Oakland New Construction & Proposed Multifamily Projects 4Q19

ID PROPERTY UNITS 1 Atlas 633 2 1721 Webster 247 9 ZO 206 Total Lease Up 1,086

15 Vespr 437 16 Modera Lake Merritt 173 21 Lakeside Lofts, The 79 24 Station on 12th 416 25 1919 Market Street 102 42 1100 Clay Street 288 43 19th & Harrison 224 44 Alta Woodson 140 49 14th & Alice 262 Total Under Construction 2,121

89 1433 Webster 168 Total Planned 168

117 2270 Broadway 223 118 2305 Webster Street 130 119 2401 Broadway 70 126 1331 Harrison 127 127 1750 Broadway 307 128 1888 Martin Luther King Jr. Way 88 129 1900 Broadway 452 130 1904 Adeline Street 50 131 2015 144 132 2016 Telegraph 344 133 2044 Franklin Street 179 137 495 22nd Street Residences 81 138 6th Street & Brush Street 277 143 Kaiser Center Residential Tower 580 146 T5/T6 Phase II 262 147 Webster Street - Mixed-Use 108 189 88 Grand Avenue 275 190 1218 Webster & 1261 Harrison 185 191 1911 Telegraph Avenue 330

Total Prospective 4,212 200 ft Source: Yardi Matrix

LEGEND Lease-Up Under Construction Planned Prospective Oakland New Construction & Proposed Multifamily Projects 4Q19

ID PROPERTY UNITS 3 Durant, The 56 10 Aquatic Fourth Street Phase III 152 11 Jones Berkeley 170 12 Aquatic Fourth Street Phase II 50 Total Lease Up 428

13 Standard at Berkeley, The 331 18 Aquatic Shattuck 78 27 Roost @ Blake, The 84 28 Modera Acheson Commons 205 31 2067 University Avenue 50 39 Addison, The 107 50 Bancroft 60 Total Under Construction 915

60 2072 Addison Street 66 61 Shattuck Terrace Green 274 84 2198 San Pablo Avenue 60 85 2701 Shattuck Avenue 57 86 Logan Park 135 Total Planned 592

111 1740 San Pablo 52 112 1951 Shattuck Avenue 156 179 1200 San Pablo 57 Bayer Corporation 180 1835 San Pablo Avenue 101 181 2015 Blake Street 161 182 2176 Kittredge Street 165 183 2902 Adeline 54 184 Logan Park Phase II 69 185 Residences at Berkeley Plaza, The 302

Total Prospective 1,117 500 ft Source: Yardi Matrix

LEGEND Lease-Up Under Construction Planned Prospective Oakland New Construction & Proposed Multifamily Projects 4Q19

China Camp State Park

Richmond Country Club

ID PROPERTY UNITS 4 Solace Redevelopment 194 Total Lease Up 194

22 San Pablo 50 Total Under Construction 50

52 10135 San Pablo Avenue 72 53 Griffin on San Pablo 223 54 Quarry, The 193 55 Wall Avenue 138 Total Planned 626

92 10919 San Pablo Avenue 92 93 12th Street & MacDonald Avenue 378 94 Avenue Lofts 62 95 Garrity Way 98 96 Hilltop 180 Point Isabel 97 Kearney Street Lofts 71 Regional Shoreline 99 Point Molate 670 Brooks Island Regional Albany 100 Polaris 146 Preserve Mudflats State 177 Mayfair Block 223 Marine Park

Total Prospective 1,920 2000 ft Source: Yardi Matrix

LEGEND Lease-Up Under Construction Planned Prospective Oakland New Construction & Proposed Multifamily Projects 4Q19

ID PROPERTY UNITS 5 Avalon Public Market 289 6 Modera 134 8 Hannah Park 90 Bay Street Emeryville Total Lease Up 513 Mclaughlin Eastshore 19 Anton Edge 91 State Park 20 Broadstone on Broadway Phase I & II 218 23 Jackson London Square Parcel D 333 26 Union, The 110 30 Intersection, The 105 32 MacArthur Station Residences 402 34 Jackson London Square Parcel F2 333 37 3000 Broadway 127 48 Amelia 83 51 5110 Telegraph Avenue 204 Total Under Construction 2,006

64 Sherwin Williams 500 65 LakeHouse Commons 270 66 Madison Street 157 90 Cityspaces 1,032 Total Planned 1,959

120 2600 Telegraph Avenue 221 Middle harbor 121 468 West MacArthur 57 Shorline Park 122 Evolve 186 123 Gateway at Emeryville 244 125 Villas at Auto Row 500 187 5212 Broadway 589 134 20th Street & Wood Street 235 188 5801 Christie Avenue 638 136 325 7th Street 380 192 220 Alice Street 84 139 915 Fallon Street 50 193 2400 Filbert Street 87 144 Mandela Transit Village 495 194 Lake Merritt BART TOD 519 145 San Pablo Avenue 60 195 Phoenix, The 317

