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Austin New Construction & Proposed Multifamily Projects 4Q18

ID PROPERTY UNITS 119 Travis Flats 146 126 Whisper Valley 100 1 Hanover Oak Hill 370 127 Western Springs 72 2 Lyndon at Springtown, The 233 128 Vista Bella 72 129 8 Alta Tech Ridge 230 9 500 North Creek 310 Total Planned 11,432 11 10 Springs at Sunfield 256 129 Seven Strand 300 27 11 Kaia Pointe 102 130 Cross Creek 349 12 Palo Verde 296 131 Lakeline Gardens AA 190 35 13 Overture Arboretum 184 132 Lakeline Mall & Lyndhurst 373 14 Flatiron Domain 372 133 Leander Crossing 400 65 15 Broadstone Burnet 352 134 North Creek 259 16 Flora 194 135 Stonehaven 110 17 Creekside on Parmer Lane 300 136 Bass Pro Drive 500 50 19 Braxton, The 52 137 Auro 100 212 24 66 20 Santal Phase II, The 212 138 Shepherd Mountain 275 69 213 214 136 22 Travis at the Lake 312 139 9828 Great Hills Trail 372 115 28 30 23 Legacy 83 140 West Pickle 100 130 72 24 Sarah, The 270 141 Alexan Breaker 200 68 25 Walnut Park 283 142 North Gateway Plaza 300 70 9 135 26 Affinity at Southpark Meadows 163 143 Oaks at Techridge West & East, The 458 215 218 27 Merritt Heritage 244 144 Parmer 8 1,000 131 132 28 Park at Crystal Falls Phase II 238 145 Canova Palms 58 217 73 43 42 29 Terra 372 146 Burnet Road 299 36 30 Ace, The 330 147 Crestview Highline 99 216 71 137 220 67 79 74 31 Haven at Thorpe Lane 183 148 Lamar at North Loop 209 232 219 23 149 Sixty Five 52 143 60 Total Lease-Up 5,941 128 75 116 59 150 Tech Ridge Residences 312 76 144 37 78 32 Riverbend, The 400 13 44 151 Aura North Lamar 286 14 77 33 Garza Commons 369 114 141 63 152 Highland Mall Phase IV 510 139 140 8 34 McCarty Commons 249 190 Granada Ridge 550 53 25 80 15 142 35 Carroll at Rivery Ranch 360 191 Santal Phase III, The 1,412 150 22 146 38 36 Hollybrook Ranch 336 192 Village at Spanish Oaks, The 800 209 138 117 221 17 229 37 Santa Clara 308 193 Hays Common 50 81 46 38 Davies Ranch Village 360 211 112 194 Lenox Springs Phase II 260 149 147 152 39 Park at Estancia, The 320 210 196 Green 2,500 145 82 40 Concho Commons 310 197 Community First Village 100 55 118 111 41 Fitzroy 176 198 Eastridge 300 192 16 151 42 Elizabeth at Presidio, The 373 199 Velocity Crossing 893 43 Lakeline Crossing Phase II 203 148 200 Belterra Village Senior Housing 200 19 126 44 Domain Block L 182 197 201 Blanco River Walk 312 119 228 45 Lenox Oaks 356 202 Centerpoint Road & South Old Bastrop Hwy 300 20 46 Flats at ShadowGlen 248 203 Emli at East Village 210 191 47 Nightingale at Goodnight Ranch, The 174 204 Lindsey Hill 164 1 45 48 Savoy at San Marcos, The 140 205 Peques Street 200 190 196 12 33 49 Cheatham Street Flats 120 206 Trace 850 199 50 Trailside Oaks 105 207 Yarrington 200 106 53 Maravilla at the Domain 142 200 32 208 Merritt Starlight 80 127 230 109 55 Highland Mall Phases II - III 390 209 Attiva Lakeway 210 59 Lenox Ridge 350 29 210 Lakeway City Center 214 26 198 60 Ballantyne 94 211 Oaks at Lakeway, The 350 110 107 194 63 IO at Tech Ridge 351 212 East Street Village 110 47 64 Hunters Crossing 182 213 Emli at Leander 60 193 Total Under Construction 6,598 214 Leander Place 70 39 65 Wolf Lakes Village 1,000 215 Merritt Lakeline Station 200 64 66 Rabbit Hill 168 216 Pointe at Brushy Creek, The 150 67 Caliza 270 217 Merritt Estates 300 10 68 Indigo Ridge North 1,050 218 Villagio at Forest Creek, The 110 69 Northline 300 219 Merritt Cornerstone 200 70 Quest Village 333 220 Pointe at Mirror Lake, The 150 71 Davis Springs 262 221 Powell Lane 258 72 Balcones, The 238 228 Indian Hills 100 229 Merritt Manor 146 231 73 District, The 900 208 74 Stone Hill Luxury 200 230 Merritt Headwaters 80 75 Asian American Cultural Center 100 231 Residences at Kyle 128 76 Modera Domain 354 232 Merritt Retreat 80 77 Davenport Place 236 Total Prospective 19,408 207 78 Edenbrook Ridge 336 201 79 Elliott, The 272 LEGEND 80 Newington 288 81 Crestview Station Phase VI 147 Lease-Up 205 31 82 Pearl, The 383 Under Construction 40 2 106 Saint Mary, The 240 204 113 Planned 107 Manchaca Commons 240 49 109 Terra II 200 Prospective 41 110 Sun Chase 760 34 111 Wildhorse Ranch 1,060 48 112 Champion Homes At Parmer 280 203 113 View on the Square, The 120 206 202 114 Thomas Ranch 300 115 Hills At Leander 228 116 Elysium Grand 105 117 Austin Oaks Redevelopment 375 118 Saint John's West 297 5 mi Source: Yardi Matrix

