THE RESIDENCES AT HAMILTON LAKES

NEW MULTIFAMILY DEVELOPMENT • RENOWNED HAMILTON LAKES BUSINESS PARK • SUBURBAN CHICAGO • 297 LUXURY UNITS •

HAMILTON PARTNERS 300 Park Blvd Itasca, IL 60143 MARK HAMILTON RON LUNT Phone: 630.697.0200 Phone: 630.250.9700 Email: [email protected] Email: [email protected] CENTRAL LOCATION

RENTAL MARKET OVERVIEW CONCLUSION Fox Lake 94 From 1990 to 1999 there was parity in the rent/own equation, loan45 requirements were stricter,Waukegan and there was a lower availability of for-sale housing stock as compared to today. During thisRound time, Lake rents forGrayslake luxury apartments enjoyedGurnee a 3.6% average yearly growth rate. The softening of apartment

fundamentals from 2001 to 2005 was a disruption of this long-term, steady120 positive growth trend in multifamily in Chicago. 120 North Chicago When the apartment market returned from 2005 to 2007, it was in the following21 context: 137 • Single-family housing prices soared, due largely to25 historically MILES lax underwriting standards and low interest rates, and removed any economic Lake Bluff advantage5831 of ownership. Libertyville 176 176 Wauconda • Home ownership rates stabilized well above sustainable levels. Even with recent drops, home ownership rates are 3% to 4% above the 43 historical mean. Mundelein Lake Forest LAKE 60

Since then, 12 Lake Zurich • Home buyers haveCary returned to the rental market due to tightening credit standards, and 41 22 22 21 PROPERTY• Employment SUMMARY uncertainty14 has kept potential home buyers in theLong rental Grove pool. Unit Amenities:Lincolnshire Barrington 15 MILES83 Highland Park Number fo Units: 252 Deerfield Rents in the suburban market are approximately 27% below the 10-year trend• Attached line established Garages (select from 1990units - toas 1999.detialed Thebelow) decline of the for-sale single-familyAddress: housing market 6690 Doubleis resulting Eagle in Drive the return to a balanced Buffalorent/own Grove market. LAKE Woodridge, IL (DuPage County) 11 Direct Access68 to 3BR unit Glencoe MICHIGAN 68 Palatine 99 Accessible via Common Area UnemploymentYear Built: has already 1996 peaked and the market is starting to 12add jobs, demonstratedWheeling by Northbrookjob growth in each of the rst four months of 2010. 110 Total Attached GaragesNorthfield Winnetka ConsistentLocation: with ad historicaljacent to Seven performance, Bridges Golf the Course, long-term along employment outlook for Chicago is positive, and the rental apartment market is well positioned COOK Arlington Heights for continued growth in therents east commensurate and west sides62 of with Double historically Eagle high construction• costs.Full-sized washer/dryer in all units Kenilworth 5831 294 5825 Drive, approximately 1/4 mile north of 14 94 • Mount Central Prospect air conditioning and43 individual gas-¿Wilmette red forced air heating Despite occupancies below Hobson historic Road norms, suburban Chicago’s occupancy of 92.7% and Downtown are both improving and con rm the underlying 90 21 Glenview strength of the market. A vacant apartment development5 pipeline MILES combined with strengthening apartment demand is expected to push rents in both Site Size: +/- 13.19 acres 72 • Vaulted in select58 units marketsElgin back towards historical trend58 lines of 3.6% by 2013, if not sooner. A normalized housing market and favorable demographic trends are expected Description: 10 three-story apartment and • Wood burning ¿ replace in select units Evanston to provide a boost beyond59 recent market performance above the market’s historical mean, therefore, the next decade presentsSkokie an opportunity for outsized 1 cluhouse building Des Plaines Schaumburg 90 • Walk-in • fan(s) returns for apartment investors because of the probability for above-average rent growth. Lincolnwood Parking Spaces: 110 Attached19 Spaces 290 1420 E lgin O’H Park Ridge are Ex • Private or • Intrusion alarm pres 110 Tandem Parking Spaces sway O'Hare 260Hanover Surface Park Parking Spaces CommonAirport Area Amenities: 90 BloomingdaleBBlBloommimingddalel 480 Total Parking Spaces • Norridge • Outdoor pool and spa 19 Exterior: Building exteriors are a combination of Army Trailil Rd.Rd. • Clubhouse with great offering ¿ replace, gourmet and

