EB-5 PROJECTS PORTFOLIO

Transcription

1 2014 EB-5 PROJECTS PORTFOLIO ASSISTED LIVING & MEMORY CARE FACILITIES CHICAGOLAND FOREIGN INVESTMENT GROUP, LLC. A U.S. GOVERNMENT DESIGNATED REGIONAL CENTER \

2 Regional Center Overview 1. Chicagoland Foreign Investment Group, LLC (CFIG) Chicagoland Foreign Investment Group, LLC ( CFIG ) is a U.S. government designated EB- 5 Regional Center. It is part of the United States Citizenship and Immigration Services ( USCIS ) Immigrant Investor Program, commonly referred to as the EB-5 Regional Center Program. The first in Illinois and the greater Chicagoland area to be chosen for this designation, CFIG has been involved with the successful promotion of economic growth, improved regional productivity, job creation and increased domestic capital investment since As a proud participant in the USCIS Regional Center Program, CFIG offers foreign nationals the opportunity to become lawful, permanent residents through investment in strategic, U.S.-based economic development projects. CFIG combines a devotion to ethics and integrity, an expert knowledge in immigration and investments, and one-on-one personal service with its foreign national clients. Some of the measurable results of this unique and successful business model include: USCIS granted CFIG permission to extend its Regional Center designation area to include the entire States of Illinois, Wisconsin, Indiana, Michigan, and Minnesota A strategic cooperative agreement with American Enterprise Pioneers, Inc. 3-year sales growth of 2,518% earns CFIG the distinction of being named to Inc. Magazine s 32 nd Annual List of America s Fastest-Growing Private Companies 2. American Enterprise Pioneers (AEP) With a primary focus on healthcare projects, particularly, assisted living facilities and memory care centers, American Enterprise Pioneers, Inc. ( AEP ) develops winning investment strategies and provides the horsepower required to produce clear, measurable and recognizable results. Part of its strength and competitive difference comes from its team of private business consultants and immigration specialists who possess both domestic and international experience. AEP has submitted the application proposal for Regional Center designation to USCIS and is currently awaiting approval for geographic scope that includes the entire state of Florida. 2

3 Millions of People 1. Assisted Living and Memory Care Facilities Projects Overview The senior housing sector is emerging as an increasingly attractive lodging opportunity. According to U.S. Census Bureau, the senior population, defined as persons age 65+, is growing at twice the national average, with many baby boomers entering retirement. Future projections showed that between 2012 and 2050, the United States will experience considerable growth in its older population. In 2050, the population of persons 65+ is projected to be more than 83 million, almost double its estimated population of 43 million in Strong Population Growth Population Age 65 and over Population Age 85 and over *Source: U.S. Census Bureau, 2012 National Projections As life expectancy rates continue to rise in the United States, along with increases in Alzheimer s and related dementia diagnoses, so does the demand for continuous care and care facilities throughout the United States. An assisted living and memory care center provides specialized care and programming for individuals with Alzheimer s or a related dementia disease. Assisted Living Facilities ( ALFs ) 3

4 are a cost-efficient alternative to in home care because they primarily provide nonmedically intensive support activities. An establishment that specializes in the care of residents with Alzheimer s or other forms of dementia is referred to as a memory care facility. These memory care facilities can be freestanding or can be wings or floors within a traditional assisted living facility. These communities bridge the gap between independent living and nursing homes. Some of their features include: assistance with the everyday activities, security and supervision, community activities and services including prepared meals, health services. According to the National Survey of Residential Care Facilities, there are over 31,000 assisted living communities nationwide serving almost one million seniors. The number of residents living in a facility can range from a few to up to 300, with the most common size ranging from individuals. The units and common areas are designed to accommodate a high level of support, while still retaining the characteristics of residential apartments. More than half of all residents are age 85+, and nearly 40 percent of residents require assistance with three or more activities of daily living. The median stay in assisted living is 22 months, and an overwhelming majority of residents are female. 4

5 2. CFIG, AEP, and Assisted Living and Memory Care Facilities Designed to engage life, created to delight residents, families and staff, CFIG has built a new concept in senior living that emphasizes living and takes it to a new level. Engagement, meaning, wonder and purpose these are the guiding elements that make CFIG different. CFIG s mission is to create interactive communities for seniors needing assisted living care services and memory care services. CFIG communities encourage and promote engagement on a personal level. CFIG s goal is to help people start a new chapter in life. CFIG communities will ignite the curious nature of every resident through an interactive programming curriculum, engaging staff, interesting neighbors, comfortable and well-designed spaces, both in every apartment and all the shared common spaces filled with living greenery. A full array of offerings includes thoughtful meals, laundry, housekeeping, transportation, social educational and cultural curricula, and a menu of health care services delivered in the privacy of each resident s apartment. CFIG is proud to announce its new communities under development in the Chicagoland area including Aurora, Elgin, and Wood Dale. In addition to the communities in the Midwest, AEP is currently developing five communities in Florida with plans to grow 20 more communities in the southeast region of the United States. 5

6 Assisted Living Facilities 1. Overview Assisted Living Facilities ( ALFs ) are multi-family properties with personalized support services for seniors. Typically, ALFs cater to individuals who need assistance with daily activities, but do not require nursing home care. The units and common areas are designed to accommodate a higher level of support, while retaining the characteristics of residential apartments. ALFs are a cost-efficient alternative to in-home-care because they primarily provide non-medically intensive support activities. Assisted living as it exists today emerged in the 1990s as an eldercare alternative on the continuum of care for people, for whom independent living is not appropriate but who do not need the 24-hour medical care provided by a nursing home and are too young to live in a retirement home. Assisted living is a philosophy of care and services promoting independence and dignity. 2. Senior Living Sector The senior housing sector is emerging as an increasingly appealing lodging opportunity. The senior population, defined as persons age 65 and older, is growing at twice the national average, with many baby boomers entering retirement. Consequently, the senior housing market is expected to transition from a niche market to a major specialized market, with the long-term outlook for this property sector becoming increasingly positive. The assisted living and memory care market is an attractive market with an expected compound annual growth rate of 2% between 2015 and 2020 compared to the skilled nursing market of 1.6% in the same period. More and more seniors are looking for these housing options, as they want to be part of a growing community that carries out meaningful and fun activities on a daily basis. 3. Demographics of Elder Care Market According to the U.S. Census Bureau, the number of individuals in the US between the ages of 65 and 84 will increase by 38.8 percent between 2010 and 2020, while the population 6

