Atlanta Suburban New Construction & Proposed Multifamily ProjectsID PROPERTY UNITS1 Hawthorne at Mirror Lake Phase II 962 Vickers Roswell 793 Overture Barrett 1754 Juncture Phase II 2545 Golden Gates Townhomes 400

Total Lease-Up 1,0046 Kennesaw State University - Town Addition 2487 Peachtree Corners Town Center 3568 HearthSide Lafayette 1259 Solis Town Center 23510 Evermore Senior Village 8611 Amorance 16812 Bradley Park 15213 Echo Lakeside 29514 Walton Ridge Phase II 85

Total Under Construction 1,75015 Sixes Ridge 28216 Brookside Heights 21017 Elan Halcyon 69018 Wildmeade at Castleberry Road 42819 Roswell Shopping Center Redevelopment 30020 Peachtree Corners 16921 Steve Reynolds Boulevard 28922 Ariston 33623 Hillcrest Drive 7924 South Lawn 60025 Lilburn Town Center 25026 Pinewood Forrest 20027 Ernest Barrett Parkway 26328 Abbington Perimeter 7229 Anthem at Riverside, The 9430 Wisteria Place of Mableton 104

Total Planned 4,36631 Downtown Holly Springs 8032 Heights at Woodstock, The 35033 Railroad Street 5034 Woodstock Community Village 80035 Brookwood Quarters Townhomes 13936 Cityside 45037 Dallas & Main 17538 EastPark Village 85039 George Busbee Parkway 21540 Kennesaw Crossing 27441 Solis Kennesaw II 17242 Ultima 10043 Riverwalk Village 155644 Streetlights Abernathy 10045 Haynes Bridge Road & Lakeview Pkwy 43046 Johns Creek 26347 Parkway 400 32548 Georgia Trail at Sugarloaf, The 29049 Gwinnett Place Mall 34050 Legacy at Gwinnett 17051 Rock - Tenn Redevelopment 29252 Satellite Point 29253 Heights at Gwinnett Crossing, The 30154 Laurel Crossing Parkway 25655 Peachtree Industrial Boulevard 24556 Suwanee Dam & Peachtree Industrial 33057 Wisteria Place of Hamilton Mill 10058 Grayson Highway 28059 Park West 71

60 Redland Creek Villas 9661 Sever Road 23062 Sugarloaf Crossing 37563 Webb Gin House Road & Scenic Hwy North 30064 Noble Village Lilburn 6865 Rise, The 61666 Eagle's Brooke Phase II 27267 Highway 19 & Highway 81 10068 Jodeco Atlanta South 60069 Shoal Creek Blvd 9470 Zack Hinton Senior Living 25271 Preserves Anvilblock Road 12572 University Station Town Center 10073 Bethsaida & Summertree 16274 Friendship Village 600075 Senoia & Harris 25076 South Fulton Parkway & State Road 92 230077 Senior Residence at Riverside Park 14078 Prominence Senior Village 6979 Abbington Manor 9280 Fairfield Baptist Church Senior 13081 HearthSide Kennestone 76

Total Prospective 21,743

2Q18

Source: Yardi Matrix5 mi

Lease-Up

Under Construction

Planned

Prospective

LEGEND

a Berkshire Hathaway and Jefferies Financial Group company

15

16

18

19

20

21

22

24

26

27

2829

30

25

23

1

2

3

4

5

6

7

8

9

10

11

12

13

14

3178

79

32

33

3436

37

40

81

42 43

45

46

51

52

4849

50

53

5455

5657

58

59

60

6162

6364

65

80

66

69

70

72

7374

75

76

77

71

67

68

47

44

413839

35

Atlanta Suburban New Construction & Proposed Multifamily ProjectsID PROPERTY NAME ADDRESS CITY STATE ZIP STATUS UNITS SUBMARKET PERMIT DATE FORECASTED

COMPLETION DATE START OF RENT-UP

1 Hawthorne at Mirror Lake Phase II 100 Woods Walk Villa Rica GA 30180 Lease Up 96 Douglasville 08/22/2017 07/31/2018 05/01/2018

