TARGET INVESTMENT

Eagle Property Capital is an experienced investor and manager of multifamily properties targeting moderate-income households. Since the company’s inception, Eagle Property Capital has earned a solid reputation as a leading investor, owner and manager of multifamily properties, targeting predominantly, but not exclusively, Hispanic communities. Our investment professionals have extensive experience acquiring and managing a wide rage of multifamily properties. However, Eagle Property Capital predominantly focuses on high-quality Class B and C communities of 200 units or more with a deal size of at least $10 million.

In all cases, Eagle Property Capital invests in existing multifamily properties with fundamentally sound structural conditions that produce immediate rental revenue. The bulk of our portfolio was built between the 1970s and 1990’s. However, we will consider newer properties with management repositioning opportunities or older properties in prime sub markets with significant capital needs and an opportunity to add value through rehabilitation and repositioning. Our objectives are to i) reduce operating expenses while maintaining a high level of service and quality, ii) increase occupancy by repositioning the community, and iii) increase revenue.

INVESTMENTS LOCATION

We invest in regions that seem likely to benefit from the trend of growing population and purchasing power of Hispanics in the Southern U.S.

Furthermore, we acquire properties in locations that have the following characteristics that will drive sustainable Net Operating Income growth:

• High growth metropolitan areas
• Strong market fundamentals
• Favorable business climate
• Projected to have high population and job growth rates predominantly from Hispanics
• Favorable renter demographics
• Proximity to Employment Centers, Schools and Franchise Locations
• Submarkets with barriers to entry

Our current acquisition and disposition activity currently covers over three primary markets and submarkets in Florida and Texas.

Eagle Property Capital is broker friendly, generating approximately half of our transactions on an annual basis, from traditional broker sources. However, in markets where it has an established presence, owners are known to seek out Eagle Property Capital directly, providing an additional source of deal flow not typically available in the general marketplace.

Current owners or brokers interested in submitting a property to Eagle Property Capital are encouraged to submit a description and location of the property, proposed sale price and terms, photographs, written authorization to represent owner (if not a listing relationship), rent roll, local market data, unit mix with current rents, floor plans, most recent tax bill, latest year’s P&L and other relevant information of the property.

INVESTMENT PROCESS

Eagle Property Capital only acquires existing apartment communities. We do not engage in new development. Instead, we seek to generate attractive risk-adjusted returns for our clients by acquiring multifamily properties or portfolios with clear upside potential: i) underperforming, ii) mismanaged, iii) in need of rehabilitation, iv) available at a deep discount to replacement cost, v) underpriced, and/or vi) with potential to be renovated and repositioned.

Eagle Property Capital actively engages in repositioning the properties it acquires, with the ultimate goal of adding or creating value. As part of Eagle Property Capital’s disciplined investment approach, Eagle Property Capital develops a three-year business plan for each potential acquisition. The plan includes clear and measurable objectives, focused on improving the physical appearance of a property, the quality of the rent roll and the property’s operating margin. Typical actions include capital improvement programs, leasing strategies, rigorous cost control, continuous maintenance, and monitoring market trends.

Eagle Property Capital usually has a 5 to 7 year holding period after which we seek to sell the repositioned property to the right long term investor.