3 Diamond Development, LLCSpecializing in Affordable Housing

Building Confidence

A home is so much more than just a residence.

People want homes that meet their physical,

emotional, social and financial requirements – no

matter what their age or socioeconomic status.

3 Diamond Development (3DD) understands the

spectrum of capabilities needed to construct and

manage affordable housing that people are proud

to call their homes. Our expertise and dedication

translate into properties that are well-developed,

well-constructed and well managed.

“At 3DD, our projects are personal because we believe everyone deserves the opportunity to live in a safe and healthy environment they can make into a home.”

Ben KleinPrincipal, 3 Diamond Development

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Partners in Excellence

To build the highest quality affordable housing, you need a team of professionals

working collaboratively from the earliest project inception to its completion. 3DD

partners with leading local providers to finance, design and construct properties that

contribute value to the communities we serve.

Expertise

Our executives bring seasoned experience in senior housing, property development and tax credit financing to each project. Our team has worked on the full spectrum of affordable and specialized housing. This includes assisted living communities, rehabilitation centers, skilled nursing facilities, as well as drug rehabilitation properties. We have the experience to manage every aspect of development

effectively and efficiently.

Financial Stability

3DD was founded in 2008 during one of the most difficult times for financing property developments. Since that time, we hold ourselves to the highest standards of financial management and stability. We know the ins and outs of financing tax credit developments. Most importantly, we maintain open communications with our financing partners and investors throughout each project.

Collaboration

3DD respects the talent our partners bring to each project. We are receptive to new and innovative ideas. We also encourage our partners to use their most advanced thinking and problem solving for solutions that keep our projects on a path toward excellence. We want our partners to be as proud of their contributions to each project as 3DD is.

What does 3DD offer our partners?

“The 3DD team encourages our design, construction and finance partners to apply their talents and help us create affordable housing properties that symbolize our collective excellence.”

Ben PorushDirector of Operations, 3 Diamond Development

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Diamond Senior Apartments of Iowa CityIowa City, Iowa

Diamond Senior Apartments of Oswego Phase 1Oswego, Illinois

New Construction Completed: 2012 Number of Units: 60

Features wellness center, fitness room, beauty shop, and gardens with surrounding forested areas.

Diamond Senior Apartments at Wingate DriveDubuque, Iowa

New Construction Completed: 2011 Number of Units: 61

Features walking trails, gardens, grill spaces, fitness center, computer learning center, beauty shop and barber shop.

Diamond Senior Apartments of PrincetonPrinceton, Illinois

New Construction Completed: 2016 Number of Units: 40

Features disability access, fitness center, walking paths, clubhouse and private entrances.

New Construction Expected completion Winter 2018 Number of Units: 40

Features computer/library room, fitness room, and community room.

Oswego Senior Apartments IIOswego, Illinois

New Construction Completed: 2015 Number of Units: 63

Features wellness center, fitness room, beauty shop, and gardens with surrounding forested areas.

Wrightwood Senior Apartments Chicago, Illinois

New Construction Completed: 2010Number of Units: 85

Features workout room, beauty salon, storage units, computer lab and easy access to bus and train lines.

Our Affordable Housing PropertiesIn addition to senior housing development, 3DD manages and operates our properties.

“3 Diamond Development’s properties are the product of hours of hard work, by many dedicated individuals, agencies, and businesses. Truly a dream turned into a magnificent reality when it comes to affordable housing for our senior community.”

David PorushPrincipal & General Counsel, 3 Diamond Development

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A Place To Call Home

3DD operates and manages our properties to

ensure that our residents live in an environment

that supports their health and well-being. Each

property offers one- and two-bedroom units,

living options that cater to our senior community.

Unlike other affordable housing, our developments

incorporate amenities that traditionally have only

been available in market rate housing. Typical

amenities include:

• Fitness centers

• Community rooms

• Computer labs

• Walking paths

• Gardens

• Beauty salons and barber shops

Additionally, we work with community social

service agencies to make support services

easily accessible for our residents, such as

transportation, physical therapy, housekeeping

and other support services. Additionally, every

property has on-site property management and

maintenance staff to deal with daily operations

and resident requests.

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“We’re very grateful we have a lovely, secure place to be. We’ve met delightful people and they bring laughter to our hearts.”

Gene and Mary Ann G.Residents, Diamond Senior Apartments

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Ben KleinPrincipal

Ben PorushDirector of Operations

David S. PorushPrincipal & General Counsel

Ben started 3 Diamond Development with two partners in 2008 in order to develop and build affordable housing subsidized tax credit apartment properties. A successful serial entrepreneur, Ben has extensive experience in senior healthcare, property development and tax credit financing. He is CEO for Platinum Healthcare, a company that manages long-term care facilities in the Midwest and MTS Consulting, a company that provides municipal sales tax consulting to Fortune 500 and large middle market companies.

Ben earned his Master’s in Business Administration from Loyola University in Chicago, Illinois in 1994. He is a member of the Board of Directors for the Illinois Council of Long Term Care and actively lobbies for the long-term care industry on state and local issues. He is also a board member for the Missouri Healthcare Association, as well as other community and charitable organizations.

Ben lives in New Jersey with his wife and two daughters.

Ben joined 3 Diamond Development in January 2009 to serve as Director of Operations. Prior to joining 3DD, Ben spent over a decade working in the diamond jewelry industry. He was involved in multiple facets of the industry, ranging from sales to developing relationships with manufacturers from all over the world. In his current role with 3DD, Ben uses these skills to build strong relationships with municipal officials and other industry professionals. He has been instrumental in building the 3DD brand to reflect an organization recognized for its commitment to serving each community with dignity and pride. Ben’s responsibilities include extensive involvement in site selection for new developments, as well as building and amenity design. He also serves as the key liaison between 3DD, its investors and lenders.

Ben is married, has four children and is active in many charitable organizations, primarily in the areas of education and children with illnesses and disabilities.

David provides extensive tax and legal expertise to 3 Diamond Development. He began his career working for Price Waterhouse, LLP as an associate in their state and local tax practice. In this role, he was responsible for legislative tracking and analysis related to state and local tax matters. David then transferred to the public accounting firm of KPMG, LLP as a senior tax specialist, where he was primarily involved in sales and use tax planning and negotiated incentives. Projects he worked on included enterprise zones, tax increment finance arrangements, property tax abatements and sales tax incentives. In 2002, David co-founded MTS Consulting, LLC, specializing in tax credits and incentives with a focus in the healthcare industry.

David received his Juris Doctorate degree from Chicago-Kent College of Law in Chicago, Illinois. He is licensed to practice in the State of Illinois. David currently serves as President of Arie Crown Day School and as a member of the Board of Governors of Touro College. He also serves on boards for other charitable organizations. David lives in Chicago with his wife, two sons and three daughters.

The Minds Behind the Company

Where Quality Meets with Affordability

3DD builds affordable housing without sacrificing quality – in design, in finance,

in construction – and, most importantly, in living. We seek partners who exhibit an

enthusiasm and commitment to rigorous standards, in order to build developments

that deliver the highest quality living environments for our residents. We bring deep

experience, financial stability and professionalism to these collaborations. 3DD

cares about the people we serve.

If you are interested in working with a partner who values exceptionalism, call us at

847.677.7206 or visit our website at 3DiamondDevelopment.com.

“All the comforts of a family and a loving, beautiful atmosphere.”

Resident, Wrightwood Senior Apartments

3 Diamond Development, LLC

6677 N. Lincoln Avenue, Suite 400Lincolnwood, Illinois 60712-3634

847.677.7206

3Diamond Development.com