2 Vickers Roswell 1180 Canton Street Roswell GA 30075 Lease Up 79 Sandy Springs N 02/15/2017 07/31/2018 10/03/2017

3 Overture Barrett 1490 Ernest W Barrett Pkwy NW Kennesaw GA 30152 Lease Up 175 Acworth / Kennesaw 12/31/2016 07/31/2018 05/10/2017

4 Juncture Phase II 910 Deerfield Crossing Drive Alpharetta GA 30004 Lease Up 254 Cumming 06/30/2016 07/31/2018 05/01/2017

5 Golden Gates Townhomes 1 Chatfield Drive Stone Mountain GA 30083 Lease Up 400 Tucker / Stone Mountain 01/01/2016 07/31/2018 01/01/2017

TOTAL LEASE-UP 1,004

6 Kennesaw State University - Town Addition 3078 Hidden Forest Court Marietta GA 30066 Under Construction 248 Acworth / Kennesaw 01/08/2018 05/31/2019

7 Peachtree Corners Town Center 5200 Peachtree Pkwy Norcross GA 30092 Under Construction 356 Duluth / Norcross 01/15/2018 02/28/2019

8 HearthSide Lafayette 105 Meeting Place Drive Fayetteville GA 30214 Under Construction 125 Peachtree / Fayettville 02/13/2018 02/28/2019

9 Solis Town Center 402 US Highway 23 Suwanee GA 30024 Under Construction 235 Suwanee / Buford 06/28/2017 01/31/2019

10 Evermore Senior Village 2200 Oakland Park Blvd SW Snellville GA 30039 Under Construction 86 Lawrenceville 12/18/2017 12/31/2018

