Seattle New Construction & Proposed Multifamily Projects 2Q18

ID PROPERTY UNITS 1 Danforth, The 265 2 Hyde Square 618 18 3 Ascent 251 4 461 5 Cerasa 154 19 6 Encore 60 7 Metro 112 Phase II 57 10 8 Merc, The 122 58 9 Etta 75 107 10 205 72 40 54 8 11 Crew 70 12 Luna 71 34 51 13 East Union 144 59 17 14 Elara at the Market 150 76 77 3 15 McKenzie 450 41 83 16 CityLine Phase II 155 84 80 93 42 17 624 Yale 206 102 55 48 20 4 22 98 18 Creekside Phase II 50 50 15 92 74 19 Park 77 182 103 64 Total Lease-Up 3,613 16 49 36 13 11 12 1 20 600 Wall Street 370 88 14 65 21 Bower, The 339 67 87 45 47 78 22 1120 1128 61 86 23 Jackson 532 46 106 24 Marquee on Meeker 288 100 70 75 25 Bear Creek 360 73 26 Stazione:25, The 301 27 Esterra Park Blocks 5, 6A and 9 658 94 28 Modera Redmond 300 90 57 29 Marvelle at Southcenter 166 72 30 Village at Totem Lake 201 23 31 AMLI Spring District 204 44 56 32 4722 Fauntleroy Way SW 250 33 Crossroads Senior Living 185 6 34 800 5th Avenue North 68 35 Brio 258 74 Urban Green Villa 132 21 36 14th & Madison 137 75 Broadstone First Hill 350 37 Luna 108 76 Mariner on Republican 128 30 38 Talisman 286 77 University 117 78 Brooklyn Flats, The 55 63 39 888 108th Avenue NE 158 79 StationHouse 216 40 Lodge Phase III, The 200 80 2nd & John 80 41 Marlowe 181 81 Lux 137 42 2100 East Madison 50 82 Arras 279 43 Bellevue Parkside 136 83 Sitka 384 28 44 18727 Blueberry Lane 112 84 Lane 217 45 Track 66 78 85 6301 15th Avenue NW 63 86 aPODment Suites @ Giardino 62 25 96 46 Roosevelt 114 60 79 47 Vida 201 87 Valdok 177 62 89 88 Lucille on Roosevelt 106 48 Alexan 100 164 38 89 Triangle, The 195 49 Arrive 339 90 Modera Jackson 160 50 Avalon Belltown Towers 275 91 Anthology 398 51 Mercer Blocks, Block 25 West 83 92 Gerrish Hall 55 95 52 Vale 110 93 Orion 129 37 26 53 Avaya 74 74 94 Metro Line Flats 75 54 Boulevard Place 292 95 Alexan Marymoor 227 105 99 91 96 Ravello 102 32 66 52 55 Northgate Eighth 139 16 69 56 Muir 135 97 Redmond 148 244 101 57 Yesler Terrace Block 3 237 98 121 12th Avenue East 51 58 Arabella II 107 99 Sonata East 91 59 Mercer Blocks, Block 31 81 100 Axle 226 101 Upton Flats 104 60 Uptown 185 97 68 102 Cubix North Park 108 61 5512 17th Avenue NW 94 103 Woodland 85 27 29 53 33 62 Alexan Central Park 193 104 Westridge Phase II 50 63 Woodin Creek Village Buildings A, B & D 236 105 Liv Fauntleroy 53 2 64 10 Clay 62 106 Arion 98 65 1001 Minor 209 107 Edition 135 81 35 31 82 66 Foundry, The 118 Total Under Construction 16,758 24 39 67 Valdok II 157 7 104 68 at Esterra Park 323 LEGEND 69 Issaquah Gateway Senior 146 5 Lease-Up 43 70 Robin's Next 61 71 71 B2 165 Under Construction 72 Puget Park 256 Planned 73 Werner, The 59 Prospective 5 mi Source: Yardi Matrix

a Berkshire Hathaway and Jefferies Financial Group company New Construction & Proposed Multifamily Projects 2Q18

ID PROPERTY UNITS 178 427 9th Avenue North 242 108 Marketplace, The 331 179 4th & Bell Tower 287 109 3214 Broadway 140 180 5th & Lenora 463 125 110 Everett Waterfront 266 181 5th & Virginia 431 111 Riverview 201 182 901 Harrison Street 292 112 Allegro at Ash Creek 114 183 9th & John 278 113 Evergreen Village 231 184 Altitude Residences 236 114 Greater Residence 123 185 BB6 936 119 126 115 Westgate Village 85 186 Block V 638 116 Avalon North Creek 316 187 Communita Atelier 98 117 Bothell Way 200 188 Rainier Square Redevelopment 200 124 118 Lifebridge 562 189 Shilla Tower 286 123 119 10540 Greenwood Avenue North 62 190 St. Johns 430 121 122 120 120 320 North 85th Street 210 191 722 East Pike Street 90 128 136 121 8501-8521 15th Avenue NW 114 192 Crosby Capitol Hill 50 122 8612 Palatine Avenue North 141 193 Spring Street & 8th Avenue 550 146 137 147 123 8829 Roosevelt Way NE 72 194 104 12th Avenue 282 139 131 141 145 124 9731 Greenwood Avenue North 54 195 16th & Cherry 50 217 148 125 Artisan, The 172 196 Jackson & 26th 77 127 135 126 Northgate 235 197 Rainier 185 132 127 6416 15th Avenue NW 60 198 SpringHill Suites 123 131 110 128 8311 15th Avenue NW 83 199 Quendall Terminals 692 111 144 218 138 130 143 129 4025 Stone Way North 59 200 Inneswood 93 142 130 4555 Roosevelt Way NE 168 201 4721 38th Avenue SW 51 109 129 140 131 6860 East Green Lake Way North 59 202 Lam Bow Phase II 50 132 7001 Roosevelt Way NE 54 203 1405 South Bayview Street 67 133 7011 Roosevelt Way NE 57 204 2016 23rd Avenue South 100 134 743 North 35th Street 56 205 5201 Rainier Avenue South 107 135 815 NE 66th Street 78 206 6901 Martin Luther King Jr Way South 141 136 8403 Greenwood Avenue North 70 207 Link Mt. Baker 156 137 Green Lake North 133 208 Sonata West 98 138 Grove, The 51 209 Barton Terrace 66 139 Phinney Flats 59 210 Sunset Terrace Redevelopment 112 114 140 Sora - University District 52 211 VIA 405 270 112 141 1300 NE 65th Street 165 212 Vintage at Seatac 170 113 142 4536 20th Avenue NE 64 213 Kent Midway 265 116 143 4700 Brooklyn Avenue NE 229 214 Waterview Crossing Building 3 326 115 144 4710 20th Avenue NE 52 215 Reserve at Kent, The 252 134 157 145 Block 3A 131 216 Mont Vu 126 146 Brooklyn 77 217 Iron Flats 289 117 152 157 147 Centerline 235 218 Residences at U-Village 229 151 148 Luxe II 52 219 2031 Westlake 71 149 Blackbird 165 220 Center Steps 269 150 Esterra Park Block 10 263 221 600 East Howell Street 76 118 151 Woodin Creek Village Buildings C & E 86 222 Capitol Hill TOD Site A 150 152 Interbay 93 223 Capitol Hill TOD Site B South 74 156 219 153 1110 Dexter Avenue North 85 224 1165-1175 Harrison Street 80 149 154 1115 Dexter Avenue North 170 225 Street 1051 159 155 1405 -1415 Dexter Avenue North 167 226 3rd & Virginia 453 155 156 2100 Queen Anne Avenue North 250 227 707 Terry Avenue 488 168 150 154 153 157 318 Nickerson Street 64 228 Yesler Terrace Block 4 200 165 158 400 Roy 65 229 First Central Station 369 166 167 159 Stream Dexios 88 230 Beacon Hill 65 167 158 160 225 Harvard Avenue East 71 231 Cubix Othello 85 204 198 203 108 220 177 178 161 2334 Franklin Avenue East 56 232 1200 Stewart Street 1051 207 172 230 187 162 953 East Union Street 55 233 