Opportunity III

Due to out of control real estate prices, loss of jobs due to Covid-19 and an ever growing need for Affordable Housing, across all communities. Many Senior Citizens are being forced out of the communities they have worked and lived in their whole lives. Forcing them to either relocate, if they are fortunate enough to be able to do so, or end up homeless, which is unfortunately becoming way too common. 

San Diego Plan for the Elderly
Communities across the world are looking for ways to accommodate the growing population of older adults. Due to longer lifespans and decreasing birth rates, older adults make up a larger percentage of the population than ever before. In San Diego County, seniors over the age of 65 will make up an estimated 21% of the population by 2030, up from 13% today. There is no single point to solving this crisis. It requires the the entire community from local and county governments, to charitable organizations. Yet overall the single highest cost in living expense for most senior citizens is housing costs. A higher proportion of California’s older renters spend an oversized share of their income on rent than the population as a whole. Underscoring the nexus between income and rent affordability. California’s older renters are more likely to be rental cost-burdened because they have lower incomes than the population overall. Additionally, as older renters age, they face an increased likelihood that they have depleted their savings or lost a spouse, resulting in older renter households age 75+ facing even higher cost burdens than households age 62+.

Across all racial and ethnic categories, a higher proportion of older renter households are facing Severe Rental Cost Burdens. More than half of older renter households (53% or 4.7 million households) are housing insecure, and almost one in three (30% or 2.6 million households) are experiencing severe housing insecurity or homelessness. As of December, 2020, 30% of all renter households with a member age 65 and older reported a loss of employment income since March, and more than 9% of older renter households were behind in their rent payments. No single company, organization or government can solve the problem. It will take all of the above. It will take a change in local government policy as well as a change in our communities, with all parties working together to begin solving this problem. 

Base Yearly Living Expense of a Single, Healthy Senior Citizen

The above chart shows the yearly base cost of a single healthy senior to live in Santa Barbara County. Considering that the average monthly Social Security Retirement benefit is $1,437.55, with those at the lower end receiving $1,280.84 and too many well below $1,000. There is basically zero chance for a senior relying solely on social security, to reach this level.

However fortunately due to new regulations, government grants and what has become a dire need for Affordable Senior Housing. UCG is looking for older properties that can be re-purposed and quickly converted into Emergency Housing for seniors as well as finding potential land for building new Affordable Modular Permanent Housing.

1 Bedroom Container Home

2 Bedroom Container Home


Where we fit into this is providing as many options for Affordable Senior Housing as possible. Fortunately the State of California has developed several programs tom help solve the problem and the individual Counties and Cities are also doing their part. The plan is not complicated, it just requires a commitment to be resolved.

The 4 key Elements to Solving the Housing Problem

1. Implement zoning ordinances and design requirements that create accessible, mixed-use villages with a variety of housing types and services. 
2. Implement policies and programs to prevent and overcome homelessness. 
3. Institutionalize a coordinated approach to creating and financing affordable housing stock. 
4. Develop comprehensive supports associated with housing for successfully aging in community. 

Opportunity II

Highly disruptive IoT technologies are taking agriculture by storm.  No longer is there a need to grow fruits and vegetables only outside. Technology has accelerated the indoor growing movement and allowed farms to go up and up creating what is called a Vertical Farm.  In a nutshell it’s basically taking racks and staking plants on top of each other and using advanced LED’s creating man made natural light, by calibrating the light spectrum for the energy and photosynthesis a plant needs to thrive. The lights can also achieve the same results of a 1,000 watt metal halide, with a 40 watt LED.

Vertical Farming Technician
Vertical Farming and Aquaponics use up to 90% less water, eliminate runoff, save topsoil, recycle resources, increase food safety while reducing impact on an ever dwindling supply of quality agricultural land. You can generate energy on site, with either solar energy, wind energy or waste product energy and slash fossil fuel use dramatically.  After the Fukishima earthquake and subsequent tsunami. Japanese citizens are scared to eat anything that has been grown in soil. In addition to eating any seafood sourced near the site. How can you blame them?  Introduced shortly after the reactor blew, the only thing left out of the equation was another protein source.  The best compliment that enables the new vertical farmer to solve these problems is Aquaponics

Year-round Crop Production

One indoor acre produces exponentially more fruit, vegetables, and herbs than an outdoor acre, depending upon the crop and scale of Vertical Farm created. For example one acre of land can produce 2 to 3 crops of lettuce per year. That same space using the Vertical Farming method can create potentially up to 90 times the amount, depending on how many floors, levels of plants, etc. Even with a modest one story container, you can produce up to 10 times the amount feasible on the same space of land. 