brick veneer and painted cedar siding, 1420

G nimoolB

a lounge area, ¿ tness center and business center

r 90/94 y on masonry and woody frame, with 290 Addison Franklin COOK 5964 Carol Stream Park

reinforced concrete slab foundations.evAyraG • Picnic area with barbecue • Children’s play area 5831 St. Charles .dReladg 5964 355 Oak 59 Park Chicago Lombard Glen Ellyn 5938 DU PAGE 290 5938 5825 88 Warrenville Cicero 56 Oak Brook 55 56 1434 La Grange 90/94 88

Naperville Burr Aurora Downers Ridge Grove Midway Airport 1434 55 294 355 MODERN DESIGN WITH TIMELESS FEATURES AERIAL NORTHEAST

ROSEMONT / O’HARE 13 Million SF of Ofl ce Space 294 100 Million SF of Industrial Space Rivers 220,000 Jobs Casino Allstate DES PLAINES Arena

O’HARE INTERNATIONAL 90 AIRPORT

E TOUHY AVE. 72 FUTURE I-390 ELGIN O’HARE WESTERN ACCESS ELK GROVE VILLAGE Largest Consolidated Business Park in North America Over 3,600 Businesses Employing Nearly 100,000 People All Within 5.9 Square Miles

ELGIN TO BENSENVILLE E DEVON AVE.

E THORNDALE AVE. METRA MILWAUKEE DISTRICT / WEST LINE - CHICAGO WOOD DALE WOOD DALE

N ARLINGTON HEIGHTS RD. N PROSPECT AVE.

K

Itasca Country Club E IRVING PARKPAR RD. ITASCA ROSEMONT / O’HARE 90 13 Million SF of Ofl ce Space 100 Million SF of Industrial Space Rivers 220,000 Jobs Casino Allstate DES PLAINES Arena

O’HARE INTERNATIONAL AIRPORT

E TOUHY AVE. FUTURE I-390 ELGIN O’HARE WESTERN ACCESS ELK GROVE VILLAGE ITAASCA METRTRATRA STATIONN Largest Consolidated Business Park in North America Over 3,600 Businesses Employing Nearly 100,000 People All Within 5.9 Square Miles

ELGIN TO BENSENVILLE E DEVON AVE.

E THORNDALE AVE. METRA MILWAUKEE DISTRICT / WEST LINE - CHICAGCHICAGOO TO ELGIN WOOD DALE WOOD DALE O’HOOH’HHARAREARER INNTERTET RNATNANATATIONIOOONALL AIRA RPORPOPORRT

N ARLINGTON HEIGHTS RD. N PROSPECT AVE.

K RD.

Itasca Country Club E IRVING PARK RD. ITASCA

BEAAUTIUT FULFU GOG LF COUOOURSESES AERIAL NORTH

Busse Woods Alexian Brothers ELK GROVE VILLAGE Medical Center SINGLE FAMILY ElkElk Grove Alexian Brothers TowTownn Center Rehabilitation Center Walmart Supercenter SINGLE FAMILY HOMES SINGLE FAMILY HOMES 53

HAMILTON DEVON AVE. VILLAGE 390 ELGIN-O’HARE EXPRESSWAY 290 HAMILTON LAKES BUSINESS PARK 3.5 Million SF of Office Space Salt Creek Golf Club 80 Acres of Development Land 8,000 Jobs, Adding 600+ Jobs by 2016 Topgolf Chicago E THORNDALE AVE.