3rd & Virginia 453 201 200 182 171 224 163 Capitol Hill TOD Site C 94 234 707 Terry Avenue 488 202 208 199 183 164 Modera Broadway North 228 235 Yesler Terrace Block 4 200 205 176 190 160 209 189 181 165 Bellevue Square 250 236 First Central Station 383 206 231 181 222 223 210 186 181 166 ELEV8 439 237 Promenade 23 532 185 163 221 167 Four 106 Phase I 326 238 Issaquah Gateway Senior 146 181 179 180 192 164 168 Plaza Residential 260 239 Beacon Crossing 97 211 181 191 169 100 Columbia Street 287 240 Beacon Hill 65 226 184 162 170 1101 Western Avenue 325 241 Stazione:25, The 301 193 214 188 195 171 1120 John Street 843 242 3717 South Alaska 243 227 229 172 1170 Republican 110 243 Cubix Othello 85 212 170 194 169 228 173 1800 Terry Avenue 428 Total Planned 25,860 174 1901 Minor Avenue 940 214 215 175 2014 Fairview Avenue 437 213 199 176 307 Broad 149 197 LEGEND 216 198 177 408 Aurora Avenue North 78 Lease-Up 174 2218 1st Avenue 66 175 307 Broad 149 Under Construction 176 408 Aurora Avenue North 78 Planned 177 427 9th Avenue North 242 Prospective 5 mi Source: Yardi Matrix

a Berkshire Hathaway and Jefferies Financial Group company Seattle New Construction & Proposed Multifamily Projects 2Q18

ID PROPERTY UNITS 306 601 Aurora Avenue North 123 232 1314 Denny Way 480 307 Belltown 307 247 233 2000 23rd Avenue South 139 308 Belltown 36 325 309 Belltown Tower 458 234 Marketplace Phase II, The 354 246 235 18631 Alderwood Mall Pkwy 349 310 Block 48 464 236 Lynnwood Place 330 311 Block 56 North 90 245 237 Harmony 70 312 Block 56 South 294 238 Point Wells Urban Center 250 313 Boren + Lenora 425 239 Andorra Estates 84 314 Civic Square Tower 520 240 Andorra Estates Phase II 240 315 Mercer Blocks, Block 37 218 241 Paradise Lake Road Garden 360 316 Pioneer Square Redevelopment 132 360 242 Weaver Road Senior 100 317 433 243 Shoreline 243 318 1103 Summit Avenue 91 244 209 North 87th Street 52 319 815 9th Avenue 276 244 245 3310 NE 125th Street 150 320 Convention Center Site B 409 359 246 Caspian, The 252 321 Esker 71 247 Lake City 73 322 Knights of Columbus Redevelopment 50 251 248 1740 NW Market Street 50 323 Skyline Expansion 76 249 2417 NW Market Street 171 324 1020 South Main Street 282 255 250 5011 15th Avenue NW 150 325 1221 South Main Street 100 254 251 Crown Hill 54 326 16th Avenue 88 260 249 248 252 3421 Woodland Park Avenue North 85 327 19th & Madison 160 261 266 253 4048 7th Avenue NE 80 328 216 10th Avenue 111 250 264 262 259 263 254 6300 9th Avenue NE 140 329 City People's Redevelopment 76 242 257258 255 6501 Roosevelt Way NE 126 330 Sound Flats 78 256 North 39th 147 331 Dahlgren 212 256 253 257 4510 11th Avenue NE 201 332 River Run 130 280 258 4515 Brooklyn Avenue NE 221 333 3039 SW Avalon Way 71 252 259 4726 15th Avenue NE 129 334 4501 38th Avenue SW 110 260 5229 University Way NE 60 289 261 5300 Roosevelt Way NE 55 335 4800 40th Avenue SW 67 336 7617 35th Avenue SW 50 262 Trailside Redevelopment 268 237 263 Union Bay Place 98 337 Braseth 42nd 77 264 University 4727 67 338 California Avenue SW & SW Edmonds St 82 265 University 5039 51 339 Junction Landing 62 236 275 266 University Village 250 340 1801 Rainier Avenue South 186 335 267 University Way 59 341 2007 South State Street 60 250 268 Lake Street Place 150 342 5949 36th Avenue South 55 238 240 269 Redmond City Center 421 343 Colina East 95 344 2019 24th Avenue South 67 270 Rose Hill 650 243 282 281 290 345 3421 Rainier Avenue South 77 273 271 Village, The 96 306 315 346 4009 South Willow Street 53 272 284 283 272 Village at Totem Lake Phase II 650 274 311 273 100 Roy Street Redevelopment 135 347 4221 37th Avenue South 55 279 277 312 274 118 West Mercer Street 61 348 5227 Martin Luther King Jr Way South 52 278 276 299 317 232 285 275 1601 Dexter Avenue North 65 349 6730 Rainier Avenue South 98 313 288 327 350 Columbia City 80 270 310 298 276 215 1st Avenue North 68 303 287 269 321 277 320 Queen Anne Avenue North 59 351 Path Othello Buildings A & B 435 361 286 271 320 326 352 Talus 380 307 278 413 3rd Avenue West 58 268 308 279 417 2nd Avenue West 79 353 Waynes Place 78 300 309 364 301 322 280 609 West Nickerson Street 63 354 64th Avenue South & West Meeker St 327 355 Madison Plaza 164 302 281 701 Valley Street 161 292 297 356 Marquee on Meeker Phase II 204 291 319 282 811 5th Avenue North 65 294 328 283 Niwa 132 357 103 South Division Street 240 293 295 304 323 284 Roystone 95 358 Auburn Senior Living 161 330 234 285 102 Harvard Avenue East 108 359 8704 Greenwood Avenue North 100 339 314 Northgate Equitable Transit Oriented 333 347 286 1208 East Olive Street 61 360 600 335 365 324 Development 337 334 370 348 316 287 1732 Broadway 224 361 434 Kirkland Way 173 338 366 305 363 325 342 346 288 1833 Broadway 50 362 1029 South Jackson Street 320 362 336 326 289 2517 Eastlake Avenue East 50 363 12th & Jackson 280 349 351 290 Bellview 58 364 23rd Avenue & East Union Street 420 371 291 10777 Main Street 135 365 Modera First Hill 288 327 368 292 Cadillac Site Phase I & II 295 366 Atlas, The 98 293 Four 106 Phase II 200 367 Beacon Crossing 97 331 294 Four 106 Phase III 100 368 Tower Steps 312 341 353 295 Ventana on Main 68 369 3235 Rainier Avenue South 112 340 296 1215 120th Avenue NE 420 370 3717 South Alaska 243 233 297 1215 120th Avenue NE Phase II 250 371 Sunset Terrace Redevelopment Phase II 226 344 352 298 1916 Boren Avenue 534 Total Prospective 26,216 356 355 299 210 8th Avenue North 374 354 300 2121 5th Avenue 136 LEGEND 244 301 2214 2nd Avenue 124 Lease-Up 367 302 2218 1st Avenue 59 Under Construction 369 303 3031 Western Avenue 100 Planned 350 345 304 4th & Columbia 1020 358 357 305 500 South Jackson Street 200 Prospective 5 mi Source: Yardi Matrix

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

