Jacksonville New Construction & Proposed Multifamily Projects 4Q18

ID PROPERTY UNITS 1 Landing at St. Augustine, The 273 36 2 JTB 350 3 Ciel 400 37 4 RiverVUE 228 70 43 41 5 Jaxon, The 287 48 6 Broadstone River House 263 38 19 7 Luxor Club 464 8 SUR Southside Quarter 306 47 9 Jackson Commons 66 25 45 10 Ravella at Town Center 306 Total Lease-Up 2,943 24 11 Antigua Saint Augustine 249 6 12 Oasis at Town Center, The 328 13 22 13 San Marco 147 46 16 44 14 San Marco Promenade 284 15 23 15 Duval Station Landing 104 58 16 Bishop Gate 145 57 17 Reserve at Nocatee, The 244 39 18 Waters Ridge Phase II 72 26 19 Barnett Bank Redevelopment 108 14 20 Le Montage 50 Total Under Construction 1,731 56 21 5220 Atlantic Blvd 80 22 District, The 552 23 Kings Avenue Station 90 24 South Shore 185 9 25 Vista Brooklyn 308 26 East San Marco 239 27 Gate Parkway 230 28 Gateway Village at Town Center 289 32 55 29 Satori Apartments at Gateway Village 289 21 18 30 Bainbridge St. Johns Town Center 276 31 West Kernan 301 52 4 31 32 Atlantic Blvd 253 5 33 Plantation Bay 266 3 12 10 34 Sentosa Beachwalk 348 2 30 35 79 Masters Drive 100 27 8 36 Vintage Amelia Island 224 59 28 54 37 Wildlight 279 29 50 38 Lofts at Jefferson Station 133 33 49 Total Planned 4,442 39 San Marco Crossing 331 40 San Marco Promenade Phase II 356 41 Ashley Square 120 20 42 District Phase II, The 618 43 District, The 100 44 Hendricks Avenue 345 53 45 Jacksonville Jaguars Lot J 500 7 46 Kings Avenue Station Phase II 300 61 17 47 Lofts at Brooklyn 136 60 64 48 Lofts at Cathedral 140 34 49 ETown Parcel E9 326 50 Fusion 384 51 Beach & Kernan 198 68 52 Lane Avenue 120 53 Garden 250 54 Shoppes of Ponte Vedra Beach 250 62 55 Neptune Beach 175 56 Preserve at Island Pointe, The 192 57 Spartina Cove 270 65 58 Starratt Road & Bonaparte Landing Blvd 80 59 Saddle Brook Landings Phase II 216 67 60 Harmony at Baxley 86 61 Landing, The 84 62 RiverTown 500 1 63 Artesia at Gran Park 296 66 64 Pavilion at Durbin Park, The 999 65 Cordova Palms 750 35 66 Court Theophelia 50 LEGEND 67 Cross County Plaza 50 Lease-Up 68 Silverleaf Plantation 210 11 Under Construction 69 Wildlight Phase II 721 70 William Burgess Blvd. & Harts Road 110 Planned Total Prospective 9,263 Prospective 5 mi Source: Yardi Matrix

a Berkshire Hathaway and Jefferies Financial Group company Jacksonville New Construction & Proposed Multifamily Projects

