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     Property Name  Sold  Sales Price  Units/LandSF  YOC  City, State
       Clarendon  2017   $2,125,000  24  1960  Phoenix, AZ
       Messina Luxury Apartment Homes  2017   $14,850,000  84  2016  New Smyrna Beach, FL
       1625 Mono Avenue  2017   $1,850,000  8  1938  San Lorenzo, CA
       Belle Haven  2017   $28,250,000  176  2014  Charlotte, NC
       Cottages of Cypresswood - Suburban Growth Portfolio  2017   Confidential  136  1984  Spring, TX
       Green Tree Place - Suburban Growth Portfolio  2017   Confidential  200  1984  Houston, TX
       Landmark Commercial Site  2017   Confidential      San Antonio, TX
       Mason Park  2017   Confidential    -  2007  Katy, TX
       Suburban Growth Portfolio  2017   Confidential  610  1984  Houston, Katy, Spring, TX
       Westborough Crossing - Suburban Growth Portfolio  2017   Confidential  274  1984  Katy, TX
       Aviva Coral Gables  2017   $100,000,000  276  2015  Miami (Coral Gables), FL
       Bonterra Lakeside  2017   Confidential  156  1973  Colorado Springs, CO
       Evergreen Commons  2017   Confidential  328  2001/2004  Union City, GA
       Evergreen Park  2017   Confidential  310  2005  Fairburn, GA
       Evergreen Terrace  2017   Confidential  244  2009  Fariburn, GA
       Holly Park  2017   Confidential  66  1985  Columbus, GA
       Marion Place  2017   Confidential  12  1960/2015  Denver, CO
       Quiet Creek  2017   Confidential  28  1972  Lakewood, CO
       The Evergreen Portfolio  2017   Confidential  882  2009/2005/2001  Fairburn/Union City, GA
       Viridian at the Gardens on Havana  2017   Confidential  227  2014  Aurora, CO
       1031 Scott Street  2017   Confidential  6  1908  San Francisco, CA
       Rampart House  2017   Confidential  64  1966  San Antonio, TX
       The Laurels at Jacaranda  2017   $93,000,000  468  1989  Plantation, FL
       Bay Bridge @ the Pointes  2017   Confidential  210  1986  Marietta, GA
       Loop 1604 & Culebra Multifamily Site  2017   Confidential      San Antonio, TX
       Reserve at West Avenue  2017   Confidential  152  1998  San Marcos, TX
       The Greens at Cascade  2017   Confidential  160  1990  Atlanta, GA
       Forest Grove  2017   Confidential  96  1997  Cleveland, TN
       Eastgate Apartments  2017   Confidential  80  1977  College Station, TX
       Fairview  2017   $15,025,000  100  1974  Aurora, CO
       Eastridge MHC (Price Utah Portfolio)  2017   Confidential  47    Wellington, UT
       Rundberg West  2017   Confidential  72  1985  Austin, TX
       1458-1460 Noe Street  2017   Confidential  3  1926  San Francisco, CA
       Ashburry at Chenal Apartments  2017   Confidential  216  1998  Little Rock, AR
       Courtyards at Estero  2017   $26,180,000  136  2016  Estero, FL
       IMT Florida Portfolio  2017   $132,000,000  870  1990/1989  Margate & Casselberry, FL
       Parkview  2017   $1,750,000  17    Tempe, AZ
       La Ventana Apartment Homes  2017   Confidential  256    Las Vegas, NV
       Lakeridge East Apartments  2017   Confidential    -    Reno, NV
       Marina Bay  2017   Confidential  192  1973  Las Vegas, NV
       Nevada West Portfolio  2017   Confidential  972  2016  Las Vegas, NV
       Tierra Bella at Lone Mountain  2017   Confidential  98  2003  Las Vegas, NV
       Tulane Apartments  2017   Confidential    -  1968  Memphis, TN
       Warren & Tulane Apartments  2017   Confidential  436  1970/1968  Memphis, TN
       Warren Apartments  2017   Confidential  236  1970  Memphis, TN
       Fox Hill  2017   Confidential  288  2010  Austin, TX
       Granada  2017   Confidential  100    Uvalde, TX
       The Quadrangle  2017   Confidential  72  1983  San Angelo, TX
