Seattle New Construction & Proposed Multifamily Projects 3Q17

ID PROPERTY UNITS 167 2218 1st Avenue 66 1 430 168 2801 Elliott Avenue 61 2 AMLI Arc 393 169 3031 Western Avenue 100 5 Cora 75 137 232 170 307 Broad 149 9 Broadcast 74 171 408 Aurora Avenue North 78 11 398 172 427 9th Avenue North 242 12 Cascade 477 173 4th & Bell Tower 287 Total Lease-Up 1,847 174 5th & Lenora 470 15 John Street & Fairview Avenue North 1128 175 5th & Virginia 431 176 600 Wall Street 370 16 Esterra Park Blocks 5, 6A and 9 658 70 20 Alexan Central Park 193 177 601 Aurora Avenue North 123 21 Arrive 339 135 134 178 901 Harrison Street 292 25 at Esterra Park 323 179 Altitude Residences 236 26 Danforth, The 265 180 Antioch University Site 1036 28 Bellevue Vuecrest 137 181 Block V 638 29 425 Fairview 430 182 Communita Atelier 98 30 Sitka 384 183 Emerald, The 266 141 31 Hugo House 80 139 140 184 F. X. McRory Building Redevelopment 55 32 Broadstone First Hill 350 136 233 185 Mercer Blocks, Block 25 West 83 34 Redmond 148 244 186 Mercer Blocks, Block 31 81 285 307 289 35 970 Denny 461 286 185 184 187 Rainier Square Redevelopment 200 36 McKenzie 450 142 176 188 Times Building 433 197 46 Anthology 400 284 59 189 Shilla Tower 286 47 2100 East Madison 50 304 190 St. Johns 430 48 2220 East Union 144 5 170 181 171 161 191 Third & Lenora 384 138 305 28 51 Valdok, The 177 192 722 East Pike Street 90 72 60 53 Metro 112 Phase II 57 177 193 800 Columbia Street 274 59 Westridge Phase II 50 283 29 194 Crosby Capitol Hill 50 195 Esker 70 60 624 Yale 206 51 309 302 63 159 12 61 Cascade 275 189 196 Spring Street & 8th Avenue 550 265 144 62 Broadstone Lexington 75 26 169 303 15 197 16th & Cherry 50 175 188 34 187 236 73 198 City People's Redevelopment 76 63 AirMark 370 146 180 150 199 Jackson & 26th 77 68 Heron Flats + Lofts 95 168 35 164 149 312 46 200 SpringHill Suites 84 70 Liv Fauntleroy 53 179 1 297 240 234 288 72 Cubix Aurora 108 287 232 Redmond Town Center 286 16 30 160 76 233 2031 Westlake 71 73 Elan Uptown Flats 196 172 76 Maude Urban Living 76 167 36 2 234 Center Steps 285 77 357 299 165 9 235 600 East Howell Street 76 163 194 Total Under Construction 8,131 193 191 236 Capitol Hill TOD Site A 152 20 173 81 420 NE 72nd Street 180 298 310 77 240 Hyde Square 618 166 174 148 145 132 Woodin Creek Village Phase II - V 338 190 241 Street 1051 134 Werner, The 59 241 178 242 3rd & Virginia 453 135 1110 Dexter Avenue North 85 243 707 Terry Avenue 488 53 5 25 136 1115 Dexter Avenue North 170 244 Yesler Terrace Block 4 200 137 14 West Roy Street 127 182 21 245 First Central Station 383 138 2100 Queen Anne Avenue North 100 162 246 Metro Line Flats 75 186 195 139 320 Queen Anne Avenue North 59 68 247 N-Habit Rainier 135 140 400 Roy 65 196 Total Planned 17,557 141 701 Valley Street 161 322 Path Othello Buildings A & B 435 142 800 5th Avenue North 68 192 242 61 283 Village at Totem Lake Phase II 650 143 Mariner on Republican 128 284 215 1st Avenue North 68 144 Stream Dexios 88 31 285 417 2nd Avenue West 79 301 286 631 Queen Anne Avenue North 64 145 121 12th Avenue East 51 158 146 14th & Madison 137 306 287 Niwa 105 244 288 1208 East Olive Street 61 148 3272 Fuhrman Avenue East 61 245 149 953 East Union Street 59 289 1732 Broadway 224 48 150 Capitol Hill TOD Site C 92 297 Spring District 279 243 158 Spring District 204 308 200 313 19th & Madison 160 159 100 Columbia Street 287 316 Junction Landing 62 325 434 Kirkland Way 173 160 1120 John Street 843 300 198 161 1121 Stewart Street 95 326 1029 South Jackson Street 320 162 1170 Republican 91 81 32 247 327 12th & Jackson 280 163 1513 3rd Avenue 60 183 328 23rd Avenue & East Union Street 420 313 164 1800 Terry Avenue 384 199 Total Prospective 2,945 165 1901 Minor Avenue 940 246 166 2121 5th Avenue 136

LEGEND Lease-Up Under Construction 316 Planned Prospective 5 mi Source: Yardi Matrix

a Berkshire Hathaway and Leucadia National company Seattle New Construction & Proposed Multifamily Projects 3Q17

ID PROPERTY UNITS 100 Northgate Eighth 139 92 237 Capitol Hill TOD Site B South 73 3 Assembly 118 359 101 1514 NW 52nd Street 62 238 888 108th Avenue NE 158 4 Avalon Newcastle Commons 378 102 1718 NW 56th Street 164 239 Crossroads Senior Living 185 6 Tria 76 103 5512 17th Avenue NW 90 248 Promenade 23 570 7 Two Lincoln Tower 218 104 5611 17th Avenue NW 74 249 Issaquah Gateway Senior 145 8 Sunrise Eleven 60 105 6301 15th Avenue NW 63 250 Beacon Crossing 97 10 Eddy at Green Lake Village, The 130 106 6416 15th Avenue NW 75 251 Stazione:25, The 301 13 Lynnwood City Center Senior Living 308 107 8311 15th Avenue NW 83 252 3717 South Alaska 243 14 Spencer 68 Phase II, The 59 108 4025 Stone Way North 59 253 Cubix Othello 85 Total Lease-Up 1,588 109 4201 Stone Way North 51 254 Sunset Terrace Redevelopment 226 17 Avalon Belltown Towers 275 110 6717 Roosevelt Way NE 106 84 Phase II Total Planned 14,713 18 Boulevard Place 292 111 6860 East Green Lake Way North 59 83 255 4048 7th Avenue NE 80 19 Kirkland Urban 185 112 7011 Roosevelt Way NE 57 256 University Way 59 22 1001 Minor 209 113 743 North 35th Street 56 257 Lynnwood Place 330 23 Main Street Flats Phase II 165 114 836 NE 66th Street 78 258 Point Wells Urban Center 250 24 Puget Park Urban Center 256 115 8403 Greenwood Avenue North 70 259 Andorra Estates 84 27 Alexan 100 164 116 LIV Roosevelt 83 260 Andorra Estates Phase II 240 33 Modera Jackson 160 117 Phinney Flats 59 261 Paradise Lake Road & StateRoute522 360 37 Urban Green Villa 132 118 4510 11th Avenue NE 201 262 Arabella II 107 38 Upton Flats 104 119 4516 Union Bay Place 61 263 Ballinger 76 39 Lane 217 120 4536 20th Avenue NE 64 264 Bothell Way 200 40 Bothell 185 135 121 4700 Brooklyn Avenue NE 72 265 10540 Greenwood Avenue North 54 41 Sonata East 91 122 4710 20th Avenue NE 52 266 209 North 87th Street 52 42 13281 Aurora Avenue North 170 123 5260 University Way 68 267 Jackson Square 65 43 Park Lane 128 23 124 Brooklyn Flats, The 55 268 Lake City 73 44 Alexan Marymoor 227 125 Centerline 