9
Tampa New Construction & Proposed Multifamily Projects 2Q19 a Berkshire Hathaway and Jefferies Financial Group company Source: Yardi Matrix 5 mi 46 44 37 38 119 116 117 118 111 113 73 69 72 71 86 74 70 98 99 100 105 101 104 103 102 11 21 27 Lease-Up Under Construction Planned Prospective LEGEND ID PROPERTY UNITS 11 Champion 72 Total Lease Up 72 21 Preserve at ChampionsGate 307 27 Verso 250 Total Under Construction 557 37 Mirrorton 305 38 Twin Lakes Estates Phase II 132 44 Blackwater Crossing 432 46 Spring Center 750 Total Planned 1,619 69 Hawthorne Mills 180 70 Jersey Road Workforce Housing 304 71 One College Place 310 72 Twin Lakes Estates Phase III 86 73 Varrea 700 74 Williams DRI Mixed Use 1,700 86 Festival 102 98 Preserve at Lake Ashton, The 512 99 Serenity at Lake Wales 335 100 Jacks Road & US Route 27 426 101 Posner Boulevard 302 102 Retreat at Lake Wilson 360 103 Retreat at Lake Wilson Phase II 350 104 Shoppes at Citrus Ridge 300 105 Tierra Del Sol 252 111 Spanish Lakes 140 113 Summerset Senior 86 116 Forest Oaks Boulevard 117 117 Spring Center Phase II 750 118 Trillium Blvd 160 119 Quarry Preserve 1,850 Total Prospective 9,322

Tama e otructio rooed Mutifami roect 2Q19Tama e otructio rooed Mutifami roect 2Q19 a erire ataa ad efferie iacia rou coma 2000 ft Source: Yardi Matrix 41 42 29 26 30 25 1 14 94 92

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Page 1: Tama e otructio rooed Mutifami roect 2Q19Tama e otructio rooed Mutifami roect 2Q19 a erire ataa ad efferie iacia rou coma 2000 ft Source: Yardi Matrix 41 42 29 26 30 25 1 14 94 92

Tampa New Construction & Proposed Multifamily Projects 2Q19

a Berkshire Hathaway and Jefferies Financial Group company

Source: Yardi Matrix5 mi

46

44

3738

119

116117

118

111

113

73

69

72

71

86

74

70

98 99

100

105

101 104

103

102

11

21 27

Lease-Up Under Construction Planned ProspectiveLEGEND

ID PROPERTY UNITS11 Champion 72

Total Lease Up 72

21 Preserve at ChampionsGate 307

27 Verso 250

Total Under Construction 557

37 Mirrorton 305

38 Twin Lakes Estates Phase II 132

44 Blackwater Crossing 432

46 Spring Center 750

Total Planned 1,619

69 Hawthorne Mills 180

70 Jersey Road Workforce Housing 304

71 One College Place 310

72 Twin Lakes Estates Phase III 86

73 Varrea 700

74 Williams DRI Mixed Use 1,700

86 Festival 102

98 Preserve at Lake Ashton, The 512

99 Serenity at Lake Wales 335

100 Jacks Road & US Route 27 426

101 Posner Boulevard 302

102 Retreat at Lake Wilson 360

103 Retreat at Lake Wilson Phase II 350

104 Shoppes at Citrus Ridge 300

105 Tierra Del Sol 252

111 Spanish Lakes 140

113 Summerset Senior 86

116 Forest Oaks Boulevard 117

117 Spring Center Phase II 750

118 Trillium Blvd 160

119 Quarry Preserve 1,850

Total Prospective 9,322

Page 2: Tama e otructio rooed Mutifami roect 2Q19Tama e otructio rooed Mutifami roect 2Q19 a erire ataa ad efferie iacia rou coma 2000 ft Source: Yardi Matrix 41 42 29 26 30 25 1 14 94 92

