Columbus New Construction & Proposed Multifamily Projects 3Q17

ID PROPERTY UNITS 59 East Broad Street 100 1 Greyson at Hickory Chase, The 492 60 497 East Town Street 100 2 Landmark Lofts 204 61 640 West Nationwide 280 3 Powell Grand 308 62 Fourth Street & State Street 50 4 View on Grant, The 80 63 Grand Central 250 5 Hawthorne Commons 86 64 Grant Oak Redevelopment 100 6 Tuller Flats 420 65 High & Long 100 96 7 Bridge Park Phase II 171 66 Motorist Insurance 105 8 Bridge Park 154 67 View on Long 95 97 9 303 89 68 White Castle 300 93 10 View at Polaris, The 240 69 Acorn Distributors Site 197 11 Avenue at Polaris Phase II, The 137 70 High Street & West Third Avenue 116 38 12 Legacy Pointe Phase IIB 87 71 Legacy Pointe Phase IV 87 13 223 East Town Street 84 72 247 - 257 Livingston 50 14 Pointe, The 218 73 Marble Cliff West Fifth 75 3 15 Attleigh, The 184 74 Ackerman Road & Olentangy River Road 237 16 Manchester, The 123 75 Kenny Road & Woody Hayes Drive 450 91 17 Winchester Ridge Phase II 103 76 Prime Place 50 92 42 5 25 18 18 Ashton Village 148 77 Parsons Place 62 10 11 Total Lease-Up 3,328 78 Gateway Lofts 269 95 6 83 82 19 Avery Road & Hayden Run Road 318 79 Dresden Village 614 23 90 8 79 81 84 20 Gravity Project 241 80 2725 North High 100 7 89 86 29 21 Hubbard Park Place 101 81 5400 Little Turtle Way 144 57 24 22 Grant Commons Phase II 246 82 7099 Harlem Road 250 19 14 23 Exchange Phase II, The 104 83 South State Street & Cherrington Road 50 1 56 85 24 HQ Flats 336 84 Ulry Road & Warner Road 244 2 25 Ravines at Westar Phase II, The 208 85 Easton Town Center 500 78 26 River & Rich 230 86 HQ Flats Phase II 100 94 27 1398 North High Street 156 87 Norton Crossing 270 55 28 View on Pavey Square 81 88 6261 Wright Road 260 87 15 29 Market & Main 130 89 Ables Golf on Avery Redevelopment 550 30 Castle, The 105 90 Shier Rings 231 74 80 31 Arbor, The 163 91 Center at Powell Crossing 64 28 32 Wilson, The 68 92 510 Lazelle Road 263 76 32 33 Wellington, The 170 93 NorthGate Centre Residential 140 75 34 330 Oak Street 104 94 Carrington Ridge Phase II 50 88 33 35 LC RiverSouth High Street 240 95 Jacquemin Farms Village 300 41 22 36 Jeffrey Park Phase II 266 96 Burr Oak Commons 92 17 27 37 Two25 Commons 118 97 Preserve at Quail Pass Phase III 105 73 54 53 52 30 70 69 38 Sunbury Pointe 146 98 Main Street Square 95 44 46 43 39 Neilston, The 130 99 Poindexter Phase III 84 36 16 21 99 40 85 - 111 North High Street 224 100 Shawnee Grove 50 68 71 4 63 49 66 12 41 1525 North High Street 95 Total Prospective 7,629 61 39 42 Residences at the Pointe, The 216 67 40 62 59 51 Total Under Construction 4,196 65 35 34 60 20 26 13 43 Grandview Mercantile Redevelopment 100 45 37 64 98 50 48 44 871 Michigan Avenue 250 9 72 31 45 High and Cherry 120 47 46 Ingleside Avenue 250 47 LC Matan 105 48 LC RiverSouth Phase III 137 49 Market Tower 180 58 50 Millennial Tower 138 77 51 Parsons Parc 78 52 Beeker 89 53 Harrison West 500 LEGEND 54 Roosevelt, The 153 100 55 Addison Woods 56 Lease-Up 56 Ave, The 301 Under Construction 57 Graceland 200 Planned 58 Parsons Village Phase II 60 Prospective Total Planned 2,717 5 mi Source: Yardi Matrix

a Berkshire Hathaway and Leucadia National company Columbus New Construction & Proposed Multifamily Projects

