Metro LA New Construction & Proposed Multifamily Projects 3Q18

138 639 South La Brea Avenue 160 ID PROPERTY UNITS 139 Fairfax WeHo 53 272 Arapahoe Street 173 3 Aliso 472 140 333 La Cienega 145 273 Mariposa and Fedora 173 4 Mansfield, The 138 141 8899 Beverly 76 274 Pinnacle 360 221 5 Pearl on Wilshire, The 346 142 La Cienega 90 275 Soul 256 6 Sunset and Gordon 299 143 Solstice 72 276 Vermont Avenue 250 277 3869 Wilshire Blvd 227 7 Griffin on Spring, The 275 Total Planned 14,315 8 El Centro 507 278 Manhattan on 6th 51 151 1723 Wilcox Avenue 68 279 Western Avenue 73 9 888 at Grand Hope Park 525 153 1000 Hill 700 10 Grace on Spring, The 300 280 1180 La Brea 67 154 1045 Olive Street 794 281 1276 North Western 75 13 Onyx 162 155 1115 South Olive Street 536 14 Circa 648 282 4100 Sunset 91 156 1120 South Olive Street 713 283 Rosenell Terrace 71 15 Axis on Eleventh 177 157 1148 South 50 16 Vision on Wilshire 150 284 Sunset 4000 84 158 1349 Grand Avenue 284 285 5601 Santa Monica Blvd 375 17 Topaz 159 159 1600 South Flower Street 250 19 Luna on Wilshire 209 286 6400 Sunset Blvd 232 160 330 Alameda Street 186 287 6901 Santa Monica Blvd 231 Total Lease-Up 4,367 161 350 South Figueroa Street 570 288 1868 North Western Avenue 87 20 1212 South Flower 730 162 641 Imperial Street 140 289 4311 Sunset 108 22 5750 161 163 6AM 1,305 290 1749 North Las Palmas 70 24 Academy, The 200 164 740 Jackson Street 88 291 Crossroads Hollywood 760 25 Lombardi, The 86 165 785 Towne Avenue 60 292 Crossroads Hollywood 950 26 AVA Hollywood 695 166 845 Olive 205 293 Hollywood Center 1,005 27 Essex Hollywood 200 167 939 Broadway 151 294 7500 Sunset 213 28 1840 North Highland Avenue 118 168 949 Hope Street 236 295 5945 West Pico Blvd 123 30 Hollywood Cherokee 224 169 Alexan 305 28 288 296 6055 Pico Blvd 125 32 411 Normandie 224 170 Arris 312 297 8000 West 3rd Street 50 33 3980 Wilshire 228 290 151 293 215 171 Eighth & Figeuroa 438 218 30 25 134 298 8555 Santa Monica Boulevard 97 34 525 North Wilton Place 88 172 Emerald 154 51 8 22 209 299 Melrose Triangle 76 36 Lotus 77 77 216 135 217 173 Figueroa Centre 200 247 136 100 300 San Vicente 53 38 Alexan South Echo 200 174 Flower Market Redevelopment 323 292 101 6 130 98 39 700 Manhattan 162 175 Lane Building, The 109 137 294 47 291 286 27 Total Prospective 34,733 41 Mariposa 121 211 208 129 176 Medallion 2.0 500 24 214 45 Aven 536 177 Olympia 1,367 46 132 289 190 LEGEND 99 281 46 Rise Hollywood, The 369 178 Olympic Tower 374 139 282 Lease-Up 47 Sunset Rise 60 179 Onyx Phase II 248 284 49 1400 Fig 110 180 SB Omega 452 219 287 26 285 Under Construction 50 4th & Spring 188 181 South Flower Street Mixed-Use 177 298 131 51 Modera Hollywood 248 182 Stationer's Building 360 59 Planned 52 825 South Hill 516 183 Times Mirror Square 1,127 57 53 South Serrano Avenue 104 184 1201 North Broadway 118 Prospective 55 Park Fifth 660 185 BrickWorks 100 56 AMP Lofts 320 186 Elysian Park Lofts, The 920 77 212 133 210 57 1750 Glendale Blvd 77 187 LA Chinatown Lofts 318 299 34 58 329 South Rampart Blvd 53 188 Promenade North 100 59 904 La Brea 169 189 Spring Street 294 143 213 60 Apex II 341 190 Stadium Way 158 141 222 263 62 LA Plaza Cultura Village 355 191 804 South Garland 118 274 185 64 Leeward Plaza 80 192 136 South Beaudry 220 65 3345 202 193 Sapphire 369 140 66 614-616 South Kenmore 57 194 1000 Vermont 228 103 297 283 67 Rhys, The 64 195 1045 Dewey Avenue 67 221 68 Berendo Street 98 196 2900 Wilshire 644 300 41 38 184 71 Mill Street Lofts 57 197 3440 Wilshire Blvd 641 88 121 72 3350 Wilshire 216 198 707 South Berendo Street 50 279 32 67 186 73 Manhee Manor 70 202 275 58 261 199 Catalina Street 61 102 205 66 123 262 77 nVe Fairfax 63 200 Catalina, The 269 223 278 206 124 87 187 16 138 97 197 204 276203 Total Under Construction 8,527 201 KTown Gateway 166 220 4 277 19 65 120 80 603 South Broadway 50 10 33 95 72 196 90 266 92 202 550 South Vermont 172 94 199 89 81 754 Hope Street 409 203 Westmoreland Avenue 77 39 5 93 198 125 201 82 7th & Maple 452 204 3255 Wilshire Blvd 240 270 64 265 192 189 142 68 62 83 920 South Hill Street 239 205 500 South Oxford Avenue 89 96 128 126 200 122 267 84 Foreman & Clark Building 124 206 645 South Ardmore Avenue 268 273 127 188 85 Main Tower 196 207 Village East and West, The 114 271 193 117 86 Vara 161 208 1375 St. Andrews 185 296 280 264 268 161 295 207 53 73 194 272 183 87 College Station 770 209 4850 Hollywood Blvd 96 91 255 116 164 88 1614 West Temple 55 210 4658 Melrose Avenue 66 195 191 36 269 50 250 89 2500 Wilshire Boulevard 248 211 6200 Sunset 270 171 55 85 90 261 Burlington Avenue 130 212 Hollywood Arts Collective 72 173 81 176 91 Bixel Tower Residences 422 213 2217 Sunset Blvd 62 177 60 84 80 182 92 Ferrante 1,500 214 Myra Avenue 100 9 17 3 178 52 7 180 258 160 93 3540 Wilshire 206 215 6100 Hollywood Blvd 220 168 166 94 3700 West Wilshire Blvd 506 216 Hollywood & Wilcox 260 14 82 251 155 154 83 169 10 95 678 South Ardmore Avenue 123 217 Hollywood and Gower 176 20 174 248 259 96 IB Plaza Redevelopment 230 218 Horizon Hollywood 410 179 170156 45 15 167 175 97 635 South Western Avenue 132 219 7616 Santa Monica Blvd 71 49 119 254 163 98 5420 Sunset Mixed-Use 735 220 Museum Square Tower 285 181 158 13 86 157 165 162 99 Citrus & Highland 72 221 Town and Country Center 381 114 153 256 71 252 172 118 56 100 Hollyhill 202 222 Fairfax Theatre 71 159 115 253 101 6007 Sunset Boulevard 63 223 NMS La Jolla 90 257 102 Residences at Wilshire Curson, The 285 247 6753 Selma Avenue 51 260 103 411 South Hamel Road 88 248 1100 East 5th Street 218 249 114 1600 South Figueroa Street 134 249 2110 Bay 110 115 AVA Arts District 475 250 234 Center Street 430 116 Beacon Tower 428 251 4th & Hewitt 93 117 Grand, The 323 252 670 Mesquit 308 118 Hill Street 235 253 676 Mateo Street 185 119 Main Street Park 379 254 6th at