COMPANY OVERVIEW & PROJECT REVIEW THE TEAM PROJECT TEAM

DAVID FLAHERTY MICHAEL COLLINS DERON KINTNER BRANDON BOGAN CARRIE BLASTIC CEO Vice President, General Counsel Vice President, Senior Vice President, Property Management Preconstruction & Design Property Management COMPANY HISTORY

FOUNDED IN 1993 510+ EMPLOYEES

• Full-Service • Award Winning • Most Active, Mixed-Use Multifamily Developer in the Midwest • Top 45 National Developer 2016 - Present Cosmopolitan on the Canal – Indianapolis, IN

• Properties Managed: 72 Cosmopolitan on the Canal – Indianapolis, IN • Units Managed: 11,807 • 7 States • AMO® Designated Company (IREM®)

• Properties Types • Market Rate: 8,706

The Depot at Nickel Plate – Fishers, IN • Affordable: 2,229 SINCE 1993, WE HAVE DEVELOPED, CONSTRUCTED AND/OR MANAGED IN THE FOLLOWING STATES:

• ALABAMA • GEORGIA • ILLINOIS • INDIANA • IOWA • KENTUCKY • MARYLAND • MICHIGAN • MINNESOTA • MISSISSIPPI • MISSOURI • NEBRASKA • NORTH CAROLINA • OHIO CURRENTURRENTPORTFOLIOPORTFOLIO: : • OKLAHOMA • PENNSYLVANIA 72 PROPERTIES • SOUTH CAROLINA • TENNESSEE 11,807 MULTIFAMILY UNITS • TEXAS 256,229 SQ. FT. RETAIL ACROSS • VIRGINIA • WASHINGTON, D.C. 15 SITES 28th Largest Indianapolis-Area Private Companies 2020

14th Top 30 National Development Firms 2020 6th Midwest RE News Best of the Best Developers 2020

27th Top 100 Affordable Developers 2020 PUBLIC PRIVATE PARTNERSHIPS 25 $2.5 Projects Billion ABILITY TO CLOSE 5 $300+ Projects Million

SINCE MARCH 2020 CLEVELAND, COLUMBUS, CINCINNATI - OH LAWRENCEBURG, LAPORTE - IN COMPANY HISTORY Community Empowerment Planning Architecture Urban Design Historic Preservation & Reuse Streetscapes & Parks RELEVANT EXPERIENCE APPROACH TO DEVELOPMENT

1. Partnership 2. Collaboration 3. Not “One Size Fits All” 4. Transparency 5. Open Book 6. Delivery of a Transformational & Catalytic Project COMPLETED PROJECTS

Name Location Total Development # of Units Retail SF Structured Parking Cost Spaces Cosmopolitan on the Canal Indianapolis, IN $38.5 M 218 19,540 345 The Residence at The COR Ramsey, MN $33.875 M 230 6,489 SF N/A Ninety7Fifty on the Park Orland Park, IL $65 M 295 4,200 SF --- The Boulevard at Oakley Cincinnati, OH $39.2 M 452 N/A N/A Station I & II Axis Indianapolis, IN $74.483 M 336 52,586 SF 482 The Heights Linden Square Gladstone, MO $26.333 M 226 10,269 SF N/A The Depot at Nickel Plate Fishers, IN $40.753 M 242 17,410 SF 430 2700 University St. Paul, MN $55 M 248 2,095 SF 219 The Breakwater New Albany, IN $26.6 M 197 1,644 SF N/A 360 Market Square Indianapolis, IN $121 M 292 42,000 SF 550 Union Berkley Riverfront Kansas City, MO $80 M 410 7,025 SF 400 306 Riverfront District Kokomo, IN $32 M 199 4,800 SF N/A The Arbuckle Brownsburg, IN $37.5 M 208 7,665 SF 400 The Mill at Ironworks Plaza Mishawaka, IN $42 M 232 13,560 SF 398 Stonewater at the Riverwalk Elkhart, IN $28 M 205 6,383 SF 71 RiverHaus Covington, KY $42 M 192 3,127 SF 323 The Yards Kansas City, MO $43 M 229 3,200 SF 225 PROJECTS UNDER CONSTRUCTION

Structured Project Name Location Total Development # of Units Retail SF Parking Spaces Cost The Residences at St. Washington, DC $102 M 252 N/A N/A Elizabeths East