FORECASTED ID PROPERTY NAME ADDRESS CITY STATE ZIP OWNER NAME STATUS UNITS SUBMARKET PERMIT DATE COMPLETION DATE START OF RENT-UP 1 Greyson at Hickory Chase, The 4460 Mountain Laurel Road Hilliard OH 43026 Village Communities Lease-Up 492 Hillard 03/17/2017 02/28/2019 07/01/2017 2 Landmark Lofts 5260 Franklin Street Hilliard OH 43026 Kohr Royer Griffith Lease-up 204 Hillard 05/06/2016 04/30/2018 09/11/2017 3 Powell Grand 3400 Club Way Court Powell OH 43065 Schottenstein Real Estate Group Lease-Up 308 Powell 04/20/2016 04/30/2018 05/01/2017 4 View on Grant, The 358 Mt Vernon Avenue Columbus OH 43215 Celmark Development Group Lease-Up 80 Columbus-Downtown 12/15/2016 03/31/2018 05/05/2017 5 Hawthorne Commons 7533 Sawmill Road Dublin OH 43016 Treplus Communities Lease-Up 86 Dublin 10/03/2016 03/31/2018 02/01/2017 6 Tuller Flats 4260 Tuller Road Dublin OH 43017 Casto Lease-Up 420 Dublin 11/16/2015 03/31/2018 06/01/2016 7 Bridge Park Phase II 6725 Long Shore Street Dublin OH 43017 Crawford Hoying Lease-Up 171 Dublin 10/01/2016 01/31/2018 01/09/2017 8 Bridge Park 6725 Long Shore Street Dublin OH 43017 Crawford Hoying Lease-Up 154 Dublin 10/01/2015 01/31/2018 08/01/2016 9 303 303 South Front Street Columbus OH 43215 Borror Properties Lease-up 89 Columbus-Downtown 09/01/2016 12/31/2017 09/01/2017 10 View at Polaris, The 601 Flarestar Avenue Columbus OH 43240 Polaris Lease-Up 240 Lewis Center 06/01/2016 12/31/2017 08/01/2017 11 Avenue at Polaris Phase II, The 8321 Seattle Avenue Columbus OH 43240 Edward Rose & Sons Lease-Up 137 Lewis Center 04/01/2016 11/30/2017 01/30/2017 12 Legacy Pointe Phase IIB 1245 Mount Vernon Avenue Columbus OH 43203 McCormack Baron Salazar Lease-Up 87 Near East 11/01/2016 10/31/2017 06/26/2017 13 223 East Town Street 223 East Town Street Columbus OH 43215 Bluestone Brothers U.S. Lease-Up 84 Columbus-Downtown 09/01/2016 10/31/2017 05/01/2017 14 Pointe, The 4890 Edwards Farms Road Hilliard OH 43221 Vision Development Lease-Up 218 Hillard 05/25/2016 10/31/2017 03/01/2017 15 Attleigh, The 1121 Mirror Lake Place Columbus OH 43228 Metro Development Lease-Up 184 01/15/2016 10/31/2017 02/01/2017 16 Manchester, The 800 Baldwin Drive Columbus OH 43212 Nationwide Realty Investors Lease-Up 123 Grandview Heights 09/09/2016 10/31/2017 01/16/2017 17 Winchester Ridge Phase II 8351 Dove Pkwy Canal Winchester OH 43110 Redwood Living Lease-Up 103 Fairfield 12/31/2015 10/31/2017 04/01/2016 18 Ashton Village 20 Ashton Village Drive Westerville OH 43082 Romanelli, Vincent Lease-Up 148 Westerville 06/01/2016 09/30/2017 12/16/2016 TOTAL LEASE-UP 3,328 19 Avery Road & Hayden Run Road NEC Avery Road & Hayden Run Road Hilliard OH 43026 Robert Weiler Company, The Under Construction 318 Dublin 04/03/2017 03/31/2019 20 Gravity Project 500 West Broad Street Columbus OH 43215 Kaufman Development Under Construction 241 Franklinton 07/17/2017 11/30/2018 21 Hubbard Park Place 786 Park Street Columbus OH 43215 Wood Companies, The Under Construction 101 Victorian Village 05/02/2016 10/31/2018 22 Grant Commons Phase II 342 East 11th Avenue Columbus OH 43212 Wagenbrenner Development Under Construction 246 University 07/03/2017 10/31/2018 23 Exchange Phase II, The 6224 Central College Road New Albany OH 43054 Lifestyle Communities Under Construction 104 New Albany 09/01/2017 10/31/2018 24 HQ Flats Dublin-Granville Road & North Hamilton Road Columbus OH 43230 Casto Under Construction 336 Gahanna 05/02/2017 10/31/2018 25 Ravines at Westar Phase II, The 799 Warwick Drive Westerville OH 43082 Trivium