ARLINGTON HEIGHTS RD North Salt Creek Country SINGLE FAMILY HOMES N PROSPECT AVE. Forest Preserve

WOOD DALE DOWNTOWN Itasca Country Club E IRVING PARK RD. Itasca ITASCA

METRA MILWAUKEE DISTRICT / WEST LINELI - CHICAGO TO ELGIN

N Busse Woods Alexian Brothers ELK GROVE VILLAGE Medical Center SINGLE FAMILY HOMES Elkk Grove Alexian Brothers Townn Center Rehabilitation Center SINGLE FAMILYF HOMES SINGLE FAMILY HOMES

HAMILTON DEVON AVE. VILLAGE WWOWOODFIDFFIIELDEELLLDD MAMALLL ELGIN-O’HARE EXPRESSWAY

HAMILTON LAKES BUSINESS PARK 3.5 Million SF of Office Space Salt Creek Golf Club 80 Acres of Development Land 8,000 Jobs, Adding 600+ Jobs by 2016 Topgolf Chicago E THORNDALE AVE.

ARLINGTON HEIGHTS RD North Salt Creek Country

SINGLE FAMILY HOMES N PROSPECT AVE. Forest Preserve NEWW ZUZ RICR CH HQ

WOOD DALE DOWNTOWN Itasca Country Club E IRVING PARK RD. Itasca ITASCA

METRA MILWAUKEE DISTRICT / WEST LINE - CHICAGO TO ELGIN

NE - CHICAGO TO ELGIN

Target Jewel-Osco

BBUSBUU SSE WOODDSS AERIAL NORTHWEST

290

SINGLE FAMILY HOMES Hirano Shula’s Japanese Steakhouse HAMILTON VILLAGE

DEVON AVE.

HAMILTON LAKES BUSINESS PARK 3.5 Million SF of Office Space 80 Acres of Development Land 8,000 Jobs, Adding 600+ Jobs by 2016

BesaB Mi Taco Buona E THORNDALE AVE.

S. ARLINGTON HEIGHTS RD.

Salt Creek Golf Club

Topgolf Chicago

N PROSPECT AVE. SINGLE FAMILY HOMES Hirano Shula’s Japanese Steakhouse HAMILTON VILLAGE

HAMILTOONN LLALAKAKAKESES BUSBUBUUSINEESSSS PARPAPARARK DEVON AVE.

HAMILTON LAKES BUSINESS PARK 3.5 Million SF of Office Space 80 Acres of Development Land 8,000 Jobs, Adding 600+ Jobs by 2016

BesaBesa Mi Taco Buona E THORNDALE AVE. TTHTHEHEH WEESTSTISTIT NNH HOTEOTOTEELLA ATTH HAMIAMAMMIILLTLTONNL LAKEAAK S

S. ARLINGTON HEIGHTS RD.

Salt Creek Golf Club

Topgolf Chicago

N PROSPECT AVE.

TOPOPPGOLGGOLFFC CHICHICAGOO THREE LUXURY MID-RISE BUILDINGS + 8,000 SF CLUBHOUSE

PROPERTY DATA SHEET

SITE LOCATION The site is located near the intersection UNIT • 9 Foot Ceilings of Arlington Heights Road and the current AMENITIES • Hardwood in all areas except and Elgin-O’Hare Expressway (aka EOWA I-390) Baths • Full Size Stackable Washer/Dryer COUNTY DuPage • Quartz Countertops in SUBMARKET Schaumburg-O’Hare-Glendale- • Backsplash in Kitchen Pendant and Track Lombard in Kitchen and Dining Areas LAND AREA 10.7 Acres • Energy Star Stainless Steel Dishwasher, Disposal, BUILDINGS 3 and Range/Self Clean Oven • Energy Star Stainless Frost-Free Refrigerator with 4-5 Residential STORIES Lower Level Enclosed Parking Automatic Ice-Maker • Computer Niches in Select Units ZONING R-3 PUD Special Use • Double-Bowl Vanity Sinks in Most Plans M&R Development SPONSOR/DEVELOPER • Spacious Walk-In Closets Hamilton Partners ARCHITECT BSB Design COMMON AMENITIES • Outdoor Pool CONSTRUCTION START September 2015 • Indoor Pool PROJECT COMPLETION February 2017 • Steam Room and • 3 Season Patio with PROJECT STABILIZATION September 2017 • Fitness Center with Aerobic and Weights • Pilates/Yoga Fitness APARTMENT UNITS 297 • Media Room AVERAGE UNIT SIZE (SF) 898 • Social Lounge and Party Kitchen TOTAL SIZE (SF) 266,703 • Business Center • Wi-Fi Available throughout Clubhouse • Bike Repair and Storage Room GROSS RESIDENTIAL SF 333,756 • Pet Grooming PARKING & STORAGE SF 83,439 • Storage Units available TOTAL GROSS SF 417,195 • Dry Cleaning and Package Pickup and Delivery EFFICIENCY 80% • Indoor Parking (219 total spaces)

