Terms of Use

This Web­site is owned, oper­at­ed, or made avail­able by Fidu­cia­ry Cap­i­tal Man­age­ment, LLC and/or its affil­i­ates, rep­re­sen­ta­tives, or ser­vice providers, col­lec­tive­ly referred to as “we,” “us,” “our,” or the “Firm.”

By access­ing or using this Web­site, you agree to these Terms of Use. If you do not agree with these Terms of Use, you should not use this Web­site.

1. Edu­ca­tion­al Web­site Only

The infor­ma­tion on this Web­site is pro­vid­ed for gen­er­al edu­ca­tion­al and infor­ma­tion­al pur­pos­es only. The Web­site may include infor­ma­tion about Delaware Statu­to­ry Trusts “DSTs,” Sec­tion 1031 exchanges, real estate invest­ment strate­gies, pri­vate place­ments, alter­na­tive invest­ments, qual­i­fied inter­me­di­aries, real estate spon­sors, and relat­ed plan­ning con­cepts.

Noth­ing on this Web­site is intend­ed to be, and should not be inter­pret­ed as:

• An offer to sell secu­ri­ties;
• A solic­i­ta­tion to buy secu­ri­ties;
• Invest­ment advice;
• Tax advice;
• Legal advice;
• Account­ing advice;
• Real estate advice;
• A rec­om­men­da­tion to pur­chase, sell, exchange, or hold any invest­ment;
• A guar­an­tee of tax defer­ral, income, liq­uid­i­ty, or invest­ment per­for­mance.

Any invest­ment deci­sion should be made only after review­ing the applic­a­ble offer­ing doc­u­ments and con­sult­ing with qual­i­fied legal, tax, account­ing, finan­cial, and real estate pro­fes­sion­als.

2. No Advi­so­ry Rela­tion­ship Cre­at­ed by Web­site Use

Your use of this Web­site does not cre­ate an invest­ment advi­so­ry, fidu­cia­ry, client, attor­ney-client, tax advis­er, bro­ker-deal­er, agency, or oth­er pro­fes­sion­al rela­tion­ship with Fidu­cia­ry Cap­i­tal Man­age­ment, LLC or any per­son asso­ci­at­ed with the Web­site.

An advi­so­ry rela­tion­ship with Fidu­cia­ry Cap­i­tal Man­age­ment, LLC is estab­lished only through a writ­ten advi­so­ry agree­ment signed by the client and accept­ed by the Firm.

3. DST Invest­ments Involve Sig­nif­i­cant Risk

DST invest­ments and oth­er pri­vate real estate offer­ings involve sub­stan­tial risks and are not suit­able for all investors. Risks may include, but are not lim­it­ed to:

• Illiq­uid­i­ty;
• Lack of a pub­lic trad­ing mar­ket;
• Pos­si­ble loss of prin­ci­pal;
• No guar­an­tee of dis­tri­b­u­tions;
• Ten­ant, prop­er­ty, spon­sor, financ­ing, and mar­ket risk;
• Lever­age and refi­nanc­ing risk;
• Lim­it­ed investor con­trol;
• Tax risk;
• 1031 exchange risk;
• Val­u­a­tion risk;
• Spon­sor con­flicts of inter­est;
• Lim­it­ed oper­at­ing his­to­ry;
• Reg­u­la­to­ry and secu­ri­ties law risk.

Investors should care­ful­ly read the applic­a­ble Pri­vate Place­ment Mem­o­ran­dum, sub­scrip­tion agree­ment, risk fac­tors, tax dis­clo­sures, prop­er­ty reports, financ­ing doc­u­ments, and oth­er offer­ing mate­ri­als before invest­ing.

4. 1031 Exchange Infor­ma­tion

The Web­site may dis­cuss Sec­tion 1031 like-kind exchanges. Sec­tion 1031 exchanges are com­plex and sub­ject to strict require­ments, includ­ing tim­ing, iden­ti­fi­ca­tion, qual­i­fied inter­me­di­ary, title, rein­vest­ment, and like-kind rules. The IRS states that, gen­er­al­ly, if a tax­pay­er makes a qual­i­fy­ing like-kind exchange of real prop­er­ty used in busi­ness or held for invest­ment, gain or loss may not be rec­og­nized at the time of the exchange. How­ev­er, tax defer­ral is not auto­mat­ic and depends on the taxpayer’s facts and com­pli­ance with applic­a­ble law.