Central 236 120 211 Alpine Street 153 255 Angels Landing 425 121 Sunset and Everett 204 256 Camden Arts District 344 122 2405 West 8th Street 144 257 Decatur and Seventh 122 123 1800 Beverly Blvd 243 258 Little Tokyo Galleria 994 124 Temple Street 53 259 Mateo, The 600 125 3240 Wilshire Boulevard 545 260 Violet Street Mixed-Use Building 509 126 8th Street and Harvard Blvd 131 261 1111 Sunset Blvd 778 127 900 South Vermont Avenue 193 262 Harmony 178 128 Rise Koreatown, The 364 263 Lincoln Heights Jail 50 129 Deluxe Hollywood 203 264 1001 South Park View Street 108 130 SunWest 293 265 668 South Coronado Street 122 131 Swansea Village 54 Bob Baker Marionette Theater 132 Hollywood Tower 429 266 Redevelopment 103 133 Melrose 52 267 Lake on Wilshire 479 134 2486 North Glendale Blvd 50 268 Lifan Tower 306 135 Modera Argyle 276 269 1120 South Serrano Ave 52 136 Palladium Residences 731 270 737 South Oxford Avenue 92 137 8150 Sunset 229 271 950 South Berendo Street 75 2 mi Source: Yardi Matrix

a Berkshire Hathaway and Jefferies Financial Group company Metro LA New Construction & Proposed Multifamily Projects 3Q18

ID PROPERTY UNITS 314 Ocean Avenue 105 1 Modera West LA 376 315 Ocean Avenue 79 2 Cobalt 135 316 Plaza at Santa Monica, The 96 11 Colby at Ohio 56 317 1015 Venice Blvd 56 12 Roy, The 92 318 Paseo Marina 658 18 AMLI Marina Del Rey 585 319 10375 Washington 108 Total Lease-Up 1,244 320 10801 Venice Boulevard 63 21 Cumulus Transit 1,218 321 3443 South Sepulveda Blvd 409 225 104 23 San Pedro Waterfront 375 322 3664 Overland Avenue 187 307 146 144 29 Ivy Station 200 323 9900 Venice Blvd 52 308 31 G8 230 324 Cardiff Avenue 74 147 11 35 Casden West 595 325 Amalfi 57 69 79 Crenshaw Blvd & West 42 37 3550 Overland Avenue 60 326 492 310 74 309 78 301 40 Junction Santa Monica 66 Exposition Blvd 327 Rise on Adams 116 224 35 108 42 11752 Santa Monica Blvd 154 228 44 48 305 328 West Adams Boulevard 99 327 328 43 Lincoln Collection 282 227 306 324 234 332 329 1314 West Jefferson Blvd 129 316 303 29 21 329 44 Millennium East Village, The 356 312 302 37 12 326 330 3800 South Figueroa Street 79 43 304 323 333 109 48 Amoroso on Pico 100 145 105 331 4252 Crenshaw Blvd 111 40 321 322 2 152 236 54 Pennylane 97 315 226 330 332 806 West Adams Blvd 99 106 61 D1 68 229 232 107 148 333 Bethune Center 114 311 233 63 Neptune Marina Redevelopment 526 230 320 334 Westchester 86 319 325 331 69 Picasso Brentwood 81 313 Harbor View House 70 7403 140 335 100 314 Redevelopment 317 54 74 Westgate Santa Monica 147 Total Prospective 9,142 31 235 75 Eastway, The 136 61 237 76 NMS Apartments@Westches- 187 318 ter Phase II LEGEND 231 150 78 Sawtelle Blvd 88 18 149 63 79 Santa Monica Boulevard 51 Lease-Up 238 1 70 Total Under Construction 5,157 Under Construction 104 1950 Avenue of the Stars 483 241 105 1560 Lincoln Blvd 100 Planned 240 334 106 500 Broadway 249 Prospective 75 76 Baldwin Hills Crenshaw Plaza 239 107 Redevelopment 410 108 2231 Western Avenue 60 110 109 Fig 31 72 City of Champions 110 Revitalization Project 3,000 111 Magnitude LAX 600 112 Revel South Beach 185 113 Picerne Lomita 220 111 242 144 Santa Monica Boulevard 96 145 1415 5th Street 64 146 Landmark 376 147 Santa Monica & Barrington 53 148 Fig, The 408 149 5000 South Beethoven Street 134 150 6711 Sepulveda 180 Total Planned 6,690 152 3812 Dunn Drive 63 224 11674 Santa Monica Blvd 166 225 11700 Sunset Blvd 50 244 226 1637 Lincoln Blvd 143 227 2822 Santa Monica Blvd 50 228 2901 Santa Monica Blvd 60 229 501 Broadway 65 230 601 Colorado 73 231 Stella Phase II 65 232 10150 West Venice Blvd 80 233 10412 Venice Blvd 79 234 Wesley, The 234 112 235 5215 & 5260 South Figueroa 50 236 District Square 573 Fox Hills Plaza 237 Redevelopment 725 243 238 6733 Sepulveda 176 239 Legado Del Mar 72 240 Legado Pacifico 63 113 241 Market Street 241 242 Crenshaw Boulevard 230 246 243 Legado Redondo 115 244 South Bay Galleria 300 San Pedro Courthouse 245 Redevelopment 250 246 Butcher - Solana 248 301 11001 Pico Blvd 89 302 11701 West Gateway Blvd 73 303 12001 Pico Blvd 80 304 12300 West Pico Blvd 65 305 Gateway Blvd 129 306 Martin Expo Town Center 516 307 10306 Santa Monica Blvd 116 308 11261 Santa Monica Blvd 119 245 23 309 11628 Santa Monica Blvd 99 310 12431 Rochester Avenue 50 335 311 1650 Lincoln Blvd 98 312 1723 Cloverfield Blvd 63 313 234 Pico Blvd 105 2 mi Source: Yardi Matrix

a Berkshire Hathaway and Jefferies Financial Group company Metro LA New Construction and Proposed Multifamily Projects FORECASTED ID PROPERTY NAME ADDRESS CITY STATE ZIP STATUS UNITS SUBMARKET PERMIT DATE COMPLETION DATE START OF RENT-UP 1 Modera West LA 5901 Center Drive CA 90045 Lease-Up 376 El Segundo - Playa del Rey 11/01/2016 02/28/2019 02/01/2018 2 Cobalt 10601 Washington Blvd Culver City CA 90232 Lease-Up 135 Culver City 02/01/2016 01/31/2019 09/01/2018 3 Aliso 950 East 3rd Street Los Angeles CA 90012 Lease-Up 472 03/10/2016 12/31/2018 10/01/2018 4 Mansfield, The 5100 Wilshire Blvd Los Angeles CA 90036 Lease-Up 138 Park La Brea South 09/01/2015 12/31/2018 09/01/2018 5 Pearl on Wilshire, The 687 South Hobart Avenue Los Angeles CA 90005 Lease-Up 346 Koreatown 01/01/2016 12/31/2018 06/01/2018 6 Sunset and Gordon 5929 Sunset Blvd Los Angeles CA 90028 Lease-Up 299 Hollywood Hills East 04/01/2012 12/31/2018 10/01/2014 7 Griffin on Spring, The 755 South Spring Street Los Angeles CA 90014 Lease-Up 275 Downtown Los Angeles 01/10/2016 11/30/2018 08/01/2018 8 El Centro 6200 Hollywood Blvd Los Angeles CA 90028 Lease-Up 507 Hollywood Hills East 06/01/2016 11/30/2018 08/01/2018 9 888 at Grand Hope Park 888 South Hope Street Los Angeles CA 90017 Lease-Up 525 Downtown Los Angeles 06/01/2016 10/31/2018 09/01/2018 10 Grace on Spring, The 732 South Spring Street Los Angeles CA 90014 Lease-Up 300 Downtown Los Angeles 05/20/2016 10/31/2018 08/01/2018 11 