Unmatched Access | Deeper Insight | Superior Execution

Unmatched Access

MORE BUYERS LOOKING AT YOUR PROPERTY

MORE LEADS FOR YOUR BROKER

28%buyers from

other sources

72%buyers from Ten-X marketing efforts

The Leading Online Real Estate Marketplace

BY THE NUMBERS

$35 BILLIONASSETS SOLD

$MULTI-MILLIONMARKETING SPEND

INVESTORS

2009

1st CommercialOnline Auction

2015

Surpassed $13BCRE Sold

Guinness World Record $96M Online Sale

2014

Surpassed $10BCRE Sold

Google Capital Investment

Auction.com becomes Ten-X

2016

REAL ESTATEAUCTIONS

$15 TRILLIONCOMMERCIAL REAL ESTATE

MARKET

Our Vision Is Bigger Than Auctions

Technology

Data

Where Real Estate Is Moving

SELLER

BUYER

BUYER

BROKER

BUYER

BROKER

BUYER

BUYER

BUYER

BUYER

BROKER

BUYER

BUYER

BUYER

BROKER

Ten-X has quietly become one of the largest marketplaces on the web.

-David Lawee, Partner at Google Capital“ ”A Global Platform

The Best Buyers Are On Ten-X

Thousands Of Brokers Use Ten-X

The Ten-X Advantage

amplified execution

180+ DAYSRE-TRADE EXTENSIONS

HIGH FALL-OUT RATE

INTERNAL PROSPECTS

SEVERAL INTERESTED

BUYERS

INITIAL OFFERS +BEST & FINAL

ROUND

TYPICAL PROCESS

AS LITTLE AS 90 DAYSNO RE-TRADES

ADD TEN-X

GLOBALPROSPECTS

90%+CLOSE RATE

HUNDREDS OF INTERESTED

BUYERS

UNLIMITEDOFFERS

BUYER Institution$400M+ Portfolio

Prospects: 6,751

Interested Buyers: 312

Approved Bidders: 15

Offers: 24

Sales Price: $27,772,500

RESULTS

Shoppes at Jupiter210 North US Highway 1

Jupiter, FL

196,641 SF94% Occupied

Seller: InstitutionBroker: Transwestern

Transaction Time: 97 Days Close of Escrow: 8/19/2015SOLD

Proprietary Buyer Matching Engine

FIND MY BUYERS

13000 Deerfield Parkway

Alpharetta, GA

60% of Winning Buyers Are From Out-Of-State

Global Targeting Uses Buyer Behavior & Holdings

Personalized Marketing Campaigns

MAILERS EMAILS

13000 Deerfield ParkwayAlpharetta, GA

DIGITAL RETARGETING GLOBAL LISTINGS

The Trusted Market Leader

Unmatched Access Deeper Insight Superior Execution

Live BidDate-Certain Close

Over 90% of properties complete process in less than

90 days

ONBOARDING14 days

MARKETING45 days

BIDDING2 days

CLOSING30 days

Document reviewPricing discussion

Broker coordinationProperty webpage Due diligence vaultTargeted marketing

$5k-$25k bid depositBidder proof of funds

PSA signed in 2 hrs5% non-refundable in 24 hrs

Confidential to Ten-X

Indicative bids

Buyer shortlist

Final round bidding

Managed Bid

3Confidential to Ten-X

30-60 days

1 day15-20 days

3-5 days

30-45 days

10-14 days

OnboardingMarketing &

Due DiligenceIndicative

BidsBuyer

ShortlistFinal Due Diligence Bidding Closing

1 day

SOLD: $96MM Manhattan Towers309,734 SF Office | 43% Occupied Total transaction time: 119 days

Typical Transaction

90-120 days*

* Note: Each stage can be adjusted to suit the asset and transaction complexity.

