KANSAS CITY E Otructio Rooed Mutifami Roect 421 - Berkadia

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KANSAS CITY New Construction & Proposed Multifamily ProjectsIDPROPERTY134678911131417UrbaneThe Bonavia at Veterans ParkArrelloElevate 114AzureThe Peak at SonomaTrinity WoodsAVIA Apartments at College BlvdThe Edison at BridlespurThe Villas at WatersideHerrington Park Townhomes Phase IVTotal Lease-Up20212425262832NorthPointNorth 94th Street & State AvenueWestbrooke GreenBrookside CommonsSorrento PlaceThe Residences at GalleriaSonoma PlazaTotal Under 65666768697880Forest Ridge Villas135th StreetCenter 301New LongviewParagon StarSummit at West Pryor Phase IIChapman Ridge Townhomes8680 State Line RoadBrookridge DevelopmentVista RidgeBellmont Promenade ResidentialCreekside RidgeMeadowlarkShawnee Mission ParkwayThe Trails at ShawneeBonner Crossing1879 Village West PkwyJAMP Overland ParkRegents Park VillasAnderson PointeArcher VillasParkview Townhomes Phase II175th StreetMentumLibertad GrandviewTudor HeightsTotal ,5306032227434321050032233816757356175815715859The GladeMarlborough Lofts & TownhomesCameron's Court of LeawoodStag's FieldRidgeview EstatesBlack Twig Lane & NWLowenstein DriveDouglas StationDowntown Market PlazaRedevelopmentThe Grove at Lee's SummitThe VanguardWilshire Hills Phase IIINorth Village ViewsAspen Lodge Phase IILa Quinta Inn & SuitesRedevelopmentMetPromontory Phase II162141591658148100384835035850City Center ResidencesCollege RidgePenrose LaneRetreat at the PrairieWest 89th Street & Woodsonia RoadWoodland Forest5700 King StreetWest 83rd Street & Monticello RoadWestStreet & Monticello169 Road 83rdSeniors170 District on Westgate171 Village 83173454817917519164 77674913156 15716019368140172 Village West173 AspiriaCreek Golf Club175 DeerRedevelopment176 The Residences at Galleria Phase II177 Springhill Phase II178 West 143rd Street & Metcalf Avenue179 West 135th Street & Quivira Road180 The Falls181 Kansas Highway 7 and Spruce Street182 Madison Falls183 Olathe Commons191 City Harvest193 Sunset AcresTotal Prospective6,583Lease-UpUnder 62751005142003006010,3222 4168 449692672033243182085042430062641564Q21Source: Yardi Matrix

KANSAS CITY New Construction & Proposed Multifamily ProjectsIDPROPERTY2Tallgrass176Total Lease-Up176UNITS70 Residences at Waverly Plaza14471412Tallgrass Phases II & III72 KTen35073 Union at the Loop248Total Planned1,154147 Greystone West Tract A and B155 Jamestown Square101224161 East Village Lenexa City Center60163 Renner 87 Flats213174 Aspiria Phase II275184 Prairiebrooke190147185 187192161188163186155731747260185 5020 Bob Billings Pkwy100186 Hub on Campus235187 Jayhawk Club100188 Overland Drive & Wakarusa Drive145190 1900 Vine Street54192 Logan Villas50Total Prospective4Q21218471701,6175 miLEGENDLease-UpPlannedProspectiveSource: Yardi Matrix

