• Targeting 7% to 8% APY

• Quarterly distributions

• Backed by real estate assets

• Redemption after 12-month lock-up

• Five year term fund

Yield

Yield

Yield seeks to generate interest income from its investment strategy. This interest income will be distributed quarterly to investors at a targeted 8% APY. Yield will offer investors a manager-guaranteed base yield of 7% to 8% (see Classes).

Early Investor Incentive: Classes

Note: If free cash flow from operations is insufficient to timely make the Manager Guaranteed Minimum Yield Distributions, the Manager will contribute funds to ensure all Manager Guaranteed Minimum Yield Distribution obligations are met. See Offering Memorandum here, for full details.

Investing in: Home Equity-Backed Notes

HEI borrowers will utilize these Notes to increase their deployable capital available and grow their volume of home equity investment agreement assets owned.

Investing in: Short-term Mortgage Notes

The Mortgages will be secured by a deed of trust or mortgage type of lien, filed with the county clerk of the specific property’s county. Upon any event of default, the Company may foreclose on the Collateralized Mortgage Assets.

Yield is managed by Cityfunds Yield Manager, LLC (the “Manager”), a joint venture between Cityfunds Manager, LLC, and JM Yield Management, LLC. Cityfunds Manager, LLC also serves as the manager for Cityfunds I, LLC, each Cityfunds Series LLC, and Cityfunds Portfolio Fund, LLC (the “Cityfunds family of funds”).

The Manager and the Cityfunds family of funds are uniquely well suited to be Yield’s source of underlying residential real estate investments because of their unprecedented ability to provide access to the $20+ trillion home equity sector of the residential real estate market. Home equity investment agreement assets are sourced through a targeted strategy, rigorous diligence processes, an experienced team, and a commitment to transparency with all stakeholders.

Historically, investors have not been able to access the home equity sector due to the lack of institutional-grade assets and the absence of a publicly available private real estate fund that has this type of deal flow. Nada, through its wholly-owned subsidiary Nada Loans, LLC, is capable of sourcing and originating home equity investment agreements (referred to as “Homeshares”) through its in-house licensed mortgage brokerage origination and underwriting team.

Nada supports Cityfunds and its investors through a two-stage, bottoms-up approach to mitigating risks. First, is our asset selection framework for home equity investment agreements. Second, we build investor protections directly into the home equity investment contract. Nada’s secured equity position comes with certain rights and protections and allows them to intervene and protect the interests of all equity holders in the underlying property.

Downside Protection: Home equity investment agreements are made with an average 10-15% discount to the home’s appraised value, protecting investors from home value declines and prepayments.

Secured Interests: Home equity investment agreements are secured and recorded with a Deed of Trust /Mortgage, typically behind the primary mortgage and above the homeowner (like a HELOC).

Structured Payouts: Homeowner payouts triggers established within the contract, most commonly by liquidity-driven transactions, such as a home sale or cash-out refinance.

Protective Covenants: Homeowner retains ownership—and must maintain and keep the asset unencumbered.

Right of First Refusal (ROFR): Contracts have a ROFR clause to protect against below-market transactions.

Quality Credit & Collateral: Most homeowners use their cash to reduce debts, improve their credit profile, and invest in their homes.