Austin New Construction & Proposed Multifamily Projects

Austin New Construction & Proposed Multifamily Projects 1Q19

ID PROPERTY UNITS 146 Vi Collina 110 Total Planned 6,121 2 Lakeshore Pearl Redevelopment 226 13 Edison, The 353 190 180 3212 East Cesar Chavez Street 306 193 30 Guthrie, The 322 103 Total Lease Up 901 181 4819 Gonzales 279 105 106 140 182 Alta Trailhead 308 107 192 183 Govalle 74 52 189 109 51 Park at Estancia, The 320 184 Nuevo Leon 200 242 104 52 Fitzroy 176 53 191 183 185 Webberville 55 110 53 Saint John's West 297 69 186 90 Rainey Street 290 108 54 Foremost 300 184 51 187 99 Trinity Tower 360 187 195 102 55 Elizabeth at Presidio, The 373 185 182 139 Austin American Statesman 142 56 Domain Block L 182 188 Newspaper Site Redevelopment 100 186 141 30 57 IO at Tech Ridge 351 189 Block 87 100 188 111 58 Lenox Oaks 356 190 Central Health Brackenridge Campus 200 191 Depot Hotel Redevelopment 150 69 Candela 115 181 192 Hanover Republic Square 309 Total Under Construction 2,470 101 193 Red River Street Development 200 143 180 195 Waller Park Place Tower B 350 101 720 Airport 354 198 Broadstone Riverside 275 102 Arts & Industries Lofts 101 199 Project Catalyst 4,709 103 Booker T. Washington Terraces Phase II 50 200 Wickersham 72 104 5th & Brazos 394 242 308 Guadalupe Street 59 54 105 6th + Guadalupe 349 243 Aria Grand 70 117 106 Alexan Capitol 272 199 244 1600 Pleasant Valley 586 107 Avenue, The 135 2 245 5700 East Riverside 309 243 108 Block 36 259 246 Point at Ben White, The 96 109 East 9th Street 145 247 Urban East 349 244 114 57 110 GreenWater Block 185 387 179 Marquesa 100 111 Travis, The 434 Total Prospective 9,806 56 58 113 6507 Riverside 250 114 Aspen Heights Riverside 323 13 115 Mont, The 288 116 Riverside, The 222 146 245 144 117 South Shore District Phase IV 321 200 139 Flats on Shady 290 55 247 140 Huston, The 381 113 141 Pathways at Chalmers Courts East 325 & West 198 142 Quincy, The 328 145 143 Town Lake Lofts 218 116 144 Cambrian East Riverside 65 115 246 145 Tierra Skyline 120 2000 ft Source: Yardi Matrix

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

ID PROPERTY UNITS 165 68 6 Villas on Nueces, The 99 238 7 Ruckus 2.0, The 67 8 MUZE 158 9 Nine at Rio, The 109 163 10 Inspire on 22nd 129 94 21 Braxton, The 52 169 29 Flora 194 Total Lease Up 808 168 67 50 Davies Ranch Village 360 67 Aura Riverside 368 68 South Shore Highline 102 164 21 Total Under Construction 830 29

94 Pearl, The 383 138 95 1200 W 25th 119 96 Hilltop 142 97 Moon Tower 166 98 Rail at MLK, The 235 99 Standard @ Austin, The 287 100 Villas on Rio Grande 283 138 Travis Flats 146 Total Planned 1,761 240 163 Crestview Highline 99 164 Lamar at North Loop 227 165 Sixty Five 52 168 Aura North Lamar 286 169 Highland Mall Phase IV 510 170 170 Trails at Fort Creek, The 128 176 176 Aura University Park 379 177 MLK Highline 201 95 178 Platform Phase II 70 96 7 179 UT Graduate Student Housing 342 238 Canova Palms 58 99 6 97 240 Abali, The 75 10 50 241 19 Block Nueces 153 100 177 Total Prospective 2,580 9 8 179 241 98 178 2000 ft Source: Yardi Matrix

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

ID PROPERTY UNITS 227 East Street Village 110 150 228 Emli at Leander 60 1 Caliza 270 19 14 500 North Creek 310 229 Leander Place 70 16 Stone Hill Luxury 184 230 Merritt Lakeline Station 200 31 19 Kaia Pointe 102 231 Pointe at Brushy Creek, The 150 25 Carroll at Rivery Ranch 360 232 Merritt Estates 300 31 Merritt Heritage 244 233 Merritt Landmark 160 33 Park at Crystal Falls Phase II 238 234 Villagio at Forest Creek, The 110 34 Sarah, The 270 Total Prospective 2,657 Total Lease Up 1,978 226 25

38 Block 71 236 74 38 39 Citadel Tech Ridge 308 40 Riverbend, The 400 41 Concho Commons 310 42 Garza Commons 369 43 Lakeline Crossing Phase II 203 Total Under Construction 1,826

74 Wolf Lakes Village 1,000 42 75 75 Rabbit Hill 168 152 78 227 34 76 Indigo Ridge North 1,050 228 77 Lakeline Gardens AA 190 135 79 229 84 78 North Creek 259 33 79 Northline 300 80 Stonehaven 110 82 81 Davis Springs 262 76 82 Balcones, The 238 83 District, The 900 14 84 Parkside at Round Rock 433 151 85 Rock Springs 245 41 86 Auro 100 80 135 Hills At Leander 228 234 Total Planned 5,483 85 233 150 Seven Strand 300 151 Cross Creek 349 1 83 230 81 232 152 Leander Crossing 400 77 40 153 86 43 154 Presidio Phase IV 288 154 39 16 226 Liberty Point 60 231 1 mi Source: Yardi Matrix

