Capital Markets Investment Properties Multifamily 184 UNITS ORLANDO, FL

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1 Capital Markets Investment Properties Multifamily 184 UNITS ORLANDO, FL

2 Publix Supermarket DISTANCE TO: 1.0 miles Winter Park Full Sail University University of Central Florida Central Florida Research Park Quadrangle Office Park SR 408 (East/West Expressway) 1.4 miles Baldwin Park S.R. 50 E. Colonial Drive Valencia College Downtown Orlando 3.5 miles 4.2 miles Florida Hospital S.R. 50 E. Colonial Drive Orlando Fashion Square Mall Valencia College East Campus Waterford Lakes Town Center Dr. Phillips Performing Arts Center Orlando International Airport Interstate miles 4.7 miles 4.7 miles DOWNTOWN ORLANDO CBD Orlando Executive Airport S. Semoran Blvd Florida Hospital East Orlando Alafaya Trl Amway Center Orlando Health Florida Mall Mall at Millenia IKEA Full Sail University Trader Joe's Lake Nona Medical City Florida's Turnpike University of Central Florida 4.8 miles 5.5 miles 6.4 miles 7.1 miles 7.1 miles 7.2 miles 7.2 miles 8.0 miles 8.2 miles 8.8 miles S. Orange Ave Orlando Regional Medical Center (ORMC) Mall at Millenia Millenia Plaza IKEA Orlando Universal Orlando Resort Lake Conway S. Conway Rd S. Semoran Blvd Lee Vista Promenade Curry Ford Rd Publix Distribution Center Cadence Crossing is Well-Located Near Orlando s Largest Demand Drivers, Shopping, & Entertainment Destinations. Quadrangle Office Park Central Florida Research Park 8.8 miles 8.9 miles Sand Lake Rd Restaurant Row Universal Orlando Resort 9.4 miles Narcoossee Rd SeaWorld Orlando I-Drive 360 Attractions Orange Co. Convention Center Walt Disney World 10.0 miles 10.4 miles 10.9 miles 15.2 miles Sea World Orange Co. Convention Center I-Drive 360 Attractions Walt Disney World Resort Orlando International Airport Lake Nona Town Center Medical City

3 CADENCE CROSSING Orlando, Florida OFFERING OVERVIEW CBRE is pleased to present Cadence Crossing, a 184-unit investment offering in a prime location just minutes from two of Orlando s biggest demand drivers, the Downtown Central Business District and Orlando International Airport. This all twostory community has a desirable low-density feel and excellent drive-by visibility of nearly 34,000 cars daily. Cadence Crossing is available well below replacement cost, and allows investors to enjoy tremendous returns through modest value add upgrades and further market improvement going forward. Tenants are drawn to Cadence Crossing by its convenient location and excellent amenity package. SR 436, SR 528, the 417, and the East/West Expressway (408) are all within three miles, and allow tenants to easily access major employers around downtown Orlando, the airport, UCF, and Lake Nona within 10 minutes. This infill community also boasts the best amenities in the competitive set with a large resort-style pool and sun deck; a recently upgraded clubhouse; a tennis court; picnic areas; playground; fitness center; and business center. Recent interior upgrades also have the property primed for strong rent gains, and new ownership is likely to see additional premiums by adding: washer/dryers, 2-inch blinds, black or stainless steel appliances, and faux-wood flooring throughout on ground floor units. Orlando remains one of the nation s top employment and population growth markets, and owners of well-located assets like Cadence Crossing are poised to benefit from this trend. According to CBRE-Econometric Advisors, Orlando is ranked #1 in the U.S. for employment gains through 2020, boasting an average growth rate of more than twice the national average. And population in the Orlando metro is forecast to increase by 7.8% over the same period (#2 nationally according to the US Census Bureau), which is forecast to help average apartment rents to grow from $1,092 to $1,223. Property Name: Property Address: County: Price: Year Built: OFFERING SUMMARY Cadence Crossing 6203 Curry Ford Road Orlando, FL Orange Number of Units: 184 Net Rentable SF: 166,952 Property Website To be determined by market 1973 ($3MM Renovation) INVESTMENT HIGHLIGHTS hhadditional value-add upside in rents through the installation of washers/dryers, black or stainless appliances, 2 faux wood blinds, and wood-look flooring throughout first floor units hhstrategically located near major employment including Florida Hospital East, Orlando International Airport, the Orlando CBD, Orlando Regional Medical Center, and Lee Vista Office Park hhcapital remains extremely bullish on Orlando: 71% of investors rate Orlando as a buy market the highest percentage among the top 20 multifamily investment markets in the country hhexcellent amenity set consisting of a gorgeous resort-style swimming pool with paver sun deck & contemporary patio furniture, elegant clubhouse, renovated fitness center, business center, tennis court, and children s play area hhorlando is Booming Axiometrics data forecast rent growth in the Orlando market to be 6.6% in 2015 and 4.2% in 2016, making it one of the strongest rent growth markets in the nation

4 COMMUNITY & UNIT AMENITIES Cadence Crossing provides a selection of amenities that will attract a variety of residents ranging from young professionals to families. COMMUNITY AMENITIES: UNIT MIX UNIT TYPE UNITS SIZE MKT RENT PER SF 1 BR/1 BA $942 $ BR/1 BA $1,090 $ BR/1 BA $1,111 $ BR/2 BA $1,193 $ BR/2 BA 24 1,295 $1,413 $1.09 Total/Avg.* $1,091 $1.20 Sparkling Swimming Pool w/ Pavered Decking Outdoor Grilling Stations Updated Fitness Center Business Center Children s Playground Tennis Court Picnic Areas Beautifully-maintained Landscaping Pet Accomodating Easy Access from Main Roadway Paved Parking Areas All Two-Story Residential Buildings UNIT AMENITIES: Direct Walk-Up Access to Each Unit Three Unique Floorplans Newly Remodeled Kitchens/Baths* Granite-Look Countertops* Updated White Cabinetry* Upgraded Appliances* Built-in Microwaves New Flooring* Baseboard Moldings Washer/Dryer Connections* Spacious Walk-in Closets Private Patio/Balcony Contemporary Light Fixtures Ceiling Fan Sliding Glass Doors Plush Carpeting *in select units

5 CADENCE Crossing Orlando, Florida INVESTMENT CONTACTS: :: SHELTON GRANADE Vice Chairman :: LUKE WICKHAM Senior Vice President :: JUSTIN BASQUILL Director of Operations DEBT & STRUCTURED FINANCE: :: PROPERTY ADDRESS 6203 Curry Ford Road Orlando, FL :: DIRECTIONS From north 436: Turn left on Curry Ford Road. The property is located approximately 1/2 mile on the left. From Orlando International Airport: Go north on Semoran Boulevard (SR 436), turn right on Curry Ford Road, after 1/2 mile, turn left into the property entrance. :: ROBERT KADOORI Finance Specialist :: AMANDA VALENTI Finance Specialist CBRE, Inc. Licensed Real Estate Broker 2016 CBRE, Inc. The information contained in this document has been obtained from sources believed reliable. While CBRE, Inc. does not doubt its accuracy, CBRE, Inc. has not verified it and makes no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. The value of this transaction to you depends on tax and other factors which should be evaluated by your tax, financial and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs. CBRE and the CBRE logo are service marks of CBRE, Inc. and/or its affiliated or related companies in the United States and other countries. All other marks displayed on this document are the property of their respective owners.