a Berkshire Hathaway and Leucadia National company

Lease-Up Under Construction

Planned

Prospective

LEGEND

Phoenix Construction & Proposed Multifamily ProjectsID PROPERTY UNITS1 Noria 4832 San Valencia 3823 Parc Midtown 3064 Overture Kierland 1715 Ascend on Cave Creek 2406 Jefferson Chandler 2837 San Portales 2628 Alta Camelback 2379 Carter 36510 Union Tempe 40711 Aviva 32512 Park Place 23013 Sterling 920 Terrace 26014 Flats at Santan, The 31915 BB Living at Verrado 13516 Avilla Deer Valley 12517 Place at Sonoran Trails, The 20218 Premiere at Dana Park 19819 Broadstone Roosevelt Row 31620 Peak 16 23321 Broadstone Gilbert Heritage 25622 Lakeside Drive 15023 Bungalows on Olive, The 15324 MAXX 159, The 13225 Curve at Melrose, The 20426 Town Commons 306

Total Lease-Up 6,68027 Stewart, The 31228 Frys Food Store Mixed Use 33029 Sky at Chandler Airpark 50430 Derby, The 21131 Aura at Watermark 36032 LINK PHX, The 25733 Residences at Chauncey Lane 30134 Osborn Residences 19035 San Piedra 34636 Avalon 40037 Broadstone Midtown 20038 28th & Camelback 25339 Novel Rio Salado 20940 Skyview 42941 District at Scottsdale 33242 Core Chandler, The 22043 Arista at Ocotillo 21044 Camden North End 106945 Alta Drinkwater 27746 Local, The 28647 East Germann Road & South McQueeRoad 32048 Liv North Valley 38549 Elevation Plaza del Rio 33350 Zanjero 34051 Willa, The 22752 View 32 13553 Alta Central 22354 Jefferson Town Lake 24455 Liv Goodyear 32656 Avilla Victoria II 106

Total Under Construction 9,33557 Premier at Eastmark 21658 Princess Hayden 35059 2040 North Scottsdale Road 17060 Blue Sky 32961 East Highland & Goldwater Blvd 10062 L'Esperance 7763 Optima Sonoran Village Phase III 17664 Peacock Scottsdale 14665 T83 18366 Christopher Todd Communities Stadium 313

100 Christopher Todd Communities Country Place 50101 Harmony at Goodyear 288102 Mayo Blvd & 66th Street 349103 Sage Phase II 232104 Fillmore, The 609

North Center Street & West Main Street 11,470106 15515 North Scottsdale Road 150107 La Via 100108 Palmeraie 50109 Scottsdale Entrada 560110 WaterView 240111 Acoma Court 475112 LMC Kierland 299113 Metro Marketplace 100114 Metrocenter 250115 Landmark on 67th 56116 Arcadia Grand 331117 Imperial, The 140118 North 44th Street & East Palm Lane 66119 Pinnacle Club 164120 4040 - 4060 North Central Avenue 100121 Camelback & Central 120122 Omninet East 181123 Arizona Center 350124 Canyon, The 100125 Encore Residential on Van Buren 222126 North 2nd Avenue & West Fillmore Street 100127 North 2nd Avenue & West Monroe Street 100128 Phoenix Ballpark 275129 Phoenix Central Station 476

147 1610 North 91st Avenue 150148 Avilla Centerra Crossing 192149 Centerscape at Palm Valley 50150 North 146th Avenue & West Palm Lane 188151 Peoria Avenue & Perryville Road 250152 Virtua 99th 250153 Wilshire 136154 Shea at North Tatum 1044155 Trillium 101 295156 Avilla Lake Pleasant 120157 Bungalows on Jomax, The 150158 Jomax 260159 NorTerra Mixed Use 1100160 Happy Valley 250161 Lake Pleasant Heights 100162 North 3rd Street & East Pierce Street Phase II 204163 North 3rd Street & East Pierce Street Phase III 156164 1969 East Don Carlos 50165 2539 East Victory Drive 50166 647 West 19th Street 50167 Danelle Plaza Redevelopment 50