Development Under Construction 208 Lewis Center 07/17/2017 08/31/2018 26 River & Rich 230 West Rich Street Columbus OH 43215 Casto Under Construction 230 Franklinton 04/03/2017 07/31/2018 27 1398 North High Street 1398 North High Street Columbus OH 43201 Kohr Royer Griffith Under Construction 156 University 03/31/2017 07/31/2018 28 View on Pavey Square North High Street & West Northwood Avenue Columbus OH 43201 Celmark Development Group Under Construction 81 University 08/23/2017 07/31/2018 29 Market & Main Market Street & West Main Street New Albany OH 43054 Kaufman Development Under Construction 130 Gahanna 07/10/2017 07/31/2018 30 Castle, The 965 North High Street Columbus OH 43201 Borror Properties Under Construction 105 Victorian Village 10/01/2016 06/30/2018 31 Arbor, The 482 South Lane Street Columbus OH 43206 JMM Real Estate Investments Under Construction 163 Columbus-Southside 01/02/2017 06/30/2018 32 Wilson, The 15 East Lane Avenue Columbus OH 43201 Schiff, Scott W. Under Construction 68 University 01/16/2017 06/30/2018 33 Wellington, The NEC North High Street & East 16th Avenue Columbus OH 43201 Edwards Companies Under Construction 170 University 10/03/2016 05/31/2018 34 330 Oak Street 330 Oak Street Columbus OH 43215 Stonehenge Company Under Construction 104 Columbus-Downtown 03/01/2017 02/28/2018 35 LC RiverSouth High Street 209 South High Street Columbus OH 43215 Lifestyle Communities Under Construction 240 Columbus-Downtown 03/01/2014 02/28/2018 36 Jeffrey Park Phase II East 1st Avenue & Civitas Avenue Columbus OH 43215 Wagenbrenner Development Under Construction 266 Columbus-Downtown 11/01/2016 01/31/2018 37 Two25 Commons 225 South 3rd Street Columbus OH 43215 Kaufman Development Under Construction 118 Columbus-Downtown 12/19/2016 01/31/2018 38 Sunbury Pointe 2183 Rushmore Lane Sunbury OH 43074 Champion Real Estate Services Under Construction 146 Sunbury 03/17/2017 12/31/2017 39 Neilston, The 315 East Long Street Columbus OH 43215 Edwards Companies Under Construction 130 Columbus-Downtown 01/01/2016 11/30/2017 40 85 - 111 North High Street NWC West Gay Street & North High Street Columbus OH 43215 Edwards Companies Under Construction 224 Columbus-Downtown 01/01/2016 10/31/2017 41 1525 North High Street 1525 North High Street Columbus OH 43201 Robert Weiler Company, The Under Construction 95 University 02/01/2017 10/31/2017 42 Residences at the Pointe, The 8900 Lyra Drive Columbus OH 43240 VanTrust Real Estate Under Construction 216 Lewis Center 06/01/2016 10/31/2017 TOTAL UNDER CONSTRUCTION 4,196 43 Grandview Mercantile Redevelopment 873 North High Street Columbus OH 43215 Pizzuti Planned 100 44 871 Michigan Avenue 871 Michigan Avenue Columbus OH 43215 Snyder Barker Investments Planned 250 Columbus-Downtown 45 High and Cherry 255 South High Street Columbus OH 43215 Crawford Hoying Planned 120 Columbus-Downtown 46 Ingleside Avenue 871 Ingleside Avenue Columbus OH 43215 Schiff Capital Group Planned 250 Columbus-Downtown 47 LC Matan West Cherry Street & South Front Street Columbus OH 43215 Lifestyle Communities Planned 105 Columbus-Downtown 48 LC RiverSouth Phase III 229 High Street Columbus OH 43215 Lifestyle Communities Planned 137 Columbus-Downtown 49 Market Tower Park Street & Spruce Street Columbus OH 43215 Wood Companies, The Planned 180 Columbus-Downtown 50 Millennial Tower South Front Street & West Rich Street Columbus