Sunrise Capital Investors

Invested in with this group in their SCI Fund IV. Communication has been clear and timely. K-1 delivery has met expectations and distributions so far are on schedule. Overall a very well-organized and well-run firm.

I've been in Fund 4 since December 2025, SCI has had very consistent communication and distributions of 6.8% annually have been on time and paid quarterly. Their year 1 depreciation exceeded expectations of over 90% and I like their perpetual ownership model with aligned GP/LP economics. For example, investors must receive their initial capital back + accrued pref before the GP can participate in the promote. SCI's goal is to refi the portfolio to return initial capital + pref, then investors still retain equity ownership in the fund to collect distributions in perpetuity.

I am an LP with Sunrise since 2021. I am presently invested in Fund III. I traveled to Florida to spend time with principal (GP)Brian Spear and was impressed. I have not been full cycle, however, we just received our first cash out re-fi. This amounted to approx 10.65% of the original investment. So far, quarterly distributions have hit as expected like clockwork. I am interested in their Fund V. They have seemed to go above and beyond implementing our (LP's) feedback into practice. They routinely send out questionnaires asking for LP feedback. I would note: When investing - After submitting funds you are paid as they call your capital down - not the day you wire funds . This is fully disclosed in the documents. I would also review the fees carefully. They have an acquisition fee, refi fee , etc. They do an update for the Fund in addition to a private podcast monthly. Their communication is outstanding. They have a good team on the IR side. Alex, Kelvin and Branson are all excellent. They also do an investor summit every year that is fantastic. They are in the mobile home park and parking asset space. They are a reg c investment for accredited only. I would personally invest again.

I am confident that the dynamic duo of Kevin and Brian will deliver on their projections. So far, so good - and they are transparent in their communication - giving us investors are clear understanding of how each MHP community is performing. I am now invested in Fund IV and Fund V and very excited about the performance of their parking garages!