Seattle New Construction & Proposed Multifamily Projects 1Q19

6 104

ID PROPERTY UNITS 6 Trailside at the Lodge 200 Total Lease Up 200

33 Avalon North Creek 316 100 76 Westgate Village 91 101 89 18727 Blueberry Lane 112 Total Under Construction 519 99

99 3214 140 100 Everett Waterfront 266 228 101 Riverview 203 102 18631 Alderwood Mall Pkwy 349 103 Greater Residence 123 104 Affinity at Arlington 170 Total Planned 1,251

223 221 Allegro at Ash Creek 114 222 Evergreen Village 231 224 103 89 223 Farm at Mill Creek, The 382 221 224 Harmony 70 225 Point Wells Urban Center 250 222 102 33 226 Andorra Estates Phase II 240 227 Paradise Lake Road Garden 360 226 227 228 Weaver Road Senior 100 76 383 383 Andorra Estates 84 225

Total Prospective 1,831 2 mi Source: Yardi Matrix

LEGEND Lease-Up Under Construction Planned Prospective a Berkshire Hathaway and Jefferies Financial Group company New Construction & Proposed Multifamily Projects 1Q19

65

38

229 105 ID PROPERTY UNITS 4 Mysa 122 Total Lease Up 122

38 Shoreline 243 54 3310 NE 125th Street 150 65 Arabella II 107 236 Total Under Construction 500 114 105 Alexan Shoreline 309 231 113 Artisan, The 172 114 Lake City Way 170 Total Planned 651 230 229 Sears Redevelopment 1,300 230 13317 Lake City Way 150 4 231 14001 Lake City Way NE 69 235 113 386 235 Caspian, The 252 54 236 Lake City 73 237 Natural Lofts 99 237 386 Lake City Way NE 350

Total Prospective 2,293 1000 ft Source: Yardi Matrix

LEGEND Lease-Up Under Construction Planned Prospective a Berkshire Hathaway and Jefferies Financial Group company Seattle New Construction & Proposed Multifamily Projects 1Q19

8 106

41

277 ID PROPERTY UNITS 276 8 Boulevard Place 292 Total Lease Up 292

27 Bower, The 339 41 Woodin Creek Village Phase II 316 55 Village at Totem Lake 201 Total Under Construction 856

106 Bothell Way 200 107 Lifebridge 410 144 143 North Aspect Totem Lake 650 27 143 144 Totem Lake 134 55 Total Planned 1,394 384 276 14312 132nd Avenue NE 87 277 Woodinville Wine Village 100 107 384 12335 120th Avenue NE 395

Total Prospective 582 2000 ft Source: Yardi Matrix

LEGEND Lease-Up Under Construction Planned Prospective a Berkshire Hathaway and Jefferies Financial Group company Seattle New Construction & Proposed Multifamily Projects 1Q19

2 115 94 108 ID PROPERTY UNITS 238 2 Lane 215 16 Bogtown Flats 85 20 Sedona Phase II 215 Total Lease Up 515 234 387 233 94 Prism 138 Total Under Construction 138

108 10540 Greenwood Avenue North 62 109 320 North 85th Street 203 16 110 8501-8521 15th Avenue NW 114 111 8612 Palatine Avenue North 141 232 385 112 112 8829 Roosevelt Way NE 72 111 115 Northgate 235 110 109 119 8311 15th Avenue NW 83 20 124 124 8403 Greenwood Avenue North 70 119 129 Phinney Flats 59 Total Planned 1,039 243 250 232 209 North 87th Street 52 233 9731 Greenwood Avenue North 54 234 9736 Greenwood Avenue North 50 238 Turin 65 243 Crown Hill 54 244 244 Nesttun 163 250 7903-7911 Greenwood Ave North 57 129 385 8704 Greenwood Avenue North 270 387 Northgate Equitable Transit Oriented Development 600

Total Prospective 1,365 1000 ft Source: Yardi Matrix

LEGEND Lease-Up Under Construction Planned Prospective a Berkshire Hathaway and Jefferies Financial Group company Seattle New Construction & Proposed Multifamily Projects 1Q19

118

9

116

ID PROPERTY UNITS 9 Grove, The 63 18 aPODment Suites @ Giardino 62 Total Lease Up 125 77 241

77 Valdok II 157 90 90 Vitality on 17th 94 117 Total Under Construction 251 242 239 116 1501 NW 59th Street 53 117 1740 NW Market Street 50 118 6416 15th Avenue NW 60 240 Total Planned 163 18 239 1100 NW 54th Street 70 240 1446 NW 53rd Street 50 241 5602 15th Avenue NW 161 242 Ballard Yards 171 245 245 Ponte 134

Total Prospective 586 200 ft Source: Yardi Matrix

LEGEND Lease-Up Under Construction Planned Prospective a Berkshire Hathaway and Jefferies Financial Group company Seattle New Construction & Proposed Multifamily Projects 1Q19

127

85

123

ID PROPERTY UNITS 122 247 42 Iron Flats 289 78 Vida 201 126 84 Track 66 78 85 Vista 7011 56 91 Brooklyn Six Five 55 251 Total Under Construction 679 42 84

122 6860 East Green Lake Way North 59 131 78 134 123 7001 Roosevelt Way NE 54 91 132 126 Fireside Flats 103 249 135 133 127 Green Lake North 133 131 Theo 79 136 132 1300 NE 65th Street 165 133 Block 3A 131 134 Brooklyn 77 135 Centerline 235 136 Luxe II 52 388 Total Planned 1,088

247 444 NE Ravenna Blvd 116 249 6501 Roosevelt Way NE 126 251 Rise on Sixty-Seventh 188 388 Corner 63 141

Total Prospective 571 200 ft Source: Yardi Matrix

LEGEND Lease-Up Under Construction Planned Prospective a Berkshire Hathaway and Jefferies Financial Group company Seattle New Construction & Proposed Multifamily Projects 1Q19

248

128 ID PROPERTY UNITS 11 Werner 59 125 Total Lease Up 59 66

35 Stream Dexios 80 252 66 4025 Stone Way North 59 67 Portal, The 56 152 79 79 Robin's Nest 61 67 246 290 Total Under Construction 256 285 11 125 Broadstone Stone Way 143 145 207 128 Grove, The 51 145 Interbay 93 146 1110 Dexter Avenue North 85 147 1405 -1415 Dexter Avenue North 167 278 289 152 609 West Nickerson Street 70 158 158 2334 Franklin Avenue East 56 206 2031 Westlake 71 207 Ross Town Flats 64 283 206 Total Planned 800

246 3421 Woodland Park Ave North 123 282 35 248 4711 Aurora Avenue North 58 252 Winslow Court 147 147 278 2550 32nd Avenue West 146 280 146 280 1115 Dexter Avenue North 170 282 1601 Dexter Avenue North 65 283 2100 Queen Anne Avenue North 250 285 6 - 10 Dravus Street 90 289 2517 Eastlake Avenue East 220

290 3138 Fairview Avenue East 103

Total Prospective 1,372 1000 ft Source: Yardi Matrix

LEGEND Lease-Up Under Construction Planned Prospective a Berkshire Hathaway and Jefferies Financial Group company Seattle New Construction & Proposed Multifamily Projects 1Q19

ID PROPERTY UNITS 15 U20 64 Total Lease Up 64

25 M, The 230 270 68 4710 Flats 52 72 Roosevelt 114 264 263 262 98 Arion 98 Total Under Construction 494 205

120 4048 7th Avenue NE 80 254 121 4555 Roosevelt Way NE 168 261 265 130 Sora - University District 52 260 269 204 Arista Residences 235 266 267 205 University 5039 51 25 68 204 Total Planned 586 137 257 121 15 253 1200 NE 45th Street 227 258 254 1200 NE 50th Street 55 253 259 255 4126 12th Avenue NE 250 256 4212 Roosevelt Way NE 200 257 4510 11th Avenue NE 201 258 4512 11th Avenue NE 101 72 98 268 259 4515 Brooklyn Avenue NE 221 256 260 4732 Brooklyn Avenue NE 100 130 261 4751 21st Avenue NE 54 255 262 5228 15th Avenue NE 57 263 5229 University Way NE 60 120 264 5300 Roosevelt Way NE 55 265 Broadstone Northeast 283 266 Montclaire Flats 67 267 Rhythm 129 268 Standard, The 383 269 Trailside Redevelopment 268 270 University Way 59

Total Prospective 2,770 500 ft Source: Yardi Matrix

LEGEND Lease-Up Under Construction Planned Prospective a Berkshire Hathaway and Jefferies Financial Group company Seattle New Construction & Proposed Multifamily Projects 1Q19

287 51 286

279 151 154 29 320 281

ID PROPERTY UNITS 153 29 Center Steps 269 51 800 5th Avenue North 68 95 73 Alexan 100 164 80 Avalon Belltown Towers 275 284 392 150 93 10 Clay 62 95 Zella 128 Total Under Construction 966 149