Colby at Ohio 1515 Colby Avenue Los Angeles CA 90025 Lease-Up 56 Santa Monica - Brentwood 01/01/2018 10/31/2018 08/01/2018 12 Roy, The 3644 Overland Avenue Los Angeles CA 90034 Lease-Up 92 Culver City 02/01/2017 10/31/2018 07/01/2018 13 Onyx 424 West Pico Blvd Los Angeles CA 90015 Lease-Up 162 Downtown Los Angeles 04/01/2015 10/31/2018 06/04/2018 14 Circa 1200 South Figueroa Street Los Angeles CA 90015 Lease-Up 648 Downtown Los Angeles 07/22/2015 10/31/2018 06/01/2018 15 Axis on Eleventh 1100 South Hill Street Los Angeles CA 90015 Lease-Up 177 Downtown Los Angeles 07/06/2015 10/31/2018 05/17/2018 16 Vision on Wilshire 6245 Wilshire Blvd Los Angeles CA 90048 Lease-Up 150 West Hollywood 09/20/2016 10/31/2018 05/01/2018 17 Topaz 550 South Main Street Los Angeles CA 90013 Lease-Up 159 Downtown Los Angeles 10/01/2014 10/31/2018 02/01/2018 18 AMLI Marina Del Rey 4242 Via Marina Marina Del Rey CA 90292 Lease-Up 585 Marina Del Rey 02/01/2015 10/31/2018 01/01/2018 19 Luna on Wilshire 3640 Wilshire Blvd Los Angeles CA 90010 Lease-Up 209 Koreatown 05/01/2015 10/31/2018 11/01/2017 TOTAL LEASE-UP 5,611 20 1212 South Flower 1224 South Flower Street Los Angeles CA 90015 Under Construction 730 Downtown Los Angeles 05/01/2017 12/31/2020 21 Cumulus Transit 3321 La Cienega Blvd Los Angeles CA 90016 Under Construction 1,218 Hyde Park 07/06/2018 12/31/2020 22 5750 Hollywood 5750 Hollywood Blvd Los Angeles CA 90028 Under Construction 161 Silverlake 05/19/2017 07/31/2020 23 San Pedro Waterfront 550 South Palos Verdes Street San Pedro CA 90731 Under Construction 375 San Pedro 06/01/2018 06/30/2020 24 Academy, The 1341 Vine Street Los Angeles CA 90028 Under Construction 200 East Hollywood 06/22/2018 01/31/2020 25 Lombardi, The 1717 North Bronson Avenue Los Angeles CA 90028 Under Construction 86 Hollywood Hills East 01/01/2018 01/01/2020 26 AVA Hollywood 6677 Santa Monica Blvd Los Angeles CA 90038 Under Construction 695 East Hollywood 02/01/2017 12/31/2019 27 Essex Hollywood 6240 Sunset Blvd Los Angeles CA 90028 Under Construction 200 East Hollywood 10/30/2017 12/31/2019 28 1840 North Highland Avenue 1840 North Highland Avenue Los Angeles CA 90028 Under Construction 118 Hollywood Hills East 06/01/2018 12/31/2019 29 Ivy Station National Blvd & Venice Blvd Culver City CA 90232 Under Construction 200 Culver City 03/31/2018 12/31/2019 30 Hollywood Cherokee 1718 North Las Palmas Avenue Los Angeles CA 90028 Under Construction 224 Hollywood Hills East 06/05/2018 12/31/2019 31 G8 13448 Beach Avenue Marina Del Rey CA 90292 Under Construction 230 Mar Vista 10/05/2017 12/31/2019 32 411 Normandie 411 Normandie Avenue Los Angeles CA 90020 Under Construction 224 Mid Wilshire West 03/01/2018 11/30/2019 33 3980 Wilshire 3974 Wilshire Blvd Los Angeles CA 90010 Under Construction 228 Park La Brea North 03/01/2018 11/30/2019 34 525 North Wilton Place 525 North Wilton Place Los Angeles CA 90004 Under Construction 88 East Hollywood 07/15/2018 09/30/2019 35 Casden West 11122 Pico Blvd Los Angeles CA 90064 Under Construction 595 Westwood 09/01/2017 09/30/2019 36 Lotus 77 118 Astronaut Ellison S. Onizuka Street Los Angeles CA 90012 Under Construction 77 Downtown Los Angeles 06/01/2018 08/31/2019 37 3550 Overland Avenue 3550 Overland Avenue Los Angeles CA 90034 Under Construction 60 Culver City 02/05/2018 08/31/2019 38 Alexan South Echo 1910 West Temple Street Los Angeles CA 90026 Under Construction 200 Westlake North 10/28/2016 07/31/2019 39 700 Manhattan 700 South Manhattan Place Los Angeles CA 90005 Under Construction 162 Park La Brea North 03/06/2017 07/31/2019 40 Junction Santa Monica 1641 Lincoln Blvd Santa Monica CA 90404 Under Construction 66 Santa Monica - Brentwood 08/01/2018 06/30/2019 41 Mariposa 259 South Mariposa Avenue Los Angeles CA 90004 Under Construction 121 Mid Wilshire West 07/31/2017 06/30/2019 42 11752 Santa Monica Blvd 11752 Santa Monica Blvd Los Angeles CA 90025 Under Construction 154 Santa Monica - Brentwood 03/01/2018 06/30/2019 43 Lincoln Collection 1601 Lincoln Blvd Santa Monica CA 90404 Under Construction 282 Santa Monica - Brentwood 08/01/2018 06/30/2019 44 Millennium East Village, The 2930 Colorado Avenue Santa Monica CA 90404 Under Construction 356 Santa Monica - Brentwood 10/01/2016 06/30/2019 45 Aven 1120 South Grand Avenue Los Angeles CA 90015 Under Construction 536 Downtown Los Angeles 08/31/2016 05/31/2019 46 Rise Hollywood, The 1311 North Cahuenga Blvd Los Angeles CA 90028 Under Construction 369 East Hollywood 05/14/2018 05/31/2019 47 Sunset Rise 7120 Sunset Blvd Los Angeles CA 90046 Under Construction 60 Hollywood Hills West 05/01/2018 05/31/2019 48 Amoroso on Pico 11916 Pico Blvd Los Angeles CA 90064 Under Construction 100 Westwood 03/01/2017 05/31/2019 49 1400 Fig 1400 South Figueroa Street Los Angeles CA 90015 Under Construction 110 Downtown Los Angeles 03/15/2016 04/30/2019 50 4th & Spring 125 West 4th Street Los Angeles CA 90013 Under Construction 188 Downtown Los Angeles 02/01/2016 04/30/2019 51 Modera Hollywood 6775 Selma Avenue Los Angeles CA 90028 Under Construction 248 Hollywood Hills East 03/30/2017 04/30/2019 52 825 South Hill 825 South Hill Street Los Angeles CA 90014 Under Construction 516 Downtown Los Angeles 02/15/2016 03/31/2019 53 South Serrano Avenue 1011 South Serrano Avenue Los Angeles CA 90006 Under Construction 104 Koreatown 07/03/2017 03/31/2019 54 Pennylane 11924 Washington Blvd Los Angeles CA 90066 Under Construction 97 Mar Vista 01/26/2018 03/31/2019 55 Park Fifth 437 South Hill Street Los Angeles CA 90013 Under Construction 660 Downtown Los Angeles 03/01/2017 02/28/2019 56 AMP Lofts 695 South Santa Fe Avenue Los Angeles CA 90021 Under Construction 320 Downtown Los Angeles 05/18/2017 02/28/2019 57 1750 Glendale Blvd 1750 Glendale Blvd Los Angeles CA 90026 Under Construction 77 Chinatown 06/28/2018 02/28/2019 