The investment seeks to provide stable income to the investors through the payment of cash distributions; to preserve and return the investors' capital contributions and to maximize risk-adjusted returns on the investors' investment. The fund's manager intend to use the net proceeds from the sale of K-I Shares, K Shares and K-T Shares in this offering and other sources of debt and equity financing, including the net proceeds of any future private placement or public offering the managers may pursue, to invest in a diverse portfolio of real estate investments located throughout the United States, primarily in the hospitality sector.