Baker Tilly

BT REI was formed as a Delaware limited liability company in 2021. The principal business of BT REI is the acquisition and management of investment properties. It has been involved with 3 real estate programs with similar investment objectives since its formation. These prior programs raised approximately $128 million from approximately 366 investors. The prior real estate program of BT REI purchased 4 properties for a purchase price of approximately $200 million. The prior real estate programs were all student housing properties. The prior real estate programs were not newly constructed and were previously owned. The properties have not yet been disposed of.