2909-15 Segovia Street, Coral Gables, FL 33134 2915 Segovia Street, Coral Gables, FL 33134 Single Family Development site

Sam Mekras Deme Mekras Elliot Shainberg Investment Associate CEO, Managing Partner Managing Partner 9 | MSP Group LLC | 7480 , PH 830, , FL 33155 | www.MSPGroup.com Follow Us Exclusive Listing Direct: 786.671.0154 Direct: 786.671.0149 Direct: 786.671.0151 [email protected] [email protected] [email protected] 2915 Segovia Street, Coral Gables, FL 33134

Table of Contents Confidentiality Disclaimer

Property Description...... 3 This is a confidential Offering Memorandum intended solely for your limited use and benefit in de-termining whether you desire to express further interest into the acquisition of the Subject Property. This Offering Memorandum contains selected information pertaining to the Property About MSP Group...... 11 and does not purport to be a representation of state of affairs of the Owner or the Property, to be all-inclusive or to contain all or part of the information which prospective investors may MSP Group Deals...... 21 require to evaluate a pur-chase of real property. All financial projections and information are provided for general reference purposes only and are based on assumptions relating to the general economy, market conditions, competition, and other factors beyond the control of the Owner or MSP Group ,LLC. Therefore, all projections, assumptions, and other information provided and made herein are subject to material variation. All references to acreages, square footages, and other measurements are approxima-tions. Additional information and an oppor- tunity to inspect the Property will be made available to all interested and qualified prospective purchasers. Neither the Owner or MSP Group, LLC. , nor any of their respective directors, offi- cers, affiliates or representatives are making any representation or warranty, expressed or -im plied, as to the accuracy or completeness of this Offering Memorandum or any of its contents, and no legal commitment or obligation shall arise by reason of your receipt of this Offering Memorandum or use of its contents; and you are to rely solely on your own inves-tigations and inspections of the Property in evaluating a possible purchase of the real property. The Owner expressly reserves the right, at its sole discretion, to reject any or all expressions of interest or offers to purchase Property, and/or to terminate discussions with any entity at any time with or without notice which may arise as a result of review of this Offering Mem-orandum. The Owner shall have no legal commit-ment or obligation to any entity review-ing this Offering Memoran- dum or making an offer to purchase the Prop-erty unless and un-til written agreement(s) for the purchase of the Property have been fully executed, delivered, and approved by the Owner and any obligations therein have been satisfied or waived. By receipt of the Offering Memorandum, you agree that this Offering Memorandum and its contents are of a confidential nature, that you will hold and treat it in the strictest confidence and that you will not disclose this Offering Memorandum or any of its contents to any other entity without the prior written authorization of the Owner or MSP Group, LLC. Furthermore , you agree not to use this Offering Mem-oran- dum or any of its con-tents in a manner detrimental to the interest of the Owner or MSP Group, LLC. In this Offering Memorandum, certain documents, including leases and other materi- als, are de-scribed in summary form. These summaries do not purport to be complete nor necessarily accu-rate descriptions of the full agreements referenced. Interested parties are so advised and expect-ed to review all such summaries and other documents of whatever nature independently and not to rely on `the contents of this Offering Memoran-dum in any manner.

ALL PROPERTY SHOWINGS ARE BY APPOINTMENT ONLY. PLEASE CONSULT YOUR MSP Group, LLC AGENT FOR MORE DETAILS

2 | MSP Group LLC | 7480 Bird Road, PH 830, Miami, FL 33155 | www.MSPGroup.com Follow Us 2915 Segovia Street, Coral Gables, FL 33134

Property Description

3 | MSP Group LLC | 7480 Bird Road, PH 830, Miami, FL 33155 | www.MSPGroup.com Follow Us 2909-15 Segovia Street, Coral Gables,2915 FL 33134 Segovia Street, Coral Gables, FL 33134

