altus equity

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A Private Ownership Opportunity

Presented by

Altus Equity Group, LP 120 College Ave. Santa Rosa, CA 95401 (707) 932-5887

Forrest Jinks, Founder and Co-Partner (707) 888-4473

Kristy Brooks, Partner and Managing Director (707) 238-2048

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Disclosure .....................................................................3

The Property .............................................................. 4

Executive Summary (Membership Structure) .............5

Why Oklahoma City? ................................................. 7

Property Details and Amenities ................................ 13

Floor Plans .................................................................14

Business and Employment within 1 Mile ..................15

Property Information ..............................................16

Estimated Acquisition Expenses ............................... 17

Financial Assumptions .............................................. 17

Mortgage Data ............................................................ 17

5 Year Projection ‐ Plan ............................................. 18

Financial Analysis - Plan ........................................... 19

Financial Analysis...................................................... 20

Rent Comparables and Map ...................................... 21

Exit Strategy ............................................................. 22

Record of Experience ............................................... 23

Current Portfolio of Assets ...................................... 28

Acquisitions in Dollars ............................................. 30

Management Team .................................................. 31

Oklahoma City Attractions ....................................... 36

In Conclusion ...........................................................37

Table of Contents

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Disclosure

This package was prepared by Altus Equity Group, LP solely for the use of prospective investors in the real property commonly known as Rockwood Plaza Apartments (the “Property”). Prospective investors are advised that although the initial information contained in this package has been received from the current owner and broker, an independent appraisal is pending. While Altus Equity Group, LP believes the sources of the information are reliable, we have conducted our own comprehensive review and analysis of the Property, the results of which are contained in this package.

The information contained in this package is privileged and confidential and intended for the exclusive use of persons selected by Altus Equity Group, LP. This property package may not be reproduced or circulated to any persons other than the intended recipient with the exception of recipients’ professional advisors. Altus Equity Group, LP does not provide tax, legal, or investment advice. Altus Equity Group’s proforma statements are based on management’s current expectations and assumptions. As with any projection or forecast, forward‐looking statements are susceptible to future changes in government regulations, economic, strategic, political and social conditions, thus the proformas created by Altus Equity Group, LP speak

only to the date on which they were created. Altus Equity Group, LP is under no obligation to update or alter its statements. The recipient should evaluate all related risks and uncertainties, perform their own due diligence and consult with tax, legal, and investment professionals prior to making any investment decision.

Funds raised from this offering will be used to acquire the Property and subsequently renovate and reposition the property to maximize rental income and market value. Returns are subject to change due to loan terms, the discovery of new information, additional capital investment, and ad hoc decisions made regarding property management. Subsequently, Altus Equity Group, LP does not guarantee these returns.

This document is an informational summary and is only to be used by Accredited Investors who meet the criteria of an Accredited Investor as defined under Regulation D of the Securities Act of 1933, as amended.

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The Property

Altus Equity Group, LP is arranging for the acquisition of Rockwell Plaza Apartments in Oklahoma City. The property is located at 8201 Rockwell Avenue in Oklahoma City and is a fully stabilized complex comprised of 304 units. The contract price is $11,750,000 or $38,651/unit. This property is in a solid “B” area. However, there is deferred maintenance on the exterior along with an overdue need for upgrading both the exterior and the unit interiors. Our extensive due diligence and underwriting indicate substantial upside potential in rents based upon our acquisition pricing, planned upgrades and operating efficiencies.

The Rockwell Plaza apartments are well located in Northwest Oklahoma City along a major retail and traffic corridor. The current long term owner has adequately maintained the unit interiors with minimal upgrades. With the exception of drainage work completed in 2014, the existing owner has not improved upon exteriors since their original acquisition in 2008. Substantial upside exists in market rents once the property has been improved. Altus Equity Group will focus on increasing the cash flow by:

• Increasing rents to market rate through the combination of exterior improvements and interior upgrades.

• Reducing the operating expenses through payroll and maintenance expense efficiencies.

• Instituting tenant retention programs to reduce vacancy and turn over costs.

The property itself is a B‐ property in a B/B+ area and will be a solid B+ property after the improvements. There are few competing properties within a mile of the property and upon completion of planned improvements, this property will be the most desirable class B property in the area. The closing is currently anticipated to take place December 15, 2015 and will be open to a limited number of investors. Altus Equity Group, LP is in the process of arranging financing in the amount of 75% of the purchase price plus the cost of the improvements. The interest rate for the repositioning period is expected to be below 4.5% on an interest only two year loan. At the termination of the initial period, the loan facility will be recapitalized. At stabilization the current interest rate environment indicates that a 30 year amortized loan with a fixed interest rate for 10 years could be obtained for less than 4.75% interest, although there may be variations to interest rates prior to the time of the refinance. Additionally, at this time there appear possibilities for low interest rate HUD financing.

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Executive Summary / Membership Structure

The Managing Member will sell equity membership interests for a total capitalization of $4,000,000. Membership interests will be made available to individuals, LLCs, trusts and other entities including qualified plans such as 401K plans and Individual Retirement Accounts. Cash available for distribution from operations will be evaluated on a quarterly basis. The life of the Partnership is open ended but equity investors will have the absolute right to exit at market value after 5 years. During ownership, the distributable cash will first be paid as a preferred return to Equity members at an annual rate of 8% with the remaining distributable cash to be split between the Equity Members (Class A Members) (60%) and the Managing Member (Altus Equity Group, LP) (5%) and Operating Partners (AE 2015) (35%).

