Cleveland New Construction & Proposed Multifamily Projects 3Q20

ID PROPERTY UNITS

4 Redwood Kent Phase II 70 7 Redwood Hudson Phase II 89 91 Total Lease Up 159 49 90 14 Stoney Pointe Commons Phase II 50 17 Arbor Glen Phase II 53 18 Ashton Place Townhomes Phase III 50 44 19 19 Residences at Cornerstone Phase II 76 45 Total Under Construction 229

77 46 36 The Bluffs of Seven Hills 350 40 Darrow Road 100 79

41 Sheldon Road Senior Housing 100 81 56 80 44 The Longfellow 93 45 Belle Oaks at Richmond 362 36 41 46 University Square Redevelopment 200 78 47 Redwood Kent Phase III 50 48 Hudson Downtown 75 49 Lakeland Community College 80 40 17 50 The One Twenty 110 51 Sycamore Valley Golf Course 82 Townhomes 140 52 Law Building Redevelopment 112 88 53 Redwood Lake Road 149 48 Total Planned 1,921 7

56 Silverpoint 100 77 Cedar Lee Meadowbrook 175 89 87 51 78 32811 Aurora Road 200 50 4 79 Buxton Lofts 50 47 96 92 80 Santee Landing 60 53 93 86 81 Villas at Bear Creek 50 52 95 82 Valor Acres 300 14 86 Copper Creek Phase II 80 92 60 North Avenue 100 87 Villages at Franklin Crossing 18 Renovation 348 93 Residences at Good Park 82 88 Boston Landings 92 94 1926 East Turkeyfoot Lake Road 387 89 French Mill Phase II 50 95 Wintergreen Ledges 120 94 90 Som Center Road Townhouses 50 96 Ridgewood Road & Sumner Pkwy 100 91 Clover at Mentor 119 Total Prospective 2,463 5 mi Source: Yardi Matrix

LEGEND Lease-Up Under Construction Planned Prospective New Construction & Proposed Multifamily Projects 3Q20

34 62 69

54 13

ID PROPERTY UNITS

9 The Ascent at Top of the Hill 261 71 70 13 1609 Hazel 236 72 38 Total Under Construction 497 35 39 76 34 ArkiTainer on 72nd 64 55 35 East 55th & Euclid Avenue 100 9 38 The Circle Square 600 39 Library Lofts 207 54 Hough Paradigm 96 55 Warner & Swasey Redevelopment 140 Total Planned 1,207

62 The Shoreline Phase II 214 69 5700 South Marginal Road 50 70 Chester 75 100 73 71 Clinic View Site 100 72 East 90th Street 392 73 Woodhill Center East 77 74 Woodhill Station West 120 74 76 2235 Overlook 58 Total Prospective 1,111 1000 ft Source: Yardi Matrix

LEGEND Lease-Up Under Construction Planned Prospective Cleveland New Construction & Proposed Multifamily Projects 3Q20

ID PROPERTY UNITS 24 1 Euclid Grand 239 16 2 The May 307 22 25 15 3 The Quarter Phase II 80 27 5 Church + State 158 6 The Lumen 318 Total Lease Up 1,102 20 23 6 60 1 21 58 10 Electric Gardens 132 59 2 57 11 The Dexter 115 61 26 12 The Tappan 95 66 15 The Avenue District Phase II 50 16 Become Home 58 Total Under Construction 450 67 28

20 The Centennial 550 3 5 21 Flats at East Bank Phase II 320 33 22 HarborView 750 11 31 23 Kenect Cleveland 320 75 68 24 North Coast Harbor 250 32 25 North Coast Harbor Phase III 350 37 10 30 26 NuCLEus 250 27 Tower at Erieview Remodel 220 63

28 The Peninsula 330 29 29 3908 Lorain Avenue 60 64 30 INTRO 298 31 Kent West End 58 32 One West Twenty 300 65 12 33 West 58th Street & Breakwater Avenue 323 37 West 73rd Street 75 Total Planned 4,454

57 720 Euclid Avenue 310 58 75 Public Square 114 59 Warehouse District 352 66 Nautica Waterfront District 664 60 Warehouse District Parcel B 380 67 The Viaduct 170 61 Warehouse District Parcel C 370 68 Waterford Bluffs 241 63 11th and Fairfield 72 75 Battery Park 258 64 The Lincoln 82 97 Metro North 100 97

