CONSOLIDATED BALANCE SHEETS (USD $)	Dec. 31, 2011	Dec. 31, 2010
ASSETS
Property	$ 18,968,145
Accumulated depreciation	(352,612)
Real estate assets, net	18,615,533
Cash and cash equivalents	7,440,362	636,523
Accrued rent and accounts receivable, net	36,047
Investment in unconsolidated joint venture		1,916,719
Unamortized loan costs, net	95,153
Goodwill	249,686
Prepaid expenses and other assets	18,942	22
Total assets	26,455,723	2,553,264
LIABILITIES
Note payable	9,575,000
Accounts payable and accrued expenses	698,508	104,683
Due to related parties	908,511	355,739
Tenants' security deposits	67,006
Total liabilities	11,249,025	460,422
STOCKHOLDERS' EQUITY
Preferred stock, $0.001 par value 200,000,000 shares authorized Preferred stock - Series One, convertible, non-voting, 1,000 shares issued and outstanding at December 31, 2011 and 2010, respectively	1	1
Common stock, $0.001 par value, 750,000,000 authorized, 1,813,513 shares and 274,966 shares issued and outstanding at December, 2011 and December 31, 2010, respectively	1,813	275
Common stock subscribed		100,000
Additional paid in capital	16,902,468	2,573,210
Accumulated distributions and net loss	(1,697,584)	(580,644)
Total stockholders' equity	15,206,698	2,092,842
Total liabilities and total stockholders' equity	$ 26,455,723	$ 2,553,264