The Managing Member and Operating Partners will co‐invest $500,000 (as Equity Members). Distributions to the Equity Members will be subordinated by the Managing Member and Operating Partner so that the Equity Members will receive an 8% per annum cumulative non‐compounded priority return on their capital contributions. In the event that the Equity Members do not receive an average annualized 8% (or higher) cash on cash return, the Managing Member and Operating Partner’s

(cumulative) 40% interest in the distributable cash will be reduced by an amount necessary to achieve an 8% annualized return. If the entire 40% is used in this way and is insufficient to achieve an 8% annualized return, there will be no further responsibility on the part of the Managing Member and Operating Partners to compensate investors for not having received an 8% return.

At plan, the forecasted investor returns are anticipated to be in excess of 100% over the first five years of ownership not taking into account the expected return of a substantial portion of the original investment upon the refinance to be completed at stabilization. The IRR is anticipated to be in excess of 25% over 5 years. These returns are based on certain assumptions and cannot be guaranteed. The affairs of the partnership will be managed by Altus Equity Group, LP (“Manager”). The principals of the Manager and affiliates have extensive experience in real estate investing, apartment ownership, building construction, renovation, sales, negotiation, and financing of real estate including multi‐ family, commercial, and residential properties (see Management Team Bios).

Trinity Multifamily Property Management, headquartered in Fort Smith, AR, will work with the Manager to provide

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professional property management services to the property including maintenance, upkeep and repairs, leasing of the property to tenants, collection of all rents, and the payment of all costs and expenses incurred in connection with the management, operation and ownership of the Property. Trinity, as a dominant regional manager, currently manages �7,000 units.

Affinity, a Design Build Company and an affiliate company to Altus Equity Group will oversee all rehab construction. Affinity has extensive experience in engineering and managing projects ranging from residential to large commercial/retail with budgets over one hundred million dollars, across several western states.

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Why Oklahoma City?

Oklahoma City is Buzzing

April 16, 2015 New CBRE Report Ranks Top U.S. “Tech Talent” Markets

“With a 39 percent growth in tech talent from 2010-2013, Oklahoma City ranks as one of the strongest growth markets in the country. Oklahoma City stood out as top in “momentum markets” based on tech talent growth rates. Oklahoma City’s growth rate ranked higher than Seattle (38 percent) and just below that of San Francisco (44 percent) and Baltimore (42 percent). The report also looks at which markets present the greatest cost for occupiers based on wages paid to employees and rent paid for office space. For smaller markets, Oklahoma City ranked as the number one lowest in overall cost of doing business.”

New Developments for Oklahoma CityMAPS, Metropolitan Area Project, is Oklahoma City’s visionary capital improvement program for new and upgraded sports, recreation, entertainment, cultural and convention facilities. It is believed Oklahoma City is the first city in the country to undertake a public facility enhancement project of this size.

A result of the impressively successful gentrification project is that a flurry of downtown development has occurred. A few years ago a study was done and found that the city’s investments in MAPS and MAPS for Kids had triggered in excess of $3 billion in outside economic investment into the inner city. This gentrification involves not just hotels and restaurants,but also plans for new investment to exceed $300 million atOklahoma Health Center, and $220 million will be invested in Saint Anthony Hospital over the next few years. Components of the largest school bond issue in Oklahoma state history include:

• Construction Projects ‐ $470 million for 75 major projects• Transportation Projects ‐ $9 million total• Technology Projects ‐ $52 million total• Suburban School District Program ‐ $150 million total

Top “momentum market,”

posting tech talent growth rate that rivals

established markets like San Francisco.

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The comprehensive MAPS for Kids plan raised $700 million and has completed construction and opening of 7 schools and renovation of 65 others. This support helped to earn Oklahoma City a spot as one of the “100 Best Communities for Young People” by the America Promise Alliance in 2005, 2007, 2008, 2010, 2011 and 2012.

MAPS Completed Projects:

• Bricktown Canal: Completed 2004 ‐ Cost: $53.5 million

• Bricktown Ballpark: Completed spring of 1998 ‐ Cost: $34 million

• Civic Center Music Hall Renovation: Completed September 2001 ‐ Cost: $53 million

• Cox Convention Center: ‐ Cost: $60 million

• State Fairgrounds Improvements: Completed fall of 1997 and 1998 ‐ Cost: $14 million

• Chesapeake Energy Arena (home of the Oklahoma City Thunder): 20,000 seat arena completed June 2002 ‐ Cost: $21.5 million

• Ronald J. Norick Downtown Library: Four-story, 112,000 square feet completed August 2004 ‐ Cost: $21.5 million

• Oklahoma River: A seven mile stretch of the North Canadian River has been transformed into a series of river lakes bordered by landscaped areas, trails and recreational facilities; Completed 2004 ‐ Cost: $53.5 million

• Oklahoma Spirit: Nine trolley replicas serve downtown and Bricktown and provide shuttle service to and from the Interstate 40/Meridian hotel and restaurant district and the Stockyards City area ‐ Cost: $5 million

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Bricktown/DowntownThe Bricktown Entertainment District of downtown Oklahoma City is the fastest‐growing entertainment district in the region and is one of the most popular destinations in the state. Bricktown today is bustling with dozens of restaurants, dance clubs, live music venues, upscale retail shops, and offices. Top attractions include the Bricktown Ballpark (aka, the Brick home of the Oklahoma Redhawks) and the navigable Bricktown Canal.

The Bricktown Canal stretches one mile through the district toward a new park past the Oklahoma Land Run Monument. When completed, the Land Run Monument will be a series of 77 giant statues stretching over an area the size of two

football fields on the south canal, and will be one of the largest sculptural monuments in the world.

