Important Disclosures
Last updated: November 2026
Not an offer
The information on this website is not an offer to sell, or a solicitation of an offer to buy, any security. Any offering by KMS Capital LLC or its affiliates will be made only by means of a confidential Private Placement Memorandum ("PPM"), operating or limited partnership agreement and subscription documents, which together contain material information not found here, including risk factors, fees, conflicts of interest and tax considerations.
Rule 506(c) and accredited investors
Offerings are conducted under Rule 506(c) of Regulation D under the Securities Act of 1933, as amended. Sales are made only to "accredited investors" as defined in Rule 501(a). Each purchaser's accredited status will be verified using reasonable steps before investing, which may include a written confirmation from a CPA, attorney, registered broker-dealer or registered investment adviser, or review of income or asset documentation. The securities have not been registered with the U.S. Securities and Exchange Commission or any state securities authority, and they are subject to restrictions on transferability and resale.
Risk
Investing in private real estate is speculative and involves substantial risk, including the possible loss of your entire investment. Risks include, among others, changes in interest rates and financing availability, local and national economic conditions, occupancy and rent levels, operating and capital expenses, property damage, regulatory changes, reliance on the sponsor and third-party managers, conflicts of interest, and lack of liquidity. Investors should be prepared to hold their investment for the full term and possibly longer.
Targets and projections
Target returns, including internal rate of return (IRR), cash-on-cash return, preferred return, distribution frequency, assets under management targets and hold periods, are hypothetical and are based on assumptions about future events that may not occur. They are not guarantees and are not a reliable indicator of future results. Actual results may differ materially.
Track record
Track-record figures describe the prior experience of KMS Capital's principals, including activities as licensed real estate brokers and individual investors, and do not represent the performance of any KMS Capital fund or offering. Past performance is not indicative of future results.
Pipeline and portfolio
Properties shown as targets, pipeline or acquisitions in progress may not be acquired on the terms described, or at all. Images may be illustrative and may not depict actual properties.
Tax matters
Descriptions of tax benefits, including depreciation, cost segregation, bonus depreciation, passive losses and tax-deferred distributions, are general in nature and are not tax advice. The tax consequences of an investment depend on each investor's individual circumstances and on tax laws that may change, possibly with retroactive effect. Depreciation deductions may be subject to recapture on sale. Prospective investors should consult their own tax advisors.
No advice
KMS Capital is not providing investment, legal, tax or accounting advice, and it is not acting as a fiduciary to any website visitor. Nothing on this website should be construed as a recommendation that any particular investment is suitable for you.