IU Real Estate Private Equity Program

Exciting News from Sample Gates Management! We are excited to share our recent investment with Matheson Capital for the acquisition of Residences at St. George, a value-add 248 unit class-B apartment community in Savanah, Georgia. This investment aligns with our dedication to identify and capitalize on growth opportunities and follows a similar business plan to that of Summer’s Run, our previous investment with Matheson Capital that is currently outperforming its pro forma. Key Investment Highlights: - Low going in cost basis and 2.95% assumable fixed rate debt, “Today’s Prices with Yesterday’s Debt”. - Large concentration of local employment centers around the Port of Savannah, the 3rd busiest port in the United States, catering to primarily blue-collar workers seeking affordable housing. - Overall strong risk-adjusted return for a cash-flowing asset with significant upside potential with Matheson Capital’s renovation plan and expertise. We look forward to continuing our success with the Residences at St. George, and the strong risk-adjusted returns it will bring our investors. 

Exciting News from Sample Gates Management! We are excited to share our recent investment in Phase II of Storie Co’s True North development plan. This venture includes the Four Seasons Island Resort and the newly acquired Pine Mountain Resort, marking a strategic move towards diversification in the hospitality market.  This investment aligns with our dedication to identify and capitalize on growth opportunities. Storie Co’s specialization in transforming operationally inefficient assets in leisure markets presents an excellent opportunity for SGREF Fund 1 to gain exposure in the hospitality sector and destination resorts, specifically in Michigan and Wisconsin.  Key Investment Highlights: ▪ Properties are already cash-generative with additional revenue-boosting opportunities.  ▪ Operational upside and scale opportunity through added rooms.  ▪ Secured financing with favorable debt terms.  We look forward to the continued success of True North and the strong risk-adjusted returns it will bring our investors.  

The IU Real Estate Private Equity Program has closed on its third deal! We are thrilled to announce our recent investment in the Alto Apartments Multifamily Development located in Lenexa, Kansas City. Alto Apartments will serve as a strong investment for Sample Gates Real Estate Fund I that aligns seamlessly with our ongoing commitment to identify and capitalize on risk-adjusted opportunities. With a highly experienced sponsor, prime market location, and favorable financing terms, Alto Apartments is a perfect fit for the fund’s first development investment. We would like to express our gratitude to our trusted partners Cityscape Residential, Valeo Investment Advisors, and TwoPointO for providing us with this opportunity. The team is extremely confident in the realization of this investment and looks forward to achieving risk-adjusted returns for our investors!