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

ID PROPERTY UNITS 235 Merritt Cornerstone 200 237 Legacy Ranch at Dessau East 232 11 11 Legacy 83 239 Powell Lane 258 92 12 Alta Tech Ridge 230 Total Prospective 5,755 18 Flatiron Domain 372 235 23 Walnut Park 277 26 Copeland, The 328 27 27 Wells Junction 264 160 45 48 28 Broadstone Burnet 352 136 91 35 Creekside on Parmer Lane 300 36 Overture Arboretum 184 Total Lease Up 2,390 87

44 Five Two 390 45 AMLI South Shore Phase II 178 161 46 McCarty Commons 249 237 47 Quest Village 333 47 90 48 Hollybrook Ranch 336 36 49 Santa Clara 308 18 44 89 Total Under Construction 1,794 156 157 23 46 88 158 26 12 87 Asian American Cultural Center 100 28 167 88 Bowen, The 337 49 89 Modera Domain 354 159 90 Davenport Place 236 91 Edenbrook Ridge 336 92 Elliott, The 272 93 Crestview Station Phase VI 147 35 162 129 Champion Homes At Parmer 280 136 Elysium Grand 90 Total Planned 2,152 129

156 9828 Great Hills Trail 372 157 West Pickle 100 158 Alexan Breaker 200 166 159 EastVillage ATX 2,200 239 Oaks at Techridge West & East, 93 160 The 458 161 Parmer 8 1,000 162 Burnet Road 299 166 Belmont 124 167 Tech Ridge Residences 312 2000 ft Source: Yardi Matrix

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

ID PROPERTY UNITS 3 Hanover Oak Hill 370 15 Springs at Sunfield 256 22 Palo Verde 296 32 Santal Phase II, The 212 Total Lease Up 1,134 32 59 Society 262 205 60 Flats at ShadowGlen 248 3 61 Nightingale at Goodnight Ranch, The 174 62 Savoy at San Marcos, The 140 70 Flats on Mariposa 100 204 22 203 Total Under Construction 924 61 202 118 248 118 Saint Elmo Market District 386 119 249 119 South Congress 253 120 120 Saint Mary, The 240 214 60 209 122 Hays Common 50 253 123 Manchaca Commons 240 124 HC Cadence 100 124 147 125 Terra II 200 59 130 Driftwood Golf and Ranch Club 310 201 132 Royalton at Sunfield 300 125 147 Bridges at Canyon View 271 Total Planned 2,350 208 207 70 201 SoCo South 308 130 123 206 202 South Congress 44 268 203 Fort Westin 90 122 204 Granada Ridge 550 205 Santal Phase III, The 1,412 62 206 Double Creek 751 207 Lenox Springs Phase II 260 208 Goodnight Ranch Section 9 264 209 Nuckols Crossing 100 214 Belterra Village Senior Housing 200 214 Belterra Village Senior Housing 200 132 234 Soleste Park View 99 253 Merritt Headwaters 80 15 Total Prospective 4,573

1 mi Source: Yardi Matrix

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

ID PROPERTY UNITS 4 Cheatham Street Flats 120 5 Lyndon at Springtown, The 233 254 37 Haven at Thorpe Lane 183 Total Lease Up 536 222

64 Trailside Oaks 105 65 Lenox Ridge 350 66 Estraya Georgetown 270 72 East University Place Phase II 50 Total Under Construction 775

131 Mission Trail at El Camino Real 352 133 View on the Square, The 120 Total Planned 472 221

215 Blanco River Walk 312 Centerpoint Road & South Old 216 Bastrop Hwy 300 215 217 Emli at East Village 210 218 Lindsey Hill 164 219 Peques Street 200 220 Trace 850 221 Yarrington 200 219 222 Merritt Starlight 80 37 254 Residences at Kyle 128 64 5 Total Prospective 2,444 218 133 4

131 66 72 217

220 216

1 mi Source: Yardi Matrix

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

ID PROPERTY UNITS 17 Hunters Crossing 182 20 Travis at the Lake 312 Total Lease Up 494

63 Vista Bella 72 71 Residences at Saltillo 800 73 Gables Republic Square 221 Total Under Construction 1,093

121 Village at Spanish Oaks, The 800 126 Community First Village 100 127 Sun Chase 760 128 Wildhorse Ranch 1,060 134 Thomas Ranch 300 137 Austin Oaks Redevelopment 375 148 Whisper Valley 100 256 153 236 149 Western Springs 72 Total Planned 3,567 73 134 20 153 Presidio Phase III 377 252 223 155 155 Shepherd Mountain 275 224 137 63 225 210 Austin Green 2,500 250 128 211 Eastridge 300 121 212 212 Loyola Landing 300 126 148 213 Velocity Crossing 893 223 Attiva Lakeway 210 210 224 Oaks at Lakeway, The 350 225 Square on Lohmans 239 213 71 149 236 Pointe at Mirror Lake, The 150 211 250 Colony Park 250 127 252 Merritt Manor 146 255 Riverwood Commons Phase II 50 17 255 256 Merritt Retreat 80 Total Prospective 6,120

5 mi Source: Yardi Matrix

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

ID PROPERTY UNITS 24 Clark, The 226 Total Lease Up 226

112 1155 Barton Springs 74 Total Planned 74

171 1401 South Lamar 301 172 1515 South Lamar 328 173 2001 South Lamar Blvd 246 174 Carruth Administration Center Rede- 50 velopment 175 24 174 175 Pressler Park 112 194 State House on Congress Phase II 50 196 Lucero Phase II 313 197 South First Street 50 Total Prospective 1,450

