Atlanta Suburban New Construction & Proposed Multifamily ProjectsID PROPERTY UNITS1 Evermore Senior Village 862 Solis Suwanee 2353 Amorance 1684 Hawthorne at Mirror Lake Phase II 965 Echo Lakeside 2956 Juncture Phase II 2547 Golden Gates Townhomes 400

Total Lease-Up 1,534

8 Kennesaw State University - Town Addition 248

9 Elan Halcyon 69010 Wisteria Place of Mableton 10411 Peachtree Corners Town Center 35612 HearthSide Lafayette 12513 Park West 7114 Abbington Perimeter 7215 Walton Ridge Phase II 8516 Sixes Ridge 28217 Eastmore 17918 Promenade at Newnan Crossing 30019 The Eddy at Riverview Landing 310

Total Under Construction 2,82220 Villas at Pine Lake, The 9621 Antioch Summit 12422 Brookside Heights 21023 Wildmeade at Castleberry Road 42824 Dallas & Main 14025 The Barrett 26326 Roswell Shopping Center Redevelopment 30027 Legacy at Gwinnett 17028 Peachtree Corners 16929 Steve Reynolds Boulevard 28930 Ariston 33631 Hillcrest Drive 7932 Solis Suwanee Phase II 23333 Redland Creek Villas 9634 South Lawn 60035 Lilburn Town Center 25036 Zack Hinton Senior Living 25237 Pinewood Forrest 20038 Anthem at Riverside, The 94

Total Planned 4,32939 Abbington Ridge 6040 Hardwick Commons 7341 Stone Valley 6442 Legacy at Walton Heights Phase II 9043 Abbington Estates 5044 Revere Senior 9445 Havenwood Grove Senior 5646 Tanger TH 8047 Westridge MF 15048 Townview Place 6049 Woodbury Manor 7450 Walton Ridge Phase III 10851 Downtown Holly Springs 8052 Heights at Woodstock, The 35053 Marietta Highway 10154 Railroad Street 5055 Woodstock Community Village 80056 Brookwood Quarters Townhomes 13957 Villages at Brooks Farm, The 39858 Westshore 63859 Big Shanty Road 1060

60 Creekside 7161 EastPark Village 85062 George Busbee Parkway 21563 Kennesaw Crossing 27464 Solis Kennesaw II 17265 Riverwalk Village 155666 Alpharetta North Point Mall 32867 Haynes Bridge Road & Lakeview Pkwy 43068 Johns Creek 26369 Parkway 400 32570 Encore 45071 Gwinnett Place Mall 34072 Lillian Webb Park 19473 Revel 80074 Rock - Tenn Redevelopment 29275 Satellite Point 29276 Sweetwater Creek 29077 Orchid Grove 77678 Exchange at Gwinnett, The 50079 Heights at Gwinnett Crossing, The 30180 Laurel Crossing Parkway 25681 Level Creek 30282 Parkside at Suwanee Town Center 7083 Peachtree Industrial Boulevard 24584 Puckett Road 12885 Suwanee Dam & Peachtree Industrial 27686 Wisteria Place of Hamilton Mill 10087 Grayson Highway 23488 Sever Road 23089 Sugarloaf 19490 Sugarloaf Walk 30291 Sugarloaf Crossing 37592 Webb Gin House Road & Scenic Hwy North 30093 Noble Village Lilburn 6894 Atlanta Road Townhomes 8395 Eagle's Brooke Phase II 27296 Everly 60097 Highway 19 & Highway 81 10098 Shoal Creek Blvd 9499 Preserves Anvilblock Road 125100 University Station Town Center 100101 Northlake Drive 165102 Solis Fayetteville 240103 Bethsaida & Summertree 162104 Flat Shoals Road 240105 Friendship Village 6000106 Senoia & Harris 250107 South Fulton Parkway & State Road 92 2300108 Union City Town Center 100109 Senior Residence at Riverside Park 140110 Lost Mountain Road 80111 The Avemore Village 348112 Prominence Senior Village 69113 Abbington Manor 92114 Fairfield Baptist Church Senior 130115 HearthSide Kennestone 76

Total Prospective 28,140

4Q18

Lease-Up

Under Construction

Planned

Prospective

LEGEND

a Berkshire Hathaway and Jefferies Financial Group company

Source: Yardi Matrix5 mi

39

40

41

42

51

52

55

59

60

61

62

64

65

66

68

69

70

71

72

73

74

75

7677

78

79

80

81

82

83

8485 86

87

8890

91

9293

94

95

96

97

98

99

100

101

102

103

104105

106

109

110

112

113

115

111

107

114

108

89

63

5657

5853

54

50

43

49

44

45 46

47

48

67

21

20

24

22

3032

31

28

29

26

27

25

23

3334

35

36

37

38

8

16

17

18

19

9

10

11

12

15

13

14

32

7

5

4

6

1

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 Evermore Senior Village 2200 Oakland Park Blvd SW Snellville GA 30039 Lease-Up 86 Lawrenceville 12/18/2017 01/31/2019 11/01/2018