148 215 North 68 149 320 Queen Anne Avenue North 59 312 150 400 Queen Anne Avenue 110 148 151 400 Roy 65 153 Niwa 127 154 Roystone 93 169 307 Broad 149 Total Planned 671 73 318

279 100 Roy Street Redevelopment 172 169 281 118 West 61 284 413 3rd Avenue West 58 314 286 701 Valley Street 161 287 811 5th Avenue North 65 312 223 Taylor Avenue North 226 314 3031 Western Avenue 100 318 508 154 80 320 601 Aurora Avenue North 123 392 417 2nd Avenue West 97 93

Total Prospective 1,217 200 ft Source: Yardi Matrix

LEGEND Lease-Up Under Construction Planned Prospective a Berkshire Hathaway and Jefferies Financial Group company Seattle New Construction & Proposed Multifamily Projects 1Q19

ID PROPERTY UNITS 334 St. Johns 430 3 Marlowe 181 335 Tommie Residences, The 90 7 Helm 79 341 Convention Center Site B 409 17 Mera 72 394 303 Battery Street 104 Total Lease Up 332 395 Waverly, The 374 Total Prospective 5,616 24 1200 Stewart Street 1,050 31 1,128 45 408 Aurora Avenue North 78 292 62 403 Dexter Avenue North 98 331 7 17 Total Under Construction 2,354

164 1170 Republican 110 165 1800 Terry Avenue 428 166 1901 Minor Avenue 940 329 164 167 2014 Fairview Avenue 437 170 170 427 9th Avenue North 242 45 62 330 3 173 901 Harrison Street 292 173 212 174 9th & John 278 176 BB6 936 177 Block V 609 311 395 178 Boren + Lenora 393 174 212 1165-1175 Harrison Street 80 334 307 Total Planned 4,745 328 333 31 306 322 292 Bellview 58 394 178 167 166 177 24 304 1000 Virginia Street 435 309 176 304 306 1314 Denny Way 480 307 1370 Stewart Street 340 335 309 1916 Boren Avenue 534 165 311 222 Dexter Avenue North 100 323 322 8 Tower 286 323 800 Stewart Street Tower 477 341 328 Block 48 464 329 Block 56 North 90 330 Block 56 South 294 331 Mercer Blocks, Block 37 218 333 Seattle Times Building 433

200 ft Source: Yardi Matrix

LEGEND Lease-Up Under Construction Planned Prospective a Berkshire Hathaway and Jefferies Financial Group company Seattle New Construction & Proposed Multifamily Projects 1Q19

ID PROPERTY UNITS 21 707 Terry Avenue 488 349 22 Spring Street & 8th Avenue 550 208 39 Capitol Hill TOD Site C 94 56 Whitworth 54 291 58 600 East Howell Street 76 63 701 16th Avenue 50 69 14th & Madison 137 70 Anew Broadway 86 157 86 Avant 50 209 56 Total Under Construction 1,585 393 210 288 39 86 155 1208 East Olive Street 61 58 347 156 1320 East 79 211 157 225 Harvard Avenue East 72 155 159 953 East Union Street 60 346 179 Crosby Capitol Hill 50 156 181 500 Broadway 85 342 208 15th Avenue East & East Mercer St 75 179 209 150 69 210 Capitol Hill TOD Site B South 74 338 343 211 Modera Broadway 228 159 398 Total Planned 934 336 337 288 1833 Broadway 50 291 420 Boylston Avenue East 58 336 1100 Boylston Avenue 227 22 337 1103 Summit Avenue 91 338 1415 Belmont Avenue 60 63 340 815 9th Avenue 276 340 21 70 342 Esker 71 181 343 Knights of Columbus Redevelopment 50 346 16th Avenue 88 347 19th & Madison 160 349 City People's Redevelopment 76 393 800 East Denny Way 83 398 Midtown Commons 431

Total Prospective 1,721 500 ft Source: Yardi Matrix

LEGEND Lease-Up Under Construction Planned Prospective a Berkshire Hathaway and Jefferies Financial Group company Seattle New Construction & Proposed Multifamily Projects 1Q19

315 326 325 168 171 310 327 332 172 175 313 339

ID PROPERTY UNITS 319 26 Rainier Square Redevelopment 208 Total Under Construction 208 26 308 168 2121 5th Avenue 119 171 5th & Lenora 463 172 5th & Virginia 431 175 Altitude Residences 236 Total Planned 1,249 305

305 1101 Western Avenue 256 316 308 1412 1st Avenue 442 324 310 2214 2nd Avenue 180 321 313 3 + V 340 315 4th & Bell Tower 287 316 4th & Columbia 1,020 317 500 South Jackson Street 200 319 5th & Union 70 321 75 Marion Street 106 317 324 815 Western Avenue 150 325 Belltown 307 326 Belltown 36 203 327 Belltown Tower 458 332 Residence 2218 111 350 339 1518-1520 5th Avenue 100 350 SpringHill Suites 123 365 821 7th Avenue South 390 365

Total Prospective 4,743 500 ft Source: Yardi Matrix

LEGEND Lease-Up Under Construction Planned Prospective a Berkshire Hathaway and Jefferies Financial Group company Seattle New Construction & Proposed Multifamily Projects 1Q19

348

82 215 184

344

96 180 399 216 40

213 397 ID PROPERTY UNITS 32 Jackson 532 345 40 Modera First Hill 288 396 182 82 Metro Line Flats 75 83 Muir 135 32 214 96 Cypress 237 Total Under Construction 1,267

180 104 12th Avenue 282 182 Jackson & 26th 77 183 Rainier 185 183 184 Sound Flats 78 213 1020 South Main Street 214 214 1029 South Jackson Street 320 83 215 First Central Station 369 216 Yesler Terrace Block 4 280 Total Planned 1,805

344 119 19th Avenue 73 345 12M 161 348 216 10th Avenue 111 396 12th & Jackson 280 397 209 12th Avenue South 335 South Street & 399 365 403 403 Tower Steps 312

Total Prospective 1,637 200 ft Source: Yardi Matrix

LEGEND Lease-Up Under Construction Planned Prospective a Berkshire Hathaway and Jefferies Financial Group company Seattle New Construction & Proposed Multifamily Projects 1Q19

71

356 189 187 361 186 357 74 360 87 188 358

ID PROPERTY UNITS 71 Luna 108 359 74 Braseth 42nd 76 87 Huxley, The 118 Total Under Construction 302

186 4508 California Avenue SW 79 187 4722 Fauntleroy Way SW 305 378 188 4800 Erskine Way SW 65 189 Junction Landing 62 Total Planned 511

356 3039 SW Avalon Way 71 357 4501 38th Avenue SW 110 358 4800 40th Avenue SW 60 359 7617 35th Avenue SW 50 California Avenue SW & SW 360 Edmonds Street 74 361 Golden Tee 150 377 1010 SW 122nd Street 112 377 378 Barton Terrace 66

Total Prospective 693 1000 ft Source: Yardi Matrix

LEGEND Lease-Up Under Construction Planned Prospective a Berkshire Hathaway and Jefferies Financial Group company Seattle New Construction & Proposed Multifamily Projects 1Q19

ID PROPERTY UNITS 48 Stazione:25, The 301 Total Under Construction 301 402 362 374 368 190 1405 South Bayview Street 67 401 192 193 217 191 5721 - 5722 35th Avenue South 290 190 192 2016 23rd Avenue South 100 367 366 193 2029 24th Avenue South 66 48 194 3421 Rainier Avenue South 73 218 197 195 5201 Rainier Avenue South 107 219 6901 Martin Luther King Jr Way 196 South 141 194 197 Link Mt. Baker 156 198 Sonata West 98 217 2885 78th Avenue SE 155 373 218 Beacon Hill 65 370 219 3235 Rainier Avenue South 112 198 220 Cubix Othello 85 404 Total Planned 1,515 195

362 1801 Rainier Avenue South 186 363 371 5227 Martin Luther King Jr Way 363 South 52 191 364 5949 36th Avenue South 55 364 366 Colina East 95 367 North Beacon Hills 89 368 2019 24th Avenue South 67 369 369 4009 South Willow Street 53 196 370 4221 37th Avenue South 55 371 5231 Rainier Avenue South 110 375 220 372 Cloverdale 58 405 373 Columbia City 80 374 Genoa Apodments 139 375 Path Othello Buildings A & C 375 376 376 Thistle Court 57 401 Beacon Crossing 97 372 402 Grand Street Commons 700 404 3717 South Alaska 243 7350 Martin Luther King 405 Jr Way South 80

Total Prospective 2,591 2000 ft Source: Yardi Matrix

LEGEND Lease-Up Under Construction Planned Prospective a Berkshire Hathaway and Jefferies Financial Group company Seattle New Construction & Proposed Multifamily Projects 1Q19

391 390 47 81 141 274 271 49 389 272 28 43 59 275 142

75

ID PROPERTY UNITS 139 28 Alexan Central Park 193 43 Bear Creek 360 47 Modera Redmond 300 49 Edge, The 105 59 Blackbird 165 75 Talisman 286 81 Uptown 185 Total Under Construction 1,594