58 329 South Rampart Blvd 329 South Rampart Blvd Los Angeles CA 90057 Under Construction 53 Westlake North 06/01/2018 02/28/2019 59 904 La Brea 904 North La Brea Avenue West Hollywood CA 90038 Under Construction 169 East Hollywood 03/01/2017 01/31/2019 60 Apex II 712 West 9th Street Los Angeles CA 90015 Under Construction 341 Downtown Los Angeles 07/11/2016 12/31/2018 61 D1 4210 Del Rey Avenue Marina Del Rey CA 90292 Under Construction 68 Mar Vista 10/10/2016 12/31/2018 62 LA Plaza Cultura Village North Broadway & West Cesar Estrada Chavez Avenue Los Angeles CA 90012 Under Construction 355 Chinatown 08/04/2016 12/31/2018 63 Neptune Marina Redevelopment 14126 Marquesas Way Marina Del Rey CA 90292 Under Construction 526 Marina Del Rey 08/01/2016 12/31/2018 64 Leeward Plaza 2925 Leeward Avenue Los Angeles CA 90005 Under Construction 80 Koreatown 08/01/2016 11/30/2018 65 3345 Wilshire Boulevard 3345 Wilshire Blvd Los Angeles CA 90005 Under Construction 202 Mid Wilshire West 06/01/2016 11/30/2018 66 614-616 South Kenmore 614 South Kenmore Avenue Los Angeles CA 90005 Under Construction 57 Mid Wilshire West 08/01/2016 11/30/2018 67 Rhys, The 453 South Kenmore Avenue Los Angeles CA 90020 Under Construction 64 Mid Wilshire West 07/01/2016 11/30/2018 68 Berendo Street 3100 West 8th Street Los Angeles CA 90005 Under Construction 98 Koreatown 11/29/2017 11/30/2018 69 Picasso Brentwood 12035 Wilshire Blvd Los Angeles CA 90025 Under Construction 81 Santa Monica - Brentwood 02/01/2017 11/30/2018 70 7403 7403 La Tijera Blvd Los Angeles CA 90045 Under Construction 140 El Segundo - Playa del Rey 12/01/2016 11/30/2018 71 Mill Street Lofts 1745 East 7th Street Los Angeles CA 90021 Under Construction 57 Downtown Los Angeles 04/30/2017 10/31/2018 72 3350 Wilshire 3350 Wilshire Blvd Los Angeles CA 90010 Under Construction 216 Koreatown 01/01/2016 10/31/2018 73 Manhee Manor 1019 South Catalina Street Los Angeles CA 90006 Under Construction 70 Koreatown 01/01/2017 10/31/2018 74 Westgate Santa Monica 11800 Santa Monica Blvd Los Angeles CA 90025 Under Construction 147 Santa Monica - Brentwood 12/01/2016 10/31/2018 75 Eastway, The 8740 La Tijera Blvd Los Angeles CA 90045 Under Construction 136 El Segundo - Playa del Rey 01/18/2017 10/31/2018 76 NMS Apartments@Westchester Phase II 8730 Belford Avenue Los Angeles CA 90045 Under Construction 187 El Segundo - Playa del Rey 09/29/2017 10/31/2018 77 nVe Fairfax 639 North Fairfax Avenue Los Angeles CA 90036 Under Construction 63 West Hollywood 03/01/2017 10/31/2018 78 Sawtelle Blvd 1947 Sawtelle Blvd Los Angeles CA 90025 Under Construction 88 Westwood 12/20/2017 10/31/2018 79 Santa Monica Boulevard 11407 Santa Monica Blvd Los Angeles CA 90025 Under Construction 51 Santa Monica - Brentwood 06/01/2017 10/31/2018 TOTAL UNDER CONSTRUCTION 13,684

Source: Yardi Matrix Metro LA New Construction and Proposed Multifamily Projects FORECASTED ID PROPERTY NAME ADDRESS CITY STATE ZIP STATUS UNITS SUBMARKET PERMIT DATE COMPLETION DATE START OF RENT-UP 80 603 South Broadway 603 South Broadway Los Angeles CA 90014 Planned 50 Downtown Los Angeles 81 754 Hope Street 754 South Hope Street Los Angeles CA 90017 Planned 409 Downtown Los Angeles 82 7th & Maple 222 East 7th Street Los Angeles CA 90014 Planned 452 Downtown Los Angeles 83 920 South Hill Street 920 South Hill Street Los Angeles CA 90015 Planned 239 Downtown Los Angeles 84 Foreman & Clark Building 701 South Hill Street Los Angeles CA 90014 Planned 124 Downtown Los Angeles 85 Main Tower 433 South Main Street Los Angeles CA 90013 Planned 196 Downtown Los Angeles 86 Vara 1233 South Grand Avenue Los Angeles CA 90015 Planned 161 Downtown Los Angeles 87 College Station 129 West College Street Los Angeles CA 90012 Planned 770 Chinatown 88 1614 West Temple 1614 West Temple Street Los Angeles CA 90026 Planned 55 Westlake North 89 2500 Wilshire Boulevard 2500 Wilshire Blvd Los Angeles CA 90057 Planned 248 Westlake North 90 261 Burlington Avenue 261 South Burlington Avenue Los Angeles CA 90057 Planned 130 Westlake North 91 Bixel Tower Residences 675 South Bixel Street Los Angeles CA 90017 Planned 422 Westlake North 92 Ferrante 1000 West Temple Street Los Angeles CA 90012 Planned 1,500 Westlake North 93 3540 Wilshire 3540 Wilshire Blvd Los Angeles CA 90010 Planned 206 Koreatown 94 3700 West Wilshire Blvd 3700 Wilshire Blvd Los Angeles CA 90010 Planned 506 Koreatown 95 678 South Ardmore Avenue 678 South Ardmore Avenue Los Angeles CA 90005 Planned 123 Koreatown 96 IB Plaza Redevelopment 800 South Western Avenue Los Angeles CA 90005 Planned 230 Koreatown 97 635 South Western Avenue 635 South Western Avenue Los Angeles CA 90005 Planned 132 Park La Brea South 98 5420 Sunset Mixed-Use 5420 Sunset Blvd Los Angeles CA 90027 Planned 735 Silverlake 99 Citrus & Highland 1242 North Citrus Avenue Los Angeles CA 90038 Planned 72 East Hollywood 100 Hollyhill 4531 Hollywood Blvd Los Angeles CA 90027 Planned 202 Los Feliz - 101 6007 Sunset Boulevard 6007 Sunset Blvd Los Angeles CA 90028 Planned 63 Hollywood Hills East 102 Residences at Wilshire Curson, The 640 South Curson Avenue Los Angeles CA 90036 Planned 285 Central Hollywood 103 411 South Hamel Road 411 South Hamel Road Los Angeles CA 90048 Planned 88 West Hollywood 104 1950 Avenue of the Stars 1950 Avenue of the Stars Los Angeles CA 90067 Planned 483 Century City 105 1560 Lincoln Blvd 1560 Lincoln Blvd Santa Monica CA 90401 Planned 100 Santa Monica - Brentwood 106 500 Broadway 500 Broadway Santa Monica CA 90401 Planned 249 Santa Monica - Brentwood 107 Baldwin Hills Crenshaw Plaza Redevelopment 3650 West Martin Luther King Jr. Blvd Los Angeles CA 90008 Planned 410 Hyde Park 108 2231 Western Avenue 2231 South Western Avenue Los Angeles CA 90018 Planned 60 Adams-Normandie - Hoover 109 Fig 31 West 31st Street & South Figueroa Street Los Angeles