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Eastern LA County New Construction & Proposed Multifamily Projects 2Q19

66

7 21 23 22 28 20 79 65 80 63 ID PROPERTY UNITS 78 7 Theo 105 62 Total Under Construction 105

20 AMLI at Old Pasadena 400 21 Los Robles 307 64 22 MW Lofts 115 23 Picasso, The 98 28 Pasadena Gateway 550 Total Planned 1,470

62 141 South Lake Avenue 70 63 150 East Colorado Blvd 100 64 540 South Lake Avenue 62 65 83 North Lake Avenue 73 66 Heritage Square Senior Phase II 70 78 740 - 790 East Green Street 273 79 Olivewood Village: Olivewood 86 North 80 Olivewood Village: Olivewood 55 South

Total Prospective 789 2000 ft Source: Yardi Matrix

LEGEND Lease-Up Under Construction Planned Prospective Eastern LA County New Construction & Proposed Multifamily Projects 2Q19

76 75 57

74 58 61

ID PROPERTY UNITS 17 17 1630 San Pablo 95 18 18 Garvey Villas 168 26 Adams & Grand 296 27 Reef, The 549 49 Total Planned 1,108 71 27 77 26 29 68th and Main 60 56 72 73 46 Victoria Greens Townhomes 175 47 Laemmle Mixed Use Project 81 59 48 Plaza Mexico Residences 348 49 2100 South Figueroa 291 50 50 4851 South 118 51 5888 - 5910 & 5879 - 5887 50 51 Crocker Street 29 52 8509 South 56 53 9402-9422 South Broadway 160 70 55 Jordan Downs Urban Village 870 Phase IV 52 56 Mail Order District 1,030 53 57 6040 North 50 55 58 Rose Hill Courts Redevelopment 97 Phase II 59 700 South Whittier Blvd 232 48 61 Villages at the Alhambra, The 545 70 155 West 108 71 2222 South Figueroa 418 72 505 West 31st Street 73 73 New Wyvernwood 1,200 74 3555 North Figueroa Street 55 75 Casitas Lofts 419 47 76 Glassell Park 370 77 3rd Street & Dangler Avenue 76 46 Total Prospective 6,882 1 mi Source: Yardi Matrix

LEGEND Lease-Up Under Construction Planned Prospective Eastern LA County New Construction & Proposed Multifamily Projects 2Q19

69

41 36

ID PROPERTY UNITS 1 AMLI Park Broadway 222 Total Lease Up 222

4 Ocean View Tower 98 68 5 Oceanaire 216 6 Alamitos, The 137 38 8 Pacific, The 163 9 Crest, The 112 Total Under Construction 726 15 37 8 13 500 West Broadway 142 25 1 40 14 Shoreline Gateway 315 43 13 42 15 Third & Pacific 366 39 6 25 Broadway Block 392 Total Planned 1,215 4 5 14 9 36 1105 Long Beach Blvd 120 37 320 Alamitos Avenue 77 38 507 Pacific Avenue 157 39 Aster 218 40 Inkwell 189 41 Locust Long Beach 97 42 Residences at Linden 82 43 West Gateway 756 68 and Pacific Avenue 271 69 Axiom 142

Total Prospective 2,109 1000 ft Source: Yardi Matrix

LEGEND Lease-Up Under Construction Planned Prospective Eastern LA County New Construction & Proposed Multifamily Projects 2Q19

16 45

2

ID PROPERTY UNITS 44 2 Union South Bay 357 Total Under Construction 357

16 Evolve South Bay 300 Total Planned 300

44 Heritage Square 199 45 Boulevards at South Bay, The 400

Total Prospective 599 2000 ft Source: Yardi Matrix

LEGEND Lease-Up Under Construction Planned Prospective Eastern LA County New Construction & Proposed Multifamily Projects 2Q19