139 LMC Marymoor 433 141 Modera River Trail 250 142 Redmond Way Flats 102 Total Planned 785

271 312 Central Way 72 272 Lake Street Place 150 274 Redmond City Center 421 275 Redmond Town Center 580 389 434 Kirkland Way 173 390 Continental Divide 133 391 Rose Hill 740

Total Prospective 2,269 1000 ft Source: Yardi Matrix

LEGEND Lease-Up Under Construction Planned Prospective a Berkshire Hathaway and Jefferies Financial Group company Seattle New Construction & Proposed Multifamily Projects 1Q19

ID PROPERTY UNITS 5 Esterra Park 323 10 3040 244 14 Hyde Square 618 10 19 CityScape Phase II 50 50 Total Lease Up 1,235 5 138 44 AMLI Spring District 204 57 50 Parkside 664 57 Crossroads Senior Living 185 273 60 Bellevue Parkside 136 140 14 61 Brio 258 302 64 Eight Eighty-Eight 158 303 92 B2 165 163 Total Under Construction 1,770 301 138 Esterra Park Block 10 263 300 44 140 Modera Overlake 246 297 61 160 ELEV8 423 293 64 161 Four 106 Phase I 326 162 162 Plaza Residential 260 160 295 163 SummerHill BelRed 250 19 Total Planned 1,768 296 299 161 298 273 2200 148th Avenue NE 500 60 293 10050 NE 10th Street 102 92 294 294 10777 Main Street 135 295 606 106th Avenue NE 100 296 Bellevue at the Park, The 220 297 Cadillac Site Phase I & II 295 298 Four 106 Phase II 200 299 Four 106 Phase III 100 300 1215 120th Avenue NE 420 301 1215 120th Avenue NE Phase II 250 302 12863 Northup Way 430 303 1700 132nd Avenue NE 355

Total Prospective 3,107 1000 ft Source: Yardi Matrix

LEGEND Lease-Up Under Construction Planned Prospective a Berkshire Hathaway and Jefferies Financial Group company Seattle New Construction & Proposed Multifamily Projects 1Q19

ID PROPERTY UNITS 1 Marvelle Southcenter 168 12 Vale 110 13 Anthology 399 Total Lease Up 677

23 64th Avenue South & West Meeker 352 351 Street 327 30 Tukwila Village Phase II 210 97 34 Marquee on Meeker 288 13 36 12 36 Avalon Newcastle Commons 293 52 Phase II 400 354 37 Waterview Crossing 326 185 46 Madison Plaza 157 52 Notch 158 53 Vintage at Seatac 170 406 88 Avaya Ridge 74 353 97 Revel Issaquah 146 30 355 Total Under Construction 2,149 200 1 88 185 Quendall Terminals 692 380 199 Marques 183 200 VIA 405 270 201 Kent Midway 265 53 202 Traditions at Federal Way 200 37 379 203 Auburn Town Center 227 381 46 199 Total Planned 1,837 201 23 34 351 Marketplace Phase II, The 354 352 Marketplace, The 331 353 Cedar River 212 354 Inneswood 93 355 River Run 130 202 382 379 Talus 380 380 Waynes Place 78 203 381 Marquee on Meeker Phase II 204 382 Auburn Senior Living 161 400 Atlas, The 98 406 Sunset Terrace Redevelopment Phase II 226 Total Prospective 2,267 2 mi Source: Yardi Matrix

LEGEND Lease-Up Under Construction Planned Prospective a Berkshire Hathaway and Jefferies Financial Group company Seattle 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 Marvelle Southcenter 406 Baker Blvd Tukwila WA 98188 Lease-Up 168 Riverton/Tukwila 06/25/2018 12/31/2019 03/22/2019 2 Lane 10720 5th Avenue NE Seattle WA 98125 Lease-Up 215 North Seattle 02/01/2017 07/31/2019 03/15/2019 3 Marlowe 1146 Harrison Street Seattle WA 98109 Lease-Up 181 Belltown 08/01/2017 07/31/2019 03/15/2019 4 Mysa 3025 NE 130th Street Seattle WA 98125 Lease-Up 122 North Seattle 02/01/2017 07/31/2019 02/01/2019 5 AVA Esterra Park 15301 NE Turing Street Redmond WA 98052 Lease-Up 323 Redmond 05/01/2017 07/31/2019 11/09/2018 6 Trailside at the Lodge 17500 25th Avenue NE Marysville WA 98271 Lease-Up 200 Marysville/Monroe 02/15/2018 07/31/2019 10/17/2018 7 Helm 602 Terry Avenue North Seattle WA 98109 Lease-Up 79 Belltown 11/01/2017 06/30/2019 02/22/2019 8 Boulevard Place 9920 Main Street Bothell WA 98011 Lease-Up 292 Bothell 07/01/2017 06/30/2019 01/01/2019 9 Grove, The 6301 15th Avenue NW Seattle WA 98107 Lease-Up 63 Ballard 09/01/2017 05/31/2019 03/16/2019 10 3040 3040 148th Avenue NE Redmond WA 98052 Lease-Up 244 Redmond 03/01/2017 05/31/2019 03/08/2019 11 Werner 3046 17th Avenue WA 98119 Lease-Up 59 Magnolia 11/01/2017 05/31/2019 02/22/2019 12 Vale 955 7th Avenue NW Issaquah WA 98027 Lease-Up 110 Issaquah 12/21/2017 05/31/2019 02/15/2019 13 Anthology 1610 Anthology Avenue NW Issaquah WA 98027 Lease-Up 399 Issaquah 04/01/2016 05/31/2019 08/15/2018 14 Hyde Square 2030 155th Place NE Bellevue WA 98007 Lease-Up 618 Bellevue-East 07/01/2016 05/31/2019 04/04/2018 15 U20 4536 20th Avenue NE Seattle WA 98105 Lease-Up 64 University 02/01/2018 04/30/2019 03/15/2019 16 Bogtown Flats 9039 Greenwood Avenue North Seattle WA 98103 Lease-Up 85 North Seattle 06/01/2017 04/30/2019 03/15/2019 17 Mera 630 Boren Avenue North Seattle WA 98109 Lease-Up 72 Belltown 09/01/2017 04/30/2019 03/01/2019 18 aPODment Suites @ Giardino 1514 NW 52nd Street Seattle WA 98107 Lease-Up 62 Ballard 10/01/2017 04/30/2019 02/15/2019 19 CityScape Phase II 558 121st Place NE Bellevue WA 98005 Lease-Up 50 Bellevue-East 03/01/2017 04/30/2019 11/01/2018 20 Sedona Phase II 8520 20th Avenue NE Seattle WA 98115 Lease-Up 215 North Seattle 06/01/2017 04/30/2019 10/12/2018 Total Lease-Up 3,621 21 707 Terry Avenue 707 Terry Avenue Seattle WA 98104 Under Construction 488 First Hill 10/01/2018 09/30/2021 22 Spring Street & 8th Avenue 1101 8th Avenue Seattle WA 98101 Under Construction 550 First Hill 09/24/2018 03/31/2021 23 64th Avenue South & West Meeker St 64th Avenue South & West Meeker Street Kent WA 98032 Under Construction 327 Kent 02/01/2019 02/28/2021 24 1200 Stewart Street 1200 Stewart Street Seattle WA 98101 Under Construction 1,050 Belltown 07/01/2018 02/28/2021 25 M, The 4700 Brooklyn Avenue NE Seattle WA 98105 Under Construction 230 University 11/15/2018 12/31/2020 26 Rainier Square Redevelopment SEC 4th Avenue & Union Street Seattle WA 98101 Under Construction 208 Belltown 08/01/2018 12/31/2020 27 Bower, The 11811 NE 128th Street Kirkland WA 98034 Under Construction 339 Woodinville/Totem Lake 05/15/2018 11/30/2020 28 Alexan Central Park 16160 NE 80th Street Redmond WA 98052 Under Construction 193 Redmond 08/01/2018 10/31/2020 29 Center Steps 225 Roy Street Seattle WA 98109 Under Construction 269 Queen Anne 12/01/2018 09/30/2020 30 Tukwila Village Phase II 14200 Tukwila International Blvd Tukwila WA 98168 Under Construction 210 Riverton/Tukwila 01/15/2019 09/30/2020 31 1120 Denny Way 1120 Denny Way Seattle WA 98109 Under Construction 1,128 Belltown 05/01/2017 08/31/2020

