nextfrontier-re – Next Frontier Real Estate Holdings

Our Company About Us Our Team Brokerage Insights Contact Opportunities Markets Investor Portal Current Investors Prospective Investors Our Company About Us Our Team Brokerage Insights Contact Opportunities Markets Investor Portal Current Investors Prospective Investors More than 2 results are available in the PRO version (This notice is only visible to admin users) Everything is bigger in texas, especially the returns Newsletter written by – richard edison December 1, 2023 Austin, Texas – As the trade routes of the world opened over the past century, we now find ourselves as more of a global economy than a collection of national economies. While much celebrated, this also brings much to be feared. After a 15-year run of near-zero interest rates worldwide, nearly all markets trade at a significant multiple of where they were before the so-called Global Financial Crisis of the late 2000’s. We are now faced with what could be our first global depression – a scary proposition, indeed. With nearly all assets currently overvalued, we find ourselves asking: Where is a safe haven to allocate my assets while still achieving significant gains? $8 trillion in U.S. debt is maturing over the next 12 months. Additionally, the U.S. deficit will grow by about $2 to $3 trillion, and traditional buyers of U.S. debt remain mostly on the sidelines. We are now witnessing failed bond auctions in the U.S. Treasury market, something previously unimaginable. Globally, current inflation and interest rates are skyrocketing to the highest levels in over 15 years. Central banks’ monetary policies have caused tremendous deficits in governments throughout the world, causing massive inflation. We are looking at a tsunami of debt accumulation worldwide, with governments refusing to curb spending. Consumer debt is at an all-time high and the average principal and interest payments on 30-year fixed rate mortgages in the U.S. are up 26% year-over-year. Bankruptcies are up 30% over the 12 months ending September 30th, 2023. 60% of Canadian mortgages are set to come up for renewal within the next three years and homeowners are facing a “payment shock” unless interest rates significantly decrease, according to the Royal Bank of Canada. All nations are being forced to go deeper into debt to save their economies. In addition, the worldwide banking system is on the verge of collapse. U.S. banks alone could be grappling with at least $650 billion of unrealized losses in their securities portfolios, according to an estimate from Moody’s. U.S. interest payments on its debt are at an all-time high, per Reuters. Since 1990, home prices in Australia, New Zealand and Canada are up 532%, 602% and 331% respectively, compared to 289% for the U.S., according to Oxford Economics. Even U.S. Fed president Jerome Powell admits that the global path we are on is ultimately unsustainable. The future is bleak, but the solution is clear. Real assets will stand the test of time. There is a finite amount of desirable land in the world, and it is quickly being scooped up for future developments as populations grow. In early 2007, after selling one of the largest equity trading firms in the world, I set out to find where to safely invest money amidst the upcoming GFC. After consulting with one of the largest real estate firms in the U.S., I was directed to Austin, Texas. With a job market traditionally rooted in government and higher education, this once sleepy college town had lost a large percentage of its employment base by 2004. The table, however, was set for an economic boom of unprecedented proportions, as Austin began actively recruiting tech companies to take advantage of its low cost of doing business and highly educated workforce. Austin and the Central Texas region quickly became a destination for migrating talent. This is due to Austin’s central location within Texas and the U.S., and the fact that Texas is one of the very few zero-income-tax states in the country. In 1999, the population of Austin was 587,000. In 2015, the Austin metropolitan population surpassed 2 million. The decade ending in 2020 saw a 33% population increase. Additionally, the Austin suburbs of Georgetown, Kyle and Leander rank as the fastest growing affordable suburbs in the U.S., with growth rates since 2020 of 26.7%, 23.7% and 22.2% respectively, according to MoveBuddha. Austin is now known as “Silicon Hills,” as many tech companies have relocated operations out of high-tax, business unfriendly states like California. Texas now has more S&P 500 corporate headquarters than any state in the nation. Houston, Dallas, and Austin are now projected to be the three largest cities in the United States by 2050, with Austin’s population projected to reach over 22 million by the year 2100, according to MoveBuddha. My team and I have had tremendous success capitalizing on Austin’s explosive growth, returning 39.1% (annualized, net of fees) in our prior REBEL Real Estate Investment Fund I and 56.5% in our REBEL Qualified Opportunity Zone (QOZ) tax-qualified fund, focused on investments exclusively in rapidly expanding opportunity zones. Both of these funds comprised exclusively of assets in Central Texas and were fully liquidated in mid-2022 in foresight of the looming economic distress. Having sold all legacy assets, we began repositioning for the present opportunity with the introduction of Next Frontier Real Estate Holdings Fund I and QOZ Fund I. These newest Next Frontier funds are positioned to acquire distressed and opportunistic real estate throughout Central Texas, and have remained entirely in cash holdings since opening in early 2023. Being in an all-cash position without legacy assets affords us an unbridled agility to uncover and acquire premier opportunistic deals as they begin to unfold, in accordance with our extremely strict and disciplined underwriting standards. Our target assets include raw and undeveloped land, industrial and data centers, and medium to large size multifamily developments. These are three sectors that will continue to experience growth over the long term as large corporations, their employees, and American families continue to relocate to the region. Promising opportunities have already begun to unfold,Continue reading “December Newsletter – Everything Is Bigger in Texas, Especially the Returns”