Fidu­cia­ry Cap­i­tal Man­age­ment, LLC does not act as a qual­i­fied inter­me­di­ary, tax advis­er, attor­ney, CPA, or exchange accom­mo­da­tion title­hold­er unless specif­i­cal­ly stat­ed in a sep­a­rate writ­ten agree­ment.

You should con­sult your own qual­i­fied inter­me­di­ary, CPA, tax attor­ney, real estate coun­sel, and finan­cial advis­er before pur­su­ing a 1031 exchange or DST invest­ment.

5. Pri­vate Place­ment and Accred­it­ed Investor Lim­i­ta­tions

DST offer­ings are often struc­tured as pri­vate place­ments exempt from reg­is­tra­tion under fed­er­al and state secu­ri­ties laws. These offer­ings may be avail­able only to accred­it­ed investors or oth­er qual­i­fied investors.

Mate­ri­als on this Web­site are not intend­ed to con­sti­tute a gen­er­al solic­i­ta­tion or gen­er­al adver­tise­ment for any spe­cif­ic secu­ri­ties offer­ing unless the offer­ing is express­ly iden­ti­fied as being made under an exemp­tion that per­mits such com­mu­ni­ca­tions.

Access to spe­cif­ic invest­ment mate­ri­als may be lim­it­ed to per­sons who meet applic­a­ble investor qual­i­fi­ca­tion stan­dards and com­plete required ver­i­fi­ca­tion, suit­abil­i­ty, sub­scrip­tion, and com­pli­ance pro­ce­dures.

6. No Offer or Solic­i­ta­tion

No secu­ri­ties are offered through this Web­site. Any offer or sale of secu­ri­ties may be made only through offi­cial offer­ing doc­u­ments, includ­ing the applic­a­ble Pri­vate Place­ment Mem­o­ran­dum, sub­scrip­tion agree­ment, oper­at­ing agree­ment, trust agree­ment, investor ques­tion­naire, and relat­ed dis­clo­sures.

Infor­ma­tion on this Web­site is not com­plete and should not be relied upon as the basis for an invest­ment deci­sion. In the event of any incon­sis­ten­cy between infor­ma­tion on this Web­site and offi­cial offer­ing doc­u­ments, the offi­cial offer­ing doc­u­ments con­trol.

7. No Guar­an­tee of Income, Tax Treat­ment, or Per­for­mance

No state­ment on this Web­site should be inter­pret­ed as a guar­an­tee or assur­ance of:

• Invest­ment return;
• Income;
• Dis­tri­b­u­tion rate;
• Cash flow;
• Appre­ci­a­tion;
• Liq­uid­i­ty;
• Exit tim­ing;
• Sale price;
• Tax defer­ral;
• Eli­gi­bil­i­ty for Sec­tion 1031 treat­ment;
• Preser­va­tion of cap­i­tal;
• Diver­si­fi­ca­tion ben­e­fit;
• Reduced risk.

Past per­for­mance, pri­or dis­tri­b­u­tions, spon­sor his­to­ry, or pro­ject­ed results are not guar­an­tees of future results. Pro­jec­tions, illus­tra­tions, and hypo­thet­i­cal exam­ples are based on assump­tions that may not occur.

8. For­ward-Look­ing State­ments

This Web­site may include for­ward-look­ing state­ments, pro­jec­tions, esti­mates, opin­ions, expec­ta­tions, or assump­tions. These state­ments are inher­ent­ly uncer­tain and may be affect­ed by eco­nom­ic con­di­tions, inter­est rates, infla­tion, real estate mar­ket con­di­tions, tax law changes, ten­ant per­for­mance, financ­ing terms, spon­sor deci­sions, and oth­er risks.

Actu­al results may dif­fer mate­ri­al­ly from any pro­ject­ed or expect­ed results.

9. Third-Par­ty Infor­ma­tion and Spon­sor Mate­ri­als

The Web­site may include infor­ma­tion pro­vid­ed by third-par­ty spon­sors, real estate oper­a­tors, fund man­agers, data providers, cus­to­di­ans, qual­i­fied inter­me­di­aries, attor­neys, CPAs, or oth­er third par­ties.

