit equitymultiple.com/track-record. Nothing in this presentation constitutes an offer, solicitation of an offer, or advice to buy or sell securities in jurisdictions where EquityMultiple is not registered. Unless and until the material terms of any potential transaction, if any, are agreed upon and both parties sign a written agreement reflecting such terms, it is not the sender’s intent for our email exchange to constitute a binding agreement. All rates or return or IRR are net of fees unless explicitly stated otherwise. EquityMultiple’s Form ADV can be found here:https://adviserinfo.sec.gov/firm/summary/314402.