7 over age 85 will increase by 18.7 percent. This aging of the population will create a large area of unmet demand in the following decade for ALFs. There are currently large discrepancies in the demographic makeup of retirement communities. As of 2006, retirement communities were 69% female and only 31% male. The typical resident for an ALF is an 85 year old female. Individuals over 85 years old make up the largest percentage of residents at ALFs. The highest concentration of ALFs is in the Southeast portion of the U.S., which houses 23% of all ALFs in the nation. The trend of retirees moving to the Sunbelt region of the U.S. is expected to spur further growth for this industry in this region. 4. Senior Living Market Statistics Over the past few years the senior living market hasn t experienced significant changes. According to the Census Bureau, in 2007 continuing care retirement communities brought in 58% of the revenue for this industry while homes for the elderly brought in 42%. During 2008, occupancy rates for assisted living facilities fell 2%, largely as a result of seniors delaying their move into retirement communities. Due to this decrease, in 2008 and 2009 the industry growth rate slowed to about 1% with the expectations to bounce back and maintain an annual growth rate of 4.2% in Industry percentage growth rate Industry Percentage growth rate Source: Retirement Communities in the US: May IBISWorld. Santa Monica: CA. University of Texas at San Antonio, John Peace Library. San Antonio, TX. 02 Jul

8 According to the National Investment Center for Senior Housing & Care Industry ( NIC ), in 2011 the senior living market had the best performance since its peak year of , with more than $25 billion worth of transactions closed. Furthermore, the IBIS World s market research showed, that from the industry value added, a measure of the industry s contribution to overall US economy will grow 6.5% on the average per year. Over the same period, the average annual growth in US GDP is projected to be 2.7%. 5. Long-Term Care Services According to these facts and projections, the need for professional assistance increases progressively with aging. As of 2012 in the United States, there were an estimated 4,800 adult day services centers, 12,200 home health agencies, 3,700 hospices, 15,700 nursing homes, and 22,200 residential care communities. Of these approximately 58,500 regulated, long-term care services providers, about two-thirds provided care in residential settings (26.8% were nursing homes and 37.9% were residential care communities), and about onethird provided care in home- and community-based settings (8.2% were adult day services centers, 20.9% were home health agencies, and 6.3% were hospices). Individuals may receive long-term care services in a variety of settings: in the home from a home health agency or from family and friends, in the community from an adult day services center, in residential settings from assisted living communities, or in institutions 8

9 from nursing homes. Long-term care services provided by paid, regulated providers are a significant component of personal health care spending in the United States (O Shaughnessy C. The basics: National spending for long-term services and supports (LTSS), Washington, DC: The George Washington University National Health Policy Forum. 2013). Estimates of expenditures for long-term care services vary, depending on what types of providers, populations, and services are included. The number of people using nursing facilities, alternative residential care places, or home care services is projected to increase from 15 million in 2000 to 27 million in Most of this increase will be due to growth in the older adult population who need such services (The future supply of long-term care workers in relation to the aging baby boom generation: Report to Congress. Washington, DC: HHS. 2003). Although people of all ages may need long-term care services, the risk of needing these services increases with age. Recent projections estimate that over two-thirds of individuals who reach age 65 will need long-term care services during their lifetime (Kemper P, Komisar HL, Alecxih L. Long-term care over an uncertain future: what can current retirees expect? Inquiry 42(4): ). Percent needing long term care 66% 35% Who will need long term care after age 65 Who believe they will need long term care Source: Genworth Our Family, Our Future: The Heart of Long Term Care Planning November This oldest population tends to have the highest disability rate and need for long-term care services, and they also are more likely to be widowed and without assistance with ADLs 9

10 (Feder J, Komisar HL. The importance of federal financing to the nation s long-term care safety net. Washington, DC: Georgetown University. 2012). Decreasing family size and increasing employment rates among women may reduce the traditional pool of family caregivers, further stimulating demand for paid long-term care services. Among persons who need long-term care services, adults aged 65 and over are more likely than younger adults to receive paid help (Kaye HS, Harrington C, LaPlante MP. Long-term care: who gets it, who provides it, who pays, and how much? Health Aff (Millwood) 29(1): ). Recent studies project that the number of older adults using paid, long-term care services will grow substantially (Johnson RW, Toohey D, Wiener JM. Meeting the long-term care needs of the baby boomers: How changing families will affect paid helpers and institutions. Washington, DC: Urban Institute. 2007). 6. Geographic Distribution The supply of providers in the five long-term care services sectors varied in their geographic distribution. The largest share of adult day services centers (32.4%), home health agencies (48.3%), hospices (42.4%), and nursing homes (34.5%) was in the southern region of the United States, while the largest share of residential care communities (36.4%) was in the western region of the United States. Percent distribution of long-term care services providers, by provider type and region: United States, Northeast Midwest South West Adult day service center (4,800) Home health agency (12,200) Hospice (3,700) Nursing home (15,700) Residental care community (22,200) NOTE: Percentages are based on the unrounded numbers Source: SDC/NCHS, National Study of Long-Term Care Providers 10

11 7. Cost of Care Over the past 11 years, researchers and industry experts have been able to recognize and identify trends across the long-term care services landscape. Overall, while the cost of care among all care providers has steadily increased, the cost of facility-based providers has grown at a much greater rate than that for home care. As the American population ages and requires these services, it is vital to be aware of the associated costs in order to build a better long-term care plan. Consumers have more choices than ever before. On any given day in 2012, there were 273,200 participants enrolled in adult day services centers, 1,383,700 residents in nursing homes, and 713,300 residents living in residential care communities. In 2011, about 4,742,500 patients received services from home health agencies, and 1,244,500 patients received services from hospices. Overall, these five long-term care services provider sectors served about 8,357,100 people annually. Long-term care can be provided in a variety of settings. A licensed health care practitioner such as a physician, registered nurse or social worker will determine a plan of care that could include the following: 11

12 Community Adult Day Health Care (ADC): This service provides social and related support services in a community based, protective setting during any part of the day, but less than 24-hour care. ADC centers can offer a much-needed break to caregivers. There are a variety of models that intend to offer socialization, supervision and structured activities designed for individual needs. Some programs also provide personal care, transportation, medication management, social services, meals, personal assistance and therapeutic activities. National Median Daily Rate $65 Increase Over % Five-Year Annual Growth 3.40% Assisted Living Facility (ALF): These facilities are living arrangements that provide personal care and health services for people who may need assistance with Activities of Daily Living (ADLs). The level of care provided is not as extensive as that which may be provided in a nursing home. Assisted living is not an alternative to a nursing home, but an intermediate level of long term care. National Median Monthly Rate $3,500 Increase Over % Five-Year Annual Growth 4.29% Facility Nursing Home Care: These facilities provide a higher level of supervision and care than Assisted Living Facilities. They offer residents personal care assistance, room and board, supervision, medication, therapies and rehabilitation, and skilled nursing care 24 hours a day. National Median Daily Rate $212 National Median Daily Rate $240 Semi-Private Room Increase Over % Private Room Increase Over % Five-Year Annual Growth 3.91% Five-Year Annual Growth 4.19% *Percentage increase represents the compound annual growth rate for surveys conducted from 2009 to

