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Home , Desert Inn Road, Downtown Las Vegas, Huntridge Theater, Lake Las Vegas, Sahara Avenue, Spring Mountain Road

Las Vegas New Construction & Proposed Multifamily Projects 4Q20

ID PROPERTY UNITS

2 Elysian at the Palms 286 3 JADE 287 4 Elysian at Hughes Center 368 5 The Aviary 360 6 Alta NV 347 52 Live201 117 22 Total Lease Up 1,648 41 42 53 Midtown - Downtown 478 28 23 112 54 54 East Deer Springs Way & 9 24 7 Showboat Redevelopment 344 Losee Road 304 18 8 Life Time Living Green Valley 148 55 Vegas Trade Village 264 29 56 9 Elysian at Centennial 306 56 West Ann Road & Simmons Street 242 10 Auric 324 57 East Carey Avenue & North Pecos Road 118 43 13 Aspen Heights 290 58 27 Lofts 85 55 15 Elysian at Tivoli 359 25 59 4 Corners Town Center 326 18 Moderne at Centennial 185 44 45 57 60 APEX @ Galleria 336 Total Under Construction 1,956 10 111 46 61 Aspen Peak Phase II 50 13 50 62 Bella Vista 120 26 47 49 22 Brownstones 143 15 48 63 Galleria & McCormick 223 53 27 23 Montecito 491 51 64 Henderson Star 50 91 7 24 Vue at Centennial Phase III 314 52 74 65 Juniper Trails 302 25 Crystal Park 136 79 66 Lake 290 84 26 The Meadows 334 3 4 67 South Mountain Vista Street & 392 2 77 27 Bel Village Las Vegas 513 Olympic Avenue 76 75 35 30 59 28 Aliante Pkwy & 203 68 The strEAT 90 78 29 Ann & Simmons 165 69 The Summit on Boulder Highway 144 61 5 66 30 Royal Crest 300 73 Pebble Road and Eastern Avenue 195 67 64 60 63 35 Peace Way Townhouse 60 74 The Palms Redevelopment 1,480 Total Planned 2,659 75 Channel 10 Drive 72 96 76 The Park at 3900 400 6 68 81 73 62 69 41 Sky Pointe 82 77 U District Phases II & III 364 8 58 42 Valley Vista 364 78 Cameron Street & Tropicana Avenue 293 65 43 Alexander & 95 60 79 Polaris Avenue & 471 44 Elysian at Buffalo 220 81 East Ford Avenue & South 45 Rancho & Decatur 738 Maryland Pkwy 100 46 400 84 Road Townhomes 83 47 Avante Lofts 260 91 Southwest Townhomes 50 48 Downtown 57 219 96 8090 Giles Street 235 49 Downtown 57 Phase II 250 111 Eastern Land Senior 60 50 Downtown at 11th 84 112 Rome South 150 51 Redevelopment 50 Total Prospective 10,611 2 mi Source: Yardi Matrix

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

ID PROPERTY UNITS

1 Tuscan Highlands 304 Total Lease Up 304 108 110

11 Ely at Fort Apache 206 12 Level 25 at Sunset 260 14 Alta Southern Highlands 228 16 Level 25 at Oquendo Phase II 59 90 17 Tesora Phase II 92 33 19 2one5 – Phase II 124

20 LV Maule LLC 344 93 21 LV Amigo LLC 374 11 95 Total Under Construction 1,687 85 83

92 16 89 31 The Abode - Buffalo Sunset 418 12 17 36 87 19 32 Elysian at Sunset 384 32 31 33 Flamingo Canyon 332 88 94 34 86 34 KAKTUSlife @the curve 356 20 101 107 36 Sunset Road 326 37 The Arch 754 94 UnCommons 875 38 Ensworth Street 248 95 West Avenue & 181 39 Neal Avenue Lofts 193 South Riley Street 109 40 97 Bleutech Park Las Vegas 100 100 Robert Trent Jones Lane Multi - 228 Residential Development 98 98 Blue Diamond Road & South 320 113 Total Planned 3,239 Lindell Road 99 106 99 Blue Diamond Road & South Quarterhorse Lane 92 105 82 70 Amigo & Larson 132 100 Ely at Blue Diamond 224 38 71 Aspen Heights Henderson 312 101 Ely at Rainbow 271 97 72 Broadstone Avina 187 102 Gilespie Street & East Starr Avenue 220 80 Bermuda and St. Rose 219 37 103 Henderson West 2,920 102 82 Silverado Ranch Blvd 68 104 Neal Avenue Lofts Phase II 382 104 83 Betty's Village 70 39 105 Schirlls Street Townhomes 125 80 85 294 40 103 106 Warbonnet Pointe 88 86 KAKTUSlife @the curve Phase II 258 14 71 107 Warmington 320 87 Life Time @ Sullivan Square 100 70 108 La Madre Mountain Drive 560 1 21 88 Martin Avenue 332 109 South Fort Apache Road & West 160 89 Post Road 1,343 Wigwam Avenue 90 Resort Lofts 160 110 Tanager Phase II 264 72 92 Spring Valley 384 113 LV Rainbow LLC 360 93 Tropicana Avenue Senior 174 Total Prospective 11,495 1 mi Source: Yardi Matrix