a Berkshire Hathaway and Jefferies Financial Group company Austin New Construction & Proposed Multifamily Projects 4Q18

ID PROPERTY UNITS 185 Project Catalyst 4,709 186 Stillwater Montopolis 222 3 Villas on Nueces, The 99 187 Wickersham 72 169 227 4 Ruckus 2.0, The 67 188 South Congress 253 5 MUZE 158 189 South Congress 44 268 6 Nine at Rio, The 109 195 Nuckols Crossing 100 153 7 Inspire on 22nd 129 222 308 Guadalupe Street 59 18 Guthrie, The 322 223 Aria Grand 70 21 Edison, The 353 158 83 4 224 6400 Riverside 349 85 Total Lease-Up 1,237 225 Point at Ben White, The 96 3 162 51 Aura Riverside 368 226 Casa Madera 80 7 52 South Shore Highline 102 227 Colony Park 250 159 54 Candela 115 Total Prospective 13,933 6 5 56 Flats on Mariposa 100 160 57 Clark, The 226 LEGEND 161 163 84 58 Plaza Saltillo 800 Lease-Up 61 Gables 221 62 Foremost 300 Under Construction Total Under Construction 2,232 Planned 57 176 83 Hilltop 142 Prospective 157 156 90 120 84 Rail at MLK, The 235 89 91 87 85 Standard @ Austin, The 287 92 172 86 Arts & Industries Lofts 100 93 94 61 87 Booker T. Washington Terraces Phase II 50 222 88 177 88 5th & Brazos 394 95 168 89 6th + Guadalupe 349 173 170 90 Alexan Capitol 272 175 58 54 180 171 91 Avenue, The 135 86 97 178 166 167 92 Block 71 236 96 121 93 Block 87 100 174 18 94 East 9th Street 145 95 GreenWater Block 185 387 165 96 Travis, The 422 97 1155 74 122 164 98 6507 Riverside 250 154 179 99 AMLI South Shore Phase II 178 155 100 Aspen Heights Riverside 325 101 Lakeshore Pearl Redevelopment 425 99 102 Mont, The 288 103 South Shore District Phase IV 324 103 104 Saint Elmo Market District 386 181 101 185 105 Society 262 223 108 HC Cadence 100 120 Huston, The 381 121 Pathways at Chalmers Courts East & West 325 100 182 122 Town Lake Lofts 218 56 52 123 Cambrian East Riverside 65 124 Vi Collina 110 125 Bridges at Canyon View 271 21 Total Planned 7,236 124 183 123 153 Trails at Fort Creek, The 128 187 51 154 1515 South Lamar 328 224 155 2001 South Lamar Blvd 246 98 156 Carruth Administration Center Redevelopment 50 184 157 Pressler Park 112 186 158 2500 N Lamar 100 102 159 Historic Kenney House 250 104 225 160 MLK Highline 201 189 161 Platform Phase II 70 188 162 Two Two Zero Four 166 226 163 UT Graduate Student Housing 342 164 3212 East Cesar Chavez Street 306 165 4819 Gonzales 279 166 Alta Trailhead 308 167 Flats on Shady 290 168 Govalle 74 169 Loyola Landing 300 170 Nuevo Leon 200 105 195 171 Webberville 55 172 5th & Lavaca 320 173 99 Trinity Tower 360 174 Austin American Statesman Newspaper Site Redevelopment 100 175 Block 36 259 176 Central Health Brackenridge Campus 200 177 Depot Hotel Redevelopment 150 178 Red River Redevelopment 328 179 State House on Congress Phase II 50 180 Waller Park Place Tower B 350 125 181 Lucero Phase II 313 108 182 1600 Pleasant Valley 586 183 5700 East Riverside 309 184 Broadstone Riverside 275 62 2000 ft Source: Yardi Matrix

a Berkshire Hathaway and Jefferies Financial Group company Austin New Construction & Proposed Multifamily Projects

