Louisville New Construction & Proposed Multifamily Projects 4Q20

86

ID PROPERTY UNITS

1 Rialto Hurstbourne 268 3 Avoca 408 57 8 The Flats at Springhurst 249 11 Amanda Place Phase II 50 12 Upton Oxmoor 301 13 Lyndon Square Senior 119 16 Stone Crest 216 50 Total Lease Up 1,611 16

55 51 19 Lyric at Norton Commons 273 56 Total Under Construction 273 19

47 The Station at Middletown 320 48 The Vinings at Claiborne Phase II 1,800 52 11 49 Chamberlain Lane 310 50 Prospect Family 160 8 54 49 51 & State Highway 329 200 52 2710 Grant Line Road 192 54 Gateway Crossings 97 48 55 Bridgepointe Commons 50 83 56 Lakeside Gardens 360 57 River Ridge Flats 256

Total Planned 3,745 13 3 82 82 907 Ormsby Lane 64 1 47 83 Providence Point 520 12 86 Cherry Grove 54 Total Prospective 638 1 mi Source: Yardi Matrix

LEGEND Lease-Up Under Construction Planned Prospective Louisville New Construction & Proposed Multifamily Projects 4Q20

ID PROPERTY UNITS 74 Park Lake Phase II 54 75 Running Creek Senior 87 2 Highview Pointe 192 76 Star Hill 348 4 Haven on Tucker 370 77 8000 Broad Run Road 805 5 Tucker Station Senior 119 78 Brentwood Commons 134 6 Vesta Derby Oaks 418 79 Hurstbourne Commons 438 9 Victory Knoll 470 80 Skyview Place 110 14 Creekside Crossings 160 81 1007 S English Station Road 166 15 Covington by the Lake 264 Total Prospective 4,845 Total Lease Up 1,993

9 17 Willow Green Phase II 184 5 81 18 Preston Village Senior 120 4 66 Total Under Construction 304 6 63 33 Cane Run Road 119 41 80 34 Regency Park 180 43 35 River Pointe 256 79 46

36 Dubbed Crossings at Mill Creek 204 33 36 40 37 The Jefferson Green Phase II 240 45 38 7705 Cedar Creek Road 192 17 39 South Park Road 312 76 40 Bardstown Creek Road 350 67 41 Breckenridge Terrace 84 42 Brentlinger Townhomes 117 37 15 2 43 Charlane Pkwy 84 73 38 44 Glenmary Village Phase II 93 42 45 Hurstbourne Senior 70 69 77 46 Taylorsville Road 312 72 34 39 70 Total Planned 2,613 65 68 14 44 63 Kensington Commons 60 71 74 65 Old New Cut Road 344 18 66 Hikes Lane Multi Residential 507 78 67 6106 South Watterson Trail 240 68 6600 Cooper Chapel Road 288

69 Cedar Creek Road 344 35 70 Clover Senior Housing 128 71 Cooper Chapel Road 432 75 72 Hickory Trace 100 73 Outer Loop Multi - Residential Development 260 2 mi Source: Yardi Matrix

LEGEND Lease-Up Under Construction Planned Prospective Louisville New Construction & Proposed Multifamily Projects 4Q20

ID PROPERTY UNITS

7 The Flats on 5th Louisville 262 10 The Walcott Jeffersonville 193 Total Lease Up 455

20 Bolt + Tie 97 53 21 Beecher Terrace 117 84 58 Total Under Construction 214 10 20 22 Beecher Terrace Phase II 108 23 Beecher Terrace Phase III 178 85 24 East Market Street 50 25 Passport Health & Wellness Campus 100 26 Starks Building Redevelopment 100 27 835 East Main 78 61 28 Barret Avenue & Breckinridge Street 200 29 Gray Street 250 30 Grocers Ice & Cold Storage 70 32

30 24 59 23 31 27 22 62 21 26 64 7

25

29 60 31 NuLu 305 32 Stout 104

53 Clark's Landing 400 28 58 River View Lofts 242 59 422 E - Main 343 60 One Park 421 Total Planned 2,949

61 The Audubon 61 62 2929 Magazine Street 283 64 NuLu Yard 190 84 Clark's Landing Phase II 160 85 Riverside Drive 138 Total Prospective 832 500 m Source: Yardi Matrix

LEGEND Lease-Up Under Construction Planned Prospective Louisville New Construction & Proposed Multifamily Projects