In addition to the many projects that have already been completed in the downtown Oklahoma City area, there are several others recently completed or in the final stages. These are a few:

With the arrival of the new NBA franchise, $100 million in proposed improvements to the Chesapeake Energy Arena was voted on and passed.

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• The Hill is a project with almost 200 townhomes being built on a hill overlooking the Deep Deuce district. The project is currently under construction.

• The Triangle (including the Flatiron District and some of Deep Deuce) is a project by TAP Architecture that will be finished in 5–10 years with 700 loft units, office and retail space.

• The Central Avenue Villas will have 30 loft units when completed.

Oklahoma Residential Housing Summary and OutlookInvestors look into Oklahoma City and find a top five fastest growing city with a robust economy, low cost of living and low cost of doing business; all factors that have caused this economy to thrive and drive up national investment interest since the national recession. It’s the combined effort of public and private development that has created such demand causing the urban core to reach an average occupancy of 97%, which is virtually full occupancy.

Overall in 2014 rents increased across the board 3.75% (TCN Worldwide, Year End Report, 2014). This is the third highest gain year over year in the past fifteen years. Over the past twenty years there hasn’t been one single year with an annual decrease in rents. Although this may not be the aggressive growth part of a multifamily investment portfolio, this can surely be considered a stable, reliable growth asset.

2014 was a year with strong multifamily development activity, primarily driven by low interest rates, robust economic momentum and a strong rental market. Developers are reporting record lease‐up phases in most new developments,

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with the urban core starting out with a waiting list prior to construction completion. In the urban core, the lack of housing from decades of zero development has caused such a shortage that even if job growth were to come to a complete halt, the demand is likely to continue feeding development at its current pace for another year or two.

The current demand for apartments is in line with the construction pace as indicated by the higher than average rent growth in 2014. Price Edwards & Company, as cited in their 2014 Year‐End Market Summary, expects the trend to continue into 2016 barring any spike in interest rates or long term reduction in oil prices; with any newly constructed units being absorbed into the supply without any effect on occupancy rates.

There is a limited supply of Class A property in the market, and the majority of those units have recently traded, thereby leaving a reduced inventory of available property. As with last year, these same situations should cause a trickledown effect in rents to the other properties in the area and increase rents overall. (Price Edwards, 2014)

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Recent Area Accolades

• Oklahoma City ranks #1 in Economic Strength according to The Business Journals

• CNN Money ranked Oklahoma City as the “Most Business-Friendly City”

• Forbes Magazine ranked Oklahoma City in the Top 10 for “Best Big Cities for Jobs”

• Oklahoma City ranks as “Top City for Job Creation” by Gallup

• Three Oklahoma City companies make “100 Best Place to Work” list by Fortune Magazine

• MetroTrends ranks Oklahoma City #1 for Economic Security

• Oklahoma City placed 4th on the Huffington Post list of “Cities that are Beating the Recession”

• The Brookings Institute included Oklahoma City on list of “Strongest Performing Metro Areas”

• Oklahoma City landed at #11 on New Geography’s “2010 Best Cities for Job Growth” list

• KPMG ranked Oklahoma City 1st in Lowest Business Costs in the U.S.

• Bizjournals.com ranked Oklahoma City 6th in a review of the best places for young adults to live

• Oklahoma City lands lucky #13 on Marcus and Millichap’s “Top 15 Retail Markets” list

• Oklahoma City ranked #24 on the MarketWatch.com list of the “101 Best Cities for Business”

• During its second year as a permanent major league city, Oklahoma City ranked #37 in The Sporting News list of 400 best sports cities

• Urban Land Magazine ranked Oklahoma City as #7 in Top 10 Areas of New Non-Farm Jobs

• Newsweek highlighted Oklahoma City in its list of “Top Ten Places Poised for Recovery”

• Forbes Magazine listed Oklahoma City as #1 “America’s Most Affordable City”

• Oklahoma City landed the 7th spot for Income Growth out of the largest 100 metro areas according to Portfolio.com

• Forbes listed Oklahoma City as a Top 5 Fastest-Growing City

• Area Development Magazine ranked Oklahoma as a Top 10 State for Doing Business and Oklahoma City as a Top 10 Metro

• Local Market Monitor/Wall Street Journal ranked Oklahoma City among 10 Best Real Estate Investment Markets

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Property Details

Rockwell Plaza Apartments are located in Oklahoma City just off the Northwest Expressway. The Northwest Expressway is a hub for big box retailers with desirable proximity to apartment rentals. In addition to the active business community which is located within walking distance, tenants can drive to areas of high employment in downtown Oklahoma City, or office and medical areas of northern Oklahoma City within minutes.

This is a “B‐“apartment complex in a “B/B+” neighborhood. While in an excellent location, the complex does need significant exterior maintenance and rehab. New double paned windows and siding replacement will greatly enhance the look and feel of the property. The buildings are wood framed with a mixture of brick and lap siding.

The unit mix is desirable with 76 efficiency units, 152 1 bedroom/ 1 bath units, and 76 2 bedroom/1 bathroom units. Of the 304 units 16 have been upgraded with new cabinets, appliances, flooring, fresh paint, trim and baseboard, and a few with paneled doors. Upon purchase the remaining units will be upgraded to, or above, the level of the existing upgraded units.

Property Amenities

• Fully equipped kitchen with dishwasher, frost‐free refrigerator, range/oven, garbage disposal, and built in microwave

• Carpeted bedrooms and a mix of carpet and solid flooring in living spaces.