FORECASTED ID PROPERTY NAME ADDRESS CITY STATE ZIP STATUS UNITS SUBMARKET PERMIT DATE COMPLETION DATE START OF RENT-UP 1 Hanover Oak Hill 6701 Rialto Blvd Austin TX 78735 Lease-Up 370 Oak Hill 06/30/2017 12/31/2019 03/12/2018 2 Lyndon at Springtown, The 200 Springtown Way San Marcos TX 78666 Lease-Up 233 San Marcos/Kyle 01/01/2018 09/30/2019 09/28/2018 3 Villas on Nueces, The 2207 Nueces Street Austin TX 78705 Lease-Up 99 University of 06/15/2018 08/31/2019 10/01/2018 4 Ruckus 2.0, The 620 West 24th Street Austin TX 78705 Lease-Up 67 University of Texas 04/01/2018 08/31/2019 08/14/2018 5 MUZE 2100 Nueces Street Austin TX 78705 Lease-Up 158 University of Texas 04/01/2018 08/31/2019 08/13/2018 6 Nine at Rio, The 2100 Rio Grande Street Austin TX 78705 Lease-Up 109 University of Texas 04/26/2018 08/31/2019 08/01/2018 7 Inspire on 22nd 2200 Nueces Street Austin TX 78705 Lease-Up 129 University of Texas 01/31/2018 08/31/2019 07/11/2018 8 Alta Tech Ridge 12408 Dessau Road Austin TX 78753 Lease-Up 230 Dessau 11/01/2017 06/30/2019 10/15/2018 9 500 North Creek 500 Chris Kelley Blvd Hutto TX 78634 Lease-Up 310 Round Rock - east 12/31/2017 06/30/2019 05/17/2018 10 Springs at Sunfield 1165 Fire Cracker Drive Buda TX 78610 Lease-Up 256 San Marcos/Kyle 10/13/2017 06/30/2019 04/02/2018 11 Kaia Pointe 104 Bettie Mae Way Georgetown TX 78633 Lease-Up 102 Georgetown - west 05/16/2018 05/31/2019 10/01/2018 12 Palo Verde 7880 East US Highway 290 Austin TX 78736 Lease-Up 296 Oak Hill 09/01/2017 05/31/2019 05/21/2018 13 Overture Arboretum 10600 Jollyville Road Austin TX 78759 Lease-Up 184 Jollyville - south 06/01/2017 04/30/2019 11/30/2017 14 Flatiron Domain 10727 Domain Drive Austin TX 78758 Lease-Up 372 IBM area 06/01/2016 03/31/2019 11/15/2018 15 Broadstone Burnet 10301 Burnet Road Austin TX 78758 Lease-Up 352 IBM area 04/30/2017 03/31/2019 08/22/2018 16 Flora 5406 Middle Fiskville Road Austin TX 78751 Lease-Up 194 Hyde Park 06/01/2017 03/31/2019 08/14/2018 17 Creekside on Parmer Lane 5401 East Parmer Lane Austin TX 78754 Lease-Up 300 Dessau 01/01/2017 03/31/2019 01/01/2018 18 Guthrie, The 3218 Gonzales Street Austin TX 78702 Lease-Up 322 Pershing 01/01/2018 02/28/2019 08/01/2018 19 Braxton, The 4811 Woodrow Avenue Austin TX 78756 Lease-Up 52 Abercrombie 06/30/2017 02/28/2019 07/02/2018 20 Santal Phase II, The 7624 Tecoma Circle Austin TX 78735 Lease-Up 212 Oak Hill 10/20/2017 02/28/2019 06/01/2018 21 Edison, The 4711 East Riverside Drive Austin TX 78741 Lease-Up 353 East Central Austin 08/01/2017 01/31/2019 08/20/2018 22 Travis at the Lake 2208 North FM 620 Road Austin TX 78734 Lease-Up 312 West Travis County 12/01/2017 01/31/2019 08/13/2018 23 Legacy 1108 Legacy Drive Pflugerville TX 78660 Lease-Up 83 Pflugerville 11/01/2017 01/31/2019 05/20/2018 24 Sarah, The 16760 Ronald Reagan Blvd Leander TX 78641 Lease-Up 270 Cedar Park 01/01/2018 01/31/2019 03/10/2018 25 Walnut Park 12101 North Lamar Blvd Austin TX 78753 Lease-Up 283 Eubank Acres - north 08/30/2017 01/31/2019 12/12/2017 26 Affinity at Southpark Meadows 9500 Alice Mae Lane Austin TX 78748 Lease-Up 163 Sunset Valley 09/01/2016 01/31/2019 07/01/2017 27 Merritt Heritage 4700 Williams Drive Georgetown TX 78633 Lease-Up 244 Georgetown - west 01/15/2018 12/31/2018 07/23/2018 28 Park at Crystal Falls Phase II 7740 Leander TX 78641 Lease-Up 238 Cedar Park 06/26/2017 12/31/2018 04/16/2018 29 Terra 8300 Bluff Springs Road Austin TX 78744 Lease-Up 372 Pleasant Hill - east 04/01/2017 12/31/2018 04/01/2018 30 Ace, The 1401 Satellite View Round Rock TX 78665 Lease-Up 330 Round Rock - east 05/31/2017 12/31/2018 10/01/2017 31 Haven at Thorpe Lane 1351 Thorpe Lane San Marcos TX 78666 Lease-Up 183 San Marcos/Kyle 02/01/2017 12/31/2018 09/05/2017 TOTAL LEASE-UP 7,178 32 Riverbend, The Highway 71 & Highway 130 Austin TX 78617 Under Construction 400 Daffan 07/15/2018 12/31/2020 33 Garza Commons Ben Garza Lane & Frontage Road Austin TX 78749 Under Construction 369 Sunset Valley 05/01/2018 07/31/2020 34 McCarty Commons 1476 East McCarty Lane San Marcos TX 78666 Under Construction 249 San Marcos/Kyle 08/23/2018 02/29/2020 35 Carroll at Rivery Ranch Rivery Driveway & Wolf Ranch Pkwy Georgetown TX 78628 Under Construction 360 Georgetown - west 05/20/2018 01/31/2020 36 Hollybrook Ranch Greenlawn Blvd & West Pflugerville Pkwy Round Rock TX 78664 Under Construction 336 Pflugerville 06/20/2018 01/31/2020 37 Santa Clara 1701 South Heatherwilde Blvd Austin TX 78660 Under Construction 308 Dessau 10/15/2018 01/31/2020 38 Davies Ranch Village 12113 