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     Property Name  Sold  Sales Price  Units/LandSF  YOC  City, State
       Ashford Belmar  2018   Confidential  512  1988/1993  Lakewood, CO
       Athens Ridge  2018   Confidential  190  2014  Athens, GA
       CEV Clemson  2018   Confidential  132  1999  Clemson, SC
       CEV Clemson West  2018   Confidential  96  1998  Clemson, SC
       Lodge at Copperfield  2018   Confidential  330  1998  Houston, TX
       Andover Park Apartments  2018   Confidential  240  1989  Beaverton, OR
       Haven46  2018   Confidential  158  2018  Tampa, FL
       Hygge  2018   $17,000,000  59  2018  Portland, OR
       Roundup Lake Resort  2018   Confidential  378  1950s  Mantua, OH
       The Forest Apartments  2018   $7,300,000  113  1966  Jacksonville, FL
       The Modern Miami  2018   $47,450,000  166  2013  Miami, FL
       1524 Willow St  2018   $1,270,000  5  1888  Alameda, CA
       Beltway Portfolio  2018   Confidential  2115    Houston, TX
       Northwest Hills  2018   Confidential  126  1984  Little Rock, AR
       The Grand Estates at TPC  2018   Confidential  408  2007  San Antonio, TX
       Jefferson Place  2018   $8,250,000  65  1977  Carmichael, CA
       Factory at Garco Park  2018   $51,650,000  271  2017  North Charleston, SC
       Lucerne  2018   $47,000,000  276  2002  Brandon, FL
       St. Cloud  2018   Confidential  14  1891  Denver, CO
       The Del Mar  2018   $3,552,500  40  1968  Sacramento, CA
       Evansville MHC Portfolio  2018   Confidential  380    Evansville, IN
       Slate  2018   Confidential  188  1985  Dallas, TX
       Central South Value-Add Portfolio  2018   Confidential  2154  1979-2006  ,
       Del Rio  2018   $2,530,000  24  1965  Sacramento, CA
       Ironwood at Red Rocks  2018   Confidential  256  2018  Littleton, CO
       Royal Crest  2018   Confidential  129  1973  Tyler, TX
       Baybrook Village  2018   Confidential  776  1979  Webster, TX
       Broadstone Colonial Parkway - Equity  2018   Confidential    -    Katy, TX
       Signature Place  2018   Confidential  232  1996  Overland Park, KS
       Strata  2018   Confidential  336  2018  Denver, CO
       The Fields Peachtree Corners  2018   Confidential  490  1973  Norcross, GA
       The Marq at RiNo  2018   Confidential  301    Denver, CO
       The Village  2018   $51,650,000  300  1997  Raleigh, NC
       Advenir at the Village  2018   Confidential  310  1966  Colorado Springs, CO
       Rancho Cordova  2018   Confidential  95  1971  Rancho Cordova, CA
       The Hamlins @ Cedar Creek Lake  2018   Confidential  208  2005  Kemp, TX
       Towne Park @ HAR-BER  2018   Confidential  237  2016/2017  Springdale, AR
       Eliot Flats  2018   $8,300,000  40  2015  Denver, CO
       The Bridges on Travis  2018   Confidential  226    Sherman, TX
       The Village on West Irving  2018   Confidential  91  1963 / 1974  Irving, TX
       Wonderland Creek Townhomes  2018   $21,000,000  41  2017  Boulder, CO
       Streamsong  2018   Confidential  300  2017  Katy, TX
       West Line Flats  2018   $40,250,000  155  2017  Lakewood, CO
       Mesa Vista  2018   $4,200,000  48  1986  Colorado Springs, CO
       Tahoe City Inn  2018   $2,700,000  32    Tahoe City, CA
       Terracina  2018   $106,000,000  386  2009  Broomfield, CO
       The Alexander & Alexander Lofts  2018   $103,000,000  290  2017/2015  West Palm Beach, FL
       32 North  2018   $1,710,000  16  1985 & 2018  Phoenix, AZ
       Ridgeway Commons  2018   Confidential  127  1974  Memphis, TN
       Waterford  2018   $23,564,000  344  1984  Tulsa, OK
