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COSEOPROPERTIES.COM (858) 487.7100 Delivering superior performance to communities and investors for 40 years.

Delivering superior performance to communities and

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Page 1: Delivering superior performance to communities and

C O S E O P R O P E RT I E S .C O M

(858) 487.7100

Delivering superior performance to communities and investors for 40 years.

Page 2: Delivering superior performance to communities and

Coseo Properties, Inc. is a real estate investment

firm based in San Diego, California. CPI maintains

a national reach and possesses an unparalleled

expertise and track record operating in the Southwest

and Midwest regions of the U.S. Since 1983, CPI has

spearheaded projects in commercial, retail, industrial,

residential, land, and foreclosed property investment

and development. CPI’s ability to generate outstanding

returns for our investors is founded on our years of

experience developing expertise in the markets

we operate, forging ties to these communities, and

formulating a sound and flexible investment strategy

based on geographic region and property type. The

result is the Coseo Advantage, which we provide to

investors seeking to leverage our 40 years of experience

and results. CPI’s leadership team is well-positioned

to continue this track record of success given our

proven investment model, management continuity,

and expertise in acquisitions, asset management, and

investor relations.

CHRIS COSEO - Chairman

Chris Coseo began his real estate industry career 40 years ago as an analyst for the

multifamily properties and manufactured home communities. During his four decade

career, Chris has navigated major recessions, drastic tax code and public policy changes,

and market fluctuations all the while managing to generate outstanding returns for investors.

Chris maintained consistent returns through in-depth research to foresee market cycles and

trends, and building relationships with communities, investors, lenders, and staff. Chris has

successfully executed a myriad of successful transactions, including large-scale residential

housing, multifamily properties, office, industrial and retail space. Chris has mentored the

CPI leadership team on the skills and strategies necessary to maintain the Coseo Advantage.

Prospective investors can contact Chris to schedule a call with his team, long-term investors,

and lenders to discuss all aspects of Coseo Properties, Inc.

ABOUT CPI

Page 3: Delivering superior performance to communities and

THE COSEO ADVANTAGE

$745M5

30

CPI’s closed acquisition value is over $745 million.CPI’s Typical transaction

size is $5-$30 million.

Less than 1% of investment opportunities are approved and

sought after by CPI.

< 1%

CPI’s general preferred return is 10%+ and holds are typically 3 – 5 years.

10%

CPI evaluates 600+ opportunities annually in

its core markets.

NC

CA

ID MI, IN, OH

CPI INVESTMENT CYCLE

Four decades of diverse real estate experience. Crafting an expertise in the Southwest and Midwest regions built on market

research, community relationships, and a proven track record. Building a flexible, sound and repeatable investment

model that guides us through the identification, acquisition, hold and sale cycle. Mentoring an experienced and proven

team of executives to maintain continuity of relationships and track record. These are the pillars of The Coseo Advantage.

Opportunities in the Southwest and Midwest Regions

While not every property in a hot region presents an investment opportunity, CPI believes select and well researched cities in

the Southwest and Midwest regions currently offer and will continue to offer excellent investment opportunities for our growing

portfolio. A number of cities in these regions, including several in which we operate, are experiencing significantly faster job

growth than the national average, have rent to household income ratios under 30%, have population growth projections higher

than the national average, and are seeing home prices growing leading many residents into the rental market.

Page 4: Delivering superior performance to communities and

““Coseo has been a 25-year client of ours and have always shown honesty and integrity.

They have completed many complicated deals and have always done what they said

they would do. Their staff is very professional, and we never have surprises with them.

In addition, their equity and debt relationships have always proven to be strong and

time periods are stringently kept.”

RICHARD LEBERT, COLLIERS SAN DIEGO

Prior to joining Coseo Properties, Jeffrey D. Stites managed a $1.2 billion real estate

portfolio at City National Bank. Jeff is responsible for overseeing the full scope of the

company’s project development as well as the firm’s day-to-day operating activities,

including revenue and sales growth; expense, cost, and margin control; and monthly,

quarterly, and annual financial goal management. Jeff is an essential leader and mentor

within the company, providing strategic guidance and leadership with his extensive high-

level corporate experience. He is also responsible for the excellent lending relationships

Coseo enjoys with Northern Trust, TCF Bank, Pacific Premier, Chemical Bank, CBRE

Capital Markets, Rabobank, Berkadia and many others.