Property Description

2915 Segovia Street (Garage)

2915 Segovia Street is a 5,000 SF single family lot with a detached garage on it. The property is located in the City of Cor- List Price: $425,000 al Gables, (Miami-Dade MSA), one of the most affluent cities in the entire state. Currently more than 20 consulates 9 | MSP Group LLC | 7480 Bird Road, PH 830, Miami, FL 33155 | www.MSPGroup.com and 140 multinational corporations call Coral Gables home, including the world headquarters for both BacardiFollow Us and Del Folio: 03-4117-008-3980 Monte Fresh Produce. The city is also home to the and world class shopping along Miracle Mile and at the 780,000 SF luxury mall the Shops Merrick Park, where top retailers can be found including but not limited to Gucci, Year Built: 1952 Neiman Marcus, , Burberry, Coach and Louis Vuitton. The newest project of significance in Coral Gables is The Plaza a 2.25 Million SF mixed-use project. The project includes hotel, apartments, office and retail located only 0.8 miles from the subject property. Square Feet: 464

The propery is just 5 minutes from Merrick Park, Miracle Mile, and the famed Biltmore Hotel. Walking distance from the Lot Size: 5,000 property is the Coral Gables Public Library, Somerset Gables Academy, a local charter school, and the Coral Gables Youth Center which features amenities for all ages including a open park, athletic fields, full indoor gymnasium, fitness center, Price/Lot SF: $85 and landscaped public areas. Unit Mix: 1- Stand Alone Garage With the lack of available land and the central location of 2915 Segovia Street it is an ideal location for new modern hous- ing. New construction townhome, duplex and single family homes are selling between $550 and $900 per square foot in Proposed Use: comparable locations, justifying the demand for new construction in this submarket. Single Family Home

4 | MSP Group LLC | 7480 Bird Road, PH 830, Miami, FL 33155 | www.MSPGroup.com Follow Us 2915 Segovia Street, Coral Gables, FL 33134

Downtown Miami/ Downtown Coral Gables

2915 Segovia Street

5 | MSP Group LLC | 7480 Bird Road, PH 830, Miami, FL 33155 | www.MSPGroup.com Follow Us 2915 Segovia Street, Coral Gables, FL 33134

Coconut Grove Shops at Merrick Park

Coral Gables Youth Center

The Plaza Coral Gables 2.25 Million SF Mixed-Use Development Currently Under Construction

2915 Segovia Street

6 | MSP Group LLC | 7480 Bird Road, PH 830, Miami, FL 33155 | www.MSPGroup.com Follow Us 2915 Segovia Street, Coral Gables, FL 33134

Biltmore Hotel

Somerset Academy

2915 Segovia Street

7 | MSP Group LLC | 7480 Bird Road, PH 830, Miami, FL 33155 | www.MSPGroup.com Follow Us 2915 Segovia Street, Coral Gables, FL 33134

8 | MSP Group LLC | 7480 Bird Road, PH 830, Miami, FL 33155 | www.MSPGroup.com Follow Us 2915 Segovia Street, Coral Gables, FL 33134

9 | MSP Group LLC | 7480 Bird Road, PH 830, Miami, FL 33155 | www.MSPGroup.com Follow Us 2915 Segovia Street, Coral Gables, FL 33134

New Construction Sales Comparables

Address City, State Zip Beds Baths Half Baths Living Area Year Built Sold Price Price/SF Property Type 743 Valencia Avenue Coral Gables, FL 33134 4 4 1 4,187 2018 $2,680,000 $640 Townhouse

1291 Catalonia Avenue Coral Gables, FL 33134 5 5 1 4,625 2019 $2,850,000 $616 Single Family

5607 Riviera Drive Coral Gables, FL 33146 5 5 - 3,867 2017 $2,405,000 $622 Single Family

1549 San Rafael Avenue Coral Gables, FL 33134 5 4 1 3,175 2018 $2,100,000 $661 Single Family

734 Navarre Avenue Coral Gables, FL 33134 4 3 2 3,279 2018 $1,800,000 $549 Single Family

2953 Shipping Avenue Miami, FL 33133 5 6 - 1,926 2019 $1,690,000 $877 Twinhome

2955 Shipping Avenue Miami, FL 33133 5 6 - 1,926 2019 $1,690,000 $877 Twinhome

3630 Avocado Avenue Miami, FL 33133 4 4 1 3,442 2018 $1,910,000 $555 Single Family

3640 Avocado Avenue Miami, FL 33133 4 4 1 3,543 2018 $2,120,000 $598 Single Family

Average $666

10 | MSP Group LLC | 7480 Bird Road, PH 830, Miami, FL 33155 | www.MSPGroup.com Follow Us 2915 Segovia Street, Coral Gables, FL 33134