Sustainability

No topsoil is lost in Vertical Farming and with a 90% less water usage than conventional farms, it allows perfectly for long sustainability. The only water loss, is the water that actually becomes part of the vegetation. With Aquaponics the waste product from the fish, shrimp or whatever your farming, replenishes the soil creating a practically limitless resource of growing with very little need for replenishing the soil or water.

UCG has complied a proprietary deal book of 100’s of potential opportunities that we track in our focus area. We take a highly disciplined hands-on approach to investing. Our model provides access to the very best deals in an explosive new sector. Simply put, our team can move rapidly and offer a strong offer on the very best deal opportunities, from the very beginning once we achieve funding. UCG’s operating team, bring experience and an alternative investment track record, which result in great investment decisions on behalf of the Fund and our Limited Partners.

The UCG LP Venture Real Estate Opportunity Fund I, will invest in a diversified portfolio of Affordable Student Housing, Affordable Senior Housing and Institutional-Quality Commercial Real Estate. The Fund has been designed to invest in a portfolio of U.S. commercial real estate, as well as potential overseas projects, that will provide:

* Current Income that exceeds fixed income securities.
* Capital appreciation associated with commercial real estate.
* The combination of providing ongoing cash flow and short to mid term capital appreciation in projects with higher growth opportunities represents a value add real estate investment strategy.

The current market value of the Green Building Construction Industry is exceeding $200 billion and has a 7 year compound annual growth rate of just under 20%. There are little to no industries that can come close to this growth rate at the relatively low risk our potential developments provide.



Opportunity I

Used Shipping Containers
Too expensive to return to their place of origin, used shipping containers pile up by the thousands at ports worldwide. The abundance and relative cheapness (some sell for as little as $900) of these containers during the last decade comes from the deficit in manufactured goods departing from North America. The goods come from Asia and Europe, in containers that are not financially feasible to ship back empty. So what can be done with the used containers that have reached their final destinations? UCG has an effective easy to scale solution for either residential or commercial construction alike and it’s re-purposing one way shipping containers. The fact that these containers have only undergone one voyage, means they are in pristine condition and perfect for our use.

The first step after a site has been chosen is to select heavy-gauge steel shipping containers that are fire resistant and strong enough to withstand earthquakes to hurricanes. UL rated insulation with sound proofing qualities and redefinition of power distribution to reduce energy and utility costs for the occupant. Each container is engineered for strength. They are also designed to be stacked and hold a total load of 80,000 pounds, which is far less than they would ever weigh in a building structure. This would allow for them to be stacked safely up to 20 stories, with minimal additional reinforcement. Although most structures would be built 10 stories or less.

Modular Housing Project
Given the range of advantages, architects, contractors and individuals are increasingly using containers to build homes, offices, apartments, schools, dormitories, emergency shelters and retail stores across the world. Europe, China and New Zealand have successfully pioneered sustainable housing, utilizing shipping containers. For example, Travelodge celebrated the fourth anniversary of their completed hotel in London. The project saved approximately $900,000 in construction. We are the perfect solution to construction for all types of projects, With a growth rate of 20 percent forecast in the sustainable building industry over the next five years. 

Prefabricated Shipping Container / Modular Based Construction is an extraordinarily well positioned solution. This is especially true for the U.S. commercial markets that are completely under served even as demand for this segment rises. For these reasons and more, our building options are extremely well received in both domestic and international markets.

Containers Sitting at Port
Regarding costs between new and existing containers, a used shipping container in perfect condition will yield a dramatic savings over a new container, which typically costs $6,000. Will the cost of used containers rise as a result of increased demand, like any other commodity, the answer is going to be yes. When UCG’s MP’s started looking into this several years ago, shipping containers were running anywhere from $700 to $1,700, depending on the quality. Today, we are able to purchase them for $1,300, for units that are not in good condition, to up to $2,500 in like new, and still achieve over a 50 percent reduction on framing costs. 

UGC has prepared for this and has negotiated with several large shipping companies, a bulk price for one way like new containers of under $1,000, as well as, guaranteeing a supply to handle many more projects than we anticipate for years to come. Our plan is to eventually commit to purchasing all available containers and take over their sales of used containers, by using their contacts to do so. Thus giving us a guaranteed endless supply.