OH 43215 Arshot Investment Planned 138 Columbus-Downtown 51 Parsons Parc 122 Parsons Avenue Columbus OH 43215 Kohr Royer Griffith Planned 78 Near East 52 Beeker 115 East 5th Avenue Columbus OH 43201 Borror Properties Planned 89 University 53 Harrison West West Fifth Avenue & Perry Street Columbus OH 43201 Wagenbrenner Development Planned 500 University 54 Roosevelt, The 1341 Norton Avenue Columbus OH 43212 David Perry Company Planned 153 University 55 Addison Woods 1648 North Wilson Road Columbus OH 43228 Metro Development Planned 56 Hillard 56 Ave, The 3640 Indianola Avenue Columbus OH 43214 Vision Development Planned 301 Clintonville 57 Graceland Graceland Blvd & North High Street Columbus OH 43214 Casto Planned 200 Clintonville 58 Parsons Village Phase II 1833 South Parsons Avenue Columbus OH 43207 NRP Group Planned 60 Far South TOTAL PLANNED 2,717

Source: Yardi Matrix Columbus New Construction & Proposed Multifamily Projects

FORECASTED ID PROPERTY NAME ADDRESS CITY STATE ZIP OWNER NAME STATUS UNITS SUBMARKET PERMIT DATE COMPLETION DATE START OF RENT-UP 59 East Broad Street 350 East Broad Street Columbus OH 43215 Kaufman Development Prospective 100 60 497 East Town Street 497 East Town Street Columbus OH 43215 Paradigm Properties Prospective 100 Columbus-Downtown 61 640 West Nationwide 640 West Nationwide Blvd Columbus OH 43215 Borror Properties Prospective 280 Columbus-Downtown 62 Fourth Street & State Street Fourth Street & State Street Columbus OH 43215 Continental Real Estate Companies Prospective 50 Columbus-Downtown 63 Grand Central Neil Avenue & Vine Street Columbus OH 43215 Schottenstein Real Estate Group Prospective 250 Columbus-Downtown 64 Grant Oak Redevelopment 66 South Grant Avenue Columbus OH 43215 Columbus Metropolitan Library Prospective 100 Columbus-Downtown 65 High & Long NEC North High Street & East Long Street Columbus OH 43215 Schiff Capital Group Prospective 100 Columbus-Downtown 66 Motorist Insurance East Oak Street & South Washington Avenue Columbus OH 43215 Robert Weiler Company, The Prospective 105 Columbus-Downtown 67 View on Long 55 East Long Street Columbus OH 43215 Jerome Solove Development Prospective 95 Columbus-Downtown 68 White Castle 555 West Goodale Blvd Columbus OH 43215 White Castle Prospective 300 Columbus-Downtown 69 Acorn Distributors Site 324 East 2nd Avenue Columbus OH 43201 Snyder Barker Investments Prospective 197 Victorian Village 70 High Street & West Third Avenue 1081 North High Street Columbus OH 43201 Preferred Living Prospective 116 Victorian Village 71 Legacy Pointe Phase IV 1245 Mount Vernon Avenue Columbus OH 43203 McCormack Baron Salazar Prospective 87 Near East 72 247 - 257 Livingston 247 East Livingston Avenue Columbus OH 43215 Toula Management Prospective 50 Columbus-Southside 73 Marble Cliff West Fifth 2015 West 5th Avenue Columbus OH 43212 Cityspace Residential Prospective 75 Grandview Heights 74 Ackerman Road & Olentangy River Road Ackerman Road & Olentangy River Road Columbus OH 43202 Robert Weiler Company, The Prospective 237 University 75 Kenny Road & Woody Hayes Drive NEC Kenny Road & Woody Hayes Drive Columbus OH 43210 Ohio State University, The Prospective 450 University 76 Prime Place 200 West Norwich Avenue Columbus OH 43201 Elsey Partners Prospective 50 University 77 Parsons Place 350 East Barthman Avenue Columbus OH 43207 Community Housing Network Prospective 62 Far