PUBLIC SURFACE PARKING 294 Spaces ENCLOSED PARKING 219 Spaces TOTAL PARKING 513 Spaces (1.72 per Unit) SITE PLAN

SUMMARY UNIT MIX Unit Mix & Current / Stabilized Rental Rates

Project Mix: Avg SF # Units % of Total Studio 435 3 1.0% Studio 615 18 6.1% 1Ba/1Bd 705 96 32.3% 1Ba/1Bd 802 24 8.1% 1Ba/1Bd 811 48 16.2% 2Ba/2Bd 1,088 48 16.2% 2Ba/2Bd 1,236 48 16.2% 3Ba/2Bd 1,410 12 4.0% Totals 266,703 297 100.0% Averages 898 PROPOSED Given the contextual surroundings of the stone, steel, and glass character of the Hamilton Lakes community, the project’s overall character will feature a contemporary appearance. The building’s styling and look will be reminiscent of urban contemporary design with a fl at and materials that will enhance the project theme, including cornice parapets, stately and alternating sections of brick veneer and cementitious panel siding exteriors. The use of two color tones of both brick and cementitious panel siding will add variety and interest to the building’s exterior. In addition, the rectangular façade offsets will project in height slightly to offer some ‘bounce’ in the line of the roof, thus adding further variety and interest to the building’s appearance.

THE UNITS

The Residences at Hamilton Lakes will be constructed with fi nishes appropriate to custom condominium construction standards, making it one of the premier luxury apartment communities in the Chicago Suburbs. The units are well designed with spacious living , comfortable dining areas and large, open kitchens. All units will have 9-foot ceiling heights. The modern kitchens will feature quartz countertops, pendant lighting, upgraded 42” cabinetry, a complete Energy Star stainless steel appliance package including refrigerator, dishwasher, gas range, microwave, and garbage disposal.

The , kitchen, living and dining areas will all have hardwood fl ooring. will include bathtubs with ceramic tile surround or oversized standing showers with an upscale glass feature, upgraded vanity cabinetry and fi xtures with a monolithic countertop, as well as ceramic tile fl ooring.

Every apartment home will offer neutral carpeting in the bedrooms. All units include either a stackable full size or side-by-side washer/dryer depending on the fl oor plan. Other interior features will include a built-in home offi ce/computer niche, walk-in closets, entry closets, linen closets, storage closets, and individually controlled heating and air conditioning systems. Every residence will be cable-ready with wired with CAT 6 internet cabling. COMMON AREA AMENITIES

The Residences at Hamilton Lakes’ luxurious common area amenity package will cater to the sophisticated renters’ needs. The communities’ stunning state-of-art clubhouse amenity areas will be centrally located with convenient access from all residential buildings. The clubhouse will include an upscale outdoor pool and spa, outdoor BBQ area and pavilion. These features are all part of a beautifi cally landscaped setting. Interior features include a fi tness center featuring cardio and strength training equipment, a group fi tness studio, sauna and steam room, cyber lounge, demonstration kitchen, a business center and media room. Pet friendly amenities include a convenient pet spa and quality open space for dog walking. Residential storage lockers for residents’ use will be provided on individual fl oors and the lower level garage area. Bike storage will be provided in the lower level garage along with a variety of convenient locations outside throughout the Property.

Residents will also have use of on-site dry cleaning, package pickup and delivery. Wi-Fi will be available throughout the building’s common areas. Additional common area amenities of note include: controlled building access via fob access, 2 residential elevators per building, and on-site management and leasing offi ces. Each building will also contain a dual trash and recycle chute system with a lower level collection room. These exclusive amenities will enhance The Residences at Hamilton Lakes’ reputation as one of the premier apartment buildings in Suburban Chicago.