KANSAS CITY New Construction & Proposed Multifamily ProjectsIDPROPERTY10Midtown Plaza10712Converge KC213Total Lease-Up3204Q21UNITS901228218The Alps Renovation8231Armour Blvd51Total Under Construction38101334138 Levy at Martini Corner16340 The MadisonBuilding Redevelopment41 MGEPhase IIShopping Center42 MidtownRedevelopment43 Museum Tower23874 Troost Avenue8975 Troost Avenue5181Mission Bowl RedevelopmentTotal Planned90 Cambridge Crest10099 3260 Main Street82100 5050 Oak Street100101 Aines Dairy Lofts52102 Belmont99103 The Dylan at 4711 Belleview255104 Katz on Main192105 KC Outlook108106 Linwood Lofts150107 Manor Square / Mill Street220108 McGee and Locust Streets220109 Midtown Crossing138110 Mill Street & Westport RoadGuard Armory111 NationalRedevelopment112 New Yorker Redevelopment215113 63rd 136425181116 Prospect Avenue100117 Linwood Blvd & Troost Avenue150118 Offices at Overlook140119 Troost Village51122 2700 Troost Avenue52149 2913 West 39th AvenueCorporate Center150 FairwayRedevelopment311101,280132106111107 10416182 3009 Troost Avenue741493006010218428444 Bodhi Kansas City991171121213475101119100250151 Martway90152 The Rocks250153 Woodside Village South243Total Prospective4,231LEGENDLease-Up2000ftUnder ConstructionPlannedProspectiveSource: Yardi Matrix

KANSAS CITY New Construction & Proposed Multifamily ProjectsIDPROPERTY5CORE16Boulevard LoftsTotal Lease-Up19Three Light22 Oxbow29 The Midland Lofts30 KCACTotal Under Construction33Ashland at River MarketUNITS353502882081172228353521236 Fashionbilt Lofts21237 Four Light25039 Tracks 215193529476 Chouteau Courts Redevelopment77 Sam Rodgers PlaceTotal Planned83 303 Broadway Blvd7625086 Alle21387 Bell Haus28388 Berkley Parkway Parcel 12B25089 Briarcliff2569122692 East 10th Street & Holmes Street18093 East 3rd Street & Grand Blvd21050696 RM Housing Partners10097 View II at WB25198 The Yards Phase II240120 1900 Vine Street Phase II2008397125 NewView Place69126 2300 Swift Street294127 One 863435270Total Prospective3318994885260124 Legacy at Parade Park189 Bridgeside Lofts166395 Main & Truman123 Hardesty351,47885 Admiral Lofts121 1900 Vine Street Phase III226223394 Espero12713484 5th & MainDefeo12693228Healthy Campus8940334 Broadway BlvdBurlington r ConstructionPlannedProspectiveSource: Yardi Matrix

KANSAS CITY New Construction & Proposed Multifamily Projects4Q21194135138137136IDPROPERTY15Arbor Mist Townhomes Phase II80Total Lease-Up80The Bonavia at Withers Farm1912327 2620 NE 43rd StreetTotal Under Construction79 Platte Purchase SeniorTotal Planned130 Kinsley Forest Development131 Pleasant Valley RoadUNITS1312313060602715800210133 Barry Road Affordable Housing90134 Bella Vista at the National346135 Corporate Circle108136 Tiffany Greens418137 Tiffany Greens Phase V341138 Tiffany Greens Phase VI414Total Prospective13213425770194 The Reserves at Grove Terrace1337966132 Windrose Townhomes139 Twin Creeks Village1391,362504,2092 miLEGENDLease-UpUnder ConstructionPlannedProspectiveSource: Yardi Matrix

KANSAS CITY New Construction & Proposed Multifamily ProjectsPERMITDATEFORECASTEDCOMPLETIONDATESTART OFRENT-UPPark n Kansas City01/20/202109/30/202209/01/2021Lee's SummitMO64063Lease-Up276Lee's Summit05/01/202108/31/202211/01/202119700 East 39th Place SouthIndependenceMO64057Lease-Up280Independence - East01/08/202107/31/202208/01/2021The Peak at Sonoma8900 Maurer /202210/01/20219Trinity Woods20301 East 45th StreetIndependenceMO64015Lease-Up240Independence - West07/22/202002/28/202205/20/202110Midtown Plaza3420 Broadway BlvdKansas CityMO64111Lease-Up107Kansas