Strategies for Multi-Family Real Estate Capital Allocation slide image

Strategies for Multi-Family Real Estate Capital Allocation

AIR COMMUNITIES The most efficient and most effective way to allocate capital to multi-family real estate And we are committed to making our environmental impacts positive • Smart home technology installed in all properties to manage energy usage, and provide early detection of wasteful use of water leak detection for loss control $16.7M invested in energy conservation between 2018-2020 driving an estimated $5.6M of cost savings in 2020 Clean Energy 1,100 EV charging stations being installed across the portfolio Aggressively pursuing solar electric generation across the portfolio: three projects underway, two more in final review for immediate execution, and six additional projects are under evaluation and preliminary design Energy Efficiency Tracking whole building performance data for ~60% of the portfolio in ENERGY STAR High efficiency LED lighting in all AIR communities Building automation systems installed at all high- and mid-rise buildings to optimize efficiency and reduce energy consumption Water Conservation Low-flow plumbing fixtures have been the standard for more than a decade Water leak sensors included in the smart home technology installed in all apartment homes All communities in California and Denver have smart irrigation systems installed All cooling towers in high-rise buildings are controlled to minimize evaporation Climate Risk & Resilience Disaster preparedness program that guides all site teams on how to manage their property should a natural disaster occur Upgrades during renovations that include protections from storm damage and other impacts of natural disasters MSCI analysis of portfolio and acquisitions for physical and transition risks Excellent bottom line metric is that casualty claims are rare 6,690,852 Therms of natural gas conserved 235,005,148 kWh of electricity saved through efficient fixtures 923,922,393 Gallons of water saved through efficiency 169,730 Metric tons of GHG emissions avoided 24 24
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