• Ceiling fans

• Mini blinds

• Individual locked storage units in breezeway

• Laundry facility – equipment owned by property owner

• 2 in ground swimming pools

• Ample parking

• Internet/cable/phone

• Mature landscaping with large trees

• Walking distance to over 50 retailers

• Excellent proximity to Lake Hefner where jogging trails, sailboat marina, and golf course can be utilized

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Floor Plans

Efficiency Apartment 2 Bedroom Apartment 1 Bedroom Apartment

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Retail

Walmart

Target

Sam’s Club

Rue 21

Dressbarn

Jo-Ann Fabrics

Pets Mart

Petco

Office Depot

Business and Employment within a Mile

Misc

Sprint PCS – Call Center

Mercy Health Center

YMCA Health Club

Edward Jones Financial

Bank of Oklahoma

Fed‐Ex Office

H&R Block

Restaurants

Pizza Hut/Wing Stop

McDonalds

Wendy’s

IHOP

Panda Express

Taco Bueno

Starbucks

Jersey Mike’s Subs

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Rockwell PlazaPurchase Price $11,750,000

Year Built 1983

Number of Units 304

Address 8201 N Rockwell Avenue Oklahoma City, OK, 73132

Number of Buildings 21

Unit Mix – Apartments – Efficiency, 1BR/1BA, 2BR/1BA 76, 152, 76

Average Efficiency and One Bedroom Size 450-550 SF

Average Two Bedroom Size 750 SF

Cost per Unit $38,651

Stories 2

Roof Gable – Composition/Asphalt

Construction/Exterior Wall Wood frame with brick and lap siding

Individually Metered Electric

Owner Paid Utilities Garbage, Water, and Sewer

School District Putnam City

Property Information

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PlanEstimated Years to Hold 5-10Property Management 4%Projected Cap Rate at Resale 6.75%Projected Resale $20,356,182Annual Projected Rent Increase 3 %Annual Projected Expense Increase 2.4%Projected Annual Occupancy 95%Cap Ex Reserves Per Unit Per Year $200

PlanPurchase Price $11,750,000Costs of Rehab $3,583,320Down Payment (20%) $3,066,664Closing Costs $352,500Loan Point Costs – 1% $122,667Manager’s Organization & Due Diligence Fee

$352,500

Cash Required at Closing $3,894,331

Years 1-2 Years 3-5Loan Amount – 1st $12,266,656 $15,367,514Interest Rate 4.0% 4.5%Term (years) 2 30IO Expiration Date 2 Years -Maturity Date 12/15/2017 12/15/2047Amortization Period (years) - 30Interest Accrual Method Interest Only Yield Maint. Or DefeasanceMonthly Payment $40,899 $77,865Prepayment Penalty No TBDLender TBD TBD*Based on Plan model which assumes refinance at 80% LTV at the end of upgrades

Estimated Acquisition Expenses Financial Assumptions

Mortgage Data*

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5 Year Projection - Plan

Revenues Year 1 Year 2 Year 3 Year 4 Year 5Projected Rental Income $1,446,321 1,931,619 $2,416,917 $2,489,424 $2,564,107Vacancy Loss ($60,423) ($120,846) ($124,471) ($128,205)Other Income $78,301 $72,339 $66,376 $66,376 $66,376Utility Reimbursement $77,019 $109,601 $142,183 $142,183 $142,183Effective Gross Income $1,601,642 $2,053,136 $2,504,630 $2,573,512 $2,644,461

ExpensesProperty Taxes $90,009 $124,761 $159,512 $163,308 $167,195Insurance $80,000 $81,927 $83,853 $85,849 $87,892Repairs and Maintenance $157,229 $134,377 $111,525 $114,179 $116,897General Administration $17,257 $24,561 $31,864 $32,623 $33,399Marketing $15,891 $20,523 $25,156 $25,755 $26,368Management Fee (4%) $57,853 $74,848 $91,843 $94,598 $97,436Utilities $188,708 $193,253 $197,798 $202,505 $207,325Contract Services $11,456 $53,524 $95,593 $97,868 $100,197Payroll $306,895 $296,837 $286,778 $293,604 $300,591Total Operating Expenses $925,298 $1,004,610 $1,083,922 $1,110,289 $1,137,301Net Operating Income $676,345 $1,048,526 $1,420,708 $1,463,223 $1,507,160Debt Service $490,666 $490,666 $934,379 $934,379 $934,379Capital Reserve $68,000 $68,000 $68,000Net Cash Flow $185,678 $557,860 $486,328 $528,844 $572,781Distribution of Net Cash Flow:8% Preferred Return to Equity Partners $311,546 $311,546 $63,478 $63,478 $63,47850% Addl. Cash Flow to Equity Partners ($125,868) $125,868 $253,710 $279,220 $305,582Total $185,678 $437,415 $317,188 $342,697 $369,060Equity Partners' Cash on Cash Return 4.8% 11.2% 40.0% 43.2% 46.5%5 Year IRR @ Exit 26.9%