JEFF STITES - Chief Operating Officer

Calvin J. Coseo joined Coseo Properties in 2009 and was tasked with acquisitions, asset

management, investor relations and rehabilitation and sale of nearly 3,000 single-family

homes throughout the United States. He exceeded in his primary role of investor relations

raising over 40 million of private equity capital. This led to Calvin starting his own

company in 2014. Within four years he has syndicated 11 deals acquiring over 1,000

multi-family units, more than 580,000 sq. ft. of commercial office space, and 433 student

housing units. In 2018, Calvin was promoted to President of Coseo Properties, Inc. to

join forces and implement his cumulative knowledge and experience of the industry to

grow CPI.

CALVIN COSEO - President

Page 5: Delivering superior performance to communities and

20%

40%

60%

80%

100%

0

RAT

E O

F R

ETU

RN

MIDWEST MULTIFAMILY SALES HISTORY

(Over the Last Six Years)

The Pinnacle office, CPI’s current headquarters, was developed by CPI totaling 110,000 square

feet and sold in 2007 which resulted in an investor annual return of 52%.

“Working with the professionals at Coseo has been excellent. They are extremely organized, transparent and responsive in everything they do. I have the highest regard for their integrity and it is a pleasure to do business with them.

I wish all my customers were like Coseo.”

JEFFREY MOORE, VP TCF NATIONAL BANK

“The Coseo team has been terrific to work with from a bankers perspective. They are

responsive to requests, rational in their approach and you can trust that they will

perform and produce results as promised.”

PAMELA FOSTER, CHEMICAL BANK MICHIGAN

University Green

Eagle Pointe

Lakeview Villas

Bailey Park Weathervan / Country

Squire

Wakefield Forest

Carnegie Park

Country Meadows

Westland Park

Maple Grove

92.9%

56.7%49.6%

45.5%43.9%40.2%

32.5%25.8%24.4%

13.8%

Please see back cover to view Past & Present Holdings.

Page 6: Delivering superior performance to communities and

10920 VIA FRONTERA SUITE 500, SAN DIEGO, CA 92127 | COSEOPROPERTIES.COM | 858.487.7100

3,000 Homes Single-Family National (45 States)

Catalina (Subdivision) Residential Vista, CA

Heritage Estates Luxury Homes Residential Poway, CA

Trails End (subdivision), Residential Carlsbad, CA

Fifty-two manufactured home communities (18,500 units)

Mobile Homes 15 States.

1401 Imperial Ave Land San Diego, CA

Condominium development Land Ocean Beach, CA

Newport Woods 144 Newport, MI

Town Commons 100 Howell, MI

Forest Hills 136 Battle Creek, MI

Wyndtree Townhomes 160 Battle Creek, MI

Treetop Ridge 100 Battle Creek, MI

The Pointe 121 Grand Rapids, MI

Flushing Valley Apartments 121 Flushing Valley, MI

The Villas 101 Clayton Township, MI

Tree Top Apartments 108 Coeur d’Alene, ID

Trails End Apartments 48 Coeur d’Alene, ID

Northwoods Apartments 32 Coeur d’Alene, ID

Block 36 109(433 Beds) East Lansing, MI

Beachwalk Retail Center 58,000 Solana Beach, CA

Marketplace del Rio 180,000 Oceanside, CA

Plaza Sorrento Shopping Center 98,000 San Diego, CA

Red Rock Retail Center 76,000 San Marcos, CA

Santee Town Center 96,000 Santee, CA

Bella Vista 21,000 Vista, CA

Freeway Business Park 50,000 San Ysidro, CA

Warehouse 109,000 Temecula, CA

Warehouse 96,000 Temecula, CA

Enterprise Circle 28,000 Temecula, CA

Fountain Plaza 87,000 San Diego, CA

The Pinnacle 110,000 San Diego, CA

Via Frontera 30,000 San Diego, CA

Atrium Office Park 102,147 Vista, CA

Cambridge Court Office Park 275,171 Auburn Hills, MI

Camino San Bernardo Office Center 26,000 San Diego, CA

Scripps Poway Corporate Center 52,000 Poway, CA

One Carlsbad Research Center 99,787 Carlsbad, CA

Silverhawk Corporate Center 80,200 Murrieta, CA

Westfield Office 50,960 Farmington Hills, MI

690 Otay Lakes Road 28,565 Chula Vista, CA

PAST & CURRENT HOLDINGS

CURRENT HOLDINGSPAST HOLDINGS

PROPERTY NAMEPROPERTY NAME

NAME/DESCRIPTION

PROJECT NAME

UNITSSQ. FT.

TYPE

SQ. FT.

LOCATION

INDUSTRIAL

LOCATION

LOCATION

LOCATION

RETAIL

OFFICE

OTHER

MULTIFAMILY

OFFICE

Please see inside to view Multifamily Sales History.