2 Solis Suwanee 400 Buford Hwy NW Suwanee GA 30024 Lease-Up 235 Suwanee / Buford 06/28/2017 01/31/2019 09/08/2018

3 Amorance 2001 Commerce Street Alpharetta GA 30009 Lease-Up 168 Roswell / Alpharetta 08/01/2017 01/31/2019 07/01/2018

4 Hawthorne at Mirror Lake Phase II 100 Woods Walk Villa Rica GA 30180 Lease-Up 96 Douglasville 08/22/2017 01/31/2019 05/01/2018

5 Echo Lakeside 510 Guthridge Court NW Norcross GA 30092 Lease-Up 295 Duluth / Norcross 10/15/2017 01/31/2019 04/02/2018

6 Juncture Phase II 910 Deerfield Crossing Drive Alpharetta GA 30004 Lease-Up 254 Cumming 06/30/2016 01/31/2019 05/01/2017

7 Golden Gates Townhomes 1 Chatfield Drive Stone Mountain GA 30083 Lease-Up 400 Tucker / Stone Mountain 01/01/2016 01/31/2019 01/01/2017

TOTAL LEASE-UP 1,534

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

9 Elan Halcyon NWC McFarland Pkwy & Ronald Reagan Blvd Alpharetta GA 30005 Under Construction 690 Cumming 03/01/2018 03/31/2019

10 Wisteria Place of Mableton 4436 Floyd Road SW Mableton GA 30126 Under Construction 104 Mableton / Austell 06/01/2018 03/31/2019

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

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

13 Park West 2961 Lenora Church Road Snellville GA 30078 Under Construction 71 Lawrenceville 11/01/2017 01/31/2019

14 Abbington Perimeter 3250 Panthersville Road Decatur GA 30034 Under Construction 72 Chapel Hill 03/09/2018 01/31/2019

15 Walton Ridge Phase II 1631 White Circle NW Marietta GA 30066 Under Construction 85 Marietta SW 08/28/2017 01/31/2019

16 Sixes Ridge Holly Springs Parkway & Rabbit Hill Road Holly Springs GA 30115 Under Construction 282 Canton / Woodstock

17 Eastmore Flat Shoals Rd & Iris Dr Conyers GA 30094 Under Construction 179 Redan

18 Promenade at Newnan Crossing 1450 Newnan Crossing Blvd E Newnan GA 30265 Under Construction 300 Peachtree / Fayettville

