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Fort Lauderdale Multifamily Construction Pipeline 2Q20 Source: Yardi Matrix 2000 Ft Lease-Up Under Construction Planned Prospective LEGEND ID PROPERTY UNITS 3 Society Las Olas 639 6 Alluvion Las Olas 380 8 4 West Las Olas 260 9 Motif 385 Total Lease Up 1,664 10 Modera Flagler Village 350 14 501 Seventeen 243 17 Quantum at Flagler Village 337 18 The SIX13 142 20 The Main Las Olas 341 23 Las Olas Walk 456 Total Under Construction 1,869 3 6 8 9 10 14 17 18 20 23

Fort auderdae Mutiami otructio ieie 220 · 22 Morea 601 North Federal Hwy Pompano Beach FL 33062 Under Construction 327 Pompano Beach / Lighthouse Point 06/25/2019 07/31/2020 23 Las

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Page 1: Fort auderdae Mutiami otructio ieie 220 · 22 Morea 601 North Federal Hwy Pompano Beach FL 33062 Under Construction 327 Pompano Beach / Lighthouse Point 06/25/2019 07/31/2020 23 Las

Fort Lauderdale Multifamily Construction Pipeline 2Q20

Source: Yardi Matrix2000 Ft

Lease-Up Under Construction Planned ProspectiveLEGEND

ID PROPERTY UNITS

3 Society Las Olas 639

6 Alluvion Las Olas 380

8 4 West Las Olas 260

9 Motif 385

Total Lease Up 1,664

10 Modera Flagler Village 350

14 501 Seventeen 243

17 Quantum at Flagler Village 337

18 The SIX13 142

20 The Main Las Olas 341

23 Las Olas Walk 456

Total Under Construction 1,869

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Page 2: Fort auderdae Mutiami otructio ieie 220 · 22 Morea 601 North Federal Hwy Pompano Beach FL 33062 Under Construction 327 Pompano Beach / Lighthouse Point 06/25/2019 07/31/2020 23 Las

Fort Lauderdale Multifamily Construction Pipeline 2Q20

Source: Yardi Matrix2 mi

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Lease-Up Under Construction Planned ProspectiveLEGEND

ID PROPERTY UNITS

1 Tamarac Village 401

2 Catalina at Miramar 300

4 Envy 214

5 Modera Cornerstone 330

7 Avery Dania Pointe 264

Total Lease Up 1,509

11 Stirling Alya 197

12 600 Pine Island Road 271

13 Bella Vista 317

15 Suede Downtown Davie 201

16 Eurus at Miramar 280

19 The Rise Plantation Walk 700

21 H3 Hollywood 247

22 Morea 327

24 Amli Midtown Plantation 286

Total Under Construction 2,826

Page 3: Fort auderdae Mutiami otructio ieie 220 · 22 Morea 601 North Federal Hwy Pompano Beach FL 33062 Under Construction 327 Pompano Beach / Lighthouse Point 06/25/2019 07/31/2020 23 Las

Fort Lauderdale Multifamily Construction Pipeline

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ID PROPERTY NAME ADDRESS CITY STATE ZIP STATUS UNITS SUBMARKET PERMITDATE

FORECASTED COMPLETION DATE

START OFRENT-UP

1 Tamarac Village 9141 West Commercial Blvd Tamarac FL 33351 Lease-Up 401 Tamarac 09/30/2019 12/31/2021 02/27/2020

2 Catalina at Miramar 4260 SW 117 Lane Miramar FL 33025 Lease-Up 300 Pembroke Pines 10/29/2019 05/31/2021 05/31/2020

3 Society Las Olas 301 SW 1st Avenue Fort Lauderdale FL 33301 Lease-Up 639 Ft Lauderdale - West 12/27/2017 01/31/2021 05/27/2020

4 Envy 475 SE 1st Street Pompano Beach FL 33060 Lease-Up 214 Ft Lauderdale - East 12/12/2017 10/31/2020 02/03/2020

5 Modera Cornerstone 1244 South Pine Island Road Plantation FL 33324 Lease-Up 330 Plantation 07/02/2018 07/31/2020 05/01/2020

6 Alluvion Las Olas 215 North New River Drive East Fort Lauderdale FL 33301 Lease-Up 380 Ft Lauderdale - West 05/01/2018 07/31/2020 04/29/2020

7 Avery Dania Pointe 181 South Bryan Road Dania Beach FL 33004 Lease-Up 264 Hollywood 10/01/2018 07/31/2020 03/17/2020

8 4 West Las Olas 4 West Las Olas Blvd Fort Lauderdale FL 33301 Lease-Up 260 Ft Lauderdale - West 04/02/2018 07/31/2020 02/18/2020

9 Motif 500 North Andrews Avenue Fort Lauderdale FL 33301 Lease-Up 385 Ft Lauderdale - West 04/02/2018 07/31/2020 12/18/2019

Total Lease-Up 3,173

10 Modera Flagler Village 555 NE 8th Street Fort Lauderdale FL 33304 Under Construction 350 Ft Lauderdale - West 01/27/2020 09/30/2021

11 Stirling Alya 2851 Stirling Road Fort Lauderdale FL 33312 Under Construction 197 Hollywood 02/10/2020 07/31/2021

12 600 Pine Island Road 600 North Pine Island Road Plantation FL 33324 Under Construction 271 Plantation 09/01/2019 05/31/2021

13 Bella Vista 3559 NW 29th Court Lauderdale Lakes FL 33311 Under Construction 317 Lauderdale Lakes 09/30/2019 03/31/2021

14 501 Seventeen 501 SE 17th Street Fort Lauderdale FL 33316 Under Construction 243 Ft Lauderdale - East 02/04/2019 01/31/2021

15 Suede Downtown Davie 3890 SW 64th Avenue Davie FL 33314 Under Construction 201 Davie 06/30/2019 01/31/2021

16 Eurus at Miramar 4970 SW 124th Avenue Miramar FL 33027 Under Construction 280 Pembroke Pines 10/29/2019 01/31/2021

17 Quantum at Flagler Village 701 North Federal Hwy Ft. Lauderdale FL 33304 Under Construction 337 Ft Lauderdale - West 04/30/2019 12/31/2020

18 The SIX13 613 NW 3rd Avenue Fort Lauderdale FL 33311 Under Construction 142 Ft Lauderdale - West 06/25/2019 12/31/2020

19 The Rise Plantation Walk 321 North University Drive Plantation FL 33324 Under Construction 700 Plantation 05/01/2019 10/31/2020

20 The Main Las Olas 212 SE 2nd Avenue Fort Lauderdale FL 33004 Under Construction 341 Ft Lauderdale - West 10/26/2018 09/30/2020

21 H3 Hollywood 2165 Van Buren Street Miami FL 33020 Under Construction 247 Hollywood 09/01/2015 08/31/2020

22 Morea 601 North Federal Hwy Pompano Beach FL 33062 Under Construction 327 Pompano Beach / Lighthouse Point 06/25/2019 07/31/2020

23 Las Olas Walk 106 South Federal Hwy Fort Lauderdale FL 33394 Under Construction 456 Ft Lauderdale - East 12/03/2018 07/31/2020

24 Amli Midtown Plantation 8021 Peters Road Plantation FL 33324 Under Construction 286 Plantation 05/15/2017 07/31/2020

Total Under Construction 4,695

TOTAL FORT LAUDERDALE 7,868

© 2020 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 independently verified its accuracy. Date of survey: July 2020