DESCRIPTION OF THE FIRM

BAY AREA & PACIFIC COAST DEVELOPMENT, INC. (“BAPCD, INC.”) is a California Corporation, that was incorporated: January 02, 2013, and effective as of: July 25, 2016: BAPCD, INC. is a Registered Investment Advisory Firm (the “Advisor”) with its principal place of business located in San Francisco, California and the Advisor is wholly owned by MILTON BOYD, JR. (the “Investment Advisor Representative”).

The Advisor singularly sponsors our private investment fund (the “Fund”) a Limited Liability Company [(the issuing entity) (yet to be formed)] which shall be organized under the laws of Delaware; and the Advisor offers the securities of the Fund under and pursuant to Rule 506(b) of Regulation D under Section 4(a)(2) of the Securities Act of 1933 and Section 3(c)(1) of the Investment Company Act of 1940 and Rule 205-3 of the Investment Advisers Act of 1940; and, consequently, the Fund issues Original Issue Discount-Commercial Real Estate-Backed Securities (the “Securities”) by delivering a copy of the Advisor’s most recent Firm Brochure; Firm Brochure Supplement; Private Placement Memorandum; Trust Indenture; and Subscription Agreement: The Transaction Documents to qualified client(s) who purchase the Securities of the Fund and other persons who acquire the Securities and are admitted to the Fund by the Board will become Holders of the Fund.