Source: Yardi Matrix Seattle 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 32 Jackson 2309 South Jackson Street Seattle WA 98144 Under Construction 532 Central 03/01/2018 06/30/2020 33 Avalon North Creek 19720 Bothell Everett Hwy Bothell WA 98012 Under Construction 316 Thrashers Corner 08/15/2018 05/31/2020 34 Marquee on Meeker 2030 West Meeker Street Kent WA 98032 Under Construction 288 Kent 06/15/2018 05/31/2020 35 Stream Dexios 1600 Dexter Avenue North Seattle WA 98109 Under Construction 80 Queen Anne 07/11/2018 04/30/2020 36 Avalon Newcastle Commons Phase II 13398 Newcastle Commons Drive Newcastle WA 98059 Under Construction 293 Factoria 09/17/2018 04/30/2020 37 Waterview Crossing 2810 South 220th Street Des Moines WA 98198 Under Construction 326 Des Moines 06/01/2018 04/30/2020 38 Shoreline 17233 15th Avenue NE Shoreline WA 98155 Under Construction 243 Shoreline 10/01/2018 04/30/2020 39 Capitol Hill TOD Site C 1830 Broadway Seattle WA 98122 Under Construction 94 Capitol Hill/Eastlake 08/01/2018 04/30/2020 40 Modera First Hill 125 Boren Avenue South Seattle WA 98144 Under Construction 288 Central 08/20/2018 04/30/2020 41 Woodin Creek Village Phase II 17300 135th Avenue NE Woodinville WA 98072 Under Construction 316 Woodinville/Totem Lake 09/01/2017 03/31/2020 42 Iron Flats 814 NE 66th Street Seattle WA 98115 Under Construction 289 Greenlake/Wallingford 08/01/2018 03/31/2020 43 Bear Creek 15806 Bear Creek Pkwy Redmond WA 98052 Under Construction 360 Redmond 06/15/2018 03/31/2020 44 AMLI Spring District 1375 121st Avenue NE Bellevue WA 98005 Under Construction 204 Bellevue-East 01/15/2018 02/29/2020 45 408 Aurora Avenue North 408 Aurora Avenue North Seattle WA 98109 Under Construction 78 Belltown 12/01/2018 02/29/2020 46 Madison Plaza 102 Madison Avenue Kent WA 98032 Under Construction 157 Kent 09/15/2018 01/31/2020 47 Modera Redmond 8709 161st Avenue NE Redmond WA 98052 Under Construction 300 Redmond 10/15/2017 01/31/2020 48 Stazione:25, The 2615 25th Avenue South Seattle WA 98144 Under Construction 301 Beacon Hill 03/15/2018 01/31/2020 49 Edge, The 8336 165th Avenue NE Redmond WA 98052 Under Construction 105 Redmond 05/01/2018 12/31/2019 50 Parkside 15551 NE Turing Street Redmond WA 98052 Under Construction 664 Redmond 09/15/2017 12/31/2019 51 800 5th Avenue North 800 5th Avenue North Seattle WA 98109 Under Construction 68 Queen Anne 09/01/2018 12/31/2019 52 Notch 13800 Newcastle Golf Club Road Newcastle WA 98059 Under Construction 158 Factoria 08/15/2018 12/31/2019 53 Vintage at Seatac 21212 International Blvd SeaTac WA 98198 Under Construction 170 Seatac 09/01/2018 12/31/2019 54 3310 NE 125th Street 3310 NE 125th Street Seattle WA 98125 Under Construction 150 North Seattle 07/01/2018 11/30/2019 55 Village at Totem Lake 12601 120th Avenue NE Kirkland WA 98034 Under Construction 201 Woodinville/Totem Lake 01/03/2018 11/30/2019 56 Whitworth 1619 East John Street Seattle WA 98112 Under Construction 54 Capitol Hill/Eastlake 08/01/2018 11/30/2019 57 Crossroads Senior Living 1390 158th Place NE Bellevue WA 98008 Under Construction 185 Redmond 02/01/2018 11/30/2019 58 600 East Howell Street 600 East Howell Street Seattle WA 98122 Under Construction 76 Capitol Hill/Eastlake 11/12/2018 11/30/2019 59 Blackbird 7601 159th Place NE Redmond WA 98052 Under Construction 165 Redmond 02/01/2018 10/31/2019 60 Bellevue Parkside 25 102nd Avenue NE Bellevue WA 98004 Under Construction 136 Bellevue-West 03/15/2018 10/31/2019

Source: Yardi Matrix Seattle 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 61 Brio 1021 112th Avenue NE Bellevue WA 98004 Under Construction 258 Bellevue-West 10/09/2017 10/31/2019 62 403 Dexter Avenue North 403 Dexter Avenue North Seattle WA 98109 Under Construction 98 Belltown 07/09/2018 10/31/2019 63 701 16th Avenue 701 16th Avenue Seattle WA 98122 Under Construction 50 Central 09/15/2018 10/31/2019 64 Eight Eighty-Eight 888 108th Avenue NE Bellevue WA 98004 Under Construction 158 Bellevue-West 10/15/2017 10/31/2019 65 Arabella II 1215 North 180th Street Shoreline WA 98133 Under Construction 107 Shoreline 11/15/2017 09/30/2019 66 4025 Stone Way North 4025 Stone Way North Seattle WA 98103 Under Construction 59 Greenlake/Wallingford 06/11/2018 09/30/2019 67 Portal, The 743 North 35th Street Seattle WA 98103 Under Construction 56 Greenlake/Wallingford 07/15/2018 09/30/2019 68 4710 Flats 4710 20th Avenue NE Seattle WA 98107 Under Construction 52 University 09/17/2018 09/30/2019 69 14th & Madison 1401 East Seattle WA 98122 Under Construction 137 Capitol Hill/Eastlake 02/22/2018 09/30/2019 70 Anew Broadway 510 Broadway Seattle WA 98122 Under Construction 86 Central 10/19/2018 09/30/2019 71 Luna 2719 California Avenue SW Seattle WA 98116 Under Construction 108 West Seattle 01/17/2018 09/30/2019 72 Roosevelt 4218 Roosevelt Way NE Seattle WA 98105 Under Construction 114 University 05/01/2018 08/31/2019 73 Alexan 100 100 Denny Way Seattle WA 98109 Under Construction 164 Queen Anne 04/01/2017 08/31/2019 74 Braseth 42nd 4532 42nd Avenue SW Seattle WA 98116 Under Construction 76 West Seattle 07/23/2018 08/31/2019 75 Talisman 7405 168th Avenue NE Redmond WA 98052 Under Construction 286 Redmond 09/01/2017 08/31/2019 76 Westgate Village 10032 Edmonds Way Edmonds WA 98020 Under Construction 91 Edmonds 07/01/2018 07/31/2019 77 Valdok II 1702 NW 56th Street Seattle WA 98107 Under Construction 157 Ballard 08/15/2017 07/31/2019 78 Vida 1205 NE 66th Street Seattle WA 98115 Under Construction 201 University 10/01/2017 07/31/2019 79 Robin's Nest 3272 Fuhrman Avenue East Seattle WA 98102 Under Construction 61 Capitol Hill/Eastlake 03/04/2018 07/31/2019 80 Avalon Belltown Towers 210 Wall Street Seattle WA 98121 Under Construction 275 Belltown 07/01/2017 07/31/2019 81 Uptown 6th Street & Central Way Kirkland WA 98033 Under Construction 185 Kirkland 10/03/2016 07/31/2019 82 Metro Line Flats 915 East Spruce Street Seattle WA 98122 Under Construction 75 Central 09/15/2017 07/31/2019 83 Muir 718 Rainier Avenue South Seattle WA 98144 Under Construction 135 Central 10/01/2017 07/31/2019 84 Track 66 836 NE 66th Street Seattle WA 98115 Under Construction 78 Greenlake/Wallingford 03/15/2018 06/30/2019 85 Vista 7011 7011 Roosevelt Way NE Seattle WA 98115 Under Construction 56 Greenlake/Wallingford 06/01/2018 06/30/2019 86 Avant 2100 East Madison Street Seattle WA 98112 Under Construction 50 Capitol Hill/Eastlake 01/08/2018 06/30/2019 87 Huxley, The 4754 Fauntleroy Way SW Seattle WA 98116 Under Construction 118 West Seattle 01/02/2018 06/30/2019 88 Avaya Ridge 10615 SE 172nd Street Renton WA 98055 Under Construction 74 Renton 06/01/2018 06/30/2019 89 18727 Blueberry Lane 18727 Blueberry Lane Monroe WA 98272 Under Construction 112 Marysville/Monroe 12/01/2017 05/31/2019

