• Opportunity Zone development project of 2 buildings totaling 230 market rate workforce apartment units and ground floor neighborhood retail of 14,000 sq. ft., located in Washington D.C. Groundbreaking occurred in October 2021 with expected completion in June 2023.

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• Joint venture development with City Interests Development Partners LLC, a fully integrated real estate development firm focused on the mixed-use urban revitalization of underserved areas of Washington, D.C.

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• The projects are part of the ongoing investment in the Parkside neighborhood, a 26‐acre, master‐planned, mixed‐use urban development (PUD) developed by City Interests, with 19.4 acres of the 26 acres already developed. Parkside (www.parksidedc.com) is located adjacent to the high-density Minnesota/Benning Metro and Metrobus stations.