FORECASTED ID PROPERTY NAME ADDRESS CITY STATE ZIP STATUS UNITS SUBMARKET PERMIT DATE COMPLETION DATE START OF RENT-UP 1 Landing at St. Augustine, The 100 Lasa Drive St Augustine FL 32084 Lease-Up 273 St Augustine 02/01/2018 12/31/2019 10/09/2018 2 JTB 8876 A C Skinner Pkwy Jacksonville FL 32256 Lease-Up 350 Deerwood Club - west 10/01/2017 06/30/2019 12/03/2018 3 Ciel 4929 Skyway Drive Jacksonville FL 32246 Lease-Up 400 Pineland Gardens 10/23/2017 06/30/2019 07/04/2018 4 RiverVUE 3946 St. Johns Avenue Jacksonville FL 32205 Lease-Up 228 San Jose 04/01/2017 03/31/2019 07/04/2018 5 Jaxon, The 4450 Tropea Way Jacksonville FL 32246 Lease-Up 287 Pineland Gardens 06/01/2016 03/31/2019 05/01/2018 6 Broadstone River House 1655 Prudential Drive Jacksonville FL 32207 Lease-Up 263 College Park/Springfield 10/01/2016 01/31/2019 12/18/2018 7 Luxor Club 13800 Egrets Nest Drive Jacksonville FL 32258 Lease-Up 464 Bayard 06/15/2018 01/31/2019 11/14/2018 8 SUR Southside Quarter 7385 Park Village Drive Jacksonville FL 32256 Lease-Up 306 Deerwood Club - east 09/01/2017 01/31/2019 09/28/2018 9 Jackson Commons 3631 University Blvd North Jacksonville FL 32277 Lease-Up 66 Newcastle 01/01/2018 01/31/2019 07/03/2018 10 Ravella at Town Center 4674 Town Center Pkwy Jacksonville FL 32246 Lease-Up 306 Pineland Gardens 12/01/2016 01/31/2019 04/19/2018 TOTAL LEASE-UP 2,943 11 Antigua Saint Augustine Marina Cove Drive & Plantation Island Drive North St. Augustine FL 32080 Under Construction 249 St Augustine 10/20/2018 12/31/2020 12 Oasis at Town Center, The 10595 Brightman Blvd Jacksonville FL 32246 Under Construction 328 Pineland Gardens 11/01/2018 12/31/2019 13 San Marco 1444 Home Street Jacksonville FL 32207 Under Construction 147 College Park/Springfield 09/26/2018 12/31/2019 14 San Marco Promenade 2600 Philips Hwy Jacksonville FL 32207 Under Construction 284 South Jacksonville 07/23/2018 10/31/2019 15 Duval Station Landing 205 Duval Station Road Jacksonville FL 32218 Under Construction 104 Highlands 04/17/2018 08/31/2019 16 Bishop Gate 500 Bishopgate Lane Jacksonville FL 32204 Under Construction 145 College Park/Springfield 12/31/2017 06/30/2019 17 Reserve at Nocatee, The 215 Hunters Lake Way Ponte Vedra Beach FL 32081 Under Construction 244 Ponte Vedra Beach 02/01/2018 03/31/2019 18 Waters Ridge Phase II 2304 St Johns Bluff Road South Jacksonville FL 32246 Under Construction 72 Oakwood Villa 04/30/2018 02/28/2019 19 Barnett Bank Redevelopment 112 West Adams Street Jacksonville FL 32202 Under Construction 108 College Park/Springfield 10/16/2017 02/28/2019 20 Le Montage 3050 East Old River Road Jacksonville FL 32223 Under Construction 50 Greenland 05/31/2016 01/31/2019 TOTAL UNDER CONSTRUCTION 1,731 21 5220 Atlantic Blvd 5220 Atlantic Blvd Jacksonville FL 32207 Planned 80 South Jacksonville 22 District, The 801 Broadcast Place Jacksonville FL 32207 Planned 552 College Park/Springfield 23 Kings Avenue Station 1201 Kings Avenue Jacksonville FL 32207 Planned 90 College Park/Springfield 24 South Shore NWC Palm Avenue & Prudential Drive Jacksonville FL 32207 Planned 185 College Park/Springfield 25 Vista Brooklyn 200 Riverside Avenue Jacksonville FL 32202 Planned 308 College Park/Springfield 26 East San Marco 1506 Atlantic Blvd Jacksonville FL 32207 Planned 239 San Jose 27 Gate Parkway Deerwood Park Blvd & Gate Pkwy Jacksonville FL 32256 Planned 230 Deerwood Club - east 28 Gateway Village at Town Center SWC Deerwood Park Blvd & Gate Pkwy Jacksonville FL 32256 Planned 289 Deerwood Club - east 29 Satori Apartments at Gateway Village 10640 Satori Lane Jacksonville FL 32211 Planned 289 Deerwood Club - east 30 Bainbridge St. Johns Town Center Betty Holzendorf Drive & Kernan Blvd South Jacksonville FL 32224 Planned 276 Southridge 31 West Kernan 12517 Beach Blvd Jacksonville FL 32246 Planned 301 Southridge 32 Atlantic Blvd 13723 Atlantic Blvd Jacksonville FL 32225 Planned 253 Beacon Hills 33 Plantation Bay 7598 Plantation Bay Drive Jacksonville FL 32244 Planned 266 Ortega Hills 34 Sentosa