65 2300 Fulton Road 56 Total Prospective 3,169 1000 ft Source: Yardi Matrix

LEGEND Lease-Up Under Construction Planned Prospective Cleveland New Construction & Proposed Multifamily Projects 3Q20

84

83 42 8 43 85

ID PROPERTY UNITS

8 Center North 182 Total Lease Up 182

42 16000 Detroit Avenue 160 43 One Lakewood Place 212 Total Planned 372

83 Bunts Road & Detroit Avenue 275 84 Lake Avenue 100 85 The View on Detroit East 113 Total Prospective 488 500 ft Source: Yardi Matrix

LEGEND Lease-Up Under Construction Planned Prospective Cleveland 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 Euclid Grand 1101 Euclid Avenue Cleveland OH 44115 Lease-Up 239 Cleveland - Downtown 12/03/2018 12/31/2020 10/26/2020 2 The May 200 Euclid Avenue Cleveland OH 44115 Lease-Up 307 Cleveland - Downtown 01/31/2019 12/31/2020 10/26/2020

3 The Quarter Phase II 2615 Detroit Avenue Cleveland OH 44113 Lease-Up 80 City 11/30/2019 12/31/2020 08/31/2020 4 Redwood Kent Phase II 1202 Jasmine Drive Kent OH 44240 Lease-Up 70 Kent 04/30/2018 12/31/2020 03/04/2019 5 Church + State 2818 Church Avenue Cleveland OH 44113 Lease-Up 158 Ohio City 04/16/2019 11/30/2020 10/23/2020 6 The Lumen 1600 Euclid Avenue Cleveland OH 44115 Lease-Up 318 Cleveland - Downtown 09/27/2018 11/30/2020 03/02/2020 7 Redwood Hudson Phase II 1101 Redwood Blvd Hudson OH 44236 Lease-Up 89 Summit 11/21/2016 11/30/2020 03/19/2018 8 Center North 14600 Detroit Avenue Lakewood OH 44107 Lease-Up 182 Lakewood 04/30/2017 11/30/2020 11/01/2017 Total Lease-Up 1,443

9 The Ascent at Top of the Hill 12301 Cedar Road Cleveland Heights OH 44106 Under Construction 261 Cleveland Heights 07/31/2020 07/31/2023 10 Electric Gardens 425 Literary Road Cleveland OH 44113 Under Construction 132 Broadway 06/30/2020 08/31/2021 11 The Dexter 1544 West 29th Street Cleveland OH 44113 Under Construction 115 Ohio City 07/31/2020 03/31/2021 12 The Tappan 1633 Auburn Avenue Cleveland OH 44113 Under Construction 95 Broadway 01/22/2020 12/31/2020 13 1609 Hazel 1609 Hazel Drive Cleveland OH 44106 Under Construction 236 Glenville 07/31/2019 12/31/2020 14 Stoney Pointe Commons Phase II 1791 Vernon Odom Blvd Akron OH 44320 Under Construction 50 Akron - West 01/30/2020 12/31/2020 15 The Avenue District Phase II 1211 St. Clair Avenue NE Cleveland OH 44114 Under Construction 50 Cleveland - Downtown 01/31/2020 11/30/2020 16 Become Home 2125 Superior Avenue Cleveland OH 44114 Under Construction 58 Cleveland - Downtown 07/31/2019 11/30/2020 17 Arbor Glen Phase II 2639 Arbor Glen Drive Drive Twinsburg OH 44087 Under Construction 53 Twinsburg 03/31/2019 11/30/2020 18 Ashton Place Townhomes Phase III 173 Meadowcreek Drive Wadsworth OH 44281 Under Construction 50 Medina 11/30/2018 11/30/2020 19 Residences at Cornerstone Phase II 18231 Euclid Avenue Cleveland OH 44112 Under Construction 76 Euclid 06/24/2019 11/30/2020 Total Under Construction 1,176

