Oakland New Construction & Proposed Multifamily Projects 1Q18

ID PROPERTY UNITS 1 Alta Waverly 196 5 2 4th & Madison 330 33 3 Alexan Webster, The 233 34 4 Brooklyn Basin Waterfront 3,100 42 5 MacArthur Commons 385 66 6 21st Street 78 7 7 Hollis Street Lofts 124 8 Modera 134 9 2630 Broadway 256 27 10 Hanover Northgate 224 11 1700 Webster Street 206 12 3093 Broadway 435 54 12 13 Broadway, The 254 32 18 14 Alice Street 74 26 15 Baxter on Broadway 130 19 Total Under Construction 6,159 15 16 2538 Telegraph 97 45 16 17 277 27th 437 9 18 3000 Broadway 127 41 19 Broadstone on Broadway Phase I & II 218 40 10 17 20 Melrose Lofts 60 24 21 1314 Franklin Street 634 39 3 1 6 57 22 13th Street 262 61 73 23 1721 Webster 250 50 51 52 24 1919 Market Street 102 72 25 19th Street BART Station 224 49 26 20th Street & Wood Street 235 47 48 27 2850 Hannah St 90 28 23 25 28 Alta Woodson 140 13 29 Jackson London Square Parcel D 135 11 14 63 71 30 Jackson London Square Parcel F2 338 36 68 31 T5/T6 288 65 31 21 46 53 32 5110 Telegraph Avenue 204 67 33 MacArthur Station at 402 58 70 22 BART Transit Village Parcel B 55 34 MacArthur Station at 402 BART Transit Village Parcels A & C1 35 Fruitvale Transit Village Phase II-A 94 29 8 36 Hub, The 417 2 56 59 37 37 LakeHouse Commons 270 30 64 Total Planned 5,426 38 10550 International Blvd Housing 360 39 2270 Broadway 223 4 43 40 2305 Webster Street 130 41 2401 Broadway 70 42 468 West MacArthur 57 43 High & MacArthur 115 Oak Knoll Redevelopment & 44 Reuse of Naval Hospital 491 45 Villas at Auto Row 500 62 46 1331 Harrison 166 35 47 1518 Martin Luther King Jr 140 48 1750 Broadway 307 20 49 1900 Broadway 345 50 2015 Telegraph Avenue 144 44 51 2016 Telegraph 230 52 2044 Franklin Street 179 53 250 14th Street 79 54 2715 Adeline Street 111 55 301 12th Street 416 56 325 7th Street 160 57 495 22nd Street Residences 81 58 6th Street & Brush Street 277 59 915 Fallon Street 50 60 98th Avenue & San Leandro Street 104 61 9th Street & Pine Street 300 62 Fruitvale BART Transit Village Phase II B 181 63 Hub Phase II, The 979 64 Madison Street 294 65 Mandela Transit Village 495 66 San Pablo Avenue 60 67 T5/T6 Phase II 262 60 69 38 68 Union, The 110 LEGEND 69 105th Avenue 529 Lease-Up 70 1218 Webster & 1261 Harrison 185 Under Construction 71 1433 Webster 179 72 1911 Telegraph Avenue 330 Planned 73 Eastline 388 Prospective Total Prospective 9,027 1 mi Source: Yardi Matrix

a Berkshire Hathaway and Leucadia National company Oakland New Construction & Proposed Multifamily Projects

FORECASTED ID PROPERTY NAME ADDRESS CITY STATE ZIP STATUS UNITS SUBMARKET PERMIT DATE COMPLETION DATE START OF RENT-UP 1 Alta Waverly 2302 Valdez Street Oakland CA 94612 Under Construction 196 East Oakland/Oakland Hills 06/01/2016 06/30/2019

2 4th & Madison NEC 4th Street & Jackson Street Oakland CA 94607 Under Construction 330 02/28/2017 06/30/2019

3 Alexan Webster, The 2315 Valdez Street Oakland CA 94612 Under Construction 233 East Oakland/Oakland Hills 10/23/2017 06/30/2019

4 Brooklyn Basin Waterfront 845 Embarcadero Oakland CA 94606 Under Construction 3,100 Downtown Oakland 10/20/2017 05/31/2019

5 MacArthur Commons 3888 Turquoise Way Oakland CA 94609 Under Construction 385 East Oakland/Oakland Hills 03/28/2017 03/31/2019

6 21st Street 570 21st Street Oakland CA 94612 Under Construction 78 Downtown Oakland 01/04/2018 03/31/2019

