Investor Presentaiton

new household formation (demand) in Wisconsin averages 15,494 per year for the period 2010-2021. .... 2,500,000 2,450,000 2,400,000 2,350,000 2,300,000 2,250,000 2,200,000 Households in Wisconsin 2,150,000 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 W WISCONSIN SCHOOL OF BUSINESS UNIVERSITY OF WISCONSIN-MADISON TOGETHER FORWARD® JAMES A. GRAASKAMP CENTER for REAL ESTATE Source: WRA, Census and Graaskamp Center.

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