FORECASTED ID PROPERTY NAME ADDRESS CITY STATE ZIP STATUS UNITS SUBMARKET PERMIT DATE START OF COMPLETION DATE RENT-UP 1 Danforth, The 1425 Spring Street Seattle WA 98104 Lease-Up 265 First Hill 08/01/2016 12/31/2018 05/05/2018 2 Hyde Square 15400 NE 20th Street Bellevue WA 98007 Lease-Up 618 Bellevue-East 07/01/2016 12/31/2018 04/04/2018 3 Ascent 1145 Republican Street Seattle WA 98109 Lease-Up 251 Belltown 11/21/2016 11/30/2018 06/01/2018 4 Kiara 111 Terry Avenue North Seattle WA 98109 Lease-Up 461 Belltown 06/20/2016 10/31/2018 06/01/2018 5 Cerasa 10961 NE 2nd Place Bellevue WA 98004 Lease-Up 154 Bellevue-West 11/15/2016 09/30/2018 06/01/2018 6 Encore 5821 200th Street SW Lynnwood WA 98036 Lease-Up 60 Lynnwood 08/01/2017 09/30/2018 05/01/2018 7 Metro 112 Phase II 317 112th Avenue NE Bellevue WA 98004 Lease-Up 57 Bellevue-West 08/15/2016 08/31/2018 06/01/2018 8 Merc, The 18120 102nd Avenue NE Bothell WA 98011 Lease-Up 122 Bothell 12/15/2016 08/31/2018 05/15/2018 9 Etta 1710 NW 57th Street Seattle WA 98107 Lease-Up 75 Ballard 09/24/2015 08/31/2018 08/01/2017 10 205 1795 NE 205th Street Shoreline WA 98155 Lease-Up 72 Shoreline 04/15/2017 07/31/2018 06/15/2018 11 Crew 8228 Green Lake Drive North Seattle WA 98103 Lease-Up 70 Greenlake/Wallingford 04/01/2017 07/31/2018 06/01/2018 12 Luna 6921 Roosevelt Way NE Seattle WA 98115 Lease-Up 71 Greenlake/Wallingford 02/01/2017 07/31/2018 06/01/2018 13 East Union 2220 East Union Street Seattle WA 98122 Lease-Up 144 Central 01/15/2017 07/31/2018 06/01/2018 14 Elara at the Market 2134 Western Avenue Seattle WA 98121 Lease-Up 150 Belltown 06/17/2016 07/31/2018 05/01/2018 15 McKenzie 2202 8th Avenue Seattle WA 98121 Lease-Up 450 Belltown 12/05/2015 07/31/2018 03/17/2018 16 CityLine Phase II 4740 32nd Avenue South Seattle WA 98118 Lease-Up 155 Rainier Valley 08/01/2017 07/31/2018 03/01/2018 17 624 Yale 624 Yale Avenue North Seattle WA 98109 Lease-Up 206 Belltown 08/01/2016 07/31/2018 02/15/2018 18 Creekside Phase II 26031 72nd Avenue NW Stanwood WA 98292 Lease-Up 50 Marysville/Monroe 09/01/2017 07/31/2018 01/01/2018 19 Park 77 20227 77th Avenue NE Arlington WA 98223 Lease-Up 182 Marysville/Monroe 03/01/2017 07/31/2018 08/01/2017 TOTAL LEASE-UP 3,613 20 600 Wall Street 600 Wall Street Seattle WA 98121 Under Construction 370 Belltown 06/01/2018 12/31/2020 21 Bower, The 11811 NE 128th Street Kirkland WA 98034 Under Construction 339 Woodinville/Totem Lake 05/15/2018 11/30/2020 22 1120 Denny Way Seattle WA 98109 Under Construction 1128 Belltown 05/01/2017 08/31/2020 23 Jackson 2309 South Jackson Street Seattle WA 98144 Under Construction 532 Central 03/01/2018 06/30/2020 24 Marquee on Meeker 2030 West Meeker Street Kent WA 98032 Under Construction 288 Kent 06/15/2018 05/31/2020 25 Bear Creek 15806 Bear Creek Pkwy Redmond WA 98052 Under Construction 360 Redmond 06/15/2018 03/31/2020 26 Stazione:25, The 2615 25th Avenue South Seattle WA 98144 Under Construction 301 Beacon Hill 03/15/2018 01/31/2020 27 Esterra Park Blocks 5, 6A and 9 SWC 156th Avenue NE & NE Turing Street Redmond WA 98052 Under Construction 658 Redmond 09/15/2017 12/31/2019 28 Modera Redmond 8709 161st Avenue NE Redmond WA 98052 Under Construction 300 Redmond 10/15/2017 12/31/2019 29 Marvelle at Southcenter 415 Baker Blvd Tukwila WA 98188 Under Construction 166 Riverton/Tukwila 06/25/2018 12/31/2019 30 Village at Totem Lake 12601 120th Avenue NE Kirkland WA 98034 Under Construction 201 Woodinville/Totem Lake 01/03/2018 11/30/2019 31 AMLI Spring District 1375 121st Avenue NE Bellevue WA 98005 Under Construction 204 Bellevue-East 01/15/2018 11/30/2019 32 4722 Fauntleroy Way SW 4722 Fauntleroy Way SW Seattle WA 98116 Under Construction 250 West Seattle 06/01/2018 11/30/2019 33 Crossroads Senior Living 1390 158th Place NE Bellevue WA 98008 Under Construction 185 Bellevue-East 02/01/2018 11/30/2019 34 800 5th Avenue North 800 5th Avenue North Seattle WA 98109 Under Construction 68 Queen Anne 05/15/2018 10/31/2019 35 Brio 1021 112th Avenue NE Bellevue WA 98004 Under Construction 258 Bellevue-West 10/09/2017 10/31/2019 36 14th & Madison 1401 East Madison Street Seattle WA 98122 Under Construction 137 Capitol Hill/Eastlake 02/22/2018 09/30/2019 37 Luna 2719 California Avenue SW Seattle WA 98116 Under Construction 108 West Seattle 01/17/2018 09/30/2019 38 Talisman 7405 168th Avenue NE Redmond WA 98052 Under Construction 286 Redmond 09/01/2017 08/31/2019 39 888 108th Avenue NE 888 108th Avenue NE Bellevue WA 98004 Under Construction 158 Bellevue-West 10/15/2017 08/31/2019 40 Lodge Phase III, The 17500 25th Avenue NE Marysville WA 98271 Under Construction 200 Marysville/Monroe 02/15/2018 07/31/2019 41 Marlowe 1146 Harrison Street Seattle WA 98109 Under Construction 181 Belltown 08/01/2017 07/31/2019 42 2100 East Madison 2100 East Madison Street Seattle WA 98112 Under Construction 50 Capitol Hill/Eastlake 01/08/2018 06/30/2019 43 Bellevue Parkside 25 102nd Avenue NE Bellevue WA 98004 Under Construction 136 Bellevue-West 03/15/2018 06/30/2019 44 18727 Blueberry Lane 18727 Blueberry Lane Monroe WA 98272 Under Construction 112 Marysville/Monroe 12/01/2017 05/31/2019 45 Track 66 836 NE 66th Street Seattle WA 98115 Under Construction 78 Greenlake/Wallingford 03/15/2018 05/31/2019 46 Roosevelt 4218 Roosevelt Way NE Seattle WA 98105 Under Construction 114 University 05/01/2018 05/31/2019 47 Vida 6516 12th Avenue NE Seattle WA 98115 Under Construction 201 University 10/01/2017 05/31/2019 48 Alexan 100 100 Denny Way Seattle WA 98109 Under Construction 164 Queen Anne 04/01/2017 05/31/2019 49 Arrive 2116 4th Avenue Seattle WA 98121 Under Construction 339 Belltown 12/01/2016 05/31/2019 50 Avalon Belltown Towers 210 Wall Street Seattle WA 98121 Under Construction 275 Belltown 07/01/2017 05/31/2019 51 Mercer Blocks, Block 25 West 630 Boren Avenue North Seattle WA 98109 Under Construction 83 Belltown 09/01/2017 05/31/2019 52 Vale 955 7th Avenue NW Issaquah WA 98027 Under Construction 110 Issaquah 12/21/2017 05/31/2019 53 Avaya 74 10615 SE 172nd Street Renton WA 98055 Under Construction 74 Renton 06/01/2018 05/31/2019 54 Boulevard Place 18221 Bothell Way NE Bothell WA 98011 Under Construction 292 Bothell 07/01/2017 05/31/2019 55 Northgate Eighth 10711 8th Avenue NE Seattle WA 98125 Under Construction 