Design Economics Package by Thilina Herath

>l SHIFT

INTERCOMMUNITY HOUSING

CAN’TOWERS JERRY MANGILIT | NUR ASHRI | SAM WAIGANJO | THILINA HERATH 101046126

101032453

101036560

100975580

TABLE OF CONTENTS 1

DEVELOPMENT BRIEF

1.0

BUILDING STATISTICS

PLANNING RATIONALE

REVENUE SUMMARY

7.0

CRU, UNIT AND PARKING PRICING

2.0

TARION

8.0

CASH FLOW PROJECTION

9.0

PROJECT TIMELINE / SCHEDULE

OFFICIAL PLAN DEMOGRAPHICS SITE ANALYSIS EXISTING CONTEXT RATIONALE FOR PARCEL SELECTION

SITE PLAN

3.0

GO / NO-GO CRITERIA

DESIGN PACKAGE

4.0

APPENDIX A

FINANCING SUMMARY LOAN AMORTIZATION TOTAL FINANCING EQUITY INVESTMENT INTEREST PAID

FLOOR PLANS PERSPECTIVES

24 DEVELOPMENT FINANCIAL SUMMARY

5.0

PERCENT EQUITY PROFIT PROFIT PER DOOR CASH ON CASH RETURN DEVELOPMENT EXPENSES REVENUES

>l SHIFT

INTERCOMMUNITY HOUSING

PRO-FORMA PRE-DEVELOPMENT DESIGN & PLANNING MARKETING & SALES CONSTRUCTION PERMITS & DEVELOPMENT CHARGES FINANCING TARION

APPENDIX B

MARKETING DRAWING FINISHING SCHEFULE: 3 TIERS OF FINISHES

6.0

APPENDIX C

WORK / TASK DISTRIBUTION

CAN’TOWERS

1.0 | DEVELOPMENT BRIEF

Carling avenue sits in between two of Ottawa’s well-known neighborhoods, Nepean on the South and Westboro on the Northern face. The local area near 1660 Carling Ave. is a welcoming and friendly community with a Jewish campus nearby that focuses on students of all ages with special needs. Being in such a central location, Shift Intercommunity Project brings in the natural experience of the park into the new proposed community. Streets are carved to accommodate the pedestrian walkers of every scale as the parks surround them with the instinctual desire to sit and relax in nature. While accommodating to all needs, the future complexes will be mixed-used buildings with plenty of retail space along the main streets and scattered within the community. Stacked townhouses along the walkable pedestrian paths, including the parks, will me monumental in encouraging the community to have ‘eyes on the streets’. Through three phases; buildings will be implemented in three phases: from services first, townhomes and residencies, and the common offices respectively. Hopefully with the implementation of the community, there will be an increase in transit support along Carling Avenue, as communities grow with building variety, the culture will grow too.

>l SHIFT

INTERCOMMUNITY HOUSING

CAN’TOWERS

1.0 | DEVELOPMENT BRIEF

PROPOSED BUILDING PROPOSED PARCEL MASTER PLAN SITE

SITE FLOOR AREA 2487 SQM

GROUND FLOOR AREA

1660 CARLING AVE.

968 SQM

FLOOR EFFICIENCY 39 PERCENT USAGE

LOCKER STORAGE NON AVAILABLE SPACES

BIKE STORAGE 42 INDOOR BIKE STALLS

PARKING GARAGE 71 PARKING SPACES WITH 5 HANDICAP SPACE

SHIFT

INTERCOMMUNITY HOUSING

600

300

200

100

SCALE 1:10,000

CAN’TOWERS

UNIT STATISTICS 650 sqft

408 sqft SMALLEST

AVERAGE

1.0 | BUILDING STATISTICS

975 sqft LARGEST

2 BEDROOM APARTMENT UNITS : 36 UNITS 1 BEDROOM APARTMENT UNITS : 9 UNITS

9 STOREY RESIDENTIAL TOWER

BACHELOR APARTMENT UNITS : 18 UNITS 2 BEDROOM LOFT UNITS : 6 UNITS 1 BEDROOM LOFT UNITS : 9 UNITS

GROSS FLOOR AREA 11,689 SQM

SALEABLE FLOOR AREA 6350.66 SQM

FLOOR EFFICIENCY 54 PERCENT USAGE

AMMENITIES FLOOR AREA 1202 SQM

COMMERCIAL FLOOR AREA 227 SQM

4TH FLOOR AMMENITIES SPACE 2 STOREY LOFT UNITS

PARKING GARAGE 71 PARKING SPACES WITH 5 HANDICAP SPACE GROUND FLOOR COMMERCIAL STRIP

>l SHIFT

INTERCOMMUNITY HOUSING

CAN’TOWERS

2.0 | SITE + PARCEL JUSTIFICATION

The Canadian Tire site is located between two major neighbourhoods that have significance in the history of Ottawa. Sandwiched between the Westboro neighbourhood and Nepean neighbourhood. Using the data compiled from the area our design was decided on how the population will rise following the future plans of the LRT’s expansion in Phase 2, household income, average household size, depending on the family - if there are children in the household and dwelling types. Following plans of the LRT’s expansion we predict there will no doubt be an increase in population and in residential growth as properties will become desirable in the next four years. Situated by the main artery of Carling street, neighbourhoods on the north across the road is surveyed to have households with about 2 to 3 people per home with most of them having children. Westboro is a popular and historic neighbourhood, established in the early years of Ottawa as it contributed to the sprawl that grew along the road that was used to connect military ensemble to the Bytown. As such, the neighbourhood remains a traditional homestead, which influenced the design of our development to have apartments and duplexes that houses 2, 3, even 4 bedrooms. Bachelor options are available as the area is developing its popularity for young couples or students seeking to find residences near their workplaces and its convenience near the main street. Assuming that families would stay for a longer time, larger bedroom options were made as the neighbourhood prides itself in its strong sense of community. This was especially true when during the site analysis notes were taken on how some houses had posters and signs rejecting urban changes in their neighbourhoods. Each household also has an average age of 45 to 50 years, which leads to the inclusion of a Senior Residence within the new proposed masterplan. This is also an assumption based on the community senior home near the site where a strong Jewish community is compiled of a Lodge, Community School and the Centre itself. It is not to say there are mostly seniors in the area, but in terms of the site’s relevant locations it is safe to assume that there are more younger individuals that are near adolescence in the area. This data provides us with the information to provide bachelor units and 2 bedroom units for such individuals. With 16% of buildings in the area categorized as high-rises, the Shift Tower plotted on the intersection of Carling and Clyde is a high-rise that serves as the lead into taller residential apartments. The tower justifies itself by complying with Ottawa’s plan to intensify along major transit nodes, despite most of the residential buildings in the Carling area are semi-detached homes. Transportation is decided on the main bus route on Carling St. and car owners within the area, although the Can’Tower site is designed to be a pedestrian friendly and bike safe neighbourhood that promotes walkability than vehicles. This was decided to reduce waste and pollution in the city and to encourage a more active lifestyle.

>l SHIFT

INTERCOMMUNITY HOUSING

MARITAL STATUS

CAN’TOWERS

HOME OWNERSHIP

2.0 | DEMOGRAPHICS

MEDIAN INCOME MARITAL STATUS

MEDIAN INCOMEPER AGE

$70.00 $60.00 $50.00 $40.00 $30.00 $20.00 $10.00 $0.00

>l SHIFT

UNDER 25

25-44

44-64

OVER 65

INTERCOMMUNITY HOUSING

CAN’TOWERS

2.0 | PLANNING RATIONALE

SITE CONTEXT ANALYSIS

TO THE NORTH OF THE SITE, RESIDENTIAL DETACHED HOMES ARE PRESENT IN LONG ESTABLISHED NEIGHBOURHOODS. TO THE SOUTH ARE INDUSTRIAL SITES THAT ARE CURRENTLY USED FOR COMMERCIAL USE. WHILE THERE ARE HOUSING COMMUNITIES AROUND THE AREA THE INAPPROPRIATE PLACEMENT OF INDUSTRIAL ZONES MAKE FOR AN AWKWARD NEIGHBOURHOOD FOR STUDENTS AND VISITORS OF THE JEWISH COMMUNITY CENTER IN THE CARLING, WESTBORO AND NEPEAN AREA. WITH LRT EXPANSION, RESIDENTIALS WILL SOON GROW WITH BETTER AMENITIES.

>l SHIFT

INTERCOMMUNITY HOUSING

CAN’TOWERS

2.0 | PLANNING RATIONALE

THE PROPERTY IS APPROXIMATELY 0.89 HECTARES IN SIZE WITH 77.5 METRES OF FRONTAGE ALONG CARLING AVENUE. THERE ARE CURRENTLY FIVE BUILDINGS ON THE SITE, INCLUDING: THREE COMMERCIAL BUILDINGS PREVIOUSLY USED AS A MOTEL, ONE RESTAURANT, AND ONE SINGLE-FAMILY HOME TOWARDS THE REAR OF THE PROPERTY.

PROPOSED 22 STOREY MIXED USE BUILDING (6 STY PODIUM), ONE LEVEL OF BELOW GRADE PARKING WITH 243 SPACES.

THE CITY OF OTTAWA HAS RECEIVED A SITE PLAN APPLICATION TO CONSTRUCT A 3-STOREY, 15-UNIT LOW-RISE APARTMENT DWELLING. REPLACE A 2.5 STOREY BUILDING WITH A 5 STOREY OFFICE BUILDING

A SITE PLAN CONTROL APPLICATION TO CONSTRUCT A FOUR-STOREY LOW-RISE APARTMENT DWELLING WITH 12 DWELLING UNITS. NO VEHICULAR PARKINIG IS PROPOSED.