Dessau Road Austin TX 78754 Under Construction 360 Walnut Forest 06/30/2018 01/31/2020 39 Park at Estancia, The 820 Camino Vaquero Pkwy Austin TX 78652 Under Construction 320 Sunset Valley 08/30/2018 01/31/2020 40 Concho Commons 101 Concho Street San Marcos TX 78666 Under Construction 310 San Marcos/Kyle 09/28/2018 01/31/2020 41 Fitzroy 1451 Sadler Drive San Marcos TX 78666 Under Construction 176 San Marcos/Kyle 09/20/2018 01/31/2020 42 Elizabeth at Presidio, The 13500 Lyndhurst Street Austin TX 78717 Under Construction 373 Cedar Park 05/01/2018 12/31/2019 43 Lakeline Crossing Phase II 13010 Ridgeline Blvd Cedar Park TX 78613 Under Construction 203 Cedar Park 09/14/2018 12/31/2019 44 Domain Block L 11009 Alterra Pkwy Austin TX 78758 Under Construction 182 IBM area 07/01/2018 12/31/2019 45 Lenox Oaks 460 Bastrop Hwy Austin TX 78741 Under Construction 356 East Central Austin 08/20/2018 12/31/2019 46 Flats at ShadowGlen FM 973 & Shadowglen Trace Manor TX 78653 Under Construction 248 Elgin 10/01/2018 12/31/2019 47 Nightingale at Goodnight Ranch, The 5900 Charles Merle Drive Austin TX 78747 Under Construction 174 Pleasant Hill - east 08/01/2018 12/31/2019 48 Savoy at San Marcos, The East McCarty Lane & Rattler Road San Marcos TX 78666 Under Construction 140 San Marcos/Kyle 09/01/2018 12/31/2019 49 Cheatham Street Flats 401 South Guadalupe Street San Marcos TX 78666 Under Construction 120 San Marcos/Kyle 02/01/2018 09/30/2019 50 Trailside Oaks 2012 Hero Way Leander TX 78641 Under Construction 105 Cedar Park 08/30/2018 08/31/2019 51 Aura Riverside 6107 East Riverside Drive Austin TX 78741 Under Construction 368 East Central Austin 10/24/2017 07/31/2019 52 South Shore Highline 2435 East Riverside Drive Austin TX 78741 Under Construction 102 East Central Austin 10/15/2018 07/31/2019 53 Maravilla at the Domain 11001 Austin Park Lane Austin TX 78758 Under Construction 142 Eubank Acres - north 02/01/2018 06/30/2019 54 Candela 1614 East 6th Street Austin TX 78702 Under Construction 115 Pershing 10/31/2017 06/30/2019 55 Highland Mall Phases II - III SEC Airport Blvd & East Highland Mall Blvd Austin TX 78752 Under Construction 390 Hyde Park 02/01/2018 06/30/2019 56 Flats on Mariposa 1901 Mariposa Drive Austin TX 78741 Under Construction 100 East Central Austin 05/15/2018 05/31/2019 57 Clark, The 1301 West 5th Street Austin TX 78703 Under Construction 226 West End 05/31/2017 03/31/2019 58 Plaza Saltillo East 4th Street & San Marcos Street Austin TX 78702 Under Construction 800 Pershing 10/10/2017 03/31/2019 59 Lenox Ridge 3001 Scofield Ridge Pkwy Austin TX 78727 Under Construction 350 Eubank Acres - north 01/12/2018 02/28/2019 60 Ballantyne 800 West Wells Branch Pkwy Austin TX 78728 Under Construction 94 Dessau 05/31/2018 01/31/2019 61 Gables Republic Square 400 Lavaca Street Austin TX 78701 Under Construction 221 Downtown - north 10/01/2016 01/31/2019

Source: Yardi Matrix Austin New Construction & Proposed Multifamily Projects

FORECASTED ID PROPERTY NAME ADDRESS CITY STATE ZIP STATUS UNITS SUBMARKET PERMIT DATE COMPLETION DATE START OF RENT-UP 62 Foremost 135 Foremost Drive Austin TX 78745 Under Construction 300 Pleasant Hill - west 05/29/2018 01/31/2019 63 IO at Tech Ridge 12600 McCallen Pass Austin TX 78753 Under Construction 351 Dessau 09/01/2014 12/31/2018 64 Hunters Crossing SEC State Highway 304 & Home Depot Way Bastrop TX 78602 Under Construction 182 Bastrop 02/28/2018 12/31/2018 TOTAL UNDER CONSTRUCTION 8,830 65 Wolf Lakes Village 520 Wolf Road Georgetown TX 78628 Planned 1,000 Georgetown - west 66 Rabbit Hill 2211 Westinghouse Road Georgetown TX 78626 Planned 168 Georgetown - east 67 Caliza 12638 Ridgeline Blvd Austin TX 78613 Planned 270 Cedar Park 68 Indigo Ridge North Sam Bass Road & East Whitestone Blvd Cedar Park TX 78613 Planned 1,050 Cedar Park 69 Northline 183A Frontage Road & East Woodview Drive Leander TX 78641 Planned 300 Cedar Park 70 Quest Village 910 Quest Pkwy Cedar Park TX 78613 Planned 333 