112

171

172 194

173 197

196

2000 ft Source: Yardi Matrix

LEGEND Lease-Up Under Construction Planned Prospective a Berkshire Hathaway and Jefferies Financial Group company Austin 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 Caliza 12638 Ridgeline Blvd Cedar Park TX 78613 Lease-Up 270 Cedar Park 12/10/2018 01/31/2020 03/01/2019 2 Lakeshore Pearl Redevelopment 2223 Waterloo City Lane Austin TX 78741 Lease-Up 226 East Central Austin 12/01/2018 12/31/2019 01/01/2019 3 Hanover Oak Hill 6701 Rialto Blvd Austin TX 78735 Lease-Up 370 Oak Hill 06/30/2017 12/31/2019 03/12/2018 4 Cheatham Street Flats 401 South Guadalupe Street San Marcos TX 78666 Lease-Up 120 San Marcos/Kyle 02/01/2018 09/30/2019 01/01/2019 5 Lyndon at Springtown, The 200 Springtown Way San Marcos TX 78666 Lease-Up 233 San Marcos/Kyle 01/01/2018 09/30/2019 09/28/2018 6 Villas on Nueces, The 2207 Nueces Street Austin TX 78705 Lease-Up 99 University of Texas 06/15/2018 08/31/2019 10/01/2018 7 Ruckus 2.0, The 620 West 24th Street Austin TX 78705 Lease-Up 67 University of Texas 04/01/2018 08/31/2019 08/14/2018 8 MUZE 2100 Nueces Street Austin TX 78705 Lease-Up 158 University of Texas 04/01/2018 08/31/2019 08/13/2018 9 Nine at Rio, The 2100 Rio Grande Street Austin TX 78705 Lease-Up 109 University of Texas 04/26/2018 08/31/2019 08/01/2018 10 Inspire on 22nd 2200 Nueces Street Austin TX 78705 Lease-Up 129 University of Texas 01/31/2018 08/31/2019 07/11/2018 11 Legacy 1108 Legacy Drive Pflugerville TX 78660 Lease-Up 83 Pflugerville 11/01/2017 07/31/2019 05/20/2018 12 Alta Tech Ridge 12408 Dessau Road Austin TX 78753 Lease-Up 230 Dessau 11/01/2017 06/30/2019 10/15/2018 13 Edison, The 4711 East Riverside Drive Austin TX 78741 Lease-Up 353 East Central Austin 08/01/2017 06/30/2019 08/20/2018 14 500 North Creek 500 Chris Kelley Blvd Hutto TX 78634 Lease-Up 310 Round Rock - east 12/31/2017 06/30/2019 05/17/2018 15 Springs at Sunfield 1165 Fire Cracker Drive Buda TX 78610 Lease-Up 256 San Marcos/Kyle 10/13/2017 06/30/2019 04/02/2018 16 Stone Hill Luxury 17900 Pfluger Farm Lane Pflugerville TX 78660 Lease-Up 184 Pflugerville 05/31/2018 05/31/2019 03/01/2019 17 Hunters Crossing 1006 Home Depot Way Bastrop TX 78602 Lease-Up 182 Bastrop 02/28/2018 05/31/2019 01/01/2019 18 Flatiron Domain 10727 Domain Drive Austin TX 78758 Lease-Up 372 IBM area 06/01/2016 05/31/2019 11/15/2018 19 Kaia Pointe 104 Bettie Mae Way Georgetown TX 78633 Lease-Up 102 Georgetown - west 05/16/2018 05/31/2019 10/01/2018 20 Travis at the Lake 2208 North FM 620 Road Austin TX 78734 Lease-Up 312 West Travis County 12/01/2017 05/31/2019 08/13/2018 21 Braxton, The 4811 Woodrow Avenue Austin TX 78756 Lease-Up 52 Abercrombie 06/30/2017 05/31/2019 07/02/2018 22 Palo Verde 7880 East US Highway 290 Austin TX 78736 Lease-Up 296 Oak Hill 09/01/2017 05/31/2019 05/21/2018 23 Walnut Park 12101 North Lamar Blvd Austin TX 78753 Lease-Up 277 Eubank Acres - north 08/30/2017 05/31/2019 12/12/2017 24 Clark, The 1301 West 5th Street Austin TX 78703 Lease-Up 226 West End 05/31/2017 04/30/2019 03/01/2019 25 Carroll at Rivery Ranch 800 Wolf Ranch Pkwy Georgetown TX 78628 Lease-Up 360 Georgetown - west 05/20/2018 04/30/2019 02/01/2019 26 Copeland, The 2511 West Braker Lane Austin TX 78758 Lease-Up 328 IBM area 06/01/2017 04/30/2019 02/01/2019 27 Wells Junction 15001 Strathaven Pass Austin TX 78660 Lease-Up 264 Dessau 05/31/2018 04/30/2019 01/01/2019 28 Broadstone Burnet 10301 Burnet Road Austin TX 78758 Lease-Up 352 IBM area 04/30/2017 04/30/2019 08/22/2018 29 Flora 5406 Middle Fiskville Road Austin TX 78751 Lease-Up 194 Hyde Park 06/01/2017 04/30/2019 08/14/2018 30 Guthrie, The 3218 Gonzales Street Austin TX 78702 Lease-Up 322 Pershing 01/01/2018 04/30/2019 08/01/2018 31 Merritt Heritage 4700 Williams Drive Georgetown TX 78633 Lease-Up 244 Georgetown - west 01/15/2018 04/30/2019 07/23/2018 32 Santal Phase II, The 7624 Tecoma Circle Austin TX 78735 Lease-Up 212 Oak Hill 10/20/2017 04/30/2019 06/01/2018 33 Park at Crystal Falls Phase II 7740 183A Toll Road Leander TX 78641 Lease-Up 238 Cedar Park 06/26/2017 04/30/2019 04/16/2018