About MSP Group

11 | MSP Group LLC | 7480 Bird Road, PH 830, Miami, FL 33155 | www.MSPGroup.com Follow Us 2915 Segovia Street, Coral Gables, FL 33134

About MSP Group

Integrity | Service | Results

To date, the duo of Deme Mekras and Elliot Shainberg have closed in excess ous sales awards, receiving several promotions and helped found the Miami of $700,000,000 and more than 10,000 units in their careers. Deme and office prior to their departure in 2012. Elliot each began their professional careers in different parts of the country and in different industries, but both began in sales. They learned that hard In late 2012, Deme was recruited at the partner level to join Franklin Street, work and tenacity lead to results. While Deme was selling telecommunica- based in Tampa. Deme agreed to open the firm’s Miami office and did so by tions services to small businesses in Miami, Elliot sold payroll solutions to bringing his team of 4 professionals over with him. Over the next two years, small and medium sized businesses in City. Both recent college Deme and Elliot established the firm’s brand in the multifamily graduates, they spent their days pounding the phones, beating the pave- sales arena by closing more than $150,000,000 in deals. Despite their suc- ment and literally knocking on doors. cess at Franklin Street, the time had come for them to spread their wings and launch their own enterprise. In 2015, Deme and Elliot founded MSP After proving themselves in competitive markets, they turned their attention Group and were off to the races. to real estate, which quickly became their passion. When they each entered the real estate business, neither knew the other existed, but both were hun- They set out to make MSP Group the most trusted brand in South Florida gry to learn and develop. This ambition and thirst for knowledge lead them commercial real estate. To accomplish their mission, they needed a plat- to entry level positions at Marcus & Millichap, one of the world’s largest form that would allow them to truly serve their clients, free from conflicting commercial brokerage houses. Elliot started with Marcus & Millichap in New corporate agendas and toxic work environments. Having left all of the in- York and Deme in Ft. Lauderdale. Shortly after marrying his wife, a South fighting, office politics and bureaucracy behind, Deme and Elliot were free to Florida native, Elliot moved to South Florida and joined the Ft. Lauderdale focus on what they do best…Delivering best-in-class results for their clients! office. Deme and Elliot spent the next 10 years at the firm, earning numer- MSP Group LLC is South Florida’s Premier Commercial Real Estate Brokerage House.

12 | MSP Group LLC | 7480 Bird Road, PH 830, Miami, FL 33155 | www.MSPGroup.com Follow Us 2915 Segovia Street, Coral Gables, FL 33134

Team Biographies

Deme Mekras - CEO, Managing Partner Deme is the visionary and Chief Executive Officer at MSP Group. Having closed the telecom chapter of his career, Deme pursued He is an expert in the multifamily arena and has closed nearly his calling in the real estate business. After a brief stint at CBRE, 10,000 units in his career as well as numerous commercial proper- he joined the ranks at Marcus & Millichap in Ft. Lauderdale, where ties and developable land. A dedicated specialist, Deme has a firm he earned the esteemed Rookie of the Year award in 2003. Later command over all aspects of the multifamily business and enjoys he became a founding member of the firm’s Miami office which a stellar reputation in the market. opened in 2005. Prior to his departure from Marcus & Millichap in 2012, Deme was recognized by the firm numerous times for his A Miami native, Deme grew up in the areas of Coral Gables and performance, including receiving the prestigious National Sales . He attended Ransom Everglades middle and high Achievement Award multiple times and earning the title of Vice schools before graduating from Coral Gables Senior High. He then President of Investment Sales. attended Southern Methodist University (SMU) where he earned his Bachelors in Business Administration, majoring in Organiza- He was pulled away from Marcus & Millichap in late 2012 after tional Behavior and Business Policy with a double minor in Span- being recruited at the partner level to join Franklin Street. Deme ish and Latin American Studies. Deme is fluent in Spanish which brought his entire team with him and opened Franklin Street’s Mi- vastly enhances his relationship with his Latin American clientele. ami office. Over the next 2 years, they put the previously un-recog- nized brand on the map in South Florida by closing $150,000,000 After finishing at SMU in Dallas, Deme returned home to Miami to in deals under the Franklin Street flag. Deme Mekras begin his professional career. He gained valuable experience in a CEO, Managing Partner variety of industries ranging from aviation to telecom. During his An entrepreneur at heart, going out on his own was a natural time as a salesperson in the telecom industry, Deme’s determina- evolution for Deme. In March of 2015, Deme and co-founder, Elliot tion and tenacity made him a consistent performer. His last sales Shainberg, launched MSP Group. Through their hard work and an (786) 671-0149 – Direct position in the tech world was at MCI/Worldcom. Fortunately, he unwavering commitment to their founding principles, the company (786) 208-2684 – Mobile had earned his salespersons license in 2001 and closed his first surpassed $100,000,000 in sales and closed over 900 units in the [email protected] commercial real estate transaction just as the dot com crash was first full calendar year; and the rest is history…in the making! unfolding.