131 88 269 Lake City Parcel C 65 45 StationHouse 216 126 Centerline 200 85 91 270 7730 15th Avenue NW 54 49 Batik 195 127 Roosevelt 114 256 271 4239 8th Avenue NE 52 50 University 123 128 Vida 201 86 272 6300 9th Avenue NE 140 13 52 2nd & John 80 129 Bear Creek 360 87 273 6501 Roosevelt Way NE 126 54 Natasha, The 150 130 Modera Redmond 300 274 North 39th 153 55 Axle 226 131 Village at Totem Lake 201 259 258 260 275 5300 Roosevelt Way NE 55 56 6921 Roosevelt Way NE 72 133 Interbay 94 89 257 262 276 Brooklyn 71 57 Mirador 162 147 1833 Broadway 50 8 277 Trailside Redevelopment 293 58 Ravello 102 151 Gerrish Hall 55 261 78 74 65 278 Potala Village 59 267 4 64 Orion 129 152 1021 112th Avenue NE 258 17 266 263 39 131 279 Redmond City Center 421 65 Atlas, The 98 153 Bellevue Parkside 136 41 49 280 Redmond Triangle 197 97 Village at Beardslee 154 Bellevue Square 250 71 38 96 281 Rose Hill 650 66 Crossing Phase II, The 147 155 ELEV8 439 99 282 Village, The 96 67 8228 Green Lake Drive North 70 264 95 80 130 282 156 Four 106 Phase I 326 268 290 Bellview 58 69 West Edge Tower @ 2nd & Pike 339 106 98 265 110 111 157 Plaza Residential 260 55 291 Cadillac Site Phase I & II 295 71 Leeward 296 269 94 93 66 10 129 201 Yesler Terrace Block 3 237 109 127 292 Four 106 Phase II 200 230 75 281 74 Footprint Twenty First 73 202 Shorewood Heights Phase III 57 114 272 18 280 278 101 113 272 124 44 293 Four 106 Phase III 100 75 Junction 130 50 116 108 324 19 203 Quendall Terminals 692 102 271 125 42 57 279 294 Ventana on Main 68 78 Boylston Flats 107 100 273 107 204 Inneswood 93 133 123 118 277 128 67 295 1215 120th Avenue NE 420 79 Swedish Crest 53 274 43 205 Vale 110 54 112 117 119 82 296 1215 120th Avenue NE Phase II 250 80 Arion 98 132 231 206 2749 California Avenue SW 110 147 120 290 298 1916 Boren Avenue 250 Total Under Construction 5,776 27 56 33 207 3039 SW Avalon Way 71 24 239 299 2214 2nd Avenue 124 82 501 Rainier Avenue 92 7 153 295 208 4721 38th Avenue SW 50 157 238 300 314 Bell Street 340 83 Blackbird 165 209 4722 Fauntleroy Way SW 250 296 301 316 Alaskan Way South 200 84 32nd & Broadway 140 58 210 4800 40th Avenue SW 67 213 214 317 302 4th & Columbia 1020 85 Waterfront Place Central 250 211 Avalon South 102 217 303 9th & John 270 205 249 216 201 86 Allegro at Ash Creek 114 212 Braseth 42nd 77 206 250 304 Block 48 464 87 Evergreen Village 231 210 215 213 Foundry, The 118 220 221 305 Block 56 North 90 315 45 88 Lynnview 60 214 Perch 100 208 4 204 306 Block 56 South 294 206 222 318 6 248 89 Greater Residence 123 215 1405 South Bayview Street 80 211 212 40 203 307 Civic Square Tower 520 210 218 64 90 Westgate Village 85 216 Beacon Hill 65 209 219 251 308 Mercer Blocks, Block 37 218 69 202 91 Avalon North Creek 316 217 2016 23rd Avenue South 100 219 319 309 Pioneer Square Redevelopment 132 92 18727 Blueberry Lane 112 218 2019 24th Avenue South 67 37 320 3 310 Seattle Unity Church Redevelopment 348 93 Lodge Phase III, The 200 321 219 5201 Rainier Avenue South 107 252 225 253 314 311 Convention Center Site B 409 94 320 North 85th Street 224 312 12th Avenue South 282 220 6901 Martin Luther King 149 223 95 8612 Palatine Avenue North 145 Jr Way South 314 Rainier 193 96 9731 Greenwood Avenue North 54 221 Columbia City 80 315 Dahlgren 212 62 97 Artisan, The 172 222 Link Mt. Baker 150 224 317 1200 12th Avenue South 300 98 GreenLofts Lake City 109 223 Sonata West 98 318 1801 Rainier Avenue South 186 99 Greenwood 84 224 Barton Terrace 66 227 319 4221 37th Avenue South 55 188 433 225 Avaya 74 74 320 6730 Rainier Avenue South 98 226 LEGEND 226 Sunset Terrace Redevelopment 112 322 321 Path Othello Building C 70 227 Kent Midway 265 322 Path Othello Buildings A & B 435 Lease-Up 228 229 228 Waterview Crossing Building 3 326 323 323 Talus 380 Under Construction 229 Madison Plaza 164 324 Riverbend 500 Planned 230 Reserve at Kent, The 252 329 Boren Avenue & East Yesler Way 290 Total Planned 13,533 Prospective 231 Iron Flats 289 231 Iron Flats 289 5 mi Source: Yardi Matrix

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

FORECASTED ID PROPERTY NAME ADDRESS CITY STATE ZIP OWNER NAME STATUS UNITS SUBMARKET PERMIT DATE START OF COMPLETION DATE RENT-UP 1 Stratus 820 Lenora Street Seattle WA 98121 GID lease-Up 430 Belltown 09/01/2015 01/31/2018 08/30/2017 2 AMLI Arc 1800 Boren Avenue Seattle WA 98101 AMLI Residential lease-Up 393 Belltown 08/15/2015 12/31/2017 08/01/2017 3 Assembly 118 4200 South Othello Street Seattle WA 98118 Othello Partners lease-up 359 Rainier Valley 08/20/2015 12/31/2017 06/01/2017 4 Avalon Newcastle Commons 13398 Newcastle Commons Drive Newcastle WA 98059 AvalonBay Communities lease-up 378 Factoria 11/15/2015 12/31/2017 08/15/2016 5 Cora 350 1st Avenue West Seattle WA 98119 Teutsch, John lease-up 75 Queen Anne 04/25/2016 10/31/2017 06/16/2017 6 Tria 12833 Newcastle Way Newcastle WA 98056 Goodman Real Estate lease-up 76 Factoria 07/15/2016 10/31/2017 06/01/2017 7 Two Lincoln Tower 410 Bellevue Way NE Bellevue WA 98004 Kemper Development lease-up 218 Bellevue-West 10/01/2014 10/31/2017 06/15/2016 8 Sunrise Eleven 20015 Ballinger Way NE Shoreline WA 98155 Chou, John lease-up 60 Shoreline 03/01/2016 09/30/2017 08/01/2017 9 Broadcast 1420 East Madison Street Seattle WA 98122 Metropolitan Companies, The lease-up 74 Capitol Hill/Eastlake 03/01/2016 09/30/2017 07/24/2017 10 Eddy at Green Lake Village, The 419 NE 71st Street Seattle WA 98115 Wallace Properties lease-up 130 Greenlake/Wallingford 12/01/2015 09/30/2017 06/12/2017 11 Helios 1600 2nd Avenue Seattle WA 98101 Equity Residential lease-up 398 Belltown 09/17/2014 09/30/2017 06/03/2017 12 Cascade 221 Minor Avenue North Seattle WA 98109 Equity Residential lease-up 477 Belltown 01/15/2015 09/30/2017 03/01/2017 13 Lynnwood City Center Senior Living 19501 40th Avenue West Lynnwood WA 98036 Pacific Northern Construction lease-up 308 Lynnwood 11/15/2015 09/30/2017 11/01/2016 14 Spencer 68 Phase II, The 18149 68th Avenue NE Kenmore WA 98028 