Transcription

APARTMENT COMMUNITIESReal Estate Information as of April 27, 2021Property pertyOwnershipAge 97319702014198820111989EPLPEPLPEPLPWesco IIIEPLPWesco VEPLPBEX IIJV ‐ 50%EPLPEPLPEPLPEPLPEPLPWesco VEPLPJV ‐ 50%EPLPDownREITEPLPEPLPEPLPEPLPEPLPEPLPWesco PLPEPLPNORTHERN CALIFORNIASanta Clara CountyThe CommonsPointe at CupertinoApexRegency at Mountain View101 San Fernando360 ResidencesBella VillagioThe CarlyleCentury TowersEnsoEpicEsplanadeFountains at River OaksMarquisMeridian at MidtownMioPatina at MidtownPalm ValleySage at CupertinoThe WaterfordWillow Lake1000 KielyMyloLe ParcMarina CoveRiley SquareVilla GranadaBristol CommonsBrookside OaksLawrence StationMagnolia LaneMagnolia SquareMontclaireReed SquareSolsticeSummerhill ParkViaWindsor Ridge275 Union Avenue19920 Olivewood Street1102 South Abel Street333 Escuela Avenue99 South Fourth Street360 South Market Street383 Vista Roma Way2909 Nieman Boulevard1731 & 1733 North First Street175 Baypointe Parkway545 River Oaks Parkway350 East Taylor Street373 River Oaks Circle817 North 10th Street1432 West San Carlos Street688 North 7th Street355 Sunol Street150 Palm Valley Road175 Calvert Drive1700 North First Street1331 Lakeshore Circle1000 Kiely Boulevard3700 El Camino Real440 North Winchester Avenue3480 Granada Avenue3707 Poinciana Drive3595 Granada Avenue732 East Evelyn Avenue1651 Belleville Way1271 Lawrence Station Road113 South Mary Avenue107 South Mary Avenue450 North Mathilda Avenue1070 Reed Avenue299 West Washington Avenue972 Corte Madera Avenue315 Tasman Drive825 East Evelyn AvenueCampbell, CACupertino, CAMilpitas, CAMountain View, CASan Jose, CASan Jose, CASan Jose, CASan Jose, CASan Jose, CASan Jose, CASan Jose, CASan Jose, CASan Jose, CASan Jose, CASan Jose, CASan Jose, CASan Jose, CASan Jose, CASan Jose, CASan Jose, CASan Jose, CASanta Clara, CASanta Clara, CASanta Clara, CASanta Clara, CASanta Clara, CASanta Clara, CASunnyvale, CASunnyvale, CASunnyvale, CASunnyvale, CASunnyvale, CASunnyvale, CASunnyvale, CASunnyvale, CASunnyvale, CASunnyvale, CASunnyvale, 48517331032

APARTMENT COMMUNITIESReal Estate Information as of April 27, 2021YearAcquiredYearBuiltPropertyOwnershipAge 197519872009200120161989EPLPEPLPEPLPWesco VEPLPEPLPWesco IEPLPEPLPEPLPEPLPWesco IWesco IVEPLPBEX IIEPLPEPLPEPLPWesco PEPLPBEX IVJV ‐ 82%EPLPEPLPEPLPEPLPEPLP473447333321Property NameAddressCity/StateUnitsAlameda CountyFourth & UConnolly StationAvenue 64The Courtyards at 65thEmmeBoulevardBriarwoodMission PeaksMission Peaks IIParagon ApartmentsStevenson PlaceThe WoodsCity CentreCity ViewBridgeportThe GrandThe Landing at Jack London SquareThe GallowayVerandas700 University Avenue7550 St. Patrick Way6399 Christie Avenue1465 65th Street6350 Christie Avenue40001 Fremont Boulevard4200 Bay Street1401 Red Hawk Circle1401 Red Hawk Circle3700 Beacon Avenue4141 Stevenson Boulevard40640 High Street22800 Meridian Drive25200 Carlos Bee Boulevard36826 Cherry Street100 Grand Avenue101 Embarcadero West5789 Gibraltar Drive, 4863 Willow Road33 Union SquareBerkeley, CADublin, CAEmeryville, CAEmeryville, CAEmeryville, CAFremont, CAFremont, CAFremont, CAFremont, CAFremont, CAFremont, CAFremont, CAHayward, CAHayward, CANewark, CAOakland, CAOakland, CAPleasanton, CAUnion City, CAContra Costa