Education Sales Achievements / Awards Southern Methodist University • Surpassed $600 Million in Closed Deals • BBA in Organizational Behavior and Business Policy, 1998 • Nearly 10,000 units Closed • Double Minor Spanish and Latin American Studies • Power Leader - South Florida Business Journal, 2014 • Licensed Real Estate Broker - Florida • Sales Achievement Award - Franklin Street, 2014 • Company Sales Plaque—Marcus & Millichap, 2005,2006, 2012 • Seven-Figure Club—Marcus & Millichap, 2009-2012

13 | MSP Group LLC | 7480 Bird Road, PH 830, Miami, FL 33155 | www.MSPGroup.com Follow Us 2915 Segovia Street, Coral Gables, FL 33134

Team Biographies

Elliot Shainberg - Managing Partner Elliot is a Co-Founder and Managing Partner of MSP Group. He He was pulled away from Marcus & Millichap in late 2012 after be- has been in the multifamily business in South FL since late 2003 ing recruited with Deme Mekras to join Franklin Street. Elliot and and has closed on the sale of nearly 7,000 multifamily and frac- Deme put the previously unrecognized brand on the map in South tured condominium units in his career. Dedicat-ed to maximum Florida by closing $150,000,000 in deals under the Franklin Street performance for their clients, Elliot and his business partner Deme flag between January 2013 and March of 2015. Mekras, have built a reputation on putting their Clients’ need first and foremost while being aggressive and creative deal makers. A With 12 years of experience under his belt from large and mid-size Los Angeles, native, Elliot also spent time living in the commercial real estate firms the next logical step for Elliot’s career New York City area prior to moving to South Florida with his wife in was to co-found MSP Group, which he did in 2015. Since opening 2003. He attended Yeshiva University in New York City where he MSP Group, Elliot and Deme have flourished and repeatedly take earned his Bachelor degree, majoring in Political Science. business from national and global competitors by cherishing their client relationships and leveraging their deep market knowledge. Prior to getting into the real estate business Elliot received multi- Their work ethic and commitment to their clients is punctuated ple sales achievement awards selling payroll related services for by the more than $100,000,000 and 900 units in closed deals Compupay in Midtown Manhattan from 1999 to 2002. In 2003 achieved in the first full calendar year since MSP Group launched and while still in New York, he entered the real estate industry and in 2015. The future is bright at MSP Group as the firm continues gained valuable experience in property management and then to build on its core principals of success! Elliot Shainberg multifamily investment sales for Marcus and Millichap. Elliot Managing Partner transferred to the firm’s Ft. Lauderdale office in 2003, where he focused on multifamily sales in Dade and Broward counties. Later he became a founding member of the firm’s Miami office which (786) 671-0151 – Direct opened in 2005 and was the firm’s top selling multifamily agent in (917) 992-6189 – Mobile their Miami office during the economic downturn of 2009, again [email protected] proving his mettle.

Education Sales Achievements / Awards Yeshiva University • Surpassed $370 Million in career closings • BA in Political Science • Nearly 7,000 Units Closed • Licensed Real Estate Salesperson - Florida • Sales Achievement Award - Franklin Street, 2014 • #1 Agent Marcus & Millichap Miami Office—2009

14 | MSP Group LLC | 7480 Bird Road, PH 830, Miami, FL 33155 | www.MSPGroup.com Follow Us 2915 Segovia Street, Coral Gables, FL 33134

Team Biographies

Sam Mekras - Investment Associate In addition to being a founding member of MSP Group, Sam was Sam’s integrity, knowledge of finance, mastery of Microsoft Excel instrumental in developing MSP Group’s proprietary financial mod- and rigorous work ethic make him an invaluable asset to MSP els, proposal templates and marketing materials. As MSP Group Group. has progressed out of the start-up phase, Sam is an integral part of the MSP Group sales team, focusing on multifamily properties between 10 and 50 units in South Florida.

