GolfGate Fund

GolfGate, LLC

2263 NW Boca Raton Blvd

Suite 108

Boca Raton, FL 33431

Contact: Uriel Rubinov

Phone: +1-561-571-1463

E-mail: ur@golfgate.com

Web: golfgate.com

Disclaimer and Confidentiality

This confidential presentation (“Confidential Presentation”) has been prepared for GolfGate, LLC (“GG”), for distribution to a limited number of parties and does not purport to be all‐inclusive or to contain all of the information that prospective investors may need or desire. No representation is made by GG as to the accuracy or completeness of the information contained herein, and nothing contained herein is, or shall be relied on, as a promise or representation as to the future performance of the investment described herein (“Investment”). Although the information contained herein is believed to be correct, GG and its principals, directors, executives, employees, subsidiaries, join-ventures, partners, contractors and affiliates disclaim any and all liability for representations and warranties, expressed or implied, contained in, or for omissions from this Confidential presentation or any other written or oral communication transmitted or made available to the recipient. This investment opportunity involves a high degree of risk. All prospective investors are encouraged to seek legal, tax, accounting, and other professional advice prior to making such investments. GG makes no recommendations regarding the appropriateness of particular investment opportunities for particular investors. Investors must rely on their own judgment and that of their advisors regarding the merits of a particular investment opportunity. This Confidential Presentation has been prepared solely for informational purposes, and is not an offer to buy or sell or a solicitation of an offer to buy or sell any security, product, service, or investment. The opinions expressed in this Confidential Presentation do not constitute investment advice and independent advice should be sought where appropriate. This Confidential Presentation is not directed at any person in any jurisdiction where for any reason the publication or availability of this Confidential Presentation is prohibited. Those in respect of whom such prohibitions apply must not access this Confidential Presentation. PH does not represent that (i) any of the materials in this Confidential Presentation; (ii) any investment services that may be deemed to be offered through this Confidential Presentation; or (iii) anything else in this Confidential Presentation, are appropriate for use or permitted by local laws in all jurisdictions. Those who use this Confidential Presentation do so of their own initiative, and are responsible for compliance with applicable local laws or regulations; legal advice should be sought in cases of doubt. Those who access this Confidential Presentation may not necessarily be able to deal directly with all or any GG entities. None of the materials or investment services at or referred to in this Confidential Presentation are available to persons residing in any jurisdiction where this would be contrary to local law or regulation. Information in this Confidential Presentation contains statements that may constitute, and from time‐to‐time Information in this Confidential Presentation contains statements that may constitute, and from time‐to‐time our management may make, “forward‐looking statements” within the meaning of the safe harbor provisions of The Securities Act of 1933. Any such statements must be read in the context of the offering materials pursuant to which any securities may be offered or sold in the United States. These forward‐looking statements are not historical facts but instead represent only our belief regarding future events, many of which, by their nature, are inherently uncertain and outside our control. This Confidential Presentation does not constitute a representation that there has not been a change in the business or affairs of the Investment since the date of preparation of this Confidential Presentation. Analysis and verification of the information contained in this Confidential Presentation is solely the responsibility of the prospective investor. Neither GG nor any of its principals, directors, executives, employees, subsidiaries, join-ventures, partners, contractors and affiliates shall be liable, in negligence or otherwise, for any loss, damage or liability suffered or sustained by anyone relying upon or acting on any information relayed, published or made available by or on behalf of GG. GG expressly reserves the right, at its sole discretion, to reject any or all expressions of interest or offers regarding an investment in this Investment and/or terminate discussions with any investor at any time with or without notice or without any liability.

Note to Prospect Subscribers: By accepting this document you agree to maintain in confidence the information set forth in this document, together with any other non-public information regarding the Company obtained from the Company or its agents, during the course of the proposed offering, and to return this document to the Company in the event that you do not elect to participate in the Offering.

WHAT

Country Club/Golf Resort Real Estate

GOLFGATE HOLDINGS, LLC has been recently organized by affiliates of GolfGate, LLC with the intent of capitalizing on the opportunities to acquire and develop various types of real estate projects that have the potential of delivering risk-adjusted returns to the investor. The Fund’s investments will be primarily on distressed and value-added residential and hospitality properties located on, or around golf courses, that can be purchased at significant discounts compared to replacement costs or current market valuations. GolfGate LLC subsidiaries include golf store, tourism, media and residential real estate sales with over 1 million active golfer database.