Total Planned 13,681

130 Presidential, The 84131 R Cubed 120132 St. Ambrose 200133 3338-3402 East Southern Avenue 258134 McClellan Ranch 132135 11 East 7th Street 100136 District, The 500137 Park Place 285138 Pier, The 586139 1850 East Main 100140 Sycamore Station 300141 Desert Jewel Phase III 72142 Village Square at Dana Park 320143 Falcon Pointe at Pinelake 176144 Sunrise Arizona Avenue 100145 Village Greens of Queen Creek 50146 Williams Gateway 198

Source: Yardi Matrix5 mi

1Q1867 Alta Marlette 15668 Pearl Biltmore 47469 333 East Mulberry Drive 10470 Broadstone Central 19271 Crescent Midtown 33572 Omninet West 28673 City Center on the Park 23974 Duo on Fillmore 22075 McKinley & 2nd 10876 Laveen Gardens 10277 South Mountain Park & Preserve 24078 2177 East Apache Blvd 20279 7th & Forest 32880 Broadstone Rio Salado 27681 Collective, The 26982 Eastline Village 22083 Grand at Papago Park Center, The 30084 Hayden, The 5085 StreetLights Rio 2100 34986 Co+Hoots 19087 Country Club Drive & Main Street 20088 West Pepper Place & North Robson 7089 Landing at Fiesta Village, The 22090 Baseline Gateway 34491 BB Living at Eastmark 13292 South 24th Street & East Jacinto Avenue 10493 BB Living at Val Vista 21694 EpiCenter at Agritopia 28795 Lyon's Gate 36096 Santan Village 30197 DC Heights 25098 Riata 30099 South 95th Street & West Frye Road 320100 Christopher Todd Communities Country Place 50

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

1 Noria 2177 South McQueen Road Chandler AZ 85286 Lease-Up 483 Gilbert 01/01/2017 02/28/2019 04/01/20182 San Valencia 1450 East Germann Road Chandler AZ 85286 Lease-Up 382 Gilbert 02/01/2017 02/28/2019 03/17/20183 Parc Midtown 3993 North 3rd Avenue Phoenix AZ 85013 Lease-Up 306 Uptown 01/01/2017 11/30/2018 02/01/20184 Overture Kierland 7170 East Tierra Buena Lane Scottsdale AZ 85254 Lease-Up 171 North Paradise Valley 01/15/2017 11/30/2018 12/01/20175 Ascend on Cave Creek 23555 East Desert Peak Pkwy Phoenix AZ 85024 Lease-Up 240 Union Hills 03/27/2017 09/30/2018 01/05/20186 Jefferson Chandler 3950 West Chandler Blvd Chandler AZ 85226 Lease-Up 283 Chandler 08/31/2016 09/30/2018 09/15/20177 San Portales 7215 East Silverstone Drive Scottsdale AZ 85255 Lease-Up 262 North Scottsdale 08/15/2016 09/30/2018 08/15/20178 Alta Camelback 4949 North 7th Street Phoenix AZ 85014 Lease-Up 237 Uptown 12/01/2016 08/31/2018 01/03/20189 Carter 3300 North Scottsdale Road Scottsdale AZ 85251 Lease-Up 365 South Scottsdale 11/01/2016 08/31/2018 12/26/201710 Union Tempe 712 South Forest Avenue Tempe AZ 85281 Lease-Up 407 North Tempe 12/01/2016 08/31/2018 11/09/201711 Aviva 8340 East Baseline Road Mesa AZ 85209 Lease-Up 325 Superstition Springs 01/15/2017 08/31/2018 10/16/201712 Park Place 16725 East Avenue of the Fountains Fountain Hills AZ 85268 Lease-Up 230 North Scottsdale 10/01/2016 08/31/2018 10/07/201713 Sterling 920 Terrace 920 South Terrace Road Tempe AZ 85281 Lease-Up 260 North Tempe 12/01/2016 08/31/2018 10/07/201714 Flats at Santan, The 2550 South Santan Village Pkwy Gilbert AZ 85295 Lease-Up 319 Gilbert 10/01/2016 08/31/2018 09/01/201715 BB Living at Verrado 20753 West Thomas Road Buckeye AZ 85396 Lease-Up 135 Southwest Maricopa County 02/01/2016 08/31/2018 06/03/201716 Avilla Deer Valley 2335 West Pinnacle Peak Road Phoenix AZ 85027 Lease-Up 125 Union Hills 03/01/2017 07/31/2018 12/01/201717 Place at Sonoran Trails, The 28000 North Valley Pkwy Phoenix AZ 85085 Lease-Up 202 Deer Valley 12/01/2016 06/30/2018 11/13/201718 Premiere at Dana Park 1439 South Val Vista Drive Mesa AZ 85204 Lease-Up 198 Superstition Springs 11/01/2015 06/30/2018 11/01/201719 Broadstone Roosevelt Row 330 East Roosevelt Street Phoenix AZ 85004 Lease-Up 316 Sky Harbor 04/01/2016 06/30/2018 10/21/201720 Peak 16 5151 North 16th Street Phoenix AZ 85016 Lease-Up 233 South Paradise Valley 12/15/2016 06/30/2018 10/01/201721 Broadstone Gilbert Heritage 230 East Civic Center Drive Gilbert AZ 85296 Lease-Up 256 Gilbert 10/29/2015 06/30/2018 10/01/201722 Lakeside Drive 500 West 1st Street Tempe AZ 85281 Lease-Up 150 North Tempe 07/01/2016 05/31/2018 02/01/201823 Bungalows on Olive, The 8201 West Olive Avenue Peoria AZ 85345 Lease-Up 153 Glendale 11/21/2016 05/31/2018 10/15/201724 MAXX 159, The 1711 North 159th Avenue Goodyear AZ 85395 Lease-Up 132 Western Suburbs 04/01/2017 04/30/2018 11/01/201725 Curve at Melrose, The 4333 North 6th Drive Phoenix AZ 85013 Lease-Up 204 Uptown 08/15/2016 04/30/2018 10/28/201726 Town Commons 1000 South Gilbert Road Gilbert AZ 85296 Lease-Up 306 Gilbert 07/25/2016 04/30/2018 05/25/2017