148 West Oakland BART Residential 180 Total Prospective 4,842 1000 ft Source: Yardi Matrix

LEGEND Lease-Up Under Construction Planned Prospective Oakland New Construction & Proposed Multifamily Projects 4Q19

ID PROPERTY UNITS 7 Ageno 171 Total Lease Up 171

29 Alexan Downtown Danville 144 Total Under Construction 144

63 2251 San Ramon Valley Blvd 169 76 Stoneridge Shopping Center multi-family 486 77 Legacy at Livermore 221 88 Aspen Wood Senior 95 Total Planned 971

116 City Center 487 159 4038 Croak - Mixed-Residential 573 160 Ashton at Dublin Station 220 161 At Dublin 240 162 Grand View 338 163 St. Patrick's Way 499 164 Arroyo Vista 435 165 Well at Sunset, The 50 201 Lassen Road Townhomes 193

Total Prospective 3,035 1 mi Source: Yardi Matrix

LEGEND Lease-Up Under Construction Planned Prospective Oakland New Construction & Proposed Multifamily Projects 4Q19

Point Edith Wildlife Area Tesoro Golden Browns Island Eagle Refinery

ID PROPERTY UNITS 14 Anton NoMa 135 40 Renaissance Square Phase III 180 41 Almond Knolls 58 47 Avalon Walnut Creek Phase II 200 Total Under Construction 573

56 Choice in Aging Redevelopment 82 57 Clayton Road Townhomes 70 58 North Concord/Martinez BART Station Housing 360 59 Amber Lane 300 62 Rise Walnut Creek 70 83 Bay Point Family 193 87 Walnut Creek Transit Village 596 Total Planned 1,671

102 85 Cleaveland Road 220 103 Concord Community 4,400 104 Concord Community Phase II 8,600 105 Concord Village 230 106 Esperanza at San Marco Village M 318 107 Grant, The 228 108 Anden 320 109 Sorrento Village 93 110 Tuscany Meadows 365 113 2211 Residences, The 52 114 Newell Promenade 102 115 Saranap Village 160 178 Argent, The 181 186 Del Hombre 284

Total Prospective 15,553 1 mi Source: Yardi Matrix

LEGEND Lease-Up Under Construction Planned Prospective Oakland New Construction & Proposed Multifamily Projects 4Q19

ID PROPERTY UNITS 33 Aya 155 35 Legacy at Hayward 97 38 Asher, The 632 45 Embark 524 46 Mission Hills Square 158 Total Under Construction 1,566

Eden Landing 73 Village Green 163 Ecological 74 Lincoln Landing 474 Reserve 75 Windflower Block 2 443 78 37447 & 37463 Fremont Blvd 202 79 3411 Capitol - Mixed-Use 88 80 Bay Rock 248 81 Palmia At Mission Falls 171 82 Serra 179 Coyote Hills 91 Maple & Main Apartments 240 Regional Park Total Planned 2,208

156 Mission Village 72 157 29497 Mission Boulevard 140 158 Mission Blvd & Tennyson Road 91 166 Decoto Road Mixed - Use 299 167 Thornton Villas 54 168 3515 Walnut Avenue 275 169 , The 303 Don Edwards 170 Golden Pines, The 182 Bay National 171 Grimmer Irvington Center 202 Wildlife... 172 Retreat at Warm Springs 328 173 Tech at Warm Springs 336 174 NewPark Mall Mixed Use 1,519 200 SOHAY 72 202 Fremont Boulevard 165

Total Prospective 4,038 1 mi Source: Yardi Matrix

LEGEND Lease-Up Under Construction Planned Prospective Oakland New Construction & Proposed Multifamily Projects 4Q19

Skaggs Island Naval Communication Station

San Pablo Bay Ntional Wildlife Refuge

ID PROPERTY UNITS 17 Casa Dei Vista 245 36 Exchange, The 172 Total Under Construction 417

98 New Cinema Town 640 101 Village, The 751 175 Heritage Commons Phase III 50 176 Nut Tree, The 216

Total Prospective 1,657 2 mi Source: Yardi Matrix

LEGEND Lease-Up Under Construction Planned Prospective Oakland New Construction & Proposed Multifamily Projects 4Q19

Robert W. Crown Memorial State Beach ID PROPERTY UNITS 67 Aero 200 68 Alameda Point Block 11 220 69 899 Alvarado 687 70 Davis at 1188 E 14th Street, The 197 Oakland Arena 71 Parrott Street 62 72 Shoreline Marina 160 Total Planned 1,526