3 4

FUTURE DEVELOPMENTS THE SITE IS SURROUNDED BY A FEW NEARBY DEVELOPMENTS OF VARYING SCOPE. THERE ARE RESIDENTIAL PROJECTS PROPOSED AND APPROVED WITHIN THE NEIGHBOURHOOD TO THE NORTH OF THE SITE. DIRECTLY OPPOSITE THE SITE, THERE IS A MIXED-USE HIGH RISE IN DEVELOPMENT WITH UNDERGROUND PARKING. ADDITIONALLY, PREPARATIONS FOR A REPLACEMENT BUILDING ARE BEING MADE TO A LOT SOUTHEAST OF THE SITE.

>l SHIFT

INTERCOMMUNITY HOUSING

CAN’TOWERS

2.0 | PLANNING RATIONALE

LAND USE MAP THIS MAP REVEALS THE DISTRIBUTION OF LAND USES AROUND THE SITE SUCH AS THE WESTBORO NEIGHBORHOOD NORTH OF CARLING AVENUE WHERE THE MAJORITY OF SINGLE-FAMILY RESIDENCES ARE. THE SITE IS FLANKED BY COMMERCIAL BUILDINGS TO THE EAST, WEST, AND SOUTH. BEYOND THAT ARE A FEW INSTITUTIONAL BUILDINGS SUCH AS SCHOOL AND HOSPITAL WHICH DO NOT HAVE ANY SPECIAL PATTERNS AND ARE SPREAD OUT.

LEGEND CIVIC & INSTITUTIONAL

RESIDENTIAL

COMMERCIAL (OFFICE + RETAIL)

MIXED USE (RESIDENTIAL OVER RETAIL)

HOTEL

SURFACE PARKING

PARK & OPEN SPACE

>l SHIFT

INTERCOMMUNITY HOUSING

SCALE 1:500

CAN’TOWERS

2.0 | PLANNING RATIONALE

DENSITY MAP THE AREAS SURROUNDING THE SITE ARE MOSTLY LOW-DENSITY RESIDENTIAL HOUSES WITH DENSITY RANGING FROM 20-80PPA. THE HIGHEST DENSITIES ARE IN THE OFFICE BUILDINGS EAST OF THE SITE THAT HAS A DENSITY OF 120PPA. IN TERMS OF BUILDING HEIGHTS, THE MAJORITY OF THE RESIDENTIAL BUILDINGS ARE SINGLE DETACHED FAMILY HOMES. THERE ARE A FEW LOW RISE APARTMENTS IDIRECTLY OPPOSITE THE SITE, NORTH OF CARLING AVENUE. THE OFFICE BUILDINGS TO THE EAST OF THE SITE ARE RESPONSIBLE FOR THE BUILDING HEIGHT DISPARITY. THESE OFFICE BUILDINGS ARE EASILY NOTICEABLE IN THIS AREA AS SOME ALMOST HAVE 30 STOREYS.

LEGEND BASED ON PEOPLE PER AREA >1200 PPA 80-200 PPA 20-80 PPA <20 PPA

>l SHIFT

INTERCOMMUNITY HOUSING

SCALE 1:500

CAN’TOWERS

2.0 | PLANNING RATIONALE

MAJOR AND MINOR CIRCULATION LEGEND MAJOR CIRCULATION CIRCULATION NODE

>l SHIFT

INTERCOMMUNITY HOUSING

SCALE 1:500

MINOR (STREETS ETC.)

CAN’TOWERS

2.0 | PLANNING RATIONALE

TRANSPORTATION ROUTE MAP PUBLIC TRANSIT TO THIS SITE IS VERY LIMITED. ONLY THE 50 AND 85 DIRECTLY CATER TO THIS AREA. VEHICULAR TRANSPORT IS THE MOST COMMON MEANS OF MOVEMENT FOR THE PEOPLE WHO LIVE HERE. FOR THAT REASON, CARLING AVENUE IS BUSY AND FAST-MOVING. THE SITE SITS BETWEEN TWO MAJOR ROADS THAT CONNECT OTTAWA'S DOWNTOWN TO THE SUBURBS IN THE WEST SUCH AS CARLINGWOOD AND NEPEAN. SOME BIKE NETWORKS AROUND THE SITE HAVE BEEN ESTABLISHED, MAINLY FROM THE NEIGHBORHOODS TO THE NORTH MOVING SOUTH.

LEGEND

>l SHIFT

INTERCOMMUNITY HOUSING

101/103

SCALE 1:500

CAN’TOWERS

2.0 | PLANNING RATIONALE

500 m

400 m

300 m

200 m

KEY DESTINATIONS MAP

100 m

THE SITE HAS A RANGE OF COMMERCIAL AND INSTITUTIONAL BUILDINGS. THE COMMERCIAL BUILDINGS ARE PREDOMINANTLY SMALL RESTAURANTS AND A FEW GROCERY STORES WHILE THE INSTITUTIONAL BUILDINGS FOUND ON THE SITE ARE SCHOOLS, CLINICS, AND OFFICES. RESTAURANTS, GROCERY STORES, AND CLINICS HAVE THE CLOSEST PROXIMITY TO THE SITE, AT LEAST ONE OF EACH IS WITHIN 100 METERS OF THE SITE, MOST OF THEM BEING LOCATED ALONG CARLING AVENUE. THE CLOSEST SCHOOL AND RELIGIOUS PLACES OF WORSHIP ARE APPROXIMATELY 200 METERS AWAY. THE LIMITATION OF THIS AREA IS THAT PARKS AND GREEN SPACES ARE FEW AND FAR AWAY, THE CLOSEST BEING 300 METERS AWAY.

50m

LEGEND COMMERCIAL

SCHOOLS

RETAIL

HOSPITAL/CLINIC

GROCERY STORE

RELIGIOUS PLACES

OTHER PARK

>l SHIFT

INTERCOMMUNITY HOUSING

PROXIMITY LINES

SCALE 1:500

INSTITUTIONAL

RESTAURANT

CAN’TOWERS

1.0 | DEVELOPMENT BRIEF 4.0 | UNDERGROUND PARKING PLAN

K J I

UP UP

H G 11 F UP

E D 21 C

GROSS FLOOR AREA

4100 SQM

FLOOR EFFICIENCY 100 PERCENT USAGE

PARKING GARAGE 1

71 PARKING SPACES WITH 5 HANDICAP SPACE

LOCKER STORAGE NON AVAILABLE SPACES

PARKING

BELOW GROUND

BIKE STORAGE NON AVAILABLE SPACES UNDERGROUND

>l SHIFT

INTERCOMMUNITY HOUSING

SCALE 1:500

CAN’TOWERS

| DEVELOPMENT BRIEF 4.01.0 | GROUND FLOOR PLAN

Commercial 1 58.6sqm

Commercial 2 61.9sqm

Conference Room 31.6sqm

Lobby

21 C

Office 24.5sqm

Wash Room

Mail Room

Commercial 3

Laundry 20.2sqm

Janitor Room

Bike Storage 42.4sqm

Wash Room

40.7sqm

Commercial 4

Wash Room

Ele. Ser.

Garbage Dump

66.4sqm

Mechanical

38.6sqm

53.2sqm

A 1 Commercial

Ammenities

3 Mechanical

GROSS FLOOR AREA 956 SQM

Office

AMENITIES

SALEABLE FLOOR AREA

FIFTH FLOOR

467 SQM

BIKE STORAGE 39 INDOOR BIKE STALLS 4 OUTDOOR BIKE STALLS

>l SHIFT

INTERCOMMUNITY HOUSING

SCALE 1:200

FLOOR EFFICIENCY 49 PERCENT USAGE

STRIP MALL The floor includes a small commercial strip open for the public.

CAN’TOWERS

1.0||DEVELOPMENT BRIEF 4.0 4TH FLOOR GARDEN FLOORPLAN

D Study Room

Study Room

Party Room

Rooftop Garden

21 C

Fitness Room

Theatre Room

Party Room

A 1

GROSS FLOOR AREA 4TH FLOOR - 286 sqm + GARDEN - 1138 sqm

Ammenities

FLOOR EFFICIENCY 83 PERCENT USAGE

SALEABLE FLOOR AREA 3RD FLOOR - 223 sqm ROOFTOP GARDEN

>l SHIFT

INTERCOMMUNITY HOUSING

The 4th floor is dedicated for residents usage and along with the amenities we added a 1138 sqm green roof that is accessible for residents 15

7.5

2.5

SCALE 1:500

CAN’TOWERS

4 .0 | 2ND - 3RD FLOOR LOFT FLOORPLAN

21 C

DN UP

1 Bedroom Loft

2 Bedroom Loft

A 1

DN DN

UP DN

GROSS FLOOR AREA 2ND FLOOR 1091sqm + 3RD FLOOR 761 sqm

SALEABLE FLOOR AREA 2ND FLOOR 891 + 3RD FLOOR 623 sqm Open to Below

LOFT UNITS 10 UNIT - 1 BEDROOM LOFT 120+ sqm units w/ washer dryer

>l SHIFT

INTERCOMMUNITY HOUSING

5 UNIT - 2 BEDROOM LOFT 15

7.5

2.5

SCALE 1:500

90+ sqm units w/ washer dryer

FLOOR EFFICIENCY 82 PERCENT USAGE

LOFT APARTMENTS The 2ND floor units are loft units that have a loft style upper floors open to the bottom areas are marked.

CAN’TOWERS

| DEVELOPMENT 4 .01.0 | 2ND - 3RD FLOOR BRIEF LOFT FLOORPLAN

LOFT APARTMENTS (2ND FLOOR) D

21 C

DN UP

A 1

LOFT APARTMENTS (3RD FLOOR)

DN DN

GROSS FLOOR AREA

956 SQM

SALEABLE FLOOR AREA 467 SQM

BIKE STORAGE 39 INDOOR BIKE STALLS 4 OUTDOOR BIKE STALLS

>l SHIFT

INTERCOMMUNITY HOUSING

SCALE 1:500

FLOOR EFFICIENCY 49 PERCENT USAGE

STRIP MALL The floor includes a small commercial strip open for the public.