November Newsletter – The Frog Is Starting to Boil

Our Company About Us Our Team Brokerage Insights Contact Opportunities Markets Investor Portal Current Investors Prospective Investors Our Company About Us Our Team Brokerage Insights Contact Opportunities Markets Investor Portal Current Investors Prospective Investors More than 2 results are available in the PRO version (This notice is only visible to admin users) The Frog is starting to boil Newsletter written by – richard edison November 3, 2023 Austin, Texas – In our October newsletter titled “Hunting Red October,” we warned of the upcoming tsunami of higher debt, lower profits, higher spending and the threat of geopolitical unrest. In hindsight, our warnings seemed prescient. In August of 2006, I owned one of the largest trading firms in New York by the name of Spectrum Capital Partners. At that time, we had discerned that the mortgage market was about to go into total collapse. After six months of trying to uncover the best trades to make money off of the upcoming GFC, we could not figure out a strategy that would work, and I sold the firm December of that year. In many ways, the economic build-up that we are witnessing now is similar to that in late 2006. The markets are still holding up well, though under the surface, the frog is starting to boil. In the months following three shocking bank failures, regional banks began a lending pullback of historic proportions – one that promises to persist. Silicon Valley Bank, Signature Bank and Silvergate Bank being shuttered by regulators over a three-day period in mid-March was a harbinger that we have discussed in previous newsletters that still hangs over the market today, although no longer in the headlines. We are now in the middle of a private sector recession, disguised by insane government spending. The services and personal consumption sectors are being propped up by debt. In July of this year, the personal savings rate was 3.5%, well below the pre-Covid average of 6.9%. In the second quarter of 2023, total credit card debt rose above $1T for the first time ever. This has grown national household debt to a record $17T, according to the New York Fed. Large liquidity injections are keeping markets afloat by adding stubbornly high deficit spending from the government, which is unwilling to make reductions in expenditures. In the year-to-date July 2023, the US deficit grew by $2.474T. Nominal GDP over the same period grew to about $27T, expanding the deficit to more than 9% of GDP. According to new data from the Census Bureau, the poverty rate in the United States rose by 4.6% in 2022, its first increase since 2010. The data also shows that the child poverty rate more than doubled from 5.2% in 2021 to 12.4% in 2022, and that rates also increased for ages 18 to 64 and 65+. On the real estate front, nearly $80B of commercial real estate loans were in distress as of Q3 2023, the highest volume of distress since 2013. MSCI found in its latest quarterly report that over $215B worth of commercial property debt is currently at risk of distress, whether due to upcoming maturities, slow lease-up or missed debt service payments. More than $32B of office-backed debt is currently in distress and $50B remains at risk of distress, reflecting the number of loans scheduled to mature next year without a clear path for refinancing. This time around, and unlike 2006, I have a plan. After I sold Spectrum, I asked the largest commercial brokerage firm in New York where I should put my money. They told me Austin, Texas, and it was the best investment advice I have ever received. Austin outperformed the rest of the US in median income growth in 2022, rising 12.41% to $89,415. This is compared to the national average growth rate of 8.1%. Austin’s top employers, its family-friendly environment and a strong tourism industry are seen as key factors driving this growth. After liquidating our portfolio in mid-2022, we remain entirely in cash and are seeing potential opportunities multiply before our eyes. Following our last newsletter, we saw our highest subscription rate to date, and we welcome all of our new investors. The demographics have only gotten better since I arrived in Austin 10 years ago, and the opportunity before us remains, in my opinion, the best we will see in a very long time. If you desire a safe place to put your assets with experienced, diligent, risk-averse and qualified managers, please reach out to us, as we remain ever-excited to welcome you into the Next Frontier of Real Estate Investing. Next Frontier Real Estate Holdings 4700 West Guadalupe StreetAustin, Texas 78751(512) 994-0154 Our Company About Us Our Team Contact Us Opportunities Brokerage News Investor Portal