139 North Seattle 08/15/2017 05/31/2019 56 Muir 718 Rainier Avenue South Seattle WA 98144 Under Construction 135 Central 10/01/2017 05/31/2019 57 Yesler Terrace Block 3 120 Broadway Seattle WA 98122 Under Construction 237 Central 10/15/2017 05/31/2019 58 Arabella II 1215 North 180th Street Shoreline WA 98133 Under Construction 107 Shoreline 11/15/2017 04/30/2019 59 Mercer Blocks, Block 31 625 Boren Avenue North Seattle WA 98109 Under Construction 81 Belltown 11/01/2017 04/30/2019 60 Uptown 6th Street & Central Way Kirkland WA 98033 Under Construction 185 Kirkland 10/03/2016 04/30/2019 61 5512 17th Avenue NW 5512 17th Avenue NW Seattle WA 98107 Under Construction 94 Ballard 03/15/2018 03/31/2019 62 Alexan Central Park 16160 NE 80th Street Redmond WA 98052 Under Construction 193 Redmond 04/01/2017 03/31/2019 63 Woodin Creek Village Buildings A, B & D 17300 135th Avenue NE Woodinville WA 98072 Under Construction 236 Woodinville/Totem Lake 09/01/2017 03/31/2019 64 10 Clay 10 Clay Street Seattle WA 98121 Under Construction 62 Belltown 09/15/2017 03/31/2019 65 1001 Minor 1001 Minor Avenue Seattle WA 98104 Under Construction 209 First Hill 07/01/2017 03/31/2019 66 Foundry, The 4754 Fauntleroy Way SW Seattle WA 98116 Under Construction 118 West Seattle 01/02/2018 03/31/2019 67 Valdok II 1702 NW 56th Street Seattle WA 98107 Under Construction 157 Ballard 08/15/2017 02/28/2019 68 AVA at Esterra Park 15301 NE Turing Street Redmond WA 98052 Under Construction 323 Redmond 05/01/2017 02/28/2019 69 Issaquah Gateway Senior 2290 Newport Way NW Issaquah WA 98027 Under Construction 146 Issaquah 01/15/2018 02/28/2019 70 Robin's Next 3272 Fuhrman Avenue East Seattle WA 98102 Under Construction 61 Capitol Hill/Eastlake 03/04/2018 01/31/2019 71 B2 10625 Main Street Bellevue WA 98004 Under Construction 165 Bellevue-West 08/01/2017 01/31/2019 72 Puget Park 13127 Meridian Avenue South Everett WA 98208 Under Construction 256 Mill Creek 04/01/2017 12/31/2018 73 Werner, The 3046 17th Avenue West Seattle WA 98119 Under Construction 59 Magnolia 11/01/2017 12/31/2018 74 Urban Green Villa 2401 3rd Avenue Seattle WA 98121 Under Construction 132 Belltown 09/15/2017 12/31/2018 75 Broadstone First Hill 1001 James Street Seattle WA 98104 Under Construction 350 First Hill 11/01/2016 12/31/2018 76 Mariner on Republican 203 West Republican Street Seattle WA 98119 Under Construction 128 Queen Anne 10/01/2017 12/31/2018 77 University 3025 NE 130th Street Seattle WA 98125 Under Construction 117 North Seattle 02/01/2017 11/30/2018 78 Brooklyn Flats, The 1222 NE 65th Street Seattle WA 98115 Under Construction 55 University 09/15/2017 11/30/2018 79 StationHouse 16600 NE 79th Street Redmond WA 98052 Under Construction 216 Redmond 10/01/2016 11/30/2018 80 2nd & John 200 2nd Avenue West Seattle WA 98119 Under Construction 80 Queen Anne 11/01/2017 11/30/2018 81 Lux 1000 100th Avenue NE Bellevue WA 98004 Under Construction 137 Bellevue-West 10/01/2016 11/30/2018 82 Arras 1121 124th Avenue NE Bellevue WA 98005 Under Construction 279 Bellevue-East 07/01/2017 11/30/2018 83 Sitka 1255 Harrison Street Seattle WA 98109 Under Construction 384 Belltown 09/01/2016 11/30/2018 84 Lane 10720 5th Avenue NE Seattle WA 98125 Under Construction 217 North Seattle 02/01/2017 10/31/2018 85 6301 15th Avenue NW 6301 15th Avenue NW Seattle WA 98107 Under Construction 63 Ballard 09/01/2017 10/31/2018 86 aPODment Suites @ Giardino 1514 NW 52nd Street Seattle WA 98107 Under Construction 62 Ballard 10/01/2017 10/31/2018 87 Valdok 1701 NW 56th Street Seattle WA 98107 Under Construction 177 Ballard 10/01/2016 10/31/2018 88 Lucille on Roosevelt 6717 Roosevelt Way NE Seattle WA 98115 Under Construction 106 Greenlake/Wallingford 05/31/2017 10/31/2018 89 Triangle, The 16450 Redmond Way Redmond WA 98052 Under Construction 195 Redmond 06/15/2017 10/31/2018 90 Modera Jackson 1801 South Jackson Street Seattle WA 98144 Under Construction 160 Central 05/01/2017 10/31/2018 91 Anthology 1610 Anthology Avenue NW Issaquah WA 98027 Under Construction 398 Issaquah 04/01/2016 10/31/2018 92 Gerrish Hall 1820 Boylston Avenue Seattle WA 98122 Under Construction 55 Capitol Hill/Eastlake 10/15/2017 10/31/2018 93 Orion 910 John Street Seattle WA 98109 Under Construction 129 Belltown 12/15/2016 10/31/2018 Source: Yardi Matrix Seattle New Construction and Proposed Multifamily Projects

FORECASTED ID PROPERTY NAME ADDRESS CITY STATE ZIP STATUS UNITS SUBMARKET PERMIT DATE START OF COMPLETION DATE RENT-UP 94 Metro Line Flats 915 East Spruce Street Seattle WA 98122 Under Construction 75 Central 09/15/2017 10/31/2018 95 Alexan Marymoor 6499 East Lake Sammamish Pkwy NE Redmond WA 98052 Under Construction 227 Redmond 11/01/2016 09/30/2018 96 Ravello 16180 NE 80th Street Redmond WA 98052 Under Construction 102 Redmond 10/03/2016 09/30/2018 97 Redmond 148 3040 148th Avenue NE Redmond WA 98052 Under Construction 244 Redmond 03/01/2017 09/30/2018 98 121 12th Avenue East 121 12th Avenue East Seattle WA 98102 Under Construction 51 Capitol Hill/Eastlake 08/01/2017 09/30/2018 99 Sonata East 3004 South Alaska Street Seattle WA 98108 Under Construction 91 Rainier Valley 04/01/2017 09/30/2018 100 Axle 3230 16th Avenue West Seattle WA 98119 Under Construction 226 Magnolia 08/15/2016 09/30/2018 101 Upton Flats 3490 SW Graham Street Seattle WA 98126 Under Construction 104 West Seattle 05/01/2017 09/30/2018 102 Cubix North Park 1008 North 109th Street Seattle WA 98133 Under Construction 108 North Seattle 01/15/2017 08/31/2018 103 Woodland 9039 Greenwood Avenue North Seattle WA 98103 Under Construction 85 North Seattle 06/01/2017 08/31/2018 104 Westridge Phase II 512 121st Place NE Bellevue WA 98005 Under Construction 50 Bellevue-East 03/01/2017 08/31/2018 105 Liv Fauntleroy 4801 Fauntleroy Way SW Seattle WA 98116 Under Construction 53 West Seattle 12/01/2016 08/31/2018 106 Arion 4230 11th Avenue NE Seattle WA 98105 Under Construction 98 University 01/27/2016 08/31/2018 107 Edition 18420 102nd Avenue NE Bothell WA 98011 Under