Tampa New Construction & Proposed Multifamily Projects 2Q19

a Berkshire Hathaway and Jefferies Financial Group company

Source: Yardi Matrix2 mi

45

48

43

35

39

40

36

114

115

122

97

96

59

61

64

76 75

77

12181

78

80 79

82

106

109108

112110 107

83

84

68

67 85

95

31

23

28

20

24

2

18

6

15

16

57

10

13

129

3

8

Lease-Up Under Construction Planned ProspectiveLEGEND

ID PROPERTY UNITS2 Allure at Gateway, The 280

3 Harbor at Westshore, The 192

5 Volaris Starkey Ranch 384

6 1100 Apex 134

7 Tapestry Cypress Creek 341

8 Cortona, The 300

9 Bainbridge at Westshore Marina 351

10 Standard at Tampa, The 214

12 Town Westshore 396

13 Avenue Lofts 52

15 Chesapeake Phase II 50

16 Sawgrass Creek Phase II 143

18 Palms of Pinellas 92

Total Lease Up 2,929

20 Bowery Bayside Phase II 589

23 Meres Crossing 236

24 Wildgrass 321

28 Fletcher Avenue 220

31 Main Street Landing 80

Total Under Construction 1,446

35 Pointe on Westshore, The 444

36 Novel Midtown Tampa 390

39 Linebaugh Avenue 100

40 Tapestry Town Center 287

43 West Bay Lofts 123

45 Residences at Orange Lake 85

48 Rosery, The 224

Total Planned 1,653

59 3011 West Gandy Blvd 444

61 Bayshore, The 390

64 Westshore Plaza Redevelopment 100

67 Phillips Delaney Creek 287

68 Village at Crosstown, The 123

75 MetWest International 85

76 3015 North Rocky Point 224

77 6370 North Nebraska Avenue 80

78 Kirby Street 90

79 Bowels Road Mixed-Use 500

80 Temple Terrace 290

81 University Mall Redevelopment 3,00082 Bruce B Downs Blvd & Tampa

Palms Blvd West 254

83 Haven at Hunter's Lake, The 258

84 Lemon Avenue 114

85 City Edge 100

95 Epic at Gateway Centre Phase II, The 101

96 Nouveau 214

97 One Park West 100

106 Arbours at Saddle Oaks 252

107 Cypress Town Center 241

108 Gables at Seven Oaks 88

109 Lexington Oaks Plaza 120

110 Old Cypress Creed Road 112

112 Wiregrass 68

114 Cotee River 298

115 Long Lake Ranch 264

121 NoHo Residential 230

122 Venetian Isles 723

109 Lexington Oaks Plaza 200

110 Old Cypress Creed Road 341

112 Wiregrass 249

114 Cotee River 240

115 Long Lake Ranch 100

121 NoHo Residential 218

122 Venetian Isles 86

Total Prospective 8,931

Page 3: Tama e otructio rooed Mutifami roect 2Q19Tama e otructio rooed Mutifami roect 2Q19 a erire ataa ad efferie iacia rou coma 2000 ft Source: Yardi Matrix 41 42 29 26 30 25 1 14 94 92

Tampa New Construction & Proposed Multifamily Projects 2Q19

a Berkshire Hathaway and Jefferies Financial Group company

Source: Yardi Matrix2000 ft

41

42

29

26

30

25 1

14

94

92

93

8790

89

88

91

Lease-Up Under Construction Planned ProspectiveLEGEND

ID PROPERTY UNITS1 Icon Central 368

14 Stone Lofts 126

Total Lease Up 494

25 1701 Central 243

26 Artistry 251

29 Exchange, The 132

30 Vantage Lofts, The 211

Total Under Construction 837

41 Halcyon, The 305

42 Sur Club, The 296

Total Planned 601

87 132-180 Mirror Lake Drive North 50

88 1st Street North & 5th Avenue North 300

89 3rd Street & 2nd Avenue 210

90 400 Central Avenue 325

91 5475 3rd Lane 200

92 1st Avenue South & 28th Street South 72

93 Addison Skyway Marina, The 308

94 Raytheon Site Redevelopment 50

Total Prospective 1,515

Page 4: Tama e otructio rooed Mutifami roect 2Q19Tama e otructio rooed Mutifami roect 2Q19 a erire ataa ad efferie iacia rou coma 2000 ft Source: Yardi Matrix 41 42 29 26 30 25 1 14 94 92