City - South04/01/201902/28/202201/22/202111AVIA Apartments at College Blvd11400 College BlvdOverland ParkKS66211Lease-Up108Overland Park - Southwest04/01/202101/31/202208/01/202112Converge KC3600 Broadway BlvdKansas CityMO64111Lease-Up213Kansas City - South06/30/202001/31/202207/01/202113The Edison at Bridlespur350 West 104th TerraceKansas CityMO64114Lease-Up160Calico Farms / Bridlespur05/01/202001/31/202203/01/202114The Villas at Waterside11501 West 81st 1/202203/01/202115Arbor Mist Townhomes Phase II4780 North Corrington AvenueKansas CityMO64117Lease-Up80Kansas City - North01/16/201801/31/202210/20/202016Boulevard Lofts800 Washington BlvdKansas CityKS66101Lease-Up50Kansas City - n Park Townhomes Phase IV6522 Noble /31/202206/20/2018Kansas City - South02/01/202110/31/2023PROPERTY NAMEADDRESSCITYSTATEZIPSTATUSUNITS1Urbane8601 Drury AvenueKansas CityMO64132Lease-Up2632Tallgrass16498 Evergreen StreetGardnerKS66030Lease-Up3The Bonavia at Veterans ParkWest 62nd Street & Pflumm RoadShawneeKS662164Arrello110 South Chestnut StreetOlatheKS5CORE701 Berkley PkwyKansas City6Elevate 114114 SE Douglas Street7Azure8Total Lease-UpSUBMARKET3,50918The Alps Renovation20 West 36th StreetKansas CityMO64111Under Construction8219Three Light1477 Main StreetKansas CityMO64105Under Construction288Downtown Kansas City10/01/202109/30/202320NorthPointState Highway Y & Turner RoadBeltonMO64012Under Construction322Belton / Raymore05/15/202104/30/202321North 94th Street & State Avenue9400 State AvenueKansas CityKS66132Under Construction274Victory Hills10/01/202103/31/202322OxbowEast 18th Avenue & Swift StreetNorth Kansas CityMO64116Under Construction208Downtown Kansas City09/01/202101/31/202323The Bonavia at Withers FarmSouth Liberty Pkwy & South Withers RoadLibertyMO64068Under ooke GreenWest 75th Street & Quivira RoadShawneeKS66203Under ide Commons6505 Rockhill RoadKansas CityMO64131Under Construction210Kansas City - South04/01/202112/31/202226Sorrento PlaceWest 127th Street & Metcalf AvenueOverland ParkKS66213Under Construction500Overland Park - Southeast05/01/202012/31/2022272620 NE 43rd Street2620 NE 43rd StreetKansas CityMO64117Under Construction66Kansas City - North09/01/202112/31/202228The Residences at Galleria11450 Outlook StreetOverland ParkKS66211Under Construction322Overland Park - Southeast01/14/202111/30/202229The Midland Lofts1221 Baltimore AvenueKansas CityMO64105Under Construction117Downtown Kansas City08/01/202110/31/202230KCAC106 West 11th StreetKansas CityMO64105Under Construction222Downtown Kansas City08/31/202009/30/202231Armour Blvd1108 East Armour BlvdKansas CityMO64109Under Construction51Kansas City - Southeast05/01/202105/31/202232Sonoma PlazaSEC West 87th Street & Interstate 435LenexaKS66219Under Construction338Lenexa09/16/202005/31/2022Total Under Construction3,53433Ashland at River Market100 East 3rd StreetKansas CityMO64106Planned93Downtown Kansas City34Broadway Blvd1923 Broadway BlvdKansas CityMO64108Planned228Downtown Kansas CitySource: Yardi MatrixID