Construction 135 Bothell 03/02/2017 07/31/2018 TOTAL UNDER CONSTRUCTION 16,758 108 Marketplace, The NWC SE 38th Street & 124th Avenue SE Bellevue WA 98006 Planned 331 109 3214 Broadway 3214 Broadway Everett WA 98201 Planned 140 Central Everett 110 Everett Waterfront 14th Street & West Marine View Drive Everett WA 98201 Planned 266 Central Everett 111 Riverview 1622 East Marine View Drive Everett WA 98201 Planned 201 Central Everett 112 Allegro at Ash Creek 16617 Ash Way Lynnwood WA 98037 Planned 114 Lynnwood 113 Evergreen Village 18626 State Route 99 Lynnwood WA 98037 Planned 231 Lynnwood 114 Greater Residence 16224 Meadow Road Lynnwood WA 98087 Planned 123 Mill Creek 115 Westgate Village 10032 Edmonds Way Edmonds WA 98020 Planned 85 Edmonds 116 Avalon North Creek 19720 Bothell Everett Hwy Bothell WA 98012 Planned 316 Thrashers Corner 117 Bothell Way 18107 98th Avenue NE Bothell WA 98011 Planned 200 Bothell 118 Lifebridge 11725 NE 118th Street Kirkland WA 98034 Planned 562 Juanita 119 10540 Greenwood Avenue North 10540 Greenwood Avenue North Seattle WA 98133 Planned 62 North Seattle 120 320 North 85th Street 320 North 85th Street Seattle WA 98103 Planned 210 North Seattle 121 8501-8521 15th Avenue NW 8501 15th Avenue NW Seattle WA 98117 Planned 114 North Seattle 122 8612 Palatine Avenue North 8612 Palatine Avenue North Seattle WA 98103 Planned 141 North Seattle 123 8829 Roosevelt Way NE 8829 Roosevelt Way NE Seattle WA 98115 Planned 72 North Seattle 124 9731 Greenwood Avenue North 9731 Greenwood Avenue North Seattle WA 98103 Planned 54 North Seattle 125 Artisan, The 12706 33rd Avenue NE Seattle WA 98125 Planned 172 North Seattle 126 Northgate 10700 5th Avenue NE Seattle WA 98125 Planned 235 North Seattle 127 6416 15th Avenue NW 6416 15th Avenue NW Seattle WA 98107 Planned 60 Ballard 128 8311 15th Avenue NW 8311 15th Avenue NW Seattle WA 98117 Planned 83 Ballard 129 4025 Stone Way North 4025 Stone Way North Seattle WA 98103 Planned 59 Greenlake/Wallingford 130 4555 Roosevelt Way NE 4555 Roosevelt Way NE Seattle WA 98105 Planned 168 Greenlake/Wallingford 131 6860 East Green Lake Way North 6860 East Green Lake Way North Seattle WA 98115 Planned 59 Greenlake/Wallingford 132 7001 Roosevelt Way NE 7001 Roosevelt Way NE Seattle WA 98115 Planned 54 Greenlake/Wallingford 133 7011 Roosevelt Way NE 7011 Roosevelt Way NE Seattle WA 98115 Planned 57 Greenlake/Wallingford 134 743 North 35th Street 743 North 35th Street Seattle WA 98103 Planned 56 Greenlake/Wallingford 135 815 NE 66th Street 815 NE 66th Street Seattle WA 98115 Planned 78 Greenlake/Wallingford 136 8403 Greenwood Avenue North 8403 Greenwood Avenue North Seattle WA 98127 Planned 70 Greenlake/Wallingford 137 Green Lake North 420 NE 72nd Street Seattle WA 98115 Planned 133 Greenlake/Wallingford 138 Grove, The 1216 North 42nd Street Seattle WA 98103 Planned 51 Greenlake/Wallingford 139 Phinney Flats 6726 Greenwood Avenue North Seattle WA 98103 Planned 59 Greenlake/Wallingford 140 Sora - University District 4239 8th Avenue NE Seattle WA 98105 Planned 52 Greenlake/Wallingford 141 1300 NE 65th Street 1300 NE 65th Street Seattle WA 98115 Planned 165 University 142 4536 20th Avenue NE 4536 20th Avenue NE Seattle WA 98105 Planned 64 University 143 4700 Brooklyn Avenue NE 4700 Brooklyn Avenue NE Seattle WA 98105 Planned 229 University 144 4710 20th Avenue NE 4710 20th Avenue NE Seattle WA 98107 Planned 52 University 145 Block 3A 6502 15th Avenue NE Seattle WA 98115 Planned 131 University 146 Brooklyn 1309 NE 66th Street Seattle WA 98115 Planned 77 University 147 Centerline 6505 15th Avenue NE Seattle WA 98115 Planned 235 University 148 Luxe II 1403 NE 65th Street Seattle WA 98115 Planned 52 University 149 Blackbird 7635 159th Place NE Redmond WA 98052 Planned 165 Redmond 150 Esterra Park Block 10 2651 156th Avenue NE Redmond WA 98052 Planned 263 Redmond 151 Woodin Creek Village Buildings C & E 17300 135th Avenue NE Woodinville WA 98072 Planned 86 Woodinville/Totem Lake 152 Interbay 3008 16th Avenue West Seattle WA 98119 Planned 93 Magnolia 153 1110 Dexter Avenue North 1110 Dexter Avenue North Seattle WA 98109 Planned 85 Queen Anne 154 1115 Dexter Avenue North 1115 Dexter Avenue North Seattle WA 98109 Planned 170 Queen Anne 155 1405 -1415 Dexter Avenue North 1405 Dexter Avenue North Seattle WA 98109 Planned 167 Queen Anne 156 2100 Queen Anne Avenue North 2100 Queen Anne Avenue North Seattle WA 98109 Planned 250 Queen Anne 157 318 Nickerson Street 318 Nickerson Street Seattle WA 98109 Planned 64 Queen Anne 158 400 Roy 400 Roy Street Seattle WA 98109 Planned 65 Queen Anne 159 Stream Dexios 1600 Dexter Avenue North Seattle WA 98109 Planned 88 Queen Anne 160 225 Harvard Avenue East 225 Harvard Avenue East Seattle WA 98102 Planned 71 Capitol Hill/Eastlake 161 2334 Franklin Avenue East 2334 Franklin Avenue East Seattle WA 98102 Planned 56 Capitol Hill/Eastlake 162 953 East Union Street 953 East Union Street Seattle WA 98122 Planned 55 Capitol Hill/Eastlake 163 Capitol Hill TOD Site C 1830 Broadway Seattle WA 98122 Planned 94 Capitol Hill/Eastlake 164 Modera Broadway North 1732 Broadway Seattle WA 98122 Planned 228 Capitol Hill/Eastlake 165 Bellevue Square 10485 NE 6th Street Bellevue WA 98004 Planned 250 Bellevue-West 166 ELEV8 10833 NE 8th Street Bellevue WA 98004 Planned 439 Bellevue-West 167 Four 106 Phase I 320 106th Avenue NE Bellevue WA 98004 Planned 326 Bellevue-West 168 Plaza Residential 10850 NE 8th Street Bellevue WA 98004 Planned 260 Bellevue-West 169 100 Columbia Street 100 Columbia Street Seattle WA 98104 Planned 287 Belltown 170 1101 Western Avenue 1101 Western Avenue Seattle WA 98101 Planned 325 Belltown 171 1120 John Street 1120 John Street Seattle WA 98109 Planned 843 Belltown 172 1170 Republican 1170 Republican Street Seattle WA 98109 Planned 110 Belltown 173 1800 Terry Avenue 1800 Terry Avenue Seattle WA 98101 Planned 428 Belltown 174 1901 Minor Avenue 1901 Minor Avenue Seattle WA 98101 Planned 940 Belltown 175 2014 Fairview Avenue 2014 Fairview Avenue Seattle