Cedar Park 71 Davis Springs 9701 Spectrum Drive Austin TX 78717 Planned 262 Brushy Creek 72 Balcones, The 3650 North A.W. Grimes Blvd Round Rock TX 78665 Planned 238 Round Rock - east 73 District, The Greenlawn Blvd & Louis Henna Blvd Round Rock TX 78664 Planned 900 Round Rock - east 74 Stone Hill Luxury Pfluger Farm Lane & East Pflugerville Pkwy Pflugerville TX 78660 Planned 200 Pflugerville 75 Asian American Cultural Center 11713 Jollyville Road Austin TX 78759 Planned 100 Jollyville - south 76 Modera Domain 2618 Kramer Lane Austin TX 78758 Planned 354 IBM area 77 Davenport Place 13301 Dessau Road Austin TX 78754 Planned 236 Dessau 78 Edenbrook Ridge 330 Wells Branch Pkwy Pflugerville TX 78660 Planned 336 Dessau 79 Elliott, The South Heatherwilde Blvd & West Pecan Street Pflugerville TX 78660 Planned 272 Dessau 80 Newington 1127 Pearl Retreat Drive Austin TX 78753 Planned 288 Dessau 81 Crestview Station Phase VI 7400 North Lamar Blvd Austin TX 78752 Planned 147 Abercrombie 82 Pearl, The 1303 West Koenig Lane Austin TX 78756 Planned 383 Abercrombie 83 Hilltop 2408 San Gabriel Street Austin TX 78705 Planned 142 University of Texas 84 Rail at MLK, The 2921 East 17th Street Austin TX 78702 Planned 235 University of Texas 85 Standard @ Austin, The 715 West 23rd Street Austin TX 78705 Planned 287 University of Texas 86 Arts & Industries Lofts 5300 Jain Lane Austin TX 78721 Planned 100 Pershing 87 Booker T. Washington Terraces Phase II 905 Bedford Street Austin TX 78702 Planned 50 Pershing 88 5th & Brazos 500 San Jacinto Blvd Austin TX 78701 Planned 394 Downtown - north 89 6th + Guadalupe 600 Guadalupe Street Austin TX 78701 Planned 349 Downtown - north 90 Alexan Capitol 700 East 11th Street Austin TX 78701 Planned 272 Downtown - north 91 Avenue, The 721 Congress Avenue Austin TX 78701 Planned 135 Downtown - north 92 Block 71 200 West 6th Street Austin TX 78701 Planned 236 Downtown - north 93 Block 87 701 Trinity Street Austin TX 78701 Planned 100 Downtown - north 94 East 9th Street 701 East 9th Street Austin TX 78701 Planned 145 Downtown - north 95 GreenWater Block 185 West 2nd Street & Nueces Street Austin TX 78701 Planned 387 Downtown - north 96 Travis, The 80 Red River Street Austin TX 78701 Planned 422 Downtown - north 97 1155 Barton Springs 1155 Barton Springs Road Austin TX 78704 Planned 74 Downtown - south 98 6507 Riverside 6507 East Riverside Drive Austin TX 78741 Planned 250 East Central Austin 99 AMLI South Shore Phase II 1620 East Riverside Drive Austin TX 78741 Planned 178 East Central Austin 100 Aspen Heights Riverside 1700 Willow Creek Drive Austin TX 78741 Planned 325 East Central Austin 101 Lakeshore Pearl Redevelopment 2223 Waterloo City Lane Austin TX 78741 Planned 425 East Central Austin 102 Mont, The 2405 Montopolis Drive Austin TX 78741 Planned 288 East Central Austin 103 South Shore District Phase IV 1333 Shore District Drive Austin TX 78741 Planned 324 East Central Austin 104 Saint Elmo Market District 4323 South Congress Avenue Austin TX 78745 Planned 386 Pleasant Hill - west 105 Society 6001 South Congress Avenue Austin TX 78745 Planned 262 Pleasant Hill - west 106 Saint Mary, The FM 1826 & Lewis Mountain Drive Austin TX 78737 Planned 240 Oak Hill 107 Manchaca Commons 12040 Manchaca Road Austin TX 78748 Planned 240 Sunset Valley 108 HC Cadence 7351 South Frontage Road Austin TX 78744 Planned 100 Pleasant Hill - east 109 Terra II 8350 Bluff Springs Road Austin TX 78744 Planned 200 Pleasant Hill - east 110 Sun Chase Pearce Lane & Timber Hills Drive Del Valle TX 78617 Planned 760 Daffan 111 Wildhorse Ranch Parmer Lane & US Route 290 Austin TX 78653 Planned 1,060 Daffan 112 Champion Homes At Parmer 6816 Boyce Lane Austin TX 78754 Planned 280 Elgin 113 View on the Square, The 228 South Guadalupe Street San Marcos TX 78666 Planned 120 San Marcos/Kyle 114 Thomas Ranch Paleface Ranch Road & State Highway 71 Spicewood TX 78669 Planned 300 West Travis County 115 Hills At Leander Horseshoe Drive & Southwest Drive Leander TX 78641 Planned 228 Cedar Park 116 Elysium Grand 3300 Oak Creek Drive Austin TX 78727 Planned 105 Jollyville - north 117 Austin Oaks Redevelopment SWC North MoPac Expwy & Spicewood Springs Road Austin TX 78731 Planned 375 Far West Blvd 118 Saint John's West 601 West St. Johns Avenue Austin TX 78752 Planned 297 Hyde Park 119 Travis Flats 5325 Airport Blvd Austin TX 78751 Planned 146 Hyde Park 120 Huston, The 1107 North Interstate 35 Frontage Road Austin TX 78702 Planned 381 Pershing 121 Pathways at Chalmers Courts East & West East 4th Street & Chicon Street Austin TX 78702 Planned 325 Pershing 122 Town Lake Lofts 16 South Interstate 35 Frontage Road Austin TX 78701 Planned 218 Downtown - north

Source: Yardi Matrix Austin New Construction & Proposed Multifamily Projects

FORECASTED ID PROPERTY NAME ADDRESS CITY STATE ZIP STATUS UNITS SUBMARKET PERMIT DATE COMPLETION DATE START OF RENT-UP 123 Cambrian East Riverside 1806 Clubview Avenue Austin TX 78741 Planned 65 East Central Austin 124 Vi Collina 2431 East Oltorf Street Austin TX 78741 Planned 110 East Central Austin 125 Bridges at Canyon View 4506 East William Cannon Drive Austin TX 78744 Planned 271 Pleasant Hill - east 126 Whisper Valley 9000 Taylor Lane Manor TX 78653 Planned 100 Daffan 127 Western Springs 603 West Highway 290 Dripping Springs TX 78620 Planned 72 Dripping Springs 128 Vista Bella 21101 Boggy Ford Road Lago Vista TX 78645 Planned 72 West Travis County TOTAL Planned 18,668 129 Seven Strand 70 Del Webb Blvd Georgetown TX 78633 Prospective 300 Georgetown - west 130 Cross Creek 183A Frontage Road & East Whitestone Blvd Cedar Park TX 78613 Prospective 349 Cedar Park 131 Lakeline Gardens AA 9821 North Lake Creek Pkwy Austin TX 78717 Prospective 190 Cedar Park 132 Lakeline Mall & Lyndhurst Lakeline Mall Drive & Lyndhurst Street Austin TX 78717 Prospective 373 Cedar Park 133 Leander Crossing 183A Toll Road & Ranch Road 2243 Leander TX 78641 Prospective 400 Cedar Park 134 North Creek 665 North Bagdad Road Leander TX 78641 Prospective 259 Cedar Park 135 Stonehaven 1201 West Whitestone Blvd Cedar Park TX 78613 Prospective 110 Cedar Park 136 Bass Pro Drive Bass Pro Drive & North Mays Street Round Rock TX 78665 Prospective 500 Round Rock - east 137 Auro County Road 172 & FM 1325 Round Rock TX 78681 Prospective 100 Round Rock - south 138 Shepherd Mountain 6409 City Park Road Austin TX 78730 Prospective 275 St Edwards Park 139 9828 Great Hills Trail 9828 Great Hills Trails Austin TX 78759 Prospective 372 Jollyville - south 140 West Pickle 3925 West Braker Lane Austin TX 78759 Prospective 100 Jollyville - south 141 Alexan Breaker West Braker Lane & Kramer Lane Austin TX 78758 Prospective 200 IBM area 142 North Gateway Plaza 10615 Burnet Road Austin TX 78758 Prospective 300 IBM area 143 Oaks at Techridge West & East, The 14199 North Interstate 35 Frontage Road Austin TX 78753 Prospective 458 Dessau 144 Parmer 8 Harris Ridge Blvd & East Howard Lane Austin TX 78753 Prospective 1,000 Dessau 145 Canova Palms 5501A Balcones Drive Austin TX 78731 Prospective 58 Far West Blvd 146 Burnet Road 8526 Burnet Road Austin TX 78757 Prospective 299 Abercrombie 147 Crestview Highline 6324 North Lamar Blvd Austin TX 78752 Prospective 99 Abercrombie 148 Lamar at North Loop 5210 North Lamar Blvd Austin TX 78751 Prospective 209 Abercrombie 149 Sixty Five 6500 Burnet Road Austin TX 78757 Prospective 52 Abercrombie 150 Tech Ridge Residences 12200 Jourdan Crossing Blvd Austin TX 78753 Prospective 312 Walnut Forest 151 Aura North Lamar 5629 North Lamar Blvd Austin TX 78751 Prospective 286 Hyde Park 152 Highland Mall Phase IV SEC Airport Blvd & West Highland Mall Blvd Austin TX 78752 Prospective 510 Hyde Park 153 Trails at Fort Creek, The 2989 East 51st Street Austin TX 78723 Prospective 128 Berkman Dr 154 1515 South Lamar 1515 South Lamar Blvd Austin TX 78704 Prospective 328 West End 155 2001 South Lamar Blvd 2001 South Lamar Blvd Austin TX 78704 Prospective 