Retreat Fund Investor Summary Disclaimer

The Investor Summary is intended for discussion purposes only and is not intended to form the basis of any investment decision. The Investment Summary not an offer to sell, nor a solicitation of an offer to buy, units of Retreat Hotel Fund I, LLC (“Company,” “Fund,” “we,” “our,” “us”). Only the private placement memorandum (“PPM”) makes such an offer. This Investor Summary must be read in conjunction with the PPM in order to understand fully all the objectives, risks, charges, and expenses associated with an investment and must not be relied upon to make a decision. Please consult your personal financial professional as well as your tax and legal advisors regarding your potential investment in the Fund. Neither the U.S. Securities and Exchange Commission (“SEC”),  nor any state regulator, nor any foreign entity has passed on or endorsed the merits of the offering set forth in the PPM. Any representation to the contrary is unlawful. Any securities available for investment pursuant to the PPM are in jurisdictions where applicable securities laws permit them to be sold pursuant to an exemption from registration with the SEC or applicable jurisdiction.  

This Investor Summary may contain forward-looking statements. Forward-looking statements are based on our beliefs, as well as assumptions made by, and information currently available to, us. When used in this document, the words “believe,” “anticipate,” “estimate,” “expect,” “intend”, “target” and similar expressions are intended to identify forward-looking statements. Although we believe that the expectations reflected in such forward-looking statements are reasonable, we can give no assurance that these expectations will prove to have been correct. These statements are subject to certain risks, uncertainties and assumptions. Actual results could differ materially due to risks and uncertainties that are beyond our ability to control or accurately predict. Investors and financial professionals should not place undue reliance on any forward-looking statements. We undertake no obligation to update or revise any forward-looking statements. 

Images shown throughout this Investor Summary may be design-generated depictions and may or may not include the locations that the Fund intends to own wholly or in part, directly or indirectly. Prior performance of Retreat Hotels and Resorts LLC includes the performance of its predecessor and current affiliate, Leon N. Weiner & Associates, Inc. When considering prior performance or track record, prior performance is not indicative of future results.  

THE PURCHASE OF THE UNITS OFFERED BY THE PPM IS SUBJECT TO A HIGH DEGREE OF RISK. PROSPECTIVE INVESTORS SHOULD BE ABLE TO BEAR A COMPLETE LOSS OF THEIR INVESTMENT AND CONSIDER ALL RISK FACTORS DESCRIBED IN THE PPM, AMONG OTHERS, BEFORE SUBSCRIBING. PROSPECTIVE INVESTORS ARE URGED TO CONSULT THEIR OWN FINANCIAL PROFESSIONAL AS WELL AS THEIR TAX AND LEGAL ADVISORS REGARDING THEIR POTENTIAL INVESTMENT IN THE COMPANY.

An investment in the Fund is considered speculative, illiquid, and involves a high degree of risk, including the loss of all or a substantial amount of your investment. It is not a short-term investment. The offering is not suitable for everyone; investors are expected to meet the minimum financial suitability standards of an accredited investor as described in the PPM. Investors should not rely on the past performance of the Sponsor or its respective affiliates as an indication of future performance or returns. The Sponsor and its affiliates face conflicts of interest, including those that result from compensation and fee arrangements described in the PPM.  

Each potential investor must conduct its own due diligence and satisfy itself as to the accuracy and completeness of any information contained in this, the PPM, and other disclosure documentation. No representation is expressed, and no responsibility implied, or liability accepted, by the Fund, or any of its affiliates, or any of their respective officers, agents, or advisors, in relation to the accuracy or completeness of this document or any written or oral information made available to any interested party or its advisors.  

Some, but not all, risks a potential investor should consider include: risk of no return on investment and potential loss of entire investment, the illiquid nature of the investment and restrictions on transfer, long-term nature of the investment, forward-looking statements and projections, changes in general economic or local market conditions, inflation and deflation, rising or falling interest rates, risks of borrowing including decreases in traditional sources of debt financing, increases in taxes, climate change, events of force majeure and other unexpected events, supply shortages and delays, dependence on or shortage of staffing, vendors, and service providers, control by management and conflicts of interest, risks associated with a company with little to no operations history, unanticipated obstacles to execution of the business plan, future capital needs and potential risk of dilution, lack of portfolio and geographic diversification, increased costs of insurance, cyber security risks, significant regulation governing the Fund and changes in regulations, tax risks, and general risks of real estate investment and development, including potential environmental problems. 

Please thoroughly read the risk factors in the PPM.