Main Street Property Group lease-up 59 Bothell 11/15/2015 09/30/2017 06/01/2016 TOTAL LEASE-UP 3435 15 John Street & Fairview Avenue North 1120 Seattle WA 98109 Onni Real Estate Under Construction 1128 Belltown 05/01/2017 08/31/2020 16 Esterra Park Blocks 5, 6A and 9 SWC 156th Avenue NE & NE Turing Street Redmond WA 98052 Lincoln Property Company Under Construction 658 09/15/2017 12/31/2019 17 Avalon Belltown Towers 210 Wall Street Seattle WA 98121 AvalonBay Communities Under Construction 275 Belltown 07/01/2017 05/31/2019 18 Boulevard Place 18221 Bothell Way NE Bothell WA 98011 Senior Housing Assistance Group Under Construction 292 Bothell 07/01/2017 05/31/2019 19 Kirkland Urban Central Way & 6th Street Kirkland WA 98033 Talon Private Capital Under Construction 185 Kirkland 10/03/2016 03/31/2019 20 Alexan Central Park 16160 NE 80th Street Redmond WA 98052 Trammell Crow Residential Under Construction 193 Redmond 04/01/2017 03/31/2019 21 Arrive 2116 4th Avenue Seattle WA 98121 Molasky Group of Companies, The Under Construction 339 Belltown 12/01/2016 03/31/2019 22 1001 Minor 1001 Minor Avenue Seattle WA 98104 Holland Partners Under Construction 209 First Hill 07/01/2017 03/31/2019 23 Main Street Flats Phase II 10625 Main Street Bellevue WA 98004 Alamo Manhattan Under Construction 165 Bellevue-West 08/01/2017 01/31/2019 24 Puget Park Urban Center 13127 Meridian Avenue South Everett WA 98208 Devco Under Construction 256 Mill Creek 04/01/2017 12/31/2018 25 AVA at Esterra Park 15301 NE Turing Street Redmond WA 98052 AvalonBay Communities Under Construction 323 Redmond 05/01/2017 12/31/2018 26 Danforth, The 1001 Broadway Seattle WA 98122 Columbia Pacific Advisors Under Construction 265 First Hill 08/01/2016 12/31/2018 27 Alexan 100 100 Denny Way Seattle WA 98109 Trammell Crow Residential Under Construction 164 Queen Anne 04/01/2017 11/30/2018 28 Bellevue Vuecrest 1000 100th Avenue NE Bellevue WA 98004 Continental Properties Under Construction 137 Bellevue-West 10/01/2016 11/30/2018 29 425 Fairview 425 Fairview Avenue North Seattle WA 98109 Greystar Under Construction 430 Belltown 11/21/2016 11/30/2018 30 Sitka 1255 Harrison Street Seattle WA 98109 Vulcan Under Construction 384 Belltown 09/01/2016 11/30/2018 31 Hugo House 1634 11th Avenue Seattle WA 98122 Meriwether Partners Under Construction 80 Capitol Hill/Eastlake 09/01/2016 10/31/2018 32 Broadstone First Hill 1001 James Street Seattle WA 98104 Alliance Residential Company Under Construction 350 First Hill 11/01/2016 10/31/2018 33 Modera Jackson 1801 South Jackson Street Seattle WA 98144 Mill Creek Residential Trust Under Construction 160 Central 05/01/2017 10/31/2018 34 Redmond 148 3040 148th Avenue NE Redmond WA 98052 Taylor Development Under Construction 244 Redmond 03/01/2017 09/30/2018 35 970 Denny 970 Denny Way Seattle WA 98109 Holland Partners Under Construction 461 Belltown 06/20/2016 09/30/2018 36 McKenzie 2202 8th Avenue Seattle WA 98121 Clise Properties Under Construction 450 Belltown 12/05/2015 09/30/2018 37 Urban Green Villa 2401 3rd Avenue Seattle WA 98121 Chainqui Development Under Construction 132 Belltown 03/15/2017 09/30/2018 38 Upton Flats 6058 35th Avenue SW Seattle WA 98126 Shelter Holdings Under Construction 104 West Seattle 05/01/2017 09/30/2018 39 Lane 10702 5th Avenue NE Seattle WA 98125 Goodman Real Estate Under Construction 217 North Seattle 02/01/2017 08/31/2018 40 Bothell 185 18420 102nd Avenue NE Bothell WA 98011 Tarragon Under Construction 135 Bothell 03/02/2017 07/31/2018 41 Sonata East 3004 South Alaska Street Seattle WA 98108 BDR Companies Under Construction 91 Rainier Valley 04/01/2017 07/31/2018 42 13281 Aurora Avenue North 13281 Aurora Avenue North Seattle WA 98133 GMD Development Under Construction 170 North Seattle 02/01/2017 06/30/2018 43 Park Lane 113 3rd Street Kirkland WA 98033 Continental Properties Under Construction 128 Kirkland 11/15/2016 06/30/2018 44 Alexan Marymoor 6081 East Lake Sammamish Pkwy NE Redmond WA 98052 Trammell Crow Residential Under Construction 227 Redmond 11/01/2016 06/30/2018 45 StationHouse 16600 NE 79th Street Redmond WA 98052 Deal, Garrison Under Construction 216 Redmond 10/01/2016 06/30/2018 46 Anthology 2300 Newport Way NW Issaquah WA 98027 Wolff Company, The Under Construction 400 Issaquah 04/01/2016 06/30/2018 47 2100 East Madison 2100 East Madison Street Seattle WA 98112 JC Mueller Under Construction 50 Capitol Hill/Eastlake 06/20/2017 05/31/2018 48 2220 East Union 2220 East Union Street Seattle WA 98122 Lake Union Partners Under Construction 144 Central 01/15/2017 05/31/2018 49 Batik 123 Broadway Seattle WA 98122 Vulcan Under Construction 195 First Hill 06/15/2016 05/31/2018 50 University 3025 NE 130th Street Seattle WA 98125 Duan, Gaofeng Under Construction 123 North Seattle 02/01/2017 04/30/2018 51 Valdok, The 1701 NW 56th Street Seattle WA 98107 Lennar Multifamily Communities Under Construction 177 Ballard 10/01/2016 04/30/2018 52 2nd & John 200 2nd Avenue West Seattle WA 98119 Continental Properties Under Construction 80 Queen Anne 02/15/2017 04/30/2018 53 Metro 112 Phase II 317 112th Avenue NE Bellevue WA 98004 Simpson Housing Under Construction 57 Bellevue-West 08/15/2016 04/30/2018 54 Natasha, The 2134 Western Avenue Seattle WA 98121 Johnson Development Associates Under Construction 150 Belltown 06/17/2016 04/30/2018 55 Axle 3230 16th Avenue West Seattle WA 98119 Lennar Multifamily Communities Under Construction 226 Magnolia 08/15/2016 04/30/2018 56 6921 Roosevelt Way NE 6921 Roosevelt Way NE Seattle WA 98115 Blueprint Capital Under Construction 72 Greenlake/Wallingford 02/01/2017 03/31/2018 57 Mirador NWC NE 10th Street & 103rd Avenue NE Bellevue WA 98004 Create World US Under Construction 162 Bellevue-West 08/01/2016 03/31/2018 58 Ravello 16180 NE 80th Street Redmond WA 98052 Shelter Holdings Under Construction 102 Redmond 10/03/2016 02/28/2018 59 Westridge Phase II 512 121st Place NE Bellevue WA 98005 Seamark Properties Under Construction 