KANSAS CITY New Construction & Proposed Multifamily ProjectsPROPERTY NAMEADDRESSCITYSTATEZIPSTATUSUNITS35Burlington Station505 East 18th Avenue36Fashionbilt Lofts37SUBMARKETKansas CityMO64116Planned212Downtown Kansas City423 West 8th StreetKansas CityMO64105Planned212Downtown Kansas CityFour LightNEC Truman Road & Walnut StreetKansas CityMO64106Planned250Downtown Kansas City38Levy at Martini Corner506 East 31st StreetKansas CityMO64108Planned163Downtown Kansas City39Tracks 215101 West 22nd StreetKansas CityMO64108Planned193Downtown Kansas City40The MadisonMadison Avenue & Roanoke PkwyKansas CityMO64112Planned238Kansas City - South41MGE Building Redevelopment Phase IIWest 34th Terrace & Washington StreetKansas CityMO64111Planned134Kansas City - South42Midtown Shopping CenterRedevelopment3700 Broadway BlvdKansas CityMO64111Planned84Kansas City - South43Museum Tower4501 Main StreetKansas CityMO64111Planned300Kansas City - South44Bodhi Kansas City3820 East 55th StreetKansas CityMO64130Planned60Park Farms45Forest Ridge VillasCharlotte Street & Holmes RoadKansas CityMO64145Planned195Calico Farms / Bridlespur46135th StreetEast 135th Street & Holmes RoadKansas CityMO64145Planned200Grandview47Center 301Markey Pkwy & Towne Center DriveBeltonMO64012Planned306Belton / Raymore48New LongviewSW Kessler Drive & SW Longview RoadLee's SummitMO64081Planned172Lee's Summit49Paragon StarNEC Interstate 470 & NW View High DriveLee's SummitMO64081Planned390Lee's Summit50Summit at West Pryor Phase II940 NW Pryor RoadLee's SummitMO64081Planned184Lee's Summit51Chapman Ridge TownhomesNW Chapman Drive & NW R D Mize RoadBlue SpringsMO64015Planned88Independence - East52Healthy CampusNorth 5th Street & Minnesota AvenueKansas CityKS66101Planned94Kansas City - Northwest538680 State Line Road8680 State Line RoadKansas CityMO64114Planned188Overland Park - North54Brookridge Development8223 West 103rd StreetOverland ParkKS66212Planned317Overland Park - North55Vista RidgeSEC Prairie Star Pkwy & Ridgeview RoadLenexaKS66219Planned324Lenexa56Bellmont Promenade ResidentialWest 65th Street & Maurer RoadShawneeKS66217Planned148Shawnee57Creekside Ridge6300 Silverheel StreetShawnee MissionKS66226Planned146Shawnee58Meadowlark7405 Hedge Lane TerraceShawneeKS66227Planned144Shawnee59Shawnee Mission ParkwayNieman Road & Shawnee Mission PkwyShawneeKS66203Planned148Shawnee60The Trails at Shawnee23900 Clearcreek PkwyShawneeKS66226Planned444Shawnee61Bonner CrossingSpeedway Blvd & State AvenueBonner SpringsKS66012Planned969Edwardsville / Bonner Springs621879 Village West Pkwy1879 Village West PkwyKansas CityKS66111Planned267Victory Hills63JAMP Overland Park159th Street & Metcalf AvenueOverland ParkKS66085Planned203Overland Park - Southeast64Regents Park VillasWest 135th Street & Kenneth RoadLeawoodKS66224Planned324Overland Park - Southeast65Anderson PointeSouth Blackbob Road & Indian Creek Pkwy OlatheKS66062Planned318Olathe66Archer Villas275 South Parker StreetOlatheKS66061Planned208Olathe67Parkview Townhomes Phase II22071 West 124th TerraceOlatheKS66061Planned50Olathe68175th StreetWest 175th Street & Interstate 35GardnerKS66030Planned424Gardner69MentumSouth Clare Road & South Lakeshore DriveOlatheKS66061Planned300Gardner70Residences at Waverly PlazaWest Santa Fe Street & Waverly ASTEDCOMPLETIONDATESTART OFRENT-UPSource: Yardi MatrixID

