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REAL ESTATE & HOSPITALITY AMERICAS

Strictly Private & Confidential

NATIXIS

Natixis is the international corporate and investment banking, asset management, insurance and financial services arm of Groupe BPCE, the 2nd-largest banking group in France.

It designs customized financial solutions for…• Companies• Financial institutions• Public sector• Groupe BPCE networks and their clients (retail, professionals and SMBs)

… by drawing on the complementary expertise of its core businesses• Corporate & Investment Banking• Asset and Wealth Management• Insurance• Specialized Financial Services

GROUPE BPCE

23.9bn

Net banking income(2)

bn$$ 3.4

Net income attributable to equity holders of the parent(2)

48 countries

106,500employees

2major cooperative banking networks, Banque Populaire and Caisse d’Epargne

2nd largest banking group in France(1)

31 million clients

7,800 branches

9 million cooperative shareholders

(1) Market shares: 21.6% in customer savings deposits, and 21.1% in customer loans (source: Banque de France Q3 2017)(2) Figures as at 12/31/2017 excluding non-economic and exceptional items

PORTFOLIO LENDING PROGRAM

Loan Sizes: $100MM and up

Loan Term: 2 to 7 years

Loan-to-Value: Up to 70% and up to 85% with principal mezzanine

Debt Yield: Zero/low going-in debt yield; exit debt yield 7%-12% on stabilized NCF

Property Types: All property types

Geography: Nationwide

Interest Rates: LIBOR + 1.50% to 6.00%

Prepayment: Yield maintenance with flexible prepayment conditions

Structure: First mortgage, mezzanine, B-note, note financing, EB-5

Fees: Origination fee and exit fee (waived with Natixis refinancing)

Office

Acquisition Floating - Balance Sheet

433 North Camden Drive

Los Angeles, CA

$95,000,0002+1+1+1

Office

Refinance Floating - Balance Sheet

San Felipe Plaza

Houston, TX

$147,250,0003+1+1

Office


1015 18th Street

Washington DC

$46,334,3923+1+1

Mixed Use

ConstructionFloating - Balance Sheet

Westminster Town Square

Westminster, CO

$65,200,0003+1+1

Mixed Use

Construction Floating - Balance Sheet

Boston Seaport Square

Boston, MA

$480,000,0003 + 1 + 6 mths


Boston, MAMixed Use

$480,000,0003-YR Term

ConstructionFloating - Balance Sheet

Office


330 E 62nd Street

New York, NY

$86,250,0002+1+1

Office


333 South Grand

Los Angeles, CA

$400,000,0002+1+1+1

Hotel


The Line Hotel

Los Angeles, CA

$93,000,0002+1+1

Office


Tower 46New York, NY

$195,000,0003+1+1

Office


One Light StreetBaltimore, MD

$125,000,0003+1+1

Multifamily

Pre-Development Floating - Balance Sheet

Extell W 66th & 65th StreetNew York, NY

$218,000,00018 mths + 6 mths

Hotel

Acquisition Floating - Balance Sheet

Marriott Oakland

Oakland, CA

$95,000,0003+1+1

COMMERCIAL MORTGAGE-BACKED SECURITIES PROGRAM

Loan Sizes: $10MM and up

Loan Term: 5 to 10 years for fixed rate2 to 7 years for floating rate

Up to 85%Debt Yield: 6% and upProperty Types: All income-producing property typesGeography: NationwideInterest Rates: 3.50% to 5.50% for fixed rate - LIBOR + 1.50% to 3.50% for floating ratePrepayment: Lockout followed by defeasance or yield maintenanceStructure: First mortgage, B-note and mezzanine

Loan-to-Value:

Mixed Use

AcquisitionLeased Fee - CMBS SASB; Leasehold - Balance Sheet

$1,905,000,0005 (Leased Fee); 3+1+1 (Leasehold)

20 Times Square

New York, New YorkMultifamily

RefinanceCMBS Conduit

2 North 6th Place

Brooklyn, New York

$380,000,00010

Hospitality

Intercontinental Boston

Boston, Massachusetts

$265,000,00010

RefinanceCMBS SASB

Mixed Use



Boston, MA

$480,000,0003 + 1 + 6 mths

Project RIVA

VariousHospitality

$219,000,0003+1+1

Acquisition CMBS SASB

Office

Acquisition CMBS SASB

Silicon Valley Portfolio

Santa Clara, CA

$195,000,0005+1+1

Office

Refinance CMBS FL

Wanamaker

Philadelphia, Pennsylvania

$124,000,0004+1+1+1

Various

Acquisition CMBS FL

Mission Critical Portfolio

Various

$101,530,0004+1+1

Retail

Acquisition CMBS Conduit

Soho Chicago

Chicago, Illinois

$62,650,0007

Office


Pier 1 Imports HeadquartersFort Worth, Texas

$55,000,00010

Retail

Refinance CMBS Conduit

Sahara Center - NVLas Vegas, Nevada

$37,000,00010

Self-Storage


Delk Road Self StorageMarietta, GA

$12,512,50010

Office


14550 Avion Parkway

Chantilly, Virginia

$10,400,00010

REAL ESTATE & HOSPITALITY AMERICASNatixis is a full-service commercial real estate lender engaged in originating, purchasing and securitizing commercial mortgage loans through its Americas platform.