October Newsletter – Hunting Red October

Our Company About Us Our Team Brokerage News Contact Us Opportunities Markets Investor Portal Current Investors Prospective Investors Our Company About Us Our Team Brokerage News Contact Us Opportunities Markets Investor Portal Current Investors Prospective Investors More than 2 results are available in the PRO version (This notice is only visible to admin users) Hunting Red October Newsletter written by – richard edison October 6, 2023 Austin, Texas – In the Tom Clancy novel, The Hunt for Red October, a rogue submarine Captain plunges into the depths of darkness in the sea, and cuts off all communication with its homebase, while loaded with nuclear ballistic missiles. The ensuing panic sets off alerts all over the world. The realization that one rogue officer can set off global thermonuclear war, brings about the realization of how fragile our world balance really is. The threat we face today is the combined world economy, and the fragility of all central banks globally. Central banks, essentially print money out of thin air and control the money supply in each country. Our country has run up a $33 trillion deficit and the rogue leaders of the world continue to flood markets with more currency. On Tuesday, the US added $275 billion debt – IN ONE DAY! US debt now totals $33.442 trillion after hitting $33 trillion only two weeks ago and is on pace to rise by $1 trillion a month according to Zero Hedge. If you think you’ve seen inflation, you haven’t seen anything yet. 30-year US mortgage rates broke 8% on Thursday. This yield surge will send banks unrealized losses, $140 billion higher to a record $700 billion. The bond market bloodbath has begun. Overnight UK’s Metrobank was halted after the market became aware that the bank was trying to raise £600 million in debt and equity. Expect US regional banks to follow. Here are a few statistics that stand out; housing affordability in the US is the worst on record, per the NAR. The WTO warned of a “broad-based” global trade slow down, slashing forecasts. Credit card delinquency rates are up over 50% from a year ago. The median household income last year was $74,580 compared with $76,330 in 2021, according to the census bureau. This 2.3% drop in incomes was the highest since 2010, and the third straight annual decline. Blackstone’s massive CRE REIT recorded 11 straight months of outflows. WeWork has stopped paying interest payments on its debt. Iraq will fully de-dollarize all cash transactions by year end. US research firm Challenger reports September job cuts rose 58% year over year. More rental buildings are expected to open over the next two years than at any time since the 1980s. This huge supply of new housing is coming into a market with banks that are not lending and borrowers who are not spending. The ensuing result is infinitely predictable. Oversupply, tightening credit, and lower spending will lead to opportunity for those who remain in cash. At Next Frontier we liquidated our entire portfolio in mid 2022 and have remained in cash since. In addition to our existing cash portfolio, we are receiving indications of interest for future investment, and will be deploying when the time is right. I can tell you that in my 35 years in these markets, I believe there will never be a better buying opportunity than one the one we are about to see. Please request our brochure and/or schedule an appointment to discuss the Next Frontier of Real Estate Investing by clicking the link below. The time to take action is now, and the place to invest is in real assets. Let us show you how the demographic situation in Texas will translate into profits, where to invest, and what to buy. Next Frontier Real Estate Holdings 4700 West Guadalupe Street Austin, Texas 78751 (512) 994-0154 Our Company About Us Our Team Contact Us Opportunities Brokerage News Investor Portal