TOTAL LEASE-UP 6,68027 Stewart, The 800 North Central Avenue Phoenix AZ 85004 Under Construction 312 Sky Harbor 09/01/2017 06/30/202028 Frys Food Store Mixed Use SEC South 1st Street & East Washington Street Phoenix AZ 85004 Under Construction 330 Sky Harbor 05/26/2017 05/31/202029 Sky at Chandler Airpark 1441 East Germann Road Chandler AZ 85286 Under Construction 504 Gilbert 03/17/2018 04/30/202030 Derby, The NWC North 2nd Street & East McKinley Street Phoenix AZ 85004 Under Construction 211 Sky Harbor 03/15/2017 12/31/201931 Aura at Watermark 430 North Scottsdale Road Tempe AZ 85281 Under Construction 360 North Tempe 09/01/2017 09/30/201932 LINK PHX, The NEC North 3rd Street & East Pierce Street Phoenix AZ 85004 Under Construction 257 Sky Harbor 12/01/2017 09/30/201933 Residences at Chauncey Lane SEC East Chauncey Lane & North Scottsdale Road Scottsdale AZ 85255 Under Construction 301 North Scottsdale 10/02/2017 08/31/201934 Osborn Residences SWC North 7th Avenue & West Osborn Road Phoenix AZ 85013 Under Construction 190 Uptown 02/15/2018 08/31/201935 San Piedra 1645 South Greenfield Road Mesa AZ 85206 Under Construction 346 Superstition Springs 05/10/2017 08/31/201936 Avalon 2005 North 103rd Avenue Avondale AZ 85392 Under Construction 400 Western Suburbs 12/01/2017 08/31/201937 Broadstone Midtown 240 West Osborn Road Phoenix AZ 85013 Under Construction 200 Uptown 01/15/2018 06/30/201938 28th & Camelback 2727 East Camelback Road Phoenix AZ 85016 Under Construction 253 East Camelback 09/15/2017 05/31/201939 Novel Rio Salado 815 West Rio Salado Pkwy Tempe AZ 85281 Under Construction 209 North Tempe 10/15/2017 05/31/201940 Skyview 855 South Rural Road Tempe AZ 85281 Under Construction 429 North Tempe 04/01/2017 05/31/201941 District at Scottsdale NEC North 73rd Street & North Greenway-Hayden Loop Scottsdale AZ 85260 Under Construction 332 North Scottsdale 09/01/2017 04/30/201942 Core Chandler, The 5151 South Arizona Avenue Chandler AZ 85248 Under Construction 220 Gilbert 10/01/2017 04/30/201943 Arista at Ocotillo South Dobson Road & West Edgewater Way Chandler AZ 85248 Under Construction 210 Chandler 08/15/2017 04/30/201944 Camden North End 6800 East Mayo Blvd Phoenix AZ 85054 Under Construction 1069 Union Hills 01/01/2017 04/30/201945 Alta Drinkwater 3220 North Scottsdale Road Scottsdale AZ 85251 Under Construction 277 South Scottsdale 06/15/2017 03/31/201946 Local, The 750 South Ash Avenue Tempe AZ 85281 Under Construction 286 North Tempe 08/15/2017 03/31/201947 East Germann Road & South McQueen Road 1135 East Germann Road Chandler AZ 85286 Under Construction 320 Gilbert 07/01/2017 03/31/201948 Liv North Valley SEC North North Valley Pkwy & Sonoran Desert Drive Phoenix AZ 85085 Under Construction 385 Deer Valley 05/01/2017 03/31/201949 Elevation Plaza del Rio 13310 North Plaza Del Rio Blvd Peoria AZ 85381 Under Construction 333 Sun City - Youngtown - Peoria 04/15/2017 02/28/201950 Zanjero West Cabela Drive & North Zanjero Blvd Glendale AZ 85305 Under Construction 340 Glendale 06/15/2017 02/28/201951 Willa, The 1505 North Central Avenue Phoenix AZ 85004 Under Construction 227 Sky Harbor 06/01/2017 11/30/201852 View 32 10801 North 32nd Street Phoenix AZ 85028 Under Construction 135 Sunnyslope 10/01/2017 10/31/201853 Alta Central 4001 North Central Avenue Phoenix AZ 85012 Under Construction 223 Uptown 04/01/2017 09/30/201854 Jefferson Town Lake 909 East Playa del Norte Drive Tempe AZ 85281 Under Construction 244 North Tempe 06/15/2016 09/30/201855 Liv Goodyear 15361 West Virginia Avenue Goodyear AZ 85395 Under Construction 326 Western Suburbs 03/01/2017 09/30/201856 Avilla Victoria II 20450 East Ocotillo Road Queen Creek AZ 85142 Under Construction 106 Gilbert 10/01/2017 07/31/2018

