The principal business address of the Reporting Person is 89 Davis Road, Suite 100, Orinda, CA 94563.

The current principal occupation of the Reporting Person is Chief Executive Officer and President of the Issuer.

During the past five years, the Reporting Person has not been convicted in a criminal proceeding (excluding traffic violations or similar misdemeanors).

During the past five years, the Reporting Person has not been a party to a civil proceeding of a judicial or administrative body of competent jurisdiction which resulted in him being subject to a judgment, decree or final order enjoining future violations of, or prohibiting or mandating activities subject to, federal or state securities laws or finding any violation with respect to such laws.

The Reporting Person is a U.S. citizen and resident of the State of California.

The total amount of funds required by Reporting Person to acquire the Shares he owns directly was $482,713.65. The total amount of funds required by MREA to purchase its shares was $260,413.30. The shares owned by MPF Successors were received as a distribution-in-kind (and as a result of the dividend reinvestment program since then) with a cost basis of $484,659.

The Reporting Person acquired the Shares for investment purposes, but is the Chief Executive Officer of the Issuer and an executive officer and board member of the general partner of MREA and MPF Successors. As a result, the Reporting Person may be asked to vote on or discuss matters related to items (a) through (j) of this Item 4 of a Schedule 13D with representatives of the Issuer and others. Except as may be set forth herein, the Reporting Person has no current intention, plan or proposal with respect to items (a) through (j) of Item 4 of Schedule 13D.

The Reporting Person's total beneficial ownership amounts to 93,582 shares of common stock, constituting approximately 5.5% of the outstanding shares of common stock of the Issuer based upon 1,714,056 shares of common stock of the Issuer outstanding as of August 19, 2025.

The Reporting Person possesses the sole power to vote and dispose of 32,151 Shares, which represent 1.9% of the issued and outstanding Shares. The Reporting Person may be deemed to share beneficial ownership of 5,569 shares of Common Stock owned by MPF Successors and 55,718 shares of Common Stock owned by MREA, as to which the Reporting Person may be deemed to share voting power and investment power as one of a number of partners. Although the Reporting Person may be deemed to have beneficial ownership of such shares of Common Stock, neither the filing of this Schedule 13D nor any of the contents hereof shall be deemed to constitute an admission by the Reporting Person that he is the beneficial owner of any of the shares of Common Stock owned by MPF Successors and by MREA for purposes of Section 13(d) of the Act, or for any other purpose, and such beneficial ownership is expressly disclaimed.

During the past sixty days, the Reporting Person acquired 9,000 shares on August 18, 2025 at $5.10 per share. As noted above, the Reporting Person also may be deemed to share voting power and investment power with respect to the following shares acquired by MREA: (i) on August 13, 2025, MREA acquired 1,000 shares at $4.92 per share and 1,000 shares at $4.91 per share; (ii) on August 12, 2025, MREA acquired 198 shares at $4.9365 per share and 1,000 shares at $4.9008 per share; (iii) on August 8, 2025, MREA acquired 2,000 shares at $4.4424 per share; (iv) on August 7, 2025, MREA acquired 7,949 shares at $4.64 per share; and (v) on August 6, 2025, MREA acquired 22,559 shares at $4.31 per share.

No other person is known to have the right to receive or the powers to direct the receipt of dividends from, or the proceeds from the sale of the Shares.

Not applicable.

There are no agreements or understandings, other than those addressed herein, between the Reporting Person and the Issuer.