CA 90007 Planned 72 Adams-Normandie - Hoover 110 City of Champions Revitalization Project NEC West Century Blvd & South Prairie Avenue Inglewood CA 90304 Planned 3,000 Inglewood 111 Magnitude LAX 12124 Hawthorne Blvd Hawthorne CA 90250 Planned 600 Hawthorne 112 Revel South Beach West Carson Street & Hawthorne Blvd Torrance CA 90503 Planned 185 West Torrance 113 Picerne Lomita 24000 Crenshaw Blvd Torrance CA 90505 Planned 220 San Pedro 114 1600 South Figueroa Street 1600 South Figueroa Street Los Angeles CA 90015 Planned 134 Downtown Los Angeles 115 AVA Arts District 668 South Alameda Street Los Angeles CA 90021 Planned 475 Downtown Los Angeles 116 Beacon Tower 340 South Hill Street Los Angeles CA 90013 Planned 428 Downtown Los Angeles 117 Grand, The 100 South Grand Avenue Los Angeles CA 90012 Planned 323 Downtown Los Angeles 118 Hill Street 1340 South Hill Street Los Angeles CA 90015 Planned 235 Downtown Los Angeles 119 Main Street Park 1100 South Main Street Los Angeles CA 90015 Planned 379 Downtown Los Angeles 120 211 Alpine Street 211 Alpine Street Los Angeles CA 90012 Planned 153 Chinatown 121 Sunset and Everett 1185 Sunset Blvd Los Angeles CA 90026 Planned 204 Chinatown 122 2405 West 8th Street 2405 West 8th Street Los Angeles CA 90057 Planned 144 Westlake South 123 1800 Beverly Blvd 1800 Beverly Blvd Los Angeles CA 90057 Planned 243 Westlake North 124 Temple Street 1100 West Temple Street Los Angeles CA 90012 Planned 53 Westlake North 125 3240 Wilshire Boulevard 698 South New Hampshire Avenue Los Angeles CA 90005 Planned 545 Koreatown 126 8th Street and Harvard Blvd 826 South Harvard Blvd Los Angeles CA 90005 Planned 131 Koreatown 127 900 South Vermont Avenue 900 South Vermont Avenue Los Angeles CA 90006 Planned 193 Koreatown 128 Rise Koreatown, The 3525 West 8th Street Los Angeles CA 90005 Planned 364 Koreatown 129 Deluxe Hollywood 1350 North Western Avenue Los Angeles CA 90028 Planned 203 Silverlake 130 SunWest 5509 Sunset Blvd Los Angeles CA 90028 Planned 293 Silverlake 131 Swansea Village 1000 North Hobart Blvd Los Angeles CA 90029 Planned 54 Silverlake 132 Hollywood Tower 1360 Vine Street Los Angeles CA 90028 Planned 429 East Hollywood 133 Melrose 5570 Melrose Avenue Los Angeles CA 90038 Planned 52 East Hollywood 134 2486 North Glendale Blvd 2486 Glendale Blvd Los Angeles CA 90039 Planned 50 Los Feliz - Griffith Park 135 Modera Argyle 1546 Argyle Avenue Los Angeles CA 90028 Planned 276 Hollywood Hills East 136 Palladium Residences 6215 Sunset Blvd Los Angeles CA 90028 Planned 731 Hollywood Hills East 137 8150 Sunset 8150 Sunset Blvd Los Angeles CA 90046 Planned 229 Hollywood Hills West 138 639 South La Brea Avenue 639 South La Brea Avenue Los Angeles CA 90036 Planned 160 Central Hollywood 139 Fairfax WeHo 1250 North Fairfax Avenue West Hollywood CA 90046 Planned 53 Central Hollywood 140 333 La Cienega 333 La Cienega Blvd Los Angeles CA 90048 Planned 145 West Hollywood 141 8899 Beverly 8899 Beverly Blvd West Hollywood CA 90048 Planned 76 West Hollywood 142 La Cienega 1056 La Cienega Blvd Los Angeles CA 90035 Planned 90 West Hollywood 143 Solstice 431 North La Cienega Blvd Los Angeles CA 90048 Planned 72 West Hollywood 144 Santa Monica Boulevard 10400 Santa Monica Blvd Los Angeles CA 90025 Planned 96 Century City 145 1415 5th Street 1415 5th Street Santa Monica CA 90401 Planned 64 Santa Monica - Brentwood 146 Landmark 11750 Wilshire Blvd Los Angeles CA 90025 Planned 376 Santa Monica - Brentwood 147 Santa Monica & Barrington 11701 Santa Monica Blvd Los Angeles CA 90025 Planned 53 Santa Monica - Brentwood 148 Fig, The 3900 South Figueroa Street Los Angeles CA 90037 Planned 408 Adams-Normandie - Hoover 149 5000 South Beethoven Street 5000 Beethoven Street Los Angeles CA 90066 Planned 134 El Segundo - Playa del Rey 150 6711 Sepulveda 6711 South Sepulveda Blvd Los Angeles CA 90045 Planned 180 El Segundo - Playa del Rey TOTAL PLANNED 21,005 151 1723 Wilcox Avenue 1723 Wilcox Avenue Los Angeles CA 90028 Prospective 68 152 3812 Dunn Drive 3812 Dunn Drive Culver City CA 90232 Prospective 63 153 1000 Hill 1000 South Hill Street Los Angeles CA 90015 Prospective 700 Downtown Los Angeles 154 1045 Olive Street 1045 South Olive Street Los Angeles CA 90015 Prospective 794 Downtown Los Angeles 155 1115 South Olive Street 1115 South Olive Street Los Angeles CA 90015 Prospective 536 Downtown Los Angeles 156 1120 South Olive Street 1120 South Olive Street Los Angeles CA 90015 Prospective 713 Downtown Los Angeles 157 1148 South Broadway 1148 South Broadway Los Angeles CA 90015 Prospective 50 Downtown Los Angeles 158 1349 Grand Avenue 1349 South Grand Avenue Los Angeles CA 90015 Prospective 284 Downtown Los Angeles 159 1600 South Flower Street 1600 South Flower Street Los Angeles CA 90015 Prospective 250 Downtown Los Angeles Source: Yardi Matrix Metro LA New Construction and Proposed Multifamily Projects FORECASTED ID PROPERTY NAME ADDRESS CITY STATE ZIP STATUS UNITS SUBMARKET PERMIT DATE COMPLETION DATE START OF RENT-UP 160 330 Alameda Street 330 Alameda Street Los Angeles CA 90013 Prospective 186 Downtown Los Angeles 161 350 South Figueroa Street 350 South Figueroa Street Los Angeles CA 90071 Prospective 570 Downtown Los Angeles 162 641 Imperial Street 641 Imperial Street Los Angeles CA 90021 Prospective 140 Downtown Los Angeles 163 6AM 6th Street & Alameda Street Los Angeles CA 90021 Prospective 1,305 Downtown Los Angeles 164 740 Jackson Street 740 Jackson Street Los Angeles CA 90012 Prospective 88 Downtown Los Angeles 165 785 Towne Avenue 785 Towne Avenue Los Angeles CA 90021 Prospective 60 Downtown Los Angeles 166 845 Olive 845 South Olive Street Los Angeles CA 90014 Prospective 205 Downtown Los Angeles 167 939 Broadway 939 South Broadway Los Angeles CA 90015 Prospective 151 Downtown Los Angeles 168 949 Hope Street 949 South Hope