CAN’TOWERS

1.0 BRIEF 4.0||DEVELOPMENT 5TH FLOOR AND UP FLOORPLAN

21 C

A 1

5 GROSS FLOOR AREA TOWER FLOORS (5th-13th)

1 Bedroom Unit

2 Bedroom Unit

FLOOR EFFICIENCY 91 PERCENT USAGE

480 sqm

Bachelor Unit

SALEABLE FLOOR AREA TOWER FLOORS (5th-13th) 444 sqm

APARTMENT UNITS 1 UNIT x 9 FLOOR - 1 BEDROOM UNIT 2 UNIT x 9 FLOOR - BACHELOR 50+ sqm units w/o washer dryer

>l SHIFT

INTERCOMMUNITY HOUSING

4 UNIT x 9 FLOOR - 2 BEDROOM UNIT 15

7.5

2.5

SCALE 1:500

65+ sqm units w/o washer dryer

30+ sqm units w/o washer dryer

< 57 3( 52 ' 3 ( 26 23 35

( /,1 7< (5 23 35

7 $/ 3+ $6 2) ,1( ( / 5( 18 17 9( &(

$5 1' 28 % ( /,1

$ ,1* 5/ &$

(;

/ ,1* ,/' %8 * 7,1

,1(

,6 2/ (0 ( ' 2 % 7

. $& 7% 6( * 1,1 =2

(' ,6+ 2/ (0 ( ' % 72 ( /,1 ,1* ,/' 8 % ,1* ,67

;,7 ),5( (

(;

5< / (17 (5&,$ &200

5 ),5(

/7 3+$ ) $6 ( 2 /,1 ( 75( &(1 287

,6 (;

$ 5( * $ ',1 2$ 6 / 8 * % 7,1

LDO PHUF O &RP HQWLD LG V H UH\ 5 6WR

5< / (17 (17,$ 5(6,'

P 3RGLX

O HQWLD HVLG UH\ 5 WR 6

;,7 ),5( (

< (175 $*( *$ 5%

( / 23 6 # 1 ' 3 5$0

/7 3+$

(7 75( '( 6 &/<

87( 52 9,&( 6(5

) $6 ( 2 /,1 75( &(1

87( 52 ),5(

+( / ,6 02 ( ' %( 72 ( /,1 ,1* ' ,/ %8 ,1* ,67 (;

-0

6,7( 3/$1

E U N E V A G N I L R CA

32 26

6 AS ARE

A SE E R A

N "B O I T C

T REE

T DE S CLY

"A" N O CTI

7 ARCHITECT SEAL:

IT IS THE RESPONSIBILITY OF THE APPROPRIATE CONTRACTOR TO CHECK AND VERIFY ALL DIMENSIONS ON SITE AND TO REPORT ALL ERRORS AND/OR OMISSIONS TO THE ARCHITECT.

DO NOT SCALE DRAWINGS.

The purpose of the AM – Arterial Mainstreet Zone is to:

ZONING PLAN PHASE 1 1 : 250

(1) accommodate a broad range of uses including retail, service commercial, offices, residential and institutional uses in mixed-use buildings or side by side in separate buildings in areas designated Arterial Mainstreet in the Official Plan; and (2) impose development standards that will promote intensification while ensuring that they are compatible with the surrounding uses.

PROJECT TITLE:

AM - Arterial Mainstreet Zone (Sections 185 and 186)

ALL CONTRACTORS MUST COMPLY WITH ALL PERTINENT CODES AND BY-LAWS. THIS DRAWING MAY NOT BE USED FOR CONSTRUCTION UNTIL SIGNED BY THE ARCHITECT.

NORTH ARROW:

SHIFT TOWERS 1660 CARLING AVE.

OTTAWA

ONTARIO

SHEET TITLE: DEVELOPER:

SITE PLAN DRAWN:

ARCHITECT:

N.A. SCALE:

1:500 PROJECT No.

0001

CHECKED:

J.M. SHEET No.

A-2

CAN’TOWERS

5.0 | DEVELOPMENT FINANCIAL SUMMARY

FINANCIAL SUMMARY % Equity

DEVELOPMENT EXPENSES 25%

Pre-Development

$4,370,538.30

Net Revenues

$42,879,344.00

Design and Planning

$1,606,409.81

Expenses (before interest)

$31,819,747.04

Permits and Development

$4,950,208.14

Profit (after interest) Number of Doors Profit per Door

$8,168,661.17 78 $104,726.43

Required Equity

$7,770,619.76

$23,311,859.29

Bank Loan Cash on Cash Return

105.12%

Return on Equity

551.81%

% LTC (Debt)

Construction

$18,069,581.45

Marketing and Sales Financing (w/ Interest)

$1,884,499.44 $63,860.00

Tarion

$615,500.00

LEED

$137,381.90

Total Financing

$31,697,979.04

75% SOURCE OF EQUITY FINANCING PACKAGE

Bank Loan @2.89% Interest Rate Equity Investment

$7,770,619.76

Total Financing

$31,082,479.05

>l SHIFT

INTERCOMMUNITY HOUSING

$23,311,859.29

Developer

$7,770,619.76

Total Financing

$7,770,619.76

2.89% of Interest on Bank Loan on an 18 Months Term

$2,890,935.79

Total Interest

$2,890,935.79

'HVFULSWLRQ

%XGJHW

*URVV &RVW 36)

6DOHDEOH &RVW 36)