WA 98121 Planned 437 Belltown 176 307 Broad 307 Broad Street Seattle WA 98121 Planned 149 Belltown 177 408 Aurora Avenue North 408 Aurora Avenue North Seattle WA 98109 Planned 78 Belltown 178 427 9th Avenue North 427 9th Avenue North Seattle WA 98109 Planned 242 Belltown 179 4th & Bell Tower 2302 4th Avenue Seattle WA 98121 Planned 287 Belltown 180 5th & Lenora 2025 5th Avenue Seattle WA 98121 Planned 463 Belltown 181 5th & Virginia 1933 5th Avenue Seattle WA 98101 Planned 431 Belltown 182 901 Harrison Street 901 Harrison Street Seattle WA 98109 Planned 292 Belltown 183 9th & John 818 John Street Seattle WA 98109 Planned 278 Belltown 184 Altitude Residences 1903 5th Avenue Seattle WA 98101 Planned 236 Belltown 185 BB6 2300 6th Avenue Seattle WA 98121 Planned 936 Belltown 186 Block V 2301 7th Avenue Seattle WA 98121 Planned 638 Belltown Source: Yardi Matrix Seattle New Construction and Proposed Multifamily Projects

FORECASTED COMPLETION START OF ID PROPERTY NAME ADDRESS CITY STATE ZIP STATUS UNITS SUBMARKET PERMIT DATE DATE RENT-UP 187 Communita Atelier 403 Dexter Avenue North Seattle WA 98109 Planned 98 Belltown 188 Rainier Square Redevelopment SEC 4th Avenue & Union Street Seattle WA 98101 Planned 200 Belltown 189 Shilla Tower 2300 8th Avenue Seattle WA 98121 Planned 286 Belltown 190 St. Johns 1001 John Street Seattle WA 98109 Planned 430 Belltown 191 722 East Pike Street 722 East Pike Street Seattle WA 98122 Planned 90 First Hill 192 Crosby Capitol Hill 1517 Bellevue Avenue Seattle WA 98122 Planned 50 First Hill 193 Spring Street & 8th Avenue 1101 8th Avenue Seattle WA 98101 Planned 550 First Hill 194 104 12th Avenue 104 12th Avenue Seattle WA 98122 Planned 282 Central 195 16th & Cherry 701 16th Avenue Seattle WA 98122 Planned 50 Central 196 Jackson & 26th 2524 South Jackson Street Seattle WA 98144 Planned 77 Central 197 Rainier 622 Rainier Avenue South Seattle WA 98144 Planned 185 Central 198 SpringHill Suites 616 8th Avenue South Seattle WA 98104 Planned 123 Central 199 Quendall Terminals 4350 Lake Washington Blvd North Renton WA 98056 Planned 692 Factoria 200 Inneswood 905 Newport Way NW Issaquah WA 98027 Planned 93 Issaquah 201 4721 38th Avenue SW 4721 38th Avenue SW Seattle WA 98126 Planned 51 West Seattle 202 Lam Bow Phase II 6955 Delridge Way SW Seattle WA 98106 Planned 50 West Seattle 203 1405 South Bayview Street 1405 South Bayview Street Seattle WA 98144 Planned 67 Beacon Hill 204 2016 23rd Avenue South 2016 23rd Avenue South Seattle WA 98144 Planned 100 Rainier Valley 205 5201 Rainier Avenue South 5201 Rainier Avenue South Seattle WA 98118 Planned 107 Rainier Valley 206 6901 Martin Luther King Jr Way South 6901 Martin Luther King Jr Way South Seattle WA 98118 Planned 141 Rainier Valley 207 Link Mt. Baker 3208 Claremont Avenue South Seattle WA 98144 Planned 156 Rainier Valley 208 Sonata West 4561 Martin Luther King Jr Way South Seattle WA 98108 Planned 98 Rainier Valley 209 Barton Terrace 2222 SW Barton Street Seattle WA 98106 Planned 66 White Center 210 Sunset Terrace Redevelopment NE Harrington Avenue NE & Sunset Blvd Renton WA 98056 Planned 112 Renton 211 VIA 405 25 South Grady Way Renton WA 98055 Planned 270 Renton 212 Vintage at Seatac 21212 International Blvd SeaTac WA 98198 Planned 170 Seatac 213 Kent Midway 24050 Pacific Hwy South Kent WA 98032 Planned 265 Des Moines 214 Waterview Crossing Building 3 29th Avenue South & South 220th Street Des Moines WA 98198 Planned 326 Des Moines 215 Reserve at Kent, The 623 West Meeker Street Kent WA 98032 Planned 252 Kent 216 Mont Vu 26900 SE Kent Kangley Road Maple Valley WA 98038 Planned 126 Enumclaw 217 Iron Flats 814 NE 66th Street Seattle WA 98115 Planned 289 Greenlake/Wallingford 218 Residences at U-Village 4715 25th Avenue NE Seattle WA 98105 Planned 229 University 219 2031 Westlake 2031 Westlake Avenue North Seattle WA 98109 Planned 71 Queen Anne 220 Center Steps 225 Roy Street Seattle WA 98109 Planned 269 Queen Anne 221 600 East Howell Street 600 East Howell Street Seattle WA 98122 Planned 76 Capitol Hill/Eastlake 222 Capitol Hill TOD Site A 118 Broadway East Seattle WA 98102 Planned 150 Capitol Hill/Eastlake 223 Capitol Hill TOD Site B South 123 10th Avenue East Seattle WA 98102 Planned 74 Capitol Hill/Eastlake 224 1165-1175 Harrison Street 1165 Harrison Street Seattle WA 98109 Planned 80 Belltown 225 1200 Stewart Street 1200 Stewart Street Seattle WA 98101 Planned 1051 Belltown 226 3rd & Virginia 2000 3rd Avenue Seattle WA 98121 Planned 453 Belltown 227 707 Terry Avenue 707 Terry Avenue Seattle WA 98104 Planned 488 First Hill 228 Yesler Terrace Block 4 900 East Yesler Way Seattle WA 98122 Planned 200 First Hill 229 First Central Station 1203 East Spruce Street Seattle WA 98122 Planned 369 Central 230 Beacon Hill 2912 Beacon Avenue South Seattle WA 98144 Planned 65 Beacon Hill 231 Cubix Othello 7339 43rd Avenue South Seattle WA 98118 Planned 85 Rainier Valley TOTAL PLANNED 25,860 232 1314 Denny Way 1314 Denny Way Seattle WA 98109 Prospective 480 233 2000 23rd Avenue South 2000 23rd Avenue South Seattle WA 98144 Prospective 139 234 Marketplace Phase II, The NWC SE 38th Street & 124th Avenue SE Bellevue WA 98006 Prospective 354 235 18631 Alderwood Mall Pkwy 18631 Alderwood Mall Pkwy Lynnwood WA 98037 Prospective 349 Lynnwood 236 Lynnwood Place 3001 184th Street SW Lynnwood WA 98037 Prospective 330 Lynnwood 237 Harmony 14815 41st Avenue Bothell WA 98012 Prospective 70 Mill Creek 238 Point Wells Urban Center 20500 Richmond Beach Drive Edmonds WA 98020 Prospective 250 Edmonds 239 Andorra Estates 22817 Lakeview Drive Mountlake Terrace WA 98043 Prospective 84 Mountlake Terrace 240 Andorra Estates Phase II 22817 Lakeview Drive Mountlake Terrace WA 98043 Prospective 240 Mountlake Terrace 241 Paradise Lake Road Garden 9321 Paradise Lake Road Snohomish WA 98296 Prospective 360 Marysville/Monroe 242 Weaver Road Senior SWC Bickford Avenue & Weaver Road Snohomish WA 98290 Prospective 100 Marysville/Monroe 243 Shoreline 17233 15th Avenue NE Shoreline WA 