19 The Eddy at Riverview Landing 6269 Riverview Rd SE Mableton GA 30126 Under Construction 310 Mableton / Austell

TOTAL UNDER CONSTRUCTION 2,822

20 Villas at Pine Lake, The 4656 Rockbridge Road SW Stone Mountain GA 30083 Planned 96 Tucker / Stone Mountain

21 Antioch Summit 4710 Mandy Wicker Lane Stone Mountain GA 30088 Planned 124 Redan

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

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

24 Dallas & Main 2891 Lewis Street Kennesaw GA 30144 Planned 140 Acworth / Kennesaw

25 The Barrett 83 Ernest W Barrett Pkwy NW Marietta GA 30066 Planned 263 Acworth / Kennesaw

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

27 Legacy at Gwinnett 2188 Duluth Highway 120 Duluth GA 30096 Planned 170 Duluth / Norcross

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

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

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

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

32 Solis Suwanee Phase II 400 Buford Hwy NW Suwanee GA 30024 Planned 233 Suwanee / Buford

33 Redland Creek Villas 1340 Lawrenceville Hwy Lawrenceville GA 30046 Planned 96 Lawrenceville

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

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

36 Zack Hinton Senior Living Postmaster Drive & South Zack Hinton Pkwy McDonough GA 30253 Planned 252 McDonough

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

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

TOTAL PLANNED 4,329

39 Abbington Ridge Valley Street & Howell Bridge Road Ball Ground GA 30107 Prospective 60 Canton / Woodstock

40 Hardwick Commons 401 Marietta Hwy Canton GA 30114 Prospective 73 Canton / Woodstock

41 Stone Valley Coy M Holcomb Drive & Valley Street Ball Ground GA 30107 Prospective 64 Canton / Woodstock

42 Legacy at Walton Heights Phase II 190 Roberts Trail Marietta GA 30066 Prospective 90 Acworth / Kennesaw

43 Abbington Estates 4640 Redan Road Stone Mountain GA 30083 Prospective 50 Redan

44 Revere Senior 4205 West Panola Road Ellenwood GA 30294 Prospective 94 Stockbridge

45 Havenwood Grove Senior Apache Avenue & Indian Creek Road Locust Grove GA 30248 Prospective 56 McDonough

46 Tanger TH SEC Indian Creek Road & Tanger Blvd Locust Grove GA 30248 Prospective 80 McDonough

47 Westridge MF Georgia Crown Drive & Westridge Pkwy McDonough GA 30253 Prospective 150 McDonough

48 Townview Place 8083 North Main Street Jonesboro GA 30236 Prospective 60 Jonesboro / Bonanza

49 Woodbury Manor Campbellton Road SW & Riverside Drive SW Atlanta GA 30331 Prospective 74 Sandtown

50 Walton Ridge Phase III 1631 White Circle NW Marietta GA 30066 Prospective 108 Marietta SW

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

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

53 Marietta Highway Marietta Hwy & Univeter Road Canton GA 30114 Prospective 101 Canton / Woodstock

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

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

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

57 Villages at Brooks Farm, The 725 Pilgrim Mill Road Cumming GA 30040 Prospective 398 Cumming

58 Westshore Market Pl Blvd & Turner Rd Cumming GA 30041 Prospective 638 Cumming

Source: Yardi Matrix

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

59 Big Shanty Road Chastain Road & Chastain Meadows Pkwy NW Kennesaw GA 30144 Prospective 1060 Acworth / Kennesaw

60 Creekside 2520 Cobb Pkwy NW Kennesaw GA 30152 Prospective 71 Acworth / Kennesaw

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

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

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

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

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

66 Alpharetta North Point Mall 1000 North Point Circle Alpharetta GA 30022 Prospective 328 Roswell / Alpharetta

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

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

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

70 Encore 2705 Peachtree Industrial Blvd Duluth GA 30097 Prospective 450 Duluth / Norcross

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

72 Lillian Webb Park 5765 Buford Hwy Norcross GA 30071 Prospective 194 Duluth / Norcross

73 Revel 6400 Sugarloaf Pkwy Duluth GA 30097 Prospective 800 Duluth / Norcross

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

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

76 Sweetwater Creek 2789 Satellite Blvd Duluth GA 30096 Prospective 290 Duluth / Norcross

77 Orchid Grove 2300 Pleasant Hill Rd Duluth GA 30096 Prospective 776 Duluth / Norcross

78 Exchange at Gwinnett, The Buford Drive & Satellite Boulevard NE Buford GA 30518 Prospective 500 Suwanee / Buford

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

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

81 Level Creek 1091 Level Creek Road Sugar Hill GA 30518 Prospective 302 Suwanee / Buford

82 Parkside at Suwanee Town Center 450 Buford Hwy NE Suwanee GA 30024 Prospective 70 Suwanee / Buford

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

84 Puckett Road Hamilton Mill Road & South Puckett Road Buford GA 30519 Prospective 128 Suwanee / Buford

85 Suwanee Dam & Peachtree Industrial Peachtree Industrial Blvd & Suwanee Dam Road Suwanee GA 30024 Prospective 276 Suwanee / Buford

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

87 Grayson Highway 1700 Grayson Hwy Grayson GA 30017 Prospective 234 Lawrenceville

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

89 Sugarloaf 1850 Duluth Hwy Lawrenceville GA 30043 Prospective 194 Lawrenceville

90 Sugarloaf Walk 2200 Duluth Hwy Lawrenceville GA 30043 Prospective 302 Lawrenceville

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

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

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

94 Atlanta Road Townhomes East Atlanta Road & East Lee Road Stockbridge GA 30281 Prospective 83 Stockbridge

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

96 Everly Chambers Road & Jodeco Road Stockbridge GA 30253 Prospective 600 McDonough

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

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

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

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

101 Northlake Drive 210 B Northlake Drive Peachtree City GA 30269 Prospective 165 Peachtree / Fayettville

102 Solis Fayetteville Highway 54 & Togwatee Village Pkwy Fayetteville GA 30214 Prospective 240 Peachtree / Fayettville

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

104 Flat Shoals Road 4712 Flat Shoals Road Union City GA 30291 Prospective 240 Union City / Fairburn

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

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

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

108 Union City Town Center Campbellton Fairburn Road & South Fulton Pkwy Fairburn GA 30213 Prospective 100 Cliftondale

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

110 Lost Mountain Road 1945 Lost Mountain Road Powder Springs GA 30127 Prospective 80 Marietta SW

111 The Avemore Village 55 Goldworth Rd Villa Rica GA 30180 Prospective 348 Douglasville

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

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

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

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

TOTAL PROSPECTIVE 28,140

TOTAL ATLANTA SUBURBAN 36,825

Atlanta Suburban New Construction & Proposed Multifamily Projects

Source: Yardi Matrix© 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