20 The Centennial 925 Euclid Avenue Cleveland OH 44115 Planned 550 Cleveland - Downtown 21 Flats at East Bank Phase II 1055 Old River Road Cleveland OH 44113 Planned 320 Cleveland - Downtown 22 HarborView 101 Erieside Avenue Cleveland OH 44114 Planned 750 Cleveland - Downtown 23 Kenect Cleveland West 11th Street & Front Avenue Cleveland OH 44113 Planned 320 Cleveland - Downtown 24 North Coast Harbor 1050 East 9th Street Cleveland OH 44114 Planned 250 Cleveland - Downtown 25 North Coast Harbor Phase III 101 Erieside Avenue Cleveland OH 44114 Planned 350 Cleveland - Downtown 26 NuCLEus 610 Prospect Avenue East Cleveland OH 44115 Planned 250 Cleveland - Downtown 27 Tower at Erieview Remodel 1301 East 9th Street Cleveland OH 44114 Planned 220 Cleveland - Downtown 28 The Peninsula 1950 Carter Road Cleveland OH 44113 Planned 330 Broadway 29 3908 Lorain Avenue 3908 Lorain Avenue Cleveland OH 44113 Planned 60 Ohio City 30 INTRO West 25th Street & Lorain Avenue Cleveland OH 44113 Planned 298 Ohio City 31 Kent West End 227 Franklin Avenue Cleveland OH 44113 Planned 58 Ohio City 32 One West Twenty West 20th Street & Lorain Avenue Cleveland OH 44113 Planned 300 Ohio City West 58th Street & SWC West 58th Street & 33 Cleveland OH 44102 Planned 323 Ohio City Breakwater Avenue Breakwater Avenue Source: Yardi Matrix Yardi Source: Cleveland 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 ArkiTainer on 72nd 887 East 72nd Street Cleveland OH 44113 Planned 64 St. Claire - Superior 35 East 55th & Euclid Avenue East 55th Street & Euclid Avenue Cleveland OH 44103 Planned 100 Fairfax 36 The Bluffs of Seven Hills Rockside Road & Turney Road Garfield Heights OH 44125 Planned 350 Garfield Heights 37 West 73rd Street 1351 West 73rd Street Cleveland OH 44102 Planned 75 Shoreway 38 The Circle Square SEC Chester Avenue & Stokes Blvd Cleveland OH 44106 Planned 600 Glenville 39 Library Lofts Euclid Avenue & Stokes Blvd Cleveland OH 44106 Planned 207 Cleveland Heights 40 Darrow Road 9422 Darrow Road Twinsburg OH 44087 Planned 100 Twinsburg 41 Sheldon Road Senior Housing Bryant Avenue & Sheldon Road Berea OH 44017 Planned 100 Brookpark 42 16000 Detroit Avenue 16000 Detroit Avenue Lakewood OH 44107 Planned 160 Lakewood 43 One Lakewood Place 14501 Detroit Avenue Lakewood OH 44107 Planned 212 Lakewood 44 The Longfellow 650 East 140th Street Cleveland OH 44110 Planned 93 North 45 Belle Oaks at Richmond 621 Richmond Road Richmond Heights OH 44143 Planned 362 Richmond Heights Cedar Road & Warrensville 46 University Square Redevelopment South Euclid OH 44118 Planned 200 Richmond Heights Center Road 47 Redwood Kent Phase III 1202 Jasmine Drive Kent OH 44240 Planned 50 Kent 48 Hudson Downtown 27 East Main Street Hudson OH 44236 Planned 75 Summit 49 Lakeland Community College Clocktower Drive & Kirtland Road Kirtland OH 44094 Planned 80 Mentor 50 The One Twenty 120 South Hawkins Avenue Akron OH 44313 Planned 110 Akron - North Sycamore Valley Golf Course 51 1651 Akron Peninsula Road Akron OH 44313 Planned 140 Akron - North Townhomes 52 Law Building Redevelopment 159 South Main Street Akron OH 44308 Planned 112 Akron - Downtown 53 Redwood Lake Road Lake Road & University Blvd Lafayette OH 44256 Planned 149 Medina 54 Hough Paradigm East 61st Street & Wade Park Avenue Cleveland OH 44103 Planned 96 Hough 55 Warner & Swasey Redevelopment 5701 Carnegie Avenue Cleveland OH 44103 Planned 140 Fairfax Total Planned 7,954