98155 Prospective 243 Shoreline 244 209 North 87th Street 209 North 89th Street Seattle WA 98103 Prospective 52 North Seattle 245 3310 NE 125th Street 3310 NE 125th Street Seattle WA 98125 Prospective 150 North Seattle 246 Caspian, The 12741 30th Avenue NE Seattle WA 98125 Prospective 252 North Seattle 247 Lake City 14337 32nd Avenue NE Seattle WA 98125 Prospective 73 North Seattle 248 1740 NW Market Street 1740 NW Market Street Seattle WA 98107 Prospective 50 Ballard 249 2417 NW Market Street 2417 NW Market Street Seattle WA 98107 Prospective 171 Ballard 250 5011 15th Avenue NW 5011 15th Avenue NW Seattle WA 98107 Prospective 150 Ballard 251 Crown Hill 7730 15th Avenue NW Seattle WA 98117 Prospective 54 Ballard 252 3421 Woodland Park Avenue North 3421 Woodland Park Avenue North Seattle WA 98103 Prospective 85 Greenlake/Wallingford 253 4048 7th Avenue NE 4048 7th Avenue NE Seattle WA 98105 Prospective 80 Greenlake/Wallingford 254 6300 9th Avenue NE 6300 9th Avenue NE Seattle WA 98115 Prospective 140 Greenlake/Wallingford 255 6501 Roosevelt Way NE 6501 Roosevelt Way NE Seattle WA 98115 Prospective 126 Greenlake/Wallingford 256 North 39th 3838 Aurora Avenue North Seattle WA 98103 Prospective 147 Greenlake/Wallingford 257 4510 11th Avenue NE 4510 11th Avenue NE Seattle WA 98105 Prospective 201 University 258 4515 Brooklyn Avenue NE 4515 Brooklyn Avenue NE Seattle WA 98105 Prospective 221 University 259 4726 15th Avenue NE 4726 15th Avenue NE Seattle WA 98105 Prospective 129 University 260 5229 University Way NE 5229 University Way NE Seattle WA 98105 Prospective 60 University 261 5300 Roosevelt Way NE 5300 Roosevelt Way NE Seattle WA 98105 Prospective 55 University 262 Trailside Redevelopment 4801 24th Avenue NE Seattle WA 98105 Prospective 268 University 263 Union Bay Place 4600 Union Bay Place NE Seattle WA 98105 Prospective 98 University 264 University 4727 4727 12th Avenue NE Seattle WA 98105 Prospective 67 University 265 University 5039 5039 11th Avenue NE Seattle WA 98106 Prospective 51 University 266 University Village 4906 25th Avenue NE Seattle WA 98105 Prospective 250 University 267 University Way 5247 University Way NE Seattle WA 98105 Prospective 59 University 268 Lake Street Place 112 Lake Street South Kirkland WA 98033 Prospective 150 Kirkland 269 Redmond City Center 16135 NE 85th Street Redmond WA 98052 Prospective 421 Redmond 270 Rose Hill 12020 NE 85th Street Kirkland WA 98033 Prospective 650 Redmond 271 Village, The 8336 165th Avenue NE Redmond WA 98052 Prospective 96 Redmond 272 Village at Totem Lake Phase II 12500 120th Avenue NE Kirkland WA 98034 Prospective 650 Woodinville/Totem Lake 273 100 Roy Street Redevelopment 100 Roy Street Seattle WA 98109 Prospective 135 Queen Anne 274 University Village 4906 25th Avenue NE Seattle WA 98105 Prospective 250 University 275 University Way 5247 University Way NE Seattle WA 98105 Prospective 59 University 276 Redmond City Center 16135 NE 85th Street Redmond WA 98052 Prospective 421 Redmond 277 Rose Hill 12020 NE 85th Street Kirkland WA 98033 Prospective 650 Redmond 278 Village, The 8336 165th Avenue NE Redmond WA 98052 Prospective 96 Redmond 279 Village at Totem Lake Phase II 12500 120th Avenue NE Kirkland WA 98034 Prospective 650 Woodinville/Totem Lake Source: Yardi Matrix Seattle New Construction and Proposed Multifamily Projects FORECASTED ID PROPERTY NAME ADDRESS CITY STATE ZIP STATUS UNITS SUBMARKET PERMIT DATE START OF COMPLETION DATE RENT-UP 280 1601 Dexter Avenue North 1601 Dexter Avenue North Seattle WA 98109 Prospective 65 Queen Anne 281 215 1st Avenue North 215 1st Avenue North Seattle WA 98109 Prospective 68 Queen Anne 282 320 Queen Anne Avenue North 320 Queen Anne Avenue North Seattle WA 98109 Prospective 59 Queen Anne 283 413 3rd Avenue West 413 3rd Avenue West Seattle WA 98119 Prospective 52 Queen Anne 284 417 2nd Avenue West 417 2nd Avenue West Seattle WA 98119 Prospective 79 Queen Anne 285 701 Valley Street 701 Valley Street Seattle WA 98109 Prospective 161 Queen Anne 286 811 5th Avenue North 811 5th Avenue North Seattle WA 98109 Prospective 65 Queen Anne 287 Niwa 513 1st Avenue North Seattle WA 98109 Prospective 132 Queen Anne 288 Roystone 631 Queen Anne Avenue North Seattle WA 98109 Prospective 64 Queen Anne 289 1208 East Olive Street 1208 East Olive Street Seattle WA 98122 Prospective 61 Capitol Hill/Eastlake 290 1732 Broadway 1732 Broadway Seattle WA 98122 Prospective 224 Capitol Hill/Eastlake 291 2517 Eastlake Avenue East 2517 Eastlake Avenue East Seattle WA 98102 Prospective 50 Capitol Hill/Eastlake 292 Bellview 736 Bellevue Place East Seattle WA 98102 Prospective 58 Capitol Hill/Eastlake 293 Cadillac Site Phase I & II 1001 106th Avenue NE Bellevue WA 98004 Prospective 295 Bellevue-West 294 Four 106 Phase II 305 108th Avenue NE Bellevue WA 98004 Prospective 200 Bellevue-West 295 Four 106 Phase III 10655 NE 4th Street Bellevue WA 98004 Prospective 100 Bellevue-West 296 Ventana on Main 10713 Main Street Bellevue WA 98004 Prospective 68 Bellevue-West 297 1215 120th Avenue NE 1215 120th Avenue NE Bellevue WA 98005 Prospective 420 Bellevue-East 298 1215 120th Avenue NE Phase II 1215 120th Avenue NE Bellevue WA 98005 Prospective 250 Bellevue-East 299 1916 Boren Avenue 1916 Boren Avenue Seattle WA 98101 Prospective 400 Belltown 300 210 8th Avenue North 210 8th Avenue North Seattle WA 98109 Prospective 374 Belltown 301 2214 2nd Avenue 2214 2nd Avenue Seattle WA 98121 Prospective 124 Belltown 302 3031 Western Avenue 3031 Western Avenue Seattle WA 98121 Prospective 100 Belltown 303 314 Bell Street 314 Bell Street Seattle WA 98121 Prospective 325 Belltown 304 4th & Columbia 701 4th Avenue Seattle WA 98104 Prospective 1020 Belltown 305 500 South Jackson Street 500 South Jackson Street Seattle WA 98104 Prospective 100 Belltown 306 601 Aurora Avenue North 601 Aurora Avenue North Seattle WA 98109 Prospective 123 Belltown 307 Belltown 2208 4th Avenue Seattle WA 98121 Prospective 346 Belltown 308 Belltown Tower 2005 5th Avenue Seattle WA 98121 