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PERMIT FORECASTED START OF ID PROPERTY NAME ADDRESS CITY STATE ZIP STATUS UNITS SUBMARKET DATE COMPLETION DATE RENT-UP 34 Sarah, The 16760 Ronald Reagan Blvd Leander TX 78641 Lease-Up 270 Cedar Park 01/01/2018 04/30/2019 03/10/2018 35 Creekside on Parmer Lane 5401 East Parmer Lane Austin TX 78754 Lease-Up 300 Dessau 01/01/2017 04/30/2019 01/01/2018 36 Overture Arboretum 10600 Jollyville Road Austin TX 78759 Lease-Up 184 Jollyville - south 06/01/2017 04/30/2019 11/30/2017 37 Haven at Thorpe Lane 1351 Thorpe Lane San Marcos TX 78666 Lease-Up 183 San Marcos/Kyle 02/01/2017 04/30/2019 09/05/2017 Total Lease-Up 8,467 38 Block 71 200 West 6th Street Austin TX 78701 Under Construction 236 Downtown - north 01/01/2019 01/31/2021 39 Citadel Tech Ridge 1127 Pearl Retreat Drive Austin TX 78753 Under Construction 308 Dessau 02/15/2019 12/31/2020 40 Riverbend, The Highway 71 & Highway 130 Austin TX 78617 Under Construction 400 Daffan 07/15/2018 12/31/2020 41 Concho Commons 101 Concho Street San Marcos TX 78666 Under Construction 310 San Marcos/Kyle 09/28/2018 08/31/2020 42 Garza Commons Ben Garza Lane & Frontage Road Austin TX 78749 Under Construction 369 Sunset Valley 05/01/2018 07/31/2020 43 Lakeline Crossing Phase II 13010 Ridgeline Blvd Cedar Park TX 78613 Under Construction 203 Cedar Park 09/14/2018 04/30/2020 44 Five Two 110 Jacob Fontaine Lane Austin TX 78752 Under Construction 390 Hyde Park 02/01/2018 04/30/2020 45 AMLI South Shore Phase II 1620 East Riverside Drive Austin TX 78741 Under Construction 178 East Central Austin 02/01/2019 03/31/2020 46 McCarty Commons 1476 East McCarty Lane Waxahachie TX 75166 Under Construction 249 San Marcos/Kyle 08/23/2018 02/29/2020 47 Quest Village 910 Quest Pkwy Cedar Park TX 78613 Under Construction 333 Cedar Park 12/01/2018 01/31/2020 48 Hollybrook Ranch Greenlawn Blvd & West Pflugerville Pkwy Round Rock TX 78664 Under Construction 336 Pflugerville 06/20/2018 01/31/2020 49 Santa Clara 1701 South Heatherwilde Blvd Austin TX 78660 Under Construction 308 Dessau 10/15/2018 01/31/2020 50 Davies Ranch Village 12113 Dessau Road Austin TX 78754 Under Construction 360 Walnut Forest 06/30/2018 01/31/2020 51 Park at Estancia, The 820 Caminio Vaquero Pkwy Austin TX 78747 Under Construction 320 Sunset Valley 08/30/2018 01/31/2020 52 Fitzroy 1451 Sadler Drive San Marcos TX 78666 Under Construction 176 San Marcos/Kyle 09/20/2018 01/31/2020 53 Saint John's West 601 West St. Johns Avenue Austin TX 78752 Under Construction 297 Hyde Park 12/14/2018 01/31/2020 54 Foremost 135 Foremost Drive Austin TX 78745 Under Construction 300 Pleasant Hill - west 05/29/2018 01/01/2020 55 Elizabeth at Presidio, The 13500 Lyndhurst Street Austin TX 78717 Under Construction 373 Cedar Park 05/01/2018 12/31/2019 56 Domain Block L 11009 Alterra Pkwy Austin TX 78758 Under Construction 182 IBM area 07/01/2018 12/31/2019 57 IO at Tech Ridge 12600 McCallen Pass Austin TX 78753 Under Construction 351 Dessau 09/01/2014 12/31/2019 58 Lenox Oaks 460 Bastrop Hwy Austin TX 78741 Under Construction 356 East Central Austin 08/20/2018 12/31/2019 59 Society 6001 South Congress Avenue Austin TX 78745 Under Construction 262 Pleasant Hill - west 01/01/2019 12/31/2019 60 Flats at ShadowGlen FM 973 & Shadowglen Trace Manor TX 78653 Under Construction 248 Elgin 10/01/2018 12/31/2019 61 Nightingale at Goodnight Ranch, The 5900 Charles Merle Drive Austin TX 78747 Under Construction 174 Pleasant Hill - east 08/01/2018 12/31/2019 62 Savoy at San Marcos, The East McCarty Lane & Rattler Road San Marcos TX 78666 Under Construction 140 San Marcos/Kyle 09/01/2018 12/31/2019 63 Vista Bella 21101 Boggy Ford Road Lago Vista TX 78645 Under Construction 72 West Travis County 01/01/2019 12/31/2019 64 Trailside Oaks 2012 Hero Way Leander TX 78641 Under Construction 105 Cedar Park 08/30/2018 08/31/2019 65 Lenox Ridge 3001 Scofield Ridge Pkwy Austin TX 78727 Under Construction 350 Eubank Acres - north 01/12/2018 08/31/2019