While Sam was born in Durham, , he returned to his family roots, moving to Miami just before Hurricane Andrew in 1992. Both of Sam’s parents being Miami natives and strong family ties brought them back to Miami. Sam grew up in the South Miami area, attending Kenwood K-8 Center and later graduated from Florida Christian School.

He then went on to study at Florida International University (FIU) where he earned a Bachelors of Business Administration, majoring in Finance. Sam completed his post graduate studies at FIU and Sam Mekras obtained a Master of Science in Finance; earning a 3.8 grade point Investment Associate average while shouldering a full time work load as a Senior Analyst at Franklin Street. (786) 671-0154 – Direct Prior to Franklin Street, Sam began his real estate career with a (786) 417-3709 – Mobile brief stint at Marcus & Millichap, assisting MSP Group CEO, Deme [email protected] Mekras in all business functions. Sam logged a combined 3 years at Marcus & Millichap and Franklin Street, where he gained valu- able experience, underwriting close to $500,000,000 of multifamily properties and helping to fa-cilitate the teams’ pipeline of closings.

Education Florida International University • Master Science of Finance, 2014 • BBA in Finance, 2013 • Licensed Real Estate Salesperson - Florida

15 | MSP Group LLC | 7480 Bird Road, PH 830, Miami, FL 33155 | www.MSPGroup.com Follow Us 2915 Segovia Street, Coral Gables, FL 33134

Our Team

Deme Mekras Elliot Shainberg Sam Mekras CEO, Managing Partner Managing Partner Investment Associate

Cristy Franyie Eddie Bustamante Transaction and Marketing Coordinator Financial Analyst

16 | MSP Group LLC | 7480 Bird Road, PH 830, Miami, FL 33155 | www.MSPGroup.com Follow Us 2915 Segovia Street, Coral Gables, FL 33134

Our Advantage

Integrity | Service | Results Sales Volume

The three pillars of INTEGRITY | SERVICE | RESULTS are the foundation on which MSP Group was born and the philosophy that every member of our team is committed to. MSP Group’s success is obviously not due to our size, but rather an unwavering commitment to our mantra that “the Client’s agenda is the ONLY agenda.”

MSP Group founders, Deme Mekras and Elliot Shainberg, share their deep experience, market knowledge and industry relationships with their clients. Over the last 14 years, they have closed more than $700,000,000 and 10,000 units in multifamily sales. 10,000 $700,000,000

$ Volume Closed # of Units Sold

Specialization | Expert Analysis

MSP Group Clients benefit from expert valuations because we are multifamily specialists. We are acutely aware of market trends, submarket nuances and most importantly, current buyer demand. Our extensive network of active buy- ers, deep relationships with local, regional and national lenders all contribute to our ability to get even the toughest of deals closed.

17 | MSP Group LLC | 7480 Bird Road, PH 830, Miami, FL 33155 | www.MSPGroup.com Follow Us 2915 Segovia Street, Coral Gables, FL 33134

Lender Network

MSP Group maintains relationships with many local, regional, and national lenders that play a critical role in the liquidity of the apartment market.

Unlike Our Competitors Msp Group’s Wide Ranging Investor Pool

We pride ourselves on demonstrating genuine care about our Clients’ individ- ual circumstances and objectives. Whether you are a private investor or a billion dollar fund manager, MSP has the knowledge and experience to ser- vice your business. Because our approach is a holistic one, we understand that “sell now” isn’t always the best answer (when’s the last time you heard a broker say that!?!?).

25% 56% How We Get Maximum Results Out of State Local

Over the last 15 years MSP Group founders, Deme Mekras and Elliot Shain- berg, have closed more than $650,000,000 and 9,800 units in multifamily sales. MSP Group’s unmatched work ethic and experience consistently de- livers best-in-class results to our Clients. Tailoring eachmarketing campaign to the subject Property and specific Client needs, we cast as wide of a net as possible to ensure market exposure that spans the globe and leaves no stone unturned. 19% International

18 | MSP Group LLC | 7480 Bird Road, PH 830, Miami, FL 33155 | www.MSPGroup.com Follow Us 2915 Segovia Street, Coral Gables, FL 33134

Global Reach

MSP Group maintains relationships with many local, regional, and national lenders that play a critical role in the liquidity of the apartment market.