13 8. National and State Data RATE RANGE USA MINIMUM MEDIAN MAXIMUM MEDIAN ANNUAL RATE FIVE-YEAR ANNUAL GROWTH Homemaker Services $8 $19 $39 $43,472 1% HOME Hourly Rates Home Health Aide Services $9 $20 $39 $45,188 1% Hourly Rates COMMUNITY Adult Day Health Care Daily Rates $12 $65 $215 $19,900 3% Assisted Living Facility (One Bedroom - Single Occupancy) Monthly Rates $750 $3,500 $10,412 $42,000 4% FACILITY Nursing Homes (Semi - Private Room) Daily Rates $94 $212 $800 $77,380 4% Nursing Homes (Private Room) Daily rates $104 $240 $954 $87,600 4% 13

14 RATE RANGE Florida MINIMUM MEDIAN MAXIMUM MEDIAN ANNUAL RATE FIVE-YEAR ANNUAL GROWTH Homemaker Services $11 $18 $28 $40,612 1% HOME Hourly Rates Home Health Aide Services $13 $19 $33 $42,328 1% Hourly Rates COMMUNITY Adult Day Health Care Daily Rates $30 $60 $120 $15,600 2% Assisted Living Facility (One Bedroom - Single Occupancy) Monthly Rates $850 $3,000 $7,920 $36,000 5% FACILITY Nursing Homes (Semi - Private Room) Daily Rates $148 $230 $440 $83,950 4% Nursing Homes (Private Room) $180 $251 $443 $91,615 4% Daily rates 14

15 RATE RANGE Illinois MINIMUM MEDIAN MAXIMUM MEDIAN ANNUAL RATE FIVE-YEAR ANNUAL GROWTH Homemaker Services $15 $20 $25 $45,760 2% HOME Hourly Rates Home Health Aide Services $15 $21 $25 $47,476 2% Hourly Rates COMMUNITY Adult Day Health Care Daily Rates $30 $67 $100 $17,290 0% Assisted Living Facility (One Bedroom - Single Occupancy) Monthly Rates $1,048 $3,805 $6,500 $45,654 4% FACILITY Nursing Homes (Semi - Private Room) Daily Rates $115 $170 $375 $62,050 3% Nursing Homes (Private Room) $133 $205 $405 $74,643 4% Daily rates 9. Food for Thought a) ALF Cost of Care b) ALF Long-Term Care Services c) ALF Long-Term Care Planning d) ALF SBDC Clearinghouse Overview 15

16 Alzheimer s Disease 1. Overview Dementia is a general term for diseases and conditions characterized by a decline in memory or other thinking skills that affects a person s ability to perform everyday activities. Dementia is caused by damage to nerve cells in the brain, which are called neurons. As a result of the damage, neurons can no longer function normally and may die. This, in turn, can lead to changes in one s memory, behavior and ability to think clearly. In Alzheimer s disease, the damage to and death of neurons eventually impair one s ability to carry out basic bodily functions such as walking and swallowing. People in the final stages of the disease are bed-bound and require around-the clock care. Alzheimer s disease is ultimately fatal. Source: Alzheimer s Association, 2014 Alzheimer s Disease Facts and Figures, Alzheimer s & Dementia, Volume 10, Issue 2 16

17 Alzheimer s disease was first identified more than 100 years ago, but research into its symptoms, causes, risk factors and treatment has gained momentum only in the last 30 years. Although research has revealed a great deal about Alzheimer s, much is yet to be discovered about the precise biologic changes that cause Alzheimer s, why it progresses at different rates among affected individuals, and how the disease can be prevented, slowed or stopped. Most Scary disabling disease in later life 61% 48% 32% 18% 8% 5% 4% Source: Genworth/Age Wave, "Our Family, Our Future: The heart of Long Term Care Planning" Study, Prevalence of Alzheimer s Disease Millions of Americans have Alzheimer s disease and other dementias. The number of Americans with Alzheimer s disease and other dementias will grow each year as the size and proportion of the U.S. population age 65+ continue to increase. The number will escalate rapidly in coming years as the baby boom generation ages. The number of Americans surviving into their 80s, 90s and beyond is expected to grow dramatically due to advances in medicine and medical technology, as well as social and environmental conditions. Additionally, a large segment of the American population the baby boom generation has begun to reach the age range of elevated risk for Alzheimer s and other dementias, with the first baby boomers having reached age 65 in By 2030, the segment of the U.S. population age 65+ is expected to grow dramatically, and the estimated 72 million older Americans will make up approximately 20 percent of the total population (up from 13 percent in 2010). 17

18 Millions of People with Alzheimer's Proportion of People with Alzheimer's Disease in the U.S. by age 15% 4% 38% 85+ years years years <65 years 44% Source: Alzheimer s Association, 2014 Alzheimer s Disease Facts and Figures, Alzheimer s & Dementia, Volume 10, Issue 2. As the number of older Americans grows rapidly, so too will the numbers of new and existing cases of Alzheimer s disease. By 2050, the number of people age 65+ with Alzheimer s disease may nearly triple, from 5 million to a projected 13.8 million, barring the development of medical breakthroughs to prevent, slow or stop the disease Projected Number of People Age 65 and Older (Total and by Age group) in the U.S. Population with Alzheimer's Disease, 2010 to Aged years Aged years Aged 85 years or older Source: Hebert LE, Weuve J, Scherr PA, Evans DA. Alzheimer disease in the United States ( ) estimated using the 2010 Census. Neurology 2013; 80(19):