       Bay Island  2018   Confidential  120  1972  Garland, TX
       San Paloma  2018   Confidential  372  2006  Houston, TX
       Stadium Place Apartments  2018   Confidential  200  2000  Jonesboro, AR
       Westbury Reserve  2018   Confidential  320  1980  Houston, TX
       Franklin Square  2018   Confidential  76  2007  Munford, TN
       Keystone  2018   $39,500,000  208  1986  Northglenn, CO
       220 Athol  2018   Confidential    -  1966  Oakland, CA
       Castlerock  2018   Confidential  870  1972  College Station, TX
       LAND - 10.0 Acres North Richland Hills  2018   Confidential      North Richland Hills, TX
       Regency Gardens  2018   Confidential  200  2015  Bryan, TX
       The Wall Street Lofts  2018   Confidential  108    Midland, TX
       Vie at Hattiesburg  2018   Confidential  216  2006  Hattiesburg, MS
       Lexington Commons  2018   $13,250,000  206  1985  Bartlesville, OK
       Novel Providence Farm  2018   $98,000,000  404  2018  Charlotte, NC
       One305 Central  2018   $71,300,000  281  2017  Charlotte, NC
       Ravenwood  2018   Confidential  236  1969  Houston, TX
       90th and Wadsworth  2018   Confidential  441,903    Westminster, CO
       Council Crossing  2018   Confidential  828  1975  Bethany, OK
       122 Hilton Way  2018   $4,300,000  8  1964  Pacifica, CA
       Pine Oaks  2018   Confidential  240  1983  Mesquite, TX
       The Villaggio  2018   Confidential  37  2016  College Station, TX
       Ultris Island Park  2018   Confidential  314  2006  Shreveport, LA
       Bitterwood Ranch and Fifth Avenue  2018   Confidential  388  1982/1986  San Antonio, TX
       Crystal Valley West  2018   $3,500,000      Castle Rock, CO
       The Cove  2018   $1,800,000  16  1958 - 1974  Phoenix, AZ
       5th + Red High-Rise Development Site  2018   Confidential      Austin, TX
       CEV Greensboro  2018   Confidential  233  1990  Greensboro, NC
       CEV Greensboro II  2018   Confidential  36  2007  Greensboro, NC
       Heights on Perrin  2018   Confidential  384  1980  San Antonio, TX
       Registry at Wolfchase  2018   Confidential  512  1998, 2000  Cordova, TN
       Anatole on Briarwood  2018   Confidential  250  2014  Midland, TX
       BelAire At Boca Raton - Towers  2018   $12,900,000  97  1973  Boca Raton, FL
       The Grove at Club View  2018   Confidential  32  1967  Memphis, TN
       The Grove at Hedgemoor  2018   Confidential  64  1952  Memphis, TN
       Avana Grand Palms  2018   Confidential  360  1999  Webster, TX
       Avana Grand Palms - Debt  2018   Confidential    -  1999  Webster, TX
       Avana Grogan's Mill  2018   Confidential  384  1979  The Woodlands, TX
       Avana Grogan's Mill - Debt  2018   Confidential    -    The Woodlands, TX
       Avana Six Pines  2018   Confidential  360  1984-1997  Spring, TX
       Avana Six Pines - Debt  2018   Confidential    -    The Woodlands, TX
       Avana Woodridge  2018   Confidential  216  2000  Spring, TX
       Avana Woodridge - Debt  2018   Confidential    -  2000  Spring, TX
       Elan City Center  2018   $50,565,000  213  2015  Raleigh, NC
       The Breakers  2018   Confidential  272  1985  Texas City, TX
       Venue Museum District  2018   Confidential  224  2009  Houston, TX
       Hickory Creek  2018   Confidential  200  1969  Nashville, TN
       Jackson Grove  2018   Confidential  238  1975  Hermitage, TN
       Lincoya Bay  2018   Confidential  186  1974  Nashville, TN
       Nashville Portfolio  2018   Confidential  826  1969-1979  Nashville, TN
       Sheffield Heights  2018   Confidential  202  1979  Nashville, TN