CONFIDENTIALITY NOTICE and DISCLAIMER:

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the person or entity to which it is addressed and may contain confidential and/or privileged
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not the intended recipient, please contact the sender by reply email and destroy all copies
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communications through this medium, please so advise the sender immediately. Nothing
in this communication should be interpreted as a digital or electronic signature that can
be used to authenticate a contract or other legal document. The recipients are advised
that the sender and ACRE Investment Real Estate are not qualified to provide, and have
not been contracted to provide, legal, financial, or tax advice, and that any such advice
regarding any investment by the recipients must be obtained from the recipients’ attorney,
accountant, or tax professional.