Source: Yardi Matrix Seattle 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 90 Vitality on 17th 5512 17th Avenue NW Seattle WA 98107 Under Construction 94 Ballard 03/15/2018 05/31/2019 91 Brooklyn Six Five 1222 NE 65th Street Seattle WA 98115 Under Construction 55 University 09/15/2017 05/31/2019 92 B2 10625 Main Street Bellevue WA 98004 Under Construction 165 Bellevue-West 08/01/2017 05/31/2019 93 10 Clay 10 Clay Street Seattle WA 98121 Under Construction 62 Belltown 09/15/2017 05/31/2019 94 Prism 10711 8th Avenue NE Seattle WA 98125 Under Construction 138 North Seattle 08/15/2017 05/31/2019 95 Zella 429 2nd Avenue West Seattle WA 98119 Under Construction 128 Queen Anne 10/01/2017 05/31/2019 96 Cypress 120 Broadway Seattle WA 98122 Under Construction 237 Central 10/15/2017 05/31/2019 97 Revel Issaquah 2450 Newport Way NW Issaquah WA 98027 Under Construction 146 Issaquah 01/15/2018 05/31/2019 98 Arion 4230 11th Avenue NE Seattle WA 98105 Under Construction 98 University 01/27/2016 04/30/2019 Total Under Construction 16,189 99 3214 Broadway 3214 Broadway Everett WA 98201 Planned 140 Central Everett 100 Everett Waterfront 1300 West Marine View Drive Everett WA 98201 Planned 266 Central Everett 101 Riverview 1622 East Marine View Drive Everett WA 98201 Planned 203 Central Everett 102 18631 Alderwood Mall Pkwy 18631 Alderwood Mall Pkwy Lynnwood WA 98037 Planned 349 Lynnwood 103 Greater Residence 16224 Meadow Road Lynnwood WA 98087 Planned 123 Mill Creek 104 Affinity at Arlington 172nd Street NE & Smokey Point Blvd Arlington WA 98223 Planned 170 Marysville/Monroe 105 Alexan Shoreline 15560 Westminster Way North Shoreline WA 98133 Planned 309 Shoreline 106 Bothell Way 18107 98th Avenue NE Bothell WA 98011 Planned 200 Bothell 107 Lifebridge 11725 NE 118th Street Kirkland WA 98034 Planned 410 Juanita 108 10540 Greenwood Avenue North 10540 Greenwood Avenue North Seattle WA 98133 Planned 62 North Seattle 109 320 North 85th Street 320 North 85th Street Seattle WA 98103 Planned 203 North Seattle 110 8501-8521 15th Avenue NW 8501 15th Avenue NW Seattle WA 98117 Planned 114 North Seattle 111 8612 Palatine Avenue North 8612 Palatine Avenue North Seattle WA 98103 Planned 141 North Seattle 112 8829 Roosevelt Way NE 8829 Roosevelt Way NE Seattle WA 98115 Planned 72 North Seattle 113 Artisan, The 12706 33rd Avenue NE Seattle WA 98125 Planned 172 North Seattle 114 Lake City Way 14040 Lake City Way NE Seattle WA 98125 Planned 170 North Seattle 115 Northgate 10700 5th Avenue NE Seattle WA 98125 Planned 235 North Seattle 116 1501 NW 59th Street 1501 NW 59th Street Seattle WA 98107 Planned 53 Ballard 117 1740 NW Market Street 1740 NW Market Street Seattle WA 98107 Planned 50 Ballard 118 6416 15th Avenue NW 6416 15th Avenue NW Seattle WA 98107 Planned 60 Ballard 119 8311 15th Avenue NW 8311 15th Avenue NW Seattle WA 98117 Planned 83 Ballard 120 4048 7th Avenue NE 4048 7th Avenue NE Seattle WA 98105 Planned 80 Greenlake/Wallingford

Source: Yardi Matrix Seattle 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 121 4555 Roosevelt Way NE 4555 Roosevelt Way NE Seattle WA 98105 Planned 168 Greenlake/Wallingford 122 6860 East Green Lake Way North 6860 East Green Lake Way North Seattle WA 98115 Planned 59 Greenlake/Wallingford 123 7001 Roosevelt Way NE 7001 Roosevelt Way NE Seattle WA 98115 Planned 54 Greenlake/Wallingford 124 8403 Greenwood Avenue North 8403 Greenwood Avenue North Seattle WA 98103 Planned 70 Greenlake/Wallingford 125 Broadstone Stone Way 4106 Stone Way North Seattle WA 98103 Planned 143 Greenlake/Wallingford 126 Fireside Flats 831 NE 68th Street Seattle WA 98115 Planned 103 Greenlake/Wallingford 127 Green Lake North 420 NE 72nd Street Seattle WA 98115 Planned 133 Greenlake/Wallingford 128 Grove, The 1216 North 42nd Street Seattle WA 98103 Planned 51 Greenlake/Wallingford 129 Phinney Flats 6726 Greenwood Avenue North Seattle WA 98103 Planned 59 Greenlake/Wallingford 130 Sora - University District 4239 8th Avenue NE Seattle WA 98105 Planned 52 Greenlake/Wallingford 131 Theo 815 NE 66th Street Seattle WA 98115 Planned 79 Greenlake/Wallingford 132 1300 NE 65th Street 1300 NE 65th Street Seattle WA 98115 Planned 165 University 133 Block 3A 6502 15th Avenue NE Seattle WA 98115 Planned 131 University 134 Brooklyn 1309 NE 66th Street Seattle WA 98115 Planned 77 University 135 Centerline 6505 15th Avenue NE Seattle WA 98115 Planned 235 University 136 Luxe II 1403 NE 65th Street Seattle WA 98115 Planned 52 University 137 Union Bay Place 4600 Union Bay Place NE Seattle WA 98105 Planned 98 University 138 Esterra Park Block 10 2651 156th Avenue NE Redmond WA 98052 Planned 263 Redmond 139 LMC Marymoor 17611 NE 70th Street Redmond WA 98052 Planned 433 Redmond 140 Modera Overlake 15260 Bel-Red Road Redmond WA 98052 Planned 246 Redmond 141 Modera River Trail 15801 NE 85th Street Redmond WA 98052 Planned 250 Redmond 142 Redmond Way Flats 16760 Redmond Way Redmond WA 98052 Planned 102 Redmond 143 North Aspect Totem Lake 12500 120th Avenue NE Kirkland WA 98034 Planned 650 Woodinville/Totem Lake 144 Totem Lake 11903 NE 128th Street Kirkland WA 98034 Planned 134 Woodinville/Totem Lake 145 Interbay 3008 16th Avenue West Seattle WA 98119 Planned 93 Magnolia 146 1110 Dexter Avenue North 1110 Dexter Avenue North Seattle WA 98109 Planned 85 Queen Anne 147 1405 -1415 Dexter Avenue North 1405 Dexter Avenue North Seattle WA 98109 Planned 167 Queen Anne 148 215 1st Avenue North 215 1st Avenue North Seattle WA 98109 Planned 68 Queen Anne 149 320 Queen Anne Avenue North 320 Queen Anne Avenue North Seattle WA 98109 Planned 59 Queen Anne 150 400 Queen Anne Avenue 400 Queen Anne Avenue North Seattle WA 98109 Planned 110 Queen Anne 151 400 Roy 400 Roy Street Seattle WA 98109 Planned 65 Queen Anne 152 609 West Nickerson Street 609 West Nickerson Street Seattle WA 98119 Planned 70 Queen Anne 153 Niwa 513 1st Avenue North Seattle WA 98109 Planned 127 Queen Anne

Source: Yardi Matrix Seattle 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 154 Roystone 631 Queen Anne Avenue North Seattle WA 98109 Planned 93 Queen Anne 155 1208 East Olive Street 1208 East Olive Street Seattle WA 98122 Planned 61 Capitol Hill/Eastlake 156 1320 East Pine Street 1320 East Pine Street Seattle WA 98122 Planned 79 Capitol Hill/Eastlake 157 225 Harvard Avenue East 225 Harvard Avenue East Seattle WA 98102 Planned 72 Capitol Hill/Eastlake 158 2334 Franklin Avenue East 2334 Franklin Avenue East Seattle WA 98102 Planned 56 Capitol Hill/Eastlake 159 953 East Union Street 953 East Union Street Seattle WA 98122 Planned 60 Capitol Hill/Eastlake 160 ELEV8 10833 NE 8th Street Bellevue WA 98004 Planned 423 Bellevue-West 161 Four 106 Phase I 320 106th Avenue NE Bellevue WA 98004 Planned 326 Bellevue-West 162 Plaza Residential 10850 NE 8th Street Bellevue WA 98004 Planned 260 Bellevue-West 163 SummerHill BelRed 1600 132nd Avenue NE Bellevue WA 98005 Planned 250 Bellevue-East 164 1170 Republican 1170 Republican Street Seattle WA 98109 Planned 110 Belltown 165 1800 Terry Avenue 1800 Terry Avenue Seattle WA 98101 Planned 428 Belltown 166 1901 Minor Avenue 1901 Minor Avenue Seattle WA 98101 Planned 940 Belltown 167 2014 Fairview Avenue 2014 Fairview Avenue Seattle WA 98121 Planned 437 Belltown 168 2121 5th Avenue 2121 5th Avenue Seattle WA 98121 Planned 119 Belltown 169 307 Broad 307 Broad Street Seattle WA 98121 Planned 149 Belltown 170 427 9th Avenue North 427 9th Avenue North Seattle WA 98109 Planned 242 Belltown 171 5th & Lenora 2025 5th Avenue Seattle WA 98121 Planned 463 Belltown 172 5th & Virginia 1933 5th Avenue Seattle WA 98101 Planned 431 Belltown 173 901 Harrison Street 901 Harrison Street Seattle WA 98109 Planned 292 Belltown 174 9th & John 818 John Street Seattle WA 98109 Planned 278 Belltown 175 Altitude Residences 1903 5th Avenue Seattle WA 98101 Planned 236 Belltown 176 BB6 2300 6th Avenue Seattle WA 98121 Planned 936 Belltown 177 Block V 2301 7th Avenue Seattle WA 98121 Planned 609 Belltown 178 Boren + Lenora 2019 Boren Avenue Seattle WA 98121 Planned 393 Belltown 179 Crosby Capitol Hill 1517 Bellevue Avenue Seattle WA 98122 Planned 50 First Hill 180 104 12th Avenue 104 12th Avenue Seattle WA 98122 Planned 282 Central 181 500 Broadway 500 Broadway Seattle WA 98122 Planned 85 Central 182 Jackson & 26th 2524 South Jackson Street Seattle WA 98144 Planned 77 Central 183 Rainier 622 Rainier Avenue South Seattle WA 98144 Planned 185 Central 184 Sound Flats 157 12th Avenue Seattle WA 98122 Planned 78 Central 185 Quendall Terminals 4350 Lake Washington Blvd North Renton WA 98056 Planned 692 Factoria 186 4508 California Avenue SW 4508 California Avenue SW Seattle WA 98116 Planned 79 West Seattle

