Proof of Concept: The Co-living Trend Gets Real 2019 NMHC Spring - PowerPoint PPT Presentation

Proof of Concept: The Co-living Trend Gets Real 2019 NMHC Spring Board of Directors Meeting May ay 15 15-17, , 201 019 @ApartmentWire @ApartmentWire #NMHCspring #NMHCspring

OVERVIEW Established 2015 2011 2012 2017 Current: 12 Current: 2 Market Current: 6 2019: 45+ Current: 3 2019: 5+ Locations 2019: 13 (US/International) 2019: 13 # of Units 800 beds 630 beds 1,800 beds 5,000 units (current) @ApartmentWire #NMHCspring

UNIT DESIGN/FLOORPLAN Micro X X X (studio/suite) Suite X X X X (3-6 bedrooms) Conventional X X X X (1B, 2B, Studio) X X Family @ApartmentWire #NMHCspring

LEASE STRUCTURE Traditional X X X X Long-term Lease (12-mo.+) X X X <3, 6, 9 mo. Community X X Membership @ApartmentWire #NMHCspring

COMMUNITY PROGRAMS/AMENITIES Community Programs/Activities (via App or X X X X manager) X X X X Community Household Supplies/Essentials X X X Coworking Space X X X X Fully Furnished Units (included or optional) X X X High-speed Internet/Wifi (included) High-concept Designed Units and Community X X X X Spaces (e.g. fitness, deck/patio, etc.) X X X Maintenance X X X X On-site Laundry X X X X Shared Space Cleaning X X Transfer to New Community/Room X X Utilities Included @ApartmentWire X X X Virtual Tours #NMHCspring

PARTNERSHIP STRUCTURE Co-investment Equity X X Partner Investor Relationship X X X Broker Owner/Developer X Property Management X X X X @ApartmentWire #NMHCspring