PERMIT FORECASTED START OF ID PROPERTY NAME ADDRESS CITY STATE ZIP STATUS UNITS SUBMARKET DATE COMPLETION DATE RENT-UP

1 Rialto Hurstbourne 309 Palazzo Circle Louisville KY 40222 Lease-Up 268 Crescent Hill / St. Matthews 05/01/2019 09/30/2021 10/15/2020 2 Highview Pointe 7409 Fegenbush Lane Louisville KY 40228 Lease-Up 192 Okolona / Hillview / Highview 12/31/2019 09/30/2021 09/21/2020 3 Avoca 1405 Avoca Ridge Drive Louisville KY 40223 Lease-Up 408 Douglas Hills / Lyndon 09/02/2019 06/30/2021 12/22/2020 4 Haven on Tucker 12601 Charles Farm Circle Louisville KY 40299 Lease-Up 370 Jeffersontown 05/01/2018 06/30/2021 05/01/2019 5 Tucker Station Senior 1408 Tucker Station Road Louisville KY 40299 Lease-Up 119 Jeffersontown 10/31/2019 04/30/2021 12/31/2019 6 Vesta Derby Oaks 3237 Utah Avenue Louisville KY 40215 Lease-Up 418 Shively 11/02/2018 04/30/2021 09/02/2019 7 The Flats on 5th Louisville 430 West Muhammad Ali Blvd Louisville KY 40202 Lease-Up 262 Central Downtown / Old Louisville 09/07/2020 03/31/2021 10/22/2020 8 The Flats at Springhurst 4201 Simcoe Lane Louisville KY 40241 Lease-Up 249 Springhurst / Glenview Manor 08/28/2018 02/28/2021 08/05/2019 9 Victory Knoll 11950 Victory Knoll Circle Louisville KY 40243 Lease-Up 470 Douglas Hills / Lyndon 04/25/2018 02/28/2021 03/01/2019 10 The Walcott Jeffersonville 222 West Maple Street Jeffersonville IN 47130 Lease-Up 193 Jeffersonville 04/15/2019 01/31/2021 06/17/2020 11 Amanda Place Phase II 3121 Middle Road Jeffersonville IN 47130 Lease-Up 50 Jeffersonville 05/31/2019 01/31/2021 05/21/2020 12 Upton Oxmoor 7725 Upton Oxmoor Lane Louisville KY 40222 Lease-Up 301 Douglas Hills / Lyndon 06/28/2019 01/31/2021 04/21/2020 13 Lyndon Square Senior 911 Ormsby Lane Louisville KY 40242 Lease-Up 119 Douglas Hills / Lyndon 03/04/2019 01/31/2021 11/27/2019 14 Creekside Crossings 9620 Cooper Church Drive Louisville KY 40229 Lease-Up 160 Okolona / Hillview / Highview 01/25/2019 01/31/2021 11/12/2019 15 Covington by the Lake 7301 Monsey Circle Louisville KY 40219 Lease-Up 264 Newburg / Buechel 07/03/2018 01/31/2021 03/01/2019 16 Stone Crest 4719 Grant Line Road New Albany IN 47150 Lease-Up 216 New Albany 05/31/2017 01/31/2021 08/31/2017 Total Lease-Up 4,059

17 Willow Green Phase II 7121 Fern Ridge Road Louisville KY 40228 Under Construction 184 Okolona / Hillview / Highview 12/17/2020 12/31/2021 18 Preston Village Senior 5185 Southpoint Drive Louisville KY 40229 Under Construction 120 Okolona / Hillview / Highview 11/16/2019 05/31/2021 19 Lyric at Norton Commons 11219 Meeting Street Prospect KY 40059 Under Construction 273 Springhurst / Glenview Manor 09/02/2019 03/31/2021 20 Bolt + Tie 1400 Woerner Avenue Clarksville IN 47129 Under Construction 97 Clarksville 06/17/2020 03/31/2021 21 Beecher Terrace 434 South 10th Street Louisville KY 40203 Under Construction 117 Central Downtown / Old Louisville 04/01/2019 01/31/2021 Total Under Construction 791