Source: Yardi Matrix Seattle 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 187 4722 Fauntleroy Way SW 4722 Fauntleroy Way SW Seattle WA 98116 Planned 305 West Seattle 188 4800 Erskine Way SW 4800 Erskine Way SW Seattle WA 98116 Planned 65 West Seattle 189 Junction Landing 4417 42nd Avenue SW Seattle WA 98116 Planned 62 West Seattle 190 1405 South Bayview Street 1405 South Bayview Street Seattle WA 98144 Planned 67 Beacon Hill 191 5721 - 5722 35th Avenue South 5721 35th Avenue South Seattle WA 98103 Planned 290 Beacon Hill 192 2016 23rd Avenue South 2016 23rd Avenue South Seattle WA 98144 Planned 100 Rainier Valley 193 2029 24th Avenue South 2029 24th Avenue South Seattle WA 98144 Planned 66 Rainier Valley 194 3421 Rainier Avenue South 3421 Rainier Avenue South Seattle WA 98144 Planned 73 Rainier Valley 195 5201 Rainier Avenue South 5201 Rainier Avenue South Seattle WA 98118 Planned 107 Rainier Valley 196 6901 Martin Luther King Jr Way South 6901 Martin Luther King Jr Way South Seattle WA 98118 Planned 141 Rainier Valley 197 Link Mt. Baker 3208 Claremont Avenue South Seattle WA 98144 Planned 156 Rainier Valley 198 Sonata West 4561 Martin Luther King Jr Way South Seattle WA 98108 Planned 98 Rainier Valley NEC SE 240th Street & Maple Valley Black 199 Marques Diamond Road SE Maple Valley WA 98038 Planned 183 Renton 200 VIA 405 25 South Grady Way Renton WA 98057 Planned 270 Renton 201 Kent Midway 24050 Pacific Hwy South Kent WA 98032 Planned 265 Des Moines 202 Traditions at Federal Way 31701 Pete von Reichbauer Way South Federal Way WA 98003 Planned 200 Federal Way 203 Auburn Town Center 103 South Division Street Auburn WA 98001 Planned 227 Auburn 204 Arista Residences 4715 25th Avenue NE Seattle WA 98105 Planned 235 University 205 University 5039 5039 11th Avenue NE Seattle WA 98105 Planned 51 University 206 2031 Westlake 2031 North Seattle WA 98109 Planned 71 Queen Anne 207 Ross Town Flats 318 Nickerson Street Seattle WA 98109 Planned 64 Queen Anne 208 15th Avenue East & East Mercer Street SWC 15th Avenue East & East Mercer Street Seattle WA 98112 Planned 75 Capitol Hill/Eastlake 209 Capitol Hill Station 118 Broadway East Seattle WA 98102 Planned 150 Capitol Hill/Eastlake 210 Capitol Hill TOD Site B South 123 10th Avenue East Seattle WA 98102 Planned 74 Capitol Hill/Eastlake 211 Modera Broadway 1732 Broadway Seattle WA 98122 Planned 228 Capitol Hill/Eastlake 212 1165-1175 Harrison Street 1165 Harrison Street Seattle WA 98109 Planned 80 Belltown 213 1020 South Main Street 1020 South Main Street Seattle WA 98144 Planned 214 Central 214 1029 South Jackson Street 1029 South Jackson Street Seattle WA 98104 Planned 320 Central 215 First Central Station 1203 East Spruce Street Seattle WA 98122 Planned 369 Central 216 Yesler Terrace Block 4 1000 East Yesler Way Seattle WA 98122 Planned 280 Central 217 2885 78th Avenue SE 2885 78th Avenue SE Mercer Island WA 98040 Planned 155 Mercer Island 218 Beacon Hill 2912 Beacon Avenue South Seattle WA 98144 Planned 65 Beacon Hill

Source: Yardi Matrix Seattle 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 219 3235 Rainier Avenue South 3235 Rainier Avenue South Seattle WA 98144 Planned 112 Rainier Valley 220 Cubix Othello 7339 43rd Avenue South Seattle WA 98118 Planned 85 Rainier Valley Total Planned 22,890 221 Allegro at Ash Creek 16617 Ash Way Lynnwood WA 98037 Prospective 114 Lynnwood 222 Evergreen Village 18626 State Route 99 Lynnwood WA 98037 Prospective 231 Lynnwood 223 Farm at Mill Creek, The 4008 132nd Street SE Mill Creek WA 98012 Prospective 382 Mill Creek 224 Harmony 14815 41st Avenue Bothell WA 98012 Prospective 70 Mill Creek 225 Point Wells Urban Center 20500 Richmond Beach Drive Edmonds WA 98020 Prospective 250 Edmonds Mountlake 226 Andorra Estates Phase II 22817 Lakeview Drive Terrace WA 98043 Prospective 240 Mountlake Terrace 227 Paradise Lake Road Garden 9321 Paradise Lake Road Snohomish WA 98296 Prospective 360 Marysville/Monroe 228 Weaver Road Senior SWC Bickford Avenue & Weaver Road Snohomish WA 98290 Prospective 100 Marysville/Monroe 229 Sears Redevelopment SWC North 160th Street & Aurora Avenue North Shoreline WA 98133 Prospective 1,300 Shoreline 230 13317 Lake City Way 13317 Lake City Way NE Seattle WA 98125 Prospective 150 North Seattle 231 14001 Lake City Way NE 14001 Lake City Way NE Seattle WA 98125 Prospective 69 North Seattle 232 209 North 87th Street 209 North 87th Street Seattle WA 98103 Prospective 52 North Seattle 233 9731 Greenwood Avenue North 9731 Greenwood Avenue North Seattle WA 98103 Prospective 54 North Seattle 234 9736 Greenwood Avenue North 9736 Greenwood Avenue North Seattle WA 98103 Prospective 50 North Seattle 235 Caspian, The 12741 30th Avenue NE Seattle WA 98125 Prospective 252 North Seattle 236 Lake City 14337 32nd Avenue NE Seattle WA 98125 Prospective 73 North Seattle 237 Natural Lofts 12320 32nd Avenue NE Seattle WA 98125 Prospective 99 North Seattle 238 Turin 10501 Midvale Avenue Seattle WA 98133 Prospective 65 North Seattle 239 1100 NW 54th Street 1100 NW 54th Street Seattle WA 98107 Prospective 70 Ballard 240 1446 NW 53rd Street 1446 NW 53rd Street Seattle WA 98107 Prospective 50 Ballard 241 5602 15th Avenue NW 5602 15th Avenue NW Seattle WA 98107 Prospective 161 Ballard 242 Ballard Yards 2417 NW Market Street Seattle WA 98107 Prospective 171 Ballard 243 Crown Hill 7730 15th Avenue NW Seattle WA 98117 Prospective 54 Ballard 244 Nesttun 7001 15th Avenue NW Seattle WA 98117 Prospective 163 Ballard 245 Ponte 5011 15th Avenue NW Seattle WA 98107 Prospective 134 Ballard 246 3421 Woodland Park Avenue North 3421 Woodland Park Avenue North Seattle WA 98103 Prospective 123 Greenlake/Wallingford 247 444 NE Ravenna Blvd 444 NE Ravenna Blvd Seattle WA 98115 Prospective 116 Greenlake/Wallingford 248 4711 Aurora Avenue North 4711 Aurora Avenue North Seattle WA 98103 Prospective 58 Greenlake/Wallingford 249 6501 Roosevelt Way NE 6501 Roosevelt Way NE Seattle WA 98115 Prospective 126 Greenlake/Wallingford

