As of March 31, 2022, the Company was invested in a total of 39 multifamily properties, as listed below:

						Average Effective Monthly Rent Per Unit (1) as of				% Occupied (2) as of
Property Name	Rentable Square Footage (in thousands)		Number of Units (3)		Date Acquired	March 31, 2022		December 31, 2021		March 31, 2022			December 31, 2021
Arbors on Forest Ridge		155		210	1/31/2014	$	1,040	$	1,021		94.8	%		96.2	%
Cutter's Point		198		196	1/31/2014		1,261		1,219		95.4	%		95.4	%
Silverbrook		526		642	1/31/2014		1,068		1,043		94.2	%		94.1	%
The Summit at Sabal Park		205		252	8/20/2014		1,253		1,198		94.4	%		96.0	%
Courtney Cove		225		324	8/20/2014		1,187		1,132		93.5	%		93.8	%
Radbourne Lake		247		225	9/30/2014		1,293		1,227		93.3	%		94.2	%
Timber Creek		248		352	9/30/2014		1,058		1,032		96.4	%		96.1	%
Sabal Palm at Lake Buena Vista		371		400	11/5/2014		1,453		1,377		95.8	%		97.8	%
Cornerstone		318		430	1/15/2015		1,183		1,152		95.6	%		95.6	%
The Preserve at Terrell Mill		692		752	2/6/2015		1,182		1,156		94.4	%		90.9	%
Versailles		301		388	2/26/2015		1,166		1,024		88.1	%		96.4	%
Seasons 704 Apartments		217		222	4/15/2015		1,502		1,410		94.1	%		96.8	%
Madera Point		193		256	8/5/2015		1,190		1,140		96.1	%		94.5	%
Venue at 8651		289		333	10/30/2015		1,033		1,006		95.4	%		94.5	%
Parc500		266		217	7/27/2016		1,609		1,543		94.5	%		96.3	%
The Venue on Camelback		256		415	10/11/2016		960		915		94.9	%		92.3	%
Old Farm		697		734	12/29/2016		1,218		1,207		94.7	%		93.9	%
Stone Creek at Old Farm		186		190	12/29/2016		1,268		1,248		96.3	%		96.8	%
Hollister Place		246		260	2/1/2017		1,105		1,065		89.2	%		92.5	%
Rockledge Apartments		802		708	6/30/2017		1,446		1,408		94.9	%		93.9	%
Atera Apartments		334		380	10/25/2017		1,352		1,310		95.0	%		93.9	%
Crestmont Reserve		199		242	9/26/2018		1,052		985		93.0	%		95.5	%
Brandywine I & II		414		632	9/26/2018		1,080		1,031		95.1	%		95.6	%
Bella Vista		243		248	1/28/2019		1,543		1,515		96.8	%		96.0	%
The Enclave		194		204	1/28/2019		1,603		1,507		95.1	%		96.6	%
The Heritage		199		204	1/28/2019		1,514		1,432		91.7	%		95.6	%
Summers Landing		139		196	6/7/2019		1,090		1,033		96.4	%		93.9	%
Residences at Glenview Reserve		344		360	7/17/2019		1,125		1,074		94.7	%		95.6	%
Residences at West Place		345		342	7/17/2019		1,420		1,345		94.2	%		93.0	%
Avant at Pembroke Pines		1,442		1,520	8/30/2019		1,772		1,695		95.1	%		93.9	%
Arbors of Brentwood		325		346	9/10/2019		1,344		1,284		94.8	%		95.1	%
Torreyana Apartments		309		316	11/22/2019		1,419		1,365		94.6	%		93.7	%
Bloom		498		528	11/22/2019		1,263		1,238		91.1	%		89.2	%
Bella Solara		271		320	11/22/2019		1,343		1,309		91.9	%		91.3	%
Fairways at San Marcos		340		352	11/2/2020		1,476		1,425		96.3	%		96.3	%
The Verandas at Lake Norman		241		264	6/30/2021		1,258		1,215		93.2	%		93.2	%
Creekside at Matthews		263		240	6/30/2021		1,393		1,350		91.7	%		94.2	%
Six Forks Station		360		323	9/10/2021		1,246		1,228		91.2	%		95.4	%
High House at Cary		293		302	12/7/2021		1,372		1,361		93.4	%		94.7	%
		13,391		14,825