Case Investments Group will usually agree with a sponsoring real estate company as to an initial targeted raise amount, but the actual raise amount may be less or more than such targeted sum. If the amount raised falls short of expectations, then it will be up to the sponsor as to whether it wants to accept the lesser amount and look to other investor sources to make up the shortfall. If an investment opportunity is oversubscribed, then Case Investments Group will discuss with the sponsor whether Case Investments Group might receive a larger allocation to Case Investments Group investors, and if the sponsor accommodates such request then the overall raise amount will be greater than originally anticipated.
If the Case Investments Group raise falls so short of the targeted amount that the sponsor determines to reject the subscription from Case Investments Group investors, then 100% of any funds debited from investor accounts will be returned to those investors. Generally, however, since we do not debit funds until a project nears a scheduled closing date, we will know in advance of any such debit whether the investment subscription is going to be accepted by the sponsor.