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Financial Analysis

Projected Equity Return at SalePlan

Exit Value at end of Year 5 $21,427,560

Sales and Closing Expense @ 5% $1,071,378

Refinance Initial Loan Balance $15,367,514

Principal Pay Down $851,594

Owner Equity $5,840,261

Remaining Initial Investor Investment at Year 5 $793,473

Total Equity Creation $5,046,789

Equity Partners’ Share ‐ 60% $3,028,073

Managing and Operating Partners’ Share ‐ 40% 2,018,716

Summary of Projected Cash Flow and Returns

Equity Partner (EP) Equity $3,894,331 $3,100,858

Year 1 Year 2 Year 3 Year 4 Year 5 Return $ Return %

EP Before Tax Cash Flow $185,678 $437,415 $317,188 $342,697 $369,060 $1,652,038

EP Cash on Cash Return 4.8% 11.2% 40.0% 43.2% 46.5%

EP Net Gain on Resale $3,028,073

Projected Total Return on Investment $4,680,111

Projected Internal Rate of Return 26.9%

Projected Investor Return Based on $100,000 InvestmentPlan

Year 1 Cash Flow $4,768

Year 2 Cash Flow (plus return of 80% of investment) $90,857




Total Cash Flow $225,301

Equity at Sale $75,702

Total Equity and Cash Flow $301,003

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Financial Analysis

Current Financial Indicators – Year 1

Purchase Price $11,750,000

Number of Units 304

Price per Unit $38,651

Rentable Sq Ft 172,368

Price per Sq Ft $68.17

Gross Income $1,602,642

Operating Expenses $925,298

Net Operating Income $676,345

Projected Cash on Cash Return (Year 1) 4.8%

Projected Debt Coverage Ratio 1.39

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Property Name Total Units

Avg Unit Sqft

Year Built

Year Renovated

Current Avg. Rent

Current Rent Per Sqft

% Occupied (Current)

ROCKWELL PLAZA 304 575 1983 -- $500 $0.87 90%

THE WARRINGTON 204 820 1984 2010 $778 $0.95 97%

THE RETREAT AT RIVER BEND 216 817 1982 2012 $548 $0.67 88%

PINEHURST 544 682 1983 2011 $645 $0.95 85%

WOODSCAPE 498 729 1984 2010 $654 $0.90 94%

THE GABLES AT WESTLAKE 200 816 1984 -- $835 $1.02 99%

ROCKWELL PLAZA – POST RENO 304 575 1983 2017 $600 $1.04 95%

Rent Comparables

Based on input from multiple local property managers, we feel confident that with the exterior and interior upgrades that are planned, the product will support the $100 increase in rents per door. A key advantage of Rockwell Plaza is that it is in the heart of OKC near the NW Expressway, adjacent to shopping and dining, yet it offers the quieter ambience of a bedroom community.

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Exit Strategy

Rockwell Plaza is intended to be a long term hold of 5 years in which to realize attractive cash flow benefits over time. In the event that a time extension is exercised, Altus Equity Group, LP is providing an absolute right for investors to exit after 5 years with the distributions to be calculated at market value at that time. Additionally, if based upon our continuous market research and experience, we identify a more strategic, earlier exit, we may offer that option to our Member partners.

5 years

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Altus Equity History Of Closed Transactions

Property Acquisition Date Sale Date Propety Type No. of

Units Purchase Price Sales Price Profit Profit

as % of Sales

Chestnut Avenue, Olivehurst, CA Jun-05 Jun-07Dev Land +

Industrial12,000

sqft 550,000 1,308,000 639,520 49%456 3rd Street, Woodland, CA Sep-02 Apr-03 Duplex 2 190,000 233,000 20,020 9%Humbolt Avenue, Santa Rosa, CA Nov‐04 Jul-05 Duplex 2 273,500 357,600 34,644 10%242 Vila, Forestville, CA Oct-09 Jul-10 Duplex 2 95,000 228,000 97,800 43%3919 Martina, Santa Rosa, CA Jan-10 May-10 Duplex 2 260,352 340,000 62,624 18%5365 Raters, Santa Rosa, CA Mar-10 Feb-11 Duplex 2 303,200 465,000 38,900 8%385 Brittain Lane, Santa Rosa, CA Jan-05 Jan-06 House + Dev Land 6 650,000 1,100,000 349,000 32%2088 Piner Road, Santa Rosa, CA Jun-06 Oct-06 House + Dev Land 1 472,000 630,000 80,200 13%Coyote Valley Commercial, Middletown, CA Jun-09 Jun-12 Medical Office 5,500 sqft 910,000 1,075,000 100,500 9%Coyote Valley Medical, Middletown, CA Aug-10 Jun-12 Medical Office 5,500 sqft 850,000 1,000,000 90,000 9%106 Sebastapol Road, Santa Rosa, CA Aug-02 Nov‐03 Multi‐Family 7 530,000 730,000 126,200 17%Jones St Apartments, Omaha, NE Aug-03 Jan-06 Multi‐Family 72 500,000 470,000 (158,200) ‐34%Mark Twain Apartments, Windsor, CA Sep-03 Mar-04 Multi‐Family 15 575,000 775,000 103,500 13%712 Morgan, Santa Rosa, CA Jun-06 Jun-07 Multi‐Family 4 645,000 790,000 69,600 9%748 Morgan, Santa Rosa, CA Jun-06 Jun-07 Multi‐Family 4 645,000 790,000 61,600 8%5738 Garfield Avenue, Sacramento, CA Oct-12 Jul-15 Multi‐Family 4 150,000 325,000 108,858 33%7110 Stella Lane, Carmichael, CA Nov‐13 Oct-15 Multi‐Family 12 940,000 1,319,000 226,499 17%Altos Apartments, Sacramento, CA Mar-15 Mar-15 Multi‐Family 10 200,000 225,000 25,000 11%