24 32 33 67 10 31 35 34 11

60

30

19 3

ID PROPERTY UNITS 3 Paseo at the Gateway, The 208 Total Under Construction 208

10 Huntington Drive 161 11 Orchard, The 163 12 Groves at Whittier, The 189 59 19 Vista at the Gateway, The 212 24 Avalon Monrovia 154 Total Planned 879

30 Bonita Station 647 12 31 1625 South Magnolia Avenue 436 32 Arroyo at Monrovia Station, The 284 33 Avenue, The 127 34 Gold Line Station 700 35 Station Square South 296 59 700 South Whittier Blvd 232 60 Arcadia Commons 303 67 127 West Pomona Avenue 310

Total Prospective 3,335 1 mi Source: Yardi Matrix

LEGEND Lease-Up Under Construction Planned Prospective Eastern LA County 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 AMLI Park Broadway 245 West Broadway Long Beach CA 90802 Lease-Up 222 SW Long Beach 12/01/2016 07/31/2019 11/01/2018 Total Lease-Up 222 2 Union South Bay 21600 South Avalon Blvd Carson CA 90220 Under Construction 357 West Long Beach 10/01/2018 12/31/2020 Alhambra / San Gabriel / El 3 Paseo at the Gateway, The 3543 Santa Anita Avenue El Monte CA 91731 Under Construction 208 Monte 09/27/2018 06/30/2020 4 Ocean View Tower 200 West Ocean Blvd Long Beach CA 90802 Under Construction 98 SW Long Beach 12/01/2017 01/31/2020 5 Oceanaire 150 West Ocean Blvd Long Beach CA 90802 Under Construction 216 SW Long Beach 11/01/2016 12/31/2019 6 Alamitos, The 101 Alamitos Avenue Long Beach CA 90802 Under Construction 137 SW Long Beach 04/01/2017 08/31/2019 7 Theo 289 North El Molino Avenue Pasadena CA 91101 Under Construction 105 Pasadena / Arcadia 12/01/2017 08/31/2019 8 Pacific, The 230 West 3rd Street Long Beach CA 90802 Under Construction 163 SW Long Beach 08/15/2017 08/31/2019 9 Crest, The 207 East Seaside Way Long Beach CA 90802 Under Construction 112 SW Long Beach 04/01/2017 07/31/2019 Total Under Construction 1,396 10 Huntington Drive 1437 East Huntington Drive Duarte CA 91010 Planned 161 Azusa/Monrovia 11 Orchard, The North Azusa Avenue & West Foothill Blvd Azusa CA 91702 Planned 163 Azusa/Monrovia 12 Groves at Whittier, The 11850 Whittier Blvd Whittier CA 90601 Planned 189 Whittier / La Mirada 13 500 West Broadway 500 West Broadway Long Beach CA 90802 Planned 142 SW Long Beach 14 Shoreline Gateway 725 East Ocean Blvd Long Beach CA 90802 Planned 315 SW Long Beach 15 Third & Pacific 131 West 3rd Street Long Beach CA 90802 Planned 366 SW Long Beach 16 Evolve South Bay 20330 South Main Street Carson CA 90745 Planned 300 West Long Beach 17 1630 San Pablo 1630 San Pablo Street CA 90033 Planned 95 East Los Angeles North 18 Garvey Villas 808 West Monterey Park CA 91754 Planned 168 S El Monte / Rosemead Alhambra / San Gabriel / El 19 Vista at the Gateway, The 10561 Santa Fe Drive El Monte CA 91731 Planned 212 Monte 20 AMLI at Old Pasadena 100 West Walnut Street Pasadena CA 91124 Planned 400 Pasadena / Arcadia 21 Los Robles 262 North Los Robles Avenue Pasadena CA 91101 Planned 307 Pasadena / Arcadia 22 MW Lofts 711 East Walnut Street Pasadena CA 91101 Planned 115 Pasadena / Arcadia 23 Picasso, The 167 East Walnut Street Pasadena CA 91103 Planned 98 Pasadena / Arcadia NWC West Chestnut Avenue & South Myrtle 24 Avalon Monrovia Avenue Monrovia CA 91016 Planned 154 Azusa/Monrovia 25 Broadway Block 240 Long Beach Blvd Long Beach CA 90802 Planned 392 SW Long Beach 26 Adams & Grand 2528 South Grand Avenue Los Angeles CA 90007 Planned 296 East Los Angeles South