KANSAS CITY New Construction & Proposed Multifamily ProjectsPROPERTY NAMEADDRESSCITYSTATEZIPSTATUSUNITS71Tallgrass Phases II & IIINorth Moonlight Road & University Drive72KTen73GardnerKS66030Planned412Gardner3500 Iowa StreetLawrenceKS66046Planned350LawrenceUnion at the Loop3250 Michigan StreetLawrenceKS66046Planned248Lawrence74Troost AvenueLinwood Blvd & Troost AvenueKansas CityMO64109Planned89Kansas City - South75Troost AvenueEast 31st Street & Troost AvenueKansas CityMO64109Planned51Kansas City - South76Chouteau Courts Redevelopment1220 Independence AvenueKansas CityMO64106Planned134Kansas City - East77Sam Rodgers Place2100 East 9th StreetKansas CityMO64124Planned62Kansas City - East78Libertad GrandviewHolly Tree Lane & Lemon Tree LaneGrandviewMO64030Planned62Grandview79Platte Purchase Senior1801 NW Barry RoadKansas CityMO64154Planned60Kansas City Northwest / Riverside80Tudor Heights25 NE Tudor RoadLee's SummitMO64086Planned64Lee's Summit81Mission Bowl Redevelopment5399 Martway StreetMissionKS66205Planned161MissionTotal START OFRENT-UP10,555823009 Troost Avenue3009 Troost AvenueKansas CityMO64109Prospective132Downtown Kansas City83303 Broadway Blvd303 Broadway BlvdKansas CityMO64105Prospective76Downtown Kansas City845th & MainWest 5th Street & Main StreetKansas CityMO64105Prospective233Downtown Kansas City85Admiral Lofts500 Admiral BlvdKansas CityMO64106Prospective250Downtown Kansas City86Alle1650 Broadway BlvdKansas CityMO64108Prospective213Downtown Kansas City87Bell Haus500 East 8th StreetKansas CityMO64106Prospective283Downtown Kansas City88Berkley Parkway Parcel 12BEast Front Street & Heart of America BridgeKansas CityMO64120Prospective250Downtown Kansas City89BriarcliffNorth Hickory Road & NW Tullison RoadKansas CityMO64116Prospective256Downtown Kansas City90Cambridge CrestWest 26th Terrace & Bi State DriveKansas CityKS66103Prospective100Downtown Kansas City91DefeoEast 3rd Street & Oak StreetKansas CityMO64106Prospective226Downtown Kansas City92East 10th Street & Holmes StreetEast 10th Street & Holmes StreetKansas CityMO64106Prospective180Downtown Kansas City93East 3rd Street & Grand BlvdEast 3rd Street & Grand BlvdKansas CityMO64106Prospective210Downtown Kansas City94Espero1331 East Front StreetKansas CityMO64120Prospective63Downtown Kansas City95Main & TrumanMain Street & Truman RoadKansas CityMO64108Prospective506Downtown Kansas City96RM Housing PartnersWest 5th Street & Main StreetKansas CityMO64105Prospective100Downtown Kansas City97View II at WB933 Mulberry StreetKansas CityMO64101Prospective251Downtown Kansas City98The Yards Phase II1660 Genessee StreetKansas CityMO64102Prospective240Downtown Kansas City993260 Main Street3260 Main StreetKansas CityMO64111Prospective82Kansas City - South1005050 Oak Street5050 Oak StreetKansas CityKS64112Prospective100Kansas City - South101Aines Dairy Lofts3130 Gillham RoadKansas CityMO64109Prospective52Kansas City - South102Belmont911 Linwood BlvdKansas CityMO64109Prospective99Kansas City - South103The Dylan at 4711 Belleview4711 Belleview AvenueKansas CityMO64112Prospective255Kansas City - South104Katz on Main3948 Main StreetKansas CityMO64111Prospective192Kansas City - South105KC Outlook4504 Troost AvenueKansas CityMO64110Prospective108Kansas City - SouthSource: Yardi MatrixID