246 West End 156 Carruth Administration Center Redevelopment 1111 West 6th Street Austin TX 78703 Prospective 50 West End 157 Pressler Park 300 Pressler Street Austin TX 78703 Prospective 112 West End 158 2500 N Lamar 1200 West 25th Street Austin TX 78705 Prospective 100 University of Texas 159 Historic Kenney House 611 West 22nd Street Austin TX 78705 Prospective 250 University of Texas 160 MLK Highline 2832 East Martin Luther King Jr Blvd Austin TX 78702 Prospective 201 University of Texas 161 Platform Phase II 2823 East Martin Luther King Jr Blvd Austin TX 78702 Prospective 70 University of Texas 162 Two Two Zero Four 2204 Street Austin TX 78705 Prospective 166 University of Texas 163 UT Graduate Student Housing 2100 Concho Street Austin TX 78722 Prospective 342 University of Texas 164 3212 East Cesar Chavez Street 3212 East Cesar Chavez Street Austin TX 78702 Prospective 306 Pershing 165 4819 Gonzales 4819 Gonzales Street Austin TX 78702 Prospective 279 Pershing 166 Alta Trailhead 1105 Airport Blvd Austin TX 78702 Prospective 308 Pershing 167 Flats on Shady 1125 Shady Lane Austin TX 78721 Prospective 290 Pershing 168 Govalle 3101 Govalle Avenue Austin TX 78702 Prospective 74 Pershing 169 Loyola Landing Ed Bluestein Blvd & Loyola Lane Austin TX 78724 Prospective 300 Pershing 170 Nuevo Leon 1501 East 6th Street Austin TX 78702 Prospective 200 Pershing 171 Webberville 2200 Webberville Road Austin TX 78702 Prospective 55 Pershing 172 5th & Lavaca 305 West 5th Street Austin TX 78701 Prospective 320 Downtown - north 173 99 Trinity Tower 99 Trinity Street Austin TX 78701 Prospective 360 Downtown - north 174 Austin American Statesman Newspaper Site Redevelopment 305 South Congress Avenue Austin TX 78704 Prospective 100 Downtown - north 175 Block 36 710 East 3rd Street Austin TX 78701 Prospective 259 Downtown - north 176 Central Health Brackenridge Campus 601 East 15th Street Austin TX 78701 Prospective 200 Downtown - north 177 Depot Hotel Redevelopment 504 East 5th Street Austin TX 78701 Prospective 150 Downtown - north 178 Red River Redevelopment 91 Red River Street Austin TX 78701 Prospective 328 Downtown - north 179 State House on Congress Phase II 1221 South Congress Avenue Austin TX 78704 Prospective 50 Downtown - north 180 Waller Park Place Tower B SWC East Cesar Chavez Street & Red River Street Austin TX 78701 Prospective 350 Downtown - north 181 Lucero Phase II 2301 Wilson Street Austin TX 78704 Prospective 313 Downtown - south 182 1600 Pleasant Valley 1600 South Pleasant Valley Road Austin TX 78741 Prospective 586 East Central Austin 183 5700 East Riverside 5700 East Riverside Drive Austin TX 78741 Prospective 309 East Central Austin

Source: Yardi Matrix Austin New Construction & Proposed Multifamily Projects

FORECASTED ID PROPERTY NAME ADDRESS CITY STATE ZIP STATUS UNITS SUBMARKET PERMIT DATE COMPLETION DATE START OF RENT-UP 184 Broadstone Riverside 1900 Airport Commerce Drive Austin TX 78741 Prospective 275 East Central Austin 185 Project Catalyst South Lakeshore Blvd & South Pleasant Valley Road Austin TX 78741 Prospective 4,709 East Central Austin 186 Stillwater Montopolis 2509 Montopolis Drive Austin TX 78741 Prospective 222 East Central Austin 187 Wickersham 2440 Wickersham Lane Austin TX 78741 Prospective 72 East Central Austin 188 South Congress 4714 South Congress Avenue Austin TX 78745 Prospective 253 Pleasant Hill - west 189 South Congress 44 4401 South Congress Avenue Austin TX 78745 Prospective 268 Pleasant Hill - west 190 Granada Ridge 8328 East US Route 290 Austin TX 78736 Prospective 550 Oak Hill 191 Santal Phase III, The Southwest Pkwy & Tecoma Circle Austin TX 78735 Prospective 1412 Oak Hill 192 Village at Spanish Oaks, The State Highway 71 & Ranch Road 620 Bee Cave TX 78738 Prospective 800 Oak Hill 193 Hays Common SWC Big Valley Drive & South FM 1626 Manchaca TX 78652 Prospective 50 Sunset Valley 194 Lenox Springs Phase II 10500 South Interstate 35 Frontage Road Austin TX 78748 