22 Beecher Terrace Phase II 434 South 10th Street Louisville KY 40203 Planned 108 Central Downtown / Old Louisville 23 Beecher Terrace Phase III 434 South 10th Street Louisville KY 40203 Planned 178 Central Downtown / Old Louisville 24 East Market Street 103 East Market Street Louisville KY 40202 Planned 50 Central Downtown / Old Louisville SWC South 18th Street & 25 Passport Health & Wellness Campus Louisville KY 40203 Planned 100 Central Downtown / Old Louisville West Broadway 26 Starks Building Redevelopment 455 South 4th Street Louisville KY 40202 Planned 100 Central Downtown / Old Louisville 27 835 East Main 835 East Main Street Louisville KY 40206 Planned 78 East Downtown / Saint Joseph Barret Avenue & East 28 Barret Avenue & Breckinridge Street Louisville KY 40204 Planned 200 East Downtown / Saint Joseph Breckinridge Street 29 Gray Street 709 East Gray Street Louisville KY 40202 Planned 250 East Downtown / Saint Joseph 30 Grocers Ice & Cold Storage 609 East Main Street Louisville KY 40202 Planned 70 East Downtown / Saint Joseph 31 NuLu 700 East Main Street Louisville KY 40202 Planned 305 East Downtown / Saint Joseph 32 Stout 330 North Spring Street Louisville KY 40206 Planned 104 East Downtown / Saint Joseph 33 Cane Run Road 4950 Cane Run Road Louisville KY 40216 Planned 119 Pleasure Ridge Park Source: Yardi Matrix Yardi Source: Louisville New Construction & Proposed Multifamily Projects

PERMIT FORECASTED START OF ID PROPERTY NAME ADDRESS CITY STATE ZIP STATUS UNITS SUBMARKET DATE COMPLETION DATE RENT-UP

34 Regency Park 8820 West Manslick Road Louisville KY 40272 Planned 180 South Louisville 35 River Pointe 12503 Old Dixie Hwy Louisville KY 40272 Planned 256 South Louisville 36 Dubbed Crossings at Mill Creek 4717 Manslick Road Louisville KY 40216 Planned 204 Kenwood Hill / Beechmont / Fairdale 37 The Jefferson Green Phase II 1253 McCawley Road Louisville KY 40219 Planned 240 Newburg / Buechel 38 7705 Cedar Creek Road 7705 Cedar Creek Road Louisville KY 40291 Planned 192 Okolona / Hillview / Highview 39 South Park Road 9007 Blue Lick Road Louisville KY 40219 Planned 312 Okolona / Hillview / Highview 40 Bardstown Creek Road 4907 Bardstown Road Louisville KY 40291 Planned 350 Jeffersontown 41 Breckenridge Terrace 7300 Six Mile Lane Louisville KY 40220 Planned 84 Jeffersontown 42 Brentlinger Townhomes 9922 Brentlinger Lane Louisville KY 40291 Planned 117 Jeffersontown 43 Charlane Pkwy 3620 Charlane Pkwy Louisville KY 40299 Planned 84 Jeffersontown 44 Glenmary Village Phase II 9606 Clubview Drive Louisville KY 40291 Planned 93 Jeffersontown 45 Hurstbourne Senior 4901 South Hurstbourne Pkwy Louisville KY 40291 Planned 70 Jeffersontown SEC Chenoweth Run Road & 46 Taylorsville Road Taylorsville KY 40299 Planned 312 Jeffersontown Taylorsville Road 47 The Station at Middletown 12975 Shelbyville Road Middletown KY 40243 Planned 320 Douglas Hills / Lyndon 48 The Vinings at Claiborne Phase II 3300 Altabrook Drive Louisville KY 40245 Planned 1,800 Douglas Hills / Lyndon 49 Chamberlain Lane 3750 Chamberlain Lane Louisville KY 40241 Planned 310 Springhurst / Glenview Manor 50 Prospect Family 10600 US-42 West Prospect KY 40059 Planned 160 Springhurst / Glenview Manor 51 Interstate 71 & State Highway 329 Interstate 71 & State Highway 329 Crestwood KY 40014 Planned 200 La Grange / Crestwood 52 2710 Grant Line Road 2710 Grant Line Road New Albany IN 47150 Planned 192 New Albany 53 Clark's Landing 1410 South Clark Blvd Clarksville IN 47129 Planned 400 Clarksville 54 Gateway Crossings 900 Eastern Blvd Clarksville IN 47129 Planned 97 Clarksville & Utica 55 Bridgepointe Commons Jeffersonville IN 47130 Planned 50 Jeffersonville Sellersburg Road 56 Lakeside Gardens 4406 Helen Road Jeffersonville IN 47130 Planned 360 Jeffersonville Scenic Byway & 57 River Ridge Flats Jeffersonville IN 47111 Planned 256 Jeffersonville River Ridge Pkwy 58 River View Lofts East Market Street & Meigs Avenue Jeffersonville IN 47130 Planned 242 Jeffersonville 59 422 E - Main 418 East Main Street Louisville KY 40202 Planned 343 Central Downtown / Old Louisville 60 One Park 2300 Lexington Road Louisville KY 40206 Planned 421 Crescent Hill / St. Matthews Total Planned 9,307