LEGEND Lease-Up Under Construction Planned Prospective Las Vegas 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 Tuscan Highlands 12656 Southern Highlands Pkwy Las Vegas NV 89141 Lease-Up 304 Enterprise 07/09/2019 07/31/2021 11/10/2020 2 Elysian at the Palms 3850 West Nevso Drive Las Vegas NV 89103 Lease-Up 286 Bracken 10/31/2019 04/30/2021 09/23/2020

3 JADE 3150 West Twain Avenue Las Vegas NV 89103 Lease-Up 287 Bracken 06/01/2019 04/30/2021 09/16/2020 4 Elysian at Hughes Center 3776 Pkwy Las Vegas NV 89169 Lease-Up 368 08/07/2019 02/28/2021 07/20/2020 5 The Aviary 1070 Wellness Place Henderson NV 89011 Lease-Up 360 Henderson East 07/15/2018 02/28/2021 06/22/2020 6 Alta NV 1250 Wigwam Pkwy Henderson NV 89074 Lease-Up 347 Henderson West 09/13/2019 01/31/2021 07/20/2020 Total Lease-Up 1,952

7 Showboat Redevelopment Atlantic Street & East Oakey Blvd Las Vegas NV 89104 Under Construction 344 04/01/2020 12/31/2022 8 Life Time Living Green Valley 121 Carnegie Street Henderson NV 89052 Under Construction 148 Henderson West 10/01/2019 02/28/2022 NEC West Deer Springs Way & 9 Elysian at Centennial Las Vegas NV 89149 Under Construction 306 Las Vegas NW 10/01/2020 01/31/2022 Oso Blanca Road 10 Auric 251 South City Pkwy Las Vegas NV 89106 Under Construction 324 South Las Vegas 09/30/2019 01/31/2022 11 Ely at Fort Apache 5065 South Fort Apache Road Las Vegas NV 89148 Under Construction 206 Spring Valley West 08/01/2020 01/31/2022 12 Level 25 at Sunset 8251 West Sunset Road Las Vegas NV 89113 Under Construction 260 Spring Valley West 11/01/2019 01/31/2022 13 Aspen Heights South City Pkwy & West Ogden Avenue Las Vegas NV 89101 Under Construction 290 South Las Vegas 10/01/2019 10/31/2021 14 Alta Southern Highlands 12230 Southern Highlands Drive Las Vegas NV 89141 Under Construction 228 Enterprise 08/24/2020 10/31/2021 15 Elysian at Tivoli Alta Drive & South Rampart Blvd Las Vegas NV 89145 Under Construction 359 Las Vegas Central 03/19/2020 08/31/2021 16 Level 25 at Oquendo Phase II 9005 West Oquendo Road Las Vegas NV 89148 Under Construction 59 Spring Valley West 03/18/2020 03/31/2021 17 Tesora Phase II 9465 West Post Road Las Vegas NV 89148 Under Construction 92 Spring Valley West 02/01/2020 03/31/2021 18 Moderne at Centennial 129 East Rome Blvd North Las Vegas NV 89030 Under Construction 185 North Las Vegas West 08/31/2020 01/31/2021 19 2one5 – Phase II 7960 Rafael Rivera Way Las Vegas NV 89113 Under Construction 124 Spring Valley West 08/31/2020 01/31/2021 20 LV Maule LLC SW Corner of I-215 and S Buffalo Dr Las Vegas NV 89113 Under Construction 344 Spring Valley West 08/31/2020 01/31/2021 21 LV Amigo LLC Amigo St & Volunteer Blvd Henderson NV 89044 Under Construction 374 Henderson West 08/31/2020 01/31/2021 Total Under Construction 3,643