CountyLafayette HighlandsSan MarcosBel AirCanyon OaksCrow CanyonFoothill GardensMill Creek at WindermereTwin CreeksAgoraBrio1076 Carol Lane2601 Hilltop Drive2000 Shoreline Drive1 Amberstone Lane1700 Promontory Lane1110 Harness Drive2100 Waterstone Place2711‐2731 Morgan Drive1500 Newell Avenue161 N Civic DriveLafayette, CARichmond, CASan Ramon, CASan Ramon , CASan Ramon, CASan Ramon, CASan Ramon, CASan Ramon, CAWalnut Creek, CAWalnut Creek, CASan Mateo CountyBelmont TerraceFoster's Landing777 HamiltonHillsdale GardenLakeshore LandingStation Park Green ‐ Phase IStation Park Green ‐ Phase IIStation Park Green ‐ Phase IIIStation Park Green ‐ Phase IV1606 Continetals Way700 Bounty Drive777 Hamilton3421 Edison Avenue2717 South Norfolk Street430 Station Park Circle400 Station Park Circle410 Station Park Circle420 Station Park CircleBelmont, CAFoster City, CAMenlo Park, CASan Mateo, CASan Mateo, CASan Mateo, CASan Mateo, CASan Mateo, CASan Mateo, CA2

APARTMENT COMMUNITIESReal Estate Information as of April 27, 2021YearAcquiredYearBuiltPropertyOwnershipAge 2021195820041968201419961963JV ‐ 2EPLP19Property NameAddressCity/StateUnitsRadiusTownship640 Veterans Boulevard333 Main StreetRedwood City, CARedwood City, CASan Francisco and Marin Counties500 FolsomPark WestBennett LoftsFox PlazaMB 360Deer ValleyVista Belvedere500 Folsom Street1201 Funston530, 542, 548 Brannan1390 Market Street1200 Fourth Street2500 Deer Valley Road15 Red Hill CircleSan Francisco, CASan Francisco, CASan Francisco, CASan Francisco, CASan Francisco, CASan Rafael, CATiburon, CAOther Northern CaliforniaChestnut Street Apartments143 Chestnut AvenueSanta Cruz, CATotal Northern California21,92525SOUTHERN CALIFORNIALos Angeles CountyThe Village at Toluca LakeEmerald PointeRegency at EncinoThe Henley IThe Henley IIWallace on SunsetMarbrisaPathways at Bixby Village5600 WilshireAlessioAshton Sherman VillageAvantThe AveryBelleriveBelmont StationSkye at Bunker HillCatalina GardensCochran ApartmentsEmerson Valley Village211 North Valley Street2840 South Diamond Bar Boulevard15506 Moorpark Street1136 North Columbus Avenue245 West Loraine Street6240 Sunset Boulevard1809 Termino Avenue5945 East Pacific Coast Highway5600 Wilshire Boulevard5700 West Centinela12629 Riverside Drive1360, 1420 South Figueroa Street12005 Albers Street1921 Beloit Avenue1302 West 2nd Street222 and 234 South Figueroa Street333 South Catalina Street612 South Cochran12000 Riverside DriveBurbank, CADiamond Bar, CAEncino, CAGlendale, CAGlendale, CAHollywood, CALong Beach, CALong Beach, CALos Angeles, CALos Angeles, CALos Angeles, CALos Angeles, CALos Angeles, CALos Angeles, CALos Angeles, CALos Angeles, CALos Angeles, CALos Angeles, CALos Angeles, BEX 10125334329

APARTMENT COMMUNITIESReal Estate Information as of April 27, 2021Property NameAddressCity/StateGas Company LoftsThe Blake LAMarbellaPacific Electric LoftsPark CatalinaPark PlaceRegency Palm CourtSantee CourtSantee VillageTiffany CourtWilshire La BreaWindsor CourtWindsor CourtAqua Marina Del ReyMarina City ClubMirabellaMuseThe HallieThe StuartFountain ParkHighridgeBridgeport CoastThe Fairways at WestridgeThe Vistas of West HillsAllegroWalnut HeightsThe HuxleyThe DylanAvondale at Warner CenterReveal810 South Flower Street733 