124 High & MacArthur 115 135 3050 International 76 140 98th Avenue & San Leandro Street 104 141 Brooklyn Basin Waterfront Future Phase 2,648 142 Eve's Waterfront Tower 500 149 Alameda Marina Phase II 182 150 Encinal Terminals 589 151 West Midway 291 152 2450 Washington 66 153 Conexion, The 60 Oyster Bay Regional 154 Shoreline Marina Phase II 194 Shoreline 155 SLTC 202 Staging Area 196 Alameda Marina 351 197 Alameda Shipways 329 198 Boatworks Green 182 199 Warehouse 48 380 Total Prospective 6,269 Tony Lema Golf Course 2000 ft Source: Yardi Matrix LEGEND Lease-Up Under Construction Planned Prospective Oakland New Construction and Proposed Multifamily Projects

PERMIT FORECASTED START OF ID PROPERTY NAME ADDRESS CITY STATE ZIP STATUS UNITS SUBMARKET DATE COMPLETION DATE RENT-UP 1 Atlas 385 14th Street Oakland CA 94607 Lease-Up 633 Downtown Oakland 07/23/2018 07/31/2020 01/06/2020 2 1721 Webster 1717 Webster Street Oakland CA 94612 Lease-Up 247 Downtown Oakland 06/19/2018 04/30/2020 12/23/2019 3 Durant, The 2631 Durant Avenue Berkeley CA 94704 Lease-Up 56 Berkeley 04/14/2019 04/30/2020 10/31/2019 4 Solace Redevelopment 3535 El Portal Drive El Sobrante CA 94803 Lease-Up 194 Richmond 11/18/2016 04/30/2020 07/24/2017 5 Avalon Public Market 6301 Shellmound Street Emeryville CA 94608 Lease-Up 289 East Oakland/Oakland Hills 05/01/2017 03/31/2020 04/01/2019 6 Modera Jack London Square 378 Embarcadero West Oakland CA 94607 Lease-Up 134 Downtown Oakland 06/01/2017 02/29/2020 10/01/2019 7 Ageno 1055 Westwind Street Livermore CA 94550 Lease-Up 171 San Ramon - East 06/18/2018 02/29/2020 09/02/2019 8 Hannah Park 2850 Hannah Street Oakland CA 94608 Lease-Up 90 Downtown Oakland 05/28/2018 02/29/2020 08/01/2019 9 ZO 330 17th Street Oakland CA 94612 Lease-Up 206 Downtown Oakland 05/15/2017 02/29/2020 04/30/2019 10 Aquatic Fourth Street Phase III 2010 5th Street Berkeley CA 94710 Lease-Up 152 Berkeley 11/15/2016 02/29/2020 05/07/2018 11 Jones Berkeley 1080 Jones Street Berkeley CA 94710 Lease-Up 170 Berkeley 07/16/2018 01/31/2020 01/15/2020 12 Aquatic Fourth Street Phase II 2010 Fifth Street Berkeley CA 94710 Lease-Up 50 Berkeley 03/01/2016 01/31/2020 03/14/2017 Total Lease-Up 2,392 13 Standard at Berkeley, The 2580 Bancroft Way Berkeley CA 94704 Under Construction 331 Berkeley 01/06/2020 10/31/2021 14 Anton NoMa 1910 North Main Street Walnut Creek CA 94596 Under Construction 135 Walnut Creek / Lafayette 12/01/2019 10/31/2021 15 Vespr 277 27th Street Oakland CA 94612 Under Construction 437 East Oakland/Oakland Hills 08/11/2019 06/30/2021 16 Modera Lake Merritt 1940 Webster Street Oakland CA 94612 Under Construction 173 Downtown Oakland 11/03/2019 03/31/2021 17 Casa Dei Vista Allison Drive & Travis Way Vacaville CA 95687 Under Construction 245 Vacaville 10/08/2019 12/31/2020 18 Aquatic Shattuck 2628 Shattuck Avenue Berkeley CA 94704 Under Construction 78 Berkeley 12/15/2019 12/31/2020 19 Anton Edge 295 29th Street Oakland CA 94611 Under Construction 91 East Oakland/Oakland Hills 11/04/2019 11/30/2020 20 Broadstone on Broadway Phase I & II 2800 Broadway Oakland CA 94611 Under Construction 218 East Oakland/Oakland Hills 11/20/2018 11/30/2020 21 Lakeside Lofts, The 250 14th Street Oakland CA 94612 Under Construction 79 Downtown Oakland 07/19/2019 11/30/2020 22 San Pablo 10963 San Pablo Avenue El Cerrito CA 94530 Under Construction 50 Richmond 10/21/2019 10/31/2020 23 Jackson London Square Parcel D Broadway & Embarcadero West Oakland CA 94607 Under Construction 333 Downtown Oakland 10/10/2018 10/31/2020 24 Station on 12th 301 12th Street Oakland CA 94607 Under Construction 416 Downtown Oakland 11/20/2018 09/30/2020 25 1919 Market Street 1919 Market Street Oakland CA 94607 Under Construction 102 Downtown Oakland 06/24/2019 08/31/2020 26 Union, The 532 Union Street Oakland CA 94607 Under Construction 110 Downtown Oakland 05/20/2019 08/31/2020 27 Roost @ Blake, The 2035 Blake Street Berkeley CA 94704 Under Construction 84 Berkeley 10/07/2019 08/31/2020 28 Modera Acheson Commons 2145 University Avenue Berkeley CA 94704 Under Construction 205 Berkeley 03/01/2019 07/31/2020 29 Alexan Downtown Danville 379 Diablo Road Danville CA 94526 Under Construction 144 San Ramon - West / Danville 04/22/2019 07/31/2020