Tampa New Construction & Proposed Multifamily Projects 2Q19

a Berkshire Hathaway and Jefferies Financial Group company

Source: Yardi Matrix1000 ft

47

32

34

33120

66

65

54

58

52

57

5350

63

62

51

55

49

56

60

22

19

4 17

Lease-Up Under Construction Planned ProspectiveLEGEND

ID PROPERTY UNITS4 Altis Grand Central 314

17 Manor Riverwalk 400

19 Tempo at ENCORE!, The 203

Total Lease Up 917

22 815 Water Street 420

Total Under Construction 420

32 AER in the Arts District 21733 East 2nd Avenue &

North 26th Street 275

34 Water Street Tampa 481

47 Renaissance at West River Senior, The 160

Total Planned 1,133

49 220 East Madison 100

50 2305 East 3rd Avenue 100

51 602 East Cass Street 369

52 Central Avenue & East Harrison Street 400

53 Gas Worx 1,432

54 Jade at Hyde Park North 192

55 Kress Block 58

56 Lafayette Place 200

57 Marti 100

58 Modera Tampa 370

60 319 Bayshore Blvd 13062 Channelside Bay Plaza

Redevelopment 150

63 North Meridian 100

65 NoHo Square 246

66 Renaissance at West River, The 1,922

120 Boulevard at West River, The 118

121 Boulevard at West River, The 118

Total Prospective 5,987

Page 5: Tama e otructio rooed Mutifami roect 2Q19Tama e otructio rooed Mutifami roect 2Q19 a erire ataa ad efferie iacia rou coma 2000 ft Source: Yardi Matrix 41 42 29 26 30 25 1 14 94 92

Tampa New Construction and Proposed Multifamily Projects

Source: Yardi Matrix

ID PROPERTY NAME ADDRESS CITY STATE ZIP STATUS UNITS SUBMARKET PERMITDATE

FORECASTED COMPLETION DATE

START OFRENT-UP

1 Icon Central 855 Central Avenue St. Petersburg FL 33701 Lease-UP 368 Downtown St Petersburg 03/16/2018 01/31/2020 05/21/2019

2 Allure at Gateway, The 8851 US Highway 19 North Pinellas Park FL 33782 Lease-UP 280 Pinellas Park 07/25/2018 12/31/2019 06/05/2019

3 Harbor at Westshore, The 5320 South West Shore Blvd Tampa FL 33611 Lease-UP 192 Gandy/Ballast Point 03/24/2018 12/31/2019 04/05/2019

4 Altis Grand Central 504 West Grand Central Avenue Tampa FL 33606 Lease-UP 314 Downtown Tampa / Ybor City 12/05/2017 11/30/2019 05/17/2019

5 Volaris Starkey Ranch 1470 Long Spur Odessa FL 33556 Lease-UP 384 New Port Richey 07/17/2018 09/30/2019 02/27/2019

6 1100 Apex 1100 West Cleveland Street Clearwater FL 33755 Lease-UP 134 Clearwater 03/20/2018 08/31/2019 04/01/2019

7 Tapestry Cypress Creek 2300 Tapestry Park Drive Land O'Lakes FL 34639 Lease-UP 341 Land O'Lakes/Odessa 10/11/2017 08/31/2019 02/04/2019

8 Cortona, The 5145 South Dale Mabry Hwy Tampa FL 33611 Lease-UP 300 Gandy/Ballast Point 01/26/2018 08/31/2019 01/23/2019