Source: Yardi Matrix Seattle 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 250 7903-7911 Greenwood Avenue North 7903 Greenwood Avenue North Seattle WA 98103 Prospective 57 Greenlake/Wallingford 251 Rise on Sixty-Seventh 829 NE 67th Street Seattle WA 98115 Prospective 188 Greenlake/Wallingford 252 Winslow Court 909 North 39th Street Seattle WA 98103 Prospective 147 Greenlake/Wallingford 253 1200 NE 45th Street 1200 NE 45th Street Seattle WA 98105 Prospective 227 University 254 1200 NE 50th Street 1200 NE 50th Street Seattle WA 98105 Prospective 55 University 255 4126 12th Avenue NE 4126 12th Avenue NE Seattle WA 98105 Prospective 250 University 256 4212 Roosevelt Way NE 4212 Roosevelt Way NE Seattle WA 98105 Prospective 200 University 257 4510 11th Avenue NE 4510 11th Avenue NE Seattle WA 98105 Prospective 201 University 258 4512 11th Avenue NE 4512 11th Avenue NE Seattle WA 98105 Prospective 101 University 259 4515 Brooklyn Avenue NE 4515 Brooklyn Avenue NE Seattle WA 98105 Prospective 221 University 260 4732 Brooklyn Avenue NE 4732 Brooklyn Avenue NE Seattle WA 98105 Prospective 100 University 261 4751 21st Avenue NE 4751 21st Avenue NE Seattle WA 98105 Prospective 54 University 262 5228 15th Avenue NE 5228 15th Avenue NE Seattle WA 98105 Prospective 57 University 263 5229 University Way NE 5229 University Way NE Seattle WA 98105 Prospective 60 University 264 5300 Roosevelt Way NE 5300 Roosevelt Way NE Seattle WA 98105 Prospective 55 University 265 Broadstone Northeast 4906 25th Avenue NE Seattle WA 98105 Prospective 283 University 266 Montclaire Flats 4727 12th Avenue NE Seattle WA 98105 Prospective 67 University 267 Rhythm 4726 15th Avenue NE Seattle WA 98105 Prospective 129 University 268 Standard, The 4220 12th Avenue NE Seattle WA 98105 Prospective 383 University 269 Trailside Redevelopment 4801 24th Avenue NE Seattle WA 98105 Prospective 268 University 270 University Way 5247 University Way NE Seattle WA 98105 Prospective 59 University 271 312 Central Way 312 Central Way Kirkland WA 98033 Prospective 72 Kirkland 272 Lake Street Place 112 Lake Street South Kirkland WA 98033 Prospective 150 Kirkland 273 2200 148th Avenue NE 2200 148th Avenue NE Redmond WA 98052 Prospective 500 Redmond 274 Redmond City Center 16135 NE 85th Street Redmond WA 98052 Prospective 421 Redmond 275 Redmond Town Center 16425 Cleveland Street Redmond WA 98052 Prospective 580 Redmond 276 14312 132nd Avenue NE 14312 132nd Avenue NE Woodinville WA 98072 Prospective 87 Woodinville/Totem Lake 277 Woodinville Wine Village NE 145th Street & Redmond-Woodinville Rd NE Woodinville WA 98072 Prospective 100 Woodinville/Totem Lake 278 2550 32nd Avenue West 2550 32nd Avenue West Seattle WA 98199 Prospective 146 Magnolia 279 100 Roy Street Redevelopment 100 Roy Street Seattle WA 98109 Prospective 172 Queen Anne 280 1115 Dexter Avenue North 1115 Dexter Avenue North Seattle WA 98109 Prospective 170 Queen Anne 281 118 West Mercer Street 118 West Mercer Street Seattle WA 98119 Prospective 61 Queen Anne 282 1601 Dexter Avenue North 1601 Dexter Avenue North Seattle WA 98109 Prospective 65 Queen Anne

Source: Yardi Matrix Seattle 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 283 2100 Queen Anne Avenue North 2100 Queen Anne Avenue North Seattle WA 98109 Prospective 250 Queen Anne 284 413 3rd Avenue West 413 3rd Avenue West Seattle WA 98119 Prospective 58 Queen Anne 285 6 - 10 Dravus Street 6 Dravus Street Seattle WA 98109 Prospective 90 Queen Anne 286 701 Valley Street 701 Valley Street Seattle WA 98109 Prospective 161 Queen Anne 287 811 5th Avenue North 811 5th Avenue North Seattle WA 98109 Prospective 65 Queen Anne 288 1833 Broadway 1833 Broadway Seattle WA 98122 Prospective 50 Capitol Hill/Eastlake 289 2517 Eastlake Avenue East 2517 Eastlake Avenue East Seattle WA 98102 Prospective 220 Capitol Hill/Eastlake 290 3138 Fairview Avenue East 3138 Fairview Avenue East Seattle WA 98102 Prospective 103 Capitol Hill/Eastlake 291 420 Boylston Avenue East 420 Boylston Avenue East Seattle WA 98102 Prospective 58 Capitol Hill/Eastlake 292 Bellview 736 Bellevue Place East Seattle WA 98102 Prospective 58 Capitol Hill/Eastlake 293 10050 NE 10th Street 10050 NE 10th Street Bellevue WA 98004 Prospective 102 Bellevue-West 294 10777 Main Street 10777 Main Street Bellevue WA 98004 Prospective 135 Bellevue-West 295 606 106th Avenue NE 606 106th Avenue NE Bellevue WA 98004 Prospective 100 Bellevue-West 296 Bellevue at the Park, The 401 Bellevue Way NE Bellevue WA 98004 Prospective 220 Bellevue-West 297 Cadillac Site Phase I & II 1001 106th Avenue NE Bellevue WA 98004 Prospective 295 Bellevue-West 298 Four 106 Phase II 305 108th Avenue NE Bellevue WA 98004 Prospective 200 Bellevue-West 299 Four 106 Phase III 10655 NE 4th Street Bellevue WA 98004 Prospective 100 Bellevue-West 300 1215 120th Avenue NE 1215 120th Avenue NE Bellevue WA 98005 Prospective 420 Bellevue-East 301 1215 120th Avenue NE Phase II 1215 120th Avenue NE Bellevue WA 98005 Prospective 250 Bellevue-East 302 12863 Northup Way 12863 Northup Way Bellevue WA 98005 Prospective 430 Bellevue-East 303 1700 132nd Avenue NE 1700 132nd Avenue NE Bellevue WA 98005 Prospective 355 Bellevue-East 304 1000 Virginia Street 1000 Virginia Street Seattle WA 98101 Prospective 435 Belltown 305 1101 Western Avenue 1101 Western Avenue Seattle WA 98101 Prospective 256 Belltown 306 1314 Denny Way 1314 Denny Way Seattle WA 98109 Prospective 480 Belltown 307 1370 Stewart Street 1370 Stewart Street Seattle WA 98109 Prospective 340 Belltown 308 1412 1st Avenue 1412 1st Avenue Seattle WA 98101 Prospective 442 Belltown 309 1916 Boren Avenue 1916 Boren Avenue Seattle WA 98101 Prospective 534 Belltown 310 2214 2nd Avenue 2214 2nd Avenue Seattle WA 98121 Prospective 180 Belltown 311 222 Dexter Avenue North 222 Dexter Avenue North Seattle WA 98109 Prospective 100 Belltown 312 223 Taylor Avenue North 223 Taylor Avenue North Seattle WA 98109 Prospective 226 Belltown 313 3 + V 1927 3rd Avenue Seattle WA 98101 Prospective 340 Belltown 314 3031 Western Avenue 3031 Western Avenue Seattle WA 98121 Prospective 100 Belltown 315 4th & Bell Tower 2302 4th Avenue Seattle WA 98121 Prospective 287 Belltown