*5266 )/225 $5($ VTIW

3HUFHQWDJH *5266 )/225 $5($ VTIW ORW

CAN’TOWERS

1RWHV

6RXUFHV

6$/($%/( )/225 $5($ VTIW

4.0 | 6.0 DESIGN | PRO-FORMA PACKAGE

3UH 'HYHORSPHQW /DQG

7LWOH DQG /DQG 5HVHDUFK

/RW 3ULFH IRU &DUOLQJ $YHQXH

5HDO (VWDWH $JHQW )HHV

/DQG 7UDQVIHU 7D[

/DQG 7LWOHV

ODQG WLWOHV DW ORW DQG )XOO 7LWOH 6HDUFKHV DW +67 SHU ORW

KWWS ZZZ RQWDULRWLWOHVHDUFK FD

ǚǚȏǡǡɶ

VTXDUH IRRW ORW # &DUOLQJ $YHQXH

'DWD WDNHQ IURP 5LR&DQ SUHYLRXV SXUFKDVH RI WKH VLWH

ǙȏǞǢɶ

6WDQGDUG 3ULFLQJ DW &RPPLVLRQ

KWWS UHDOHVWDWHFRPPLVVLRQ FD

ǙȏǜǙɶ

IRU /DQG 9DOXH H[FHHGLQJ

KWWSV ZZZ JHWZKDW\RXZDQW FD ODQG WUDQVIHU WD[

ǙȏǙǙɶ

SHU ORW IRU WKH ORW

&LW\ RI 2WWDZD /DQG 5HJLVWU\ 2IILFH

/HJDO /DQG &ORVLQJ )HH

Ǚȏǚǡɶ

RI 7RWDO ODQG FRVW

RWWDZDLVKRPH FRP

3URSHUW\ 7D[

ǙȏǚǢɶ

3URSHUW\ 7D[

RWWDZD FD

ǙȏǞǢɶ

RI 7RWDO ODQG FRVW

/HFWXUH 6OLGHV

ɆǜǝȏǠǝ

%URNHUDJH )HH 727$/ /$1' &267 FRVW SHU GRRU

7RWDO /DQG &RVW 'LYLGHG E\ 1XPEHU RI 8QLWV

0DUNHWLQJ DQG 6DOHV 0DUNHWLQJ $UFKLWHFWXUDO ' 0RGHO

3ULQWLQJ

6RFLDO 0HGLD 0DUNHWWLQJ 3URIHVVLRQDO %UDQGLQJ 3DFNDJH :HEVLWH 'HVLJQ DQG 0DLQWHQDQFH

ɆǙȏǛǝ

ɆǙȏǟǡ ɆǙȏǜǠ

ǙȏǚǠɶ

(VWLPDWH FRVW IRU KDYLQJ D VWRUH\ IXOO\ GHWDLOHG 0(3 PRGHO

6PDUWKRXVH &RQGRV 2WWDZD 8UEDQ &DSLWDO

3ULQWLQJ MRE LQFOXGHV ,QWHULRU EDQQHUV SODQV EXVLQHV FDUGV ERRNOHWV SUHVHQWDWLRQ IROGHUV LQIRUPDWLRQ GRFXPHQWV

GHVLJQ VWDSOHVFRS\DQGSULQW FD

ɆǙȏǙǞ

ɆǙȏǙǡ

,QVWDJUDP IRU DSSUR[ YLVLWRUV )DFHERRN IRU GD\V 7DUJHW YLVLWRUV GD\V

ɆǙȏǚǟ

ɆǙȏǛǞ

%UDQGLQJ 3DFNDJH EUDQG ZHEVLWH DQG PDUNHWLQJ FROODWHUDO 3DLG LQ PRQWKO\ LQVWDOOHPHQWV PRQWKV DW PRQWK

ZZZ LDQYDGLV FRP ZKDW ZH GR

Ǚȏǚǟɶ

$YHUDJH FRVW IRU GHVLJQLQJ ODXQFKLQJ DQG PDLQWDLQLQJ D SURIHVVLRQDO ZHEVLWH

KWWSV ZZZ ZHEI[ FRP +RZ PXFK VKRXOG ZHE VLWH FRVW KWPO

ǙȏǙǜɶ

$YHUDJH 3ULFLQJ IRU /DXQFK 3DUWLHV

KWWSV VNDWWHU FRP VKRXOG \RXU VWDUW XS KRVW D ODXQFK SDUW\

ǙȏǙǚɶ

7R SURPRWH D SDJH RQ )DFHERRN )DFHERRN $GYHUWLVVHPHQW DVNV IRU GD\ 7RWDOOLQJ WR URXJKO\ IRU \HDUV

ZZZ IDFHERRN FRP EXVLQHVV PDUNHWLQJ KWWSV ZZZ ZHEI[ FRP EORJ PDUNHWLQJ PXFK FRVW DGYHUWLVH JRRJOH DGZRUGV

ɆǙȏǝǙ

ɆǙȏǚǠ

$GYHUWLVLQJ /DXQFK 3DUW\

)DFHERRN $GYHUWLVHPHQW

ɆǙȏǙǡ ɆǙȏǙǜ

ɆǙȏǚǛ ɆǙȏǙǝ

ɆǙȏǝǙ

ɆǙȏǟǛ

*HQHUDOO\ VPDOO WR PLGVL]HG FRPSDQLHV ZLOO VSHQG WR SHU PRQWK RQ *RRJOH $GV )RU 0RQWKV

ɆǙȏǙǚ

ɆǙȏǙǛ

ǙȏǙǚɶ

GD\ &DOFXODWHG IRU \HDU

KWWSV ZZZ IDFHERRN FRP EXVLQHVV P LQVWDJUDP SURPRWLRQV SULFLQJ

ɆǙȏǟǚ

ɆǙȏǢǞ

$YHUDJH 6DODU\ IRU WKLV 3URIHVVLRQ IRU \HDU

KWWSV ZZZ SD\VFDOH FRP UHVHDUFK 86 -RE &RQVXOWDQW &B0DUNHWB5HVHDUFK 6DODU\

6DOHV 2IILFH 6HW 8S

ɆǙȏǛǟ

ɆǙȏǝǙ

SHU VTI WR RSHUDWH # &DUOLQJ $YHQXH 8QLW VTI

KWWSV ZZZ GLVWULFWUHDOW\ FRP FRPPHUFLDO SURSHUWLHV ZS FRQWHQW XSORDGV VLWHV &DUOLQJ $YH 5HWDLO 6SDFH IRU /HDVH SGI

6DOHV &HQWUH 5HQW

ɆǙȏǝǙ

ɆǙȏǜǚ

ǙȏǙǡɶ

5HQW &RVW SHU VTI # &DUOLQJ $YHQXH 8QLW VTI

,QWHUDFWLYH .LRVNV DQG 7HOHYLVLRQV

ɆǙȏǙǠ

ɆǙȏǚǚ

7RWDO 3ULFH IRU DQ ,QWHUDFWLYH 'LJL7RXFK 7DEOH 6FUHHQ DQG :DOO KWWSV ZZZ GLVSOD\V JR FD & 'LVSOD\ 0RQLWRUV $GYHUWLVLQJ 'LJLWDO 0DUNHWLQJ 6FUHHQV &RQWHQW 0RXQWHG 6FUHHQ 0DQDJHPHQW 2SWLRQV

2IILFH )XUQLWXUH

ɆǙȏǙǝ

ǙȏǙǚɶ

$SSUR[LPDWH DPRXQW IRU VHW RI RIILFH IXUQLWXUHV IRU ZRUNHUV

LNHD FD VWDSOHV FD

ɆǙȏǡǜ

Ǚȏǜǜɶ

$YHUDJH 6DODU\ IRU WKLV 3URIHVVLRQ IRU \HDU :RUNHUV

KWWSV ZZZ SD\VFDOH FRP UHVHDUFK &$ -RE 6DOHVB5HSUHVHQWDWLYH 6DODU\

5HVLGHQWLDO $VVXPLQJ WKH UHVLGHQWLDO XQLWV DUH VROG WKURXJK D EURNHU DW D WRWDO RI FRPPLVVLRQ EURNHUV VDOHV UHSUHVHQWDQWV DW HDFK [ XQLW SULFH

*RRJOH $GYHUWLVHPHQW ,QVWDJUDP $GYHUWLVHPHQW 0DUNHWLQJ &RQVXOWDQW 6DODU\ 6DOHV &HQWUH

6DOH 5HSUHVHQWDWLYH 6DODU\

%URNHUDJH &RPPLVVLRQV )HHV

5HVLGHQWLDO

SHIFT

INTERCOMMUNITY HOUSING

ɆǟȏǞǢ

ɆǚǙȏǛǚ

&RPPHUFLDO

ɆǟǢȐǠǛǡȏǝǞ

ɆǙȏǞǞ

ɆǙȏǡǟ

ǙȏǛǛɶ

&RPPHUFLDO FRPPLVVLRQ WR EH VSOLW EHWZHHQ WKH EURNHUV UHSUHVHQWLQJ WKH EX\HU DQG WKH VHOOHW [ &RPPHUFLDO VDOHV UHYHQXH

ɆǜȏǜǙ

ɆǞȏǚǙ

ǚȏǜǙɶ

5HVLGHQWLDO $VVXPLQJ RI WKH UHVLGHQWLDO XQLWV DUH VROG WKURXJK D FR EURNHU DW WRWDO RI FRPPLVVLRQ FR ZRUNHU DW

&R %URNHUDJH &RPPLVVLRQV )HHV 5HVLGHQWLDO )RU 6DOH &RPPHUFLDO 8QLWV

ɆǙȏǜǟ

ɆǙȏǞǞ

Ǚȏǚǝɶ

KRXUV IRU KU

KWWSV ZZZ PDFNHZODZ FRP UHDO HVWDWH

)RU 6DOH 5HVLGHQWLDO 8QLWV

ɆǙȏǞǡ

ǙȏǚǞɶ

XQLWV IRU XQLW

KWWSV ZZZ PDFNHZODZ FRP UHDO HVWDWH

ɆǚǝȏǢǡ

727$/ 0$5.(7,1* &267

7DULRQ

1HZ +RPH %XLOGHU 5HJLVWUDWLRQ )HHV

:DUUDQW\ (QUROOPHQW )HHV 6HFXULW\ 'HSRVLW

ɆǙȏǙǛ

ɆǙȏǙǜ

)L[HG SULFH

KWWSV ZZZ WDULRQ FRP VLWHV GHIDXOW ILOHV $SSOLFDWLRQ IRU 5HJLVWUDWLRQ ,QIRUPDWLRQ 6KHHW -DQ B SGI

ɆǙȏǙǙ

ǙȏǙǙɶ

%DVHG RQ HDFK XQLW VDOH SULFH

KWWSV ZZZ WDULRQ FRP EXLOGHUV EXLOGLQJ KRPHV FRQGRPLQLXPV ZDUUDQW\ HQUROPHQW IHHV

ɆǝȏǝǞ

ɆǟȏǡǢ

ǙȏǞǢɶ

'HSRVLW RI XQLW 7RWDO RI XQLWV

KWWSV ZZZ WDULRQ FRP KRPHRZQHUV PDNLQJ SXUFKDVH GHSRVLW SURWHFWLRQ KWWSV ZZZ WDULRQ FRP UHVRXUFHV SXEOLFDWLRQV FRQVWUXFWLRQ SHUIRUPDQFH JXLGHOLQHV QHZ KRPHV DQG FRQGRPLQLXP XQLWV