PERMIT FORECASTED START OF ID PROPERTY NAME ADDRESS CITY STATE ZIP STATUS UNITS SUBMARKET DATE COMPLETION DATE RENT-UP 66 Estraya Georgetown East State Highway 29 & Wilbarger Point Georgetown TX 78626 Under Construction 270 Georgetown - east 05/30/2018 07/31/2019 67 Aura Riverside 6107 East Riverside Drive Austin TX 78741 Under Construction 368 East Central Austin 10/24/2017 07/31/2019 68 South Shore Highline 2435 East Riverside Drive Austin TX 78741 Under Construction 102 East Central Austin 10/15/2018 07/31/2019 69 Candela 1614 East 6th Street Austin TX 78702 Under Construction 115 Pershing 10/31/2017 06/30/2019 70 Flats on Mariposa 1901 Mariposa Drive Austin TX 78741 Under Construction 100 East Central Austin 05/15/2018 05/31/2019 71 Residences at Saltillo 1211 East 5th Street Austin TX 78702 Under Construction 800 Pershing 10/10/2017 05/31/2019 72 East University Place Phase II 2401 Manor Road Austin TX 78722 Under Construction 50 University of Texas 09/01/2018 04/30/2019 73 Gables Republic Square 400 Lavaca Street Austin TX 78701 Under Construction 221 Downtown - north 10/01/2016 04/30/2019 Total Under Construction 9,712 74 Wolf Lakes Village 520 Wolf Road Georgetown TX 78628 Planned 1000 Georgetown - west 75 Rabbit Hill 2211 Westinghouse Road Georgetown TX 78626 Planned 168 Georgetown - east 76 Indigo Ridge North Sam Bass Road & East Whitestone Blvd Cedar Park TX 78613 Planned 1050 Cedar Park 77 Lakeline Gardens AA 9821 North Lake Creek Pkwy Austin TX 78717 Planned 190 Cedar Park 78 North Creek 665 North Bagdad Road Leander TX 78641 Planned 259 Cedar Park 79 Northline 183A Frontage Road & East Woodview Drive Leander TX 78641 Planned 300 Cedar Park 80 Stonehaven 1201 West Whitestone Blvd Cedar Park TX 78613 Planned 110 Cedar Park 81 Davis Springs 9701 Spectrum Drive Austin TX 78717 Planned 262 Brushy Creek 82 Balcones, The 3650 North A.W. Grimes Blvd Round Rock TX 78665 Planned 238 Round Rock - east 83 District, The Greenlawn Blvd & Louis Henna Blvd Round Rock TX 78664 Planned 900 Round Rock - east 84 Parkside at Round Rock Bass Pro Drive & North Mays Street Round Rock TX 78665 Planned 433 Round Rock - east 85 Rock Springs NWC Mays Crossing Drive & South Mays Street Round Rock TX 78664 Planned 245 Round Rock - east 86 Auro County Road 172 & FM 1325 Round Rock TX 78681 Planned 100 Round Rock - south 87 Asian American Cultural Center 11713 Jollyville Road Austin TX 78759 Planned 100 Jollyville - south 88 Bowen, The 11400 Burnet Road Austin TX 78758 Planned 337 IBM area 89 Modera Domain 2618 Kramer Lane Austin TX 78758 Planned 354 IBM area 90 Davenport Place 13301 Dessau Road Austin TX 78754 Planned 236 Dessau 91 Edenbrook Ridge 330 Wells Branch Pkwy Pflugerville TX 78660 Planned 336 Dessau 92 Elliott, The South Heatherwilde Blvd & West Pecan Street Pflugerville TX 78660 Planned 272 Dessau 93 Crestview Station Phase VI 7400 North Lamar Blvd Austin TX 78752 Planned 147 Abercrombie 94 Pearl, The 1303 West Koenig Lane Austin TX 78756 Planned 383 Abercrombie 95 1200 W 25th 1200 West 25th Street Austin TX 78705 Planned 119 University of Texas 96 Hilltop 2408 San Gabriel Street Austin TX 78705 Planned 142 University of Texas 97 Moon Tower 2204 San Antonio Street Austin TX 78705 Planned 166 University of Texas

PERMIT FORECASTED START OF ID PROPERTY NAME ADDRESS CITY STATE ZIP STATUS UNITS SUBMARKET DATE COMPLETION DATE RENT-UP 98 Rail at MLK, The 2921 East 17th Street Austin TX 78702 Planned 235 University of Texas 99 Standard @ Austin, The 715 West 23rd Street Austin TX 78705 Planned 287 University of Texas 100 Villas on Rio Grande 2111 Rio Grande Street Austin TX 78705 Planned 283 University of Texas 101 720 Airport 720 Airport Blvd Austin TX 78702 Planned 354 Pershing 102 Arts & Industries Lofts 5300 Jain Lane Austin TX 78721 Planned 101 Pershing 103 Booker T. Washington Terraces Phase II 905 Bedford Street Austin TX 78702 Planned 50 Pershing 104 5th & Brazos 500 San Jacinto Blvd Austin TX 78701 Planned 394 Downtown - north 105 6th + Guadalupe 600 Guadalupe Street Austin TX 78701 Planned 349 Downtown - north 106 Alexan Capitol 700 East 11th Street Austin TX 78701 Planned 272 Downtown - north 107 Avenue, The 721 Congress Avenue Austin TX 78701 Planned 135 Downtown - north 108 Block 36 710 East 3rd Street Austin TX 78701 Planned 259 Downtown - north 109 East 9th Street 701 East 9th Street Austin TX 78701 Planned 145 Downtown - north 110 GreenWater Block 185 West 2nd Street & Nueces Street Austin TX 78701 Planned 387 Downtown - north 111 Travis, The 80 Red River Street Austin TX 78701 Planned 434 Downtown - north 112 1155 Barton Springs 1155 Barton Springs Road Austin TX 78704 Planned 74 Downtown - south 113 6507 Riverside 6507 East Riverside Drive Austin TX 78741 Planned 250 East Central Austin 114 Aspen Heights Riverside 1700 Willow Creek Drive Austin TX 78741 Planned 323 East Central Austin 115 Mont, The 2405 Montopolis Drive Austin TX 78741 Planned 288 East Central Austin 116 Riverside, The 2511 Montopolis Drive Austin TX 78741 Planned 222 East Central Austin 117 South Shore District Phase IV 1333 Shore District Drive Austin TX 78741 Planned 321 East Central Austin 118 Saint Elmo Market District 4323 South Congress Avenue Austin TX 78745 Planned 386 Pleasant Hill - west 119 South Congress 4714 South Congress Avenue Austin TX 78745 Planned 253 Pleasant Hill - west 120 Saint Mary, The FM 1826 & Lewis Mountain Drive Austin TX 78737 Planned 240 Oak Hill 121 Village at Spanish Oaks, The State Highway 71 & Ranch Road 620 Bee Cave TX 78738 Planned 800 Oak Hill 122 Hays Common SWC Big Valley Drive & South FM 1626 Manchaca TX 78652 Planned 50 Sunset Valley 123 Manchaca Commons 12040 Manchaca Road Austin TX 78748 Planned 240 Sunset Valley 124 HC Cadence 7351 South Interstate 35 Frontage Road Austin TX 78744 Planned 100 Pleasant Hill - east 125 Terra II 8350 Bluff Springs Road Austin TX 78744 Planned 200 Pleasant Hill - east 126 Community First Village 9301 Hog Eye Road Austin TX 78724 Planned 100 Daffan 127 Sun Chase Pearce Lane & Timber Hills Drive Del Valle TX 78617 Planned 760 Daffan 128 Wildhorse Ranch Parmer Lane & US Route 290 Austin TX 78653 Planned 1060 Daffan 129 Champion Homes At Parmer 6816 Boyce Lane Austin TX 78754 Planned 280 Elgin 130 Driftwood Golf and Ranch Club 582 Thurman Roberts Way Driftwood TX 78619 Planned 310 Dripping Springs

