This Executive Summary is not an offer to sell or the solicitation of an offer to purchase securities in the Senior Housing Fund (the “Fund”). Any such offer or solicitation will be made by means of a Private Placement Memorandum, including without limitation the exhibits and appendixes attached thereto (the “PPM”). This Executive Summary excludes material information detailed in the PPM, including, but not limited to, risk factors. Investors should make a decision to invest solely on the information provided in the PPM [including the Limited Liability Company Operating Agreement and Subscription Agreement]. The Executive Summary includes forward-looking statements, which can include forecasts and projections, which by their very nature, are subject to certain risks and uncertainties that could cause actual results to differ materially from those projected. This Executive Summary is being furnished on a confidential basis, and may not be reproduced or distributed to others without the prior written consent of Lloyd Jones Capital. Investment in the Fund will involve significant risks, including risk of loss of the entire investment; prospective investors should consult their own legal, tax and financial advisors as to the consequences of an investment in the Fund. Investors should have the financial ability and willingness to accept the risks associated with an investment in the Fund for an indefinite period of time.