We believe third-par­ty infor­ma­tion is obtained from sources con­sid­ered reli­able, but we do not guar­an­tee its accu­ra­cy, com­plete­ness, time­li­ness, or con­tin­ued avail­abil­i­ty. Third-par­ty infor­ma­tion may change with­out notice.

The inclu­sion of third-par­ty infor­ma­tion, spon­sor mate­ri­als, links, logos, or ref­er­ences does not nec­es­sar­i­ly mean that Fidu­cia­ry Cap­i­tal Man­age­ment, LLC endors­es, rec­om­mends, guar­an­tees, under­writes, or has inde­pen­dent­ly ver­i­fied the invest­ment, spon­sor, prop­er­ty, or ser­vice provider.

10. Links to Third-Par­ty Web­sites

This Web­site may con­tain links to third-par­ty web­sites. These links are pro­vid­ed for con­ve­nience only. We do not con­trol, endorse, or assume respon­si­bil­i­ty for third-par­ty web­sites, con­tent, pri­va­cy poli­cies, secu­ri­ty, or ser­vices.

You access third-par­ty web­sites at your own risk.

11. Web­site Con­tent May Change

We may update, revise, remove, or dis­con­tin­ue Web­site con­tent at any time with­out notice. We are not oblig­at­ed to update infor­ma­tion that may become out­dat­ed.

Infor­ma­tion on the Web­site may not reflect the most cur­rent legal, tax, reg­u­la­to­ry, mar­ket, or invest­ment devel­op­ments.

12. User Sub­mis­sions and Con­tact Forms

If you sub­mit infor­ma­tion through the Web­site, includ­ing through a con­tact form, investor ques­tion­naire, appoint­ment request, email link, or doc­u­ment upload, you agree that the infor­ma­tion you pro­vide is accu­rate and that you are autho­rized to pro­vide it.

Sub­mit­ting infor­ma­tion through the Web­site does not guar­an­tee that:

• You will qual­i­fy for any invest­ment;
• You will be con­tact­ed;
• You will be accept­ed as a client;
• You will receive access to offer­ing mate­ri­als;
• Any invest­ment will be avail­able;
• Any 1031 exchange dead­line will be met.

You should not sub­mit con­fi­den­tial, sen­si­tive, or time-crit­i­cal infor­ma­tion through the Web­site unless you have con­firmed that the method of com­mu­ni­ca­tion is secure and appro­pri­ate.

13. Elec­tron­ic Com­mu­ni­ca­tions

By sub­mit­ting your con­tact infor­ma­tion, you autho­rize us or our rep­re­sen­ta­tives to con­tact you by email, tele­phone, text mes­sage, video con­fer­ence, mail, or oth­er com­mu­ni­ca­tion meth­ods, sub­ject to applic­a­ble law.

You may opt out of mar­ket­ing com­mu­ni­ca­tions where required or per­mit­ted by law. Opt­ing out of mar­ket­ing com­mu­ni­ca­tions may not pre­vent us from send­ing admin­is­tra­tive, com­pli­ance, trans­ac­tion­al, or account-relat­ed com­mu­ni­ca­tions.

14. Pri­va­cy

Use of this Web­site is also sub­ject to our Pri­va­cy Pol­i­cy. The Pri­va­cy Pol­i­cy describes how infor­ma­tion may be col­lect­ed, used, stored, and shared.

Do not use the Web­site if you do not agree with our Pri­va­cy Pol­i­cy.

15. Intel­lec­tu­al Prop­er­ty

All con­tent on this Web­site, includ­ing text, graph­ics, logos, icons, images, videos, down­loads, designs, lay­out, trade­marks, ser­vice marks, and oth­er mate­ri­als, is owned by or licensed to Fidu­cia­ry Cap­i­tal Man­age­ment, LLC, its affil­i­ates, or third-par­ty con­tent providers.

You may view and print Web­site con­tent for your per­son­al, non-com­mer­cial use only. You may not copy, repro­duce, mod­i­fy, dis­trib­ute, sell, pub­lish, dis­play, trans­mit, scrape, or cre­ate deriv­a­tive works from Web­site con­tent with­out pri­or writ­ten per­mis­sion.