Source: Yardi Matrix Eastern LA County 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 27 Reef, The 1900 South Broadway Los Angeles CA 90007 Planned 549 East Los Angeles South 28 Pasadena Gateway 3200 East Foothill Blvd Pasadena CA 91107 Planned 550 Pasadena / Arcadia Total Planned 4,972 29 68th and Main East 68th Street & South Main Street Los Angeles CA 90003 Prospective 60 30 Bonita Station 2771 North Garey Avenue Pomona CA 91767 Prospective 647 Pomona 31 1625 South Magnolia Avenue 1625 South Magnolia Avenue Monrovia CA 91016 Prospective 436 Azusa/Monrovia SWC West Evergreen Avenue & South Magnolia 32 Arroyo at Monrovia Station, The Avenue Monrovia CA 91016 Prospective 284 Azusa/Monrovia 33 Avenue, The 812 North Azusa Avenue Azusa CA 91702 Prospective 127 Azusa/Monrovia 34 Gold Line Station NWC East Duarte Road & Highland Avenue Duarte CA 91010 Prospective 700 Azusa/Monrovia 35 Station Square South NEC West Duarte Road & South Magnolia Avenue Monrovia CA 91016 Prospective 296 Azusa/Monrovia 36 1105 Long Beach Blvd 1105 Long Beach Blvd Long Beach CA 90813 Prospective 120 SW Long Beach 37 320 Alamitos Avenue 320 Alamitos Avenue Long Beach CA 90802 Prospective 77 SW Long Beach 38 507 Pacific Avenue 507 Pacific Avenue Long Beach CA 90802 Prospective 157 SW Long Beach 39 Aster 125 Long Beach Blvd Long Beach CA 90802 Prospective 218 SW Long Beach 40 Inkwell 127 East Broadway Long Beach CA 90802 Prospective 189 SW Long Beach 41 Locust Long Beach 1112 Locust Avenue Long Beach CA 90813 Prospective 97 SW Long Beach 42 Residences at Linden 135 Linden Avenue Long Beach CA 90802 Prospective 82 SW Long Beach 43 West Gateway 600 West Broadway Long Beach CA 90802 Prospective 756 SW Long Beach 44 Heritage Square NWC East Burnett Street & Cherry Avenue Signal Hill CA 90755 Prospective 199 NW Long Beach 45 Boulevards at South Bay, The 20400 South Main Street Carson CA 90745 Prospective 400 West Long Beach 46 Victoria Greens Townhomes NEC South Central Avenue & East Victoria Street Carson CA 90746 Prospective 175 West Long Beach 47 Laemmle Mixed Use Project 16411 Bellflower Blvd Bellflower CA 90706 Prospective 81 Bellflower / Paramount 48 Plaza Mexico Residences 3000 East Imperial Hwy Lynwood CA 90262 Prospective 348 Downey / Southgate 49 2100 South Figueroa 2100 South Figueroa Street Los Angeles CA 90007 Prospective 291 East Los Angeles South 50 4851 South Alameda Street 4851 South Alameda Street Los Angeles CA 90058 Prospective 118 East Los Angeles South 51 5888 - 5910 & 5879 - 5887 Crocker Street 5910 Crocker Street Los Angeles CA 90003 Prospective 50 East Los Angeles South 52 8509 South Broadway 8509 South Broadway Los Angeles CA 90003 Prospective 56 East Los Angeles South 53 9402-9422 South Broadway 9402 South Broadway Los Angeles CA 90003 Prospective 160 East Los Angeles South 54 Jordan Downs Urban Village Phase IV 9901 South Alameda Street Los Angeles CA 90002 Prospective 1,070 East Los Angeles South