The UCG Strategy

UCG applies decades long expertise, takes an active hands-on approach and focuses on the needs of the student housing crisis. In California the problem is evident with each public university on average needing to add no lees then 10,000 more beds for students and grad students within ten years. Regions outside Silicon Valley that are rich in innovation, yet are under served by Venture Capital. 

We identify under valued property as some of the less impacted schools  happen to be located in rural areas.  UC Davis, UC Santa Cruz, and UC Merced are three examples of universities where our strategy works.  We acquire land first in partnership with the land owner, i.e. farmer, (As the majority of the best parcels within a usable distance to the universities are agricultural) through an agreement for zero dollars out of the fund. 

Standard Farming
We will approach the farmers, by using representatives from within the industry. As acquiring farm land is quite difficult and these farmers are approached constantly by developers interested in acquiring their property. In return we will allocate at least one acre of the land to vertical farming which will provide a crop yield that will harvest 10 times a year and up to 10 rows high, versus 2 to 3 crops per year in the same area. In addition this allows the farmers to venture into the most modern and most productive type of farming, with no out of pocket expense up front. (This is our inroad into the vertical farming business as it becomes a symbiotic relationship to building our student housing.)

In essence the replacement crop is potentially up to 99 times greater at the extreme. This efficient indoor space is paid for through a national program called PACE (Power and Clean Energy).  Which stipulate that all money spent must be for power or clean energy sources and is repaid over the course of 50 years as a melarouse tax assessment and  with the opportunity to create significant value, with a focus on near-term returns. Our strategy is to target land owners who want to remain in farming and would not typically sell to any other developer.  Our cargo container strategy works well as the foundation for vertical farming due to low cost and high strength.  Additionally these structures will use 100% led lighting which is powered via solar power attached to its roof. Thus keeping their cost of operation low to almost zero, as far as energy use.

California Universities
Each UCG deal must have embedded value, seasoned management teams, market-ready products or solutions with protectable intellectual property strategy and a sound go-to-market strategy for our exit.  Most of the exits we will seek, especially at first, will be for shovel ready projects that include financing for qualified investors. We use a methodology that assesses the team, technology and perceived market timing as well as the opportunities for market traction and exit strategy. While not limited to investments in any specific geography or sector, UCG expects to source most of its projects from California and other regions of the U.S. in the student housing market that are under serving students with a lack of available affordable housing options. Led by alternative investors such as Venture Capital and Private Equity. This enables us to find opportunities that may be overlooked by Investment Silicon Valley Venture Firms as well as to avoid valuation run up in common with overly competitive deals.

The Fund also identifies well located commercial properties that require renovation or rehabilitation in their tenancy, physical attributes, capital structures, market position and/or management structure. That show a undervalued potential profitability.

By exploiting real estate pricing & operating inefficiencies and employing intensive asset management, the Fund repositions holdings for subsequent disposition. UCG Implements a broad investment strategy that allows the fund to source and execute unique transactions, including direct investments, debt investments secured by real estate, privately placed real estate securities and joint ventures, etc. Also the Fund’s ability to quickly source, evaluate and execute complex transactions is a competitive advantage. As we develop creative solutions to complex situations involving under-performing assets for the purpose of investing at favorable valuations.

Additional Portfolio Strategies


Our Unique Solution

Using one way shipping containers as the key component of a build and as the primary material for our commercial properties, we will drive explosive value creation  in the world economy, potentially transforming virtually every real estate sub-sector, such as; student housing, new home construction, schools, hospitals, commercial buildings, retail, etc. Business Insider Intelligence predicts that  between $20 to $30 billion dollars will be spent over the course of the next five years in north America on alternative materials for new construction. 

Food Shortage is Worldwide
There are also several business opportunities available in the agricultural industry and a good thing about that industry is that there is a market for all the produce that can be grown, due to the worldwide shortage of edible crops. Over the last several decades the worlds population has grown at unprecedented levels, while viable agricultural land has declined, due to drought caused by global warming. Over the years, researchers and scientist have been researching ways to improve crop cultivation, especially in areas where the soil composition and climatic does not support the growth of certain crops. 

Vertical Farming is the practice of producing food in vertically stacked layers, such as in a skyscraper, used warehouse, or “Shipping Containers”. The modern ideas of vertical farming use indoor farming techniques and Controlled-Environment Agriculture (CEA) Technology, where all environmental factors can be controlled.

