EXHIBIT 12

Anthony F. Geraci (also AZ and NJ) Nema Daghbandan Kevin S. Kim Dennis R. Baranowski Melissa C. Martorella   Of Counsel Tom Hajda (MA and RI only) Mike Neue   90 Discovery Irvine, CA 92618 Tel: (949) 379-2600 Fax: (949) 379-2610 www.geracilawfirm.com

Kyle Z. Niewoehner Jacoby R. Perez Jennifer Young Steven E. Ernest Casey P. Busch Madelaine E. Ryan (also NC) Matthew B. Gunter (CT only) Darren V. Roman (also AZ) A. Nichole Moore (VA and DC only) Brianna Milligan Nazanin Javanmardi Saher Hamideh Steve Biegenzahn Adam V. Arbonies

August 22, 2023

CONCREIT SERIES LLC

1203 3^rd Ave., Suite 2200

Seattle, Washington 98101

Re:           Opinion of Counsel Securities Qualified Under Offering Statement on Form 1-A

Ladies and Gentlemen:

We have acted as special counsel to Concreit Series LLC, a Delaware limited liability company, and together with all of its series (collectively, the “Fund”) in connection with its preparation and filing with the Securities and Exchange Commission of an Offering Statement via Form 1-A (as amended or supplemented, the “Offering Statement”) pursuant to Regulation A under the Securities Act of 1933, as amended (the “Securities Act”), relating to the filing of the Offering Statement and the offering by the Fund of up to $75,000,000 of the Fund’s limited liability company membership interests in a series (“Membership Interests”).

In rendering the opinion set forth below, we have reviewed such documents and made such examination of law as we have deemed appropriate to give the opinions set forth below. We have relied, without independent verification, on certificates of public officials and, as to matters of fact material to the opinions set forth below, on certificates of officers of the Fund. As to certain matters of fact, both expressed and implied, we have relied upon representations, statements or certificates of officers of the Fund.

Based on the foregoing, and subject to the stated assumptions, we are of the opinion that, when issued in accordance with the terms of the Offering Circular, the Membership Interests will be validly issued, fully paid, and non-assessable, and holders of the Membership Interests will have no obligation to make payments or contributions to the Fund or its creditors solely by reason of their ownership of the Membership Interests.

Our opinion set forth herein is limited to the Delaware laws, and to the extent that judicial and regulatory orders or decrees or consents, approvals, licenses, authorizations, validations, filings, recordings or registrations for governmental authorities are relevant, to those required under such law. We express no opinion and make no representation with respect to any other laws or the law of any other jurisdiction.

We hereby consent to the filing of this opinion as an exhibit to the Offering Statement and Form 1-A and to any references to this firm in any prospectus contained therein. In giving this consent, we do not admit that we are experts within the meaning of Section 11 of the Securities Act or within the category of persons whose consent is required by Section 7 of the Securities Act.

All Attorneys are admitted in California unless indicated in brackets

Additional admission indicated in brackets

Our opinion is expressly limited to the matters set forth above and we render no opinion, whether by implication or otherwise, as to any other matters relating to the Fund or any other document or agreement involved with the issuance of the Membership Interests. We assume no obligation to advise you of facts, circumstances, events or developments which may hereafter be brought to our attention and which may alter, affect, or modify the opinions expressed herein.

Please feel free to contact me if you have any questions at the above contact information.