19 Between 2014 and 2025 every state and region across the country is expected to experience double-digit percentage increases in the numbers of people with Alzheimer s due to increases in the proportion of the population age 65+. The West and Southeast are expected to experience the largest increases in numbers of people with Alzheimer s between 2014 and The increasing number of individuals with Alzheimer s will have a marked impact on states health care systems, as well as on families and caregivers. Projections of Total Numbers of Americans Age 65 and older with Alzheimer's by State Projected Number w/alzheimer's (in thousands) Projected Number w/alzheimer's (in thousands) Percentage Change Projected Number w/alzheimer's (in thousands) Projected Number w/alzheimer's (in thousands) State State Percentage Change Alaska 6,1 11,0 80,3 Indiana 100,0 130,0 30,0 Nevada 37,0 64,0 73,0 Wisconsin 100,0 130,0 30,0 Arizona 120,0 200,0 66,7 Michigan 170,0 220,0 29,4 New Mexico 34,0 53,0 55,9 Arkansas 52,0 67,0 28,8 Vermont 11,0 17,0 54,5 Kentucky 67,0 86,0 28,4 Wyoming 8,5 13,0 52,9 Alabama 86,0 110,0 27,9 South Carolina 79,0 120,0 51,9 Mississippi 51,0 65,0 27,5 Florida 480,0 720,0 50,0 Tennessee 110,0 140,0 27,3 Idaho 22,0 33,0 50,0 Oklahoma 60,0 76,0 26,7 Montana 18,0 27,0 50,0 Connecticut 72,0 91,0 26,4 Utah 28,0 42,0 50,0 Massachusetts 120,0 150,0 25,0 Texas 330,0 490,0 48,5 South Dakota 16,0 20,0 25,0 Georgia 130,0 190,0 46,2 Kansas 50,0 62,0 24,0 Virginia 130,0 190,0 46,2 Illinois 210,0 260,0 23,8 Colorado 63,0 92,0 46,0 New Jersey 170,0 210,0 23,5 New Hampshire 22,0 32,0 45,5 Rhode Island 22,0 27,0 22,7 California 580,0 840,0 44,8 West Virginia 36,0 44,0 22,2 Washington 97,0 140,0 44,3 Nebraska 33,0 40,0 21,2 Delaware 16,0 23,0 43,8 New York 380,0 460,0 21,1 Oregon 59,0 84,0 42,4 Ohio 210,0 250,0 19,0 Hawaii 25,0 35,0 40,0 Pennsylvania 270,0 320,0 18,5 Maine 25,0 35,0 40,0 Missouri 110,0 130,0 18,2 North Carolina 150,0 210,0 40,0 Iowa 62,0 73,0 17,7 Minnesota 88,0 120,0 36,4 North Dakota 14,0 16,0 14,3 Louisiana 81,0 110,0 35,8 Maryland 97,0 130,0 34,0 District of Columbia 9,2 9,0-2,2 19

20 3. Women and Alzheimer s Disease In 2010, the Alzheimer s Association in partnership with Maria Shriver and The Shriver Report, conducted a groundbreaking poll with the goal of exploring the compelling connection between Alzheimer s disease and women. Data from that poll were published in The Shriver Report: A Woman s Nation Takes on Alzheimer s, which also included essays and reflections that gave personal perspectives to the poll s numbers. For the first time, that report revealed not only the striking impact of the disease on individual lives, but also its especially strong effects on women women living with the disease, as well as women who are caregivers, relatives, friends and loved ones of those directly affected. Almost two-thirds of American seniors living with Alzheimer's are women. Of the 5 million people age 65+ with Alzheimer's in the United States, 3.2 million are women and 1.8 million are men. Source: Alzheimer s Association, 2014 Alzheimer s Disease Facts and Figures, Alzheimer s & Dementia, Volume 10, Issue 2 20

21 4. Alzheimer s Disease Market Alzheimer s disease or other dementias were most prevalent among nursing home residents (48.5%), and were least prevalent among home health patients (30.1%). The percentage of users of long-term care services with a diagnosis of depression was highest in nursing homes (48.5%), and lowest in residential care communities (24.8%), adult day services centers (23.5%), and hospices (22.2%) Percent distribution of userrs of long-term care services with a diagnosis of Alzheimer's disease or other dementias, and with a diagnosis of depresion, by provider type: United States, 2011 and Alzheimer's disease or other dementias Depression Adult day services center Home health agency Hospice Nursing home Residential care community NOTES: Denominators used to calculate percentages for adult day services centers, nursing homes, and residential care communities were the number of participants enrolled in adult day services centers, the number of residents in nursing homes, and the number of residents in residential care communities on a given day in Denominators used to calculate percentages for home health agencies and hospices were the number of patients whose episode of care in a home health agency ended at any time in 2011, and the number of patients who received care from Medicare-certified hospices at any time in Source: CDC/NHCS, National Study of Long-Term Care Providers 5. Payments for Long-Term Care Total payments in 2014 (in 2014 dollars) for all individuals with Alzheimer s disease and other dementias are estimated at $214 billion. Medicare and Medicaid are expected to cover $150 billion, or 70 percent, of the total health care and long-term care payments for people with Alzheimer s disease and other dementias. Out-of-pocket spending is expected to be $36 billion, or 17 percent of total payments. Unless otherwise indicated, all costs in this section are reported in 2013 dollars. 21

22 Aggregate Cost of Care by Payer for Americans Age 65 and Older with Alzheimer's Disease and Other Dementias, 2014* Total cost: $214 Billion (B) Medicare $113B, 53% Mdicaid $37 B, 17% Out of pocket $36 B, 17% Other $28 B, 13% * Data are in 2014 dollars Source: Alzheimer s Association, 2014 Alzheimer s Disease Facts and Figures, Alzheimer s & Dementia, Volume 10, Issue 2 6. Use and Costs of Long-Term Care Services An estimated 60 to 70 percent of older adults with Alzheimer s disease and other dementias live in the community compared with 98 percent of older adults without Alzheimer s disease and other dementias. Of those with dementia who live in the community, 75 percent live with someone and the remaining 25 percent live alone. People with Alzheimer s disease and other dementias generally receive more care from family members and other unpaid caregivers as their disease progresses. Many people with dementia also receive paid services at home; in adult day centers, assisted living facilities or nursing homes; or in more than one of these settings at different times in the often long course of the disease. Given the high average costs of these services (adult day services, $72 per day; assisted living, $43,756 per year; and nursing home care, $83,230 to $92,977 per year), individuals often deplete their income and assets and eventually qualify for Medicaid. Medicaid is the only public program that covers the long nursing home stays that most people with dementia require in the late stages of their illnesses. 22

23 7. Food for Thought a) Alzheimer's Disease Facts & Figures b) Alzheimer's Disease Facts & Figures Sheet c) Women & Alzheimer's Disease Facts & Figures Sheet d) Alzheimer's Disease Facts & Figures Infographic e) Alzheimer s Disease in Florida Facts & Figures Sheet f) Alzheimer s Disease in Illinois Facts & Figures Sheet Sources:

