1st Liquidity Holdings, LLC

1st Liquidity's approach of originating fixed income, alternative real estate equity investments through secondary market transactions offers the following benefits:

· Institutional research & underwriting, due diligence and pricing

· Elimination of the traditional high up-front fees typically associated with non-traded REITs

· Tremendous portfolio diversification without stock market volatility

· Fully specified programs

· Shorter “round trip” investment cycle and faster cash flow

· Transparency through SEC registration and required 10-K and 10-Q filings

· Comprehensive long-range approach to acquisition pricing

· Self-liquidation through merger, portfolio sale or IPO vs. high exit / disposition fees

· Mature real estate programs run by best in class real estate professionals and companies in the country

· Low volatility and correlation to stock and bond markets

· Repeatable alternative to fixed income investments

ENHANCED DIVERSIFICATION

1st Liquidity provides a broad net when acquiring secondary market, non-traded REIT investments. Our network of Broker-Dealers and their Registered Representatives, Registered Investment Advisors, Wholesaler’s, REIT Sponsors, Custodians, Trust Companies, Clearing Firms and other potential sources gives us  access to:
 
An un-tapped pool of publicly registered, non-traded REIT owner investor/prospects 

1st Liquidity's institutional real estate investment fund and family office / high net worth (accredited) fund will aggregate many types of non-traded REIT investment securities.  As a result, each portfolio will be broadly diversified by property type, geographic location, general  partner/sponsors, investment/holding term and ownership structure.
 
FULLY SPECIFIED PROGRAMS

Traditional private real estate investing often requires committing to newly formed commingled funds where the General Partner/Sponsor has not yet identified  properties for investment and capital is incrementally funded over a two to four year investment period.  Secondary funds are able to bypass the initial period of investment selection by deploying capital in seasoned non-traded REITS that already own properties, have quantifiable cash flow and have established operating histories.  Whereas many traditional private real estate investments are evaluated based solely on the reputation and prior performance history of the General Partner/Sponsor, the evaluation of a secondary market investment can be more extensive because such investments involve identified portfolios of properties that can be thoroughly researched and  analyzed.

SHORTER CYCLE/FASTER CASH FLOW

1st Liquidity targets secondary market acquisitions of non-traded REITs that typically have four to six years of prior operating history.  Such investments generally experience faster cash flows than traditional private real estate investments. This stems from the fact that the investments are made at a time when the non-traded REIT’s underlying properties are positioned to generate operating income, and when the general partner/sponsor is close to commencing asset sales to return capital to investors.  As a result, secondary market real estate investments should provide a shorter cycling of investment dollars than new offerings of traditional private real estate.  

EXTENSIVE DUE DILIGENCE

The 1st Liquidity management team of experienced research, under-writing, due diligence and acquisition professionals bring a high level of experience and analysis to both the non-traded REIT level and the property level.   It’s that experience that we turn to when determining whether to acquire a secondary stock interest or not.

REIT Level Analysis - involves evaluating the potential of a non-traded REIT security based on several criteria including the types of underlying properties, general market trends, and the performance record of the general partner/sponsor in comparison to similar interests understood by First Liquidity's prior real estate experience.  In some cases, 1st Liquidity's investors will have the opportunity to purchase additional interests of a non-traded REIT in which it may already own a position. 

Property Level Analysis - involves examining the underlying properties owned by non-traded REITs in order to create a minimum 5 and 5 discounted cash flow model.  Because the properties already have an operating history, 1st Liquidity's proprietary research and valuation modeling/analysis allows us to underwrite past, current and future performance and compare those projections to the general partner/sponsor’s forecasts and existing REIT capitalization.  In addition, 1st Liquidity's underwriting process includes a thorough review of legal ownership structure and financial (debt maturity) terms and conditions for each interest and will involve onsite visits to inspect specific properties (as necessary).

There is no assurance that 1st Liquidity will achieve its goal of geographic and securities diversity. Dividends or distributions are subject to when/if declared by our Board of Directors. There is no guarantee that dividends will be paid. None of the properties pictured are currently owned by 1st Liquidity Holdings, LLC nor any affiliate, subsidiary or investment program sponsored by 1st Liquidity Holdings, LLC nor does 1st Liquidity Holdings, LLC intend to own these properties - the photographs of these properties are intended for illustration purposes only.

Neither the Securities and Exchange Commission nor any state securities regulator has passed on or endorsed the merits of this offering. Any representation to the contrary is a criminal offense.

THIS IS NEITHER AN OFFER TO SELL NOR A SOLICITATION OF AN OFFER TO BUY THE SECURITIES DESCRIBED HEREIN. AN OFFERING  IS MADE ONLY BY OUR PROSPECTUS.  THIS SALES AND ADVERTISING LITERATURE MUST BE READ IN CONJUNCTION WITH THE PROSPECTUS IN ORDER TO UNDERSTAND FULLY ALL OF THE IMPLICATIONS AND RISKS OF THE OFFERING OF SECURITIES TO WHICH  IT RELATES. A COPY OF THE CURRENT PROSPECTUS MUST BE MADE AVAILABLE TO YOU IN CONNECTION WITH THE OFFERING.

For further information about our investment strategy, investment fund parameters, management team, offering memorandum and subscription documents please contact:

Thomas Powers,
President of 1st Liquidity Holdings, LLC - Cohasset, MA - 02025 - www.1stLiquidityHoldings.com

Phone - 781-923-1492 -  or email  Thom@1stLiquidityHoldings.com