EFTA Document EFTA01378903

Multifamily Development (Las Vegas, NV)* Key Facts Est. Equity Commitment: $35M Total Project Cost: $88M Residential Units: 322 Project Overview • 322 unit Class A multifamily development in Downtown Las Vegas, NV • Fully entitled, shovel ready at closing, with GMP and all required permits obtained, and construction financing in place • Market continues to demonstrate strong fundamentals - 3rd highest population growth according to U.S. Census nationally in 2017 (2.2%), driving multifamily demand • Immediate access to the area's largest employment hubs including Vegas Strip, downtown office corridor, and the Medical District • Walkable to downtown amenities but also close proximity to the I-15 and I-515 interchange with transportation access throughout the MSA • First phase of a larger mixed-use master plan promoted by the city. Across the street, Blackstone is redeveloping the World Market Center site • Experienced sponsor is an existing GTIS partner 'There can be no guarantee that the project will be consummated by GTIS Qualified Opportunity Fund LLC or at all 20 CONFIDENTIAL - PURSUANT TO FED. R. GRIM. P. 6(e) DB-SDNY-0076178 CONFIDENTIAL SDNY_GM_00222362 EFTA01378903