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Genesis Fund Corporation/Genesis General Partner and Management will invest in single tenant commercial properties under long-term non-cancellable leases to the U.S. Federal Government. The Fund Corporation is a self-managed, self-administered corporation that will be taxed as a corporation under U.S. federal tax laws. The Stockholders may not be subject to U.S. taxes if the Stockholders are foreign, government related pension funds.

The Fund business consists of buying and managing recently built or renovated government office properties leased to the U.S. Federal Government, acting through the U.S. General Services Administration (“GSA”), under long-term leases. The initial leased buildings to be purchased consist of two properties totaling 56,158 square feet as of December 31st, 2023. The purchase valuations are supported by the Royal Institution of Chartered Surveyors (RICS) Appraisal Reports dated December 31, 2023 of the as-is market value of the leased fee interest in the properties. These properties are 100% leased and occupied and have a weighted-average remaining lease term of approximately 10 years based on the square footage of the properties as of December 31st, 2023. The current tenants in both buildings are the Social Security Administration. The investment will purchase up to forty-nine percent (49%) of the membership units of each property through the existing, separate, wholly owned, special purpose limited liability company (“LLC”) entities. This is the highest percentage permitted under the current debt documents.

Based on the creditworthiness of the U.S. Federal Governmental tenants (full faith and credit of the U.S. Government), our policy is to use debt to finance, on average, approximately 70% of the acquisition cost of the properties. We plan to implement this policy after we have completed the acquisitions described in this prospectus. We intend to finance our future acquisitions with a combination of equity, long-term fixed-rate debt and short-term credit lines.

With the proceeds of this offering, we intend to acquire multiple U.S. Federal Government leased properties totaling approximately 500,000 square feet for an aggregate price of approximately $120 million that have a remaining average lease term of approximately 8 years based on square footage as of December 31st, 2023.

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