Mariner bases its investment strategy on the simple premise that high quality real estate assets in strong locations will consistently perform well over the long term. The Company has a thorough understanding of the dynamic institutional real estate industry and applies a conservative underwriting philosophy to every transaction it underwrites. The company focuses on key real estate fundamentals when analyzing potential investments in order to bring competitive returns. Mariner intends each program it sponsors to provide a true alignment of interests between the Company and its investors.

The Company utilizes a disciplined underwriting approach that focuses on:

• Capital preservation of invested funds
• Markets with high barriers to entry
• Major metropolitan markets with positive demographic trends
• Strategic locations within the respective market
• Capital appreciation upon sale of the asset