TOTALUNDER CONSTRUCTION 9,33557 Premier at Eastmark South Ellsworth Road & East Ray Road Mesa AZ 85212 Planned 21658 Princess Hayden North Hayden Road & East Princess Blvd Scottsdale AZ 85255 Planned 350 North Scottsdale59 2040 North Scottsdale Road 2040 North Scottsdale Road Scottsdale AZ 85257 Planned 170 South Scottsdale60 Blue Sky 4649 North Scottsdale Road Scottsdale AZ 85251 Planned 329 South Scottsdale61 East Highland & Goldwater Blvd 7001 East Highland Avenue Scottsdale AZ 85251 Planned 100 South Scottsdale62 L'Esperance NWC North Scottsdale Road & East Earll Drive Scottsdale AZ 85251 Planned 77 South Scottsdale63 Optima Sonoran Village Phase III 6895 East Camelback Road Scottsdale AZ 85251 Planned 176 South Scottsdale64 Peacock Scottsdale 4601 North Scottsdale Road Scottsdale AZ 85251 Planned 146 South Scottsdale65 T83 8114 West Thunderbird Road Peoria AZ 85381 Planned 183 Sun City - Youngtown - Peoria66 Christopher Todd Communities Stadium North 99th Avenue & West Missouri Avenue Glendale AZ 85305 Planned 313 Glendale67 Alta Marlette NEC North 7th Street & East Marlette Avenue Phoenix AZ 85014 Planned 156 Christown68 Pearl Biltmore 4620 North 24th Street Phoenix AZ 85016 Planned 474 East Camelback69 333 East Mulberry Drive 333 East Mulberry Drive Phoenix AZ 85012 Planned 104 Uptown70 Broadstone Central 3450 North Central Avenue Phoenix AZ 85012 Planned 192 Uptown71 Crescent Midtown NEC North 3rd Street & East Earll Drive Phoenix AZ 85012 Planned 335 Uptown72 Omninet West 4800 North Central Avenue Phoenix AZ 85012 Planned 286 Uptown73 City Center on the Park SWC North 2nd Street & East Willetta Street Phoenix AZ 85004 Planned 239 Sky Harbor74 Duo on Fillmore NWC North 2nd Avenue & West Fillmore Street Phoenix AZ 85003 Planned 220 Sky Harbor75 McKinley & 2nd NWC North 2nd Avenue & West McKinley Street Phoenix AZ 85003 Planned 108 Sky Harbor76 Laveen Gardens 6650 South 27th Avenue Phoenix AZ 85041 Planned 102 South Phoenix77 South Mountain Park & Preserve NEC South 7th Street & East Mineral Road Phoenix AZ 85042 Planned 240 South Phoenix78 2177 East Apache Blvd 2177 East Apache Blvd Tempe AZ 85281 Planned 202 North Tempe79 7th & Forest 707 South Forest Avenue Tempe AZ 85281 Planned 328 North Tempe80 Broadstone Rio Salado SEC South Price Road & East Rio Salado Pkwy Tempe AZ 85281 Planned 276 North Tempe81 Collective, The SWC East 7th Street & South Myrtle Avenue Tempe AZ 85281 Planned 269 North Tempe82 Eastline Village 2001 East Apache Blvd Tempe AZ 85281 Planned 220 North Tempe83 Grand at Papago Park Center, The 1003 West Washington Street Tempe AZ 85281 Planned 300 North Tempe84 Hayden, The NWC East 6th Street & South College Avenue Tempe AZ 85281 Planned 50 North Tempe85 StreetLights Rio 2100 2100 East Rio Salado Pkwy Tempe AZ 85281 Planned 349 North Tempe86 Co+Hoots East Main Street & South Pomeroy Mesa AZ 85201 Planned 190 North Mesa

