LN and its team of advisors have become extremely skilled in evaluating the timing of the commercial apartment market in addition to identifying, acquiring, upgrading, and managing properties that generate large amounts of positive cash flow. Our philosophy has always been that an investor's profits are earned the day a property is purchased. A well-financed, low-priced property investment will, at all times, buffer market cycles and the numerous challenges that arise throughout the property's history. All of our past investments were acquired during real estate recessions or from distressed owners and financial institutions which foreclosed on these properties, thus allowing LN to optimize its strategy and deliver above-industry-average returns to its investors. Our business model – to treat investors with honesty, integrity and accessibility – has been highly regarded by investors and competitors alike. First and foremost, the financial interest of our investors always comes first. We focus on properties that will generate an annual pre-tax Internal Rate of Return in excess of 20% per year (including distributions from operations, refinancing and sale) which will enable us to make a minimum cash distribution to investors from operations of at least 8% per year. Properties meeting LN's exacting criteria are packaged into separate limited liability companies and sold to investors through private placements.