Client’s Agenda

We broadly expose our listings to the market and often proactively market to the outside brokerage community. Many of our competitors keep their inventory in house and don’t expose it to the broader market. Some of them will tell you they “cooperate”, but what they don’t tell you is that they make cooperating brokers jump through hoops and divulge personal information about their Buyer before releasing information about the opportunity. This tactic helps our competitors keep more Seller-paid commissions in the pockets of the listing broker, but this is at the expense of the very Client they are supposed to be serving! At MSP Group, the Client’s agenda is the ONLY Agenda! The client’s agenda Is the only agenda

19 | MSP Group LLC | 7480 Bird Road, PH 830, Miami, FL 33155 | www.MSPGroup.com Follow Us 2915 Segovia Street, Coral Gables, FL 33134

Client’s Testimonials

Both Deme and Elliot We wanted to Deme and his staff They promised us more are extremely diligent thank you for your went far above and value and they delivered. and professional and guidance, patience beyond the call of duty. Our experience working know how to get deals and proffesionalism in with the MSP Group has closed. getting the deal done. been exceptional. Freddy Sayegh Andrew Gordon Howard E. Kurzweil, ESQ Sebastian Barbagallo Freshwater Group LLC Stratford Management B&L Management Group

READ LETTER READ LETTER READ LETTER READ LETTER

Their tenacity and A testament to I could not imagine Deme is a rarity on commitment to their your determined, a better person to the South Florida Real client... professional effort for deal with than Deme Estate scene. which I am grateful. Mekras.

David S. Allen Gary A. Tave, P.E. Carlos Tosca Elizabeth Sargent Realty Financial Partners Managing Member PalmCorp Development South Florida Living

READ LETTER READ LETTER READ LETTER READ LETTER

20 | MSP Group LLC | 7480 Bird Road, PH 830, Miami, FL 33155 | www.MSPGroup.com Follow Us 2915 Segovia Street, Coral Gables, FL 33134

MSP Group Deals

21 | MSP Group LLC | 7480 Bird Road, PH 830, Miami, FL 33155 | www.MSPGroup.com Follow Us 2915 Segovia Street, Coral Gables, FL 33134

Available Deals

Allapattah Development Site Miami Art Building West Palm Beach

Price: Price per Unit: Price: Price per Unit: $2,650,000 $25,980 $2,050,000 $113,889 UNDER Units: Year Built: Units: Year Built: CONTRACT 102 TBD 18 1924 12326 NE 6th Avenue North Miami 11101 SW 224th Street

Price: Price per Unit: Price: Price per Unit: $1,300,000 $130,000 $820,000 $82,000

Units: Year Built: Units: Year Built: 10 1959 10 1962

485 SW 4th Avenue Homestead Rancho Luna Development Site Miami

Price: Price per Unit: Price: Price per Acre: $925,000 $77,083 $2,250,000 $28,125

UNDER Units: Year Built: Units: Year Built: 12 1956 CLOSED 80 TBD CONTRACT

22 | MSP Group LLC | 7480 Bird Road, PH 830, Miami, FL 33155 | www.MSPGroup.com Follow Us 2915 Segovia Street, Coral Gables, FL 33134

Closed Deals

Avesta Portfolio Florida Sunset Palms Davie

Price: Price per Unit: Price: Price per Unit: $81,363,000 $37,000 $38,500,000 $121,069

Units: Year Built: Units: Year Built: CLOSED 2,199 Multiple CLOSED 318 1975

Palm Terrace Hollywood Southwood Miami

Price: Price per Unit: Price: Price per Unit: $19,550,000 $101,822 $14,185,000 $98,507

Units: Year Built: Units: Year Built: CLOSED 192 1968 CLOSED 144 1979

Hialeah Portfolio Hialeah Palm Gardens Wilton Manors

Price: Price per Unit: Price: Price per Unit: $14,100,000 $87,578 $14,100,000 $85,890

Units: Year Built: Units: Year Built: CLOSED 161 1958-1968 CLOSED 163 1969

*Partial list of closed deals

23 | MSP Group LLC | 7480 Bird Road, PH 830, Miami, FL 33155 | www.MSPGroup.com Follow Us 2915 Segovia Street, Coral Gables, FL 33134

