It is finally here. Distress has hit the real estate market not just for office properties, but for numerous asset classes with variable rate debt. Thankfully for Altus, most of our properties have considerable debt life remaining. But for many other operators, things are getting ugly. We have been anticipating this would occur, which is why the past several months we have been working on putting together the Altus Opportunity Fund and the Non-Performing Notes Fund. The legal paperwork for both Funds are in final review with our attorneys, and the private placement memorandums are within days of being able to be sent out to prospective investors. Click here for details on the Altus Opportunity Fund Click here for details on the Non-Performing Notes Fund Having been through the pain of 2008, we certainly feel for those that are experiencing losses due to the inability to refinance their properties. We consciously chose to put long-term debt on all our properties, rather than chase yields with short term notes. This has put us in a fortunate position to help some owners that are in distress, and we are really excited about the upside of the opportunities in front of us and our investors. If you haven’t touched base with us already, and you are interested in learning more about the our new funds, please click on the links above and/or reach out to Chad Richards (crichards@altusequity.com) for further details. We hope you all have a wonderful Thanksgiving surrounded by family and friends! Happy Investing, The Altus Investment Team This message is not an offer or solicitation of an offer to buy or sell any securities. Offers are made only by prospectus or other offering materials. The information contained herein has been obtained from a variety of sources which are believed to be reliable, but have not been independently verified, and may be subject to change without notice. To obtain further information, you must complete our investor questionnaire and meet the suitability standards required by law.