9 Bainbridge at Westshore Marina 5350 Bridge Street Tampa FL 33611 Lease-UP 351 Gandy/Ballast Point 12/18/2017 08/31/2019 01/17/2019

10 Standard at Tampa, The 2810 University Square Drive Tampa FL 33612 Lease-UP 214 University Square 11/28/2017 08/31/2019 10/25/2018

11 Champion 1360 Davenport Blvd Davenport FL 33837 Lease-UP 72 Davenport/Haines City 03/21/2017 08/31/2019 03/30/2018

12 Town Westshore 5001 Bridge Street Tampa FL 33611 Lease-UP 396 Gandy/Ballast Point 11/20/2017 07/31/2019 02/25/2019

13 Avenue Lofts 5208 North Florida Avenue Tampa FL 33603 Lease-UP 52 Tampa Heights 01/30/2018 07/31/2019 10/24/2018

14 Stone Lofts 301 33rd Street North St. Petersburg FL 33713 Lease-UP 126 Gulfport/Lealman 10/15/2017 06/30/2019 01/28/2019

15 Chesapeake Phase II 2307 Cumberland Circle Clearwater FL 33763 Lease-UP 50 Dunedin 01/15/2018 06/30/2019 01/01/2019

16 Sawgrass Creek Phase II 8800 Lazy River Loop New Port Richey FL 34655 Lease-UP 143 New Port Richey 07/01/2017 06/30/2019 10/23/2018

17 Manor Riverwalk 202 South Parker Street Tampa FL 33606 Lease-UP 400 Downtown Tampa / Ybor City 08/23/2017 06/30/2019 10/22/2018

18 Palms of Pinellas 13171 South Belcher Road Largo FL 33773 Lease-UP 92 Largo 01/30/2018 06/30/2019 09/11/2018

19 Tempo at ENCORE!, The 1102 Ray Charles Blvd Tampa FL 33602 Lease-UP 203 Downtown Tampa / Ybor City 12/01/2014 06/30/2019 07/14/2018

Total Lease-Up 4,412

20 Bowery Bayside Phase II 6301 South West Shore Blvd Tampa FL 33616 Under Construction 589 Gandy/Ballast Point 04/19/2019 12/31/2021

21 Preserve at ChampionsGate 8414 Champions Gate Blvd Davenport FL 33896 Under Construction 307 Davenport/Haines City 10/16/2018 07/31/2021

22 815 Water Street 815 Water Street Tampa FL 33602 Under Construction 420 Hyde Park/Davis Island 03/13/2019 06/30/2021

23 Meres Crossing SEC Meres Blvd & Pinellas Avenue Tarpon Springs FL 34689 Under Construction 236 Palm Harbor/Tarpon Springs 03/11/2019 06/30/2021

24 Wildgrass 6617 Simmons Loop Riverview FL 33578 Under Construction 321 Sun City Center 02/04/2019 03/31/2021

25 1701 Central 1701 Central Avenue St. Petersburg FL 33712 Under Construction 243 Downtown St Petersburg 01/13/2019 03/31/2021

26 Artistry 1601 Central Avenue Saint Petersburg FL 33713 Under Construction 251 Downtown St Petersburg 01/13/2019 03/31/2021

27 Verso 6100 Echelon Way Davenport FL 33896 Under Construction 250 Davenport/Haines City 05/08/2019 11/30/2020

28 Fletcher Avenue 3600 East Fletcher Avenue Tampa FL 33613 Under Construction 220 University of South Florida 02/12/2019 10/31/2020

Page 6: Tama e otructio rooed Mutifami roect 2Q19Tama e otructio rooed Mutifami roect 2Q19 a erire ataa ad efferie iacia rou coma 2000 ft Source: Yardi Matrix 41 42 29 26 30 25 1 14 94 92