Closed Deals

Miller Lake Miami Vizcaya Villas Tamarac

Price: Price per Unit: Price: Price per Unit: $12,450,000 $159,615 $12,350,000 $95,736

Units: Year Built: Units: Year Built: CLOSED 78 1970 CLOSED 129 1990

Riverwalk II Homestead Kimberly North Lauderdale

Price: Price per Unit: Price: Price per Unit: $12,000,000 $107,143 $11,900,000 $119,000

Units: Year Built: Units: Year Built: CLOSED 112 1994 CLOSED 100 1960

Noden Miami Grand Island II & III North Miami Beach

Price: Price per Unit: Price: Price per Unit: $11,400,000 $121,277 $11,000,000 $100,000

Units: Year Built: Units: Year Built: CLOSED 94 1968-70 CLOSED 110 1959-69

*Partial list of closed deals

24 | MSP Group LLC | 7480 Bird Road, PH 830, Miami, FL 33155 | www.MSPGroup.com Follow Us 2915 Segovia Street, Coral Gables, FL 33134

Closed Deals

Monserratt Miami 1105 W 76th Street Hialeah

Price: Price per Unit: Price: Price per Unit: $10,410,000 $86,750 $10,400,000 $136,842

Units: Year Built: Units: Year Built: CLOSED 120 2000 CLOSED 76 1968

Windward Lakes Pompano Beach Sovereign Bank Portfolio Florida

Price: Price per Unit: Price: Price per Unit: $9,600,000 $92,308 $9,000,000 $24,523

Units: Year Built: Units: Year Built: CLOSED 104 1992 CLOSED 367 Multiple

Sabal Pointe Condos Palm Springs Intermex Miami

Price: Price per Unit: Price: Price per SF: $8,190,000 $70,000 $7,474,000 $294

Units: Year Built: SF: Year Built: CLOSED 117 1973 CLOSED 25,420 1994

*Partial list of closed deals

25 | MSP Group LLC | 7480 Bird Road, PH 830, Miami, FL 33155 | www.MSPGroup.com Follow Us 2915 Segovia Street, Coral Gables, FL 33134

Closed Deals

Autumn Chase Condos Largo Shady Oaks St. Petersburg

Price: Price per Unit: Price: Price per Unit: $7,431,956 $56,000 $7,100,000 $37,566

Units: Year Built: Units: Year Built: CLOSED 124 1975 CLOSED 189 1972

California Club Miami 78 Unit Portfolio Miami Springs

Price: Price per Unit: Price: Price per Unit: $7,050,000 $110,156 $6,300,000 $80,769

Units: Year Built: Units: Year Built: CLOSED 64 1978 CLOSED 78 Multiple

Miami D Miami Gardens Jaclyn Hialeah

Price: Price per Unit: Price: Price per Unit: $6,050,000 $54,018 $6,050,000 $84,028

Units: Year Built: Units: Year Built: CLOSED 112 1972 CLOSED 72 1970

*Partial list of closed deals

26 | MSP Group LLC | 7480 Bird Road, PH 830, Miami, FL 33155 | www.MSPGroup.com Follow Us 2915 Segovia Street, Coral Gables, FL 33134

Closed Deals

Capital Oaks Villas Tallahassee Continental Springs Miami Springs

Price: Price per Unit: Price: Price per Unit: $5,850,000 $69,643 $5,300,000 $96,364

Units: Year Built: Units: Year Built: CLOSED 84 1974 CLOSED 55 1966 CLOSED

Del Rio Miami Greenview Tamarac Tamarac

Price: Price per Unit: Price: Price per Unit: $4,620,000 $60,000 $4,515,000 $35,000

Units: Year Built: Units: Year Built: CLOSED 77 1963 CLOSED 129 1990 CLOSED

Crespi Waterfront Miami Beach Galaxy Miami

Price: Price per Unit: Price: Price per Unit: $4,300,000 $179,167 $4,000,000 $83,333

Units: Year Built: Units: Year Built: CLOSED 24 1969 CLOSED 48 1972

*Partial list of closed deals

27 | MSP Group LLC | 7480 Bird Road, PH 830, Miami, FL 33155 | www.MSPGroup.com Follow Us / MSPGroup

P +1 (786) 671-0155 | F +1 (786) 364-1577 | E [email protected] MSP Group LLC | 7480 Bird Road, PH 830, Miami, FL 33155 | www.MSPGroup.com