Live Bid Managed Bid

Pricing & Sales Strategy

Data-Driven Marketing

Secure Due Diligence Vault

Date-Certain Bidding Event

Fixed Closing Period

Transaction Method Comparison

24-Hour Hard Money

Indicative Bids

Buyer Shortlisting

Negotiable PSA

Confidential to Ten-X

Vetted Buyers

APPENDIX

MANHATTAN TOWERS1230 & 1240 Rosecrans AvenueManhattan Beach, CA

$96,075,000309,734 SF | Office

$310 PSF | 43% Occupied

SELLER:

BUYER:

BROKER:

SOLD!

MARKETING RESULTS

TRANSACTION HIGHLIGHTS

BID ACTIVITY

MANHATTAN TOWERS | Manhattan Beach, CA

Total Transaction Time: 119 Days Close of Escrow: 9/25/2015

$96,075,000309,734 SF | Office

$310 PSF | 43% Occupied

Institution

InstitutionVancouver, BC | $1B+ Portfolio

Eastdil Secured

6,032 Web Hits

262 Interested Buyers

29 Indicative Bids

20 Finalists

13 BidsPlaced in2 Hours

• Managed Bid transaction

• Class A office complex in prime suburban market

• Significant interest from domestic & international buyers

• Previous owners include DivcoWest, Hines & GE Pension Trust

• Guinness World Record: largest e-commerce transaction ever

SELLER’S RESERVE: $94,500,000

TOTAL PURCHASE PRICE: $96,075,000

July 2211:00 AM

July 221:00 PM

July 2212:00 PM

RENO NEVADA APARTMENT PORTFOLIO695 East Patriot Boulevard & 1350 Grand Summit DriveReno, NV

$71,505,000722 Units | Multifamily

$99,037/Unit | 96% Occupied

SELLER:

BUYER:

BROKER:

SOLD!

MARKETING RESULTS

TRANSACTION HIGHLIGHTS

BID ACTIVITY

RENO NEVADA APARTMENT PORTFOLIO | Reno, NV

Total Transaction Time: 97 Days Close of Escrow: 9/3/2015

$71,505,000722 Units | Multifamily

$99,037/Unit | 96% Occupied

Institution

InstitutionSan Diego, CA | $2B+ Portfolio

Mission Capital

4,789 Web Hits

169 Interested Buyers

20 Indicative Bids

7 Finalists

32 BidsPlaced in4 Hours

• Managed Bid transaction

• Stabilized suburban apartment portfolio

• Top bidders from Southern California & Pacific Northwest

• Price jumped 5% in last 30 minutes of auction

• Tech job growth in market, including Amazon & Tesla

SELLER’S RESERVE: $67,200,000

TOTAL PURCHASE PRICE: $71,505,000

July 2311:00 AM

July 231:30 PM

July 2312:15 PM

Ten-X LocationsIrvine1 MauchlyIrvine, CA 92618800.793.6107

Austin4030 W. Braker LaneBuilding 5, Suite 500Austin, TX 78759949.855.7464

Disclosure and Confidentiality

This document, including all attachments, addenda, and exhibits provided in any form (together the “Confidential Documents”), is being furnished to the recipient (the “Recipient”) solely for the Recipient’s own limited use in considering whether to place real estate and/or mortgage notes (“Assets”) with Ten‐X (the “Company”).   They are for informational purposes and are not for the purpose of providing legal advice. Recipient will not, directly or indirectly, disclose or permit anyone else to disclose the Confidential Information or its contents to any other person, firm, or entity without the prior written authorization of the Company.  Recipient will not use or permit to be used these Confidential Documents or its contents in any fashion or manner detrimental to the interest of the Company or for any purpose other than use in considering whether to conduct business with the Company.

The Company has prepared these Confidential Documents, which contain brief, selected information pertaining to the business and affairs of the Company. This information does not purport to be all‐inclusive nor does it purport to contain all the information which the Recipient may desire. Neither the Company nor any of its respective partners, officers, employees or agents make any representations or warranties, expressed or implied, as to the accuracy or completeness of these Confidential Documents or of its contents, and no legal liability is assumed or shall be implied with respect thereto.

© TEN‐X & AFFILIATES | CONFIDENTIAL AND PROPRIETARY | PHOTOCOPYING, DUPLICATION AND DISTRIBUTION ARE STRICTLY PROHIBITED.

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