,QVSHFWLRQ )HHV

ɆǙȏǜǚ

ɆǙȏǝǡ

$VVXPLQJ PRGHUDWH LQVSHFWLRQV IRU QHZ EXLOGHUV LQ JRRG VWDQGLQJ 3ULFHG DW XQLWV WRWDO RI XQLWV ,QVSHFWLRQ IHHV UHTXLUHG

7DULRQ /HJDO

ɆǙȏǚǚ

$VVXPLQJ D IHH RI KU DQG KRXUV RI ZRUN

KWWSV ZZZ WDULRQ FRP UHVRXUFHV SXEOLFDWLRQV FRQVWUXFWLRQ SHUIRUPDQFH JXLGHOLQHV QHZ KRPHV DQG FRQGRPLQLXP XQLWV

ɆǝȏǡǢ

727$/ 7$5,21 &267

/((' /((' 5HJLVWUDWLRQ DQG &HUWLILFDWLRQ

ɆǙȏǙǢ

ɆǙȏǚǝ

5HJLVWUDWLRQ )HH &HUWLILFDWLRQ )HH # SHU VTP

KWWSV ZZZ FDJEF RUJ &$*%& 3URJUDPV /((' /(('B3URMHFWB)HHV DVS[

/((' )HHV

ɆǚȏǙǙ

ɆǚȏǞǞ

ǙȏǝǙɶ

SHU VTIW

/HFWXUH

727$/ /((' &267

ɆǚȏǙǢ

ɆǚȏǟǢ

&RQVWUXFWLRQ

'HPROLWLRQ &RVW 3DUNLQJ

ɆǙȏǞǚ

ɆǙȏǠǢ

KU SHU ZRUNHU KUV GD\ GD\V ZRUNHUV D GD\ IRU HTXLSPHQW UHQWDO

ɆǜǜȏǜǛ

ǚǜȏǚǡɶ

$YHUDJH SHU VTIW )UHHVWDQGLQJ 3DUNLQJ *DUDJHV %HORZ *UDGH

5HVLGHQWLDO

ɆǢǞȏǚǝ

ǜǠȏǟǛɶ

$YHUDJH SHU VTIW &RQYHUWHG DQG $YHUDJHG &RQGRPLQLXPV $SDUWPHQWV

&RPPHUFLDO

ɆǠȏǝǟ

ɆǚǚȏǞǞ

ǛȏǢǞɶ

$YHUDJH SHU VTIW &RQYHUWHG DQG $YHUDJHG &RPPHUFLDO 6SDFHV

$SSOLDQFHV &RQVWUXFWLRQ &RQWLQJHQF\ 727$/ &216758&7,21 &267

$OWKXV &DQDGLDQ &RVW *XLGH S

ɆǙȏǙǝ

ɆǙȏǙǟ

ǙȏǙǚɶ

5HIHU WR $SSHQGL[ % IRU GHWDLOHG OLVW

KWWS KRPHGHSRW FRP

$VVXPH RI 7RWDO &RQVWUXFWLRQ &RVW

KWWS ZZZ RQWDULRFRQWUDFWRUV FRP FRVWV KWP

ɆǜǙȏǙǞ

ɆǛǛǛȏǜǛ

ǞǟȏǡǙɶ

'HVLJQ DQG 3ODQQLQJ

3URIHVVLRQDO 'HVLJQ )HHV

ɆǠȏǙǝ

ɆǚǙȏǡǢ

ǛȏǠǡɶ

RI FRQVWUXFWLRQ FRVW ZRUNLQJ IURP SUH GHVLJQ WKURXJK FRQVWUXFWLRQ VWDJHV SULQFLSDO SOD\HU

UDLF RUJ

6WUXFWXUDO (QJLQHHU

ɆǙȏǠǛ

Ɇǚȏǚǚ

ǙȏǛǡɶ

RI FRQVWUXFWLRQ FRVW

UDLF RUJ

0HFKDQLFDO DQG (OHFWULFDO (QJLQHHU

Ɇǚȏǚǚ

RI FRQVWUXFWLRQ FRVW

UDLF RUJ

&LYLO (QJLQHHU

Ɇǚȏǚǚ

ǙȏǛǡɶ

RI FRQVWUXFWLRQ FRVW

UDLF RUJ

$UFKLWHFW

*HRWHFKQLFDO &RQVXOWDQW

ɆǙȏǚǜ

ǙȏǙǞɶ

,QFOXGHV VLWH YLVLW GULOOLQJ DQG VDPSOLQJ RYHU FRXUVH RI PRQWK

0F,QWRVK 3HUU\

(QYLURQPHQWDO (QJLQHHU

ǙȏǛǡɶ

RI FRQVWUXFLRQ FRVW

0LQWR *URXS

7UDIILF &RQVXOWDQW

ǙȏǙǢɶ

(VWLPDWHG 3RIHVVLRQDO )HHV

0LQWR *URXS

3URMHFW 0DQDJHU

ɆǙȏǟǝ

(VWLPDWHG 3RIHVVLRQDO )HHV

,%, *URXS $UFKLWHFWV

ɆǙȏǙǚ

&DOFXODWHG XVLQJ VLPLODU FRVWV

KWWSV ZZZ KRPHDGYLVRU FRP FRVW DUFKLWHFWV DQG HQJLQHHUV KLUH D ODQG VXUYH\RU

/DQGVFDSH $UFKLWHFW

ɆǙȏǜǟ

(VWLPDWHG 3RIHVVLRQDO )HHV

,%, *URXS $UFKLWHFWV

,QWHULRU 'HVLJQHU

ɆǙȏǟǙ

ɆǙȏǢǛ

(VWLPDWHG 3RIHVVLRQDO )HHV

,%, *URXS $UFKLWHFWV

'LVEXUVHPHQW )HH

ɆǙȏǛǟ

ǙȏǞǢɶ

RI 7RWDO 3URIHVVLRQDO )HHV

-HIIHU\ 6DORPRQ

&RQWLQJHQF\

ɆǙȏǢǢ

RI 7RWDO 3URIHVVLRQDO )HHV

-HIIHU\ 6DORPRQ

ɆǚǛȏǠǠ

ɆǚǢȏǠǟ

/DQG 6XUYH\RU

727$/ 352)(66,21$/ )((6

3HUPLWV DQG 'HYHORSPHQW &KDUJHV

6LWH 3ODQ $SSOLFDWLRQ DQG 5HYLHZ )HHV

ɆǙȏǛǙ

ɆǙȏǜǙ

)L[HG )HH

KWWSV RWWDZD FD HQ SODQQLQJ GHYHORSPHQW DQG FRQVWUXFWLRQ GHYHORSLQJ SURSHUW\ GHYHORSPHQW DSSOLFDWLRQ UHYLHZ SURFHVV GHYHORSPHQW DSSOLFDWLRQ VXEPLVVLRQ IHHV DQG IXQGLQJ SURJUDPV GHYHORSPHQW DSSOLFDWLRQ IHHV IHHV UHODWHG SODQQLQJ DSSOLFDWLRQV

,QLWLDO &RQVHUYDWLRQ DQG $XWKRULW\ )HHV

)L[HG )HH

ɆǙȏǙǜ

ɆǙȏǙǝ

)L[HG )HH

+\GUR 2WWDZD /HY\

(VWLPDWHG )HH

+\GUR 2WWDZD

%XLOGLQJ 3HUPLW

Ɇǚȏǟǟ

SHU *)$ LQ VTIW

KWWSV GRFXPHQWV RWWDZD FD VLWHV GRFXPHQWV ILOHV JURVVBIORRUBIHHBVNHGB BHQ SGI

,QLWLDO 'HVLJQ 5HYLHZ DQG ,QVSHFWLRQ )HHV 3XEOLF &RQVXOWDWLRQ ZLWK &RQFXUUHQW 6LWH 3ODQ )HHV

'HPROLWLRQ 3HUPLW

Ɇǚǚȏǡǚ

ǜȏǙǛɶ

IRU WKH ILUVW VTIW RI *)$ SHU DGGLWLRQDO VTIW VTIW &DQDGLDQ 7LUH WR EH 5HPRYHG

(GXFDWLRQ &KDUJH

ɆǛȏǞǠ

SHU QHZ GZHOOLQJ XQLW 8QLWV

KWWSV RWWDZD FD HQ SODQQLQJ GHYHORSPHQW DQG FRQVWUXFWLRQ GHYHORSLQJ SUR SHUW\ GHYHORSPHQW DSSOLFDWLRQ UHYLHZ SURFHVV GHYHORSPHQW DSSOLFDWLRQ VXE PLVVLRQ IHHV DQG IXQGLQJ SURJUDPV GHYHORSPHQW FKDUJHV IHH VFKHGXOH HIIH FWLYH PD\

3DUNODQG )HH

ɆǚȏǝǙ

RI WKH /DQG 9DOXH $SSUDLVDO )HH

KWWSV ZZZ KRPHDGYLVRU FRP FRVW DUFKLWHFWV DQG HQJLQHHUV KLUH D ODQG VXUYH\RU

ɆǙȏǙǙ

)L[HG )HH

ɆǙȏǙǚ

ɆǙȏǙǛ

)L[HG )HH

5HVLGHQWLDO 'HYHORSPHQW &KDUJH

ɆǢȏǙǝ

ɆǚǜȏǢǢ

SHU %'50 XQLWV DQG SHU %'50 XQLWV LQVLGH WKH JUHHQEHOW

KWWSV RWWDZD FD HQ SODQQLQJ GHYHORSPHQW DQG FRQVWUXFWLRQ GHYHORSLQJ SUR SHUW\ GHYHORSPHQW DSSOLFDWLRQ UHYLHZ SURFHVV GHYHORSPHQW DSSOLFDWLRQ VXE PLVVLRQ IHHV DQG IXQGLQJ SURJUDPV GHYHORSPHQW FKDUJHV IHH VFKHGXOH HIIH FWLYH PD\

1RQ LQGXVWULDO 8VDJH &KDUJHV

ɆǛǞȏǠǡ

SHU VTIW

KWWSV RWWDZD FD HQ SODQQLQJ GHYHORSPHQW DQG FRQVWUXFWLRQ GHYHORSLQJ SUR SHUW\ GHYHORSPHQW DSSOLFDWLRQ UHYLHZ SURFHVV GHYHORSPHQW DSSOLFDWLRQ VXE PLVVLRQ IHHV DQG IXQGLQJ SURJUDPV GHYHORSPHQW FKDUJHV IHH VFKHGXOH HIIH FWLYH PD\

ɆǙȏǛǙ

(VWLPDWHG )HH

0LQWR *URXS

ɆǜǢȏǜǝ

ɆǟǙȏǡǢ

5RDG &XWWLQJ 3HUPLW 'HYHORSPHQW 6LJQ

5H]RQLQJ $PHQGPHQWV 727$/ 3(50,7 $1' &+$5*(6

)LQDQFLQJ

&RPPLWPHQW )HH

ɆǞǡȐǛǠǢȏǟǞ

ɆǙȏǝǟ

ɆǙȏǠǛ

RI WKH SURPLVHG ORDQ DPRXQW

KWWS ZZZ EXVLQHVVGLFWLRQDU\ FRP GHILQLWLRQ FRPPLWPHQW IHH KWPO

4XDQWLW\ 6XUYH\RU

ɆǙȏǛǜ

SHU XQLW

0LQWR *URXS

/HJDO )LQDQFLQJ

ɆǙȏǛǡ

ɆǙȏǝǜ

KRXU IRU KRXUV

,QWHUHVW

ɆǞȏǜǞ

ɆǡȏǛǢ

,QWHUHVW 5DWH

727$/ 352)(66,21$/ )((6

Ɇǟȏǜǜ

ɆǢȏǠǢ

727$/ &267

KWWSV ZZZ UDWHKXE FD EHVW PRUWJDJH UDWHV \HDU IL[HG" VFHQDULR SXUFKDVH KRPHBSULFH GRZQBSD\PHQWBSHUFHQW DPRXQW DPRUWL]DWLRQ OLYHBLQBSURSHUW\ WUXH SUHBDSSURYDO IDOVH