North Kings Road600 South Detroit Street610 South Main Street690 South Catalina Street400 South Detroit Street914 South Wilton Place716 South Los Angeles Street743 South Santee Street616 Masselin Avenue5200 Wilshire Boulevard900 South Irolo Street401 South Detroit Street4750 Lincoln Boulevard4333 Admiralty Way13701 Marina Point Drive5451 Vineland Avenue280 East Del Mar Boulevard3360 East Foothill Boulevard13141 Fountain Park Drive28125 Peacock Ridge Drive24100 Newhall Ranch Road25343 Silver Aspen Way24015 Copper Hill Drive11945 Magnolia Boulevard20700 San Jose Hills Road1234 North La Brea Avenue1111 North La Brea Avenue22222 Victory Boulevard21201 Kittridge StreetLos Angeles, CALos Angeles, CALos Angeles, CALos Angeles, CALos Angeles, CALos Angeles, CALos Angeles, CALos Angeles, CALos Angeles, CALos Angeles, CALos Angeles, CALos Angeles, CALos Angeles, CAMarina Del Rey, CAMarina Del Rey, CAMarina Del Rey, CANorth Hollywood, CAPasadena, CAPasadena, CAPlaya Vista, CARancho Palos Verde, CASanta Clarita, CAValencia, CAValencia, CAValley Village, CAWalnut, CAWest Hollywood, CAWest Hollywood, CAWoodland Hills, CAWoodland Hills, CAVentura CountyCamarillo OaksCamino Ruiz SquareArbors at Parc RoseMariner's PlaceTierra VistaMonterey VillasMeadowoodThe Lofts at PinehurstHillcrest ParkPinehurstWoodside Village921 Paseo Camarillo105 Camino Ruiz1500 Tulipan Circle711 South B Street1750 Montevina Circle1040 Kelp Lane1733 Cochran Street1021 Scandia Avenue1800 West Hillcrest Drive3980 Telegraph Road675 Providence AvenueCamarillo, CACamarillo, CAOxnard, CAOxnard, CAOxnard, CAOxnard, CASimi Valley, CAVentura, CANewbury Park, CAVentura, CAVentura, CA4YearAcquiredYearBuiltPropertyOwnershipAge 972200620042009201019642014201419702010Wesco IIIEPLPEPLPWesco IEPLPEPLPWesco IIIEPLPEPLPEPLPEPLPWesco IIIEPLPEPLPEPLPEPLPEPLPEPLPEPLPEPLPDownREITWesco IVWesco IVWesco 19731987EPLPEPLPWesco IEPLPEPLPEPLPBEX IIEPLPEPLPEPLPEPLP3631203420473550484834Units

APARTMENT COMMUNITIESReal Estate Information as of April 27, 2021YearAcquiredYearBuiltPropertyOwnershipAge EPLPDownREITEPLPEPLPEPLPBEXAEWDownREITWesco IIIEPLPEPLPEPLPEPLPEPLPEPLPEPLPBEX LPEPLPEPLPEPLPEPLPEPLPJV ‐ 51%EPLPEPLPEPLPProperty NameAddressCity/StateUnitsOrange CountyAnaviaThe BarkleyPark ViridianVilla SienaValley ParkThe HavensCapri at Sunny HillsHaver HillWilshire PromenadePinnacle at FullertonMontejo ApartmentsHuntington BreakersThe HuntingtonThe Palms at Laguna NiguelVillage GreenHillsborough ParkTrabuco VillasFairway Apartments at Big CanyonRenaissance at Uptown OrangeVilla AngelinaCortesiaPinnacle at TalegaParkside CourtFairhaven ApartmentsEssex SkylinePinnacle at MacArthur Place2045 South State College Boulevard2400 East Lincoln Avenue1515 East Katella1250 Adams Avenue17300 Euclid Avenue10349 Slater Avenue2341 Daphne Place3100 East Yorba Linda Boulevard141 West Wilshire Avenue229 East Commonwealth Avenue12911 Dale Street21270 Beach Boulevard8400 Edinger Avenue28188 Moulton Parkway901 South Idaho Street1501 South Beach Boulevard25362 Mosswood Way2 Pine Valley Lane3063 West Chapman201 East Chapman Avenue29752 Melinda Road120 Calle Amistad4200 West 1st Street1300 East Fairhaven9 & 15 MacArthur Place31 MacArthur CrescentAnaheim, CAAnaheim, CAAnaheim, CACosta Mesa, CAFountain