Street Los Angeles CA 90015 Prospective 236 Downtown Los Angeles 169 Alexan 850 South Hill Street Los Angeles CA 90014 Prospective 305 Downtown Los Angeles 170 Arris 1201 South Grand Avenue Los Angeles CA 90015 Prospective 312 Downtown Los Angeles 171 Eighth & Figeuroa 732 South Figueroa Street Los Angeles CA 90017 Prospective 438 Downtown Los Angeles 172 Emerald 1340 South Olive Street Los Angeles CA 90015 Prospective 154 Downtown Los Angeles 173 Figueroa Centre 913 South Figueroa Street Los Angeles CA 90015 Prospective 200 Downtown Los Angeles 174 Flower Market Redevelopment 755 Wall Street Los Angeles CA 90014 Prospective 323 Downtown Los Angeles 175 Lane Building, The 801 South Spring Street Los Angeles CA 90014 Prospective 109 Downtown Los Angeles 176 Medallion 2.0 306 South Main Street Los Angeles CA 90013 Prospective 500 Downtown Los Angeles 177 Olympia 1001 West Olympic Blvd Los Angeles CA 90015 Prospective 1367 Downtown Los Angeles 178 Olympic Tower 813 West Olympic Blvd Los Angeles CA 90015 Prospective 374 Downtown Los Angeles 179 Onyx Phase II 500 Pico Blvd Los Angeles CA 90015 Prospective 248 Downtown Los Angeles 180 SB Omega 601 South Main Street Los Angeles CA 90014 Prospective 452 Downtown Los Angeles 181 South Flower Street Mixed-Use 1334 South Flower Street Los Angeles CA 90015 Prospective 177 Downtown Los Angeles 182 Stationer's Building 525 South Spring Street Los Angeles CA 90013 Prospective 360 Downtown Los Angeles 183 Times Mirror Square 100 South Broadway Los Angeles CA 90012 Prospective 1,127 Downtown Los Angeles 184 1201 North Broadway 1201 North Broadway Los Angeles CA 90012 Prospective 118 Chinatown 185 BrickWorks 1485 Sunset Blvd Los Angeles CA 90026 Prospective 100 Chinatown 186 Elysian Park Lofts, The 1251 North Spring Street Los Angeles CA 90012 Prospective 920 Chinatown 187 LA Chinatown Lofts 1101 North Main Street Los Angeles CA 90012 Prospective 318 Chinatown 188 Promenade North 495 North Los Angeles Street Los Angeles CA 90012 Prospective 100 Chinatown 189 Spring Street 643 North Spring Street Los Angeles CA 90012 Prospective 294 Chinatown 190 Stadium Way 959 Stadium Way Los Angeles CA 90012 Prospective 158 Chinatown 191 804 South Garland 804 Garland Avenue Los Angeles CA 90017 Prospective 118 Westlake South 192 136 South Beaudry 136 South Beaudry Avenue Los Angeles CA 90012 Prospective 220 Westlake North 193 Sapphire 1111 West 6th Street Los Angeles CA 90017 Prospective 369 Westlake North 194 1000 Vermont 1000 South Vermont Avenue Los Angeles CA 90006 Prospective 228 Koreatown 195 1045 Dewey Avenue 1045 Dewey Avenue Los Angeles CA 90006 Prospective 67 Koreatown 196 2900 Wilshire 2908 Wilshire Blvd Los Angeles CA 90010 Prospective 644 Koreatown 197 3440 Wilshire Blvd 3440 Wilshire Blvd Los Angeles CA 90010 Prospective 641 Koreatown 198 707 South Berendo Street 707 South Berendo Street Los Angeles CA 90005 Prospective 50 Koreatown 199 Catalina Street 689 South Catalina Street Los Angeles CA 90005 Prospective 61 Koreatown 200 Catalina, The 811 South Catalina Street Los Angeles CA 90005 Prospective 269 Koreatown 201 KTown Gateway 2850 West 7th Street Los Angeles CA 90005 Prospective 166 Koreatown 202 550 South Vermont 550 South Vermont Avenue Los Angeles CA 90020 Prospective 172 Mid Wilshire East 203 Westmoreland Avenue 616 South Westmoreland Avenue Los Angeles CA 90005 Prospective 77 Mid Wilshire East 204 3255 Wilshire Blvd 3255 Wilshire Blvd Los Angeles CA 90010 Prospective 240 Mid Wilshire West 205 500 South Oxford Avenue 500 South Oxford Avenue Los Angeles CA 90020 Prospective 89 Mid Wilshire West 206 645 South Ardmore Avenue 645 South Ardmore Avenue Los Angeles CA 90005 Prospective 268 Mid Wilshire West 207 Village East and West, The 3323 West Olympic Blvd Los Angeles CA 90019 Prospective 114 Park La Brea North 208 1375 St. Andrews 1375 St. Andrews Place Los Angeles CA 90028 Prospective 185 Silverlake 209 4850 Hollywood Blvd 4850 Hollywood Blvd Los Angeles CA 90027 Prospective 96 Silverlake 210 4658 Melrose Avenue 4658 Melrose Avenue Los Angeles CA 90029 Prospective 66 East Hollywood 211 6200 Sunset 6200 Sunset Blvd Los Angeles CA 90028 Prospective 270 East Hollywood 212 Hollywood Arts Collective 637 Wilcox Avenue Los Angeles CA 90004 Prospective 72 East Hollywood 213 2217 Sunset Blvd 2217 Sunset Blvd Los Angeles CA 90026 Prospective 62 Los Feliz - Griffith Park 214 Myra Avenue 1201 Myra Avenue Los Angeles CA 90029 Prospective 100 Los Feliz - Griffith Park 215 6100 Hollywood Blvd 6100 Hollywood Blvd Los Angeles CA 90028 Prospective 220 Hollywood Hills East 216 Hollywood & Wilcox 6436 Hollywood Blvd Los Angeles CA 90028 Prospective 260 Hollywood Hills East 217 Hollywood and Gower 6104 Hollywood Blvd Los Angeles CA 90028 Prospective 176 Hollywood Hills East 218 Horizon Hollywood 7107 Hollywood Blvd Los Angeles CA 90046 Prospective 410 Hollywood Hills West 219 7616 Santa Monica Blvd 7616 Santa Monica Blvd West Hollywood CA 90046 Prospective 71 Central Hollywood 220 Museum Square Tower 5757 Wilshire Blvd Los Angeles CA 90036 Prospective 285 Central Hollywood 221 Town and Country Center 6300 West 3rd Street Los Angeles CA 90036 Prospective 381 Central Hollywood 222 Fairfax Theatre 7901 Beverly Blvd Los Angeles CA 90048 Prospective 71 West Hollywood 223 NMS La Jolla 6401 Wilshire Blvd Los Angeles CA 90048 Prospective 90 West Hollywood 224 11674 Santa Monica Blvd 11674 Santa Monica Blvd Los Angeles CA 90025 Prospective 166 Santa Monica - Brentwood 225 11700 Sunset Blvd 11700 Sunset Blvd Los Angeles CA 90049 Prospective 50 Santa Monica - Brentwood 226 1637 Lincoln Blvd 1637 Lincoln Blvd Santa Monica CA 90404 Prospective 143 Santa Monica - Brentwood 227 2822 Santa Monica Blvd 2822 Santa Monica Blvd Santa Monica CA 90404 Prospective 50 Santa Monica - Brentwood 228 2901 Santa Monica Blvd 2901 Santa