Source: Yardi Matrix

Phoenix New Construction and Proposed Multifamily Projects

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

87 Country Club Drive & Main Street NWC North Country Club Drive & West Main Street Mesa AZ 85201 Planned 200 North Mesa88 West Pepper Place & North Robson SEC West Pepper Place & North Robson Mesa AZ 85201 Planned 70 North Mesa89 Landing at Fiesta Village, The NWC South Alma School Road & West Southern Avenue Mesa AZ 85210 Planned 220 South Mesa90 Baseline Gateway NEC East Baseline Road & North Greenfield Road Mesa AZ 85206 Planned 344 Superstition Springs91 BB Living at Eastmark East Ray Road & South Eastmark Pkwy Mesa AZ 85212 Planned 132 Superstition Springs92 South 24th Street & East Jacinto Avenue SWC South 24th Street & East Jacinto Avenue Mesa AZ 85204 Planned 104 Superstition Springs93 BB Living at Val Vista East Germann Road & South Rome Street Gilbert AZ 85297 Planned 216 Gilbert94 EpiCenter at Agritopia NWC East Ray Road & South Higley Road Gilbert AZ 85296 Planned 287 Gilbert95 Lyon's Gate NWC South Wade Drive & East Williams Field Road Gilbert AZ 85295 Planned 360 Gilbert96 Santan Village SEC East Ray Road & South Santan Village Pkwy Gilbert AZ 85295 Planned 301 Gilbert97 DC Heights 201 West Commonwealth Avenue Chandler AZ 85225 Planned 250 Chandler98 Riata 3775 West Chandler Blvd Chandler AZ 85226 Planned 300 Chandler99 South 95th Street & West Frye Road NWC South 95th Street & West Frye Road Chandler AZ 85224 Planned 320 Chandler100 Christopher Todd Communities Country Place NWC South 99th Avenue & West Lower Buckeye Road Phoenix AZ 85353 Planned 50 Western Suburbs101 Harmony at Goodyear 4195 North Falcon Drive Goodyear AZ 85395 Planned 288 Western Suburbs102 Mayo Blvd & 66th Street 6611 East Mayo Blvd Phoenix AZ 85054 Planned 349 Union Hills103 Sage Phase II 28425 North Black Canyon Hwy Phoenix AZ 85085 Planned 232 Deer Valley104 Fillmore, The 355 North 5th Avenue Phoenix AZ 85003 Planned 609 Sky Harbor105 North Center Street & West Main Street SWC North Center Street & West Main Street Mesa AZ 85210 Planned 75 North Mesa