Source: Yardi Matrix Oakland New Construction and Proposed Multifamily Projects

PERMIT FORECASTED START OF ID PROPERTY NAME ADDRESS CITY STATE ZIP STATUS UNITS SUBMARKET DATE COMPLETION DATE RENT-UP 30 Intersection, The 3800 San Pablo Avenue Emeryville CA 94608 Under Construction 105 East Oakland/Oakland Hills 06/01/2015 06/30/2020 31 2067 University Avenue 2067 University Avenue Berkeley CA 94704 Under Construction 50 Berkeley 07/19/2019 06/30/2020 32 MacArthur Station Residences 532 39th Street Oakland CA 94609 Under Construction 402 East Oakland/Oakland Hills 10/16/2018 06/30/2020 33 Aya 4325 Innovation Way Fremont CA 94538 Under Construction 155 East Fremont 07/09/2018 06/30/2020 34 Jackson London Square Parcel F2 40 Harrison Street Oakland CA 94607 Under Construction 333 Downtown Oakland 09/15/2018 05/31/2020 35 Legacy at Hayward 28168 Mission Blvd Hayward CA 94544 Under Construction 97 Union City 05/01/2019 05/31/2020 36 Exchange, The Bayfront Blvd & John Muir Pkwy Hercules CA 94547 Under Construction 172 Richmond 11/05/2018 04/30/2020 37 3000 Broadway 3000 Broadway Oakland CA 94611 Under Construction 127 East Oakland/Oakland Hills 12/12/2018 04/30/2020 38 Asher, The 1031 Walnut Avenue Fremont CA 94536 Under Construction 632 East Fremont 03/19/2018 04/30/2020 39 Addison, The 1950 Addison Street Berkeley CA 94704 Under Construction 107 Berkeley 01/17/2018 04/30/2020 40 Renaissance Square Phase III 1825 Galindo Street Concord CA 94520 Under Construction 180 Concord 12/31/2016 03/31/2020 41 Almond Knolls 10 Worrell Road Antioch CA 94509 Under Construction 58 Antioch / Oakley 12/02/2018 03/31/2020 42 1100 Clay Street 1100 Clay Street Oakland CA 94607 Under Construction 288 Downtown Oakland 10/16/2018 03/31/2020 43 19th & Harrison 301 19th Street Oakland CA 94612 Under Construction 224 Downtown Oakland 12/01/2017 03/31/2020 44 Alta Woodson 625 16th Street Oakland CA 94612 Under Construction 140 Downtown Oakland 06/29/2018 03/31/2020 45 Embark 44762 Old Warm Springs Blvd Fremont CA 94538 Under Construction 524 East Fremont 07/30/2018 03/31/2020 46 Mission Hills Square 2501 Cormack Road Fremont CA 94539 Under Construction 158 East Fremont 08/01/2018 02/29/2020 47 Avalon Walnut Creek Phase II 1001 Harvey Drive Walnut Creek CA 94597 Under Construction 200 Pleasant Hill / Martinez 08/04/2018 01/31/2020 48 Amelia 401 29th Street Oakland CA 94609 Under Construction 83 East Oakland/Oakland Hills 08/01/2018 01/31/2020 49 14th & Alice 226 13th Street Oakland CA 94612 Under Construction 262 Downtown Oakland 06/11/2018 01/31/2020 50 Bancroft 2121 Durant Avenue Berkeley CA 94704 Under Construction 60 Berkeley 07/23/2018 01/31/2020 51 5110 Telegraph Avenue 5110 Telegraph Avenue Oakland CA 94609 Under Construction 204 East Oakland/Oakland Hills 08/17/2018 01/31/2020 Total Under Construction 7,792 52 10135 San Pablo Avenue 10135 San Pablo Avenue El Cerrito CA 94530 Planned 72 Richmond 53 Griffin on San Pablo 11060 San Pablo Avenue El Cerrito CA 94530 Planned 223 Richmond 54 Quarry, The 1135 Canal Blvd Richmond CA 94804 Planned 193 Richmond 55 Wall Avenue 11795 San Pablo Avenue El Cerrito CA 94530 Planned 138 Richmond 56 Choice in Aging Redevelopment 490 Golf Club Road Pleasant Hill CA 94523 Planned 82 Pleasant Hill / Martinez 57 Clayton Road Townhomes 3512 Clayton Road Concord CA 94519 Planned 70 Concord 58 North Concord/Martinez BART Station Housing 3700 Port Chicago Hwy Concord CA 94520 Planned 360 Concord