Tampa New Construction and Proposed Multifamily Projects

Source: Yardi Matrix

ID PROPERTY NAME ADDRESS CITY STATE ZIP STATUS UNITS SUBMARKET PERMITDATE

FORECASTED COMPLETION DATE

START OFRENT-UP

29 Exchange, The 555 Dr. Martin Luther King Jr. Street South St. Petersburg FL 33705 Under Construction 132 Downtown St Petersburg 11/10/2018 01/31/2020

30 Vantage Lofts, The 114 16th Street North St. Petersburg FL 33705 Under Construction 211 Downtown St Petersburg 06/12/2018 11/30/2019

31 Main Street Landing 5500 Main Street New Port Richey FL 34652 Under Construction 80 New Port Richey 02/21/2017 11/30/2019

Total Under Construction 3,260

32 AER in the Arts District 3rd Street South & 4th Avenue South St. Petersburg FL 33701 Planned 217 Downtown Tampa / Ybor City

33 East 2nd Avenue & North 26th Street 2409 East 2nd Avenue Tampa FL 33605 Planned 275 Downtown Tampa / Ybor City

34 Water Street Tampa 1010 Water Street Tampa FL 33602 Planned 481 Hyde Park/Davis Island

35 Pointe on Westshore, The 4950 West Prescott Street Tampa FL 33616 Planned 444 Gandy/Ballast Point

36 Novel Midtown Tampa SEC Interstate 275 & North Dale Mabry Hwy Tampa FL 33607 Planned 390 Oakford Park

37 Mirrorton Bartow Road & East Bay Street Lakeland FL 33801 Planned 305 Lakeland Highlands

38 Twin Lakes Estates Phase II 501 Hartsell Avenue Lakeland FL 33815 Planned 132 Lakeland Highlands

39 Linebaugh Avenue Bucklin Street & West Linebaugh Avenue Tampa FL 33625 Planned 100 Carrollwood Village

40 Tapestry Town Center South Gornto Lake Road & Selmon Expressway Brandon FL 33511 Planned 287 Brandon/Seffner

41 Halcyon, The 225 1st Avenue North St. Petersburg FL 33701 Planned 305 Downtown St Petersburg

42 Sur Club, The 3000 34th Street South St. Petersburg FL 33711 Planned 296 Gulfport/Lealman

43 West Bay Lofts 500 West Bay Drive Largo FL 33770 Planned 123 Belleair

44 Blackwater Crossing 8060 Osceola Polk Line Road Davenport FL 33896 Planned 432 Davenport/Haines City

45 Residences at Orange Lake 6561 Circle Blvd New Port Richey FL 34652 Planned 85 New Port Richey

46 Spring Center Chalmer Street & Landover Blvd Spring Hill FL 34608 Planned 750 Spring Hill

47 Renaissance at West River Senior, The 1129 West Main Street Tampa FL 33607 Planned 160 Tampa Heights

48 Rosery, The 1159 Clearwater-Largo Road North Largo FL 33770 Planned 224 Belleair

45 Spring Center Chalmer Street & Landover Blvd Spring Hill FL 34608 Planned 750 Spring Hill

46 Renaissance at West River Senior, The 1129 West Main Street Tampa FL 33607 Planned 160 Tampa Heights

47 Rosery 1159 Clearwater-Largo Road North Largo FL 33770 Planned 224 Belleair

Total Planned 5,006

49 220 East Madison 220 East Madison Street Tampa FL 33602 Prospective 100 Downtown Tampa / Ybor City

50 2305 East 3rd Avenue 2305 East 3rd Avenue Tampa FL 33605 Prospective 100 Downtown Tampa / Ybor City

51 602 East Cass Street 602 East Cass Street Tampa FL 33602 Prospective 369 Downtown Tampa / Ybor City

52 Central Avenue & East Harrison Street SEC Central Avenue & East Harrison Street Tampa FL 33602 Prospective 400 Downtown Tampa / Ybor City