Vertical Indoor Farming
The agricultural industry, of which the Aquaponics business is a subset of agriculture; is no doubt among the leading industries in most countries of the world. It is the industry that produces food for the populace and raw materials for industries. Because of the significant roles the agriculture sector plays, the government of most countries ensure that they go all the way to subsidize seedlings, fertilizers, and farming implements, as well as, machinery for farmers and also encourage entrepreneurs to go into the Aquaponics business.

The Aquaponics business essentially talks about any system that combines conventional aquaculture (raising aquatic animals such as snails, fish, crayfish or prawns in tanks) with hydroponics (cultivating plants in water) in a symbiotic environment. In standard aquaculture, excretions from the animals being raised can accumulate in the water, increasing toxicity, while in an aquaponic system, water from an aquaculture system is fed to a hydroponic system where the by-products are broken down by nitrification bacteria into nitrates and nitrites, which are utilized by the plants as nutrients, and the water is then re-circulated back to the aquaculture system.

Aquaponic Vertical Farming
Aquaponics is comprised of two parts, with the aquaculture part for raising aquatic animals and the hydroponics part responsible for growing plants; Hydroponics is simply a method of growing plants using mineral nutrient solutions in water, without soil. Players in this industry generally cultivate food crops under glass or any form of protective cover. The Aquaponics farming industry is indeed a fast growing industry and very active in countries such as U.S, Japan, China, Germany, and Singapore, etc. The companies that have dominated market share in the industry are “Nature Sweet”, “Village Farm” and “Houweling’s”. Statistics has it that in the U.S. alone, there are 2,307 registered Aquaponics farming companies responsible for employing 7,939 with revenues of $848 million annually. The industry's projected annual growth is 5.3%.



The Team


UCG Venture Partners is managed by a veteran team of Investment Professionals with deep domain expertise and a track record of success in numerous ventures. The Team also includes an outstanding group of Advisors from Technology, Real Estate Development & Venture Capital.


Seth Weiner is responsible for deal sourcing and portfolio management. Seth previously worked as an investment banker at Morgan Stanley and most recently, as a portfolio manager at a cleantech private equity firm. Some notable deals he was part of are IPO’s for Brocade Communications, Loud Cloud and UPS, as well as secondary offerings for Ford Motor Corporation, URS, and Accenture. The combined aggregate value of his Morgan deals is $1.2 billion in buy-side/sell-side transactions. At LionChase he achieved a 30% IRR on deals he sourced and managed, focused specifically on clean energy that optimized wind-based power generation and subsequent energy storage.

For the past 15 years Seth has been a featured speaker at global events; such as the silicon valley of the east Conference in Hangzhou, China, and a final panels judge for global cleantech open annual invitation summit competition. He has worked on behalf of international startups, helping them to enter the U.S. marketplace with US MAC a nonprofit business accelerator who work with socially responsible companies. 

Seth graduated from the University of California, Santa Barbara with a Bachelor of Science degree in economics and political science, as well as a Master of Business Administration from the Lucas school of business. Additionally, he is an active advisor to and has held board seats with a number of silicon valley technology companies, such as Float Cloud, Replicus Research and Isomax Inc.


Michael Gonzalez is responsible for overseeing all construction pre-development and development activities. Michael has a long history in the real estate development sector, starting at a very young age with family-owned real estate development companies. Some of his primary functions are the development of finance proposals, pro formas, feasibility studies, site development, overall construction management, budgets, project supervision, site selection, as well as working with all construction related objectives such as architects, engineers, building departments, zoning, and all other construction-related activities.

Michael has managed multi-million dollar construction projects throughout the U.S. with well over a million square feet of retail/mixed-use construction, residential, retail build out to suit, building from the ground up, and revitalization – community, destination, big box, and mall retail projects, he has been responsible for well over $250 million of commercial and residential construction work.

Michael has been in and around the construction management industry since childhood and has experience in all aspects of construction management from initial planning to finished product. He has spent his entire career finding, valuing, acquiring and developing real estate. Having worked for some of South Florida’s biggest families, he is no stranger to getting the highest quality work completed on time and under budget.




The Company

Based in Santa Barbara, CA. University Capital Group LLC. (UCG). Is a venture capital firm whose first real estate fund is mainly focused on sourcing, acquiring, and building tech-smart, upscale, modern “Student Housing and Affordable Senior Housing”. 

Modern Mixed Use Building
When possible, these communities will include mixed use retail on the first level with partner franchises such as Starbucks, Mike's Bikes, pizza and sandwich shops as well as a small organic market for residents enabling them to continue being health conscious and keeping an active lifestyle. This development style leans itself to both young and old communities alike. UCG builds projects that encompass the needs of the neighborhood as well as fulfilling their vision for the future of the community.