24 Projects Portfolio 1. Overview CFIG is proud to announce its new communities under construction in the Chicagoland area including Aurora, Elgin, Wood Dale, Fox Lake, and West Dundee. In addition to the communities in the Midwest, AEP is currently developing five communities in Florida with plans to grow 20 more communities in the southeast region. Aurora Memory Care, LLC Elgin Memory Care, LLC Wood Dale Memory Care, Inc. (2 phases) Golden Memory Care, Inc. Silver Memory Care, Inc. First American Assisted Living, Inc. Naples ALF, Inc. Ft. Myers ALF, Inc. Willow ALF, Inc. Juniper ALF, Inc. 2. CFIG and AEP Achievements CFIG is proud to announce the achievements that has reached till today: CFIG has received 123 approvals for I-526 petitions starting FY13 till date CFIG has achieved a 98% approval rate for all I-526 petitions in FY12 and FY13 CFIG has achieved a 100% approval rate for all I-526 petitions submitted for Chinese investors who invested in our Assisted Living EB-5 projects since FY09 till date CFIG has submitted its first I-829 petitions to USCIS in 2013, which is still pending CFIG and AEP have reached over $100 million dollars in EB-5 committed funds CFIG and AEP have fully subscribed 8 Assisted Living EB-5 projects AEP plans to launch 4 new Assisted Living EB-5 projects in 2014 CFIG and AEP have expanded their designated regions to cover 6 States: o Illinois o Wisconsin o Indiana 24

25 o Michigan o Minnesota o Florida (through an agreement with a Florida based Regional Center) 3. CFIG and AEP Track Records Chicagoland Foreign Investment Group ( CFIG ) and American Enterprise Pioneers ( AEP ) have seen a steady growth of investors over the years since their inception, with a current total of 269 investors. As of July 2014, CFIG has a total of 123 investors who have had their I-526 immigrant petition successfully approved. For more information, please refer to the table below: Chicagoland Foreign Investment Group Track Record (As of July 2014) Project Name Aurora Assisted Living EB-5 Fund, LLC Elgin Assisted Living EB-5 Fund, LLC Wood Dale Assisted Living EB-5 Fund, LLC Wood Dale Assisted Living Expansion EB-5 Fund, LLC Golden Assisted Living EB-5 Fund, LLC Silver Assisted Living EB-5 Fund, LLC Investment Amount Number of Investors Number of Subscriptions Number of I-526 Approved Number of I-526 Pending Number of I-829 Filed $8,500, $12,000, $12,500, $12,000, $12,000, $14,500, RCAP, LP $7,500, Invest in USA Fund, LLC $5,000, Rose Center Finance LP $9,000, American Healthcare Fund, LLC $4,500, Total $97,500, American Enterprise Pioneers Track Record (As of July 2014) Project Name First American Assisted Living EB-5 Fund, LLC Naples Memory Care EB-5 Fund, LLC Investment Amount Number of Investors Number of Subscriptions Number of I-526 Approved Number of I-526 Pending Number of I-829 Filed $11,000, $10,000, Ft. Myers EB-5 Fund, LLC $16,000, Total $37,000,

26 Aurora Memory Care, LLC 1. Project Overview After first obtaining a building permit in December 2013, Aurora Memory Care, LLC ( AMC ) completed the development and improvement of the site in the city of Aurora, Illinois. At the moment project is under construction, but the estimated opening date of the facility is March, AMC project is fully subscribed and the total estimated capitalization is $13 million. AMC is anticipating to create more than 200 jobs including direct, indirect and induced jobs by These include nurses, aides, other medical and personal care providers, physical therapy specialists and administrators, but more importantly, people who care about seniors. With about 60 units of assisted living and memory care, AMC provides premiere lifestyle services with exceptional health care services. 2. Community Amenities Units with spacious floor plans Chef-prepared meals focusing on nutrition as well as presentation Lounges, sitting areas, and gathering spaces Library ready to engage your intellect and curiosity Access to paved walking paths on the Fox River Gardening areas to natural flora and fauna 24-hour licensed care staff 3. Project Highlights Fully subscribed Facility is currently under construction in City of Aurora, Illinois Total Project Capitalization: $13M Estimated total units: 60 Approximate square footage: 53,400 Estimated opening date: March 2015 New Jobs expected to be created:

27 Aurora Memory Care, LLC 27

28 Elgin Memory Care, LLC 1. Project Overview Elgin Memory Care, LLC ( EMC ) is in the final construction approval phase with the City of Elgin, Illinois. At the moment land for facility is currently under development, with opening project in March EMC is fully subscribed and the total estimated capitalization is $15 million. The project is expecting to create more than 270 jobs including the full time jobs after opening and also jobs throughout the construction development. EMC offers about 80 units of assisted living and memory care, for a casual lifestyle with exceptional health care services. 2. Community Amenities Units with spacious floor plans Chef-prepared meals focusing on nutrition as well as presentation Lounges, sitting areas, and gathering spaces Library that will engage your intellect and curiosity Access to paved walking paths within the planned neighborhood of West Point Gardens Gardening areas to natural flora and fauna 24-hour licensed care staff 3. Project Highlights Fully subscribed Land for facility is currently under development in City of Elgin, Illinois Estimated total units: 80 Total Project Capitalization: $15M Approximate square footage: 76,000 Estimated opening date: March 2015 New jobs expected to be created:

29 Elgin Memory Care, LLC 29

30 Wood Dale Memory Care, Inc. 1. Project Overview Wood Dale Memory Care, Inc. ( WMC ) has begun the development and improvements of the site in the City of Wood Dale, Illinois. Project is fully subscribed and the total estimated capitalization is $30 million. To open the facility is planning in March WMC will be the first community of its kind to offer vertical integration of health services in a residential setting. All staff will be highly trained to engage residents and families in the vibrant atmosphere that feels alive and celebrates living. Furthermore, WMC is introducing a new concept called The Bridge to the Chicagoland market. The Bridge enables couples to continue to live together, even when one needs memory-related care. 2. Community Amenities Units with multiple and spacious floor plans A number of out-patient services and retail opportunities Chef-prepared meals focusing on nutrition as well as presentation Lounges, sitting areas, and gathering spaces including a top floor porch Library spaces engage your intellect and curiosity Gardening areas to natural flora & fauna and intergenerational areas for children 24-hour licensed care staff The Awakenings memory care philosophy, that puts the resident at the center of every day 3. Project Highlights Fully subscribed Land for facility is currently under development in City of Wood Dale, Illinois Estimated total units: 155 Total Project Capitalization: $30M Approximate square footage: 153,111 Estimated opening date: March 2016 New jobs expected to be created:

31 Wood Dale Memory Care, Inc. 31

32 Golden Memory Care, Inc. 1. Project Overview Golden memory Care, Inc. ( GMC ) has selected a site for its facility located in the village of Fox Lake, Illinois. At the moment, the site plan for the facility is being finalized. GMC project is fully subscribed and the total estimated capitalization is $20 million. The facility opening is planned for September Community Amenities Units with multiple and spacious floor plans A number of out-patient services and retail opportunities Chef-prepared meals focusing on nutrition as well as presentation Lounges, sitting areas, and gathering spaces including a top floor porch Library spaces engage your intellect and curiosity Gardening areas to natural flora & fauna and intergenerational areas f or children 24-hour licensed care staff 3. Project Highlights Fully subscribed Undergoing zoning and entitlement process in Village of Fox Lake, Illinois Estimated total units: 95 Total Project Capitalization: $20M Approximate square footage: 88,750 Estimated opening date: September 2015 New jobs expected to be created:

33 Golden Memory Care, Inc. 33

34 Silver Memory Care, Inc. 1. Project Overview Silver Memory Care, Inc. ( SMC ) has negotiated an option contract to construct its facility in the village of West Dundee, Illinois. SMC project is fully subscribed and the total project capitalization is $18 million. The estimated opening date is January 2016 and is expecting to create over 370 new jobs. 2. Community Amenities Units with multiple and spacious floor plans A number of out-patient services and retail opportunities Chef-prepared meals focusing on nutrition as well as presentation Lounges, sitting areas, and gathering spaces including a top floor porch Library spaces engage your intellect and curiosity Gardening areas to natural flora & fauna and intergenerational areas for children 24-hour licensed care staff 3. Project Highlights Fully subscribed Undergoing zoning and entitlement process in Village of West Dundee, Illinois Estimated total units: 95 Total Project Capitalization: $18M Approximate square footage: 84,500 Estimated opening date: January 2016 New jobs expected to be created:

35 1. Project Overview First American Assisted Living, Inc. First American Assisted Living, Inc. selected Wildwood, Florida as the location for its facility based on marketing analysis showing strong consumer demand. At the moment project is fully subscribed and the estimated opening date is December The total capitalization is $18 million and the project is expecting to create over 250 new jobs for American workers. Built in close proximity to the famous Villages, this community will expand on the services and comforts that Villages and Wildwood residents have come to expect. 2. Community Amenities Units with multiple and spacious floor plans Chef-prepared meals focusing on nutrition as well as presentation Lounges, sitting areas, and gathering spaces Library spaces engage your intellect and curiosity Gardening areas to natural flora and fauna and intergenerational 24-hour licensed care staff 3. Project Highlights Fully subscribed Undergoing design development and construction drawings for facility Facility to be located in City of Wildwood, Florida Estimated total units: 100 Total Project Capitalization: $18M Approximate square footage: 84,000 Estimated opening date: December 2016 New jobs expected to be created:

36 Naples ALF, Inc. 1. Project Overview Naples ALF, Inc. ( NALF ) selected Naples, Florida as the location for its facility based on market analysis showing strong consumer demand. NALF is fully subscribed and the total value of the project is $16 million. To open the facility is planning in December, NALF is designed for individual with high needs who require personal attention, Alzheimer s, Parkinson s and Lewy-Body and other dementias. Moreover, the project is expecting to create over 200 new jobs. 2. Community Amenities Valet, spa and other luxury services Library Café Theatre Beauty salon Haircuts & styling included at no additional cost! Mediterranean juice bar to promote well-being 24-hour dining room with nutritional menu options Optimized floor plans for comfortable living 24-hour licensed care staff On-site pharmacy 3. Project Highlights Fully subscribed Facility to be located in City of Naples, Florida Estimated total units: 80 Total Project Capitalization: $16M Approximate square footage: 56,000 Estimated opening date: December 2015 New jobs expected to be created:

37 Naples ALF, Inc. 37

38 Ft. Myers ALF, Inc. 1. Project Overview Ft. Myers ALF, Inc. ( FMA ) selected Ft. Myers, Florida as the location for its facility based on market analysis showing strong consumer demand. The total capitalization is $28 million and it is expecting to create over 370 new jobs for American workers. FMA will feature multiple venues for both assisted living and memory care. 2. Community Amenities Units with multiple and spacious floor plans Chef-prepared meal focusing on nutrition as well as presentation Lounges, sitting areas, and gathering spaces Library spaces engage your intellect and curiosity Gardening area to natural flora and fauna 24-hour licensed care staff 3. Project Highlights NOT Fully subscribed Undergoing schematic design for facility Facility to be located in City of Ft. Myers, Florida Estimated total units: 140 Total Project Capitalization: $28M Approximate square footage: 150,000 Estimated opening date: July 2016 New jobs expected to be created:

39 Willow ALF, Inc. 1. Project Overview Willow ALF, Inc. ( WALF ) selected Naples, Florida as the location for its facility based on market analysis showing strong consumer demand. WALF is estimated to have 114 assisted living units and memory care units for elderly patients suffering from Alzheimer s and other memory related illnesses. The facility has a total projected capitalization $25 million. 2. Project Highlights Available Facility to be located in City Naples, Florida Vicinity Total Project Capitalization: $25M Estimated total units: 114 Approximate square footage: 97,000 Estimated opening date: 2017 New jobs expected to be created:

40 Juniper ALF, Inc. 1. Project Overview Juniper ALF, Inc. ( JPALF ) selected Sun City Center, Florida as the location for its facility based on market analysis showing strong consumer demand. JPALF is estimated to provide 114 assisted living units and memory care units for elderly patients suffering from Alzheimer s and other memory related illnesses. The facility has a total projected capitalization $24 million. 2. Project Highlights Available Facility to be located in Sun City Center, Florida Vicinity Total Project Capitalization: $24M Estimated total units: 114 Approximate square footage: 90,600 Estimated opening date: 2017 New jobs expected to be created:

41 Summary CFIG has made many significant achievements for the people and communities it serves in just a short amount of time. For instance, as a result of having raised over $100 million in EB-5 loans for nine separate projects, more than 250 immigrant investors and their families have subscribed to CFIG-sponsored projects. Further, more than 100 investor families have received I-526 approvals, allowing them to obtain conditional lawful permanent residency status and their first steps towards green cards. Along with 100% approval rate for Chinese investors seeking their U.S. green cards, CFIG is projected to help create over 2,690 new, full-time jobs in the United States. CFIG has also established partners and field representatives in countries all over the world. CFIG has chosen Illinois and Florida as the location for assisted living and memory care communities for a reason. Between 2014 and 2025 every state and region across the country is expected to experience double-digit percentage increases in the numbers of people with Alzheimer s due to increases in the proportion of the population age 65+. For instance, Florida is expected to experience the 50% increase in numbers of people with Alzheimer s, and Illinois is expected to experience a 23.8% increase. According to the high market demand and strong population growth, this industry has become one of the most preferred and fastest growing long-term care options for seniors. Seeing the growing need for these types of facilities, CFIG has developed a strategic plan that builds these facilities and puts Americans back to work through investments in our EB-5 Regional Center projects. As CFIG continues to grow, it continues to make a meaningful impact. CFIG s projects demonstrate the positive difference CFIG has made so far and will continue to make long into the future. 41