50 Bellevue-East 03/01/2017 02/28/2018 60 624 Yale 624 Yale Avenue North Seattle WA 98109 Blume Company, The Under Construction 206 Belltown 08/01/2016 02/28/2018 61 Cascade 1212 Harrison Street Seattle WA 98109 Holland Partners Under Construction 275 Belltown 09/01/2016 02/28/2018 62 Broadstone Lexington 1050 James Street Seattle WA 98104 Alliance Residential Company Under Construction 75 First Hill 11/01/2016 02/28/2018 63 AirMark 223 Andover Park East Tukwila WA 98188 Lee, Omar P. Under Construction 370 Riverton/Tukwila 05/01/2015 02/28/2018 64 Orion 9th Avenue North & John Street Seattle WA 98109 Vulcan Under Construction 129 Belltown 12/15/2016 02/28/2018 65 Atlas, The 12901 Newcastle Way Newcastle WA 98056 Solterra Systems Under Construction 98 Factoria 08/05/2015 02/28/2018 66 Village at Beardslee Crossing Phase II, The 19122 Beardslee Blvd Bothell WA 98011 West Ridge Land Under Construction 147 Bothell 08/01/2016 01/31/2018 67 8228 Green Lake Drive North 8228 Green Lake Drive North Seattle WA 98103 Goodman Real Estate Under Construction 70 Greenlake/Wallingford 04/01/2017 01/31/2018 68 Heron Flats + Lofts 7662 159th Place NE Redmond WA 98052 Main Street Property Group Under Construction 95 Redmond 07/15/2016 01/31/2018 69 West Edge Tower @ 2nd & Pike 1430 2nd Avenue Seattle WA 98101 Urban Visions Under Construction 339 Belltown 07/23/2015 01/31/2018 70 Liv Fauntleroy 4801 Fauntleroy Way SW Seattle WA 98116 Paar Development Under Construction 53 West Seattle 12/01/2016 01/31/2018 71 Leeward 1319 Dexter Avenue North Seattle WA 98109 Shea Properties Under Construction 296 Queen Anne 01/01/2016 01/31/2018 72 Cubix Aurora 1008 North 109th Street Seattle WA 98133 Parkstone Investments Under Construction 108 North Seattle 01/15/2017 12/31/2017 73 Elan Uptown Flats 300 1st Avenue West Seattle WA 98119 Greystar Under Construction 196 Queen Anne 08/15/2016 12/31/2017 74 Footprint Twenty First 111 21st Avenue East Seattle WA 98112 Johnson & Carr Under Construction 73 Capitol Hill/Eastlake 09/01/2016 11/30/2017 75 Junction 18505 Bothell Way NE Bothell WA 98011 Main Street Property Group Under Construction 130 Bothell 07/01/2016 10/31/2017 76 Maude Urban Living 836 NE 67th Street Seattle WA 98115 Emerald Bay Equity Under Construction 76 Greenlake/Wallingford 09/01/2016 10/31/2017 77 Kinects 1823 Minor Avenue Seattle WA 98101 Security Properties Under Construction 357 Belltown 02/09/2015 10/31/2017 78 Boylston Flats 1404 Boylston Avenue Seattle WA 98122 Johnson & Carr Under Construction 107 First Hill 07/01/2016 10/31/2017 79 Swedish Crest 9625 NE 191st Street Bothell WA 98011 Harbour Homes Under Construction 53 Bothell 07/01/2016 09/30/2017 80 Arion 4230 11th Avenue NE Seattle WA 98105 Xiao, Danny Under Construction 98 University 01/27/2016 09/30/2017 TOTAL UNDER CONSTRUCTION 13,907 81 420 NE 72nd Street 420 NE 72nd Street Seattle WA 98115 Wallace Properties Planned 180 82 501 Rainier Avenue 501 Rainier Avenue South Seattle WA 98144 Plymouth Housing Group Planned 92

Source: Yardi Matrix Seattle New Construction and Proposed Multifamily Projects

FORECASTED ID PROPERTY NAME ADDRESS CITY STATE ZIP OWNER NAME STATUS UNITS SUBMARKET PERMIT DATE START OF COMPLETION DATE RENT-UP 83 Blackbird 7635 159th Place NE Redmond WA 98052 Deal Investments Planned 165 84 32nd & Broadway SWC 32nd Street & Broadway Everett WA 98201 American Capital Group Planned 140 Central Everett 85 Waterfront Place Central 14th Street & Marine View Drive Everett WA 98201 Sea Level Properties Planned 250 Central Everett 86 Allegro at Ash Creek 16617 Ash Way Lynnwood WA 98037 Integral Northwest Planned 114 Lynnwood 87 Evergreen Village 18626 State Highway 99 Lynnwood WA 98037 Hoang, Hang Planned 231 Lynnwood 88 Lynnview 5821 200th Street Lynnwood WA 98036 Williams Investments Planned 60 Lynnwood 89 Greater Residence 16224 Meadow Road Lynnwood WA 98087 Pao, Ly Planned 123 Mill Creek 90 Westgate Village 10032 Edmonds Way Edmonds WA 98020 Henbart Planned 85 Edmonds 91 Avalon North Creek 19720 Bothell Everett Hwy Bothell WA 98012 AvalonBay Communities Planned 316 Thrashers Corner 92 18727 Blueberry Lane 18727 Blueberry Lane Monroe WA 98272 Same Investment Company Planned 112 Marysville/Monroe 93 Lodge Phase III, The 17500 25th Avenue NE Marysville WA 98271 Wakefield Planned 200 Marysville/Monroe 94 320 North 85th Street 320 North 85th Street Seattle WA 98103 Shea Properties Planned 224 North Seattle 95 8612 Palatine Avenue North 8612 Palatine Avenue North Seattle WA 98103 Greenwood MSC Properties Planned 145 North Seattle 96 9731 Greenwood Avenue North 9731 Greenwood Avenue North Seattle WA 98103 MVM Development Planned 54 North Seattle 97 Artisan, The 12706 33rd Avenue NE Seattle WA 98125 Lin, Tzong Planned 172 North Seattle 98 GreenLofts Lake City 12320 32nd Avenue NE Seattle WA 98125 Vale, Donald Planned 109 North Seattle 99 Greenwood 9039 Greenwood Avenue North Seattle WA 98103 Pastakia + Associates Planned 84 North Seattle 100 Northgate Eighth 10711 8th Avenue NE Seattle WA 98125 Wallace Properties Planned 139 North Seattle 101 1514 NW 52nd Street 1514 NW 52nd Street Seattle WA 98107 Calhoun Properties Planned 62 Ballard 102 1718 NW 56th Street 1718 NW 56th Street Seattle WA 98107 Lennar Multifamily Communities Planned 164 Ballard 103 5512 17th Avenue NW 5512 17th Avenue NW Seattle WA 98107 Greenbuild Development Planned 90 Ballard 104 5611 17th Avenue NW 5611 17th Avenue NW Seattle WA 98107 Calhoun Properties Planned 74 Ballard 105 6301 15th Avenue NW 6301 15th Avenue NW Seattle WA 98107 Noren Development Planned 63 Ballard 106 6416 15th Avenue NW 6416 15th Avenue NW Seattle WA 98107 Pryde Johnson Planned 75 Ballard 107 8311 15th Avenue NW 8311 15th Avenue NW Seattle WA 98117 Hamilton Urban Partners Planned 83 Ballard 108 4025 Stone Way North 4025 Stone Way North Seattle WA 98103 Paar Development Planned 59 Greenlake/Wallingford 109 4201 Stone Way North 4201 Stone Way North Seattle WA 98103 Isola Homes