16. Per­mit­ted Use

You agree to use the Web­site only for law­ful pur­pos­es. You may not:

• Use the Web­site in vio­la­tion of secu­ri­ties, pri­va­cy, tax, intel­lec­tu­al prop­er­ty, or oth­er laws;
• Attempt to gain unau­tho­rized access to sys­tems or data;
• Upload virus­es, mal­ware, spy­ware, or harm­ful code;
• Inter­fere with Web­site oper­a­tion;
• Mis­rep­re­sent your iden­ti­ty or investor sta­tus;
• Use auto­mat­ed scrap­ing, har­vest­ing, or data extrac­tion tools;
• Copy con­tent for com­mer­cial use with­out per­mis­sion;
• Use the Web­site to make false, mis­lead­ing, abu­sive, or fraud­u­lent sub­mis­sions.

17. No War­ranties

The Web­site and all con­tent are pro­vid­ed “as is” and “as avail­able.” We make no war­ranties or rep­re­sen­ta­tions, express or implied, regard­ing the Web­site or its con­tent, includ­ing war­ranties of accu­ra­cy, com­plete­ness, time­li­ness, mer­chantabil­i­ty, fit­ness for a par­tic­u­lar pur­pose, title, non-infringe­ment, secu­ri­ty, or unin­ter­rupt­ed oper­a­tion.

We do not guar­an­tee that the Web­site will be error-free, secure, avail­able, or free of virus­es or harm­ful com­po­nents.

18. Lim­i­ta­tion of Lia­bil­i­ty

To the fullest extent per­mit­ted by law, Fidu­cia­ry Cap­i­tal Man­age­ment, LLC, its affil­i­ates, own­ers, offi­cers, direc­tors, employ­ees, invest­ment advis­er rep­re­sen­ta­tives, pro­mot­ers, con­sul­tants, agents, ser­vice providers, and licen­sors shall not be liable for any direct, indi­rect, inci­den­tal, con­se­quen­tial, spe­cial, puni­tive, or exem­plary dam­ages aris­ing from or relat­ed to your use of, or inabil­i­ty to use, the Web­site.

This includes, with­out lim­i­ta­tion, dam­ages relat­ed to invest­ment loss­es, tax con­se­quences, lost prof­its, lost data, busi­ness inter­rup­tion, secu­ri­ty inci­dents, errors, omis­sions, delays, or reliance on Web­site con­tent.

Some juris­dic­tions do not allow cer­tain lim­i­ta­tions of lia­bil­i­ty, so some lim­i­ta­tions may not apply to you.

19. Indem­ni­fi­ca­tion

You agree to indem­ni­fy, defend, and hold harm­less Fidu­cia­ry Cap­i­tal Man­age­ment, LLC, its affil­i­ates, own­ers, offi­cers, direc­tors, employ­ees, invest­ment advis­er rep­re­sen­ta­tives, pro­mot­ers, con­sul­tants, agents, ser­vice providers, and licen­sors from and against any claims, dam­ages, lia­bil­i­ties, costs, and expens­es, includ­ing rea­son­able attor­neys’ fees, aris­ing from:

• Your use of the Web­site;
• Your vio­la­tion of these Terms of Use;
• Your sub­mis­sion of inac­cu­rate or unau­tho­rized infor­ma­tion;
• Your vio­la­tion of law;
• Your infringe­ment of any third-par­ty rights.

20. Juris­dic­tion and Gov­ern­ing Law

These Terms of Use are gov­erned by the laws of the State of Wyoming, with­out regard to con­flict-of-law prin­ci­ples, unless anoth­er juris­dic­tion is required by applic­a­ble law.

Any dis­pute aris­ing from or relat­ed to the Web­site or these Terms of Use shall be brought in a court of com­pe­tent juris­dic­tion, unless oth­er­wise required by applic­a­ble law or a sep­a­rate writ­ten agree­ment.

21. Secu­ri­ties and Advi­so­ry Dis­clo­sures

Fidu­cia­ry Cap­i­tal Man­age­ment, LLC is an invest­ment advis­er. Reg­is­tra­tion as an invest­ment advis­er does not imply any spe­cif­ic lev­el of skill or train­ing.

