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Elizabeth Pagliarini Joins expert panel to DISCUSS VALUE IN THE REAL ESTATE MARKET IN 2021

LAKE FOREST, Calif.–On Thursday, August 27, 2020 Elizabeth Pagliarini, Chief Operating Officer and Chief Financial Officer for Summit Healthcare REIT, Inc (“Summit”) participated in Marsh & McLennan’s Real Estate Panel Featuring Jerry Nickelsburg, UCLA Anderson School of Management Lead Economist, to discuss value in the Real Estate Market in 2021. Ms. Pagliarini joined other expert panelists who have led successful investment strategies through every phase of the real estate cycle. They dispelled some myths perpetuated by the media, unpacked information relevant to current pricing analysis and discussed ways they see their segments changing to meet future public demand.

A full recording of the session is available at https://youtu.be/0s9BON693wU.

About Summit Healthcare REIT, Inc.

Summit is a publicly registered non-traded REIT that is currently focused on investing in senior housing real estate located throughout the United States. The current portfolio includes interests in 57 Senior Housing facilities in 14 states. Please visit our website at: https://czq.ifs.mybluehost.me

For more information, please contact Chris Kavanagh at (800) 978-8136.

This material does not constitute an offer to sell or a solicitation of an offer to buy Summit Healthcare REIT, Inc.

This release may contain forward-looking statements relating to the business and financial outlook of Summit Healthcare REIT, Inc. that are based on our current expectations, estimates, forecasts and projections and are not guarantees of future performance. Actual results may differ materially from those expressed in these forward-looking statements, and you should not place undue reliance on any such statements. A number of important factors could cause actual results to differ materially from any forward- looking statements contained in this release. Such factors include those described in the Risk Factors sections of the Company’s annual report on Form 10-K for the year ended December 31, 2017, and the quarterly reports for the periods ended March 31, 2018, June 30, 2018, and September 30, 2018. Forward-looking statements in this document speak only as of the date on which such statements were made, and we undertake no obligation to update any such statements that may become untrue because of subsequent events. We claim the safe harbor protection for forward-looking statements contained in the Private Securities Litigation Reform Act of 1995.