22 Brownstones 7523 Tule Springs Road Las Vegas NV 89131 Planned 143 Las Vegas NW West Deer Springs Way & 23 Montecito Las Vegas NV 89149 Planned 491 Las Vegas NW Grand Montecito Pkwy 24 Vue at Centennial Phase III 7350 West Centennial Pkwy Las Vegas NV 89131 Planned 314 Las Vegas NW 25 Crystal Park 3000 Michael Way Las Vegas NV 89108 Planned 136 Las Vegas Central 26 The Meadows 4490 Meadows Lane Las Vegas NV 89107 Planned 334 South Las Vegas 27 Bel Village Las Vegas 1211 South 3rd Street Las Vegas NV 89104 Planned 513 Downtown Las Vegas 28 Aliante Pkwy & Elkhorn Road SWC North Aliante Pkwy & Elkhorn Road North Las Vegas NV 89084 Planned 203 North Las Vegas West 29 Ann & Simmons SEC West Ann Road & Simmons Street North Las Vegas NV 89031 Planned 165 North Las Vegas West 30 Royal Crest 602 North Royal Crest Circle Las Vegas NV 89169 Planned 300 Las Vegas Strip SEC South Buffalo Drive & 31 The Abode - Buffalo Sunset Spring Valley NV 89113 Planned 418 Spring Valley West West Sunset Road 32 Elysian at Sunset 8146 Rafael Rivera Way Las Vegas NV 89113 Planned 384 Spring Valley West Source: Yardi Matrix Yardi Source: Las Vegas New Construction & Proposed Multifamily Projects

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

33 Flamingo Canyon South Grand Canyon Drive & Peace Way Spring Valley NV 89147 Planned 332 Spring Valley West 34 KAKTUSlife @the curve 8030 West Maule Avenue Las Vegas NV 89113 Planned 356 Spring Valley West 35 Peace Way Townhouse 5678 Peace Way Las Vegas NV 89147 Planned 60 Spring Valley West 36 Sunset Road 9171 West Sunset Road Las Vegas NV 89148 Planned 326 Spring Valley West 37 The Arch 11055 South Las Vegas Blvd Las Vegas NV 89183 Planned 754 Enterprise 38 Ensworth Street 10190 Ensworth Street Las Vegas NV 89183 Planned 248 Enterprise SWC Las Vegas Blvd South & 39 Neal Avenue Lofts Las Vegas NV 89183 Planned 193 Enterprise West Neal Avenue Robert Trent Jones Lane Multi - 40 3005 Robert Trent Jones Lane Las Vegas NV 89141 Planned 228 Enterprise Residential Development Total Planned 5,898