CAN’TOWERS

7.0 | REVENUE SUMMARY

Unit Type 2 Bedroom Loft (201) 2 Bedroom Loft (202) 2 Bedroom Loft (203) 2 Bedroom Loft (204) 1 Bedroom Loft (205) 1 Bedroom Loft (206) 1 Bedroom Loft (207) 1 Bedroom Loft (208) 2 Bedroom Loft (209) 2 Bedroom Loft (210) 2 Bedroom Loft (211) 2 Bedroom Loft (212) 2 Bedroom Loft (213) 2 Bedroom Loft (214) 1 Bedroom Loft (215) Bachelor 1 Bedroom + 1 Bath 2 Bedroom + 1 Bath TOTAL CRU1 CRU2 CRU3

TOTAL

CRU4

>l SHIFT

INTERCOMMUNITY HOUSING

Number of Units

1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 18 9 36 78 1 1 1 1 4

Average Area (sqft)

1022 996 1104 1242 2094 1526 2040 1746 1594 1574 1326 1152 1824 1148 1950 427 864 906.25

630.76 666.29 438.09 714.72

Total Area (sqft)

1022 996 1104 1242 2094 1526 2040 1746 1594 1574 1326 1152 1824 1148 1950 7686 7776 32625 70425 630.76 666.29 438.09 714.72 2449.86

Average Price

$554,250.00 $543,000.00 $595,250.00 $666,000.00 $1,199,950.00 $885,300.00 $1,166,250.00 $1,006,300.00 $840,250.00 $832,000.00 $706,250.00 $621,000.00 $958,250.00 $618,350.00 $1,121,500.00 $296,969.44 $531,250.00 $530,975.69

TOTAL REVENUE

Total Value $554,250.00 $543,000.00 $595,250.00 $666,000.00 $1,199,950.00 $885,300.00 $1,166,250.00 $1,006,300.00 $840,250.00 $832,000.00 $706,250.00 $621,000.00 $958,250.00 $618,350.00 $1,121,500.00 $5,345,450.00 $4,781,250.00 $19,115,125.00 $41,555,725.00 $397,858.18 $443,942.36 $191,922.85 $510,824.68 $1,544,548.07 $43,100,273.07

CAN’TOWERS 7.0 | UNIT PRICING

8QLW

8QLW 7\SH

%HGURRP /RIW

)ORRU

5HQW VTIW

%DVH 5DWH

%DVHOLQH

9LHZ 3UHPLXP

+HLJKW 3UHPLXP

6XQ 3UHPLXP

%DOFRQ\ 3UHPLXP

3DUNLQJ 5HYHQXH

727$/ $GMXVWHG 5DWHV 6DOH 3ULFH SHU VTIW

%HGURRP /RIW

%DFKHORU

%HGURRP %DWK

%DFKHORU

%HGURRP %DWK

%DFKHORU

%HGURRP %DWK

%DFKHORU

%HGURRP %DWK

>l SHIFT

INTERCOMMUNITY HOUSING

%DFKHORU

%HGURRP %DWK

%DFKHORU

%HGURRP %DWK

%DFKHORU

%HGURRP %DWK

%DFKHORU

%HGURRP %DWK

%DFKHORU

%HGURRP %DWK

%DFKHORU

8QLW

5HQW VTIW

727$/

%DVH

%DVHOLQH

9LHZ 3UHPLXP

+HLJKW 3UHPLXP

6XQ 3UHPLXP

%DOFRQ\ 3UHPLXP

3DUNLQJ 5HYHQXH

727$/ $GMXVWHG 5DWHV 6DOH 3ULFH SHU VTIW

CAN’TOWERS CAN’TOWERS

| TARION 4.0 | DESIGN8.0 PACKAGE

SHIFT >l>lSHIFT

INTERCOMMUNITY HOUSING INTERCOMMUNITY HOUSING

>l SHIFT

CAN’TOWERS

INTERCOMMUNITY HOUSING MAY '20

DATE

PREDEVELOPMENT

MONTHS WEEK

SCHEMATIC DESIGN DESIGN DEVELOPMENT CONSTRUCTION DRAWINGS SITE PREP AND SUB-GRADE CONSTRUCTION ABOVE-GRADE CONSTRUCTION

ELECTRICAL, MECHANICAL & PLUMBING

FINAL INSPECTIONS MOVE IN AND CLOSE UP

MARKETING AND PRE SALE

JUNE

1 1

DUE DILIGENCE

FINISHES AND LANDSCAPING

10.0 | PROJECT TIMELINE / SCHEDULE JULY

2 3

AUGUST

3 7

SEPTEMBER

4 11

5 19

OCTOBER

NOVEMBER

6 20

7 28

DECEMBER

JANUARY

8 29

9 37

FEBRUARY

MARCH

10 38

11 46

APRIL '21

MAY '21

12 47

JUNE

13 51

JULY

14 55

AUGUST

15 59

SEPTEMBER

16 63

17 71

>l SHIFT

CAN’TOWERS

INTERCOMMUNITY HOUSING OCTOBER

NOVEMBER

18 75

19 80

DECEMBER

JANUARY

20 81

10.0 | PROJECT TIMELINE / SCHEDULE

21 89

FEBRUARY

MARCH

22 90

23 98

APRIL '22

MAY '22

JUNE

JULY

AUGUST

SEPTEMBER

OCTOBER

NOVEMBER

DECEMBER

JANUARY

FEBRUARY

MARCH

APRIL '23

24 25 26 27 28 29 30 31 32 33 34 35 36 100 101 102 103 104 105 106 107 108 109 110 111 112 113 114 115 116 117 118 119 120 121 122 123 124 125 126 127 128 129 130 131 132 133 134 135 136 137 138 139 140 141 142 143 144 145 146 147 148 149 150 151 152 153 154 155 156

DŽŶƚŚƐ

ƵĚŐĞƚ

ĞǀĞůŽƉĞƌΖƐ ĞƋƵŝƚǇ >ŽĂŶ ϮϬй ǁŝƚŚĚƌĂǁĂů

>ŽĂŶ ϴϬй ǁŝƚŚĚƌĂǁĂů

>ŽĂŶ ϭϬϬй ǁŝƚŚĚƌĂǁĂů

ɆǝȐǟǟǛȐǜǠǚȏǡǟ

ŽŵŵŝƚŵĞŶƚ &ĞĞ

ɆǞǡȐǛǠǢȏǟǞ

>ĞŐĂů ĨĞĞƐ

>ŽĂŶ ƌĞƉĂǇŵĞŶƚ ƉƌŝŶĐŝƉĂů >ŽĂŶ ƌĞƉĂǇŵĞŶƚ ŝŶƚĞƌĞƐƚ ΛϮ͘ϴϵй

>ĂŶĚ WƵƌĐŚĂƐĞ ƵĞ ĚŝůŝŐĞŶĐĞ ĂŶĚ ƌĞůĂƚĞĚ ĐŽƐƚƐ

ɆǜȐǠǡǙȐǝǡǡȏǡǙ ɆǛǚǚȐǠǜǢȏǡǙ

WƌŽĨĞƐƐŝŽŶĂů ĞƐŝŐŶ ĨĞĞƐ

ɆǚȐǟǙǟȐǝǙǢȏǡǚ

WĞƌŵŝƚƐ Θ ĞǀĞůŽƉŵĞŶƚ ĐŚĂƌŐĞƐ

ɆǝȐǢǞǙȐǛǙǡȏǚǝ

WƌŽĨĞƐƐŝŽŶĂů ĐŽŶƐƚƌƵĐƚŝŽŶ ĨĞĞƐ

9.0 | CASH FLOW

DYHUDJHG SD\PHQW IRU GHWDLOHG /RDQ EUHDNGRZQ VHH /RDQ $PPRUWL]DWLRQ

>ĂŶĚ ƐƐĞƐƐŵĞŶƚ

CAN’TOWERS

^ĂůĞƐ ĐĞŶƚƌĞ

ƌŽŬĞƌĂŐĞ

DYHUDJHG SD\PHQW IRU GHWDLOHG /RDQ EUHDNGRZQ VHH /RDQ $PPRUWL]DWLRQ

ĚǀĞƌƚŝƐĞŵĞŶƚ

ŽŶƐƵůƚĂŶĐǇ ^ĂůĞƐ ĐĞŶƚƌĞ ƐƚĂĨĨŝŶŐ

ɆǚǜǠȐǜǡǚȏǢǙ

dĂƌŝŽŶ

ɆǟǚǞȐǞǙǙȏǙǙ

ƌĞƐŝĚĞŶƚŝĂů ƉƌĞƐĂůĞ ;/ŶĐůƵĚŝŶŐ ƉĂƌŬŝŶŐ ĂŶĚ ƐƚŽƌĂŐĞ ůŽĐŬĞƌƐͿ ĚĞƉŽƐŝƚƐ͕ ĨŝƌƐƚ ŝŶƐƚĂůůŵĞŶƚ͕ ϳϬй ƐŽůĚ ďĞĨŽƌĞ ĐŽŶƐƚƌƵĐƚŝŽŶ ďĞŐŝŶƐ