7 Hollis Street Lofts 3250 Hollis Street Oakland CA 94608 Under Construction 124 Downtown Oakland 05/24/2017 03/31/2019

8 Modera Jack London Square 377 2nd Street Oakland CA 94607 Under Construction 134 Downtown Oakland 06/01/2017 03/31/2019

9 2630 Broadway 2630 Broadway Oakland CA 94612 Under Construction 256 East Oakland/Oakland Hills 04/18/2017 02/28/2019

10 Hanover Northgate 2400 Valdez Street Oakland CA 94612 Under Construction 224 East Oakland/Oakland Hills 06/13/2017 02/28/2019

11 1700 Webster Street 1700 Webster Street Oakland CA 94612 Under Construction 206 Downtown Oakland 05/15/2017 02/28/2019

12 3093 Broadway 3093 Broadway Oakland CA 94611 Under Construction 435 East Oakland/Oakland Hills 08/31/2016 12/31/2018

13 Broadway, The 447 17th Street Oakland CA 94612 Under Construction 254 Downtown Oakland 08/21/2017 11/30/2018

14 Alice Street 250 17th Street Oakland CA 94612 Under Construction 74 Downtown Oakland 06/01/2017 09/30/2018

15 Baxter on Broadway 4901 Broadway Oakland CA 94611 Under Construction 130 East Oakland/Oakland Hills 11/09/2015 05/31/2018

TOTAL UNDER CONSTRUCTION 6,159

16 2538 Telegraph 2538 Telegraph Avenue Oakland CA 94612 Planned 97 East Oakland/Oakland Hills

17 277 27th 277 27th Street Oakland CA 94612 Planned 437 East Oakland/Oakland Hills

18 3000 Broadway 3000 Broadway Oakland CA 94611 Planned 127 East Oakland/Oakland Hills

19 Broadstone on Broadway Phase I & II 2820 Broadway Oakland CA 94611 Planned 218 East Oakland/Oakland Hills

20 Melrose Lofts 1638 47th Avenue Oakland CA 94601 Planned 60 East Oakland/Oakland Hills

21 1314 Franklin Street 1314 Franklin Street Oakland CA 94612 Planned 634 Downtown Oakland

22 13th Street 226 13th Street Oakland CA 94612 Planned 262 Downtown Oakland

23 1721 Webster 1717 Webster Street Oakland CA 94612 Planned 250 Downtown Oakland

24 1919 Market Street 1919 Market Street Oakland CA 94607 Planned 102 Downtown Oakland

25 19th Street BART Station 301 19th Street Oakland CA 94612 Planned 224 Downtown Oakland

26 20th Street & Wood Street 2011 Wood Street Oakland CA 94607 Planned 235 Downtown Oakland

27 2850 Hannah St 2850 Hannah Street Oakland CA 94608 Planned 90 Downtown Oakland

28 Alta Woodson 625 15th Street Oakland CA 94612 Planned 140 Downtown Oakland

29 Jackson London Square Parcel D Broadway & Embarcadero West Oakland CA 94607 Planned 135 Downtown Oakland

30 Jackson London Square Parcel F2 Alice Street & Embarcadero West Oakland CA 94607 Planned 338 Downtown Oakland

31 T5/T6 1100 Clay Street Oakland CA 94612 Planned 288 Downtown Oakland

32 5110 Telegraph Avenue 5110 Telegraph Avenue Oakland CA 94609 Planned 204 East Oakland/Oakland Hills

33 MacArthur Station at BART Transit Village Parcel B 532 Turquoise Street Oakland CA 94609 Planned 402 East Oakland/Oakland Hills

34 MacArthur Station at BART Transit Village Parcels A & C1 555 40th Street Oakland CA 94609 Planned 402 East Oakland/Oakland Hills

35 Fruitvale Transit Village Phase II-A SWC East 12th Street & 37th Avenue Oakland CA 94601 Planned 94 Downtown Oakland

36 Hub, The 500 Kirkham Street Oakland CA 94607 Planned 417 Downtown Oakland

37 LakeHouse Commons East 12th Street & Blvd Oakland CA 94606 Planned 270 Downtown Oakland

TOTAL PLANNED 5,426

38 10550 International Blvd Housing 10550 International Blvd Oakland CA 94603 Prospective 360 East Oakland/Oakland Hills

39 2270 Broadway 2270 Broadway Oakland CA 94612 Prospective 223 East Oakland/Oakland Hills