Planned 51 Greenlake/Wallingford 110 6717 Roosevelt Way NE 6717 Roosevelt Way NE Seattle WA 98115 HIVE Planned 106 Greenlake/Wallingford 111 6860 East Green Lake Way North 6860 East Green Lake Way North Seattle WA 98115 Blueprint Capital Planned 59 Greenlake/Wallingford 112 7011 Roosevelt Way NE 7011 Roosevelt Way NE Seattle WA 98115 MRN Homes Planned 57 Greenlake/Wallingford 113 743 North 35th Street 743 North 35th Street Seattle WA 98103 America's Choice Real Estate Planned 56 Greenlake/Wallingford 114 836 NE 66th Street 836 NE 66th Street Seattle WA 98115 Blueprint Capital Planned 78 Greenlake/Wallingford 115 8403 Greenwood Avenue North 8403 Greenwood Avenue North Seattle WA 98127 Slattery Properties Planned 70 Greenlake/Wallingford 116 LIV Roosevelt 6404 9th Avenue NE Seattle WA 98115 Paar Development Planned 83 Greenlake/Wallingford 117 Phinney Flats 6726 Greenwood Avenue North Seattle WA 98103 W.G. Clark Construction Planned 59 Greenlake/Wallingford 118 4510 11th Avenue NE 4510 11th Avenue NE Seattle WA 98105 PFHC Investments Planned 201 University 119 4516 Union Bay Place 4516 Union Bay Place NE Seattle WA 98105 InCity Properties Planned 61 University 120 4536 20th Avenue NE 4536 20th Avenue NE Seattle WA 98105 Sea Level Properties Planned 64 University 121 4700 Brooklyn Avenue NE 4700 Brooklyn Avenue NE Seattle WA 98105 Fields Holdings Planned 72 University 122 4710 20th Avenue NE 4710 20th Avenue NE Seattle WA 98107 Seattle Land Use Company, The Planned 52 University 123 5260 University Way 5260 University Way NE Seattle WA 98105 Lin, Yuan Planned 68 University 124 Brooklyn Flats, The 1222 NE 65th Street Seattle WA 98115 Blueprint Capital Planned 55 University 125 Centerline 6502 15th Avenue NE Seattle WA 98115 HB Management Planned 131 University 126 Centerline 6505 15th Avenue NE Seattle WA 98115 Roosevelt Development Group Planned 200 University 127 Roosevelt 4218 Roosevelt Way NE Seattle WA 98105 G & K Brothers Planned 114 University 128 Vida 6516 12th Avenue NE Seattle WA 98115 HB Management Planned 201 University 129 Bear Creek 15806 Bear Creek Pkwy Redmond WA 98052 Fairfield Residential Planned 360 Redmond 130 Modera Redmond 8709 161st Avenue NE Redmond WA 98052 Mill Creek Residential Trust Planned 300 Redmond 131 Village at Totem Lake 12601 120th Avenue NE Kirkland WA 98034 CenterCal Properties Planned 201 Woodinville/Totem Lake 132 Woodin Creek Village Phase II - V 17300 135th Avenue NE Woodinville WA 98072 Weidner Investment Services Planned 338 Woodinville/Totem Lake 133 Interbay 3008 16th Avenue West Seattle WA 98119 Teutsch, John Planned 94 Magnolia 134 Werner, The 3046 17th Avenue West Seattle WA 98119 Kamin Properties Planned 59 Magnolia 135 1110 Dexter Avenue North 1110 Dexter Avenue North Seattle WA 98109 Holland Partners Planned 85 Queen Anne 136 1115 Dexter Avenue North 1115 Dexter Avenue North Seattle WA 98109 Capstone Partners Planned 170 Queen Anne 137 14 West Roy Street 14 West Roy Street Seattle WA 98119 Frontier Development Planned 127 Queen Anne 138 2100 Queen Anne Avenue North 2100 Queen Anne Avenue North Seattle WA 98109 Holland Partners Planned 100 Queen Anne 139 320 Queen Anne Avenue North 320 Queen Anne Avenue North Seattle WA 98109 Matni, Atef Planned 59 Queen Anne 140 400 Roy 400 Roy Street Seattle WA 98109 Plus Investments USA Planned 65 Queen Anne 141 701 Valley Street 701 Valley Street Seattle WA 98109 Investco Financial Planned 161 Queen Anne 142 800 5th Avenue North 800 5th Avenue North Seattle WA 98109 Blueprint Capital Planned 68 Queen Anne 143 Mariner on Republican 203 West Republican Street Seattle WA 98119 Pastakia + Associates Planned 128 Queen Anne 144 Stream Dexios 1600 Dexter Avenue North Seattle WA 98109 Stream Real Estate Planned 88 Queen Anne 145 121 12th Avenue East 121 12th Avenue East Seattle WA 98102 Hardy Development Companies Planned 51 Capitol Hill/Eastlake 146 14th & Madison 1401 East Madison Street Seattle WA 98122 Equity Residential Planned 137 Capitol Hill/Eastlake 147 1833 Broadway 1833 Broadway Seattle WA 98122 Champion Development Planned 50 Capitol Hill/Eastlake 148 3272 Fuhrman Avenue East 3272 Fuhrman Avenue East Seattle WA 98102 Hardy Development Companies Planned 61 Capitol Hill/Eastlake 149 953 East Union Street 953 East Union Street Seattle WA 98122 Sea Level Properties Planned 59 Capitol Hill/Eastlake 150 Capitol Hill TOD Site C 1830 Broadway Seattle WA 98122 Gerding Edlen Development Planned 92 Capitol Hill/Eastlake 151 Gerrish Hall 1820 Boylston Avenue Seattle WA 98122 Hycroft International Planned 55 Capitol Hill/Eastlake 152 1021 112th Avenue NE 1021 112th Avenue NE Bellevue WA 98004 Su Development Planned 258 Bellevue-West 153 Bellevue Parkside 25 102nd Avenue NE Bellevue WA 98004 Continental Properties Planned 136 Bellevue-West 154 Bellevue Square 10485 NE 6th Street Bellevue WA 98004 Kemper Development Planned 250 Bellevue-West 155 ELEV8 10833 NE 8th Street Bellevue WA 98004 Plus Investments USA Planned 439 Bellevue-West 156 Four 106 Phase I 320 106th Avenue NE Bellevue WA 98004 Fana Group Planned 326 Bellevue-West 157 Plaza Residential 10850 NE 8th Street Bellevue WA 98004 KBS Realty Advisors Planned 260 Bellevue-West 158 Spring District NWC 124th Avenue NE & NE 12th Street Bellevue WA 98005 AMLI Residential Planned 204 Bellevue-East 159 100 Columbia Street 100 Columbia Street Seattle WA 98104 Nitze-Stagen and Company Planned 287 Belltown 160 1120 John Street 1120 John Street Seattle WA 98109 Onni Real Estate Planned 843 Belltown 161 1121 Stewart Street 1121 Stewart Street Seattle WA 98101 Nipo Downtown Hotel Planned 95 Belltown 162 1170 Republican 1170 Republican Street Seattle WA 98109 Plus Investments USA Planned 91 Belltown 163 1513 3rd Avenue 1513 3rd Avenue Seattle WA 98101 Urban Visions Planned 60 Belltown 164 1800 Terry Avenue 1800 Terry Avenue Seattle WA 98101 Atcon Construction Planned 384 Belltown 165 1901 Minor Avenue 1901 Minor Avenue Seattle WA 98101 Crescent Heights of America Planned 940 Belltown 166 2121 5th Avenue 2121 5th Avenue Seattle WA 98121 Tsang, Rick Planned 136 Belltown