Valley, CAFountain Valley, CAFullerton, CAFullerton, CAFullerton, CAFullerton, CAGarden Grove, CAHuntington Beach, CAHuntington Beach, CALaguna Niguel, CALa Habra, CALa Habra, CALake Forest, CANewport Beach, CAOrange, CAPlacentia, CARancho Sta. Margarita, CASan Clemente, CASanta Ana, CASanta Ana, CASanta Ana, CASanta Ana, CASan Diego CountyAlpine VillageBonita CedarsMesa VillagePinnacle at Otay Ranch I & IIMira MonteCountry VillasMission HillsAllure at Scripps RanchScripps Mesa ApartmentsBernardo CrestCambridge ParkCarmel Landing2055 Arnold Way5155 Cedarwood Road5265 Clairemont Mesa Boulevard1310 Santa Rita Drive10360 Maya Linda Road283 Douglas Drive218 Rancho Del Oro10766 Scripps Ranch Boulevard10380 Spring Canyon Road11820 Paseo Lucido3394 Daley Center Drive11505 Windcrest LaneAlpine, CABonita, CAClairemont, CAChula Vista, CAMira Mesa, CAOceanside, CAOceanside, CASan Diego, CASan Diego, CASan Diego, CASan Diego, CASan Diego, CA5332332

APARTMENT COMMUNITIESReal Estate Information as of April 27, 2021YearAcquiredYearBuiltPropertyOwnershipAge 38Goleta, CASanta Barbara, CA2391083472006200719621965EPLPEPLP5956Hemet, CA27627620021988EPLP33Property NameAddressCity/StateUnitsCarmel SummitCentrePointeEsplanadeForm 15MontanosaCarmel CreekSummit ParkShadow Point11795 Stoney Peak Drive6466 Friars Road10201 Camino Ruiz #182 & 1831450 Market Street11012 Camino Playa Carmel11724 Carmel Creek Road8563 Lake Murray Boulevard9830 Dale AvenueSan Diego, CASan Diego, CASan Diego, CASan Diego, CASan Diego, CASan Diego, CASan Diego, CASpring Valley, CASanta Barbara CountyCBC and The SweepsHope Ranch6721 El Colegio Road3968‐3974 & 3999 Via LuceroRiverside CountyThe Devonshire2770 West Devonshire AvenueTotal Southern r TerraceCourtyard Off MainEllingtonEmerald RidgeFoothill CommonsThe PalisadesPark HighlandPiedmontSammamish ViewWoodland CommonsPinnacle SonataBothell RidgeCanyon PointeInglenook CourtSalmon Run at Perry CreekStonehedge Village10688 NE 10th Street308‐108 Avenue NE3205 115th Avenue NE136 102nd Avenue SE11200 NE 11th Street3010 118th Avenue SE13800 NE 9th Place13808 NE 12th304 118th Avenue SE15309 NE 13th Place16160 SE Eastgate Way13700 NE 10th Place23940 40th Drive SE19928 Bothell Everett Highway SE1630 228th Street SE14220 Juanita Drive, NE2109 228th Street SE14690 143rd Boulevard, NEBellevue, WABellevue, WABellevue, WABellevue, WABellevue, WABellevue, WABellevue, WABellevue, WABellevue , WABellevue, WABellevue, WABellevue, WABothell, WABothell, WABothell, WABothell, WABothell, WABothell, 13331362135

APARTMENT COMMUNITIESReal Estate Information as of April 27, 2021Property NameAddressCity/StateHighlands at WynhavenPark Hill at IssaquahWandering CreekAscentBridle TrailsEvergreen HeightsCorbella at Juanita BayMontebelloSlater 116AviaraParkwood at Mill CreekLaurels at Mill CreekThe Elliot at MukilteoCastle CreekShadowbrookThe Trails of RedmondElevationPure RedmondRedmond HillVestaPinnacle on Lake WashingtonBrighton RidgeFairwood PondForest View8th & RepublicanThe Audrey at BelltownTaylor 28Collins on PineAnnalieseFountain CourtPatent 523DomaineExpoThe BernardThe CairnsVelo & RayVox ApartmentsWharfside Pointe1460 NE Hawthorne Street22516 SE 56th Street12910 SE 240th12062 Slater Avenue NE6600 130th Avenue, NE12233 