Prospective 260 Sunset Valley 195 Nuckols Crossing 4500 Nuckols Crossing Road Austin TX 78744 Prospective 100 Pleasant Hill - east 196 Austin Green 11600 Harold Green Road Austin TX 78725 Prospective 2,500 Daffan 197 Community First Village 9301 Hog Eye Road Austin TX 78724 Prospective 100 Daffan 198 Eastridge 5501 Ross Road Del Valle TX 78617 Prospective 300 Daffan 199 Velocity Crossing SEC FM 973 & East State Highway 71 Austin TX 78617 Prospective 893 Daffan 200 Belterra Village Senior Housing Belterra Drive & West Highway 290 Austin TX 78737 Prospective 200 Dripping Springs 201 Blanco River Walk Cotter Avenue & Riverway Avenue San Marcos TX 78666 Prospective 312 San Marcos/Kyle 202 Centerpoint Road & South Old Bastrop Hwy Centerpoint Road & South Old Bastrop Hwy San Marcos TX 78666 Prospective 300 San Marcos/Kyle 203 Emli at East Village 2301 Rattler Road San Marcos TX 78666 Prospective 210 San Marcos/Kyle 204 Lindsey Hill West Hutchinson Street & Moore Street San Marcos TX 78666 Prospective 164 San Marcos/Kyle 205 Peques Street West Bluebonnet Drive & Forest Drive San Marcos TX 78666 Prospective 200 San Marcos/Kyle 206 Trace North Interstate 35 Frontage Road & Posey Road San Marcos TX 78666 Prospective 850 San Marcos/Kyle 207 Yarrington SWC Interstate Highway 35 & Yarrington Road San Marcos TX 78666 Prospective 200 San Marcos/Kyle 208 Merritt Starlight 14400 Ranch Road 12 Wimberley TX 78676 Prospective 80 Woodcreek - Wimberley 209 Attiva Lakeway Lohmans Crossing Road & Sailmaster Street Lakeway TX 78734 Prospective 210 West Travis County 210 Lakeway City Center 1931 Lohmans Crossing Road Lakeway TX 78734 Prospective 214 West Travis County 211 Oaks at Lakeway, The 2000 Ranch Road 620 South Lakeway TX 78734 Prospective 350 West Travis County 212 East Street Village Hero Way & Mel Mathis Blvd Leander TX 78641 Prospective 110 Cedar Park 213 Emli at Leander 251 North Bagdad Road Leander TX 78641 Prospective 60 Cedar Park 214 Leander Place US Highway 183 & Sonny Drive Leander TX 78641 Prospective 70 Cedar Park 215 Merritt Lakeline Station 10701 Lakeline Mall Drive Austin TX 78717 Prospective 200 Cedar Park 216 Pointe at Brushy Creek, The North FM 620 Road & Pecan Park Blvd Austin TX 78717 Prospective 150 Cedar Park 217 Merritt Estates Highway 620 & Shady Lane Austin TX 78717 Prospective 300 Brushy Creek 218 Villagio at Forest Creek, The NEC Forest Creek Drive & Kenney Fort Blvd Round Rock TX 78665 Prospective 110 Round Rock - east 219 Merritt Cornerstone SEC West Howard Lane & McNeil Merriltown Road Austin TX 78729 Prospective 200 Jollyville - north 220 Pointe at Mirror Lake, The Great Basin Avenue & East Pflugerville Pkwy Pflugerville TX 78660 Prospective 150 Pflugerville 221 Powell Lane 601 East Powell Lane Austin TX 78753 Prospective 258 Eubank Acres - south 222 308 Guadalupe Street 308 Guadalupe Street Austin TX 78701 Prospective 59 Downtown - north 223 Aria Grand 1800 South Interstate 35 Frontage Road Austin TX 78704 Prospective 70 Downtown - north 224 6400 Riverside 6400 East Riverside Drive Austin TX 78741 Prospective 349 East Central Austin 225 Point at Ben White, The 6936 East Ben White Blvd Austin TX 78741 Prospective 96 East Central Austin 226 Casa Madera 1201 East Saint Elmo Road Austin TX 78745 Prospective 80 Pleasant Hill - west 227 Colony Park Johnny Morris Road & Loyola Lane Austin TX 78724 Prospective 250 Daffan 228 Indian Hills SEC Decker Lake Road & FM 973 Manor TX 78653 Prospective 100 Daffan 229 Merritt Manor Gregg Manor Road & Hill Lane Manor TX 78653 Prospective 146 Elgin 230 Merritt Headwaters NWC Headwaters Blvd & West Highway 290 Dripping Springs TX 78620 Prospective 80 Dripping Springs 231 Residences at Kyle FM 150 & North Old Stagecoach Road Kyle TX 78640 Prospective 128 San Marcos/Kyle 232 Merritt Retreat 6601 Panorama Ridge Lago Vista TX 78645 Prospective 80 West Travis County TOTAL PROSPECTIVE 33,341

TOTAL AUSTIN 68,017

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