KANSAS CITY New Construction & Proposed Multifamily ProjectsPROPERTY NAMEADDRESSCITYSTATEZIPSTATUSUNITS106Linwood Lofts3200 Troost Avenue107Manor Square / Mill Street108SUBMARKETKansas CityMO64109Prospective150Kansas City - SouthPennsylvania Avenue & Westport Road BlvdKansas CityMO64111Prospective220Kansas City - SouthMcGee and Locust Streets315 East 39th StreetKansas CityMO64111Prospective220Kansas City - South109Midtown CrossingWest 44th Street & Belleview AvenueKansas CityMO64111Prospective138Kansas City - South110Mill Street & Westport RoadMill Street & Westport RoadKansas CityMO64111Prospective215Kansas City - South111National Guard Armory Redevelopment3620 Main StreetKansas CityMO64111Prospective136Kansas City - South112New Yorker Redevelopment3521 Baltimore AvenueKansas CityMO64111Prospective425Kansas City - South11363rd Street1734 East 63rd StreetKansas CityMO64110Prospective181Park Farms114The Glade5200 East 87th StreetKansas CityMO64132Prospective846Park Farms115Marlborough Lofts & Townhomes1300 East 75th StreetKansas CityMO64131Prospective55Park Farms116Prospect AvenueEast 63rd Street & Prospect AvenueKansas CityMO64130Prospective100Park Farms117Linwood Blvd & Troost AvenueLinwood Blvd & Troost AvenueKansas CityMO64109Prospective150Kansas City - Southeast118Offices at OverlookBlue Pkwy & Swope PkwyKansas CityMO64130Prospective140Kansas City - Southeast119Troost Village3133 Troost AvenueKansas CityMO64109Prospective51Kansas City - Southeast1201900 Vine Street Phase II1900 Vine StreetKansas CityMO64108Prospective200Kansas City - East1211900 Vine Street Phase III1900 Vine StreetKansas CityMO64108Prospective60Kansas City - East1222700 Troost Avenue2700 Troost AvenueKansas CityMO64109Prospective52Kansas City - East123Hardesty5401 Independence AvenueKansas CityMO64123Prospective352Kansas City - East124Legacy at Parade ParkBrooklyn Avenue & East Truman RoadKansas CityMO64127Prospective70Kansas City - East125NewView Place414 Garfield AvenueKansas CityMO64124Prospective69Kansas City - East1262300 Swift Street2300 Swift StreetKansas CityMO64116Prospective294Kansas City - North127One NorthArmour Road & Ozark StreetNorth KansasCityMO64116Prospective272Kansas City - North128Cameron's Court of LeawoodWest 135th Street & State Line RoadKansas CityMO64145Prospective662Grandview129Stag's Field1215 Bowlin RoadLee's SummitMO64064Prospective372Raytown130Kinsley Forest DevelopmentSWC NW Englewood Road & US Route 169Kansas CityMO64118Prospective800Gladstone131Pleasant Valley RoadNorth Brighton Avenue & NE PleasantValley RoadKansas CityMO64119Prospective210Gladstone132Windrose TownhomesNorth Oak Trfy & State Highway 152Kansas CityMO64155Prospective70Gladstone133Barry Road Affordable HousingNW Barry Road & North Platte Purchase DriveKansas CityMO64151Prospective90Kansas City Northwest / Riverside134Bella Vista at the NationalLake Crest Lane & State Route 45ParkvilleMO64152Prospective346Kansas City Northwest / Riverside135Corporate Circle7310 NW Tiffany Springs PkwyKansas CityMO64153Prospective108Kansas City Northwest / Riverside136Tiffany GreensGreen Hills Road & NW Old Tiffany Springs