Manor Strip Center, Manor Texas Jun-07 Sep-08 Retail13,000

sqft 350,000 1,200,000 178,000 15%824 Olive Street, Santa Rosa, CA Mar-01 Jan-03 SFR 1 149,000 228,000 43,320 19%800 University Street, Healdsburg, CA Jun-01 Aug-02 SFR 1 285,000 360,000 30,400 8% 339 Johnson Street, Windsor, CA Jun-02 Mar-03 SFR 2 231,000 445,000 152,300 34%

Altus Equity Record of Experience

continued on next page

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515 Olive, Santa Rosa, CA May-03 Aug-03 SFR 1 210,000 317,500 52,450 17%450 Sonoma Avenue, Santa Rosa, CA Aug-03 Sep-03 SFR 1 402,000 450,000 13,000 3%Group of 5 houses, Omaha (#2), NE Dec-03 Jun-12 SFR 5 190,000 210,000 7,400 4%Group of 27 houses, Omaha, NE Jan-04 Feb-08 SFR 27 1,100,000 1,400,000 216,000 15%Group of 25 Houses, Omaha, Ne Mar-04 Sep-07 SFR 25 880,000 690,000 (231,400) ‐34%5229 Faught Road, Santa Rosa, CA Apr-04 Oct-04 SFR 3 485,000 557,000 23,580 4%1015 Sunset Avenue, Santa Rosa, CA Sep-06 Oct-06 SFR 1 395,000 465,000 5,100 1%3545 Waltzer Road, Santa Rosa, CA Mar-08 Mar-08 SFR 1 235,000 305,000 49,200 16%2171 Siesta Lane, Santa Rosa, CA Nov‐08 May-12 SFR 1 420,000 586,500 104,300 18%1650 S Wright Road, Santa Rosa, CA Nov‐08 Apr-09 SFR 1 84,000 268,000 110,100 41%1315 Deturk, Santa Rosa, CA Jan-09 Sep-15 SFR 1 132,500 360,000 190,000 53%5452 Sonoma Highway, Santa Rosa, CA Jan-09 Oct-09 SFR 1 145,000 300,000 68,900 23%2009 Robert, Santa Rosa, CA Oct-09 Nov‐09 SFR 1 241,200 305,000 43,000 14%Cooper, Santa Rosa, CA Oct-09 Dec-09 SFR 1 160,500 217,000 29,480 14%2412 Valley West, Santa Rosa, CA Nov‐09 Jan-10 SFR 1 227,000 325,000 68,200 21%Manzanita, Santa Rosa, CA Nov‐09 Dec-09 SFR 1 427,000 650,000 154,500 24%Boxwood, Santa Rosa, CA Nov‐09 Jan-10 SFR 1 260,000 360,000 58,400 16%Rusty, Santa Rosa, CA Jan-10 Apr-10 SFR 1 220,200 305,000 43,050 14%2610 Fulton, Fulton, CA Feb-10 Jun-10 SFR 1 235,000 350,000 42,400 12%5027 Charmian, Santa Rosa, CA Mar-10 Jun-10 SFR 1 221,000 350,000 36,526 10%3758 Golden Gate, Santa Rosa, CA Mar-10 Jul-10 SFR 1 100,000 287,500 111,200 39%Blossom, Santa Rosa, CA Mar-10 Aug-10 SFR 1 216,500 315,000 41,600 13%Gilrix, Petaluma, CA May-10 Aug-10 SFR 1 300,300 340,000 9,500 3%680 Plum, Santa Rosa, CA May-10 Aug-10 SFR 1 155,000 182,000 1,897 1%1365 S Wright, Sonoma County, CA Jun-10 Oct-10 SFR 1 305,000 457,000 109,500 24%5710 Shannon Bay Drive, Rocklin, CA Aug-10 Jan-12 SFR 1 140,000 188,000 36,100 19%113 Eton, Larkfield, CA Sep-10 Feb-11 SFR 1 281,700 330,000 12,200 4%4823 Chico, Sonoma County, CA Oct-10 Mar-11 SFR 1 69,100 230,000 87,100 38%



