CS1031 Zero Coupon DFW Hospitality, DST

Consider the Risks
An investment in the interests involves substantial investment and tax risks, including, without limitation, the following risks:

• Past performance is not a guarantee of future results.
• The property is highly leveraged and will produce no distributions to purchasers before the disposition of the property.
• The property is 100% leased to a single tenant.
• Any default by the operator or the ground tenant will adversely affect the trust’s operations.
• The improvements have been designed for use as a hotel, which could result in substantial re-leasing costs or a lower sale price.
• The trust may suffer adverse consequences due to financial difficulties, bankruptcy, or insolvency of the ground tenant, the operator or their affiliates.
• No assurance can be given that future cash flow will be sufficient to make the debt service payments on any borrowed funds and also cover capital expenditures or operating expenses.
• No assurance can be given that beneficial owners of interests will not lose their entire investment in the trust.
• The interests are not freely transferable by the beneficial owners.
• There are various risks associated with owning, financing, operating and leasing an upscale hotel in Fort Worth, Texas.
• The interests do not represent a diversified investment.
• Beneficial owners must completely rely on the signatory trustee to collect the rent under the ground lease and the ground tenant and its affiliates to operate, manage, lease and maintain the Improvements.
• The beneficial owners have no voting rights with respect to the management or operations of the trust or in connection with the sale of the property.
• There are various conflicts of interest among the trust, the sponsor, the signatory trustee, and their affiliates.
• The interests are illiquid.
• There are tax risks associated with an investment in the interests.
• There are risks related to competition from properties similar to and near the property.
• There may be environmental risks related to the property.
• Private placements are speculative and illiquid.

Securities offered through WealthForge Securities, LLC, the managing broker-dealer for the CS1031 Zero Coupon DFW Hospitality, DST offering and member FINRA/SIPC. Capital Square and WealthForge Securities, LLC are not affiliated.

Note to prospective purchasers: None of the ground tenant, the operator, Marriott or any of their affiliates has reviewed, endorsed or ratified the memorandum or this offering or any disclosures or information regarding the operations of the property made by the trust or the sponsor in the memorandum or as part of this offering.