41 Sky Pointe 6994 Sky Pointe Drive Las Vegas NV 89131 Prospective 82 Las Vegas NW 42 Valley Vista North Decatur Blvd & Farm Road Las Vegas NV 89131 Prospective 364 Las Vegas NW 43 Alexander & 95 West Alexander Road & Quail Tree Las Vegas NV 89129 Prospective 60 Las Vegas Central 44 Elysian at Buffalo North Buffalo Drive & Trinity Peak Avenue Las Vegas NV 89128 Prospective 220 Las Vegas Central North Rancho Drive & 45 Rancho & Decatur North Las Vegas NV 89032 Prospective 738 South Las Vegas West Smoke Ranch Road South City Pkwy & South Grand 46 Symphony Park Las Vegas NV 89101 Prospective 400 South Las Vegas Central Pkwy 47 Avante Lofts 824 South 6th Street Las Vegas NV 89101 Prospective 260 Downtown Las Vegas 48 Downtown 57 324 South Maryland Pkwy Las Vegas NV 89101 Prospective 219 Downtown Las Vegas 49 Downtown 57 Phase II 1020 Lewis Avenue Las Vegas NV 89101 Prospective 250 Downtown Las Vegas 50 Downtown at 11th 231 North 11th Street Las Vegas NV 89101 Prospective 84 Downtown Las Vegas 51 Huntridge Theater Redevelopment 1208 East Charleston Blvd Las Vegas NV 89104 Prospective 50 Downtown Las Vegas 52 Live201 201 East Utah Avenue Las Vegas NV 89104 Prospective 117 Downtown Las Vegas 53 Midtown - Downtown 900 South Center Blvd Las Vegas NV 89101 Prospective 478 Downtown Las Vegas 54 East Deer Springs Way & Losee Road East Deer Springs Way & Losee Road North Las Vegas NV 89086 Prospective 304 North Las Vegas West 55 Vegas Trade Village 3301 North 5th Street North Las Vegas NV 89032 Prospective 264 North Las Vegas West 56 West Ann Road & Simmons Street West Ann Road & North Simmons Street North Las Vegas NV 89031 Prospective 242 North Las Vegas West 57 East Carey Avenue & North Pecos Road East Carey Avenue & North Pecos Road North Las Vegas NV 89030 Prospective 118 North Las Vegas East South Major Avenue & 58 27 Lofts Henderson NV 89015 Prospective 85 Henderson East East Van Wagenen Street 59 4 Corners Town Center Pkwy & Strada Di Villaggio Henderson NV 89011 Prospective 326 Henderson East 60 APEX @ Galleria SEC North Boulder Hwy & Galleria Drive Henderson NV 89011 Prospective 336 Henderson East 61 Aspen Peak Phase II 833 Aspen Peak Loop Henderson NV 89011 Prospective 50 Henderson East 62 Bella Vista 215 South Water Street Henderson NV 89015 Prospective 120 Henderson East 63 Galleria & McCormick East Galleria Drive & McCormick Road Henderson NV 89011 Prospective 223 Henderson East 64 Henderson Star North Boulder Hwy & Galleria Drive Henderson NV 89011 Prospective 50 Henderson East 65 Juniper Trails South Boulder Hwy & College Drive Henderson NV 89015 Prospective 302 Henderson East Source: Yardi Matrix Yardi Source: Las Vegas New Construction & Proposed Multifamily Projects

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

Lake Las Vegas Pkwy & 66 Lake Las Vegas Henderson NV 89015 Prospective 290 Henderson East East Pkwy South Mountain Vista Street & South Mountain Vista Street & 67 Henderson NV 89014 Prospective 392 Henderson East Olympic Avenue Olympic Avenue 68 The strEAT 37 South Water Street Henderson NV 89015 Prospective 90 Henderson East 69 The Summit on Boulder Highway Frontage Road & Pioneer Street Henderson NV 89015 Prospective 144 Henderson East 70 Amigo & Larson Amigo Street & Volunteer Blvd Henderson NV 89044 Prospective 132 Henderson West 71 Aspen Heights Henderson Amigo Street & East Dale Henderson NV 89044 Prospective 312 Henderson West 72 Broadstone Avina Via da Vinci & Via Inspirada Henderson NV 89044 Prospective 187 Henderson West 73 Pebble Road and Eastern Avenue South Eastern Avenue & East Pebble Road Las Vegas NV 89123 Prospective 195 Henderson West 74 The Palms Redevelopment 713 East Las Vegas NV 89104 Prospective 1,480 Winchester 75 Channel 10 Drive 4320 Channel 10 Drive Las Vegas NV 89119 Prospective 72 Las Vegas Strip 76 The Park at 3900 3900 Paradise Road Las Vegas NV 89169 Prospective 400 Las Vegas Strip NWC Cottage Grove Avenue & 77 U District Phases II & III Paradise NV 89119 Prospective 364 Las Vegas Strip South Maryland Pkwy 78 Cameron Street & Tropicana Avenue Cameron Street & West Tropicana Avenue Las Vegas NV 89103 Prospective 293 Bracken 79 Polaris Avenue & Spring Mountain Road Polaris Avenue & Spring Mountain Road Paradise NV 89103 Prospective 471 Bracken 80 Bermuda and St. Rose Bermuda Road & St. Rose Pkwy Enterprise NV 89183 Prospective 219 Paradise Valley South East Ford Avenue & 81 East Ford Avenue & South Maryland Pkwy Las Vegas NV 89123 Prospective 100 Paradise Valley South South Maryland Pkwy 82 Silverado Ranch Blvd Gilespie Street & East Silverado Ranch Blvd Las Vegas NV 89183 Prospective 68 Paradise Valley South 83 Betty's Village 6050 South Buffalo Drive Las Vegas NV 89113 Prospective 70 Spring Valley West West & 84 Desert Inn Road Townhomes Spring Valley NV 89117 Prospective 83 Spring Valley West South 85 The Gramercy Brent Thurman Way & West Spring Valley NV 89148 Prospective 294 Spring Valley West 86 KAKTUSlife @the curve Phase II 8030 West Maule Avenue Las Vegas NV 89113 Prospective 258 Spring Valley West 87 Life Time @ Sullivan Square South Durango Drive & West Sunset Road Spring Valley NV 89113 Prospective 100 Spring Valley West 88 Martin Avenue West Martin Avenue & Quarterhorse Lane Las Vegas NV 89148 Prospective 332 Spring Valley West 89 Post Road South Buffalo Drive & West Post Road Spring Valley NV 89118 Prospective 1,343 Spring Valley West 90 Resort Lofts South Eula Street & West Flamingo Road Las Vegas NV 89147 Prospective 160 Spring Valley West South Durango Drive & 91 Southwest Townhomes Las Vegas NV 89117 Prospective 50 Spring Valley West West Sahara Avenue South Fort Apache Road & 92 Spring Valley Spring Valley NV 89148 Prospective 384 Spring Valley West West Post Road 93 Tropicana Avenue Senior 9780 South Grand Canyon Drive Las Vegas NV 89147 Prospective 174 Spring Valley West 94 UnCommons SEC Durango Drive and Roy Horn Way Spring Valley NV 89113 Prospective 875 Spring Valley West West Hacienda Avenue & West Hacienda Avenue & 95 Spring Valley NV 89113 Prospective 181 Spring Valley West South Riley Street South Riley Street 96 8090 Giles Street 8090 Giles Street Las Vegas NV 89123 Prospective 235 Enterprise SWC West Cactus Avenue & 97 Bleutech Park Las Vegas Las Vegas NV 89183 Prospective 100 Enterprise South Las Vegas Blvd Source: Yardi Matrix Yardi Source: Las Vegas New Construction & Proposed Multifamily Projects

