Investor Presentaiton

Robust Processes & Integration Through Asset Lifecycle ACQUISITION DUE DILIGENCE THOUGHTFUL, RESEARCH-DRIVEN decision-making process that is rooted in our experience and incorporates a strong emphasis on disciplined underwriting and thorough due diligence. LEM TEAM AND OPERATING PARTNERS EMBEDDED IN TARGET MARKETS with active feedback and insight from market participants, industry professionals and local experts EARLY INVOLVEMENT in the transaction to drive the business plan and help Operating Partners win deals ASSET MANAGEMENT INTENSIVE OVERSIGHT throughout the hold, working with operating partners to drive operations and execute the business plans Acquisition Take-Over ........ CONSTANTLY REFINING ASSET MANAGEMENT Execution ........... SOFTWARE CAPABILITIES allow Asset Management to use real- time data to monitor operations Disposition + Optimization + • RealPage Bl: gather and review property data, including leasing statistics, occupancy trends, and renewal data • Pereview: analyze overall trends in the portfolio, helping us to identify important patterns in financial performance Please refer to the performance disclosures on slide 2 and the Footnotes and Definitions. Investor should bear in mind that the past performance shown above for these investment is not necessarily indicative of future results and there can be no assurance that future investments will achieve comparable results. L.E.M CAPITAL 25

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