TOTAL PLANNED 11,407106 15515 North Scottsdale Road 15515 North Scottsdale Road Scottsdale AZ 85254 Prospective 150 North Scottsdale107 La Via 16001 North Scottsdale Road Scottsdale AZ 85254 Prospective 100 North Scottsdale108 Palmeraie SWC East Indian Bend Road & North Scottsdale Road Scottsdale AZ 85253 Prospective 50 South Scottsdale109 Scottsdale Entrada NEC North 64th Street & East McDowell Road Scottsdale AZ 85257 Prospective 560 South Scottsdale110 WaterView North 73rd Street & East Camelback Road Scottsdale AZ 85251 Prospective 240 South Scottsdale111 Acoma Court SWC East Acoma Drive & North Scottsdale Road Scottsdale AZ 85254 Prospective 475 North Paradise Valley112 LMC Kierland 15825 North 71st Street Scottsdale AZ 85254 Prospective 299 North Paradise Valley113 Metro Marketplace NWC North Black Canyon Fwy & West Dunlap Avenue Phoenix AZ 85051 Prospective 100 Metrocenter114 Metrocenter North 28th Drive & North Metro Pkwy East Phoenix AZ 85051 Prospective 250 Metrocenter115 Landmark on 67th NWC North 67th Avenue & West Olive Avenue Peoria AZ 85345 Prospective 56 Sun City - Youngtown - Peoria116 Arcadia Grand 2165 North 44th Street Phoenix AZ 85008 Prospective 331 Central East Phoenix117 Imperial, The 919 North 20th Street Phoenix AZ 85006 Prospective 140 Central East Phoenix118 North 44th Street & East Palm Lane North 44th Street & East Palm Lane Phoenix AZ 85008 Prospective 66 Central East Phoenix119 Pinnacle Club 2702 North 44th Street Phoenix AZ 85008 Prospective 164 Central East Phoenix120 4040 - 4060 North Central Avenue 4040 North Central Avenue Phoenix AZ 85012 Prospective 100 Uptown121 Camelback & Central SWC East Camelback Road & North Central Avenue Phoenix AZ 85013 Prospective 120 Uptown122 Omninet East 4801 North Central Avenue Phoenix AZ 85012 Prospective 181 Uptown123 Arizona Center SEC North 5th Street & East Van Buren Street Phoenix AZ 85004 Prospective 350 Sky Harbor124 Canyon, The NEC North Central Avenue & East Fillmore Street Phoenix AZ 85004 Prospective 100 Sky Harbor125 Encore Residential on Van Buren 4633 East Van Buren Street Phoenix AZ 85008 Prospective 222 Sky Harbor126 North 2nd Avenue & West Fillmore Street SWC North 2nd Avenue & West Fillmore Street Phoenix AZ 85003 Prospective 100 Sky Harbor127 North 2nd Avenue & West Monroe Street SWC North 2nd Avenue & West Monroe Street Phoenix AZ 85003 Prospective 100 Sky Harbor128 Phoenix Ballpark 421 South 3rd Street Phoenix AZ 85004 Prospective 275 Sky Harbor129 Phoenix Central Station 300 North Central Avenue Phoenix AZ 85004 Prospective 476 Sky Harbor130 Presidential, The 1100 East Jefferson Street Phoenix AZ 85034 Prospective 84 Sky Harbor131 R Cubed SWC North 3rd Avenue & West Roosevelt Street Phoenix AZ 85003 Prospective 120 Sky Harbor132 St. Ambrose North 12th Street & East Van Buren Street Phoenix AZ 85006 Prospective 200 Sky Harbor133 3338-3402 East Southern Avenue 3338 East Southern Avenue Phoenix AZ 85040 Prospective 258 South Phoenix134 McClellan Ranch West Dobbins Road & South 67th Avenue Laveen AZ 85339 Prospective 132 South Phoenix135 11 East 7th Street 11 East 7th Street Tempe AZ 85281 Prospective 100 North Tempe136 District, The SEC East Rio Salado Pkwy & South Rural Road Tempe AZ 85281 Prospective 500 North Tempe137 Park Place 1135 East Apache Blvd Tempe AZ 85281 Prospective 285 North Tempe138 Pier, The 1190 East Vista Del Lago Drive Tempe AZ 85281 Prospective 586 North Tempe139 1850 East