Beachwalk County Road 210 & Old County Road 210 St. Johns FL 32259 Planned 348 Bayard 35 79 Masters Drive 79 Masters Drive St. Augustine FL 32084 Planned 100 St Augustine 36 Vintage Amelia Island South 14th Street & Lime Street Fernandina Beach FL 32034 Planned 224 Fernandina Beach 37 Wildlight Harper Chapel Road & State Road 200 Yulee FL 32097 Planned 279 Fernandina Beach 38 Lofts at Jefferson Station 799 Water Street Jacksonville FL 32204 Planned 133 College Park/Springfield TOTAL PLANNED 4,442 39 San Marco Crossing 2118 Kings Avenue Jacksonville FL 32207 Prospective 331 South Jacksonville 40 San Marco Promenade Phase II 2600 Philips Hwy Jacksonville FL 32207 Prospective 356 South Jacksonville 41 Ashley Square East Ashley Street & North Newnan Street Jacksonville FL 32202 Prospective 120 College Park/Springfield 42 District Phase II, The 801 Broadcast Place Jacksonville FL 32207 Prospective 618 College Park/Springfield 43 District, The 21 West Church Street Jacksonville FL 32202 Prospective 100 College Park/Springfield 44 Hendricks Avenue 1230 Hendricks Avenue Jacksonville FL 32207 Prospective 345 College Park/Springfield 45 Jacksonville Jaguars Lot J NEC Gator Bowl Blvd & North Georgia Street Jacksonville FL 32202 Prospective 500 College Park/Springfield 46 Kings Avenue Station Phase II 1202 Kings Avenue Jacksonville FL 32207 Prospective 300 College Park/Springfield 47 Lofts at Brooklyn Dora Street & Spruce Street Jacksonville FL 32204 Prospective 136 College Park/Springfield 48 Lofts at Cathedral 325 East Duval Street Jacksonville FL 32202 Prospective 140 College Park/Springfield 49 ETown Parcel E9 SEC Campfield Drive & R G Skinner Pkwy Jacksonville FL 32256 Prospective 326 Deerwood Club - east 50 Fusion NEC Baymeadows Road East & Homeplace Drive Jacksonville FL 32256 Prospective 384 Deerwood Club - east 51 Beach & Kernan Beach Blvd & Kernan Blvd Jacksonville FL 32246 Prospective 198 Southridge 52 Lane Avenue 1839 Lane Avenue South Jacksonville FL 32210 Prospective 120 Cedar Hills 53 Garden SEC Cross Town & Valley Ridge Blvd Ponte Vedra Beach FL 32081 Prospective 250 Ponte Vedra Beach 54 Shoppes of Ponte Vedra Beach 330 Highway A1A Ponte Vedra Beach FL 32082 Prospective 250 Ponte Vedra Beach 55 Neptune Beach 572 Atlantic Blvd Neptune Beach FL 32266 Prospective 175 Neptune Beach 56 Preserve at Island Pointe, The 1000-1 Broward Ap & Broward Road Jacksonville FL 32218 Prospective 192 Highlands 57 Spartina Cove Cole Road & Interstate 95 Jacksonville FL 32218 Prospective 270 Highlands 58 Starratt Road & Bonaparte Landing Blvd Bonaparte Landing Blvd & Starratt Road Jacksonville FL 32218 Prospective 80 Highlands 59 Saddle Brook Landings Phase II 3037 John Hancock Court Jacksonville FL 32221 Prospective 216 Jacksonville Heights 60 Harmony at Baxley Baxley Road & Country Pines Drive Middleburg FL 32068 Prospective 86 Orange Park 61 Landing, The SEC Blanding Blvd & Old Jennings Road Middleburg FL 32068 Prospective 84 Orange Park 62 RiverTown 39 Riverwalk Blvd St. Johns FL 32259 Prospective 500 Orange Park 63 Artesia at Gran Park Citicards Way & Flagler Center Blvd Jacksonville FL 32258 Prospective 296 Bayard 64 Pavilion at Durbin Park, The Interstate 95 & Race Track Road Jacksonville FL 32259 Prospective 999 Bayard 65 Cordova Palms US Route 1 & Venetian Blvd St. Augustine FL 32095 Prospective 750 St Augustine 66 Court Theophelia 6 Court Theophelia St. Augustine FL 32084 Prospective 50 St Augustine 67 Cross County Plaza NWC South Francis Road & State Route 16 St. Augustine FL 32092 Prospective 50 St Augustine 68 Silverleaf Plantation Old County Road 210 & St. Johns Parkway St. Augustine FL 32092 Prospective 210 St Augustine 69 Wildlight Phase II Harper Chapel Road & State Road 200 Yulee FL 32097 Prospective 721 Fernandina Beach 70 William Burgess Blvd. & Harts Road William Burgess Blvd & Harts Road Yulee FL 32097 Prospective 110 Fernandina Beach TOTAL PROSPECTIVE 9,263

TOTAL JACKSONVILLE 18,379

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