Source: Yardi Matrix Seattle New Construction and Proposed Multifamily Projects

FORECASTED ID PROPERTY NAME ADDRESS CITY STATE ZIP OWNER NAME STATUS UNITS SUBMARKET PERMIT DATE START OF COMPLETION DATE RENT-UP 167 2218 1st Avenue 2218 1st Avenue Seattle WA 98121 Ederer Investment Company Planned 66 Belltown 168 2801 Elliott Avenue 2801 Elliott Avenue Seattle WA 98121 Nitze-Stagen and Company Planned 61 Belltown 169 3031 Western Avenue 3031 Western Avenue Seattle WA 98121 Martin Selig Real Estate Planned 100 Belltown 170 307 Broad 307 Broad Street Seattle WA 98121 Connell Company, The Planned 149 Belltown 171 408 Aurora Avenue North 408 Aurora Avenue North Seattle WA 98109 Metropolitan Companies, The Planned 78 Belltown 172 427 9th Avenue North 427 9th Avenue North Seattle WA 98109 Create World US Planned 242 Belltown 173 4th & Bell Tower 2302 4th Avenue Seattle WA 98121 Daniels Real Estate Planned 287 Belltown 174 5th & Lenora SEC Lenora Street & 5th Avenue Seattle WA 98121 Vulcan Planned 470 Belltown 175 5th & Virginia 1933 5th Avenue Seattle WA 98101 Douglaston Development Planned 431 Belltown 176 600 Wall Street 600 Wall Street Seattle WA 98121 Laconia Development Planned 370 Belltown 177 601 Aurora Avenue North 601 Aurora Avenue North Seattle WA 98109 PFHC Investments Planned 123 Belltown 178 901 Harrison Street 901 Harrison Street Seattle WA 98109 Vulcan Planned 292 Belltown 179 Altitude Residences 1903 5th Avenue Seattle WA 98101 Stanford Hotels Planned 236 Belltown 180 Antioch University Site 2300 6th Avenue Seattle WA 98121 Paragon Real Estate Advisors Planned 1036 Belltown 181 Block V 2301 7th Avenue Seattle WA 98121 Clise Properties Planned 638 Belltown 182 Communita Atelier 403 Dexter Avenue North Seattle WA 98109 Wilshire Capital Partners Planned 98 Belltown 183 Emerald, The 1613 2nd Avenue Seattle WA 98101 Create World US Planned 266 Belltown 184 F. X. McRory Building Redevelopment 419 Occidental Avenue South Seattle WA 98104 Urban Villages Planned 55 Belltown 185 Mercer Blocks, Block 25 West 630 Boren Avenue North Seattle WA 98109 Vulcan Planned 83 Belltown 186 Mercer Blocks, Block 31 625 Boren Avenue North Seattle WA 98109 Vulcan Planned 81 Belltown 187 Rainier Square Redevelopment SEC Union Street & 4th Avenue Seattle WA 98101 Wright Runstad & Company Planned 200 Belltown 188 Seattle Times Building 121 Boren Avenue North Seattle WA 98104 H5 Capital Planned 433 Belltown 189 Shilla Tower 2300 8th Avenue Seattle WA 98121 North America Development Group Planned 286 Belltown 190 St. Johns 1001 John Street Seattle WA 98109 Mack Urban Planned 430 Belltown 191 Third & Lenora 2031 3rd Avenue Seattle WA 98121 Martin Selig Real Estate Planned 384 Belltown 192 722 East Pike Street 722 East Pike Street Seattle WA 98122 Johnson & Carr Planned 90 First Hill 193 800 Columbia Street 800 Columbia Street Seattle WA 98104 Daniels Real Estate Planned 274 First Hill 194 Crosby Capitol Hill 1517 Bellevue Avenue Seattle WA 98122 Klein, Daniel Planned 50 First Hill 195 Esker 1208 East Pine Street Seattle WA 98122 Solterra Systems Planned 70 First Hill 196 Spring Street & 8th Avenue 1101 8th Avenue Seattle WA 98101 Lennar Multifamily Communities Planned 550 First Hill 197 16th & Cherry 701 16th Avenue Seattle WA 98122 Sabey Planned 50 Central 198 City People's Redevelopment 2925 East Madison Street Seattle WA 98112 Velmeir Companies, The Planned 76 Central 199 Jackson & 26th 2524 South Jackson Street Seattle WA 98144 DEP Homes Planned 77 Central 200 SpringHill Suites 616 8th Avenue South Seattle WA 98104 Hotel Concepts Planned 84 Central 201 Yesler Terrace Block 3 120 Broadway Seattle WA 98122 Vulcan Planned 237 Central 202 Shorewood Heights Phase III 3209 Shorewood Drive Mercer Island WA 98040 Olympic Investors Planned 57 Mercer Island 203 Quendall Terminals 4350 Lake Blvd North Renton WA 98056 Century Pacific Planned 692 Factoria 204 Inneswood Newport Way NW & NW Juniper Street Issaquah WA 98027 Wenzl, Robert Planned 93 Issaquah 205 Vale 955 7th Avenue NW Issaquah WA 98027 Sea Level Properties Planned 110 Issaquah 206 2749 California Avenue SW 2749 California Avenue SW Seattle WA 98116 Madison Development Group Planned 110 West Seattle 207 3039 SW Avalon Way 3039 SW Avalon Way Seattle WA 98126 Union Street Investments Planned 71 West Seattle 208 4721 38th Avenue SW 4721 38th Avenue SW Seattle WA 98126 Legacy Partners Planned 50 West Seattle 209 4722 Fauntleroy Way SW 4722 Fauntleroy Way SW Seattle WA 98116 Legacy Partners Planned 250 West Seattle 210 4800 40th Avenue SW 4800 40th Avenue SW Seattle WA 98116 Braseth, Mark Planned 67 West Seattle 211 Avalon South 3078 SW Avalon Way Seattle WA 98126 Arrow Construction Planned 102 West Seattle 212 Braseth 42nd 4532 42nd Avenue SW Seattle WA 98116 Braseth, Mark Planned 77 West Seattle 213 Foundry, The 4754 Fauntleroy Way SW Seattle WA 98116 Holland Partners Planned 118 West Seattle 214 Perch 1250 Alki Avenue SW Seattle WA 98116 Solterra Systems Planned 100 West Seattle 215 1405 South Bayview Street 1405 South Bayview Street Seattle WA 98144 Pacific Northern Construction Planned 80 Beacon Hill 216 Beacon Hill 2912 Beacon Avenue South Seattle WA 98144 Landmark Property Holdings Planned 65 Beacon Hill 217 2016 23rd Avenue South 2016 23rd Avenue South Seattle WA 98144 Chong & Company Planned 100 Rainier Valley 218 2019 24th Avenue South 2019 24th Avenue South Seattle WA 98144 Columbia City Condos Planned 67 Rainier Valley 219 5201 Rainier Avenue South 5201 Rainier Avenue South Seattle WA 98118 Gordian Development Planned 107 Rainier Valley 220 6901 Martin Luther King Jr Way South 6901 Martin Luther King Jr Way South Seattle WA 98118 Dynasty Group Planned 149 Rainier Valley 221 Columbia City 4050 Martin Luther King Jr Way South Seattle WA 98108 Stratford Company, The Planned 80 Rainier Valley 222 Link Mt. Baker 3208 