Prospective 458 Belltown 309 Block 48 101 Westlake Avenue North Seattle WA 98109 Prospective 464 Belltown 310 Block 56 North 433 8th Avenue North Seattle WA 98109 Prospective 90 Belltown 311 Block 56 South 401 8th Avenue North Seattle WA 98109 Prospective 294 Belltown 312 Boren + Lenora 2019 Boren Avenue Seattle WA 98121 Prospective 425 Belltown 313 Civic Square Tower SWC 4th Avenue & Cherry Street Seattle WA 98104 Prospective 520 Belltown 314 Mercer Blocks, Block 37 630 Westlake Avenue North Seattle WA 98109 Prospective 218 Belltown 315 Pioneer Square Redevelopment 200 1st Avenue South Seattle WA 98104 Prospective 132 Belltown 316 Seattle Times Building 121 Boren Avenue North Seattle WA 98104 Prospective 433 Belltown 317 1103 Summit Avenue 1103 Summit Avenue Seattle WA 98104 Prospective 90 First Hill 318 815 9th Avenue 815 9th Avenue Seattle WA 98104 Prospective 290 First Hill 319 Convention Center Site B 920 Olive Way Seattle WA 98101 Prospective 409 First Hill 320 Esker 1208 East Pine Street Seattle WA 98122 Prospective 70 First Hill 321 Skyline Expansion 715 8th Avenue Seattle WA 98104 Prospective 76 First Hill 322 1020 South Main Street 1020 South Main Street Seattle WA 98144 Prospective 282 Central 323 1221 South Main Street 1221 South Main Street Seattle WA 98144 Prospective 100 Central 324 16th Avenue 1620 16th Avenue Seattle WA 98122 Prospective 91 Central 325 19th & Madison 1730 19th Avenue Seattle WA 98122 Prospective 160 Central 326 Rainier 622 Rainier Avenue South Seattle WA 98144 Prospective 193 Central 327 Dahlgren 33124 SE North Bend Way North Bend WA 98045 Prospective 212 Issaquah 328 River Run 43600 SE 136th Street North Bend WA 98045 Prospective 130 Issaquah 329 3039 SW Avalon Way 3039 SW Avalon Way Seattle WA 98126 Prospective 71 West Seattle 330 Junction Landing 4417 42nd Avenue SW Seattle WA 98116 Prospective 62 West Seattle 331 1801 Rainier Avenue South 1801 Rainier Avenue South Seattle WA 98144 Prospective 186 Beacon Hill 332 2007 South State Street 2007 South State Street Seattle WA 98144 Prospective 60 Beacon Hill 333 2019 24th Avenue South 2019 24th Avenue South Seattle WA 98144 Prospective 67 Rainier Valley 334 3235 Rainier Avenue South 3235 Rainier Avenue South Seattle WA 98144 Prospective 112 Rainier Valley 335 3421 Rainier Avenue South 3401 Rainier Avenue South Seattle WA 98144 Prospective 77 Rainier Valley 336 4221 37th Avenue South 4221 37th Avenue South Seattle WA 98118 Prospective 55 Rainier Valley 337 6730 Rainier Avenue South 6730 Rainier Avenue South Seattle WA 98118 Prospective 98 Rainier Valley 338 Columbia City 4050 Martin Luther King Jr Way South Seattle WA 98108 Prospective 80 Rainier Valley 339 Link Mt. Baker 3208 Claremont Avenue South Seattle WA 98144 Prospective 150 Rainier Valley 340 Path Othello Building C 7343 Martin Luther King Jr Way South Seattle WA 98118 Prospective 100 Rainier Valley 341 Path Othello Buildings A & B 7301 Martin Luther King Jr Way South Seattle WA 98118 Prospective 435 Rainier Valley 342 Talus 95 Talus Corporate Way NW Maple Valley WA 98038 Prospective 380 Renton 343 Waynes Place 13850 SE 180th Street Renton WA 98058 Prospective 78 Renton 344 64th Avenue South & West Meeker Street 64th Avenue South & West Meeker Street Kent WA 98032 Prospective 327 Kent 345 Madison Plaza 102 Madison Avenue Kent WA 98032 Prospective 164 Kent 346 Northgate Equitable Transit Oriented Development NEC 1st Avenue NE & NE 100th Street Seattle WA 98125 Prospective 600 North Seattle 347 434 Kirkland Way 434 Kirkland Way Kirkland WA 98033 Prospective 173 Kirkland 348 1029 South Jackson Street 1029 South Jackson Street Seattle WA 98104 Prospective 320 Central 349 12th & Jackson 1032 South Jackson Street Seattle WA 98104 Prospective 280 Central 350 23rd Avenue & East Union Street 2301 East Union Street Seattle WA 98122 Prospective 420 Central 351 Boren Avenue & East Yesler Way SWC Boren Avenue & East Yesler Way Seattle WA 98122 Prospective 290 Central 352 Atlas, The 12901 Newcastle Way Newcastle WA 98056 Prospective 98 Factoria 353 Waynes Place 13850 SE 180th Street Renton WA 98058 Prospective 78 Renton 354 64th Avenue South & West Meeker Street 64th Avenue South & West Meeker Street Kent WA 98032 Prospective 327 Kent 355 Madison Plaza 102 Madison Avenue Kent WA 98032 Prospective 164 Kent 356 Marquee on Meeker Phase II 2030 West Meeker Street Kent WA 98032 Prospective 204 Kent 357 103 South Division Street 103 South Division Street Auburn WA 98001 Prospective 240 Auburn 358 Auburn Senior Living 36 West Main Street Auburn WA 98001 Prospective 161 Auburn 359 8704 Greenwood Avenue North 8704 Greenwood Avenue North Seattle WA 98103 Prospective 100 North Seattle 360 Northgate Equitable Transit Oriented Development NEC 1st Avenue NE & NE 100th Street Seattle WA 98125 Prospective 600 North Seattle 361 434 Kirkland Way 434 Kirkland Way Kirkland WA 98033 Prospective 173 Kirkland 362 1029 South Jackson Street 1029 South Jackson Street Seattle WA 98104 Prospective 320 Central 363 12th & Jackson 1032 South Jackson Street Seattle WA 98104 Prospective 280 Central 364 23rd Avenue & East Union Street 2301 East Union Street Seattle WA 98122 Prospective 420 Central 365 Modera First Hill SWC Boren Avenue & East Yesler Way Seattle WA 98122 Prospective 288 Central 366 Atlas, The 12901 Newcastle Way Newcastle WA 98056 Prospective 98 Factoria 367 Beacon Crossing 2505 Beacon Avenue South Seattle WA 98144 Prospective 97 Beacon Hill 368 Tower Steps 1200 12th Avenue South Seattle WA 98144 Prospective 312 Beacon Hill 369 3235 Rainier Avenue South 3235 Rainier Avenue South Seattle WA 98144 Prospective 112 Rainier Valley 370 3717 South Alaska 3717 South Alaska Street Seattle WA 98118 Prospective 243 Rainier Valley 371 Sunset Terrace Redevelopment Phase II NE Sunset Blvd & Harrington Avenue NE Renton WA 98056 Prospective 226 Renton TOTAL PROSPECTIVE 26,216 TOTAL SEATTLE 72,447 © 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 California, 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