While our primary focus is to specialize on these 2 specific housing sectors, our "Container/Modular Construction Method" has limitless uses. Thus, we have been approached by several individuals to build commercial and affordable housing projects in the U.S. as well as abroad. We will look into these projects on an individual basis and if we determine that they fit our criteria for profitability, we will add them to our potential project list. Moving forward we want to have additional sources of revenue, as the Student Housing market will eventually become saturated with other private developers, we will focus more heavily on new construction of Affordable Senior Housing as well as continuing to find properties that can be quickly retrofitted to accommodate the current emergency needs.

Another sector that we will eventually be able to include is agriculture, specifically “Vertical Farming”. This type of agriculture allows for edible crops to be grown in any climate, anywhere in the world. Thus creating an almost limitless market for “Shipping Container / Vertical Farms”. These can be easily pre fabricated and shipped anywhere in the world. Also they can be built to any size, since each container is a micro vertical farm, by itself. This along with many other modern farming methods will get us closer to solving hunger around the world. (Explained in more detail in section Opportunity 3)

UCG was founded by two partners who have achieved success collectively and on an individual basis. It is our mission and focus to be the most disruptive option within sections of the real estate market that have the greatest need or can do the greatest good. Our tested methodology and approach to investing provide better than average IRR, principal protection and most importantly a finished product that allows our communities to remain modern and all inclusive. We believe a business that can be profitable while still serving the greater good, is not only possible, but can be preferable.






The Market

Technology now impacts everything, and higher education is no exception. For one, it has made higher education more accessible. Currently most colleges offer basic online degrees. While this seems like progress on the surface, it's being used as a band aid to mask the real problem, rising costs of higher education and a lack of available and affordable student housing.

University Campus
As universities have become more impacted, undergraduates have been given priority for on campus housing, creating a huge void of available, affordable and livable homes for graduate students. Graduate programs are the largest profit center for universities, and in order for schools to survive on a long term basis more off campus “Graduate Student Housing” needs to become available. This problem has hit California the hardest. Landlords whose property is close to a school have raised rents beyond any level that's deemed reasonable and this rate hike reflects the robust California real estate market.


In order for the “California UC” and “State College Schools” to remain elite the UC regents have enacted a mandate to provide landlords an incentive to rent to their students. A guaranteed 20 year lease with a market average per bed cost plus an annual COLA of 5% for properties that meet the high standard they have for “Grad Student Properties”. This mandate offers UCG and its investors an opportunistic area for investment while reducing our long term rent roll exposure.

Modular Container Office Building
In addition to the student housing market, there are a multitude of applications for our construction method. There is a vastly more important worldwide need for affordable housing and our "Container/Modular" construction method fits perfectly into any sector. As in any application the two major costs in construction are time & labor. Time on one hand is reduced dramatically, due to the fact that once site work begins on each project, we can simultaneously begin pre fabricating the container units in a factory setting. By the time site clearing, underground and foundations have been completed, our units have been prefabricated and shipped to the site. Secondarily, the labor force on site is reduced dramatically compared to other methods of construction, due to the fact that the bulk of the structure is the containers themselves, so most of your shell work of any building is completed by a crane operator and a handful of ground crew.

The largest market for affordable housing, is the worldwide market. Due to the fact that our basic structure is made from stacking and combining shipping containers. Prefabrication can be done practically anywhere and containers are then shipped to each development site, with all needed additional materials stored inside each container for later use. This will substantially reduce costs in shipping construction materials and make our product feasible for use anywhere in the world. We plan to use our Emergency Housing projects as a Proof of Concept, that the homelessness problem is one that can be solved, by either simply using existing structures with limited remodeling needs or using our pre fabricated container building methods.

There are endless applications for using this method of construction, such as; student housing, affordable housing, condominiums, hotels, commercial office buildings, temporary housing, vertical farming and the list goes on. Our goal is to source, pre develop and sell shovel ready financed projects to builders all over the world. As well as, to develop projects to completion and hold the asset when the scenario offers a low risk and profitable rent roll, that will give substantially greater earnings to our LP’s and sell at a later date for a multiple of the profits that would be realized by just selling a shovel ready project.

Modular Container Residential Building
Building structures out of shipping containers, may seem to be a completely new idea. However this has been done for many years, with thousands of buildings used for any number of applications. Our position is getting into this market at the perfect time. The concept has been around long enough for most of the problems that came with this type of construction to be solved, while the use of it is still relatively small to most of the world. The reality is you can build an almost unlimited type of design and the system leans itself to almost any end use structure.


