Real Estate Equity

Building wealth through strategic property investment

Acquisition

Strategic property acquisition at below-market rates

Acquisition Price Sq Ft (2022-2026): $111

vs $159 market

Replacement Value Premium: 35%

5 Year Ave Property Appreciation: 42%

vs 35% market

Optimization

Maximizing property value through targeted improvements

Post Renovation Ave Rental Increase: 48%

5 Year Annual Ave Rent Increase: 4%

vs 2.5% BV/MKE, 1.1% National

5 Year Rent Growth: 35%

vs 24% BV/MKE, 30% National

Operation

Industry-leading operational efficiency and tenant satisfaction

5 Year Annual Vacancy Rate: 0%

vs 4.2% BV/MKE, 8.5% National

On-time Payments: 98.2%

vs 85% BV/MKE, 84.3% National

Evictions: 0.4%

vs 6% BV/MKE, 7.5% National

Performance

Exceptional financial returns and profitability

Net Operating Income Margin: 62%

Free Cash Flow: 27%

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