Source: Yardi Matrix Oakland New Construction and Proposed Multifamily Projects

PERMIT FORECASTED START OF ID PROPERTY NAME ADDRESS CITY STATE ZIP STATUS UNITS SUBMARKET DATE COMPLETION DATE RENT-UP 59 Amber Lane 2255 Amber Lane Brentwood CA 94513 Planned 300 Antioch / Oakley 60 2072 Addison Street 2072 Addison Street Berkeley CA 94704 Planned 66 Berkeley 61 Shattuck Terrace Green 2190 Shattuck Avenue Berkeley CA 94704 Planned 274 Berkeley 62 Rise Walnut Creek 1380 North Blvd Walnut Creek CA 94596 Planned 70 Walnut Creek / Lafayette 63 2251 San Ramon Valley Blvd 2251 San Ramon Valley Blvd San Ramon CA 94583 Planned 169 San Ramon - West / Danville 64 Sherwin Williams 1450 Sherwin Avenue Emeryville CA 94608 Planned 500 East Oakland/Oakland Hills 65 LakeHouse Commons 101 East 12th Street Oakland CA 94606 Planned 270 Downtown Oakland 66 Madison Street 412 Madison Street Oakland CA 94607 Planned 157 Downtown Oakland 67 Aero NWC Orion Street & West Seaplane Lagoon Avenue Alameda CA 94501 Planned 200 Alameda 68 Alameda Point Block 11 NEC Ferry Point & West Seaplane Lagoon Avenue Alameda CA 94501 Planned 220 Alameda 69 899 Alvarado 899 Alvarado Street San Leandro CA 94577 Planned 687 San Leandro 70 Davis at 1188 E 14th Street, The 1188 East 14th Street San Leandro CA 94577 Planned 197 San Leandro 71 Parrott Street 1604 San Leandro Blvd San Leandro CA 94577 Planned 62 San Leandro 72 Shoreline Marina 60 Monarch Bay Drive San Leandro CA 94577 Planned 160 San Leandro 73 Village Green Hesperian Blvd & Paseo Grande San Lorenzo CA 94580 Planned 163 San Lorenzo 74 Lincoln Landing 22301 Foothill Blvd Hayward CA 94541 Planned 474 Hayward 75 Windflower Block 2 34302 11th Street Union City CA 94587 Planned 443 Union City 76 Stoneridge Shopping Center multi-family 1 Stoneridge Mall Road Pleasanton CA 94588 Planned 486 Pleasanton 77 Legacy at Livermore 1934 1st Street Livermore CA 94550 Planned 221 Livermore 78 37447 & 37463 Fremont Blvd 37447 Fremont Blvd Fremont CA 94536 Planned 202 West Fremont 79 3411 Capitol - Mixed-Use 3411 Capitol Avenue Fremont CA 94538 Planned 88 East Fremont 80 Bay Rock 39176 Fremont Blvd Fremont CA 94538 Planned 248 East Fremont 81 Palmia At Mission Falls 47201 Mission Falls Court Fremont CA 94539 Planned 171 East Fremont 82 Serra 42000 Osgood Road Fremont CA 94539 Planned 179 East Fremont 83 Bay Point Family NEC Port Chicago Hwy & Willow Pass Road Martinez CA 94519 Planned 193 Concord 84 2198 San Pablo Avenue 2198 San Pablo Avenue Berkeley CA 94702 Planned 60 Berkeley 85 2701 Shattuck Avenue 2701 Shattuck Avenue Berkeley CA 94705 Planned 57 Berkeley 86 Logan Park 2352 Shattuck Avenue Berkeley CA 94704 Planned 135 Berkeley 87 Walnut Creek Transit Village 200 Ygnacio Valley Road Walnut Creek CA 94596 Planned 596 Walnut Creek / Lafayette 88 Aspen Wood Senior 9000 Alcosta Blvd San Ramon CA 94583 Planned 95 San Ramon - West / Danville