September Newsletter – The Fallout of Bad Policy

Our Company About Us Our Team Brokerage Insights Contact Opportunities Markets Investor Portal Current Investors Prospective Investors Our Company About Us Our Team Brokerage Insights Contact Opportunities Markets Investor Portal Current Investors Prospective Investors More than 2 results are available in the PRO version (This notice is only visible to admin users) The fallout of Bad Policy Newsletter written by – richard edison September 1, 2023 Austin, Texas – “Democracy never lasts long. It soon wastes, exhausts, and murders itself. There was never a democracy yet, that did not commit suicide.” – John Adams, 1814 In 2022, the federal government shelled out $476 billion in interest payments on our national debt, and is projected by the Congressional Budget Office to pay $640 billion by the end of this year. What’s more, the CBO projects this outlay to reach $739 billion by 2024 and nearly double to $1.4 trillion by 2033. Today’s dollar would be worth 14 cents in 1972. Remember, inflation cannot be reversed. There are five times as many dollars in circulation now than there was in January 2020. Think about that – a five-fold increase in the money supply. This results in you having to pay 18% more for the things you buy today. So, where can I put my money to counter inflation? Most experts would suggest real estate or precious metals. These are the assets that historically hold value during inflationary periods. Today, the average 30-year fixed mortgage is 7.23%, compared to 3% a year ago. Heavily indebted companies are paying higher interest rates alongside increasing wage inflation. Moody’s trailing 12-month default rate for lower-rated debt rose from 1.4% to 3.8%, with next year being forecast at 5.8%. If economic conditions continue to deteriorate, Moody’s expects this default rate on low-rated debt to rise to 15.6%. As interest rates increase, so will the default rate. I would expect to see problems with leveraged loans first, followed by junk bonds, which are still priced for perfection at a 2.5% spread versus US Treasury bonds. Over the past 20 years, this spread has averaged 4%. After spending $10 trillion on Covid relief, we came to find out that 90% of PPP loans (over $800M) were never paid back. Plus, at least $600 million of Covid relief was lost to fraud or embezzlement. But hey, at least 493 new billionaires were created during Covid. In reality, most got poorer, and the hangover has yet to begin. We cannot counter the effects of spending with more spending. Let me paint a picture of what I see – Here in the US, Newmark reported that $1.2 trillion in CRE debt is “potentially troubled.” So far, 2023 has seen the lowest demand for mortgages since 1996, with the average mortgage payment having doubled since pre-pandemic. Credit Suisse and JPM have decided not to open new real estate funds, while Blackstone REIT paid out only 34% of redemption requests in July. Abroad, China reports that foreign investment is down over 50%. Since the Global Financial Crisis of 2008, the CCP has allowed city and provincial governments to take $9 trillion worth of off-balance-sheet debt to build roads, bridges, water plants, and high-speed rail that drove eye-popping growth. Evergrande, China’s largest homebuilder, reported a combined loss of $81 billion for 2021 and 2022. Are you seeing this global trend? Each day, we at Next Frontier review a report on domestic bank loans that hit the “watchlist”. For the past year or so, the daily number of loans moving into the danger zone has fluctuated between 10 and 35. Last week, that number crossed 100 for the first time this year. Yesterday (8/31), a whopping 958 more loans hit the watchlist with an additional 66 headed to special servicing. Do you see the picture? While earning 4% on a CD or savings account may seem like a great investment right now, keep in mind that as long as the interest rate is below the rate of inflation, your return is negative. As a reminder, we have liquidated all prior property holdings and are patiently awaiting our next opportunities. If you are interested in capitalizing on opportunistic and distressed real estate investments, please click the button below to register for our deal room. As we identify potential acquisitions, we will inform you concurrently to gauge your individual interest in each. We wish you a great Labor Day weekend, and we look forward to welcoming you on our journey into the Next Frontier of Real Estate Investing. Next Frontier Real Estate Holdings 4700 West Guadalupe Street Austin, Texas 78751 (512) 994-0154 Our Company About Us Our Team Contact Us Opportunities Brokerage News Investor Portal