Page 7: Tama e otructio rooed Mutifami roect 2Q19Tama e otructio rooed Mutifami roect 2Q19 a erire ataa ad efferie iacia rou coma 2000 ft Source: Yardi Matrix 41 42 29 26 30 25 1 14 94 92

Tampa New Construction and Proposed Multifamily Projects

Source: Yardi Matrix

ID PROPERTY NAME ADDRESS CITY STATE ZIP STATUS UNITS SUBMARKET PERMITDATE

FORECASTED COMPLETION DATE

START OFRENT-UP

53 Gas Worx 1400 Channelside Drive Tampa FL 33602 Prospective 1,432 Downtown Tampa / Ybor City

54 Jade at Hyde Park North West Cass Street & North Willow Avenue Tampa FL 33606 Prospective 192 Downtown Tampa / Ybor City

55 Kress Block 811 North Franklin Street Tampa FL 33602 Prospective 58 Downtown Tampa / Ybor City

56 Lafayette Place West Kennedy Blvd & North Parker Street Tampa FL 33606 Prospective 200 Downtown Tampa / Ybor City

57 Marti 1212 East 7th Avenue Tampa FL 33605 Prospective 100 Downtown Tampa / Ybor City

58 Modera Tampa 160 West Tyler Street Tampa FL 33602 Prospective 370 Downtown Tampa / Ybor City

59 3011 West Gandy Blvd 3011 West Gandy Blvd Tampa FL 33611 Prospective 80 Hyde Park/Davis Island

60 319 Bayshore Blvd 319 Bayshore Blvd Tampa FL 33606 Prospective 130 Hyde Park/Davis Island

61 Bayshore, The 2103 Bayshore Blvd Tampa FL 33606 Prospective 90 Hyde Park/Davis Island

62 Channelside Bay Plaza Redevelopment 615 Channelside Drive Tampa FL 33602 Prospective 150 Hyde Park/Davis Island

63 North Meridian 111 North Meridian Avenue Tampa FL 33602 Prospective 100 Hyde Park/Davis Island

64 Westshore Plaza RedevelopmentNWC West Kennedy Blvd & North Westshore Blvd

Tampa FL 33609 Prospective 500 Sunset Park/Bayside

65 NoHo Square 514 North Rome Avenue Tampa FL 33604 Prospective 246 Oakford Park

66 Renaissance at West River, The 1129 West Main Street Tampa FL 33607 Prospective 1,922 Tampa Heights

67 Phillips Delaney Creek SWC South Falkenburg Road & Progress Blvd Riverview FL 33578 Prospective 290 Clair-Mel City

68 Village at Crosstown, The Suarez Road & US Route 301 Tampa FL 33619 Prospective 3,000 Clair-Mel City

69 Hawthorne Mills West Pipkin Road & West Yates Road Lakeland FL 33811 Prospective 180 Lakeland Highlands

70 Jersey Road Workforce Housing East Derby Avenue & Jersey Road Winter Haven FL 33881 Prospective 304 Lakeland Highlands

71 One College Place Reynolds Road & Winter Lake Road Lakeland FL 33812 Prospective 310 Lakeland Highlands

72 Twin Lakes Estates Phase III 501 Hartsell Avenue Lakeland FL 33815 Prospective 86 Lakeland Highlands

73 VarreaSWC East Knights Griffin Road & Charlie Taylor Road

Plant City FL 33565 Prospective 700 Lakeland Highlands

74 Williams DRI Mixed Use Interstate 4 & Polk Pkwy Lakeland FL 33801 Prospective 1,700 Lakeland Highlands

75 MetWest International NEC West Boy Scout Blvd & North Lois Avenue Tampa FL 33607 Prospective 254 Garver City

76 3015 North Rocky Point 3015 North Rocky Point Drive East Tampa FL 33607 Prospective 258 Rocky Creek

