ABOVE MARKET RETURNS

Unlike a REIT or other heavily regulated investment vehicle, Envision uses company and transaction structures that eliminate wasteful expenditures such as office, administrative and general overhead costs, and employee salaries, and minimizes regulatory and operational costs. Envision also employs a variety of creative debt and equity financing techniques to obtain higher leverage resulting in above-market returns for investors, without the additional risk. These structures may include, for example:

• Personal guarantees from the sponsor
• Preferred equity
• Non-recourse mezzanine financing
• Security deposits, escrows and/or reserves

These alternative structures result in enhanced returns and an accelerated return of capital to investors, and therefore, a reduced level of risk and a superior investment.