PERMIT FORECASTED START OF ID PROPERTY NAME ADDRESS CITY STATE ZIP STATUS UNITS SUBMARKET DATE COMPLETION DATE RENT-UP 131 Mission Trail at El Camino Real 2875 State Highway 123 San Marcos TX 78666 Planned 352 San Marcos/Kyle 132 Royalton at Sunfield Main Street & Old San Antonio Road Buda TX 78610 Planned 300 San Marcos/Kyle 133 View on the Square, The 228 South Guadalupe Street San Marcos TX 78666 Planned 120 San Marcos/Kyle 134 Thomas Ranch Paleface Ranch Road & State Highway 71 Spicewood TX 78669 Planned 300 West Travis County 135 Hills At Leander Horseshoe Drive & Southwest Drive Leander TX 78641 Planned 228 Cedar Park 136 Elysium Grand 3300 Oak Creek Drive Austin TX 78727 Planned 90 Jollyville - north 137 Austin Oaks Redevelopment SWC North MoPac Expwy & Spicewood Springs Rd Austin TX 78731 Planned 375 Far West Blvd 138 Travis Flats 5325 Airport Blvd Austin TX 78751 Planned 146 Hyde Park 139 Flats on Shady 1125 Shady Lane Austin TX 78721 Planned 290 Pershing 140 Huston, The 1107 North Interstate 35 Frontage Road Austin TX 78702 Planned 381 Pershing 141 Pathways at Chalmers Courts East & West East 4th Street & Chicon Street Austin TX 78702 Planned 325 Pershing 142 Quincy, The 91 Red River Street Austin TX 78701 Planned 328 Downtown - north 143 Town Lake Lofts 16 South Interstate 35 Frontage Road Austin TX 78701 Planned 218 Downtown - north 144 Cambrian East Riverside 1806 Clubview Avenue Austin TX 78741 Planned 65 East Central Austin 145 Tierra Skyline 5400 East Oltorf Street Austin TX 78741 Planned 120 East Central Austin 146 Vi Collina 2431 East Oltorf Street Austin TX 78741 Planned 110 East Central Austin 147 Bridges at Canyon View 4506 East William Cannon Drive Austin TX 78744 Planned 271 Pleasant Hill - east 148 Whisper Valley 9000 Taylor Lane Manor TX 78653 Planned 100 Daffan 149 Western Springs 603 West Highway 290 Dripping Springs TX 78620 Planned 72 Dripping Springs Total Planned 21,980 150 Seven Strand 70 Del Webb Blvd Georgetown TX 78633 Prospective 300 Georgetown - west 151 Cross Creek 183A Frontage Road & East Whitestone Blvd Cedar Park TX 78613 Prospective 349 Cedar Park 152 Leander Crossing 183A Toll Road & Ranch Road 2243 Leander TX 78641 Prospective 400 Cedar Park 153 Presidio Phase III 13460 Lyndhurst Street Austin TX 78729 Prospective 377 Cedar Park 154 Presidio Phase IV 10520 Lakeline Mall Drive Austin TX 78717 Prospective 288 Cedar Park 155 Shepherd Mountain 6409 City Park Road Austin TX 78730 Prospective 275 St Edwards Park 156 9828 Great Hills Trail 9828 Great Hills Trails Austin TX 78759 Prospective 372 Jollyville - south 157 West Pickle 3925 West Braker Lane Austin TX 78759 Prospective 100 Jollyville - south 158 Alexan Breaker West Braker Lane & Kramer Lane Austin TX 78758 Prospective 200 IBM area 159 EastVillage ATX Hulsey Road & East Parmer Lane Manor TX 78653 Prospective 2200 Dessau 160 Oaks at Techridge West & East, The 14199 North Interstate 35 Frontage Road Austin TX 78753 Prospective 458 Dessau 161 Parmer 8 Harris Ridge Blvd & East Howard Lane Austin TX 78753 Prospective 1000 Dessau 162 Burnet Road 8526 Burnet Road Austin TX 78757 Prospective 299 Abercrombie

