This offering is a tokenized loan for the purchase of a Class-A resort bungalow in Buenaventura, the most coveted resort in Panama. As a tokenized loan, it differs slightly from RealT’s equity offerings.

The offering is a 5-year loan. The expected annual income to token-holders is 10.00% for the first year, as RealT has waived its Platform Fee to start. After the first year, the expected income will become 9.80%.

Payments of interest on the Note are anticipated to be made to Note holders on a weekly basis, in the form of a distribution, and applied at the rate of interest specific on the Note Listing. Payments of principal will be made to Note holders according to their pro rata share of RealTokens, subject to the terms and limitations of a two (2) year “lock” period (the “Lock”) during the Term, at the discretion of the Board of Directors. After the Lock lapses, in the third year of the Term, the Borrower will have an “option” period which will be open during the same month of the original purchase of the Underlying Note (hereafter referred to as “Option Repayment Month” or “Month”). During this Option Repayment Month, the Borrower may select the percentage of the Underlying Note they want to pay down for the remainder of the Term, which may be all or partial percentage of the balance. If the Month is missed, the Borrower may have an option to repay in another month but will be charged the running year’s remaining interest until the designated Option Repayment Month. The Borrower may also pay the balance within the Lock but the Borrower will be responsible for the interest for the Lock period. As repayments are done, the Company anticipates that it will burn the equivalent percentage of RealTokens across all the Note holders who hold Notes at the time of payment. An Addendum will be issued to Noteholders by year-end relating to any bonus distributions.

The property serves as collateral in the event of nonpayment.