ɆǝȐǚǞǞȐǝǠǠȏǞǙ

ϳϬй ƌĞƐŝĚĞŶƚŝĂů ƉƌĞƐĂůĞ ĚĞƉŽƐŝƚƐ͕ ƐĞĐŽŶĚ ŝŶƐƚĂůůŵĞŶƚ

ɆǝȐǚǞǞȐǝǠǠȏǞǙ

ϳϬй ƌĞƐŝĚĞŶƚŝĂů ƉƌĞƐĂůĞ ĚĞƉŽƐŝƚƐ͕ ƚŚŝƌĚ ŝŶƐƚĂůůŵĞŶƚ

ɆǝȐǚǞǞȐǝǠǠȏǞǙ

ZĞŵĂŝŶŝŶŐ ƌĞƐŝĚĞŶƚŝĂů ƐĂůĞƐ͕ ƉĂǇŵĞŶƚ ƵƉŽŶ ĐŽŵƉůĞƚŝŽŶ

>l SHIFT ŽŵŵĞƌĐŝĂů

INTERCOMMUNITY HOUSING ĂůĂŶĐĞ ; ĞŶĚ ŽĨ ŵŽŶƚŚͿ

ɆǚȐǜǢǝȐǞǟǢȏǙǙ

ɆǜȐǢǡǢȐǡǠǙȏǛǙ

ɆǛȐǚǞǠȐǝǡǜȏǚǠ

ɆǝȐǟǟǛȐǜǠǚȏǡǟ

ɆǚǡȐǚǠǙȐǛǛǠȏǟǡ

ɆǚǞȐǞǙǚȐǙǛǚȏǡǙ

ɆǚǛȐǡǜǚȐǡǚǞȏǢǛ

ɆǚǝȐǡǛǝȐǢǡǚȏǢǙ

ɆǝȐǚǞǞȐǝǠǠȏǞǙ

ɆǞȐǙǛǛȐǝǝǜȏǠǝ

ɆǜȐǙǞǟȐǚǟǝȏǢǠ

ɆǞȐǛǙǢȐǞǞǙȏǜǛ

ɆǠȐǞǜǜȐǚǡǚȏǞǙ

ɆǝȐǚǞǞȐǝǠǠȏǞǙ

ɆǢȐǝǢǠȐǝǡǛȏǟǝ

ɆǟȐǡǜǢȐǚǡǢȏǛǟ

ɆǡȐǜǜǟȐǜǠǜȏǜǡ

ɆǞȐǟǠǡȐǙǡǙȏǙǙ

ɆǜȐǙǚǢȐǠǡǟȏǟǛ

DYHUDJHG SD\PHQW IRU GHWDLOHG /RDQ EUHDNGRZQ VHH /RDQ $PPRUWL]DWLRQ

ɆǝȐǚǞǞȐǝǠǠȏǞǙ

ɆǚȐǜǢǝȐǞǟǢȏǙǙ

ɆǚǛȐǚǡǙȐǝǝǜȏǡǟ

ɆǚǝȐǞǙǝȐǙǠǞȏǙǝ

CAN’TOWERS

11.0 | GO / NO-GO CRITERIA

CRITERIA 1

4 5

IF SITE ANALYSIS EVALUATES THE PROPERTY UNFIT FOR THE PROJECT: - Consider redesign if pros outweigh the cons - If design cannot be adjusted, broaden search for suitable site similar to current one If no appropriate site can be found, project is a NO-GO IF LAND IS TOO EXPENSIVE: - Attempt to haggle with property owner for lower price - If owner will not accept lower price, consider possibility of purchasing a portion of site to adjust project If total land expense is greater than $5 mill for any purchase, project is a NO-GO IF THERE IS NO DEMAND FOR DEVELOPMENT: - Revise market strategy to develop for another niche - Reconsider unit breakdown and pricing - Survey community for interest and involvement If project proposal does not demonstrate interest after redesign, project is a NO-GO IF THE SITE PLAN CONTROL APPLICATION IS NOT APPROVED: - Review and revise project requirements to meet criteria - If site plan remains unapproved, project is a NO-GO IF THE PROJECT EXCEEDS FINANCIALLY FEASIBILTY: - A profit greater than 20% indicates the project is a worthwhile investment - If ratio of profit to developer equity is unreasonable, review pro forma for cost reduction or increased revenue without compromising sale likelihood. If profit remains than 20%, project is a NO-GO - If cash-on-cash return less than 100%, review pro forma for cost reduction or increased revenue without compromising sale likelihood. If return remains than 100%, project is a NO-GO

>l SHIFT

PROJECT START

INTEREST RATES ON BANK LOANS INCREASE: 6 IF- Conduct pro forma and financial analysis prior to significant financial commitments to ensure feasibility - Acquire contingency funds for additional funding in the even of interest rates increasing If interest rates rise above 12% during planning process, project is a NO-GO CONTRACTOR BIDS ARE UNSATISFACTORY: 7 IF- Revise design and re-collect bids and incentivize project interest - Expand search for contractors beyond intial inquiry If bids remain unsatisfactory, project is a NO-GO 70% OF PRE-SALE UNITS ARE UNACCOUNTED FOR: 8 IF- Rationalize marketing strategy to target intended audience - Decide whether it is feasible to extend sale period before construction If insufficient funding through pre-sales cannot cover the project, it is too late to abort, and must resume as a GO FUNDING RUNS OUT: 9 IF- Consider increasing prices of unsold units to acquire more funds - Prioritize repaying investors so debt does not generate overwhelming interest - Attempt to sell remaining units to cut losses If funding runs out through the project, it is too late to abort, and must resume as a GO

GO GO GO GO GO GO

1 2 3 4 6 5

PREDEVELOPMENT

DESIGN DEVELOPMENT

FINANCIAL PLANNING

BID & CONTRACT AWARD

7 8 9

CONSTRUCTION

CLOSE-OUT & TAKE-OVER

PROJECT FINISH

INTERCOMMUNITY HOUSING

CAN’TOWERS

5.0 | DEVELOPMENT FINANCIAL SUMMARY

FINANCIAL SUMMARY % Equity

DEVELOPMENT EXPENSES 25%

Pre-Development

$4,370,538.30

Net Revenues

$42,879,344.00

Design and Planning

$1,606,409.81

Expenses (before interest)

$31,819,747.04

Permits and Development

$4,950,208.14

Profit (after interest) Number of Doors Profit per Door

$8,168,661.17 78 $104,726.43

Required Equity

$7,770,619.76

$23,311,859.29

Bank Loan Cash on Cash Return

105.12%

Return on Equity

551.81%

% LTC (Debt)

Construction

$18,069,581.45

Marketing and Sales Financing (w/ Interest)

$1,884,499.44 $63,860.00

Tarion

$615,500.00

LEED

$137,381.90

Total Financing

$31,697,979.04

75% SOURCE OF EQUITY FINANCING PACKAGE

Bank Loan @2.89% Interest Rate Equity Investment

$7,770,619.76

Total Financing

$31,082,479.05

>l SHIFT

INTERCOMMUNITY HOUSING

$23,311,859.29

Developer

$7,770,619.76

Total Financing

$7,770,619.76

2.89% of Interest on Bank Loan on an 18 Months Term

$2,890,935.79

Total Interest

$2,890,935.79

CAN’TOWERS

12.0 | LOAN AMMORTIZATION

Loan Ammortization Original Loan

$23,311,859.29 18 Months

Loan Term

2.89%

Annual Interest Rate Total Repaid

$23,985,572.02

Payments per Year

$15,990,381.35 $1,332,531.78

Monthly Payment Month

CanWise Financial

Regular Payment

Interest

Principle

Balance

Notes

$4,662,371.86

4 5

$21,590.89

$134,742.55

$4,527,629.31

$21,590.89

$130,848.49

$4,396,780.83

$21,590.89

$127,066.97

$4,269,713.86

$1,316,694.16

$123,394.73

$1,193,299.43

$1,316,694.16

$489,569.91

$827,124.25

$15,623,441.11

$1,316,694.16

$451,517.45

$865,176.71

$14,306,746.95

$1,316,694.16

$413,464.99

$903,229.17

$12,990,052.79

$1,316,694.16

$375,412.53

$941,281.63

$7,010,986.77

$1,316,694.16

$202,617.52

$1,114,076.64

$5,694,292.61

$1,316,694.16

$164,565.06

$1,152,129.10

$4,377,598.45

$1,316,694.16

$126,512.60

$1,190,181.56

$3,060,904.29

$1,316,694.16

$88,460.13

$1,228,234.03

$1,744,210.13

$1,316,694.16

$50,407.67

$1,266,286.49

$427,515.97

$12,355.21

$415,160.76

$0.00

>l SHIFT

First Installment

Second Installment +

$16,940,135.27 Monthly Payment Begins

Final Installment

INTERCOMMUNITY HOUSING

APPENDIX B MARKET DRAWING

>l SHIFT

INTERCOMMUNITY HOUSING

CAN’TOWERS

13.0 | APPENDIX B

CAN’TOWERS

APPENDIX B

FINISH SCHEDULE - TIER 1

4.0 | DESIGN PACKAGE

FINISHES

APPLIANCES

PRIMER

BEHR, ACRYLIC Dry wall Primer, 18.9L

$7.99

PAINT

BEHR PRO i100 Series Interior Paint Eggshell White Base, 18.96L

$ 112.37

TILE

Naturi Lagos 13.1”x13.1” Ceramic Tile in Beige

($ 1.13/sq.ft) $ 187.58

KITCHEN BACKSPLASH

Daltile, Finesse 3-inch x 6-inch Ceramic Modular Wall Tile in White

($ 2.72/sq.ft)

LAMINATE FLOORING

Goodfellow Pine Creek Montrose 5-in W x 4-ft L Embossed Wood Plank Laminate Flooring

($ 1.19/sq.ft)

LIGHTING FIXTURE KITCHEN FAUCET KITCHEN SINK

BAZZ Slim Disk Smart Wi-Fi LED Recessed Light Fixture - 6-in - RGB and White

Project Source 2-Handle Kitchen Faucet

$ 53.30

$ 508.50 $ 39.99 $ 21.40

Kindred Drop-In Kitchen Sink

$ 119.00

TOILET

Project Source White High Efficiency WaterSense 2-Piece Round Toilet (1.28 GPF)

$ 99.00

BATHROOM FAUCET

AquaSource Matte Black 1-Handle Single Hole 4-inBathroom Sink Faucet

$ 79.99

BATHROOM VANITY

Avanity Allie 37-in Vanity Combo, ALLIE-VS37-TGG-D

SHOWER -TUB

Style Selections Sapphire White Acrylic Rectangular Skirted Bathtub ( 32-in x 60-in; Actual: 19-in x 32-in x 59.875-in)

KITCHEN COUNTER TOP

Magnata 5-ft Straight Edge Laminate Kitchen Countertop

>l SHIFT

REFRIGERATOR

Epic Top Mount Refrigerator White - 7.2 cu.ft.