Claremont Avenue South Seattle WA 98144 Columbia City Condos Planned 150 Rainier Valley 223 Sonata West 4561 Martin Luther King Jr Way South Seattle WA 98108 BDR Companies Planned 98 Rainier Valley 224 Barton Terrace 2222 SW Barton Street Seattle WA 98106 McKee, Jonathan Planned 66 White Center 225 Avaya 74 10615 SE 172nd Street Renton WA 98055 Ezralow Company, The Planned 74 Renton 226 Sunset Terrace Redevelopment NE Sunset Blvd & Harrington Avenue NE Renton WA 98056 Renton Housing Authority Planned 112 Renton 227 Kent Midway 24050 Pacific Hwy South Kent WA 98032 Devco Planned 265 Des Moines 228 Waterview Crossing Building 3 220th Street & 29th Avenue Des Moines WA 98198 Devco Planned 326 Des Moines 229 Madison Plaza 102 Madison Avenue Kent WA 98032 Myaskovsky, David Planned 164 Kent 230 Reserve at Kent, The 623 West Meeker Street Kent WA 98032 AVS Communities Planned 252 Kent 231 Iron Flats 814 NE 66th Street Seattle WA 98115 Emerald Bay Equity Planned 289 Greenlake/Wallingford 232 Redmond Town Center NWC 168th Avenue NE & NE 74th Street Redmond WA 98052 Lowe Enterprises Planned 286 Redmond 233 2031 Westlake 2031 Westlake Avenue North Seattle WA 98109 Midby Companies, The Planned 71 Queen Anne 234 Center Steps 225 Roy Street Seattle WA 98109 Barrientos Planned 285 Queen Anne 235 600 East Howell Street 600 East Howell Street Seattle WA 98122 Blueprint Capital Planned 76 Capitol Hill/Eastlake 236 Capitol Hill TOD Site A 118 Broadway East Seattle WA 98102 Gerding Edlen Development Planned 152 Capitol Hill/Eastlake 237 Capitol Hill TOD Site B South 123 10th Avenue East Seattle WA 98102 Gerding Edlen Development Planned 73 Capitol Hill/Eastlake 238 888 108th Avenue NE 888 108th Avenue NE Bellevue WA 98004 Meissner, David Planned 158 Bellevue-West 239 Crossroads Senior Living 156th Avenue NE & NE 15th Street Bellevue WA 98008 Senior Housing Assistance Group Planned 185 Bellevue-East 240 Hyde Square 15500 NE 20th Street Bellevue WA 98007 Carmel Partners Planned 618 Bellevue-East 241 1200 Stewart Street 1200 Stewart Street Seattle WA 98101 Westbank Projects Corporation Planned 1051 Belltown 242 3rd & Virginia 2000 3rd Avenue Seattle WA 98121 Westbank Projects Corporation Planned 453 Belltown 243 707 Terry Avenue 707 Terry Avenue Seattle WA 98104 Westbank Projects Corporation Planned 488 First Hill 244 Yesler Terrace Block 4 900 East Yesler Way Seattle WA 98122 Vulcan Planned 200 First Hill 245 First Central Station 1203 East Spruce Street Seattle WA 98122 Hardy Development Companies Planned 383 Central 246 Metro Line Flats 915 East Spruce Street Seattle WA 98122 Polygon Northwest Company Planned 75 Central 247 N-Habit Rainier 718 Rainier Avenue South Seattle WA 98144 Daly Partners Planned 135 Central 248 Promenade 23 2309 South Jackson Street Seattle WA 98144 Vulcan Planned 570 Central 249 Issaquah Gateway Senior 2290 Newport Way NW Issaquah WA 98027 Wolff Company, The Planned 145 Issaquah 250 Beacon Crossing 2505 Beacon Avenue South Seattle WA 98144 McDonald, Scott Planned 97 Beacon Hill

Source: Yardi Matrix Seattle New Construction and Proposed Multifamily Projects

FORECASTED ID PROPERTY NAME ADDRESS CITY STATE ZIP OWNER NAME STATUS UNITS SUBMARKET PERMIT DATE START OF COMPLETION DATE RENT-UP 251 Stazione:25, The 2615 25th Avenue South Seattle WA 98144 Boulevard Group Planned 301 Beacon Hill 252 3717 South Alaska 3717 South Alaska Street Seattle WA 98118 Rainier Pacific Realty Planned 243 Rainier Valley 253 Cubix Othello 7339 43rd Avenue South Seattle WA 98118 Parkstone Investments Planned 85 Rainier Valley 254 Sunset Terrace Redevelopment Phase II NE Sunset Blvd & Harrington Avenue NE Renton WA 98056 Renton Housing Authority Planned 226 Renton TOTAL PLANNED 32,270 255 4048 7th Avenue NE 4048 7th Avenue NE Seattle WA 98105 Money Grass Investment Prospective 80 256 University Way 5247 University Way NE Seattle WA 98105 G & K Brothers Prospective 59 257 Lynnwood Place 3001 184th Street SW Lynnwood WA 98037 Cypress Equities Prospective 330 Lynnwood 258 Point Wells Urban Center 20500 Richmond Beach Drive Edmonds WA 98020 BSRE Point Wells Prospective 250 Edmonds 259 Andorra Estates 22817 Lakeview Drive Mountlake Terrace WA 98043 Weidner Investment Services Prospective 84 Mountlake Terrace 260 Andorra Estates Phase II 22817 Lakeview Drive Mountlake Terrace WA 98043 Weidner Investment Services Prospective 240 Mountlake Terrace 261 Paradise Lake Road & State Route 522 9321 Paradise Lake Road Snohomish WA 98296 Wolff Company, The Prospective 360 Marysville/Monroe 262 Arabella II 1227 North 180th Street Shoreline WA 98133 Stephanus, John W. Prospective 107 Shoreline 263 Ballinger 1795 NE 205th Street Shoreline WA 98155 Goodman Real Estate Prospective 76 Shoreline 264 Bothell Way 18107 98th Avenue NE Bothell WA 98011 Weidner Investment Services Prospective 200 Bothell 265 10540 Greenwood Avenue North 10540 Greenwood Avenue North Seattle WA 98133 Tiek Guan Company Prospective 54 North Seattle 266 209 North 87th Street 209 North 89th Street Seattle WA 98103 Legacy Group Capital Prospective 52 North Seattle 267 Jackson Square 14349 15th Avenue NE Seattle WA 98125 SGA Corporation Prospective 65 North Seattle 268 Lake City 14337 32nd Avenue NE Seattle WA 98125 Deliganis, Anna Prospective 73 North Seattle 269 Lake City Parcel C 3300 NE 125th Street Seattle WA 98125 Kauri Investments Prospective 65 North Seattle 270 7730 15th Avenue NW 7730 15th Avenue NW Seattle WA 98117 Lake Union Partners Prospective 54 Ballard 271 4239 8th Avenue NE 4239 8th Avenue NE Seattle WA 98105 Lien, Scott Prospective 52 Greenlake/Wallingford 272 6300 9th Avenue NE 6300 9th Avenue NE Seattle WA 98115 White Peterman Properties Prospective 140 Greenlake/Wallingford 273 6501 Roosevelt Way NE 6501 Roosevelt Way NE Seattle WA 98115 Velmeir Companies, The Prospective 126 Greenlake/Wallingford 274 North 39th 3838 Aurora Avenue North Seattle WA 98103 MRN Homes Prospective 153 Greenlake/Wallingford 275 5300 Roosevelt Way