42 Disclaimer CHICAGOLAND FOREIGN INVESTMENT GROUP REGIONAL CENTER, LLC ( CFIG ) IS A UNITED STATES CITIZENSHIP AND IMMIGRATION SERVICES DESIGNATED REGIONAL CENTER. THIS BROCHURE IS FOR INFORMATIONAL PURPOSES ONLY AND DOES NOT CONSTITUTE AN OFFER TO SELL OR A SOLICITATION OF AN OFFER TO PURCHASE ANY INTERESTS IN ANY SPECIFIC PROJECTS. CFIG, American Enterprise Pioneers, Inc. ( AEP ), AND THEIR AFFILIATES DO NOT PROVIDE ACCOUNTING, TAX OR LEGAL ADVICE; ALL PERSONS ARE STRONGLY URGED TO CONSULT WITH THEIR OWN ADVISORS REGARDING ANY POTENTIAL STRATEGY OR INVESTMENT. THIS OVERVIEW IS CONFIDENTIAL AND MAY NOT BE REPRODUCED OR TRANSFERRED, IN WHOLE OR IN PART, TO ANY OTHER PARTY WITHOUT THE EXPRESS WRITTEN CONSENT OF CFIG, AEP, AND THEIR AFFILIATES. REAL ESTATE AND ASSISTED LIVING AND MEMORY CARE FACILITY INVESTMENTS ARE SPECULATIVE AND MAY RESULT IN THE LOSS OF AN INVESTOR S ENTIRE INVESTMENT. THE INFORMATION CONTAINED HEREIN INCLUDES (OR IS BASED IN PART ON) VALUATIONS, ESTIMATES AND OTHER FINANCIAL DATA. BY YOUR RE CEIPT OF THESE OVERVIEW MATERIALS, YOU UNDERSTAND, ACKNOWLEDGE AND AGREE THAT (I) YOU HAVE SUCH KNOWLEDGE AND EXPERIENCE IN FINANCIAL, BUSINESS AND INVESTMENT MATTERS SO AS TO BE CAPABLE OF EVALUATING THE MERITS AND RISKS OF AN INVESTMENT, (II) THIS INFORMATION HAS BEEN PREPARED INTERNALLY AND IT HAS NOT BEEN VERIFIED OR SUBSTANTIATED BY ANY THIRD PARTY SOURCE AND MAY NOT CONTAIN ALL OF THE INFORMATION WHICH YOU MIGHT DEEM MATERIAL, AND (III) THIS INFORMATION SHOULD NOT BE RELIED UPON FOR ANY PURPOSE, AND YOU WILL MAKE YOUR OWN INDEPENDENT EVALUA TION OF ANY INFORMATION CONTAINED IN THIS OVERVIEW. ANY INFORMATION REGARDING VALUES ARE ESTIMATES ONLY AND SHOULD NOT BE CONSIDERED INDICATIVE OF THE ACTUAL FINANCIAL RESULTS THAT MAY BE REALIZED ON ANY POSSIBLE FUTURE INVESTMENT MENTIONED IN THIS OVERVIEW. THE INFORMATION CONTAINED HEREIN SHOULD NOT BE CONSTRUED AS RESEARCH OR INVESTMENT ADVICE. NO INFORMATION HEREIN SHOULD BE CONSIDERED A RECOMMENDATION TO PURCHASE OR SELL INTERESTS IN AN INVESTMENT. NO WARRANTY IS GIVEN AS TO ITS COMPLETENESS OR ACCURACY OF THE INFORMATION CONTAINED HEREIN, AND VIEWS AND OPINIONS, WHILST GIVEN IN GOOD FAITH, ARE SUBJECT TO CHANGE WITHOUT NOTICE. مرکز منطقه ای CFIG شرکت با مسئولیت محدود یک ارائه دهنده خدمات شهروندی و مهاجرتی آمریکایی است که تعیین کننده مرکز منطقهای میباشد. این نوشته تنها برای اهداف اطلاعاتیاست و ایجاد یک پیشنهاد برای فروش یا درخواست یک پیشنهاد برای خرید هر منافعئ را در هر پروژه مشخصی نمیکند. CFIG شرکتAEP و وابستگان این شرکتها حسابرسی مالیات و یا مشاوره حقوقی انجام نمیدهند. هر شخصی شدیدا لازم است که با مشاوران خودشان در ارتباط با استراتژی بالقوه یا سرمایه گذاری مشورت کنند. این مرور کلی به صورت محرمانه است و امکان دوباره ایجاد شدن یا انتقال چه به صورت کلی یا جزیی به هر طرف دیگری بدون رضایت نوشته صریح از CFIGCAEP و وابستگان دیگر را ندارد. املاک و مستغلات و خانه سالمندان و سرمایه گذاری مرکز مراقبت حافظه ای ریسک پذیر هستند و ممکن است مشمول از دست رفتن تمامی سرمایه سرمایه گذار شود. اطلاعاتی که در اینجا آماده است شامل سرمایه گذاریها تخمینها و دیگر دادههای مالی است.) یا بخشی از آن بر این اساس تهیه شده است.(شما با دریافت این مرور کلی متوجه هستید تصدیق میکنید و موافقید که : ۱. شما دارای دانش و تجربه مالی کسب و کار و سرمایه گذاری به صورتی هستید که توانایی ارزیابی شایستگی ها و ریسک پذیریهای سرمایه گذاری را داشته باشید. ۲. این اطلاعات به صورت داخلی تهیه شده است و هیچ شخص سومی آن را تایید یا اثبات نکرده است و ممکن است شامل کلیه اطلاعاتی که شما لازم و اساسی میدانید نباشد و ۳. برای هیچ منظوری نباید به این اطلاعات اتکا شود و شما ارزیابی مستقل خود را از هر اطلاعاتی که در ا ین مرور کلی آماده است خواهید کرد. هر اطلاعاتی در مورد ارزشها تخمینی است و نباید از آن به عنوان نتیجه ها ی مالی واقعی حاصل از هرگونه سرمایه گذاری ممکن در آینده که در این مرور کلی آماده است برداشت شود. اطلاعاتی که در اینجا اماده است نباید به عنوان تحقیق یامشاوره های سرمایه گذاری تفسیر شود. از هیچ یک از اطلاعاتی که در اینجا آماده است نباید به عنوان توجیه برای خرید یا فروش منافع در یک سرمایه گذاری برداشت شود. هیچ تضمینی در مورد تکمیل بودن یا دقیق بودن اطلاعاتی که در اینجا اماده است داده نمیشود و دیدگاهها و نظرات در حالی که با حسن نیت داده شده اند میتواند بدون اطلاعات قبلی تغییر کنند. 