61 The Audubon 1409 Lytle Street Louisville KY 40203 Prospective 61 Central Downtown / Old Louisville 62 2929 Magazine Street 2929 Magazine Street Louisville KY 40211 Prospective 283 Parkland / Shawnee 638 West Commonwealth 63 Kensington Commons Louisville KY 40206 Prospective 60 East Downtown / Saint Joseph Avenue 64 NuLu Yard 314 South Shelby Street Louisville KY 40202 Prospective 190 East Downtown / Saint Joseph 65 Old New Cut Road 6501 Old New Cut Road Fairdale KY 40118 Prospective 344 Kenwood Hill / Beechmont / Fairdale 66 Hikes Lane Multi Residential 3042 Hikes Lane Louisville KY 40220 Prospective 507 Newburg / Buechel Source: Yardi Matrix Yardi Source: Louisville New Construction & Proposed Multifamily Projects

PERMIT FORECASTED START OF ID PROPERTY NAME ADDRESS CITY STATE ZIP STATUS UNITS SUBMARKET DATE COMPLETION DATE RENT-UP

67 6106 South Watterson Trail 6106 South Watterson Trail Louisville KY 40291 Prospective 240 Okolona / Hillview / Highview 68 6600 Cooper Chapel Road 6600 Cooper Chapel Road Louisville KY 40229 Prospective 288 Okolona / Hillview / Highview 69 Cedar Creek Road 8000 Cedar Creek Road Louisville KY 40291 Prospective 344 Okolona / Hillview / Highview 70 Clover Senior Housing 8700 Old Bardstown Road Louisville KY 40291 Prospective 128 Okolona / Hillview / Highview 71 Cooper Chapel Road 8300 Cooper Chapel Road Louisville KY 40229 Prospective 432 Okolona / Hillview / Highview 72 Hickory Trace 8832 Moody Road Louisville KY 40219 Prospective 100 Okolona / Hillview / Highview 73 Outer Loop Multi - Residential 6001 Outer Loop Louisville KY 40219 Prospective 260 Okolona / Hillview / Highview Development 74 Park Lake Phase II 7100 Leisure Lane Louisville KY 40229 Prospective 54 Okolona / Hillview / Highview 75 Running Creek Senior 785 Running Creek Drive Shepherdsville KY 40165 Prospective 87 Okolona / Hillview / Highview 76 Star Hill 6600 South Hurstbourne Pkwy Louisville KY 40291 Prospective 348 Okolona / Hillview / Highview 77 8000 Broad Run Road 8000 Broad Run Road Louisville KY 40291 Prospective 805 Jeffersontown 78 Brentwood Commons 10509 Bardstown Bluff Road Louisville KY 40291 Prospective 134 Jeffersontown 79 Hurstbourne Commons 8127 Watterson Trail Jeffersontown KY 40299 Prospective 438 Jeffersontown 80 Skyview Place 3500 Good Samaritan Way Jeffersontown KY 40299 Prospective 110 Jeffersontown 81 1007 S English Station Road 1007 South English Station Road Louisville KY 40299 Prospective 166 Douglas Hills / Lyndon 82 907 Ormsby Lane 907 Ormsby Lane Louisville KY 40242 Prospective 64 Douglas Hills / Lyndon 83 Providence Point 2020 Herr Lane Louisville KY 40222 Prospective 520 Springhurst / Glenview Manor 84 Clark's Landing Phase II 1410 South Clark Blvd Clarksville IN 47129 Prospective 160 Clarksville Southern Avenue & 85 Riverside Drive Jeffersonville IN 47130 Prospective 138 Jeffersonville West Riverside Drive 86 Cherry Grove 989 Market Street Charlestown IN 47111 Prospective 54 Charlestown / Sellersburg Total Prospective 6,315

TOTAL LOUISVILLE 20,472 Source: Yardi Matrix Yardi Source:

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