11 Amorance 2001 Commerce Street Alpharetta GA 30009 Under Construction 168 Roswell / Alpharetta 08/01/2017 11/30/2018

12 Bradley Park 350 Bradley Park Lane Cumming GA 30040 Under Construction 152 Cumming 08/01/2016 07/31/2018

13 Echo Lakeside 510 Guthridge Court NW Norcross GA 30092 Under Construction 295 Duluth / Norcross 10/15/2017 07/31/2018

14 Walton Ridge Phase II 1631 White Circle NW Marietta GA 30066 Under Construction 85 Marietta SW 08/28/2017 07/31/2018

TOTAL UNDER CONSTRUCTION 1,750

15 Sixes Ridge Holly Springs Parkway & Rabbit Hill Road Holly Springs GA 30115 Planned 282 Canton / Woodstock

16 Brookside Heights Canton Road & Elm Street Cumming GA 30040 Planned 210 Cumming

17 Elan Halcyon NWC McFarland Pkwy & Ronald Reagan Blvd Alpharetta GA 30005 Planned 690 Cumming

18 Wildmeade at Castleberry Road Castleberry Road & Wade Valley Drive Cumming GA 30040 Planned 428 Cumming

19 Roswell Shopping Center Redevelopment 11070 Alpharetta Hwy Roswell GA 30076 Planned 300 Roswell / Alpharetta

20 Peachtree Corners Peachtree Corners Circle & Peachtree Pkwy Norcross GA 30092 Planned 169 Duluth / Norcross

21 Steve Reynolds Boulevard Steve Reynolds Blvd & Venture Drive Duluth GA 30096 Planned 289 Duluth / Norcross

22 Ariston Mall of Georgia Blvd & Woodward Crossing Blvd Buford GA 30519 Planned 336 Suwanee / Buford

23 Hillcrest Drive 1193 Hillcrest Drive Sugar Hill GA 30518 Planned 79 Suwanee / Buford

24 South Lawn Jackson Street & Scenic Hwy South Lawrenceville GA 30046 Planned 600 Lawrenceville

25 Lilburn Town Center Lawrenceville Hwy & Main Street Lilburn GA 30047 Planned 250 Lilburn

26 Pinewood Forrest 100 Veterans Pkwy Fayetteville GA 30214 Planned 200 Peachtree / Fayettville

27 Ernest Barrett Parkway 83 Ernest W Barrett Pkwy NW Marietta GA 30066 Planned 263 Marietta SW

28 Abbington Perimeter 3250 Panthersville Road Decatur GA 30034 Planned 72 Chapel Hill

29 Anthem at Riverside, The Riverside Drive & Waycrest Drive Atlanta GA 30331 Planned 94 Sandtown

30 Wisteria Place of Mableton 4436 Floyd Road SW Mableton GA 30126 Planned 104 Mableton / Austell

TOTAL PLANNED 4,366

31 Downtown Holly Springs Hickory Road & Palm Street Holly Springs GA 30115 Prospective 80 Canton / Woodstock

32 Heights at Woodstock, The Towne Lake Pkwy & Woodstock Pkwy Woodstock GA 30188 Prospective 350 Canton / Woodstock

33 Railroad Street 141 Railroad Street Canton GA 30114 Prospective 50 Canton / Woodstock

34 Woodstock Community Village Highway 92 & Main Street Woodstock GA 30188 Prospective 800 Canton / Woodstock

35 Brookwood Quarters Townhomes Brookwood Drive & Newport Street Cummings GA 30041 Prospective 139 Cumming

36 Cityside Big Shanty Road NW & Hidden Forest Court Marietta GA 30066 Prospective 450 Acworth / Kennesaw

37 Dallas & Main Dallas Street & North Main Street Kennesaw GA 30144 Prospective 175 Acworth / Kennesaw

38 EastPark Village 3550 Cherokee Street NW Kennesaw GA 30144 Prospective 850 Acworth / Kennesaw

39 George Busbee Parkway 3061 George Busbee Pkwy NW Kennesaw GA 30144 Prospective 215 Acworth / Kennesaw

40 Kennesaw Crossing Old 41 Hwy NW & North Roberts Road Kennesaw GA 30144 Prospective 274 Acworth / Kennesaw

41 Solis Kennesaw II Big Shanty Road NW & Hidden Forest Court Marietta GA 30066 Prospective 172 Acworth / Kennesaw

42 Ultima 2871 Lewis Street Kennesaw GA 30144 Prospective 100 Acworth / Kennesaw

43 Riverwalk Village 1445 Holcomb Bridge Road Roswell GA 30076 Prospective 1556 Sandy Springs N

44 Streetlights Abernathy Abernathy Road NE & Glenridge Drive Sandy Springs GA 30328 Prospective 100 Sandy Springs N

45 Haynes Bridge Road & Lakeview Pkwy SWC Haynes Bridge Road & Lakeview Pkwy Alpharetta GA 30009 Prospective 430 Roswell / Alpharetta

46 Johns Creek Bobby Jones Drive & Medlock Bridge Road Johns Creek GA 30097 Prospective 263 Roswell / Alpharetta

47 Parkway 400 Northwinds Pkwy & Old Milton Pkwy Alpharetta GA 30009 Prospective 325 Roswell / Alpharetta

Source: Yardi Matrix

Atlanta Suburban New Construction & Proposed Multifamily Projects

Source: Yardi Matrix

ID PROPERTY NAME ADDRESS CITY STATE ZIP STATUS UNITS SUBMARKET PERMIT DATE FORECASTED COMPLETION DATE START OF RENT-UP

48 Georgia Trail at Sugarloaf, The 2789 Satellite Blvd Duluth GA 30096 Prospective 290 Duluth / Norcross

49 Gwinnett Place Mall 2100 Pleasant Hill Road Duluth GA 30096 Prospective 340 Duluth / Norcross

50 Legacy at Gwinnett 2188 Duluth Highway 120 Duluth GA 30096 Prospective 170 Duluth / Norcross

51 Rock - Tenn Redevelopment 4464 South Old Peachtree Road Norcross GA 30071 Prospective 292 Duluth / Norcross

52 Satellite Point 4100 Satellite Blvd Duluth GA 30096 Prospective 292 Duluth / Norcross

53 Heights at Gwinnett Crossing, The Interstate 85 & Lawrenceville-Suwanee Road Lawrenceville GA 30043 Prospective 301 Suwanee / Buford

54 Laurel Crossing Parkway Buford Drive & Laurel Crossing Pkwy NE Buford GA 30519 Prospective 256 Suwanee / Buford

55 Peachtree Industrial Boulevard 1630 Peachtree Industrial Blvd Suwanee GA 30024 Prospective 245 Suwanee / Buford

56 Suwanee Dam & Peachtree Industrial Peachtree Industrial Blvd & Suwanee Dam Road Suwanee GA 30024 Prospective 330 Suwanee / Buford

