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Firm Capital Apartment REIT Announces $26 8 Million Houston

Firm Capital Apartment Trust Reports 2020 Results and Increased NAV to $9 84 Per Unit

93% RENT COLLECTIONS: Since the beginning of Q4/2020, the Trust has received approximately 93% of its expected rent and is actively either collecting the remaining rent or working with tenants who require assistance; 100% RETURN OF CAPITAL ON 2020 DISTRIBUTIONS: The Trust’s distributions for 2020 were tax efficient to unitholders as it delivered a 100% return of capital. The 100% return of capital is in excess of the 85% projected when the Trust converted from a Corporation at the beginning of 2020; INCREASED NAV BY 13% CAGR TO $9.84 PER TRUST UNIT: Since Q3/2017, the Trust has increased NAV from $7.85 per Trust Unit to $9.84 per Trust Unit for a +13% Compounded Annual Growth Rate (“

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