40 2305 Webster Street 2305 Webster Street Oakland CA 94612 Prospective 130 East Oakland/Oakland Hills

41 2401 Broadway 2401 Broadway Oakland CA 94612 Prospective 70 East Oakland/Oakland Hills

42 468 West MacArthur 468 West MacArthur Blvd Oakland CA 94609 Prospective 57 East Oakland/Oakland Hills

43 High & MacArthur 4317 MacArthur Blvd Oakland CA 94612 Prospective 115 East Oakland/Oakland Hills

44 Oak Knoll Redevelopment & Reuse of Naval Hospital 8750 Mountain Blvd Oakland CA 94611 Prospective 491 East Oakland/Oakland Hills

45 Villas at Auto Row 2740 Broadway Oakland CA 94612 Prospective 500 East Oakland/Oakland Hills

Source: Yardi Matrix Oakland New Construction & Proposed Multifamily Projects

FORECASTED ID PROPERTY NAME ADDRESS CITY STATE ZIP STATUS UNITS SUBMARKET PERMIT DATE COMPLETION DATE START OF RENT-UP 46 1331 Harrison 1331 Harrison Street Oakland CA 94612 Prospective 166 Downtown Oakland

47 1518 Martin Luther King Jr 1518 Martin Luther King Jr Way Oakland CA 94612 Prospective 140 Downtown Oakland

48 1750 Broadway 1750 Broadway Oakland CA 94612 Prospective 307 Downtown Oakland

49 1900 Broadway 1900 Broadway Oakland CA 94612 Prospective 345 Downtown Oakland

50 2015 Telegraph Avenue 2015 Telegraph Avenue Oakland CA 94612 Prospective 144 Downtown Oakland

51 2016 Telegraph 2016 Telegraph Avenue Oakland CA 94612 Prospective 230 Downtown Oakland

52 2044 Franklin Street 2044 Franklin Street Oakland CA 94612 Prospective 179 Downtown Oakland

53 250 14th Street 250 14th Street Oakland CA 94612 Prospective 79 Downtown Oakland

54 2715 Adeline Street 2715 Adeline Street Oakland CA 94607 Prospective 111 Downtown Oakland

55 301 12th Street 301 12th Street Oakland CA 94607 Prospective 416 Downtown Oakland

56 325 7th Street 325 7th Street Oakland CA 94607 Prospective 160 Downtown Oakland

57 495 22nd Street Residences 495 22nd Street Oakland CA 94612 Prospective 81 Downtown Oakland

58 6th Street & Brush Street 6th Street & Brush Street Oakland CA 94607 Prospective 277 Downtown Oakland

59 915 Fallon Street 915 Fallon Street Oakland CA 94607 Prospective 50 Downtown Oakland

60 98th Avenue & San Leandro Street 98th Avenue & San Leandro Street Oakland CA 94603 Prospective 104 Downtown Oakland

61 9th Street & Pine Street 9th Street & Pine Street Oakland CA 94606 Prospective 300 Downtown Oakland

62 Fruitvale BART Transit Village Phase II B 1198 35th Avenue Oakland CA 94601 Prospective 181 Downtown Oakland

63 Hub Phase II, The 500 Kirkham Street Oakland CA 94607 Prospective 979 Downtown Oakland

64 Madison Street 412 Madison Street Oakland CA 94607 Prospective 294 Downtown Oakland

65 Mandela Transit Village 1357 5th Street Oakland CA 94607 Prospective 495 Downtown Oakland

66 San Pablo Avenue 3431 San Pablo Avenue Oakland CA 94608 Prospective 60 Downtown Oakland

67 T5/T6 Phase II 11th Street & Clay Street Oakland CA 94607 Prospective 262 Downtown Oakland

68 Union, The 532 Union Street Oakland CA 94607 Prospective 110 Downtown Oakland

69 105th Avenue 105th Avenue & International Blvd Oakland CA 94603 Prospective 529 East Oakland/Oakland Hills

70 1218 Webster & 1261 Harrison 1261 Harrison Street Oakland CA 94612 Prospective 185 Downtown Oakland

71 1433 Webster 1433 Webster Street Oakland CA 94612 Prospective 179 Downtown Oakland

72 1911 Telegraph Avenue 1911 Telegraph Avenue Oakland CA 94612 Prospective 330 Downtown Oakland

73 Eastline 2100 Telegraph Avenue Oakland CA 94612 Prospective 388 Downtown Oakland

TOTAL PROSPECTIVE 9,027

TOTAL OAKLAND 20,612

© 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