Source: Yardi Matrix Oakland New Construction and Proposed Multifamily Projects

PERMIT FORECASTED START OF ID PROPERTY NAME ADDRESS CITY STATE ZIP STATUS UNITS SUBMARKET DATE COMPLETION DATE RENT-UP 89 1433 Webster 1433 Webster Street Oakland CA 94612 Planned 168 Downtown Oakland 90 Cityspaces 500 Kirkham Street Oakland CA 94607 Planned 1,032 Downtown Oakland 91 Maple & Main Apartments 22455 Maple Court Hayward CA 94541 Planned 240 Hayward Total Planned 9,721 92 10919 San Pablo Avenue 10919 San Pablo Avenue El Cerrito CA 94530 Prospective 92 Richmond 93 12th Street & MacDonald Avenue 12th Street & MacDonald Avenue Richmond CA 94801 Prospective 378 Richmond 94 Avenue Lofts 10167 San Pablo Avenue El Cerrito CA 94530 Prospective 62 Richmond 95 Garrity Way 3151 Garrity Way Richmond CA 94806 Prospective 98 Richmond 96 Hilltop 3080 Hilltop Mall Road San Pablo CA 94806 Prospective 180 Richmond 97 Kearney Street Lofts 921 Kearney Street El Cerrito CA 94530 Prospective 71 Richmond 98 New Cinema Town John Muir Pkwy & San Pablo Avenue Hercules CA 94547 Prospective 640 Richmond 99 Point Molate Grays Circle & Stenmark Drive Richmond CA 94801 Prospective 670 Richmond 100 Polaris 11965 San Pablo Avenue El Cerrito CA 94530 Prospective 146 Richmond 101 Village, The Railroad Avenue & Sycamore Avenue Hercules CA 94547 Prospective 751 Richmond 102 85 Cleaveland Road 85 Cleaveland Road Pleasant Hill CA 94523 Prospective 220 Pleasant Hill / Martinez 103 Concord Community 10 Delta Street Concord CA 94520 Prospective 4,400 Concord 104 Concord Community Phase II 10 Delta Street Concord CA 94520 Prospective 8,600 Concord 105 Concord Village 2400 Salvio Street Concord CA 94520 Prospective 230 Concord 106 Esperanza at San Marco Village M San Marco Blvd & West Leland Road Pittsburg CA 94565 Prospective 318 Concord 107 Grant, The 1738 Grant Street Concord CA 94520 Prospective 228 Concord 108 Anden Sand Creek Road & Shady Willow Lane Brentwood CA 94513 Prospective 320 Antioch / Oakley 109 Sorrento Village James Donlon Blvd & Somersville Road Antioch CA 94509 Prospective 93 Antioch / Oakley 110 Tuscany Meadows Buchanan Road & Somersville Road Antioch CA 94509 Prospective 365 Antioch / Oakley 111 1740 San Pablo 1740 San Pablo Avenue Berkeley CA 94702 Prospective 52 Berkeley 112 1951 Shattuck Avenue 1951 Shattuck Avenue Berkeley CA 94704 Prospective 156 Berkeley 113 2211 Residences, The 2211 North Main Street Walnut Creek CA 94596 Prospective 52 Walnut Creek / Lafayette 114 Newell Promenade 1536 Newell Avenue Walnut Creek CA 94596 Prospective 102 Walnut Creek / Lafayette 115 Saranap Village Boulevard Way & Saranap Avenue Walnut Creek CA 94595 Prospective 160 Walnut Creek / Lafayette 116 City Center Bollinger Canyon Road & Camino Ramon San Ramon CA 94583 Prospective 487 San Ramon - West / Danville 117 2270 Broadway 2270 Broadway Oakland CA 94612 Prospective 223 East Oakland/Oakland Hills