77 6370 North Nebraska Avenue 6370 North Nebraska Avenue Tampa FL 33604 Prospective 114 Del Rio/College Hill

78 Kirby Street North 50th Street & East Kirby Street Tampa FL 33617 Prospective 100 Del Rio/College Hill

79 Bowels Road Mixed-Use Bowles Road & Harney Road Tampa FL 33637 Prospective 101 Harney

80 Temple Terrace NEC North 56th Street & Bullard Pkwy Temple Terrace FL 33617 Prospective 214 Temple Terrace

Page 8: Tama e otructio rooed Mutifami roect 2Q19Tama e otructio rooed Mutifami roect 2Q19 a erire ataa ad efferie iacia rou coma 2000 ft Source: Yardi Matrix 41 42 29 26 30 25 1 14 94 92

Tampa New Construction and Proposed Multifamily Projects

Source: Yardi Matrix

ID PROPERTY NAME ADDRESS CITY STATE ZIP STATUS UNITS SUBMARKET PERMITDATE

FORECASTED COMPLETION DATE

START OFRENT-UP

81 University Mall Redevelopment 2200 East Fowler Avenue Tampa FL 33612 Prospective 100 University Square

82Bruce B Downs Blvd & Tampa Palms Blvd West

Bruce B Downs Blvd & Tampa Palms Blvd West Tampa FL 33647 Prospective 252 Tampa Palms/Pebble Creek

83 Haven at Hunter's Lake, The Bruce B Downs Blvd & Hunters Lake Drive Tampa FL 33647 Prospective 241 Tampa Palms/Pebble Creek

84 Lemon Avenue 3818 Lemon Avenue Seffner FL 33584 Prospective 88 Brandon/Seffner

85 City Edge Robert Tolle Drive & Valhalla Pond Drive Riverview FL 33578 Prospective 120 Riverview/Valrico

86 Festival Agricola Road & West McLeod Street Bartow FL 33830 Prospective 102 Bartow

87 132-180 Mirror Lake Drive North 132 Mirror Lake Drive North St. Petersburg FL 33701 Prospective 50 Downtown St Petersburg

88 1st Street North & 5th Avenue North 1st Street North & 5th Avenue North St. Petersburg FL 33701 Prospective 300 Downtown St Petersburg

89 3rd Street & 2nd Avenue 211 3rd Street South St. Petersburg FL 33701 Prospective 210 Downtown St Petersburg

90 400 Central Avenue 400 Central Avenue Saint Petersburg FL 33701 Prospective 325 Downtown St Petersburg

91 5475 3rd Lane 5475 3rd Lane North St. Petersburg FL 33703 Prospective 200 Upper St Petersburg

92 1st Avenue South & 28th Street South 1st Avenue South & 28th Street South St. Petersburg FL 33712 Prospective 72 Gulfport/Lealman

93 Addison Skyway Marina, The 3951 34th Street South Saint Petersburg FL 33711 Prospective 308 St Pete Beach/Pasdena

94 Raytheon Site Redevelopment 1501 72nd Street North St. Petersburg FL 33710 Prospective 50 St Pete Beach/Pasdena

95 Epic at Gateway Centre Phase II, The 3115 Grand Avenue Pinellas Park FL 33782 Prospective 112 Pinellas Park

96 Nouveau 10491 Gandy Blvd North St. Petersburg FL 33702 Prospective 68 Mainlands

97 One Park West SEC Carillon Pkwy & Ulmerton Road St. Petersburg FL 33716 Prospective 298 Mainlands

98 Preserve at Lake Ashton, The Lake Ashton Blvd & Thompson Nursery Road Lake Wales FL 33859 Prospective 512 Lake Wales

99 Serenity at Lake Wales 820 Chalet Suzanne Road Lake Wales FL 33859 Prospective 335 Lake Wales

100 Jacks Road & US Route 27 Jacks Road & US Route 27 Davenport FL 33897 Prospective 426 Davenport/Haines City

101 Posner Boulevard Plymouth Drive & Posner Blvd Davenport FL 33837 Prospective 302 Davenport/Haines City

102 Retreat at Lake Wilson Old Lake Wilson Road & Osceola Polk Line Road Davenport FL 33896 Prospective 360 Davenport/Haines City

