Legal

Disclosures & Disclaimers

Last updated: July 2026

The following disclosures apply to this website and all materials furnished by KonAspen Properties LLC (“KonAspen”), including the confidential deal room for 3215 West 83rd Street. Please read them carefully.

No Offer or Solicitation

This website and its contents are provided for informational purposes only and do not constitute an offer to sell, or a solicitation of an offer to buy, any security, nor shall there be any sale of securities in any jurisdiction in which such offer, solicitation, or sale would be unlawful. Any offer or sale will be made solely to qualified, accredited investors and only by means of definitive offering documents (including a private placement memorandum, note, and subscription agreement), which will supersede the information on this website in its entirety.

Private Placement; Accredited Investors Only

Any securities described herein have not been and will not be registered under the Securities Act of 1933, as amended, or under any state securities laws, and are offered in reliance on exemptions from registration. Any investment is intended only for “accredited investors” as defined under Regulation D. Prospective investors may be required to represent that they meet applicable suitability standards.

Forward-Looking Statements & Estimates

Statements regarding projected renovation costs, after-repair value (ARV), sale prices, investor yields, returns, timelines, and similar matters are forward-looking, are based on assumptions that may prove incorrect, and are inherently uncertain. Illustrative figures (including any estimated yields, the 10% floor, and profit-participation calculations) are hypothetical, depend on assumptions stated on the site, and are not a promise or guarantee of any outcome. Actual results may differ materially.

Risk of Loss

  • All investments involve risk, including the possible loss of some or all principal.
  • Real estate investments are subject to market, valuation, construction cost, timing, financing, interest-rate, and liquidity risks.
  • This is an illiquid investment with no public market; an investor may be unable to sell or transfer the interest.
  • A second-lien position is subordinate to the senior mortgage and may be extinguished in a foreclosure of the senior lien.
  • Renovation and repositioning projects may experience cost overruns, delays, or fail to achieve the anticipated value.

No Investment, Legal, or Tax Advice

Nothing on this website constitutes investment, legal, accounting, or tax advice. KonAspen is not acting as your fiduciary or advisor. Prospective investors should consult their own legal, tax, and financial advisors before making any investment decision and should rely only on the definitive offering documents.

Past Performance

Any track record, prior transactions, or historical returns presented reflect past results of the sponsor and its principals. Past performance is not indicative of, and provides no guarantee of, future results. The sponsor's prior projects may differ materially from the project described here.

Third-Party Information

Comparable sales, valuation estimates, maps, school information, demographic data, and similar content are derived from sources believed to be reliable but are not guaranteed as to accuracy or completeness. School attendance boundaries, in particular, are address-specific and subject to change; prospective buyers and investors should independently verify all such information.

Not Insured

Any investment is not a bank deposit and is not insured or guaranteed by the FDIC or any other government agency or by any bank or credit union, including CommunityAmerica Credit Union, which is referenced only as the anticipated senior lender and is not affiliated with, and does not endorse, this offering.

Confidentiality

The deal room and all materials accessed through it are confidential and are provided subject to the Terms of Use. They may not be reproduced or distributed, in whole or in part, without KonAspen's prior written consent.