RoadKansas CityMO64154Prospective418Kansas City Northwest / Riverside137Tiffany Greens Phase VGreen Hills Road & NW Old Tiffany Springs RoadKansas CityMO64154Prospective341Kansas City Northwest / Riverside138Tiffany Greens Phase VIGreen Hills Road & NW Old Tiffany Springs RoadKansas CityMO64154Prospective414Kansas City Northwest / Riverside139Twin Creeks Village9400 North Platte Purchase DriveKansas CityMO64155Prospective1,362Kansas City Northwest / Riverside140Ridgeview EstatesWest Lucy Webb Road & South Silver Top LaneRaymoreMI64083Prospective60Belton / RaymorePERMITDATEFORECASTEDCOMPLETIONDATESTART OFRENT-UPSource: Yardi MatrixID

KANSAS CITY New Construction & Proposed Multifamily ProjectsPROPERTY k Twig Lane & NW Lowenstein DriveBlack Twig Lane & NW Lowenstein DriveLee's SummitMO64081Prospective470Lee's Summit142Douglas Station1141 NW SloanLees SummitMO64086Prospective148Lee's Summit143Downtown Market Plaza Redevelopment SE 3rd Street & SE Green StreetLee's SummitMO64063Prospective100Lee's Summit144The Grove at Lee's SummitSE Bailey Road & State Route 291Lee's SummitMO64081Prospective384Lee's Summit145The VanguardNW Summit Woods Crossing & NW Pryor RoadLee's SummitMO64081Prospective83Lee's Summit146Wilshire Hills Phase III3251 NE Manhattan DriveLee's SummitMO64064Prospective50Lee's Summit147Greystone West Tract A and BSouth Buckner Tarsney Road & NEGreystone BlvdGrain ValleyMO64029Prospective101Blue Springs148North Village Views3400 US - 40Blue SpringsMO64015Prospective358Blue Springs1492913 West 39th Avenue2913 West 39th AvenueKansas CityKS66103Prospective100Kansas City - West150Fairway Corporate CenterRedevelopment4210 Shawnee Mission 045 Martway StreetMissionKS66202Prospective90Mission152The Rocks4800 Roe PkwyRoeland ParkKS66205Prospective250Mission153Woodside Village South2101 West 47th PlaceWestwoodKS66205Prospective243Mission154Aspen Lodge Phase II8100 Perry StreetOverland ParkKS66204Prospective50Overland Park - North155Jamestown SquareWest 103rd Street & State Line RoadKansas CityKS66206Prospective224Overland Park - North156La Quinta Inn & Suites Redevelopment10610 Marty StreetOverland ParkKS66212Prospective143Overland Park - North157MetWest 107th Street & Metcalf LaneOverland ParkKS66210Prospective220Overland Park - North158Promontory Phase II8961 Metcalf AvenueOverland ParkKS66212Prospective130Overland Park - North159City Center ResidencesWest 87th Street Pkwy & Renner BlvdLenexaKS66219Prospective212Lenexa160College RidgeCollege Blvd & South Ridgeview RoadOlatheKS66061Prospective337Lenexa161East Village Lenexa City CenterWest 87th Street Pkwy & Renner BlvdLenexaKS66219Prospective60Lenexa162Penrose Lane8601 Penrose LaneLenexaKS66219Prospective61Lenexa163Renner 87 FlatsWest 87th Street Pkwy & Renner BlvdLenexaKS66219Prospective213Lenexa164Retreat at the PrairieInterstate 10 & Ridgeview RoadLenexaKS66220Prospective373Lenexa165West 89th Street & Woodsonia RoadWest 89th Street & Woodsonia RoadLenexaKS66227Prospective634Lenexa166Woodland Forest10425 South Woodland RoadOlatheKS66062Prospective357Lenexa1675700 King Street5700 King StreetShawneeKS66203Prospective189Shawnee168West 83rd Street & Monticello RoadWest 83rd Street & Monticello