Source: Yardi Matrix Oakland New Construction and Proposed Multifamily Projects

PERMIT FORECASTED START OF ID PROPERTY NAME ADDRESS CITY STATE ZIP STATUS UNITS SUBMARKET DATE COMPLETION DATE RENT-UP 118 2305 Webster Street 2305 Webster Street Oakland CA 94612 Prospective 130 East Oakland/Oakland Hills 119 2401 Broadway 2401 Broadway Oakland CA 94612 Prospective 70 East Oakland/Oakland Hills 120 2600 Telegraph Avenue 2600 Telegraph Avenue Oakland CA 94612 Prospective 221 East Oakland/Oakland Hills 121 468 West MacArthur 468 West MacArthur Blvd Oakland CA 94609 Prospective 57 East Oakland/Oakland Hills 122 Evolve 6701 Shellmound Street Emeryville CA 94608 Prospective 186 East Oakland/Oakland Hills 123 Gateway at Emeryville 5850 Shellmound Way Emeryville CA 94608 Prospective 244 East Oakland/Oakland Hills 124 High & MacArthur 4317 MacArthur Blvd Oakland CA 94619 Prospective 115 East Oakland/Oakland Hills 125 Villas at Auto Row 2740 Broadway Oakland CA 94612 Prospective 500 East Oakland/Oakland Hills 126 1331 Harrison 1331 Harrison Street Oakland CA 94612 Prospective 127 Downtown Oakland 127 1750 Broadway 1750 Broadway Oakland CA 94612 Prospective 307 Downtown Oakland 128 1888 Martin Luther King Jr. Way 1888 Martin Luther King Jr. Way Oakland CA 94607 Prospective 88 Downtown Oakland 129 1900 Broadway 1900 Broadway Oakland CA 94612 Prospective 452 Downtown Oakland 130 1904 Adeline Street 1904 Adeline Street Oakland CA 94607 Prospective 50 Downtown Oakland 131 2015 Telegraph Avenue 2015 Telegraph Avenue Oakland CA 94612 Prospective 144 Downtown Oakland 132 2016 Telegraph 2016 Telegraph Avenue Oakland CA 94612 Prospective 344 Downtown Oakland 133 2044 Franklin Street 2044 Franklin Street Oakland CA 94612 Prospective 179 Downtown Oakland 134 20th Street & Wood Street 2011 Wood Street Oakland CA 94607 Prospective 235 Downtown Oakland 135 3050 International 3050 International Blvd Oakland CA 94601 Prospective 76 Downtown Oakland 136 325 7th Street 325 7th Street Oakland CA 94607 Prospective 380 Downtown Oakland 137 495 22nd Street Residences 495 22nd Street Oakland CA 94612 Prospective 81 Downtown Oakland 138 6th Street & Brush Street 6th Street & Brush Street Oakland CA 94607 Prospective 277 Downtown Oakland 139 915 Fallon Street 915 Fallon Street Oakland CA 94607 Prospective 50 Downtown Oakland 140 98th Avenue & San Leandro Street 98th Avenue & San Leandro Street Oakland CA 94603 Prospective 104 Downtown Oakland 141 Brooklyn Basin Waterfront Future Phase 845 Embarcadero Oakland CA 94606 Prospective 2,648 Downtown Oakland 142 Eve's Waterfront Tower 15 Embarcadero West Oakland CA 94607 Prospective 500 Downtown Oakland 143 Kaiser Center Residential Tower 300 Lakeside Drive Oakland CA 94612 Prospective 580 Downtown Oakland 144 Mandela Transit Village 1357 5th Street Oakland CA 94607 Prospective 495 Downtown Oakland 145 San Pablo Avenue 3431 San Pablo Avenue Oakland CA 94608 Prospective 60 Downtown Oakland 146 T5/T6 Phase II 11th Street & Clay Street Oakland CA 94607 Prospective 262 Downtown Oakland 147 Webster Street - Mixed-Use 1736 Franklin Street Oakland CA 94612 Prospective 108 Downtown Oakland

Source: Yardi Matrix Oakland New Construction and Proposed Multifamily Projects

PERMIT FORECASTED START OF ID PROPERTY NAME ADDRESS CITY STATE ZIP STATUS UNITS SUBMARKET DATE COMPLETION DATE RENT-UP 148 West Oakland BART Residential 7th Street & Chester Street Oakland CA 94607 Prospective 180 Downtown Oakland 149 Alameda Marina Phase II 1815 Clement Avenue Alameda CA 94501 Prospective 182 Alameda 150 Encinal Terminals 1521 Buena Vista Avenue Alameda CA 94501 Prospective 589 Alameda 151 West Midway Orion Street & West Tower Avenue Alameda CA 94501 Prospective 291 Alameda 152 2450 Washington 2450 Washington Avenue San Leandro CA 94577 Prospective 66 San Leandro 153 Conexion, The 1693 Washington Avenue San Leandro CA 94577 Prospective 60 San Leandro 154 Shoreline Marina Phase II 60 Monarch Bay Drive San Leandro CA 94577 Prospective 194 San Leandro 155 SLTC 601 Parrott Street San Leandro CA 94577 Prospective 202 San Leandro 156 Mission Village 411 Industrial Pkwy Hayward CA 94544 Prospective 72 Hayward 157 29497 Mission Boulevard 29497 Mission Blvd Hayward CA 94541 Prospective 140 Union City 158 Mission Blvd & Tennyson Road 29212 Mission Blvd Hayward CA 94544 Prospective 91 Union City 159 4038 Croak - Mixed-Residential 4038 Croak Road Pleasanton CA 94588 Prospective 573 Dublin 160 Ashton at Dublin Station 5200 DeMarcus Blvd Dublin CA 94568 Prospective 220 Dublin 161 At Dublin SEC Dublin Blvd & Tassajara Road Dublin CA 94568 Prospective 240 Dublin 162 Grand View Dublin Blvd & Fallon Road Dublin CA 94568 Prospective 338 Dublin 163 St. Patrick's Way 6700 Golden Gate Drive Dublin CA 94568 Prospective 499 Dublin 164 Arroyo Vista 4696 Bennett Drive Livermore CA 94551 Prospective 435 Livermore 165 Well at Sunset, The 1202 Concannon Blvd Livermore CA 94550 Prospective 50 Livermore 166 Decoto Road Mixed - Use 4178 Decoto Road Fremont CA 94555 Prospective 299 West Fremont 167 Thornton Villas 3900 Thornton Avenue Fremont CA 94536 Prospective 54 West Fremont 168 3515 Walnut Avenue 3515 Walnut Avenue Fremont CA 94538 Prospective 275 East Fremont 169 Fremont Hub, The 4020 Fremont Hub Fremont CA 94538 Prospective 303 East Fremont 170 Golden Pines, The 43450 Sabercat Road Fremont CA 94539 Prospective 182 East Fremont 171 Grimmer Irvington Center 40645 Fremont Blvd Fremont CA 94538 Prospective 202 East Fremont 172 Retreat at Warm Springs 3301 Innovation Way Fremont CA 94538 Prospective 328 East Fremont 173 Tech at Warm Springs SEC Innovation Way & Wisdom Way Fremont CA 94539 Prospective 336 East Fremont 174 NewPark Mall Mixed Use 2086 Newpark Mall Road Newark CA 94560 Prospective 1,519 Newark 175 Heritage Commons Phase III 191 Heritage Lane Dixon CA 95620 Prospective 50 Vacaville 176 Nut Tree, The East Monte Vista Avenue & Nut Tree Road Vacaville CA 95688 Prospective 216 Vacaville 177 Mayfair Block 11600 San Pablo Avenue El Cerrito CA 94530 Prospective 223 Richmond