PARKING

The Residences at Hamilton Lakes will have a total of 513 parking spaces of which 219 will be contained in an enclosed parking garage within each building. Each building will contain 73 parking spaces located in the lower level of each building. There will also be an electric car charging station in each building. STRUCTURAL DETAIL OVERVIEW The three residential building are constructed with a reinforced concrete garage level below 4 fl oors of energy effi cient wood frame residential construction. Each building has one drive-in at garage level and a main residential at level.

FOUNDATION Given the excellent bearing capacity of the native soils, conventional spread footings and cast-in place concrete foundations will be employed.

PARKING GARAGE Each residential building has one reinforce-concrete garage level providing indoor parking.

EXTERIOR The residential exterior envelope consists of a combination of brick, architectural cement−board panels, and glass.

INTERIOR WALLS Wood framing integrated into selected and approved UL-rated assemblies.

ROOF The residential structures have heavily insulated white surface fl at roofi ng system, engineered for interior roof drainage. Portions of each roof system will be utilized for mechanical systems.

MECHANICAL DETAIL

HVAC Each residence has an individual high-effi ciency heating and cooling system for independent resident control and energy economy.

ELECTRICAL Each residence will be individually metered and each resident will be responsible for their own electrical costs. Lighting systems throughout will comply with LEED guidelines for energy conservation.

PLUMBING The system incorporates low-fl ow premium plumbing fi xtures into a system designed to provide the most current conveniences while meeting LEED standards for water conservation.

FIRE & LIFE SAFETY Each building and every resident is fully protected by a fi re sprinkler system and fi re alarm system. All Life Safety systems are monitored 24/7.

COMMUNICATIONS CAT 6 and Coaxial cable will be installed in each residence to provide residents with maximum fl exibility. ELEVATIONS FRONT ELEVATION

RIGHT ELEVATION ELEVATIONS REAR ELEVATION

LEFT ELEVATION SIGNAGE PLAN GARAGE FLOOR PLATE

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 ELEVATIONS AMENITY SPACE: FRONT ELEVATION

AMENITY SPACE: SIDE ELEVATION AMENITY SPACE: FRONT PERSPECTIVE

AMENITY SPACE OVERVIEW THE RESIDENCES AT HAMILTON LAKES: CLUBHOUSE (7,391 SF) AMENITY SPACE: FLOOR PLAN THE RESIDENCES AT HAMILTON LAKES: CLUBHOUSE AMENITY SPACE: FLOOR PLAN FIRST LEVEL FLOOR PLATE SECOND LEVEL FLOOR PLATE THIRD LEVEL FLOOR PLATE FOURTH LEVEL FLOOR PLATE FLOOR PLANS STUDIO

UNIT TYPE: STUDIO - TYPE A UNIT COUNT: 3 UNIT SF: 435 FLOOR PLANS STUDIO

UNIT TYPE: STUDIO - TYPE B UNIT COUNT: 18 UNIT SF: 615 FLOOR PLANS 1BD/1BA

UNIT TYPE: 1BD/1BA - TYPE C UNIT COUNT: 96 UNIT SF: 705 FLOOR PLANS 1BD/1BA

UNIT TYPE: 1BD/1BA - TYPE D UNIT COUNT: 24 UNIT SF: 802 FLOOR PLANS 1BD/1BA

UNIT TYPE: 1BD/1BA - TYPE E UNIT COUNT: 48 UNIT SF: 811 FLOOR PLANS 2BD/2BA

UNIT TYPE: 2BD/2BA - TYPE F UNIT COUNT: 48 UNIT SF: 1,088 FLOOR PLANS 2BD/2BA

UNIT TYPE: 2BD/2BA - TYPE G UNIT COUNT: 48 UNIT SF: 1,236 FLOOR PLANS 3BD/2BA

UNIT TYPE: 3BD/2BA - TYPE H UNIT COUNT: 12 UNIT SF: 1,410