Sponsor Details

1. What is the Sponsors current Situation (ie... Why is he looking to liquidate): That
was apart of his exit strategy
1. What is the sponsor looking to accomplish through liquidation/disposition of the
asset? (retire, transition to another asset, enhance balane sheet, capital raise):
Transition to another asset
2. Private or Institutional Owner? Private
3. Single Purpose or Multi Purpose Entity? (Specify type) Single Purpose
4. Are there any other partners, member, owners or decision makers who must
approve sale? No

Asset Characteristics & Details

Property Address:
Property Description: (ex.17 Buildings with Clubhouse/Leasing Building)
Property Style: (garden, low rise, high rise, town homes)
Property Class; (A,B,C,D) C
Opportunity Type ( Core Stable, Value Add, Opportunistic) Value Added
# Total Number of Units: Can be answered via Financial Package that was sent
#Occupied Apartments: Can be answered via Financial Package that was sent
#Vacant Apartments: Can be answered via Financial Package that was sent
#Model Apartments: Can be answered via Financial Package that was sent
OCCUPANCY RATE: Can be answered via Financial Package that was sent
Unit Mix & rent Schedule:
Units Type
Actual Rents

Can be answered via Financial Package that was sent

#Unit
Unit SF
Total SF
Annual Mkt
Annual Rent

Gross Rentable Square Feet :

Market Rent

Land Area:
# Parking Spaces
Year Constructed:
Property Condition:
Year Last Renovated/ What renovations Took Place
Metering (Individual or Sub):
Foundation: (ex....Concrete Slab)
Construction (Exterior) : (ex....Stucco and Concrete siding over mesh wire)
Roof: (ex...Hip and Gable roof with asphalt shingles)
Windows: Double Hung single pane glass
Flooring: Mix carpet, vinyl, laminate and ceramic tile Flooring
Electrical: (ex...Incandescent Lighting with 60 to 120 amp power service)
Plumbing: (ex....Copper supply pipes to street and Cast iron waste pipes to sanitary)
Heating and Air: ( ex...Gas heat with Electric Air)
Washer Dryer hook Ups (Yes or No)
Laundry Facility (Yes/No)

Annual Income

Can be answered via Financial Package that was sent

Gross Potential Income

Income from Rents

Additional Income (Amount & Type): (RUBS, Parking, Pet Fee, Sub Meter, Laundry
Fee, Trash, Equipment Rentals, Tower Leases)

Concessions:

Current In place NOI (stabilized or Unstable)

Annual Expenses Can be answered via Financial Package that was sent

Advertising & Marketing

General Administrative Expenses

Payroll & Burden

Tax

Insurance

Water

Electric

Trash

Management

Maintenance & Repairs (Interior & Exterior)

Common Area Maintenance

Replacement Reserve

Current In Place Loan Information & (DSC): Property was purchased all Cash

Existing Loan Type: ( HUD Market Rate or Affordable, Conventional Freddie/Fannie,

Transitional Bridge, Private Lien holder)

Existing Loan Amt:

Annual Loan Payment:

Interest Rate
Fixed or Floating
Amortization
Maturity Date
DSCR
Mezz Debt (Yes or No)
Loan Status: (Current or Delinquent, Past Maturity)

Cash flow Can be answered via Financial Package that was sent
Current Net Cash flow

Stabilized NOI