Source: Yardi Matrix Seattle 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 316 4th & Columbia 701 4th Avenue Seattle WA 98104 Prospective 1,020 Belltown 317 500 South Jackson Street 500 South Jackson Street Seattle WA 98104 Prospective 200 Belltown 318 508 Denny Way 508 Denny Way Seattle WA 98109 Prospective 154 Belltown 319 5th & Union 1405 5th Avenue Seattle WA 98101 Prospective 70 Belltown 320 601 Aurora Avenue North 601 Aurora Avenue North Seattle WA 98109 Prospective 123 Belltown 321 75 Marion Street 75 Marion Street Seattle WA 98104 Prospective 106 Belltown 322 8 Tower 2300 8th Avenue Seattle WA 98121 Prospective 286 Belltown 323 800 Stewart Street Tower 800 Stewart Street Seattle WA 98101 Prospective 477 Belltown 324 815 Western Avenue 815 Western Avenue Seattle WA 98104 Prospective 150 Belltown 325 Belltown 2208 4th Avenue Seattle WA 98121 Prospective 307 Belltown 326 Belltown 36 314 Bell Street Seattle WA 98121 Prospective 203 Belltown 327 Belltown Tower 2005 5th Avenue Seattle WA 98121 Prospective 458 Belltown 328 Block 48 101 Westlake Avenue North Seattle WA 98109 Prospective 464 Belltown 329 Block 56 North 433 8th Avenue North Seattle WA 98109 Prospective 90 Belltown 330 Block 56 South 401 8th Avenue North Seattle WA 98109 Prospective 294 Belltown 331 Mercer Blocks, Block 37 630 Westlake Avenue North Seattle WA 98109 Prospective 218 Belltown 332 Residence 2218 2218 1st Avenue Seattle WA 98121 Prospective 111 Belltown 333 Seattle Times Building 121 Boren Avenue North Seattle WA 98109 Prospective 433 Belltown 334 St. Johns 1001 John Street Seattle WA 98109 Prospective 430 Belltown 335 Tommie Residences, The 1932 9th Avenue Seattle WA 98101 Prospective 90 Belltown 336 1100 Boylston Avenue 1100 Boylston Avenue Seattle WA 98104 Prospective 227 First Hill 337 1103 Summit Avenue 1103 Summit Avenue Seattle WA 98104 Prospective 91 First Hill 338 1415 Belmont Avenue 1415 Belmont Avenue Seattle WA 98122 Prospective 60 First Hill 339 1518-1520 5th Avenue 1518 5th Avenue Seattle WA 98101 Prospective 100 First Hill 340 815 9th Avenue 815 9th Avenue Seattle WA 98104 Prospective 276 First Hill 341 Convention Center Site B 920 Olive Way Seattle WA 98101 Prospective 409 First Hill 342 Esker 1208 East Pine Street Seattle WA 98122 Prospective 71 First Hill 343 Knights of Columbus Redevelopment 722 East Union Street Seattle WA 98122 Prospective 50 First Hill 344 119 19th Avenue 119 19th Avenue Seattle WA 98122 Prospective 73 Central 345 12M 1221 South Main Street Seattle WA 98144 Prospective 161 Central 346 16th Avenue 1620 16th Avenue Seattle WA 98122 Prospective 88 Central 347 19th & Madison 1730 19th Avenue Seattle WA 98122 Prospective 160 Central 348 216 10th Avenue 216 10th Avenue Seattle WA 98122 Prospective 111 Central

Source: Yardi Matrix Seattle 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 349 City People's Redevelopment 2925 East Madison Street Seattle WA 98112 Prospective 76 Central 350 SpringHill Suites 616 8th Avenue South Seattle WA 98104 Prospective 123 Central 351 Marketplace Phase II, The NWC SE 38th Street & 124th Avenue SE Bellevue WA 98006 Prospective 354 Factoria 352 Marketplace, The NWC SE 38th Street & 124th Avenue SE Bellevue WA 98006 Prospective 331 Factoria 353 Cedar River 33124 SE North Bend Way North Bend WA 98045 Prospective 212 Issaquah 354 Inneswood 905 Newport Way NW Issaquah WA 98027 Prospective 93 Issaquah 355 River Run 43600 SE 136th Street North Bend WA 98045 Prospective 130 Issaquah 356 3039 SW Avalon Way 3039 SW Avalon Way Seattle WA 98126 Prospective 71 West Seattle 357 4501 38th Avenue SW 4501 38th Avenue SW Seattle WA 98126 Prospective 110 West Seattle 358 4800 40th Avenue SW 4800 40th Avenue SW Seattle WA 98116 Prospective 60 West Seattle 359 7617 35th Avenue SW 7617 35th Avenue SW Seattle WA 98126 Prospective 50 West Seattle 360 California Avenue SW & SW Edmonds St 4747 California Avenue SW Seattle WA 98116 Prospective 74 West Seattle 361 Golden Tee 3201 SW Avalon Way Seattle WA 98126 Prospective 150 West Seattle 362 1801 Rainier Avenue South 1801 Rainier Avenue South Seattle WA 98144 Prospective 186 Beacon Hill 363 5227 Martin Luther King Jr Way South 5227 Martin Luther King Jr Way South Seattle WA 98118 Prospective 52 Beacon Hill 364 5949 36th Avenue South 5949 36th Avenue South Seattle WA 98118 Prospective 55 Beacon Hill 365 821 7th Avenue South 821 7th Avenue South Seattle WA 98134 Prospective 390 Beacon Hill 366 Colina East 2709 17th Avenue South Seattle WA 98144 Prospective 95 Beacon Hill 367 North Beacon Hills 2538 Beacon Avenue South Seattle WA 98144 Prospective 89 Beacon Hill 368 2019 24th Avenue South 2019 24th Avenue South Seattle WA 98144 Prospective 67 Rainier Valley 369 4009 South Willow Street 4009 South Willow Street Seattle WA 98118 Prospective 53 Rainier Valley 370 4221 37th Avenue South 4221 37th Avenue South Seattle WA 98118 Prospective 55 Rainier Valley 371 5231 Rainier Avenue South 5231 Rainier Avenue South Seattle WA 98118 Prospective 110 Rainier Valley 372 Cloverdale 38th Avenue South & South Cloverdale Street Seattle WA 98118 Prospective 58 Rainier Valley 373 Columbia City 4050 Martin Luther King Jr Way South Seattle WA 98108 Prospective 80 Rainier Valley 374 Genoa Apodments 2000 23rd Avenue South Seattle WA 98144 Prospective 139 Rainier Valley 375 Path Othello Buildings A & C 7301 Martin Luther King Jr Way South Seattle WA 98118 Prospective 375 Rainier Valley 376 Thistle Court 4911 South Rose Street Seattle WA 98118 Prospective 57 Rainier Valley 377 1010 SW 122nd Street 1010 SW 122nd Street Seattle WA 98146 Prospective 112 White Center 378 Barton Terrace 2222 SW Barton Street Seattle WA 98106 Prospective 66 White Center 379 Talus 95 Talus Corporate Way NW Maple Valley WA 98038 Prospective 380 Renton 380 Waynes Place 13850 SE 180th Street Renton WA 98058 Prospective 78 Renton 381 Marquee on Meeker Phase II 2030 West Meeker Street Kent WA 98032 Prospective 204 Kent

Source: Yardi Matrix Seattle 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 382 Auburn Senior Living 36 West Main Street Auburn WA 98001 Prospective 161 Auburn Mountlake 383 Andorra Estates 22817 Lakeview Drive Terrace WA 98043 Prospective 84 Mountlake Terrace 384 12335 120th Avenue NE 12335 120th Avenue NE Kirkland WA 98034 Prospective 395 Juanita 385 8704 Greenwood Avenue North 8704 Greenwood Avenue North Seattle WA 98103 Prospective 270 North Seattle 386 Lake City Way NE 12558 Lake City Way NE Seattle WA 98125 Prospective 350 North Seattle Northgate Equitable Transit Oriented 387 Development NEC 1st Avenue NE & NE 100th Street Seattle WA 98125 Prospective 600 North Seattle 388 Corner 63 6300 9th Avenue NE Seattle WA 98115 Prospective 141 Greenlake/Wallingford 389 434 Kirkland Way 434 Kirkland Way Kirkland WA 98033 Prospective 173 Kirkland 390 Continental Divide 8505 132nd Avenue NE Kirkland WA 98033 Prospective 133 Redmond 391 Rose Hill 12040 NE 85th Street Kirkland WA 98033 Prospective 740 Redmond 392 417 2nd Avenue West 417 2nd Avenue West Seattle WA 98119 Prospective 97 Queen Anne 393 800 East Denny Way 800 East Denny Way Seattle WA 98102 Prospective 83 Capitol Hill/Eastlake 394 303 Battery Street 303 Battery Street Seattle WA 98212 Prospective 104 Belltown 395 Waverly, The 210 8th Avenue North Seattle WA 98109 Prospective 374 Belltown 396 12th & Jackson 1032 South Jackson Street Seattle WA 98104 Prospective 280 Central 397 209 12th Avenue South 209 12th Avenue South Seattle WA 98144 Prospective 335 Central 398 Midtown Commons 2301 East Union Street Seattle WA 98122 Prospective 431 Central 399 South Washington Street & Yesler Way South Washington Street & Yesler Way Seattle WA 98104 Prospective 365 Central 400 Atlas, The 12901 Newcastle Way Newcastle WA 98056 Prospective 98 Factoria 401 Beacon Crossing 2505 Beacon Avenue South Seattle WA 98144 Prospective 97 Beacon Hill 402 Grand Street Commons South Grand Street & Rainier Avenue South Seattle WA 98144 Prospective 700 Beacon Hill 403 Tower Steps 1200 12th Avenue South Seattle WA 98144 Prospective 312 Beacon Hill 404 3717 South Alaska 3717 South Alaska Street Seattle WA 98118 Prospective 243 Rainier Valley 405 7350 Martin Luther King Jr Way South 7350 Martin Luther King Jr Way South Seattle WA 98118 Prospective 80 Rainier Valley 406 Sunset Terrace Redevelopment Phase II NE Sunset Blvd & Harrington Avenue NE Renton WA 98056 Prospective 226 Renton Total Prospective 37,231 TOTAL SEATTLE 79,931

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