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4747 Amelia, Fair Oaks, CA Nov‐10 Aug-14 SFR 1 120,000 238,000 68,379 29%533 S Main. Sebastopol, CA Nov‐10 Mar-11 SFR 1 170,000 315,000 58,100 18%78455 Calle Orense, La Quinta, CA Jan-11 Aug-11 SFR 1 179,000 239,000 (6,190) ‐3%1409 West Avenue, Santa Rosa, CA Feb-11 Mar-11 SFR 1 135,000 220,000 56,800 26%7651 Beverly, Rohnert Park, CA Mar-11 Aug-11 SFR 1 187,160 255,181 51,870 20%404 Ely, Petaluma, CA Mar-11 Jun-11 SFR 1 206,000 275,000 9,331 3%1115 Navarro, Santa Rosa, CA Apr-11 Aug-11 SFR 1 220,000 305,000 31,700 10%137 Neville, Santa Rosa, CA May-11 Aug-11 SFR 1 90,000 217,500 48,900 22%1431 Petaluma Hill, Santa Rosa, CA May-11 Dec-11 SFR 1 93,500 157,000 (3,843) ‐2%2501 Betsy, Rancho Cordova, CA May-11 Oct-11 SFR 1 88,000 140,000 13,725 10%848 Falcon, Healdsburg, CA May-11 Jul-11 SFR 1 230,000 342,000 49,437 14%2545 Cadjew, Sacramento, CA May-11 Jun-15 SFR 1 75,000 161,000 68,943 43%4412 C Parkway, Sacramento, CA May-11 Jul-11 SFR 1 69,000 176,500 45,767 26%8046 Grandstaff, Sacramento, CA Jun-11 Mar-15 SFR 1 88,000 205,000 84,897 41%1152 Saint Anthony, Petaluma, CA Jun-11 Oct-11 SFR 1 226,000 340,000 39,770 12%1791 Walnut Creek, Santa Rosa, CA Jun-11 Oct-11 SFR 1 255,000 315,000 7,521 2%1018 Corby, Santa Rosa, CA Aug-11 Aug-11 SFR 1 113,000 175,000 21,500 12%748 W. 8th Street, Santa Rosa, CA Aug-11 Oct-11 SFR 1 150,000 60,000 63,071 105%5538 Bradford, Sacramento, CA Aug-11 Dec-14 SFR 1 76,000 165,000 52,889 32%7472 Balfour, Sacramento, CA Aug-11 Sep-14 SFR 1 69,000 140,000 49,812 36%1039 Stevenson, Santa Rosa, CA Sep-11 Nov‐13 SFR 2 232,500 445,000 130,908 29%4514 Winners, Rocklin, CA Sep-11 Jun-12 SFR 1 134,000 219,000 9,804 4%3709 Pine Hollow, Antelope, CA Sep-11 Aug-12 SFR 1 150,000 212,000 39,592 19%2449 Sandringham, Sacramento, CA Sep-11 Jan-15 SFR 1 100,000 234,000 81,727 35%7871 Quail Park, Antelope, CA Sep-11 Oct-15 SFR 1 92,500 257,000 115,650 45%4401 Crestridge, Fair Oaks, CA Sep-11 Jun-15 SFR 1 100,000 255,000 105,461 41%1429 Wacker, Sacramento, CA Sep-11 Dec-14 SFR 1 65,700 155,000 62,251 40%2132 Ethan, Sacramento, CA Oct-11 Sep-14 SFR 1 65,000 145,000 57,801 40%



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4280 Blank, Sebastopol, CA Oct-11 Nov‐12 SFR 1 161,500 475,000 162,100 34%4290 Blank, Sebastopol, CA Oct-11 Oct-12 SFR 1 150,000 256,500 152,400 59%4607 Tuttle, Rocklin, CA Oct-11 Jul-14 SFR 1 122,000 255,000 95,382 37%627 Olive, Santa Rosa, CA Oct-11 Mar-15 SFR 1 50,000 195,000 113,131 58%2713 Los Amigos, Rancho Cordova, CA Nov‐11 Sep-14 SFR 1 80,000 205,000 88,877 43%1531 S. Wright, Santa Rosa, CA Dec-11 Jan-12 SFR 1 155,000 300,000 67,174 22%7448 Rollingwood, Citrus Heights, CA Dec-11 Jan-15 SFR 1 70,000 198,000 68,525 35%7349 Oakberry, Citrus Heights, CA Jan-12 Jun-12 SFR 1 79,000 154,500 28,816 19%6550 Landis, Carmichael, CA Feb-12 Feb-13 SFR 1 172,000 450,000 86,668 19%4907 Cabrillo, Sacramento, CA Mar-12 Oct-14 SFR 1 80,000 205,000 81,132 40%2521 Gunn Road, Carmichael, CA Apr-12 Oct-14 SFR 1 125,000 220,000 78,420 36%1167 Ethan Drive, Santa Rosa, CA May-12 Jul-12 SFR 1 202,500 275,500 21,676 8%1939 Green Canyon, Fallbrook, CA May-12 Sep-13 SFR 1 313,000 550,000 134,295 24%2382 Connie Drive, Sacramento, CA Jun-12 Jun-14 SFR 1 75,000 135,000 39,462 29%5633 20th Street, Rio Linda, CA Jun-12 Sep-15 SFR 1 70,000 199,500 91,662 46%14800 McDonough Heights, Healdsburg, CA Jun-12 Apr-13 SFR 1 310,000 600,000 73,994 12%6577 Laird Rd, Loomis, CA Jul-12 Mar-15 SFR 1 275,000 890,000 68,395 8%4009 Westporter, Sacramento, CA Jul-12 Jun-14 SFR 1 106,000 200,000 56,412 28%19122 E St, Monte Rio, CA Aug-12 Jun-13 SFR 1 200,000 325,000 23,179 7%4415 Vine, Santa Rosa, CA Aug-12 Feb-13 SFR 1 150,500 281,500 60,640 22%1813 Walnut Creek Court, Santa Rosa, CA Aug-12 Nov‐12 SFR 1 215,000 300,000 15,991 5%4615 Acacia, Pengrove, CA Oct-12 Apr-13 SFR 1 275,000 590,000 134,060 23%18371 Comstock, Sonoma, CA Nov‐12 Feb-13 SFR 1 244,000 340,000 32,968 10%5009 Hemlock, Carmichael, CA Nov‐12 Aug-13 SFR 1 170,500 275,000 35,125 13%516 Duncan, Santa Rosa, CA Dec-12 Jan-13 SFR 1 180,000 200,000 20,584 10%2033 Bluebell, Santa Rosa, CA Dec-12 Jun-13 SFR 1 131,500 260,000 55,737 21%9870 Berry Ln, Windsor, CA Jan-13 Apr-14 SFR 1 215,000 341,000 47,786 14%1109 Graham Ct, Windsor, CA Feb-13 Aug-13 SFR 1 181,500 360,500 98,654 27%