PERMIT FORECASTED START OF ID PROPERTY NAME ADDRESS CITY STATE ZIP STATUS UNITS SUBMARKET DATE COMPLETION DATE RENT-UP 163 Crestview Highline 6324 North Lamar Blvd Austin TX 78752 Prospective 99 Abercrombie 164 Lamar at North Loop 5210 North Lamar Blvd Austin TX 78751 Prospective 227 Abercrombie 165 Sixty Five 6500 Burnet Road Austin TX 78757 Prospective 52 Abercrombie 166 Belmont 9100 Brown Lane Austin TX 78754 Prospective 124 Walnut Forest 167 Tech Ridge Residences 12200 Jourdan Crossing Blvd Austin TX 78753 Prospective 312 Walnut Forest 168 Aura North Lamar 5629 North Lamar Blvd Austin TX 78751 Prospective 286 Hyde Park 169 Highland Mall Phase IV SEC Airport Blvd & West Highland Mall Blvd Austin TX 78752 Prospective 510 Hyde Park 170 Trails at Fort Creek, The 2989 East 51st Street Austin TX 78723 Prospective 128 Berkman Dr 171 1401 South Lamar 1401 South Lamar Blvd Austin TX 78704 Prospective 301 West End 172 1515 South Lamar 1515 South Lamar Blvd Austin TX 78704 Prospective 328 West End 173 2001 South Lamar Blvd 2001 South Lamar Blvd Austin TX 78704 Prospective 246 West End 174 Carruth Administration Center Redevelopment 1111 West 6th Street Austin TX 78703 Prospective 50 West End 175 Pressler Park 300 Pressler Street Austin TX 78703 Prospective 112 West End 176 Aura University Park 3233 Harmon Avenue Austin TX 78705 Prospective 379 University of Texas 177 MLK Highline 2832 East Martin Luther King Jr Blvd Austin TX 78702 Prospective 201 University of Texas 178 Platform Phase II 2823 East Martin Luther King Jr Blvd Austin TX 78702 Prospective 70 University of Texas 179 UT Graduate Student Housing 2100 Concho Street Austin TX 78722 Prospective 342 University of Texas 180 3212 East Cesar Chavez Street 3212 East Cesar Chavez Street Austin TX 78702 Prospective 306 Pershing 181 4819 Gonzales 4819 Gonzales Street Austin TX 78702 Prospective 279 Pershing 182 Alta Trailhead 1105 Airport Blvd Austin TX 78702 Prospective 308 Pershing 183 Govalle 3101 Govalle Avenue Austin TX 78702 Prospective 74 Pershing 184 Nuevo Leon 1501 East 6th Street Austin TX 78702 Prospective 200 Pershing 185 Webberville 2200 Webberville Road Austin TX 78702 Prospective 55 Pershing 186 90 Rainey Street 90 Rainey Street Austin TX 78701 Prospective 290 Downtown - north 187 99 Trinity Tower 99 Trinity Street Austin TX 78701 Prospective 360 Downtown - north Austin American Statesman Newspaper Site 188 Redevelopment 305 South Congress Avenue Austin TX 78704 Prospective 100 Downtown - north 189 Block 87 701 Trinity Street Austin TX 78701 Prospective 100 Downtown - north 190 Central Health Brackenridge Campus 601 East 15th Street Austin TX 78701 Prospective 200 Downtown - north 191 Depot Hotel Redevelopment 504 East 5th Street Austin TX 78701 Prospective 150 Downtown - north 192 Hanover Republic Square 305 West 5th Street Austin TX 78701 Prospective 309 Downtown - north 193 Red River Street Development 1117 Red River Street Austin TX 78701 Prospective 200 Downtown - north 194 State House on Congress Phase II 1221 South Congress Avenue Austin TX 78704 Prospective 50 Downtown - north

PERMIT FORECASTED START OF ID PROPERTY NAME ADDRESS CITY STATE ZIP STATUS UNITS SUBMARKET DATE COMPLETION DATE RENT-UP 195 Waller Park Place Tower B SWC East Cesar Chavez Street & Red River St Austin TX 78701 Prospective 350 Downtown - north 196 Lucero Phase II 2301 Wilson Street Austin TX 78704 Prospective 313 Downtown - south 197 South First Street 1619 South 1st Street Austin TX 78704 Prospective 50 Downtown - south 198 Broadstone Riverside 1900 Airport Commerce Drive Austin TX 78741 Prospective 275 East Central Austin 199 Project Catalyst South Lakeshore Blvd & South Pleasant Valley Rd Austin TX 78741 Prospective 4709 East Central Austin 200 Wickersham 2440 Wickersham Lane Austin TX 78741 Prospective 72 East Central Austin 201 SoCo South 8103 South Congress Avenue Austin TX 78745 Prospective 308 Pleasant Hill - west 202 South Congress 44 4401 South Congress Avenue Austin TX 78745 Prospective 268 Pleasant Hill - west 203 Fort Westin Hill Oaks Drive & Wolfcreek Pass Austin TX 78735 Prospective 90 Oak Hill 204 Granada Ridge 8328 East US Route 290 Austin TX 78736 Prospective 550 Oak Hill 205 Santal Phase III, The Southwest Pkwy & Tecoma Circle Austin TX 78735 Prospective 1412 Oak Hill 206 Double Creek FM 1626 & Old San Antonio Road Austin TX 78748 Prospective 751 Sunset Valley 207 Lenox Springs Phase II 10500 South Interstate 35 Frontage Road Austin TX 78748 Prospective 260 Sunset Valley 208 Goodnight Ranch Section 9 8901 Nuckols Crossing Road Austin TX 78747 Prospective 264 Pleasant Hill - east 209 Nuckols Crossing 4500 Nuckols Crossing Road Austin TX 78744 Prospective 100 Pleasant Hill - east 210 Austin Green 11600 Harold Green Road Austin TX 78725 Prospective 2500 Daffan 211 Eastridge 5501 Ross Road Del Valle TX 78617 Prospective 300 Daffan 212 Loyola Landing Ed Bluestein Blvd & Loyola Lane Austin TX 78724 Prospective 300 Daffan 213 Velocity Crossing SEC FM 973 & East State Highway 71 Austin TX 78617 Prospective 893 Daffan 214 Belterra Village Senior Housing Belterra Drive & West Highway 290 Austin TX 78737 Prospective 200 Dripping Springs 215 Blanco River Walk Cotter Avenue & Riverway Avenue San Marcos TX 78666 Prospective 312 San Marcos/Kyle 216 Centerpoint Road & South Old Bastrop Hwy Centerpoint Road & South Old Bastrop Hwy San Marcos TX 78666 Prospective 300 San Marcos/Kyle 217 Emli at East Village 2301 Rattler Road San Marcos TX 78666 Prospective 210 San Marcos/Kyle 218 Lindsey Hill West Hutchinson Street & Moore Street San Marcos TX 78666 Prospective 164 San Marcos/Kyle 219 Peques Street West Bluebonnet Drive & Forest Drive San Marcos TX 78666 Prospective 200 San Marcos/Kyle 220 Trace North Interstate 35 Frontage Road & Posey Rd San Marcos TX 78666 Prospective 850 San Marcos/Kyle 221 Yarrington SWC Interstate Highway 35 & Yarrington Road San Marcos TX 78666 Prospective 200 San Marcos/Kyle 222 Merritt Starlight 14400 Ranch Road 12 Wimberley TX 78676 Prospective 80 Woodcreek - Wimberley 223 Attiva Lakeway Lohmans Crossing Road & Sailmaster Street Lakeway TX 78734 Prospective 210 West Travis County 224 Oaks at Lakeway, The 2000 Ranch Road 620 South Lakeway TX 78734 Prospective 350 West Travis County 225 Square on Lohmans 1931 Lohmans Crossing Road Lakeway TX 78734 Prospective 239 West Travis County 226 Liberty Point 450 Highway 183 Liberty Hill TX 78642 Prospective 60 Georgetown - west 227 East Street Village Hero Way & Mel Mathis Blvd Leander TX 78641 Prospective 110 Cedar Park

