First paragraph, second sentence of release dated January 9, 2020, should read: New for 2020, some investors can access Fund I via various alternative investment custodial platforms.

The corrected release reads:

HUMPHREYS CAPITAL FUND I REOPENS TO INVESTORS

Evergreen real estate fund to continue focus on multifamily, industrial, office and retail sectors

Humphreys Capital, a leading real estate investment company, today announced that Humphreys Fund I, LLC (“Fund I”) has reopened to Accredited Investors, effective January 1, 2020. New for 2020, some investors can access Fund I via various alternative investment custodial platforms. The annual offering will remain open until selling out, but no later than June 30, 2020.

As it has since its 2012 formation, Fund I will continue to focus on investments in the multifamily, industrial, office and retail sectors in high-growth cities across the Southeast and Southwest United States. The investment team will seek opportunities in long-term buy-and-hold real estate in prime locations, established properties offering stabilized cash flow with potential for value-add, and infill development in proven submarkets. As of September 30, 2019, Fund I has a portfolio of 67 assets with a property value of more than $550 million. Cash distributions from the fund have increased on a nominal basis each year since its formation, and investors in the fund have experienced a 14.5% net IRR since inception. The minimum initial investment for Fund I is $500,000.

“We are pleased to launch the ninth annual offering of Humphreys Fund I,” said Kirk Humphreys, Founder and Chief Executive Officer, Humphreys Capital. “Opening the fund to investors each year helps us grow and diversify the portfolio. What began in 2012 as an investment vehicle for the Humphreys family and a few close friends is now attracting many high-net-worth individuals, family offices and foundations, who value our relationship-driven approach to sourcing off-market transactions. We thank our new and returning investors for their confidence in Humphreys Capital.”

About Humphreys Capital
Humphreys Capital is a real estate investment company that acquires, develops and operates income-producing, multi-sector properties including industrial, multifamily, office and retail. The firm’s investment and development focus is on dynamic cities exhibiting diverse growth across the Southeastern and Southwestern United States, where it specializes in privately negotiated off-market, mid-size deals of institutional quality. The multigenerational team, which has more than 170 years of combined experience, provides seasoned expertise and exposure to diversified commercial real estate for accredited and institutional investors. The firm has raised more than $330 million since inception across three funds. Visit www.humphreyscapital.com for more information.

Past performance is not indicative of future results. The information provided is for informational purposes only and should not be considered investment advice or a recommendation or solicitation of an offer to invest in any fund or security, including Humphreys Fund I, LLC (“the Fund”).

There are a number of risks associated with real estate investing. In addition, there are a number of risks associated with investing in the Fund, and those risks are outlined in the Fund’s private placement memorandum which should be read carefully and used as the offering document for any consideration of an investment in the Fund.

The Fund’s net Internal Rate of Return (“IRR”) is an annualized return calculated with the sum and timing of investors’ capital contributions and distributions to investors net of management fees, Fund expenses, and manager’s return using a terminal value as of the calculation date.