Source: Yardi Matrix Oakland New Construction and Proposed Multifamily Projects

PERMIT FORECASTED START OF ID PROPERTY NAME ADDRESS CITY STATE ZIP STATUS UNITS SUBMARKET DATE COMPLETION DATE RENT-UP 178 Argent, The 2400 Willow Pass Road Concord CA 94519 Prospective 181 Concord 179 1200 San Pablo 1200 San Pablo Avenue Berkeley CA 94706 Prospective 57 Berkeley 180 1835 San Pablo Avenue 1835 San Pablo Avenue Berkeley CA 94702 Prospective 101 Berkeley 181 2015 Blake Street 2015 Blake Street Berkeley CA 94704 Prospective 161 Berkeley 182 2176 Kittredge Street 2176 Kittredge Street Berkeley CA 94704 Prospective 165 Berkeley 183 2902 Adeline 2902 Adeline Street Berkeley CA 94703 Prospective 54 Berkeley 184 Logan Park Phase II 2352 Shattuck Avenue Berkeley CA 94704 Prospective 69 Berkeley 185 Residences at Berkeley Plaza, The 2211 Harold Way Berkeley CA 94704 Prospective 302 Berkeley 186 Del Hombre 112 Roble Road Walnut Creek CA 94597 Prospective 284 Walnut Creek / Lafayette 187 5212 Broadway 5212 Broadway Oakland CA 94618 Prospective 589 East Oakland/Oakland Hills 188 5801 Christie Avenue 5801 Christie Avenue Emeryville CA 94608 Prospective 638 East Oakland/Oakland Hills 189 88 Grand Avenue 88 Grand Avenue Oakland CA 94612 Prospective 275 East Oakland/Oakland Hills 190 1218 Webster & 1261 Harrison 1261 Harrison Street Oakland CA 94612 Prospective 185 Downtown Oakland 191 1911 Telegraph Avenue 1911 Telegraph Avenue Oakland CA 94612 Prospective 330 Downtown Oakland 192 220 Alice Street 220 Alice Street Oakland CA 94607 Prospective 84 Downtown Oakland 193 2400 Filbert Street 2400 Filbert Street Oakland CA 94607 Prospective 87 Downtown Oakland 194 Lake Merritt BART TOD 98 8th Street Oakland CA 94607 Prospective 519 Downtown Oakland 195 Phoenix, The 801 Pine Street Oakland CA 94607 Prospective 317 Downtown Oakland 196 Alameda Marina 1815 Clement Avenue Alameda CA 94501 Prospective 351 Alameda 197 Alameda Shipways 1100 Marina Village Pkwy Alameda CA 94501 Prospective 329 Alameda 198 Boatworks Green 2229 Clement Street Alameda CA 94501 Prospective 182 Alameda 199 Warehouse 48 1501 Buena Vista Avenue Alameda CA 94501 Prospective 380 Alameda 200 SOHAY 29504 Dixon Street Hayward CA 94544 Prospective 72 Union City 201 Lassen Road Townhomes Lassen Road & Springtown Blvd Livermore CA 94551 Prospective 193 Livermore 202 Fremont Boulevard 37412 Fremont Blvd Fremont CA 94536 Prospective 165 West Fremont Total Prospective 42,643 TOTAL OAKLAND 62,548

© 2019 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. Source: Yardi Matrix 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. The information and details contained within this report have been obtained from a third-party and believed to be accurate; however, Berkadia has not independently verified its accuracy. Date of survey: January 2020