Greenwood Star Income & Growth Trust (GSREIT)

Private Perpetual-Life REIT

Delivering targeted access to directly managed
multifamily in the Southern U.S. for RIAs, Family
Offices, and Accredited Investors

Delivering targeted access to directly managed multifamily in the Southern U.S. for RIAs, Family Offices, and Accredited Investors

Common Shares

as of September 30, 2026

10.76%

annualized inception to date return1

5.89%

annualized distribution rate2

$10,924.95

current transaction price3

Who We Are

Greenwood Star is a fully integrated real estate investment manager focused on strategic multifamily investments across the Southern U.S. Guided by a disciplined, hands-on approach across the investment lifecycle, Greenwood Star has completed over 30 full-cycle investments to date.

We built GSREIT to provide RIAs, Family Offices, and accredited investors with access to high-quality multifamily in the Southern U.S. backed by our experience, our network, and our direct property management capabilities. Our objective is to safeguard wealth, provide stable income, and create lasting opportunities for capital growth on behalf of our investors.

“From our earliest clients to the growing base of investors we serve today, we are defined by the choices we make in service of those who place their trust in us.”

Lisa Li

Founder and CEO of
Greenwood Star

Our Strategy

We pursue our investment strategy in alignment with our primary investment objectives:

Protect Invested
Capital

  • Focus on assets and locations with structural demand and resilience
  • Prioritize risk-adjusted returns with prudent capital structuring
  • Proactively operate assets with integrated property management

Provide Stable
Cash Distributions

  • Target income-producing assets with consistent rental performance
  • Actively manage occupancy, renewals, and lease pricing to promote income stability
  • Control operating costs to protect Net Operating Income (NOI)

Realize Appreciation
in Asset Value

  • Prioritize markets supported by long-term demographic and job growth
  • Increase NOl through enhanced operations and revenue optimization
  • Identify acquisitions through disciplined underwriting and selective entry points

How We Deliver

1

Precision Over Scale

Disciplined capital deployment focused on shareholder outcomes, not platform size.

2

Resilient Core Multifamily Exposure

High-quality assets in growth markets attracting stable tenants and supporting durable income.

3

Direct Asset and Property Management

Hands-on asset stewardship driving operational efficiency and performance.

4

Principal Co-Investment

Meaningful principal capital invested alongside shareholders, reinforcing alignment.

5

No Selling Commissions

More investor capital preserved and deployed into income-producing assets.

  1. Reflects the total return of a share of our common stock from inception (September 1, 2024), assuming all distributions were reinvested pursuant to our distribution reinvestment plan at the SAV per share in effect on the distribution date. Returns are net of all fund expenses, are derived from unaudited financial information, and are annualized consistent with the IPA Practice Guideline 2018. SAV per share is an estimate of fair value and is not a market price. Return information is not a measure used under GAAP. Past performance does not predict future returns.
  2. Represents the most recent month’s distribution per share, annualized, divided by the SAV per share as of the date shown. Distributions are not guaranteed. 100% of our distributions to date have been funded by cash flows from operations.
  3. Represents the current SAV per share, which is the transaction price for subscriptions accepted after publication. SAV per share is an estimate of fair value, not a market price, and is rounded to two decimal places.