Invest­ment advi­so­ry ser­vices are pro­vid­ed only pur­suant to writ­ten agree­ments. Infor­ma­tion about Fidu­cia­ry Cap­i­tal Man­age­ment, LLC, includ­ing its Form ADV and Form CRS, may be avail­able through the SEC’s Invest­ment Advis­er Pub­lic Dis­clo­sure web­site.

Any per­son asso­ci­at­ed with Fidu­cia­ry Cap­i­tal Man­age­ment, LLC may act only in the capac­i­ty for which he or she is prop­er­ly licensed, reg­is­tered, super­vised, or oth­er­wise per­mit­ted under applic­a­ble law.

22. Bro­ker-Deal­er and Cus­to­di­an Dis­clo­sure

Unless specif­i­cal­ly dis­closed in writ­ing, Fidu­cia­ry Cap­i­tal Man­age­ment, LLC is not a bro­ker-deal­er, cus­to­di­an, qual­i­fied inter­me­di­ary, real estate bro­ker, lender, title com­pa­ny, escrow agent, or tax prepa­ra­tion firm.

Cer­tain secu­ri­ties trans­ac­tions, if any, may require the involve­ment of a prop­er­ly reg­is­tered bro­ker-deal­er or oth­er licensed inter­me­di­ary. Cus­tody of client assets, if applic­a­ble, is gen­er­al­ly main­tained with qual­i­fied cus­to­di­ans or oth­er autho­rized finan­cial insti­tu­tions.

23. Tes­ti­mo­ni­als, Endorse­ments, and Third-Par­ty Com­ments

Any tes­ti­mo­ni­al, endorse­ment, rat­ing, review, or third-par­ty com­ment dis­played on the Web­site, if any, may not be rep­re­sen­ta­tive of any client’s or investor’s expe­ri­ence and is not a guar­an­tee of future per­for­mance or suc­cess.

Tes­ti­mo­ni­als and endorse­ments may involve com­pen­sa­tion, con­flicts of inter­est, or oth­er arrange­ments that will be dis­closed where required by law.

24. No Use by Unau­tho­rized Per­sons

This Web­site is intend­ed for use by per­sons locat­ed in juris­dic­tions where such use is law­ful. We make no rep­re­sen­ta­tion that Web­site con­tent is appro­pri­ate or avail­able for use in all juris­dic­tions.

You are respon­si­ble for com­ply­ing with the laws and reg­u­la­tions applic­a­ble to you.

25. Chil­dren

This Web­site is not intend­ed for chil­dren or per­sons under the age of 18. We do not know­ing­ly solic­it or col­lect per­son­al infor­ma­tion from chil­dren.

26. Changes to These Terms

We may update these Terms of Use at any time. The updat­ed ver­sion will be post­ed on this Web­site with a revised effec­tive date.

Your con­tin­ued use of the Web­site after changes are post­ed means that you accept the updat­ed Terms of Use.

27. Con­tact Infor­ma­tion

Ques­tions about these Terms of Use may be direct­ed to: support@FiduciaryCM.com

Fidu­cia­ry Cap­i­tal Man­age­ment, LLC

DST invest­ments and pri­vate real estate secu­ri­ties involve sub­stan­tial risk, includ­ing illiq­uid­i­ty, loss of prin­ci­pal, lack of diver­si­fi­ca­tion, ten­ant risk, spon­sor risk, financ­ing risk, tax risk, and no guar­an­tee of income or appre­ci­a­tion. Infor­ma­tion on this web­site is for edu­ca­tion­al pur­pos­es only and does not con­sti­tute an offer to sell, a solic­i­ta­tion to buy, or a rec­om­men­da­tion of any secu­ri­ty. Any offer­ing may be made only through offi­cial offer­ing doc­u­ments and only to qual­i­fied investors. Investors should con­sult their legal, tax, finan­cial, and real estate pro­fes­sion­als before invest­ing. Fidu­cia­ry Cap­i­tal Man­age­ment, LLC does not guar­an­tee invest­ment per­for­mance, income, liq­uid­i­ty, tax treat­ment, or preser­va­tion of cap­i­tal.

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