Monica Blvd Santa Monica CA 90404 Prospective 60 Santa Monica - Brentwood 229 501 Broadway 501 Broadway Santa Monica CA 90401 Prospective 65 Santa Monica - Brentwood 230 601 Colorado 601 Colorado Avenue Santa Monica CA 90401 Prospective 73 Santa Monica - Brentwood 231 Stella Phase II 13488 Maxella Avenue Marina Del Rey CA 90292 Prospective 65 Mar Vista 232 10150 West Venice Blvd 10150 Venice Blvd Culver City CA 90232 Prospective 80 Culver City 233 10412 Venice Blvd 10412 Venice Blvd Culver City CA 90232 Prospective 79 Culver City 234 Wesley, The 8700 Washington Blvd Culver City CA 90232 Prospective 234 Culver City 235 5215 & 5260 South Figueroa 5260 South Figueroa Street Los Angeles CA 90037 Prospective 50 Adams-Normandie - Hoover 236 District Square 3670 Crenshaw Blvd Los Angeles CA 90016 Prospective 573 Adams-Normandie - Hoover 237 Fox Hills Plaza Redevelopment 6221 Bristol Pkwy Culver City CA 90230 Prospective 725 Ladera Heights

Source: Yardi Matrix Metro LA New Construction and Proposed Multifamily Projects FORECASTED ID PROPERTY NAME ADDRESS CITY STATE ZIP STATUS UNITS SUBMARKET PERMIT DATE COMPLETION DATE START OF RENT-UP 238 6733 Sepulveda 6733 South Sepulveda Blvd Los Angeles CA 90045 Prospective 176 El Segundo - Playa del Rey 239 Legado Del Mar 138 Culver Blvd Playa Del Rey CA 90293 Prospective 72 El Segundo - Playa del Rey 240 Legado Pacifico 200 Culver Blvd Playa Del Rey CA 90293 Prospective 63 El Segundo - Playa del Rey 241 Market Street 205 North Market Street Inglewood CA 90301 Prospective 241 Inglewood 242 Crenshaw Boulevard Crenshaw Blvd & Jack Northrop Avenue Hawthorne CA 90250 Prospective 230 Hawthorne 243 Legado Redondo 1700 South Pacific Coast Hwy Redondo Beach CA 90277 Prospective 115 Beach Cities 244 South Bay Galleria 1815 Hawthorne Blvd Redondo Beach CA 90278 Prospective 300 Beach Cities 245 San Pedro Courthouse Redevelopment 505 South Centre Street San Pedro CA 90731 Prospective 250 San Pedro 246 Butcher - Solana Hawthorne Blvd & Via Valmonte Torrance CA 90505 Prospective 248 Rolling Hills-Palos Verdes 247 6753 Selma Avenue 6753 Selma Avenue Los Angeles CA 90028 Prospective 51 248 1100 East 5th Street 1100 East 5th Street Los Angeles CA 90013 Prospective 218 Downtown Los Angeles 249 2110 Bay 2110 Bay Street Los Angeles CA 90021 Prospective 110 Downtown Los Angeles 250 234 Center Street 234 Center Street Los Angeles CA 90012 Prospective 430 Downtown Los Angeles 251 4th & Hewitt 940 East 4th Street Los Angeles CA 90013 Prospective 93 Downtown Los Angeles 252 670 Mesquit 670 Mesquit Street Los Angeles CA 90021 Prospective 308 Downtown Los Angeles 253 676 Mateo Street 676 Mateo Street Los Angeles CA 90021 Prospective 185 Downtown Los Angeles 254 6th at Central 601 South Central Avenue Los Angeles CA 90021 Prospective 236 Downtown Los Angeles 255 Angels Landing 361 South Hill Street Los Angeles CA 90013 Prospective 425 Downtown Los Angeles 256 Camden Arts District 1525 East Industrial Street Los Angeles CA 90021 Prospective 344 Downtown Los Angeles 257 Decatur and Seventh 1800 East 7th Street Los Angeles CA 90021 Prospective 122 Downtown Los Angeles 258 Little Tokyo Galleria 333 South Alameda Street Los Angeles CA 90013 Prospective 994 Downtown Los Angeles 259 Mateo, The 520 Mateo Street Los Angeles CA 90013 Prospective 600 Downtown Los Angeles 260 Violet Street Mixed-Use Building 2143 Violet Street Los Angeles CA 90021 Prospective 509 Downtown Los Angeles 261 1111 Sunset Blvd 1111 Sunset Blvd Los Angeles CA 90012 Prospective 778 Chinatown 262 Harmony 942 North Broadway Los Angeles CA 90012 Prospective 178 Chinatown 263 Lincoln Heights Jail 421 North Avenue 19 Los Angeles CA 90031 Prospective 50 Chinatown 264 1001 South Park View Street Los Angeles CA 90006 Prospective 108 Westlake South 265 668 South Coronado Street 668 South Coronado Street Los Angeles CA 90057 Prospective 122 Westlake North 266 Bob Baker Marionette Theater Redevelopment 1345 West 1st Street Los Angeles CA 90026 Prospective 103 Westlake North 267 Lake on Wilshire 1930 Wilshire Blvd Los Angeles CA 90057 Prospective 479 Westlake North 268 Lifan Tower 1237 7th Street Los Angeles CA 90017 Prospective 306 Westlake North 269 1120 South Serrano Ave 1120 South Serrano Avenue Los Angeles CA 90006 Prospective 52 Koreatown 270 737 South Oxford Avenue 737 South Oxford Avenue Los Angeles CA 90005 Prospective 92 Koreatown 271 950 South Berendo Street 950 South Berendo Street Los Angeles CA 90006 Prospective 75 Koreatown 272 Arapahoe Street 2515 West Olympic Blvd Los Angeles CA 90006 Prospective 173 Koreatown 273 Mariposa and Fedora 849 Fedora Street Los Angeles CA 90005 Prospective 173 Koreatown 274 Pinnacle 360 235 North Hoover Street Los Angeles CA 90004 Prospective 221 Mid Wilshire East 275 Soul 550 Shatto Place Los Angeles CA 90020 Prospective 256 Mid Wilshire East 276 Vermont Avenue 631 South Vermont Avenue Los Angeles CA 90005 Prospective 250 Mid Wilshire West 277 3869 Wilshire Blvd 3869 Wilshire Blvd Los Angeles CA 90005 Prospective 227 Park La Brea South 278 Manhattan on 6th 4000 West 6th Street Los Angeles CA 90020 Prospective 51 Park La Brea South 279 Western Avenue 401 South Western Avenue Los Angeles CA 90020 Prospective 73 Park La Brea South 280 1180 La Brea 1180 South La Brea Avenue Los Angeles CA 90019 Prospective 67 Park La Brea North 281 1276 North Western 1276 North Western Avenue Los Angeles CA 90028 Prospective 75 Silverlake 282 4100 Sunset 4100 Sunset Blvd Los Angeles CA 90029 Prospective 91 Silverlake 283 Rosenell Terrace 411 Rosenell Terrace Los Angeles CA 90026 Prospective 71 Silverlake 284 Sunset 4000 4000 Sunset Blvd Los Angeles CA 90029 Prospective 84 Silverlake 285 5601 Santa Monica Blvd 5601 Santa Monica Blvd Los Angeles CA 90038 Prospective 375 East Hollywood 286 6400 Sunset Blvd 6400 Sunset Blvd Los Angeles CA 90028 