August Newsletter – The End of Trust

Our Company About Us Our Team Brokerage News Contact Us Opportunities Markets Investor Portal Current Investors Prospective Investors Our Company About Us Our Team Brokerage News Contact Us Opportunities Markets Investor Portal Current Investors Prospective Investors More than 2 results are available in the PRO version (This notice is only visible to admin users) The End of trust Newsletter written by – richard edison August 4, 2023 Austin, Texas – Over the past several years, we have seen a major downturn in the trust American citizens have in public and private institutions. The numbers are alarming. Recently, Gallup, an American analytics company, recorded significant declines in public confidence in 11 of the 16 institutions that it tracks. Not surprisingly, small businesses enjoy the most public trust, even after our government did everything possible to try to destroy them during the pandemic. The institution that saw the largest decline in public confidence was the Presidency, and the lowest confidence rate of all institutions was Congress, at 8%. The average confidence rate among all tracked US institutions stood at 26%, an all-time low. Even the view of our military has dropped significantly in the eyes of the public. As we pointed out, tongue-in-cheek, in our last newsletter, all is not well. While the stock market continues to hit new highs and companies consistently outpace new job estimates, it’s easy to be lulled into a state of complacency. However, for the second time in our nation’s history, our credit rating has dropped below AAA. The impact of the debt downgrade will result in higher yields, which means higher interest and expenses, leading to an even greater deficit. The last time our debt was downgraded was in 2011, when our national debt was under 70% of GDP. Now, it is estimated to be at 118% of GDP by 2025. For comparison, the median AAA-rated country has a debt balance of 39% of GDP. Fitch, the credit rating company that downgraded our national debt, sees a “steady deterioration” that could suggest even further rating downgrades to come. Fitch cited 20 years of deterioration in fiscal and debt matters and an annual budget deficit 170% higher than the year before. The last time our credit rating was downgraded, the powers that be ensured that the CEO of Standard & Poor’s, the company that downgraded the debt, was fired within 18 days of the decision. I would hate to be the President of Fitch right now. I have been around for several economic cycles now and I can tell you how the deterioration happens: gradually and then suddenly. We have warned in past newsletters of the vulnerability of the banking system. With this new rate hike and the pressure to raise bank reserves by 16%, our banking system is far more constrained than most care to admit. Currently, we are in the “gradual” phase. My advice would be to have a game plan before the “sudden” phase arrives and all begin to scramble at once. Our game plan consists of locating prime real estate opportunities in the fastest growing area of the country – Central Texas. With construction well underway on Samsung’s $17 billion chip plant, the expansion of Tesla’s Giga Texas, the recent announcement of a 50 million SF industrial megasite just outside of Austin, and dozens of other projects, we are confident that we are in the right place. Georgetown, Kyle and Leander, all suburbs of Austin, are three of the fastest growing cities in the US and three of only four with double-digit population growth rates. The demographics are on our side, and we are slowly beginning to see opportunities arise. We sit 100% in cash after returning all investor money with healthy profits in our past two funds, and we are hungry for our next opportunity. As the stability of our economic foundations continue to deteriorate and public confidence wanes, do not be caught without a game plan. For this reason, we invite you to join us on our journey into the Next Frontier of Real Estate Investing. Next Frontier Real Estate Holdings 4700 West Guadalupe StreetAustin, Texas 78751(512) 994-0154 Our Company About Us Our Team Contact Us Opportunities Brokerage News Investor Portal © 2023 Next Frontier Real Estate Holdings, LLC. All Rights Reserved.