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

Blue Diamond Road & South Blue Diamond Road & South 98 Enterprise NV 89139 Prospective 320 Enterprise Lindell Road Lindell Road Blue Diamond Road & South Blue Diamond Road & South 99 Enterprise NV 89178 Prospective 92 Enterprise Quarterhorse Lane Quarterhorse Lane 100 Ely at Blue Diamond Blue Diamond Road & Edmond Street Las Vegas NV 89139 Prospective 224 Enterprise 101 Ely at Rainbow West Arby Avenue & Redwood Street Enterprise NV 89118 Prospective 271 Enterprise 102 Gilespie Street & East Starr Avenue Gilespie Street & East Starr Avenue Enterprise NV 89183 Prospective 220 Enterprise 103 Henderson West Gilespie Street & St. Rose Pkwy Henderson NV 89183 Prospective 2,920 Enterprise SWC Las Vegas Blvd South & West 104 Neal Avenue Lofts Phase II Las Vegas NV 89183 Prospective 382 Enterprise Neal Avenue 105 Schirlls Street Townhomes Hinson Street & West Silverado Ranch Blvd Enterprise NV 89139 Prospective 125 Enterprise Blue Diamond Road & South 106 Warbonnet Pointe Enterprise NV 89113 Prospective 88 Enterprise Cimarron Road South Cimarron Road & West 107 Warmington Las Vegas NV 89113 Prospective 320 Enterprise Warm Springs La Madre Mountain Drive & Summerlin 108 La Madre Mountain Drive NV 89135 Prospective 560 Summerlin / Blue Diamond Spruce Goose Street South South Fort Apache Road & West South Fort Apache Road & West 109 Spring Valley NV 89178 Prospective 160 Summerlin / Blue Diamond Wigwam Avenue Wigwam Avenue 110 Tanager Phase II 2375 Spruce Goose Street Las Vegas NV 89135 Prospective 264 Summerlin / Blue Diamond 111 Eastern Land Senior 832 North Eastern Avenue Las Vegas NV 89101 Prospective 60 Downtown Las Vegas 112 Rome South North 5th Street & East Rome Blvd North Las Vegas NV 89084 Prospective 150 North Las Vegas West NW Corner of Rainbow and 113 LV Rainbow LLC Enterprise NV 89139 Prospective 360 Enterprise Blue Diamond Total Prospective 22,106

TOTAL LAS VEGAS 33,599 Source: Yardi Matrix Yardi Source:

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