NewPoint Real Estate Investment Management LLC (herein referred to as “NREIM” or “Investment Manager” or “the Firm”) is an SEC-registered investment adviser with its principal place of business located in New York. NREIM and NewPoint Real Estate Capital LLC (herein, “NewPoint”) are indirectly majority owned by Meridian Capital Group, LLC, a Delaware limited liability company and Barings LLC, a Delaware limited liability company. Advisory Services. The Firm provides discretionary investment advice to privately offered pooled investment vehicles (each, a “Fund” or “Client”), as described below. NewPoint + More Capital Affordable Fund LLC (“More Capital”) is a joint venture between NewPoint Affordable Lending LLC (“NewPoint Affordable”), which serves as the Managing Member and Morgan Properties NPJV Investor LLC (“Morgan Properties”). More Capital will have a subsidiary, NewPoint Impact Fund I LP, a Delaware Limited Partnership (the “Impact Fund”). The Impact Fund’s general partner (the “Impact General Partner”) will be a subsidiary of More Capital. NewPoint PRED SFR Fund I LP, a Delaware limited partnership (the "SFR Fund”), is a pooled investment vehicle that invests primarily in single-family build-to-rent property loans (each a "BTR Loans”), single-family rental property loans (“SFR Loans”) and BTR Loans and SFR Loan related securities. The SFR Fund’s general partner is NewPoint SFR GP I LLC, a Delaware limited liability company (the “SFR General Partner” and, together with the Impact General Partner, the “General Partner”). The SFR Fund currently has one institutional investor, but expects to open the SFR Fund to additional investors in the future. NREIM has been delegated the role of advisor over the Impact Fund and the SFR Fund.

Currently, NREIM’s only clients are the Impact Fund and the SFR Fund. Each of the Funds will be managed pursuant to an Investment Management Agreement (the “IMA”). Prospective investors should be aware that there may be occasions where the General Partner, NREIM, their respective affiliates and the partners, members, shareholders, principals, officers, directors and employees thereof (collectively, the “NewPoint Parties”) may encounter potential conflicts of interest in connection with Funds’ activities. This Firm Brochure aims to disclose some of those conflicts of interest. The NewPoint Parties perform services for other parties similar to the services to be performed with respect to Funds. In particular, NREIM or affiliates may sponsor, manage and advise other investment funds, investment vehicles or investment accounts, which may include co-investment vehicles (collectively, “Other Accounts”). By acquiring an Interest1 in a Fund and executing the applicable Subscription Agreement, each Limited Partner will be deemed to have (a) acknowledged and represented that it has carefully reviewed the applicable Fund’s Memorandum, the Partnership Agreement and the Subscription Agreement (together the “Offering Documents”), and (b) understands and consents to the 1 “Interest” means an interest in the Partnership of the Fund. existence of actual and potential conflicts of interest, including those described herein. Additional information on conflicts can be found in the Offering Documents for each Fund. Assets Under Management. As of May 22, 2023, NREIM has $203,551,562 of assets under management. Currently, all assets are managed on a discretionary basis.