芝 加 哥 外 商 投 资 集 团 (CFIG) 是 由 美 国 移 民 局 指 定 的 投 资 移 民 区 域 中 心 本 份 概 述 仅 供 参 考, 不 构 成 对 认 购 任 何 特 定 资 产 中 的 任 何 权 益 的 建 议, 亦 不 构 成 对 上 述 权 益 的 出 售 邀 约 或 购 买 的 邀 约 邀 请 CFIG 美 国 企 业 先 锋 (AEP) 及 其 关 联 方 不 提 供 财 务 税 务 或 法 律 建 议 ; 我 们 再 次 强 烈 呼 吁 所 有 人 士 就 任 何 潜 在 的 策 略 投 资 及 中 华 人 民 共 和 国 ( 中 国 ) 法 律 下 有 关 境 外 投 资 和 外 汇 管 制 的 审 批 和 合 规 向 其 各 自 的 中 国 及 任 何 其 它 相 关 地 区 的 顾 问 进 行 咨 询 本 份 概 述 应 严 格 保 密, 未 经 CFIG AEP 及 其 关 联 方 的 明 确 书 面 同 意, 本 份 概 述 的 全 部 或 部 分 不 得 被 复 制 或 提 供 给 任 何 其 他 方 房 地 产 投 资 是 投 机 性 的, 可 能 导 致 一 个 投 资 人 损 失 其 全 部 投 入 此 处 包 含 的 信 息 包 括 ( 或 部 分 是 基 于 ) 估 值 估 算 或 其 他 财 务 数 据 当 阁 下 收 到 这 些 概 述 性 资 料, 阁 下 明 白 认 可 并 同 意 :(1) 阁 下 拥 有 足 够 的 在 财 务 商 务 和 投 资 事 项 上 的 知 识 和 经 验, 以 使 阁 下 能 够 评 价 一 项 投 资 的 优 点 和 风 险 ;(2) 此 处 信 息 系 内 部 准 备, 未 经 任 何 第 三 方 来 源 验 证 或 证 实, 包 括 不 限 于 中 国 证 券 监 督 管 理 委 员 会 中 国 国 家 发 展 和 改 革 委 员 会 或 任 何 其 他 中 国 政 府 机 构, 并 且 可 能 未 能 包 含 阁 下 可 能 认 为 重 要 的 全 部 信 息 ;(3) 此 处 信 息 不 可 因 任 何 目 的 而 被 依 赖, 阁 下 将 对 本 概 述 所 包 含 的 任 何 信 息 做 出 自 己 独 立 的 评 估 任 何 有 关 价 值 的 信 息 仅 为 估 计, 不 应 被 视 为 是 对 本 概 述 中 所 提 及 的 任 何 可 能 的 未 来 投 资 所 可 能 实 现 的 实 际 财 务 业 绩 的 陈 述 此 处 所 包 含 的 信 息 不 应 被 解 释 为 研 究 或 投 资 建 议 此 处 没 有 信 息 应 被 视 为 对 一 项 投 资 的 权 益 的 购 买 或 出 售 的 推 荐 我 们 不 对 此 处 信 息 的 完 整 性 和 正 确 性 做 出 任 何 承 诺 所 有 观 点 和 意 见, 虽 然 是 基 于 诚 意 给 出, 将 可 能 更 改, 且 不 会 另 行 通 知 المركز الإقليمي ل "مجموعة شيكاغولاند للإستثمار الأجنبي" - شركة ذات مسؤولية محدودة هو مركز إقليمي معتمد من ق بل دائرة خدمات الإقامة و الهجرة الأمريكية. تم إعداد هذا الكتيب لأغراض إعلامية فقط ولذا فإنه لا يعتبر بأي حال من الأحوال عرضا لبيع أو شراء أي حصص أو مصالح في مشاريع محددة. كما أن مجموعة شيكاغولاند للإستثمار الأجنبي CFIG و أمريكان إنتربرايز بيونيرز AEP والشركات التابعة لهم لا تعمل على تقديم استشارات محاسبية أو ضرائبية أو قانونية وعليه فإننا نوصي الجميع بالرجوع إلى مستشاريهم فيما يتعلق بتبني أي إستراتيجية محتملة أو إستثمار. هذه المعلومات تعتبر سرية و لا يجوز نسخها أو نقلها بشكل كلي أو جزئي إلى أي طرف آخر من دون موافقة خطية من CFIG أو AEP أو الشركات التابعة لهم. تتميزالاستثمارات في العقارات ومرافق رعاية المسنين وفاقدي الذاكرة بعنصر المضاربة الأمر الذي قد يعرض المستثمر إلى خسارة كامل استثمار فيها. المعلومات الواردة في هذا الكتيب تتضمن )أو تستند في جزء منها على( تقديرات و تخمينات وغير ذلك من البيانات المالية. ولذا فإنك باستلامك هذه المعلومات إنما تدرك وتقر وتوافق على (I ( أن لديك من المعرفة والخبرة في الشؤون المالية والتجارية والإستثمارية ما يجعلك قادرا على تقدير مزايا ومخاطرأي استثمارات. )II( وللعلم فإن هذه المعلومات تقد م إعدادها داخليا و لم يتم التحقق منها أو دعمها من قبل مصدر ثالث وقد لا تتضمن كافة المعلومات التي تراها ضرورية وهامة. )III( هذه المعلومات لا ينبغي الإعتماد عليها لأي غرض من الأغراض و ينبغي عليك الوصول إلى تقييم مستقل خاصبك فيما يتعلق بالمعلومات التي يتضمنها هذا الكتيب. إن ما يتضمنه هذا الكتيب من معلومات تتعلق بقيم ما هي إلا مجرد تخمينات فقط و لا ينبغي اعتبارها مؤشر للنتائج المالية الفعلية التي قد تتحقق من خلال أي إستثمار مستقبلي محتمل ورد ذكره في هذا الكتيب. كما لا ينبغي اعتبار المعلومات الواردة هنا على أنها نتائج بحث أو استشارات استثمارية. كذلك لا ينبغي اعتبار المعلومات كتوصية لشراء أو بيع حصص إستثمارية. كما أننا لا نضمن إكتمال أو دقة المعلومات الواردة هنا كما أن وجهات النظر و الآراء المقدمة بحسن نية تخضع لتغيير بدون أي إشعار. 42