July Newsletter – All Is Well…Remain Calm

Our Company About Us Our Team Brokerage News Contact Us Opportunities Markets Investor Portal Current Investors Prospective Investors Our Company About Us Our Team Brokerage News Contact Us Opportunities Markets Investor Portal Current Investors Prospective Investors More than 2 results are available in the PRO version (This notice is only visible to admin users) All is well … Remain Calm Newsletter written by – richard edison July 7, 2023 Austin, Texas – Happy Independence week! Here in the US, we celebrated with fireworks, family and fun for what is my favorite holiday of the year. Upon returning to the office, we were treated to some encouraging economic news on the latest job numbers, despite the Fed Chairman’s warning that interest rates will continue to rise (albeit at a slower pace). ISM manufacturing numbers held steady and construction spending came in well over expectations. So, is all back on track? Recently, the Deputy Managing Director of the IMF, Gita Gopinath, gave a speech to the European Central Bank Forum warning that it may be impossible for Central Banks to raise rates high enough to actually end inflation. Gopinath warned that there are three uncomfortable truths about the current inflationary environment that have surprised Central Bankers: Entrenched Inflation Despite the most aggressive rate hikes in 50 years, core inflation has not improved. Weak Banks We have seen more bank failures in six months (in dollar terms) than the entire 2008 crisis. Governments, so far, have mostly been able to bail out interest rate hits on banks. Increased borrower defaults may amplify these bailouts to the point that the bailouts themselves will start generating fresh inflation pressure. Their solution: Let the entire banking system die, or print even more money, thereby creating even more inflation. Potential Structural Decay Gopinath warns of “…structural changes affecting aggregate supply that could lead to larger and more persistent shocks.” In other words, the major economies of the world have become permanently weaker. Why is this happening? Soaring regulations have crushed producers and the government stimulus has drained resources from productive businesses, while funding corporate competitors who can afford to lose money. Altogether, this hinders the small and mid-size businesses who actually grow the economy. For example, you could shop at Walmart or Amazon during the pandemic, but you could not shop at your local family-owned store. According to Morgan Stanley, over $1.5 trillion of commercial debt will come due by the end of 2025. Will these businesses be able to pay higher rates on new and existing debt? For many, it is highly unlikely. In the interim, we at Next Frontier remain positioned in 100% cash, waiting hungrily for these distressed market opportunities. Our team has access to every commercial property loan in the nation and we are able to see the deterioration happening within the long portfolios of many banks. Every day, our team scours our local markets, and will continue to do so until the opportunities become lucrative enough for us to pounce on. We look forward to serving as your guides through the incredible opportunity that lies ahead. Please reach out to a member of our team to explore our prior portfolio success and learn how our funds are designed to thrive on the road forward. Next Frontier Real Estate Holdings 4700 West Guadalupe StreetAustin, Texas 78751(512) 994-0154 Our Company About Us Our Team Contact Us Opportunities Brokerage News Investor Portal © 2023 Next Frontier Real Estate Holdings, LLC. All Rights Reserved.

June Newsletter – Smoke, Mirrors, & Asset Bubbles

Our Company About Us Our Team Brokerage News Contact Us Opportunities Markets Investor Portal Our Company About Us Our Team Brokerage News Contact Us Opportunities Markets Investor Portal More than 2 results are available in the PRO version (This notice is only visible to admin users) smoke, mirrors & asset bubbles Newsletter written by – richard edison June 5, 2023 Austin, Texas – On December 31, 2006, my fund and its three SEC Broker/Dealers, Spectrum Capital Partners, liquidated all holdings and returned all capital to investors. We had outperformed the market eight years in a row. What followed was a multi-year train wreck that was “fixed” by the Federal Reserve bailing out banks and insurance companies. Solving the illiquidity crisis in 2009 saved the banks from losing money at the cost of burdening the economy with enormous debt. In mid-2022, my prior real estate investment fund, REBEL Realty Investments, liquidated all holdings and returned all funds to investors, once again, with market-beating returns. We have witnessed a 15-year bull run in real estate, unprecedented in its size and scope. Quantitative easing and continued bailouts (as we saw for the well-heeled depositors at Silicon Valley Bank) have permeated our economy for over 13 years. Asset managers shift assets regularly, so what is new this time? We are currently seeing the consequences of the mother-of-all asset bubbles. The combined assets of the three latest bank collapses – SVB, Signature Bank and First Republic – were greater than the all the assets during the Lehman Brothers collapse, in which many more banks were dissolved. But nothing to see here, right? No headlines, no concern. Here are the facts: Our US Treasury market, the $22 trillion bedrock of the global financial system, is jeopardized by $32 trillion in debt and will be adding $4 trillion more this year. Yield shifts on government bonds have become greater since global Central Banks began ramping up rate hikes to tame inflation. Moody’s cut our banking system’s rating to negative from stable. Mortgage rates have now spiked over 7%, and the Fed is poised to raise again. The 13-year bank arbitrage game of obtaining higher rates through longer-term T-Bonds was effectively “free money,” as banks borrowed from the government at zero or near zero interest rates. We are at the end stage of the biggest asset bubble in history, so where is my money safe? With $2.5 trillion in loans coming due at higher rates in the next few years, we will be seeing defaults at an unprecedented scale, especially in the CMBS sector. Next Frontier has been preparing for this environment for the past year and we are monitoring the commercial loan market on a daily basis. Our funds are completely in cash, and we remain poised to take advantage of these upcoming opportunities through asset purchases, loan purchases, and recapitalization strategies that keep existing owners in their properties. The time to act is now. Once again, we cordially invite you on our journey into the Next Frontier of Real Estate Investing. Next Frontier Real Estate Holdings 4700 West Guadalupe StreetAustin, Texas 78751(512) 994-0154 Our Company About Us Our Team Contact Us Opportunities Brokerage News Investor Portal © 2023 Next Frontier Real Estate Holdings, LLC. All Rights Reserved.

