CNSREIT-AR-2024 Final - Flipbook - Page 29
Additionally, errors may occur in calculating our NAV, which could impact the price at which we sell and repurchase
shares of our common stock and the amount of the Advisor9s management fee and the Special Limited Partner9s
performance participation interest. The Advisor has implemented certain policies and procedures to address such errors in
NAV calculations. If such errors were to occur, the Advisor, depending on the circumstances surrounding each error and
the extent of any impact the error has on the price at which shares of our common stock were sold or repurchased or on the
amount of the Advisor9s management fee or the Special Limited Partner9s performance participation interest, may
determine in its sole discretion to take certain corrective actions in response to such errors, including, subject to the
Advisor9s policies and procedures, making adjustments to prior NAV calculations.
If we are unable to raise substantial funds, we will be limited in the number and type of investments we make and our
ability to achieve our investment objectives could be adversely affected.
If we are unable to raise substantial funds, including in any offering of the Company9s securities, we will make fewer
investments, resulting in less breadth in terms of the type, number, geography and size of investments that we make. In that
case, the likelihood that any single asset9s performance would adversely affect our profitability will increase. Further, we
will have certain fixed operating expenses, including expenses of being a public reporting company, regardless of whether
we are able to raise substantial funds. In recent years, a growing number of third-party product distribution intermediaries
have enhanced their scrutiny of the products available or proposed to be made available on their platforms in connection
with various investment strategies, which has in many cases significantly reduced the number of products and asset
managers on such platforms, and these organizations may also require that we have established, long-term investment