We intend to take advantage of this and market ourselves as a leader in this sector of construction. In addition to the cost savings and subsequent additional profits that can be realized. This type of construction is very “GREEN” as its basic material for building is recycled shipping containers, which will give us additional benefits in marketing as well as potential grants and tax breaks, all reducing costs and increasing profitability.


Introduction


Based on forecasts for new construction driven by needs, we outline our intention to build or rehabilitate affordable and readily available senior citizen and student housing units in the coming years. If the forecasts prove accurate, the number of UCG housing units under development is expected to reach upwards of 10,000 units completed in ten years.

UCG has identified the ever increasing demand for both affordable housing for senior citizens and affordable student housing as an opportunity with some challenges. Our new building plans, which will tie in with student housing requirements, call for smaller-scale, more differentiated and more flexible housing.  Most of our properties will include a mixed use element with retail renting on the first floor and we will focus on providing shops and stores that meet the resident tenants preferences, this will be done where financially feasible. For the rest of the projects we will focus on finding select properties that fall within our criteria and mostly have been overlooked by other developers, looking to renovate 300+ room motels & hotels into permanent affordable housing. We are focusing on smaller properties that will cater specifically to either senior citizens or where location permits, student housing.

Pre Fabricated Modular Unit
With the additions of amenities mentioned, which are typically found at higher priced rentals, we are especially focusing on self-contained accommodations that will rent by the room, with shared facilities such as living room and kitchen (Common Areas). In the long term, the accommodations could also house other focus groups. In this way, the quality of all student housing in California, Florida and eventually throughout the U.S. will improve, while at the same time lowering our long term rent risks. 

Longer-term student forecasts are hard to gauge. The numbers of students and demand for rooms in our focus areas, could fluctuate strongly. For this reason, this plan not only presents the opportunities and intended investments, but also structural monitoring and risk management to remain flexible and change our “earmarked” student housing / senior housing, into condominiums for sale focusing on the Asian markets still interested in participation in a California land grab. As well as other affordable housing and developments to be built throughout the United States. 

The differentiated, flexible new buildings we have realized in recent years and the housing units now under construction illustrate the very sound, unchanged basis of our strategy: to provide quality housing that fits the housing requirements of students and predominately having them occupied by graduate students for long term use, is appealing to the managers of this fund. 

Modular Build Housing Concept
For its revenues outside of student housing, UCG which will find, acquire, develop, and either self manage or sell new build pre fabricated container based buildings or rehabilitated motel properties for use predominately as affordable housing, specifically for senior citizens. These two laser focused verticals each have guaranteed rents. For example in California, 20 year rent rolls are granted by the UC Regents and subsequent universities as well as local and state funds for use as affordable housing. UCG however, will not need to depend on the rental income from every project, for sustainability. As many of our projects are often sold to other builders, as "Shovel Ready".

This type of build is designed to target quicker more consistent returns to our LP's and fund. At the same time if we do build and need to hold the project, we rent to universities which generally speaking, have very strong financial resources and later sell at a multiple of rent roll. In part because of our aim to increase our new building projects substantially, we want to establish a rent level that will make this more profitable, while keeping rents at affordable levels. 

In the coming months we are switching in stage to new methods and material for these projects. Our focus is on sustainability, quality, function and expediency. This plan is the result of consultations with our main strategic advisors and build partners, after presenting them the general strategic framework. From these discussions, its clear that all parties are in complete agreement with the main outline and plan for the future of UCG.

This plan in its entirety will show that UCG is extremely well positioned to take on a fair share of the student housing and senior housing sectors, with our flexible and innovative building methods, partnerships with CDFI's or "Community Development Investment Banks" and relationships with local, state and federal government officials. We feel that we can accomplish our stated goals with expediency and complete our projects on time and on budget. In addition to this, UCG has also sourced and researched many other avenues of revenue to keep our LP’s overall risk as low as possible, while keeping forecasted profits at the highest levels achievable. We have devised many specialty applications for our "Shipping Container / Modular Pre Fabricated Building" technique and currently have multiple future developments in the pipeline at different levels. However due to the fallout from Covid and the ever growing need for emergency housing, we are currently focused at looking for properties that can be renovated quickly and converted into temporary senior citizen housing, that will fit the criteria for government funding.


Sincerely,
Managing Partners, 
University Capital Group