NE 131st Way9520 NE 120th Street12000 131st Lane NE11415 Slater Avenue NE2441 76th Avenue SE15520 Mill Creek Boulevard1110 164th Street SE9507 49th Avenue West7000 132nd Place, SE8500 148th Avenue NE16800 NE 39th Court17202‐17325 NE 85th Place17634 NE Union Road6110 186th Place NE18666 Redmond Way1400 Lake Washington Boulevard North2307 NE 4th Street14700 SE Petrovitsky Road650 Duvall Avenue NE430 8th Avenue North2922 Western Avenue100 Taylor Avenue1222 East Pine Street118 6th Avenue North2400 4th Street523 Broadway Avenue, East2483 Birch Avenue North118 Republican Street115 Warren Avenue North420 Yale Avenue3636 Stone Way North1527 15th Avenue3811 14th Avenue WestIssaquah, WAIssaquah, WAKent, WAKirkland, WAKirkland, WAKirkland, WAKirkland, WAKirkland, WAKirkland, WAMercer Island, WAMill Creek, WAMill Creek, WAMukilteo, WANewcastle, WARedmond, WARedmond, WARedmond, WARedmond, WARedmond, WARedmond, WARenton, WARenton, WARenton, WARenton, WASeattle, WASeattle, WASeattle, WASeattle, WASeattle, WASeattle, WASeattle, WASeattle, WASeattle, WASeattle, WASeattle, WASeattle, WASeattle, WASeattle, WATotal hipAge co IWesco IEPLPEPLPEPLPEPLPWesco VEPLPEPLPEPLPEPLPEPLPEPLPEPLPJV ‐ 50%EPLPEPLPWesco 24235291381221111291315783112,108727

APARTMENT COMMUNITIESReal Estate Information as of April 27, 2021Property pertyOwnership20001983EPLPAPARTMENT STATISTICSNumber of Apartment CommunitiesNumber of Apartment Communities Under ConstructionNumber of Apartment HomesNumber of Apartment Homes Under Construction244560,1751,316OTHER REAL ESTATE ASSETSOffice/Retail BuildingsDerian Office Building17461 Derian AvenueIrvine, CADefinitions for Property OwnershipEPLP ‐ The Company has a 100% ownership in the community.Wesco I ‐ The community is owned by Wesco I, LLC. The Company has a 58% interest in Wesco I, LLC, which is accounted for using the equity method of accounting.Wesco III ‐ The community is owned by Wesco III, LLC. The Company has a 50% interest in Wesco III, LLC, which is accounted for using the equity method of accounting.Wesco IV ‐ The community is owned by Wesco IV, LLC. The Company has a 50% interest in Wesco IV, LLC, which is accounted for using the equity method of accounting.Wesco V ‐ The community is owned by Wesco V, LLC. The Company has a 50% interest in Wesco V, LLC, which is accounted for using the equity method of accounting.BEX II ‐ The community is owned by BEX II, LLC. The Company has a 50% interest in BEX II, LLC, which is accounted for using the equity method of accounting.BEX III ‐ The community is owned by BEX III, LLC. The Company has a 50% interest in BEX III, LLC, which is accounted for using the equity method of accounting.BEX IV ‐ The community is owned by BEX IV, LLC. The Company has a 50% interest in BEX IV, LLC, which is accounted for using the equity method of accounting.BEXAEW ‐ The community is owned by BEXAEW, LLC. The Company has a 50% interest in BEXAEW, LLC, which is accounted for using the equity method of accounting.DownREIT ‐ Each of these communities are part of DownREIT structures in which the Company is the general partner or manager and the other limited partners or membersare granted rights of redemption for their interests. In accordance with U.S. Generally Accepted A