Entitled Land
Hospitality Opportunities
Workout Opportunities
Bulk Acquisitions
Sale-Leaseback Opportunities/Build-to-Suit

WHAT

Country Club/Golf Resort Real Estate

GOLFGATE HOLDINGS, LLC has been recently organized by affiliates of GolfGate, LLC with the intent of capitalizing on the opportunities to acquire and develop various types of real estate projects that have the potential of delivering risk-adjusted returns to the investor. The Fund’s investments will be primarily on distressed and value-added residential and hospitality properties located on, or around golf courses, that can be purchased at significant discounts compared to replacement costs or current market valuations. GolfGate LLC subsidiaries include golf store, tourism, media and residential real estate sales with over 1 million active golfer database.

Entitled Land
Hospitality Opportunities
Workout Opportunities
Bulk Acquisitions
Sale-Leaseback Opportunities/Build-to-Suit

WHY

Too many golf courses, over 1,250 in Florida alone
Most operate at a loss
Many country clubs are dated and need to be completely redeveloped
High initiation fees
High membership fees
High maintenance cost
Lower interest in the game
Country Club residents are seniors on fixed incomes
Many country club residents are willing to allow development on existing golf courses in exchange for lowering HOA fees and creating nice and inexpensively maintained parks
Many golf course owners are seniors and want to retire
Many golf course owners can’t afford to maintain, redesign, redevelop for numerous reasons
Golf course owners willing to sell low to stop the bleeding
Tangible asset Secured by mortgage deed
Collateral is insured
Collateralized below market value (equity position)
Returns are known, fixed and agreed upon Illiquid asset

HOW

Fund Investment Terms:

Up to $20,000,000
Minimum Offering $5,000,000 Minimum Offering
2,000 Class A Units
$10,000 per Class A Unit
Minimum Investment of 10 Class A Units=$100,000
15% at Subscription Agreement
Hold period 7 to 10 years
8% Preferred Return
The Manager seeks to acquire assets that are projected to:
(1) yield a return on investment of 10% to 20%
(2) achieve a multiple return on equity invested of at least 2 to 1

Fund Administration

www.FundAmerica.com

Industry Expert
Regulation Compliance
Accredited Investor Verification
Investor KYC/AML
Investor Escrow
Accounting/Reporting
Investor Transparency

WHO

GOLFGATE CAPITAL, LLC, a Delaware limited liability company (the “Manager”), is controlled by the Principals of GolfGate, LLC, a diversified golf company based in Boca Raton, Florida.

Partners:

Uriel Rubinov – Real Estate
Gary Burman CPA – Finance
Tom Sima Esq. – Legal
Michael Doron – Fund
Bobby Sina – Construction
Johan Mihkelson Ringqvist – EU Biz Dev
Michael Choma – US Biz Dev

Team:

Amanda Zhukovsky – Residential Real Estate Sales
Ludmila Rubinov – Tourism

Experience

GolfStar (Stockholm, Sweden) – 21 course, 14 club golf company with one of the courses entitled for 468 unit single family home development (Advisor 2016-Present)
Mizner Trail Golf Course (Boca Raton, FL) – entitled 255 unit, single family and townhome development (Broker/Advisor 2017)
Inverrary Country Club (Lauderhill, FL) – potential entitlement for 1,200 unit single family and townhome development (Broker/Advisor 2018)
Grand Palms Golf Resort (Pembroke Palms, FL) entitled 600 unit condo and condotel development project (Broker 2018)
Ocean Breeze a.k.a. Boca National (Boca Raton, FL) city owned golf course with proposed $18 million renovation designed by Nick Price and Tim Fazio entitled 150 room hotel/resort development (Advisor/Buyer/Sponsor 2018)

Project Potential Specific JV Partner

Concord Wilshire is a nationally recognized leader in residential, resort, and mixed-use real estate development and construction with over $9 Billion in total value of developed and acquired assets, led by their Chairman Steve Sirang. Since 1992, Concord Wilshire has been developing, constructing, and investing in distinguished real estate assets in major markets throughout the United States, including Las Vegas, Phoenix, and South and Central Florida. An award-winning company, Concord Wilshire has received an array of accolades for many of its developments throughout the nation, in recognition of its commitment to development, marketing, architectural design, and interior design. Concord Wilshire has a successful and extensive track record that spans multiple investment cycles. Most recent project includes the Diplomat Golf & Tennis Club in Hallandale, FL with approved development plans of over 1,100 units.