NE 5300 Roosevelt Way NE Seattle WA 98105 PRS Development Prospective 55 University 276 Brooklyn 1309 NE 66th Street Seattle WA 98115 Roosevelt Development Group Prospective 71 University 277 Trailside Redevelopment 4801 24th Avenue NE Seattle WA 98105 Phoenix Property Company Prospective 293 University 278 Potala Village 1006 Lake Street South Kirkland WA 98033 Dargey Enterprises Prospective 59 Kirkland 279 Redmond City Center 16135 NE 85th Street Redmond WA 98052 Cosmos Development Prospective 421 Redmond 280 Redmond Triangle 16450 Redmond Way Redmond WA 98052 Legacy Partners Prospective 197 Redmond 281 Rose Hill 12020 NE 85th Street Kirkland WA 98033 Madison Development Group Prospective 650 Redmond 282 Village, The 8336 165th Avenue NE Redmond WA 98052 Miravest Prospective 96 Redmond 283 Village at Totem Lake Phase II 12500 120th Avenue NE Kirkland WA 98034 CenterCal Properties Prospective 650 Woodinville/Totem Lake 284 215 1st Avenue North 215 1st Avenue North Seattle WA 98109 Deliganis, Anna Prospective 68 Queen Anne 285 417 2nd Avenue West 417 2nd Avenue West Seattle WA 98119 Hycroft International Prospective 79 Queen Anne 286 631 Queen Anne Avenue North 631 Queen Anne Avenue North Seattle WA 98109 Solterra Systems Prospective 64 Queen Anne 287 Niwa 513 1st Avenue North Seattle WA 98109 Solterra Systems Prospective 105 Queen Anne 288 1208 East Olive Street 1208 East Olive Street Seattle WA 98122 Run Yong USA Prospective 61 Capitol Hill/Eastlake 289 1732 Broadway 1732 Broadway Seattle WA 98122 Mill Creek Residential Trust Prospective 224 Capitol Hill/Eastlake 290 Bellview 736 Bellevue Place East Seattle WA 98102 Walls Property Management Prospective 58 Capitol Hill/Eastlake 291 Cadillac Site Phase I & II 1001 106th Avenue NE Bellevue WA 98004 UDR Prospective 295 Bellevue-West 292 Four 106 Phase II 305 108th Avenue NE Bellevue WA 98004 Fana Group Prospective 200 Bellevue-West 293 Four 106 Phase III 10655 NE 4th Street Bellevue WA 98004 Fana Group Prospective 100 Bellevue-West 294 Ventana on Main 10713 Main Street Bellevue WA 98004 Stanton, John Prospective 68 Bellevue-West 295 1215 120th Avenue NE 1215 120th Avenue NE Bellevue WA 98005 Pine Forest Properties Prospective 420 Bellevue-East 296 1215 120th Avenue NE Phase II 1215 120th Avenue NE Bellevue WA 98005 Pine Forest Properties Prospective 250 Bellevue-East 297 Spring District 1121 124th Avenue NE Bellevue WA 98005 Security Properties Prospective 279 Bellevue-East 298 1916 Boren Avenue 1916 Boren Avenue Seattle WA 98101 Lin, Yuan Prospective 250 Belltown 299 2214 2nd Avenue 2214 2nd Avenue Seattle WA 98121 Wood Partners Prospective 124 Belltown 300 314 Bell Street 314 Bell Street Seattle WA 98121 Security Properties Prospective 340 Belltown 301 316 Alaskan Way South 316 Alaskan Way South Seattle WA 98104 Urban Visions Prospective 200 Belltown 302 4th & Columbia 701 4th Avenue Seattle WA 98104 Crescent Heights of America Prospective 1020 Belltown 303 9th & John 818 John Street Seattle WA 98109 Pillar Properties Prospective 270 Belltown 304 Block 48 101 Westlake Avenue North Seattle WA 98109 Vulcan Prospective 464 Belltown 305 Block 56 North 433 8th Avenue North Seattle WA 98109 Vulcan Prospective 90 Belltown 306 Block 56 South 401 8th Avenue North Seattle WA 98109 Vulcan Prospective 294 Belltown 307 Civic Square Tower SWC 4th Avenue & Cherry Street Seattle WA 98104 Bosa Development Prospective 520 Belltown 308 Mercer Blocks, Block 37 630 Westlake Avenue North Seattle WA 98109 Vulcan Prospective 218 Belltown 309 Pioneer Square Redevelopment 200 1st Avenue South Seattle WA 98104 Unico Properties Prospective 132 Belltown 310 Seattle Unity Church Redevelopment 200 8th Avenue North Seattle WA 98109 Greystar Prospective 348 Belltown 311 Convention Center Site B 920 Olive Way Seattle WA 98101 Pine Street Group Prospective 409 First Hill 312 12th Avenue South 12th Avenue South & South Main Street Seattle WA 98144 Lowe Enterprises Prospective 282 Central 313 19th & Madison 1730 19th Avenue Seattle WA 98122 Hardy Development Companies Prospective 160 Central 314 Rainier 622 Rainier Avenue South Seattle WA 98144 MaKensay Real Estate Services Prospective 193 Central 315 Dahlgren 33124 SE North Bend Way North Bend WA 98045 William Lyon Homes Prospective 212 Issaquah 316 Junction Landing 4417 42nd Avenue SW Seattle WA 98116 Krout, Kevin Prospective 62 West Seattle 317 1200 12th Avenue South 1200 12th Avenue South Seattle WA 98144 Barrientos Prospective 300 Beacon Hill 318 1801 Rainier Avenue South 1801 Rainier Avenue South Seattle WA 98144 Jabooda Homes Prospective 186 Beacon Hill 319 4221 37th Avenue South 4221 37th Avenue South Seattle WA 98118 Jabooda Homes Prospective 55 Rainier Valley 320 6730 Rainier Avenue South 6730 Rainier Avenue South Seattle WA 98118 Thach, Binh Prospective 98 Rainier Valley 321 Path Othello Building C 7343 Martin Luther King Jr Way South Seattle WA 98118 Dargey Enterprises Prospective 70 Rainier Valley 322 Path Othello Buildings A & B 7301 Martin Luther King Jr Way South Seattle WA 98118 Dargey Enterprises Prospective 435 Rainier Valley 323 Talus 95 Talus Corporate Way NW Maple Valley WA 98038 Diversified Real Estate Capital Prospective 380 Renton 324 Riverbend 2030 West Meeker Street Kent WA 98032 Landmark Development Group Prospective 500 Kent 325 434 Kirkland Way 434 Kirkland Way Kirkland WA 98033 MRM Capital Prospective 173 Kirkland 326 1029 South Jackson Street 1029 South Jackson Street Seattle WA 98104 Intracorp Prospective 320 Central 327 12th & Jackson 1032 South Jackson Street Seattle WA 98104 Chinn, Nathan Prospective 280 Central 328 23rd Avenue & East Union Street 2301 East Union Street Seattle WA 98122 Lake Union Partners Prospective 420 Central 329 Boren Avenue & East Yesler Way SWC Boren Avenue & East Yesler Way Seattle WA 98122 Mill Creek Residential Trust Prospective 290 Central TOTAL PROSPECTIVE 16,478

TOTAL SEATTLE 66,090

© 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