PORTFOLIO

Renovation II Fund

Acquired 2021

Location: Atlanta, MSA

Unit Count: 4 Units

Target IRR: 16.7%

Target ROE: 14.32%

*IRR and ROE expressed as Project-Level Returns

Renovation II fund consists in the acquisition of distressed, value-add properties and/or land for new SFR construction, opportunity to increase value through renovations, and asset
repositioning located in the Metro Atlanta MSA.

A renovation and/or construction-oriented business plan combined with attractive in-town locations, provides an opportunity for value generation and high yields.