4th & Race Cincinnati, OH $80 M 264 23,000 SF 700

The Ascent | Top of the Hill Cleveland Heights, OH $84 M 261 11, 414 SF 500

The Banks LaPorte, IN $40 M 194 5,267 SF N/A

ONE at The Peninsula Columbus, OH $85 M 330 11,911

Whiskey River Lawrenceburg, IN TBD 154 N/A N/A

PROJECTS UNDER DEVELOPMENT

Structured Parking Name Location Total Development Cost # of Units Retail SF Spaces The Annex Tulsa, OK $100 M 240 30,200 SF 500 KC River Market Kansas City, MO $80 M 246 5,000 SF 475

Warren Master Development Warren, MI $170 M TBD 50,000 SF TBD Cleveland Heights, OH • 290 luxury apartments • 550 Garage Parking Spaces • 14,000 SF of Retail ONE AT THE PENINSULA Columbus, OH

$54M Mixed-Use Project 11-stories | 329 units Retail | Hotel \ Grocery Cincinnati, OH

264 Luxury Apartments 700 Parking Garage Spaces 23,000 SF Retail The Boulevard at Oakley Station Cincinnati, OH

452 Luxury Apartments LEED® Certified RiverHaus Covington, KY

187 Luxury Apartments 3,500 SF Retail 314-Space Parking Garage Indianapolis, IN

292 luxury units 40,000 sq. ft. Whole Foods Market 550-space parking garage RELEVANT EXPERIENCE MERCER COMMONS Cincinnati, OH MERCER COMMONS Cincinnati, OH MERCER COMMONS Cincinnati, OH MERCER COMMONS Cincinnati, OH 121 LARCHMERE Cleveland, OH 121 LARCHMERE Cleveland, OH 121 LARCHMERE Cleveland, OH RECENT INITIATIVES

20 MIXED-USE BUILDINGS

1381 UNITS

$199,062,946 IN CONSTRUCTION PROPOSED PROJECT ENGAGEMENT One Development Team: Communicate as a singular team, rich with partnerships

Co-Develop Messaging Let’s figure this out together by working with key partners – supporting City of Cleveland Heights throughout the process Communicate Early & Often Share what decisions have been made and when Start Slow to Build Momentum Work with City of Cleveland Heights to develop a strategy that is founded on gaining and building understanding of the initiative Tell A Big Story Frame how this initiative can help support others – city-wide – and how this collective team will deliver Adapt and Create Fun Engagement Capitalize on COVID restrictions – virtual spaces – site walks and tours – partnering with events APPROACH Neighborhood Compatibility: Promote & enhance the Cedar Lee District

Site & Streetscape Design Reposition Parking Lot #5 as a New Street that connects Cedar Avenue and Tullamore Road Organize circulation to create intuitive pathways between open spaces, front doors and parking Consider the Cedar-Lee Mini-Park as an interface between new homes and the district Ensure new development has a presence along streets that adds to District’s vitality Greenspace & Placemaking New Meadowbrook Park that provides a place of respite for district residents, visitors and businesses Inner courtyards that offer outdoor spaces that are private and friendly Areas for public art and wayfinding that reflect Cleveland Heights Curated series of “moments” that help people navigate and enjoy the spaces Existing Parking Garage Integration Capitalize on previous City of Cleveland Heights investments Integrate the garage into the overall District and further enhance its form

Building Design 4 story buildings that define spaces and streets Dynamic building elevations adding to the animation of Cedar Lee Materials that reflect history while bringing an updated aesthetic SITE PLAN SITE PLAN

TYPICAL FEATURES & AMENITIES

• 9’ CEILINGS • 42” KITCHEN CABINETS • FITNESS CLUB • GRANITE COUNTERTOPS • OUTDOOR COURTYARD • PENDANT LIGHTING • RESORT-STYLE AMENITIES • GRILLING STATION • ROMAN SOAKING TUBS W/ TILE • POOL W/ WET DECK • FIRE PIT(S) SURROUNDS • BIKE SHOP / REPAIR TOOLS • SECURED PARKING • BRUSHED CHROME HARDWARE • PET SPA / BARK PARK • SECURED RESIDENTIAL LOBBY • FRONT LOAD WASHER / DRYER • CO-WORKING SPACE • DEMONSTRATION KITCHEN & DINING AREA • STAINLESS STEEL APPLIANCES • MEDIA LOUNGE • CLUB ROOM • BALCONIES • BILLIARDS • LEASING OFFICE • 2” WINDOW BLINDS TYPICAL DEMOGRAPHICS

• 70% Millennials, 25% Empty Nesters, • 5% Other • 2/3 New Residents to Each City • 1.5x # of Residential Units • Active & Social Lifestyle WHY CHOOSE US?

• Local Expertise & National Experience • Familiarity • Certainty of Execution • Financial Strength • Public / Private Partnership Experience • Long Term Holders / Partners