Prospective 232 East Hollywood 287 6901 Santa Monica Blvd 6901 Santa Monica Blvd Los Angeles CA 90038 Prospective 231 East Hollywood 288 1868 North Western Avenue 1868 North Western Avenue Los Angeles CA 90027 Prospective 87 Los Feliz - Griffith Park 289 4311 Sunset 4311 Sunset Blvd Los Angeles CA 90029 Prospective 108 Los Feliz - Griffith Park 290 1749 North Las Palmas 1749 North Las Palmas Avenue Los Angeles CA 90028 Prospective 70 Hollywood Hills East 291 Crossroads Hollywood Las Palmas Avenue & Selma Avenue Los Angeles CA 90028 Prospective 760 Hollywood Hills East 292 Crossroads Hollywood 1540 North Highland Avenue Los Angeles CA 90028 Prospective 950 Hollywood Hills East 293 Hollywood Center 1720 Vine Street Los Angeles CA 90028 Prospective 1,005 Hollywood Hills East 294 7500 Sunset 7500 Sunset Blvd Los Angeles CA 90046 Prospective 213 Hollywood Hills West 295 5945 West Pico Blvd 5945 Pico Blvd Los Angeles CA 90035 Prospective 123 West Hollywood 296 6055 Pico Blvd 6055 Pico Blvd Los Angeles CA 90035 Prospective 125 West Hollywood 297 8000 West 3rd Street 8000 West 3rd Street Los Angeles CA 90048 Prospective 50 West Hollywood 298 8555 Santa Monica Boulevard 8555 Santa Monica Blvd West Hollywood CA 90069 Prospective 97 West Hollywood 299 Melrose Triangle 9021 Melrose Avenue West Hollywood CA 90069 Prospective 76 West Hollywood 300 San Vicente 488 South San Vicente Blvd Los Angeles CA 90048 Prospective 53 West Hollywood 301 11001 Pico Blvd 11001 Pico Blvd Los Angeles CA 90064 Prospective 89 Westwood 302 11701 West Gateway Blvd 11701 Gateway Blvd Los Angeles CA 90064 Prospective 73 Westwood 303 12001 Pico Blvd 12001 Pico Blvd Los Angeles CA 90064 Prospective 80 Westwood 304 12300 West Pico Blvd 12300 West Pico Blvd Los Angeles CA 90064 Prospective 65 Westwood 305 Gateway Blvd 11460 Gateway Blvd Los Angeles CA 90064 Prospective 129 Westwood 306 Martin Expo Town Center 12101 West Olympic Blvd Los Angeles CA 90064 Prospective 516 Westwood 307 10306 Santa Monica Blvd 10306 Santa Monica Blvd Los Angeles CA 90025 Prospective 116 Century City 308 11261 Santa Monica Blvd 11261 Santa Monica Blvd Los Angeles CA 90025 Prospective 119 Santa Monica - Brentwood 309 11628 Santa Monica Blvd 11628 Santa Monica Blvd Los Angeles CA 90025 Prospective 99 Santa Monica - Brentwood 310 12431 Rochester Avenue 12431 Rochester Avenue Los Angeles CA 90025 Prospective 50 Santa Monica - Brentwood 311 1650 Lincoln Blvd 1650 Lincoln Blvd Santa Monica CA 90404 Prospective 98 Santa Monica - Brentwood 312 1723 Cloverfield Blvd 1723 Cloverfield Blvd Santa Monica CA 90404 Prospective 63 Santa Monica - Brentwood 313 234 Pico Blvd 234 Pico Blvd Santa Monica CA 90405 Prospective 105 Santa Monica - Brentwood 314 Ocean Avenue 1828 Ocean Avenue Santa Monica CA 90401 Prospective 105 Santa Monica - Brentwood 315 Ocean Avenue 1327 Ocean Avenue Santa Monica CA 90401 Prospective 79 Santa Monica - Brentwood

Source: Yardi Matrix Metro LA New Construction and Proposed Multifamily Projects FORECASTED ID PROPERTY NAME ADDRESS CITY STATE ZIP STATUS UNITS SUBMARKET PERMIT DATE COMPLETION DATE START OF RENT-UP 316 Plaza at Santa Monica, The Arizona Avenue & 5th Street Santa Monica CA 90401 Prospective 96 Santa Monica - Brentwood 317 1015 Venice Blvd 1015 Venice Blvd Venice CA 90291 Prospective 56 Venice 318 Paseo Marina 13450 Maxella Avenue Marina Del Rey CA 90292 Prospective 658 Mar Vista 319 10375 Washington 10375 Washington Blvd Culver City CA 90232 Prospective 108 Culver City 320 10801 Venice Boulevard 10801 Venice Blvd Los Angeles CA 90034 Prospective 63 Culver City 321 3443 South Sepulveda Blvd 3443 South Sepulveda Blvd Los Angeles CA 90034 Prospective 409 Culver City 322 3664 Overland Avenue 3664 Overland Avenue Los Angeles CA 90034 Prospective 187 Culver City 323 9900 Venice Blvd 9900 Venice Blvd Los Angeles CA 90232 Prospective 52 Culver City 324 Cardiff Avenue 3739 Cardiff Avenue Los Angeles CA 90034 Prospective 74 Culver City 325 Amalfi 3831 Stocker Street Los Angeles CA 90008 Prospective 57 Hyde Park 326 Crenshaw Blvd & West Exposition Blvd Crenshaw Blvd & West Exposition Blvd Los Angeles CA 90016 Prospective 492 Hyde Park 327 Rise on Adams 5181 West Adams Blvd Los Angeles CA 90016 Prospective 116 Hyde Park 328 West Adams Boulevard 5109 West Adams Blvd Los Angeles CA 90016 Prospective 99 Hyde Park 329 1314 West Jefferson Blvd 1314 West Jefferson Blvd Los Angeles CA 90007 Prospective 129 Adams-Normandie - Hoover 330 3800 South Figueroa Street 3800 South Figueroa Street Los Angeles CA 90037 Prospective 79 Adams-Normandie - Hoover 331 4252 Crenshaw Blvd 4252 Crenshaw Blvd Los Angeles CA 90008 Prospective 111 Adams-Normandie - Hoover 332 806 West Adams Blvd 806 West Adams Blvd Los Angeles CA 90007 Prospective 99 Adams-Normandie - Hoover 333 Bethune Center 3685 South Vermont Avenue Los Angeles CA 90007 Prospective 114 Adams-Normandie - Hoover 334 Westchester 8521 South Sepulveda Blvd Los Angeles CA 90045 Prospective 86 El Segundo - Playa del Rey 335 Harbor View House Redevelopment 921 South Beacon Street San Pedro CA 90731 Prospective 100 San Pedro TOTAL PROSPECTIVE 43,875 TOTAL METRO LA 84,175

© 2018 Berkadia Real Estate Advisors LLC. Berkadia® is a trademark of Berkadia Proprietary Holding LLC. Investment sales and real estate brokerage businesses are conducted exclusively by Berkadia Real Estate Advisors LLC and Berkadia Real Estate Advisors Inc. In , Berkadia Real Estate Advisors Inc. conducts business under CA Real Estate Broker License #01931050; Vincent B. Norris, CA BRE Lic. # 843890. Berkadia Commercial Mortgage LLC conducts business under CA Finance Lender & Broker Lic. #988-0701; and Berkadia Commercial Mortgage Inc. under CA Real Estate Broker Lic. #01874116. For state licensing details visit: http://www.berkadia.com/legal/licensing.aspx Source: Yardi Matrix