Cushman & Wakefield is pleased to introduce the opportunity to purchase La Reserve on Forty-Fifth - a 301-unit garden-style apartment community built in 1972 with the potential for improved operations and a remaining value-add component with operating expense efficiencies. The property sits on 16.57 acres in what is considered to be an evolving and regentrifying submarket of the Phoenix metro area for renters and commercial establishments alike.

La Reserve on Forty-Fifth offers a good unit mix of one-bedroom (11%), two-bedroom (43%) and three-bedroom (46%) units with an average unit size of 908 square feet. Contact us today to schedule your tour of La Reserve on Forty-Fifth.

Cushman & Wakefield, as exclusive advisor, is pleased to present the incredible opportunity to acquire Las Olas Walk (the “Property”) – a 456-unit, 8-story, class-AAA midrise located in the heart of Downtown Fort Lauderdale. Las Olas Walk was delivered in July 2020 and has proven to be among the top performing luxury apartment buildings in the market through its impressive lease-up absorption of almost 40 leases per month.

Las Olas Walk was designed and built with the most discerning residents in mind. The property features an unparalleled combination of top-of-the-market unit finishes including top floor units with large, garden terraces overlooking the Fort Lauderdale skyline. In addition, Las Olas Walk features a resort-inspired amenity deck which includes Fort Lauderdale’s largest pool deck. Residents are able to bask in the sun around the expansive pool deck or rest in the warm glow of a fire pit at night.

Life along Las Olas Boulevard puts residents of Las Olas Walk at the center of excitement within dozens of restaurants, boutiques and specialty food shops, including a brand-new Publix Greenwise only steps away. The property’s irreplaceable location within Downtown Fort Lauderdale has earned Las Olas Walk an exceptional 92 Walk Score.

Cushman & Wakefield is pleased to present the opportunity to purchase Links at Legacy Ridge, a 232-unit apartment community in Westminster, Colorado. The property is being offered without an asking price and is subject to the assumption of the existing loan. Built in 1999, the Links at Legacy Ridge is a well-designed apartment community with expansive floor plans and an upscale amenity package. Located in metro Denver’s northwest region, residents enjoy a quiet suburban lifestyle out of the busy city-centers with easy access to several parks, golf courses and extensive open space. Just three miles east of Highway 36 and equidistant from both Denver and Boulder, the property is strategically situated in close proximity to several major employment centers and a myriad of dining, entertainment and retail options. Premier Location The Links at Legacy Ridge, with its dramatic mountain views, is a beautifully landscaped community located next to Valley View Park and adjacent to the premier Legacy Ridge Golf Course. The property sits in the city of Westminster amongst 2,850 acres of open space, 55 parks, 4 golf courses and 17 miles of hiking and biking trails. Proximity to Major Employment Centers Links at Legacy Ridge is situated in the northwest region of metro Denver along the Highway 36 corridor, equidistant to major employment centers in both Denver and Boulder. This region is home to the Interlocken Advanced Technology Environment, one of Denver’s premier business parks with over six million SF of office space. The Highway 36 corridor consistently attracts some of the nation’s top aerospace, technology and renewable energy companies. ConocoPhilips, Vestas, Ascent Solar, and General Dynamics are a few of the companies expanding in the area. In fact, ConocoPhillips is developing their world headquarters in Louisville, located just west of the property, which plans to employ over 7,000 workers, making the energy giant the fourth-largest private employer in Denver. Value-Add Opportunity The ownership is currently renovating a sampling of units at an average cost of $4,950/unit and offering them at a $100 premium. Renovations include resurfaced countertops, new appliances, flooring and upgraded light fixtures. Reflecting strengthening multi-family fundamentals in the metro area, newer and recently renovated properties are achieving rental rates 15% greater than those currently achieved at the Links at Legacy Ridge. Discount to Replacement Cost The cost for new construction in the Westminster submarket is in excess of $160,000 per unit. Links at Legacy Ridge has an irreplaceable location in the Legacy Ridge development that cannot be recreated today in other suburban markets.