South 78 Gateway Lofts 2327 Old Dublin Road Dublin OH 43016 Hallmark Campus Communities Prospective 269 Hillard 79 Dresden Village 7000 Bent Tree Blvd Columbus OH 43235 Preferred Living Prospective 614 Northwest Columbus 80 2725 North High 2725 North High Street Columbus OH 43202 Borror Properties Prospective 100 Clintonville 81 5400 Little Turtle Way 5400 Little Turtle Way West Westerville OH 43081 Stonehenge Company Prospective 144 Westerville 82 7099 Harlem Road 7099 Harlem Road Westerville OH 43081 Ciminellos Prospective 250 Westerville 83 South State Street & Cherrington Road South State Street & Cherrington Road Westerville OH 43081 Schirmer, Paul Prospective 50 Westerville 84 Ulry Road & Warner Road Ulry Road & Warner Road Westerville OH 43081 Metro Development Prospective 244 Westerville 85 Easton Town Center Stelzer Road & Easton Way Columbus OH 43219 Georgetown Company, The Prospective 500 Minerva Park 86 HQ Flats Phase II Dublin-Granville Road & North Hamilton Road Columbus OH 43230 Casto Prospective 100 Gahanna 87 Norton Crossing East Broad Street & South Hamilton Road Whitehall OH 43213 Continental Real Estate Companies Prospective 270 Whitehall 88 6261 Wright Road 6261 Wright Road Canal Winchester OH 43110 Homewood Prospective 260 Canal Winchester 89 Ables Golf on Avery Redevelopment 5300 Avery Road Dublin OH 43016 Edwards Companies Prospective 550 Dublin 90 Shier Rings Shier Rings Road & Cosgray Road Dublin OH 43016 Kaufman Development Prospective 231 Dublin 91 Center at Powell Crossing 147 West Olentangy Street Powell OH 43065 Shore Properties Prospective 64 Powell 92 510 Lazelle Road 510 Lazelle Road Columbus OH 43206 Polaris Prospective 263 Lewis Center 93 NorthGate Centre Residential Highway 36 & South Wilson Road Sunbury OH 43074 Shivley, Patrick Prospective 140 Sunbury 94 Carrington Ridge Phase II 312 Foxtail Drive Pataskala OH 43062 Redwood Living Prospective 50 Pataskala 95 Jacquemin Farms Village 7437 Hyland Croy Road Dublin OH 43064 Schottenstein Real Estate Group Prospective 300 Union 96 Burr Oak Commons State Route 37 West & South Section Line Road Delaware OH 43015 Treplus Communities Prospective 92 Delaware 97 Preserve at Quail Pass Phase III 20 Bur Reed Road Delaware OH 43015 Redwood Living Prospective 105 Delaware 98 Main Street Square South 17th Street & East Main Street Columbus OH 43205 Wallick Communities Prospective 95 Near East 99 Poindexter Phase III SEC Mt Vernon Avenue & North Champion Street Columbus OH 43203 McCormack Baron Salazar Prospective 84 Near East 100 Shawnee Grove 1875 Hitler Road 1 Circleville OH 43113 Frontier Community Services Prospective 50 Pickaway TOTAL PROSPECTIVE 7,629

TOTAL COLUMBUS 17,870

© 2017 Berkadia Real Estate Advisors LLC. Berkadia® is a trademark of Berkadia Proprietary Holding LLC. Investment sales and real estate brokerage businesses are conducted exclusively by Berkadia Real Estate Advisors LLC and Berkadia Real Estate Advisors Inc. In California, Berkadia Real Estate Advisors Inc. conducts business under CA Real Estate Broker License #01931050; Vincent B. Norris, CA BRE Lic. # 843890. Berkadia Commercial Mortgage LLC conducts business under CA Finance Lender & Broker Lic. #988-0701; and Berkadia Commercial Mortgage Inc. under CA Real Estate Broker Lic. #01874116. For state licensing details visit: http://www.berkadia.com/legal/licensing.aspx Source: Yardi Matrix