Investment Snapshot: Capital Ask: $6M Preferred Equity (10–12% return, senior to sponsor equity or a fixed return) $3M land buyout from bank. Appraised for $5.5 million as is. $3M horizontal development (roads, utilities, pads) Appraised Value: ~$12M post-horizontal (3rd party bank appraisal attached) Completion Value: ~$37M at full build-out Sponsor Equity: ~$3M already invested (land, drainage, water systems, carrying costs) Exit: Refinance, pad/shell sales, or bulk sale Highlights: Strong Equity Cushion – $12M appraisal vs. $6M raise De-Risked – Drainage & water systems complete; all work bonded Revenue Model – Pad buyers fund shells in stages ? predictable inflows Market Demand – 14 planned buildings; 3 already under contract with medical/professional users Track Record – 250,000+ sq. ft. delivered in Katy/Sealy; established city & banking ties, Local Resident and Investor