       906 N 46th Street  2017   Confidential  5000    Seattle, WA
       Logan Ridge  2017   Confidential  42  2010  San Marcos, TX
       Millennium on Post  2017   Confidential  51  2012  San Marcos, TX
       44 - 46 Langton Street  2017   Confidential  4    San Francisco, CA
       Zilkr on the Park  2017   Confidential  213  2014  Austin, TX
       Tierra Santa  2017   $13,400,000  274  1985  Phoenix, AZ
       Agave  2017   Confidential  349  2016  San Antonio, TX
       Alexan Shadow Creek Ranch - Sale + Debt  2017   Confidential  392  2008  Pearland, TX
       The James - Debt  2017   Confidential  342  2015  Houston, TX
       21st Place Condos  2017   $1,005,000  12  1986  Phoenix, AZ
       Fairmount Villas  2017   $2,208,000  24  1963  Phoenix, AZ
       2355 Lafayette  2017   $1,000,000  6  1890  Denver, CO
       Oakbridge  2017   Confidential  158  2003  Pearland, TX
       Alta Cherry Hills  2017   Confidential  306  2016  Englewood, CO
       Ginger Park Apartments  2017   $1,600,000  50    Jacksonville, FL
       Lansbrook Village  2017   $82,418,567    -  1998/2002/2004  Palm Harbor, FL
       Villas at Homestead  2017   $65,350,000  312  1993  Centennial, CO
       Summit @ 860  2017   Confidential  389  1966  Nashville, TN
       3201 Tennyson St.  2017   $1,050,000  3  1914  Denver, CO
       Monroe Street Apartments  2017   $3,800,000  18  1951/2017  Denver, CO
       17*Walnut  2017   $15,600,000  26  2015  Boulder, CO
       21 Gramercy  2017   Confidential  262  2011  Bryan, TX
       Progress405  2017   Confidential  188  2016  Stillwater, OK
       San Leandro Portfolio  2017   Confidential  79    San Leandro, CA
       Willow Creek  2017   $1,680,000  24  1972  Colorado Springs, CO
       White Oak & Orchard  2017   Confidential  134    Bossier City, LA
       The Villas at Harbor Pointe  2017   Confidential  100    Pinole, CA
       Citation North  2017   Confidential  236  1979  Houston, TX
       Briarwood Park Apartments  2017   Confidential  80  1974  Jackson, MS
       SteepleChase  2017   Confidential  128  2000-2001  Cabot, AR
       Stoneridge at Germantown Falls Apartments  2017   Confidential  486  1986/1988  Memphis, TN
       Ramada Village  2017   $1,825,000  28  1972  Sacramento, CA
       Carroll & Kensington  2017   Confidential  58    Seattle, WA
       The Mansions of Shadowbriar  2017   Confidential  260  1982  Houston, TX
       Whispering Winds  2017   Confidential  286  1985  Pearland, TX
       Landmark at Ocean Breeze & Landmark at Grand Meadow  2017   $33,704,000  436  1974 & 1985  Melbourne, FL
       Parkway Commons  2017   Confidential  124  2002  Lawrence, KS
       West Isle Club  2017   $56,832,000  192  1989  Key West, FL
       400 Meeting Street  2017   Confidential  41  2013  Charleston, SC
       Sterling Park  2017   Confidential  84  2005-2008  Greensboro, NC
       Elmhurst Village  2017   $52,000,000  313  2001  Orlando, FL
       Eden Pointe Apartments  2017   Confidential  286  1968  Memphis, TN
       Lakeshore  2017   Confidential  232  1978  Houston, TX
       6th Avenue  2017   $970,000  10  1952  Phoenix, AZ
       North Gurley and Antelope MHCs  2017   Confidential  203    Gillette, WY
       Waterford Park  2017   Confidential  224  2008  Converse, TX
       Southern Virginia Portfolio  2017   Confidential  858  1990, 1974, 1991  Multiple, VA
       Gateway Lacey Land  2017   $3,020,075      Lacey, WA
       Paradise Lake Road Land  2017   $12,000,000      Snohomish, WA
       Stone Way Land  2017   $2,400,000      Seattle, WA
       Deerfield Apartments  2017   Confidential  136  1986  Memphis, TN
       Parkwood Plaza  2017   $10,725,000  120  1981  Denver, CO