Main 1850 East Main Street Mesa AZ 85203 Prospective 100 North Mesa140 Sycamore Station 1830 West Main Street Mesa AZ 85201 Prospective 300 North Mesa141 Desert Jewel Phase III 2800 North Arizona Avenue Chandler AZ 85225 Prospective 72 South Mesa142 Village Square at Dana Park NWC East Baseline Road & South Val Vista Drive Mesa AZ 85204 Prospective 320 Superstition Springs143 Falcon Pointe at Pinelake SEC East Ocotillo Road & South Pinelake Way Chandler AZ 85249 Prospective 176 Gilbert144 Sunrise Arizona Avenue 5151 South Arizona Avenue Chandler AZ 85248 Prospective 100 Gilbert145 Village Greens of Queen Creek SEC South Rittenhouse Road & East Village Loop Road North Queen Creek AZ 85142 Prospective 50 Gilbert146 Williams Gateway 17888 East Williams Field Road Gilbert AZ 85295 Prospective 198 Gilbert147 1610 North 91st Avenue 1610 North 91st Avenue Phoenix AZ 85037 Prospective 150 Western Suburbs148 Avilla Centerra Crossing SEC North Estrella Pkwy & West Van Buren Road Goodyear AZ 85338 Prospective 192 Western Suburbs149 Centerscape at Palm Valley SEC North Bullard Avenue & West McDowell Road Goodyear AZ 85338 Prospective 50 Western Suburbs150 North 146th Avenue & West Palm Lane SEC North 146th Avenue & West Palm Lane Goodyear AZ 85395 Prospective 188 Western Suburbs151 Peoria Avenue & Perryville Road NWC West Peoria Avenue & North Perryville Road Waddell AZ 85355 Prospective 250 Western Suburbs152 Virtua 99th North 99th Avenue & West Encanto Blvd Avondale AZ 85392 Prospective 250 Western Suburbs153 Wilshire North 83rd Avenue & West Palm Lane Phoenix AZ 85037 Prospective 136 Western Suburbs154 Shea at North Tatum SEC East Grovers Avenue & North Tatum Blvd Phoenix AZ 85254 Prospective 1044 Union Hills155 Trillium 101 20350 North 7th Avenue Phoenix AZ 85027 Prospective 295 Union Hills156 Avilla Lake Pleasant NWC West Beardsley Road & North Lake Pleasant Road Peoria AZ 85382 Prospective 120 Deer Valley157 Bungalows on Jomax, The 27441 North Black Canyon Hwy Phoenix AZ 85085 Prospective 150 Deer Valley158 Jomax West Jomax Road & Norterra Pkwy Phoenix AZ 85085 Prospective 260 Deer Valley159 NorTerra Mixed Use NWC North 19th Avenue & West Happy Valley Road Phoenix AZ 85085 Prospective 1100 Deer Valley160 Happy Valley SWC West Happy Valley Road & Loop 303 Peoria AZ 85383 Prospective 250 Southwest Maricopa County161 Lake Pleasant Heights West Lone Mountain Pkwy & North El Mirage Road Peoria AZ 85383 Prospective 100 Southwest Maricopa County162 North 3rd Street & East Pierce Street Phase II NEC North 3rd Street & East Pierce Street Phoenix AZ 85004 Prospective 204 Sky Harbor163 North 3rd Street & East Pierce Street Phase III NEC North 3rd Street & East Pierce Street Phoenix AZ 85004 Prospective 156 Sky Harbor164 1969 East Don Carlos 1969 East Don Carlos Avenue Tempe AZ 85281 Prospective 50 North Tempe165 2539 East Victory Drive 2539 East Victory Drive Tempe AZ 85281 Prospective 50 North Tempe166 647 West 19th Street 647 West 19th Street Tempe AZ 85281 Prospective 50 North Tempe167 Danelle Plaza Redevelopment SWC South Mill Avenue & East Southern Avenue Tempe AZ 85282 Prospective 50 South Tempe157 North Center Street & West Main Street SWC North Center Street & West Main Street Mesa AZ 85210 Prospective 75 North Mesa

TOTAL PROSPECTIVE 13,681

TOTAL PHOENIX 41,103

Source: Yardi Matrix

Phoenix New Construction and Proposed Multifamily Projects

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