103 Retreat at Lake Wilson Phase II Old Lake Wilson Road & Osceola Polk Line Road Davenport FL 33896 Prospective 350 Davenport/Haines City

104 Shoppes at Citrus Ridge Citrus Ridge Road & US Highway 27 Davenport FL 33837 Prospective 300 Davenport/Haines City

105 Tierra Del Sol Bella Citta Blvd & US Route 27 Davenport FL 33897 Prospective 252 Davenport/Haines City

106 Arbours at Saddle Oaks Country Club Road & Old Pasco Road Wesley Chapel FL 33544 Prospective 264 Land O'Lakes/Odessa

107 Cypress Town Center SWC Interstate 75 & State Road 56 Wesley Chapel FL 33543 Prospective 230 Land O'Lakes/Odessa

108 Gables at Seven Oaks Eagleston Blvd & Stockton Drive Wesley Chapel FL 33544 Prospective 723 Land O'Lakes/Odessa

Page 9: Tama e otructio rooed Mutifami roect 2Q19Tama e otructio rooed Mutifami roect 2Q19 a erire ataa ad efferie iacia rou coma 2000 ft Source: Yardi Matrix 41 42 29 26 30 25 1 14 94 92

Tampa New Construction and Proposed Multifamily Projects

Source: Yardi Matrix© 2019 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

ID PROPERTY NAME ADDRESS CITY STATE ZIP STATUS UNITS SUBMARKET PERMITDATE

FORECASTED COMPLETION DATE

START OFRENT-UP

109 Lexington Oaks Plaza Lexington Oaks Blvd & Wesley Chapel Blvd Wesley Chapel FL 33544 Prospective 200 Land O'Lakes/Odessa

110 Old Cypress Creed Road Old Cypress Creek Road & Wesley Chapel Blvd Lutz FL 33559 Prospective 341 Land O'Lakes/Odessa

111 Spanish Lakes Deerbrook Blvd & Oak Ramble Drive Spring Hill FL 34610 Prospective 140 Land O'Lakes/Odessa

112 Wiregrass State Road 56 & State Road 581 Wesley Chapel FL 33543 Prospective 249 Land O'Lakes/Odessa

113 Summerset Senior NWC Eiland Blvd & Fort King Road Zephyrhills FL 33542 Prospective 86 Zephyr Hills

114 Cotee River 7616 Washington Street Port Richey FL 34668 Prospective 240 New Port Richey

115 Long Lake Ranch State Road 54 & US Highway 19 New Port Richey FL 34652 Prospective 100 New Port Richey

116 Forest Oaks Boulevard 8101 Forest Oaks Blvd Spring Hill FL 34606 Prospective 117 Spring Hill

117 Spring Center Phase II Chalmer Street & Landover Blvd Spring Hill FL 34608 Prospective 750 Spring Hill

118 Trillium Blvd County Line Road & Trillium Blvd Brooksville FL 34604 Prospective 160 Spring Hill

119 Quarry Preserve NEC Citrus Way & Ponce De Leon Blvd Brooksville FL 34614 Prospective 1,850 Brooksville

120 Boulevard at West River, The West Main Street & North Oregon Avenue Tampa FL 33607 Prospective 118 Tampa Heights

121 NoHo Residential North Howard Avenue & Seaman Road Tampa FL 33612 Prospective 218 Forest Hills

122 Venetian Isles 1800 South Pinellas Avenue Tarpon Springs FL 34689 Prospective 86 Palm Harbor/Tarpon Springs

Total Prospective 25,755

TOTAL TAMPA 38,433