First National Realty Partners Lawsuit

At First National Realty Partners, we take immense pride in our 10-year track record as a responsible steward for thousands of investors in over 70 real estate transactions. Our success is a testament to an approach defined by transparency, proactive communication and our relentless pursuit of an exceptional investor experience. As your partner committed to your success, we are all on the same team.

While we celebrate our achievements, we also believe in confronting challenges head-on, with the same confidence and integrity you’ve come to expect. We want to address important updates about a recent lawsuit brought against First National Realty Partners. This legal action follows a year-long pattern of extortionary threats made by the lead plaintiff, and the meritless allegations made in the complaint by this individual and his cohorts are untrue and contrary to everything FNRP stands for. This was nothing more than a shameless attempt to extract a quick payout.

We are pleased to report that, when faced with the threat of sanctions, these individuals promptly withdrew their lawsuit. Following the withdrawal, in a separate action, First National Realty Partners filed a motion seeking sanctions against the lead plaintiff due to misrepresentations made to the Court under oath. A U.S. District Judge in Illinois has since granted that motion and held him in civil contempt for those misrepresentations made under oath. These steps underscore the fact that we will never hesitate to fiercely defend our hard-earned reputation when it is wrongly attacked.

Rest assured, meritless allegations will not distract us from our resolute commitment to safeguarding your investments and upholding the trust you’ve placed in us. Our core values of transparency, accountability, and integrity are unwavering. We are fully operational, continuing to identify and manage the high-quality assets you rely on.

We profoundly appreciate the continued loyalty and support of our investors. Your faith and confidence in us mean everything, and we are committed to pushing forward together, ensuring your investments are protected and continue to thrive. We’re excited for what we’ll achieve next, together.

Respectfully,

Andrew DeNardo

President & Head of Investor Relations