Important disclosures

01 Informational purposes only

This website is published by Prevail Alternative Assets, LLC (“Prevail Alternative Assets,” “we,” “us,” or “our”). Its content is provided for general informational purposes only and does not constitute investment, legal, accounting, or tax advice, or a recommendation to buy, sell, or hold any security or to pursue any investment strategy. Nothing on this website is an offer to sell, or a solicitation of an offer to buy, any security in any jurisdiction where such an offer or solicitation would be unlawful.

Where an asterisk (*) appears beside a statement, hover over it, focus it with the keyboard, or tap it to read the disclosure that applies. Each is a summary of the section of this page it links to; where they differ, this page controls, and where this page differs from the offering documents, the offering documents control.

02 Private placements under Rule 506(b)

Interests in investments sponsored by Prevail Alternative Assets are offered only in private placements exempt from registration under Rule 506(b) of Regulation D under the Securities Act of 1933. Prevail does not offer securities through general solicitation or general advertising: offerings are made only to investors with whom Prevail has a pre-existing, substantive relationship, and nothing on this website is an offer of, or a solicitation for, any particular investment. Any offer of securities is made solely through definitive offering documents, which may include a private placement memorandum, an operating or limited partnership agreement, and subscription documents. Those documents contain the complete terms of an investment, including its objectives, fees, expenses, conflicts of interest, and risk factors. If anything on this website conflicts with the offering documents, the offering documents control.

Securities offered in private placements have not been registered under the Securities Act of 1933 or the securities laws of any state, and have not been approved or disapproved by the Securities and Exchange Commission or any state securities regulator, none of which has passed on the merits of any offering or the accuracy or adequacy of any offering document.

03 Investor eligibility, the intro call, and the deal room

Prevail’s offerings are generally limited to accredited investors, as defined in Rule 501(a) of Regulation D, and each investor’s eligibility is confirmed through the offering process before any investment. The eligibility questions on this website are self-reported, preliminary, and for general information only. They do not confirm your status, do not constitute an offer, and do not create any right or obligation to invest.

Answering the questions, requesting an introductory call, or speaking with us does not entitle you to see, or to invest in, any offering. A call is an opportunity for us to get to know you and for you to learn about Prevail; it is not investment advice. Access to the deal room is by invitation and at Prevail’s discretion, and materials in it are confidential, are provided only to eligible investors, and are subject to the terms on which they are provided. The investor portal is for existing investors and carries their statements, tax documents, and distributions.

04 Risk of loss and illiquidity

Investing in private real estate is speculative and involves a high degree of risk, including the risk of losing some or all of the amount invested. These interests are illiquid: there is no public market for them, none is expected to develop, and transfer is substantially restricted. You should be prepared to hold an investment for its full term and to bear the economic risk of the investment indefinitely. Only investors who can afford to lose their entire investment should consider a private placement.

05 Real estate risk factors

The following are among the risks that can affect private real estate investments. The list is not complete; the offering documents for any investment describe its specific risks, and you should read them in full.

• Leverage and financing. Debt magnifies losses as well as gains. Interest-rate increases, covenant defaults, and difficulty refinancing at maturity can reduce or eliminate an investor’s return.
• Market and economic conditions. Rents, occupancy, property values, and capital-market conditions change, and can fall, with local and national economic conditions.
• Property-type risks. Multifamily, medical, industrial, hospitality and extended-stay, and senior-living properties each carry risks of their own, including tenant and operator performance, demand cycles, brand and franchise requirements, staffing, and regulation.
• Development, construction, and renovation. Projects can cost more and take longer than planned, and may not lease up or stabilize as expected. Timelines, milestones, and completion dates are estimates.
• Reliance on third parties. Results depend on operators, property managers, development partners, lenders, and others whom investors do not control and whose performance can fall short.
• Lack of control; concentration. Investors are generally passive, have no right to manage the property or the sponsor, and may have a concentrated exposure to a single asset or market.
• Fees, expenses, and conflicts. Fees and expenses reduce returns, and the sponsor and its affiliates may face conflicts of interest, as described in the offering documents.
• Uninsured losses, environmental, legal, and tax change. Casualty, environmental conditions, litigation, and changes in law or tax treatment can cause losses that are not insured or recoverable.
• Distributions. Distributions are not guaranteed, may be reduced or suspended, and may in some circumstances be paid from sources other than property operating cash flow.

06 No guarantees; forward-looking statements

Statements on this website about strategy, markets, targets, or expected outcomes are forward-looking. They are based on current expectations and assumptions that are subject to change, and actual results may differ materially. No target, projection, distribution, or other outcome is promised or guaranteed. We undertake no obligation to update forward-looking statements.

07 Track-record figures and past performance

Any information about prior or closed transactions is historical and is provided for illustration only. Past performance is not indicative of, and does not guarantee, future results. Closed transactions described on this website are not currently offered for investment and are shown to illustrate the type of work we have done.

