Subsequent Events

9 Months Ended

Sep. 30, 2011

Subsequent Events

Note 11 – Subsequent Events

The Company has performed an evaluation of subsequent events through the date the Company’s consolidated financial statements were issued.  No material subsequent events, other than the items disclosed below, have occurred that required recognition or disclosure in these financial statements.

Status of the Offering

For the period October 1, 2011 through October 31, 2011, the Company sold approximately 53,882 shares of common stock for gross proceeds of $519,348 including issuances through its distribution reinvestment plan

Distributions Paid

Distributions Declared Daily For Each Day in Month Listed	Date Paid	Total Distribution		Cash Distribution		Dollar amount of Shares Issued pursuant to the distribution reinvestment plan
September 2011	October 1, 2011	$	50,329	$	31,923	$	18,406
October 2011	November 1, 2011	$	54,567	$	34,171	$	20,396