real estate loans securitized since 1999

$50.9 billion loans originated since 1999(1)

$12.2 billion of portfolio lending since 2009(1)

$25.5 billion of fixed- and floating-rate commer(1)cial

Our Group:

Key Numbers

• Provides quick feedback, competitive pricing and efficient closing through our seamlesslyintegrated in-house teams (originations, capital markets, loan structuring, advisory and assetmanagement).

• Offers fixed- and floating-rate loans through our CMBS program and floating-rate loans throughour portfolio lending program, backed by the second-largest banking group in France.

• Has the capability to season fixed-rate loans in our portfolio for up to one and a half years.• Has the flexibility to underwrite the full capital stack including B-note and mezzanine positions.• Sources its loans through direct relationships and through a diverse list of mortgage bankers.• Consists of 50 front office members supported by significant infrastructure.• Serves clients with a dedicated and experienced team (senior executives average more than

10 years working at Natixis and over 20 years of experience in commercial real estate).

(1) Based on data as of 12/6/2018 (2) YTD through 9/30/2018

$3.1 billion securitized in 2018(1)

$2.5 billion originated for portfolio lending in 2018(1)

NO.9 in total CMBS, NO.8 in SASB, and NO.1 in Floating-rate Multiborrower CMBS(2)

Contact Us

The services and capabilities described herein are provided by Natixis and its affiliates and references to “Natixis” in this presentation are meant to refer generally to the foregoing group of companies. This presentation has been prepared solely for informational and illustrative purposes, and is not to be used or considered as an offer to sell, or a solicitation of an offer to buy, any security, or make any loan or the provision of an offer to provide investment services subject to the terms and conditions described in this document or any other terms and conditions. Any security, loan, funding or more generally any transaction that may be described in this document is subject to Natixis’ internal approvals. The terms and characteristics of any transaction shall be as set forth in the final legal transaction documents. Natixis makes no representation as to the accuracy or completeness of the information contained herein, all of which is subject to change without notice. No action, omission, recommendation or comment made by Natixis or its directors, officers, employees, or agents in relation to the transactions described herein shall constitute, or be deemed to constitute, a representation, warranty or undertaking of or by Natixis. Nothing in this presentation constitutes investment, legal, accounting or tax advice, or a representation that any investment or strategy is suitable or appropriate to your individual circumstances. Each individual or entity who receives this document or participates in a related transaction shall be responsible for obtaining all such advice as it thinks appropriate on such matters and shall be responsible for making its own independent investigation and appraisal of the risks, benefits and suitability of the transactions as to itself. Any discussions of past performance should not be taken as an indication of future results, and no representation, expressed or implied, is made regarding future events or results. This presentation is confidential and any redistribution of this presentation, including any portion hereof, is prohibited without the permission of Natixis. Natixis, May 2018 © Shutterstock.com

1251 Avenue of the AmericasNew York, NY, 10020Tel. : +1 (212) 891-6100www.cib.natixis.com

Andrew LevineHead of Real Estate & Hospitality Portfolio Lending , [email protected] 212-891-5702

Michael MagnerHead of Real Estate & Hospitality US Originations, [email protected]

Gavin ElwesSenior Originator, [email protected] 212-891-5718

Andrew FlorioDistribution, [email protected]

Salvadore FuschettoDistribution, Vice [email protected]

William ChenSenior Originator, [email protected] 212-891-5734

Marc ZulianiSenior Originator, [email protected] 212-891-5712

Brian ClarkSenior Originator, [email protected] 212-891-5749

Hui ChenDistribution, [email protected]

Greg MurphyHead of Real Estate & Hospitality Americas, MD [email protected] 212-891-5700

David SchwartzSenior Originator, MD [email protected] 212-891-1917

Bruce HabigSenior Originator, MD [email protected] 212-891-5728

Jared ZimmelSenior Originator, Director [email protected] 212-891-5810

David PerlmanDistribution, [email protected]

Management

Origination Distribution

Jerry TangGlobal Head of Real Estate & Hospitality Distribution, ED [email protected] 212-891-5752

Anushree MallickReal Estate & Hospitality Business Manager, [email protected]

Emmanuel VerhooselGlobal Head of Real Estate & Hospitality, MD [email protected] +33 01 58 55 56 87

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