56 Silverpoint 4291 Richmond Road Cleveland OH 44122 Prospective 100 57 720 Euclid Avenue 720 Euclid Avenue Cleveland OH 44114 Prospective 310 Cleveland - Downtown 58 75 Public Square 75 Public Square Cleveland OH 44113 Prospective 114 Cleveland - Downtown SEC West 6th Street & 59 Warehouse District Cleveland OH 44113 Prospective 352 Cleveland - Downtown West St. Clair Avenue SWC West 3rd Street & 60 Warehouse District Parcel B Cleveland OH 44113 Prospective 380 Cleveland - Downtown West St. Clair Avenue NEC West 6th Street & 61 Warehouse District Parcel C Cleveland OH 44113 Prospective 370 Cleveland - Downtown West Superior Avenue 62 The Shoreline Phase II 5455 North Marginal Road Cleveland OH 44114 Prospective 214 Goodrich - Kirtland Park 63 11th and Fairfield 111 Fairfield Avenue Cleveland OH 44113 Prospective 72 Broadway 64 The Lincoln 2410 Scranton Road Cleveland OH 44113 Prospective 82 Broadway 65 2300 Fulton Road 2300 Fulton Road Cleveland OH 44113 Prospective 56 Ohio City 66 Nautica Waterfront District 2014 Sycamore Street Cleveland OH 44113 Prospective 664 Ohio City Source: Yardi Matrix Yardi Source: Cleveland 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 The Viaduct 2208 Superior Viaduct Cleveland OH 44113 Prospective 170 Ohio City 68 Waterford Bluffs West 20th Street & Lorain Avenue Cleveland OH 44113 Prospective 241 Ohio City 69 5700 South Marginal Road 5700 South Marginal Road Cleveland OH 44103 Prospective 50 St. Claire - Superior 70 Chester 75 1914 East 75th Street Cleveland OH 44103 Prospective 100 Hough 71 Clinic View Site 1844 East 90th Street Cleveland OH 44106 Prospective 100 Hough 72 East 90th Street East 90th Street & Chester Avenue Cleveland Heights OH 44106 Prospective 392 Hough 73 Woodhill Center East 11305 Woodland Avenue Cleveland OH 44104 Prospective 77 Woodland Hills 74 Woodhill Station West 9511 Buckeye Road Cleveland OH 44104 Prospective 120 Kinsman 75 Battery Park West 70th Street & West 73rd Cleveland OH 44102 Prospective 258 Shoreway 76 2235 Overlook 2235 Overlook Road Cleveland Heights OH 44106 Prospective 58 Cleveland Heights 77 Cedar Lee Meadowbrook Cedar Road & Lee Road Cleveland Heights OH 44118 Prospective 175 Cleveland Heights 78 32811 Aurora Road 32811 Aurora Road Solon OH 44139 Prospective 200 Solon 79 Buxton Lofts 3713 Parker East Drive Beachwood OH 44122 Prospective 50 Solon 80 Santee Landing 451 Seville Road Cleveland OH 44128 Prospective 60 Bedford Warrensville 81 Villas at Bear Creek 4425 Northfield Road OH 44128 Prospective 50 Bedford Heights 82 Valor Acres Brecksville Road & Miller Road Brecksville OH 44141 Prospective 300 Broadview Heights 83 Bunts Road & Detroit Avenue Bunts Road & Detroit Avenue Lakewood OH 44107 Prospective 275 Lakewood 84 Lake Avenue 13900 Lake Avenue Lakewood OH 44107 Prospective 100 Lakewood 85 The View on Detroit East 13701 Detroit Avenue Lakewood OH 44107 Prospective 113 Lakewood 86 Copper Creek Phase II 1100 Copper Court Kent OH 44240 Prospective 80 Kent Villages at Franklin Crossing 87 1214 Anita Drive Kent OH 44240 Prospective 348 Kent Renovation 88 Boston Landings 6555 Dean Memorial Pkwy Hudson OH 44236 Prospective 92 Summit 89 French Mill Phase II 29 French Mill Run Cuyahoga Falls OH 44223 Prospective 50 Cuyahoga Falls 90 Som Center Road Townhouses 5164 Som Center Road Willoughby OH 44094 Prospective 50 Willoughby 91 Clover at Mentor Fairview Avenue & Mentor Avenue Mentor OH 44060 Prospective 119 Mentor 92 60 North Avenue 60 North Avenue Tallmadge OH 44278 Prospective 100 Tallmadge 93 Residences at Good Park South Hawkins Avenue & Mull Avenue Akron OH 44313 Prospective 82 Akron - North 94 1926 East Turkeyfoot Lake Road 1926 East Turkeyfoot Lake Road Akron OH 44312 Prospective 387 Uniontown 95 Wintergreen Ledges 1841 Vernon Odom Blvd Akron OH 44320 Prospective 120 Akron - West 96 Ridgewood Road & Sumner Pkwy Ridgewood Road & Sumner Pkwy Copley OH 44321 Prospective 100 Copley 97 Metro North 3400 West 25th Street Cleveland OH 44109 Prospective 100 Ohio City Total Prospective 7,231

TOTAL CLEVELAND 17,804 Source: Yardi Matrix Yardi Source:

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