May Newsletter – “A Dire Situation”

Our Company About Us Our Team Brokerage News Contact Us Opportunities Markets Investor Portal Our Company About Us Our Team Brokerage News Contact Us Opportunities Markets Investor Portal More than 2 results are available in the PRO version (This notice is only visible to admin users) “A Dire situation” – elon musk Newsletter written by – richard edison May 1, 2023 Austin, Texas – In a recent interview, Elon Musk weighed in on the impending banking crisis: “There is serious danger in the global banking system … If [banks] had to mark to market their portfolios, the entire banking industry would have negative equity … It’s not merely that the canary in the coal mine has died, the miners are starting to die, too.” This week, we learned that First Republic Bank was placed into receivership by the FDIC and its assets auctioned. This is the 2nd largest banking collapse in U.S. history. We have watched Silicon Valley Bank, Signature Bank and Credit Suisse all fail, yet the market ignores it. “We haven’t seen the shoe drop yet, it’s more of an anvil than a shoe. That will become a very serious thing late this year, in my opinion,” Musk says. It is time to diversify away from banks and market assets. Whether you are a long-term client of our firm, or just hearing from us for the first time, we have been saying this for over a year and have created two vehicles to avoid the crisis. Our track record is impeccable, and we liquidated our last portfolio last year with tremendous profits because we saw this distress coming down the road. Additionally, we are the SperryCGA affiliate in Austin and a member of Sperry’s Commercial Property Resolution (CPR) team which enables us to perform loan workouts with banks and owners of distressed commercial properties. What this means is Next Frontier Real Estate Holdings Fund I and Next Frontier Real Estate Holdings QOZ Fund I (for tax qualified assets) are perfectly positioned for this scenario. We carry no legacy assets and have no loans or debt. Our vision is that the one asset that will hold its value through what is about to happen is unencumbered real estate in areas of demographic growth. Our new funds are accumulating a “war chest” to find and strategically acquire underpriced real estate, and assets backed by real estate. With 30+ years of experience managing large investment portfolios in various asset classes, we feel that this opportunity will be one of the best that we will see in our lifetimes. Our knowledge of the Central Texas real estate market is proven, and we continue to build relationships with local and regional banks looking to offload distressed assets. Please join us on our journey into the Next Frontier of Real Estate Investing. If you would like more information on our funds or would like to explore our track record of outstanding returns, please inquire through the Contact Us page or visit our public deal room here. Next Frontier Real Estate Holdings 4700 West Guadalupe StreetAustin, Texas 78751(512) 994-0154 Our Company About Us Our Team Contact Us Opportunities Brokerage News Investor Portal © 2023 Next Frontier Real Estate Holdings, LLC. All Rights Reserved.