PERMIT FORECASTED START OF ID PROPERTY NAME ADDRESS CITY STATE ZIP STATUS UNITS SUBMARKET DATE COMPLETION DATE RENT-UP 228 Emli at Leander 251 North Bagdad Road Leander TX 78641 Prospective 60 Cedar Park 229 Leander Place US Highway 183 & Sonny Drive Leander TX 78641 Prospective 70 Cedar Park 230 Merritt Lakeline Station 10701 Lakeline Mall Drive Austin TX 78717 Prospective 200 Cedar Park 231 Pointe at Brushy Creek, The North FM 620 Road & Pecan Park Blvd Austin TX 78717 Prospective 150 Cedar Park 232 Merritt Estates Highway 620 & Shady Lane Austin TX 78717 Prospective 300 Brushy Creek 233 Merritt Landmark 1000 Gattis School Road Round Rock TX 78664 Prospective 160 Round Rock - east 234 Villagio at Forest Creek, The NEC Forest Creek Drive & Kenney Fort Blvd Round Rock TX 78665 Prospective 110 Round Rock - east 235 Merritt Cornerstone SEC West Howard Lane & McNeil Merriltown Rd Austin TX 78729 Prospective 200 Jollyville - north 236 Pointe at Mirror Lake, The Great Basin Avenue & East Pflugerville Pkwy Pflugerville TX 78660 Prospective 150 Pflugerville 237 Legacy Ranch at Dessau East 13527 Harrisglenn Drive Austin TX 78754 Prospective 232 Dessau 238 Canova Palms 5501A Balcones Drive Austin TX 78731 Prospective 58 Far West Blvd 239 Powell Lane 601 East Powell Lane Austin TX 78753 Prospective 258 Eubank Acres - south 240 Abali, The 4503 North Interstate Highway 35 Austin TX 78722 Prospective 75 Capital Plaza 241 19 Block Nueces 1910 Nueces Street Austin TX 78705 Prospective 153 University of Texas 242 308 Guadalupe Street 308 Guadalupe Street Austin TX 78701 Prospective 59 Downtown - north 243 Aria Grand 1800 South Interstate 35 Frontage Road Austin TX 78704 Prospective 70 Downtown - north 244 1600 Pleasant Valley 1600 South Pleasant Valley Road Austin TX 78741 Prospective 586 East Central Austin 245 5700 East Riverside 5700 East Riverside Drive Austin TX 78741 Prospective 309 East Central Austin 246 Point at Ben White, The 6936 East Ben White Blvd Austin TX 78741 Prospective 96 East Central Austin 247 Urban East 6400 East Riverside Drive Austin TX 78741 Prospective 349 East Central Austin 248 4515 South Congress Ave 4515 South Congress Avenue Austin TX 78745 Prospective 210 Pleasant Hill - west 249 Casa Madera 1201 East Saint Elmo Road Austin TX 78745 Prospective 80 Pleasant Hill - west 250 Colony Park Johnny Morris Road & Loyola Lane Austin TX 78724 Prospective 250 Daffan 251 Indian Hills SEC Decker Lake Road & FM 973 Manor TX 78653 Prospective 100 Daffan 252 Merritt Manor Gregg Manor Road & Hill Lane Manor TX 78653 Prospective 146 Elgin 253 Merritt Headwaters NWC Headwaters Blvd & West Highway 290 Dripping Springs TX 78620 Prospective 80 Dripping Springs 254 Residences at Kyle FM 150 & North Old Stagecoach Road Kyle TX 78640 Prospective 128 San Marcos/Kyle 255 Riverwood Commons Phase II 440 Old Austin Hwy Bastrop TX 78602 Prospective 50 Bastrop 256 Merritt Retreat 6601 Panorama Ridge Lago Vista TX 78645 Prospective 80 West Travis County Total Prospective 35,385 TOTAL AUSTIN 75,544