Cushman & Wakefield is pleased to present the opportunity to purchase Madera Court, an attractive, garden-style asset built in 1982 and comprised of 561 units located in the bustling Metrocenter area of Phoenix, Arizona. The area boasts nearly 14 million square feet of commercial space featuring a diverse mix of retail, high-tech, office, and educational employers. The impending redevelopment of nearby Metrocenter Mall and the recent opening of the METRO Light Rail Northwest Extension along 19th Avenue are both expected to have a significant postive impact on rent growth in the submarket.

Contact us today to schedule a tour of Madera Court.

Maple 500 is a 34-unit apartment community with an upside to rent. The property has been fully upgraded and modernized in each unit with new appliances, granite countertops, walk-in closets, stackable washer and dryers, and refinished hardwood floors. The property is historically fully occupied due to its convenient location to the Oklahoma State University campus. Maple 500 is located within a block of the campus and is in close proximity to Boone Pickens Stadium, Gallagher-Iba Arena and Campus Corner.

Cushman & Wakefield's Mid-Atlantic Multifamily Advisory Group is pleased to present Marina Shores – an institutional level apartment complex located in Virginia Beach, one of the fastest-growing and most desirable submarkets within the Hamptons Roads region. Hampton Roads, and Virginia Beach in particular, has experienced a sustained period of economic, population, and employment growth borne out of significant government and government-related investment in the region. The property itself is a singular chance to invest in real estate that exhibits extremely high barriers to entry and portrays a resort-style quality of life for residents. Through renovations, Marina Shores has seen proven rental upside in the range of $340 for its Classic, un-renovated units. Moreover, the site is unique in that it has the capacity to increase density with an additional ~49 units. The combination of a near unobtainable locale, the prospect of renovation potential, and the ability to add density makes Marina Shores an investment opportunity with a clear path to capture significant upside.

All offers are due by Thursday, April 4, 2013 at 12:00 PM (PDT). If you have not already done so, we would urge you to schedule a property tour. PICOR Commercial Real Estate Services and Cushman & Wakefield are pleased to present the opportunity to purchase Mayfair Manor Apartments (140 units) and Shadow Pines Apartments (100 units) both located in Tucson, Arizona. The properties may be purchased together or separately. MAYFAIR MANOR Price: $5,500,000 Price/Unit: $39,285 Price/SF: $51.29 Cap Rate: 7.0% SHADOW PINES Price: $3,725,000 Price/Unit: $37,250 Price/SF: $51.13 Cap Rate: 6.8%

Cushman & Wakefield’s Mid-Atlantic Multifamily Advisory Group, as sole representative of the Owner, is pleased to offer Meadow View Townhomes ("The Property"), a large scale value-add workforce housing community in Newport News, VA, one of the Virginia Beach MSA’s best locales. Newport News is experiencing a prolonged economic growth cycle that is derived from increasing levels of federal spending. The Department of Defense budget is set through 2025, creating economic certainty from increased spending while Newport News Shipbuilding is currently carrying a $46.5B backlog with two new contracts worth $25B generating 10,000+ new jobs in the community. This stable economic activity will filter into Class B and C apartment fundamentals in Newport News as the submarket’s rent growth strongly correlates with DoD spending in the region. The submarket’s robust rent growth of 6.2% YoY plus the unemployment rate declining close to pre-pandemic levels demonstrates the strength of the dynamic Hampton roads economy. This organic growth will be sustained moving forward due to economic certainty in the region and enhanced by numerous value-add strategies that are creating certain and significant NOI growth in Year 1. These include interior renovations proving out strong rent increases, recently installed water submeters lowering utility costs and a newly implemented bulk cable/internet prgoram which is gaining significant traction at the property. Significant recent capital expenditures at the Property also limit risk associated with deferred maintenance and allow new ownership to focus on revenue generating items.

Please complete CA and return to Don Murphy or Jordan Murphy to receive the full Offering Memorandum.