57 Wisteria Place of Hamilton Mill 2736 Hamilton Mill Road Buford GA 30519 Prospective 100 Suwanee / Buford

58 Grayson Highway 1700 Grayson Hwy Grayson GA 30017 Prospective 280 Lawrenceville

59 Park West 2961 Lenora Church Road Snellville GA 30078 Prospective 71 Lawrenceville

60 Redland Creek Villas 1340 Lawrenceville Hwy Lawrenceville GA 30046 Prospective 96 Lawrenceville

61 Sever Road 2300 Sever Road Lawrenceville GA 30043 Prospective 230 Lawrenceville

62 Sugarloaf Crossing SEC University Pkwy & Winder Hwy NE Dacula GA 30019 Prospective 375 Lawrenceville

63 Webb Gin House Road & Scenic Hwy North NWC Scenic Hwy North & Webb Gin House Road Lawrenceville GA 30045 Prospective 300 Lawrenceville

64 Noble Village Lilburn 266 Main Street Lilburn GA 30047 Prospective 68 Lilburn

65 Rise, The Hugh Howell Road & Mountain Industrial Blvd Tucker GA 30084 Prospective 616 Tucker / Stone Mountain

66 Eagle's Brooke Phase II 1200 Academic Pkwy Locust Grove GA 30248 Prospective 272 McDonough

67 Highway 19 & Highway 81 Highway 19 & Highway 81 Hampton GA 30228 Prospective 100 McDonough

68 Jodeco Atlanta South Chambers Road & Jodeco Road Stockbridge GA 30253 Prospective 600 McDonough

69 Shoal Creek Blvd Shoal Creek Road & Tanger Blvd Locust Grove GA 30248 Prospective 94 McDonough

70 Zack Hinton Senior Living Postmaster Drive & South Zack Hinton Pkwy McDonough GA 30253 Prospective 252 McDonough

71 Preserves Anvilblock Road Anvilblock Road & Bouldercrest Road Ellenwood GA 30294 Prospective 125 Jonesboro / Bonanza

72 University Station Town Center Harper Drive & Jonesboro Road Morrow GA 30260 Prospective 100 Jonesboro / Bonanza

73 Bethsaida & Summertree 2701 Bethsaida Road Riverdale GA 30296 Prospective 162 Union City / Fairburn

74 Friendship Village South Fulton Pkwy & Rivertown Road Fairburn GA 30213 Prospective 6000 Union City / Fairburn

75 Senoia & Harris Harris Road & Senoia Road Fairburn GA 30213 Prospective 250 Union City / Fairburn

76 South Fulton Parkway & State Road 92 South Fulton Pkwy & State Road 92 Union City GA 30213 Prospective 2300 Union City / Fairburn

77 Senior Residence at Riverside Park Fulton Industrial Blvd SW & Riverside Drive SW Atlanta GA 30336 Prospective 140 Sandtown

78 Prominence Senior Village 136 Prominence Point Pkwy Canton GA 30114 Prospective 69 Canton / Woodstock

79 Abbington Manor Baker Road & Regions Drive NW Acworth GA 30101 Prospective 92 Acworth / Kennesaw

80 Fairfield Baptist Church Senior 6133 Redan Road Lithonia GA 30058 Prospective 130 Redan

81 HearthSide Kennestone 120 Florence Street NW Marietta GA 30060 Prospective 76 Marietta SW

TOTAL PROSPECTIVE 21,743

TOTAL ATLANTA SUBURBAN 28,863

© 2018 Berkadia Real Estate Advisors LLC. Berkadia® is a trademark of Berkadia Proprietary Holding LLC. Investment sales and real estate brokerage businesses are conducted exclusively by Berkadia Real Estate Advisors LLC and Berkadia Real Estate Advisors Inc. In California, Berkadia Real Estate Advisors Inc. conducts business under CA Real Estate Broker License #01931050; Vincent B. Norris, CA BRE Lic. # 843890. Berkadia Commercial Mortgage LLC conducts business under CA Finance Lender & Broker Lic. #988-0701; and Berkadia Commercial Mortgage Inc. under CA Real Estate Broker Lic. #01874116. For state licensing details visit: http://www.berkadia.com/legal/licensing.aspx