$ 599.00

RANGE

Frigidaire 30-in 5.3 cu ft 5-Element Electric Range with Self-Cleaning Oven (White)

$ 545.00

DISHWASHER

Whirlpool 24 In. Dishwasher Panel Kit

$ 354.47

DRYER

GE 7.4-cu ft Front Load Electric Dryer (White) ENERGY STAR

$ 595.00

WASHER

GE 4.4-cu ft High-Efficiency Top-Load Washer (White)

$ 375.00

TOTAL: $2,468.47

TOTAL: $4,665.47

$ 599.00

$ 329.00

$ 80.00 TOTAL: $2,197.00

INTERCOMMUNITY HOUSING

CAN’TOWERS

APPENDIX B

FINISH SCHEDULE - TIER 2

4.0 | DESIGN PACKAGE

FINISHES

APPLIANCES

KILZ PVA 5 Gal. White Interior Drywall Primer

$ 247.37

Lismori Grigio 12 in. x 12 in. Glazed Ceramic Tile (20.37 sq. ft. / case)

$ 157.50

KITCHEN BACKSPLAS H

Harlow Picket 11.5 in. x 12.4 in. x 8 mm Multi-Surface Mesh-Mounted Mosaic Tile

$ 119.99

LAMINATE FLOORING

PAINT TILE

RANGE REFRIGERATOR

Frigidaire 30’”F reestanding Electric Range GE 25.3 cu. ft. Side by Side Refrigerator in Stainless Steel

$ 898.0

$ 999.99

WASHER

Samsung 5.0 cu. ft. Hi-Efficiency White Top Load Washing Machine with Active Water Jet, ENERGY STAR

$ 598.50

XP Vanilla Travertine 10 mm T x 5.23 in. $ 199.00 W x 47.24 in. L Laminate Flooring

DRYER

GE 7.8 cu. ft. Smart 240-Volt White Electric Vented Dryer with Steam and Sanitize Cycle, ENERGY STAR

$ 848.70

TOILET

2-Piece 1.28 GPF High Efficiency Single Flush Round Toilet in White

$ 159.00

DISHWASHER

Front Control Dishwasher in White, 64 dBA

$ 339.00

BATHROOM FAUCET

Constructor 4 in. Centerset 2-Handle Bathroom Faucet in Chrome

$ 299.0 0

BATHROOM VANITY

24 in. W Bath Vanity in White with Cultured Marble Vanity Top in White with White Sink

$ 369.00

SHOWER-TUB

STERLING Accord Seated 36 in. x 48 in. x 74-1/2 in. Shower Kit in White

$ 668.00

KITCHEN FAUCET

Foundations 2-Handle Standard Kitchen Faucet in Chrome

$399.00

FORMICA 4 ft. x 8 ft. Laminate Sheet in Silver Galaxy Slate with Matte Finish

$ 255.99

12-inch LED Flushmount in Brushed Nickel $59.98 X2

$ 136

KITCHEN COUNTERTOP LIGHTING FIXTURE

TOTAL: $3,008.36

>l SHIFT

INTERCOMMUNITY HOUSING

TOTAL: $3,684.19

TOTAL: $6,692.55

CAN’TOWERS

APPENDIX B

FINISH SCHEDULE - TIER 3

4.0 | DESIGN PACKAGE

FINISHES

PAINT

Eggshell Paint & Primer 17.7L

APPLIANCES RANGE

FRIGIDAIRE GALLERY 30 in. 5.4 cu. ft. Front Control Electric Range with Air Fry in Stainless Steel

$1197.90

REFRIGERATOR

Whirlpool 25 cu. ft. French Door Refrigerator in Fingerprint Resistant Stainless Steel

$ 1,798.20

WASHER

5.2 cu. ft. High-Efficiency Top Load Washer with Steam and Activewash in Black Stainless, ENERGY STAR

$ 896.00

$ 1,111.00

DRYER

LG Electronics 4.3 cu ft. Ultra Large All-in-One Front Load Washer & Electric Ventless Dryer Combo

$ 1497.00

$ 248.00

DISHWASHER

Maytag Front Control Built-In Tall Tub Dishwasher in Fingerprint Resistant Stainless Steel, 50 dBA

$ 527.40

$ 247.37

TILE

MSI Stone Onyx Grigio 18”x18” Glazed Porcelain Floor Tile

($ 4.07/sq.f t)

KITCHEN BACKSPLASH

MSI Stone Yukon Whi te interlocking 12”x12” Glass Mesh Mount ed Mosaic Tile

($ 6.98/sq.f t) $ 136.8 0

LAMINATE FLOORING

Power Dekor 12mm Wint our Maple Lamina te Flooring

TOILET

American Standa rd 2-Piece 4.8 LPF Single Flush

BATHROOM FAUCET

Delta Vero Single-Handle High -Arc in Chrome Finish

BATHROOM VANITY

Glacier B ay Rocara 42” 2-Door 2-Drawer Vaity in Antique Gra y with Engineered St one Top

SHOWER-TUB

Kohler 5’ Bathtub

$ 1,053.00

KITCHEN FAUCET

Struct Single-Handle Pull-Do wn with Spring Spout

$ 299.00

KITCHEN COUNTERTOP

EKBACKEN - 98”x25”

LIGHTING FIXTURE

Grafton 3-Light Brushed Nickel Semi Flush Mount Ceiling Light

$ 675.00

($ 2.47/sq.f t)

$ 299.00

$ 699.00

TOTAL: $5916.50

TOTAL: $9,772.17

$ 180.00 $ 258.0 0 TOTAL: $4907.17

>l SHIFT

INTERCOMMUNITY HOUSING

CAN’TOWERS

14.0 | ALTERNATE FINANCIAL SUMMARY

'CANWISE FINANCIAL' SUMMARY (Current) % Equity

'TD BANK' SUMMARY (ALT 1) 25%

Net Revenues

$42,879,344.00

Expenses

$31,819,747.04

Profit (after interest)

$8,168,661.17

Number of Doors

Profit per Door

$104,726.43

Required Equity

$7,770,619.76

$23,311,859.29

Bank Loan

% Equity

Net Revenues

$42,879,344.00

Expenses

$31,819,747.04

Expenses

$31,819,747.04

Profit (after interest)

$8,139,751.81

Number of Doors

Profit per Door

$104,355.79

Required Equity

$9,013,918.92

$22,068,560.13

Bank Loan

105.12%

Cash on Cash Return

551.81%

Return on Equity

90.30% 475.70%

% LTC (Debt)

FINANCING PACKAGE Bank Loan @2.89% Interest Rate

71%

Profit (after interest)

Bank Loan @2.99% Interest Rate

$8,125,297.13

Number of Doors

Profit per Door

$104,170.48

Required Equity

$8,392,269.34

$22,690,209.71

Bank Loan Cash on Cash Return

96.82%

Return on Equity

510.94%

% LTC (Debt)

FINANCING PACKAGE $23,311,859.29

27%

$42,879,344.00

Cash on Cash Return

75%

% Equity

Net Revenues

Return on Equity % LTC (Debt)

'SCOTIABANK' SUMMARY (ALT 2) 29%

73% FINANCING PACKAGE

$22,068,560.13

Bank Loan @3.04% Interest Rate

$22,690,209.71

Equity Investment

$7,770,619.76

Equity Investment

$9,013,918.92

Equity Investment

$8,392,269.34

Total Financing

$31,082,479.05

Total Financing

$31,082,479.05

Total Financing

$31,082,479.05

2.89% of Interest on Bank Loan on an 18 Months Term

$2,890,935.79

2.99% of Interest on Bank Loan on an 18 Months Term

$2,919,845.15

3.04% of Interest on Bank Loan on an 18 Months Term

$2,934,299.83

Total Interest

$2,890,935.79

Total Interest

$2,919,845.15

Total Interest

$2,934,299.83

>l SHIFT

INTERCOMMUNITY HOUSING

I BR

i l o i a O c T AT tifi B n s si s M e t J o P el ot u es c r E a t P Ro P x E m e & n D .0 1 Z C C

INTERCOMMUNITY HOUSING

>l SHIFT LO Si AN E te NI N NG De a R F m I B og NA u r ILD on ph E i g ic : ti & s n o m Ex is in u on nity g ul t D dn M g g ajo h P s r an Tra ns t i Ur t & B ba n ik e P R rb atte out a r n es

Pr e n N ur ity t ut L e F s i e & E c D I n rP p re o . U C F Ke

y D ns e La st n nd a Us io s ur e n 3 t 0 S 4. T P 0 op DE A os SI a ls GN lo PA Pe lan CK rs AG E e ti v

TA TS

CAN’TOWERS WORK TASK DISTRIBUTION

Sam W

Thil H

Jerry M

Nur A

0 5.

Sam W

Thil H

Jerry M

Nur A

INTERCOMMUNITY HOUSING

>l SHIFT M

L PR OP Pr E e- FO NT RM I De v A: NAN sg p CI L a M SU ar nd t M ke tin an A nn on a Y g str u Sa l i RE o e s VE tc . N C R UE 9. U, U S M CA NIT A 10 SH & P RY .0 AR PR L KI 11 O N P J .0 EC R G P G T JE RIC 12 T .0 / O IME TI ING LIN SH 13 EE E .0 E /S T D AP CH I T X 14 PE E R .0 ND A DU LE AP I PE X B ND IX C

CAN’TOWERS WORK TASK DISTRIBUTION

O-

elo

en l m P

0 7.

S ON

O -G N N O APP

END OF PROJECT