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Later that week it seems the house has a really leaky basement. The Board engaged Duff & Phelps, LLC, an unbiased international valuation advisory and corporate finance consulting agency that makes a speciality of offering real estate valuation companies, to calculate an estimated NAV and a fair worth vary of the Company’s actual property portfolio as of August 31, 2015. The Board directed its audit committee, comprised solely of unbiased directors, to evaluation Duff & Phelps’s valuation evaluation and vary of estimates and recommend an estimated NAV to the complete Board. Creative Media & Community Trust ("CMCT") is an actual estate investment belief that seeks to personal finance for beginners, operate and develop premier multifamily and inventive workplace assets in vibrant and rising communities all through the United States. His depth of experience within the residential, business and monetary markets provides Cohort with the platform to evaluate and underwrite essentially the most complex and demanding actual estate offers. David is a member in good standing of the Financial Planners Standards Council, The Society of Trust and Estate Practitioners, and the Canadian Securities Institute. This letter may comprise ahead-trying statements inside the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These statements include, however are not limited to, statements associated to the Company’s expectations concerning the performance of its enterprise and the estimated net asset worth per share of the Company’s common inventory.