The figures shown under “Track record” (the number of transactions completed, the share of underwritten deals funded, transaction value, equity deployed, and distributions to date) are provided by Prevail, are historical aggregates, and have not been independently verified or audited by a third party. They are not investment returns and are not a rate of return for any investor or investment. Transaction value reflects the size of the transactions and may include debt and third-party capital; it is not the amount that Prevail or its investors invested. The selectivity figure describes Prevail’s process and is not a measure of the quality or expected performance of any investment. Distributions are an aggregate figure and do not reflect any individual investor’s fees, expenses, or taxes; they are not guaranteed to continue. Figures may be updated, restated, or removed without notice, and recordings or articles may state different figures as of an earlier date.

08 Closed transactions, property information, and images

The map, the property cards, and the closed-transaction strip show closed transactions only. They are a presentation of the type of work Prevail has done, may not represent every Prevail transaction or be representative of any future one, and include no purchase price, financing terms, or return figures. Pins mark a city or area, not a property address.

Property descriptions, photographs, and renderings are illustrative and may not depict a property as it currently exists. Third-party names, brands, logos, and marks (for example, hotel brands, tenants, developers, and operators) are the property of their respective owners. Their mention identifies a property or a counterparty and does not imply any sponsorship, endorsement, or affiliation.

09 Tax information

Any discussion of tax treatment, including depreciation, pass-through treatment of income and losses, or the taxation, deferral, or transfer of gains, is general in nature and is not tax advice. Tax consequences depend on each investor’s circumstances; benefits may be limited, deferred, or recaptured; and tax law and guidance may change, possibly with retroactive effect. Prevail and its representatives do not provide tax or legal advice. You should consult your own CPA, tax professional, and attorney before making any investment decision.

10 Team, credentials, and prior experience

Biographies describe each person’s background and are not a recommendation of any investment. References to assets under advisement describe the assets of clients of a wealth-management business that Prevail’s leadership previously founded and grew; the figure is not a regulatory measure, is not the assets under management of Prevail Alternative Assets, and has no bearing on the performance of any Prevail real estate investment. Prior experience and prior results are not indicative of future results.

Professional designations shown (for example AIF®, CIWP®, and CLU®) are issued by third-party organizations and remain the property of their owners. A designation does not guarantee, and is not a measure of, investment performance or skill. Registration of an investment adviser with the Securities and Exchange Commission or any state does not imply a certain level of skill or training.

11 Videos, articles, and press

Videos. Each recording reflects the speakers’ views on the date shown and may be out of date; figures or statements in a recording may differ from this website and speak only as of the recording. Descriptions of Prevail’s process describe its approach and do not guarantee any outcome. Project updates describe work in progress, and timelines, milestones, and completion are estimates that may change. Videos are hosted on YouTube, on a channel operated by an affiliated Prevail company; the descriptions and other text around a video on YouTube are not part of this website. Nothing in a video is an offer, a solicitation, or investment advice.

Articles. Articles are general educational commentary, not investment, legal, or tax advice, and not an offer or a solicitation. Diversification does not ensure a profit or protect against loss. Statements about markets and property types are opinions as of the date shown and may change.

Press coverage. Coverage shown on this website is independent third-party reporting of closed transactions. It is not a testimonial or an endorsement, and the publications are independent of Prevail. Articles may contain statements, figures, or projections that Prevail has not verified and does not adopt, and they speak only as of their publication date.

12 Third-party information and links

Certain information on this website may be obtained from third-party sources believed to be reliable. We have not independently verified that information and do not represent or warrant that it is accurate, complete, or current. Links to third-party websites (including our investor portal and any intake forms) are provided for convenience; we are not responsible for their content or practices.

13 Affiliations, conflicts of interest, and advisory services

Prevail Alternative Assets, LLC is the private real estate arm of the Prevail family of companies, which also includes an affiliated wealth-management practice. This website concerns real estate investments sponsored by Prevail Alternative Assets and its related entities. It does not describe, and is not an offer of, advisory services. Advisory services, where offered, are provided separately by the registered investment adviser and not through this website.

Prevail Alternative Assets, its related entities, and their principals and personnel may have financial interests in the offerings and in the properties described on this website, and may receive fees or other compensation in connection with them. Those interests, and the resulting conflicts of interest, are described in the offering documents. Consult your own advisers, and read the offering documents, before investing.

14 Website data and jurisdictions

This website collects and processes information from visitors, including through cookies and similar technologies and through forms you submit. See our Privacy Policy for what we collect, why, and the choices you have. This website is directed to persons in the United States. It is not directed to, and is not an offer to, any person in any jurisdiction where such an offer would be unlawful.

15 Changes to these disclosures

We may update these disclosures from time to time. The effective date above shows when they were last revised. Your continued use of this website after a change means you have read the revised disclosures.

16 Questions

For questions about these disclosures, contact Prevail Alternative Assets, LLC, 4745 W 136th St, Leawood, Kansas 66224, or call (913) 295-9500. See also our Privacy Policy and Terms of Use.