Source: Yardi Matrix Eastern LA County 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 55 Jordan Downs Urban Village Phase IV 9901 South Alameda Street Los Angeles CA 90002 Prospective 870 East Los Angeles South 56 Mail Order District 2650 East Olympic Blvd Los Angeles CA 90023 Prospective 1,030 East Los Angeles South 57 6040 North Figueroa Street 6040 North Figueroa Street Los Angeles CA 90042 Prospective 50 East Los Angeles North 58 Rose Hill Courts Redevelopment Phase II 4446 Florizel Street Los Angeles CA 90032 Prospective 97 East Los Angeles North 59 700 South Whittier Blvd 700 South Whittier Blvd Montebello CA 90640 Prospective 232 S El Monte / Rosemead Alhambra / San Gabriel / El 60 Arcadia Commons 4241 East Live Oak Avenue Arcadia CA 91006 Prospective 303 Monte Alhambra / San Gabriel / El 61 Villages at the Alhambra, The 1000 South Fremont Avenue Alhambra CA 91803 Prospective 545 Monte 62 141 South Lake Avenue 141 South Lake Avenue Pasadena CA 91101 Prospective 70 Pasadena / Arcadia 63 150 East Colorado Blvd 150 East Colorado Blvd Pasadena CA 91105 Prospective 100 Pasadena / Arcadia 64 540 South Lake Avenue 540 South Lake Avenue Pasadena CA 91101 Prospective 62 Pasadena / Arcadia 65 83 North Lake Avenue 83 North Lake Avenue Pasadena CA 91101 Prospective 73 Pasadena / Arcadia 66 Heritage Square Senior Phase II 738 North Fair Oaks Avenue Pasadena CA 91103 Prospective 70 Pasadena / Arcadia 67 127 West Pomona Avenue 127 West Pomona Avenue Monrovia CA 91016 Prospective 310 Azusa/Monrovia 68 7th Street and Pacific Avenue West 7th Street & Pacific Avenue Long Beach CA 90813 Prospective 271 SW Long Beach 69 Axiom 1401 Long Beach Blvd Long Beach CA 90813 Prospective 142 SW Long Beach 70 155 West Florence Avenue 155 West Florence Avenue Los Angeles CA 90003 Prospective 108 East Los Angeles South 71 2222 South Figueroa 2222 South Figueroa Street Los Angeles CA 90007 Prospective 418 East Los Angeles South 72 505 West 31st Street 505 West 31st Street Los Angeles CA 90007 Prospective 73 East Los Angeles South 73 New Wyvernwood 2901 East Olympic Blvd Los Angeles CA 90023 Prospective 1,200 East Los Angeles South 74 3555 North Figueroa Street 3585 North Figueroa Street Los Angeles CA 90065 Prospective 55 East Los Angeles North 75 Casitas Lofts 2800 Casitas Avenue Los Angeles CA 90039 Prospective 419 East Los Angeles North 76 Glassell Park 2910 North Los Angeles CA 90065 Prospective 370 East Los Angeles North 77 3rd Street & Dangler Avenue NWC East 3rd Street & South Dangler Avenue East Los Angeles CA 90022 Prospective 76 S El Monte / Rosemead 78 740 - 790 East Green Street 740 East Green Street Pasadena CA 91101 Prospective 273 Pasadena / Arcadia 79 Olivewood Village: Olivewood North 535 Union Street Pasadena CA 91101 Prospective 86 Pasadena / Arcadia 80 Olivewood Village: Olivewood South 54 North Oakland Avenue Pasadena CA 91101 Prospective 55 Pasadena / Arcadia Total Prospective 14,552 TOTAL EASTERN LA COUNTY 21,142

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