Road AvenueShawneeKS66227Prospective206Shawnee169West 83rd Street & Monticello Road SeniorsWest 83rd Street & Monticello RoadShawneeKS66227Prospective206Shawnee170District on Westgate11801 State AvenueBonner SpringsKS66012Prospective250Edwardsville / Bonner Springs171Village South325 North 110th e / Bonner Springs172Village West1921 North 118th StreetKansas CityKS66109Prospective323Victory Hills173AspiriaWest 119th Street & Nall AvenueOverland ParkKS66209Prospective325Overland Park - Southeast174Aspiria Phase IIWest 119th Street & Nall Avenue, OverlandPark, KS 66204Overland ParkKS66209Prospective275Overland Park - Southeast175Deer Creek Golf Club Redevelopment7000 West 133rd StreetLeawoodKS66209Prospective225Overland Park - SoutheastPERMITDATEFORECASTEDCOMPLETIONDATESTART OFRENT-UPSource: Yardi MatrixID

KANSAS CITY New Construction & Proposed Multifamily ProjectsIDPROPERTY NAMEADDRESSCITYSTATEZIPSTATUSUNITS176The Residences at Galleria Phase II11450 Outlook Street177Springhill Phase II178Overland ParkKS66211Prospective226Overland Park - Southeast8755 West 121st TerraceOverland ParkKS66213Prospective100Overland Park - SoutheastWest 143rd Street & Metcalf AvenueWest 143rd Street & Metcalf AvenueOverland ParkKS66223Prospective230Overland Park - Southeast179West 135th Street & Quivira RoadWest 135th Street & Quivira Road StreetOverland ParkKS66221Prospective236Overland Park - Southwest180The FallsBass Pro Drive & Renner BlvdOlatheKS66061Prospective275Olathe181Kansas Highway 7 and Spruce StreetNorth Parker Street & West Spruce StreetOlatheKS66061Prospective100Olathe182Madison FallsWest 167th Street & US Highway 169OlatheKS66062Prospective514Olathe183Olathe CommonsWest 119th Street & South Greenwood rookeWest 174th Street & Kill Creek RoadGardnerKS66030Prospective60Gardner1855020 Bob Billings Pkwy5020 Bob Billings PkwyLawrenceKS66049Prospective100Lawrence186Hub on CampusEast 11th Street & Massachusetts awk Club1610 Birdie d Drive & Wakarusa DriveOverland Drive & Wakarusa eside LoftsBerkley Pkwy & North Lydia AvenueKansas CityMO64120Prospective57Downtown Kansas City1901900 Vine Street1900 Vine StreetKansas CityMO64108Prospective54Kansas City - East191City Harvest507 Main StreetGrandviewMO64030Prospective300192Logan Villas9540 East 75th StreetRaytownMO64138Prospective50Raytown193Sunset Acres511 Johnston PkwyRaymoreMO64083Prospective60Belton / Raymore194The Reserves at Grove TerraceNorth Grove Street & Lawrence StreetKearneyMO64060Prospective50Smithville / Excelsior SpringsTotal ProspectivePERMITDATEFORECASTEDCOMPLETIONDATESTART OFRENT-UPGrandview25,09042,688Source: Yardi MatrixTOTAL KANSAS CITYSUBMARKET 2021 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. The information and details contained within this report have been obtained from a third-party and believed to be accurate; however, Berkadia has not independentlyverified its accuracy. Date of survey: December 2021

11 AVIA Apartments at College Blvd 11400 College Blvd Overland Park KS 66211 Lease-Up 108 Overland Park - Southwest 04/01/2021 01/31/2022 08/01/2021 12 Converge KC 3600 Broadway Blvd Kansas City MO 64111 Lease-Up 213 Kansas City - South 06/30/2020 01/31/2022 07/01/2021