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216 Earle Street, Santa Rosa, CA Apr-13 Aug-13 SFR 1 224,000 265,000 41,232 16%8465 Lonely Oak, Fair Oaks, CA May-13 Jun-14 SFR 1 245,000 405,500 20,583 5%3079 Bridgeford Drive, Sacramento, CA May-13 Mar-15 SFR 1 110,000 212,000 51,081 24%660 Solano, Sonoma, CA Jul-13 Aug-14 SFR 1 429,000 865,000 131,623 15%18620 La Placita, Sonoma, CA Jul-13 Dec-13 SFR 1 528,500 780,000 79,730 10%17650 Sunset Way, Sonoma, CA Jul-13 Nov‐13 SFR 1 200,000 210,000 3,261 2%183 Central Avenue, Sonoma, CA Jul-13 Mar-14 SFR 1 300,000 442,000 56,897 13%18087 Las Lomas, Sonoma, CA Jul-13 Aug-14 SFR 1 200,000 531,000 269,820 51%5023 Midas Avenue, Rocklin, CA Sep-13 May-14 SFR 1 370,000 475,000 13,700 3%6466 Timber Springs, Santa Rosa, CA Sep-13 Apr-14 SFR 1 440,000 620,000 (18,648) ‐3%1950 Spencer Street, Napa, CA Nov‐13 Mar-15 SFR 1 440,000 649,000 (1,800) 0%455 Mallard, Santa Rosa, CA Dec-13 Mar-14 SFR 1 305,000 430,000 56,056 13%4041 Princeton Drive, Santa Rosa, CA Feb-14 Jun-14 SFR 1 289,500 401,000 31,907 8%857 33rd Street, Sacramento, CA Mar-14 Sep-14 SFR 1 360,000 475,000 23,797 5%17521 Balsam, Sonoma, CA Apr-14 Oct-14 SFR 1 255,000 510,000 113,872 22%864 Wilfred Avenue, Santa Rosa, CA Jul-14 Sep-14 SFR 1 452,500 610,000 112,381 18%1222 Castle, Sonoma, CA Oct-14 Aug-15 SFR 1 1,320,000 2,245,000 205,045 9%9145 La Riviera, Sacramento, CA Feb-15 Aug-15 SFR 1 210,000 278,000 991 0%16880 Estrella, Sonoma, CA Mar-15 May-15 SFR 1 705,000 1,100,000 185,237 17%324 Decker, Santa Rosa, CA Nov‐99 May-01 SFR 1 - 285,000 106,900 38%1651 Eardley, Santa Rosa, CA Jun-02 Aug-06 SFR (2) + Duplex 4 349,000 815,000 272,100 33%3467 and 3453 Brooks Avenuenue, Santa Rosa, CA Mar-03 Jun-04 SFR + Devel 1 350,000 890,000 361,600 41%8646 and 8648 Old Redwood Highway, Windsor, CA Apr-13 May-15 SFR + Granny 2 35,000 682,115 (189,954) ‐28%326 Decker, Santa Rosa, CA Jul-99 Nov‐99 SFR + Land 1 165,000 169,000 (12,140) ‐7%3830 Elwin, Santa Rosa, CA (plus lot) Jul-12 Jun-15 SFR + Land 1 225,000 855,000 428,700 50%

Total 323 $34,837,912 $56,093,896 $9,766,357 17%

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Property Acquisition Date Property Type No. of Units Purchase

Price Market Value

5060 Olivehurst Avenue, Olivehurst, CA Mar-05 Dev. Land + SFR 2 250,000 225,000 7520 Stoddard Lane, Citrus Heights, CA (*plus land*) Nov‐12 Dev. Land + SFR 1 170,000 330,000 2863 West Steele Lane, Santa Rosa, CA Jul-13 Dev. Land + SFR 1 325,000 539,000

Chestnut Avenue, Olivehurst, CA Jun-07 Dev. Land/Ind. Building 1 1,308,000 400,000

405 5th Street, Sonoma, CA Feb-14 Development Land 7 462,500 850,000

7110 Stella Lane, Carmichael, CA Nov‐13 Multi‐Family 3 235,000 354,000 Villagio Condos/Multi Family, Sacramento, CA Aug-14 Multi‐Family 33 2,475,000 3,500,000 Shasta View Apartments, Redding, CA Dec-14 Multi‐Family 51 3,250,000 3,800,000 Empress Apartments, Sacramento, CA Mar-15 Multi‐Family 10 425,000 599,000 Cedar Hills Apartments, Del City, OK Jun-15 Multi‐Family 124 4,600,000 4,900,000 Rosewood Gardens, Sacramento, CA Oct-15 Multi‐Family 33 1,925,000 1,925,000 1500 Farmers Lane, Santa Rosa, CA Dec-13 Office 17,000 sqft 2,050,000 2,800,000 5810‐5830 Commerce Blvd., Rohnert Park, CA Aug-14 Office 20,000 sqft 2,650,000 3,000,000 Group of 5 houses, Omaha, NE May-03 SFR 5 190,000 260,000 1121 San Clemente, Santa Rosa, CA Jul-11 SFR 2 114,000 310,000 2223/2225 Cantalier, Sacramento, CA Aug-11 SFR 2 101,000 296,000 1905 Waterford, Sacramento, CA Sep-11 SFR 1 95,000 195,000 5235/5237 Faught, Santa Rosa, CA Sep-11 SFR 2 203,500 457,000 126 Almond, Fallbrook, CA Oct-11 SFR 1 118,000 300,000 2009 Robert, Sacramento, CA Feb-12 SFR 1 55,300 114,000 7840 Winding Way, Fair Oaks, CA Jun-12 SFR 1 272,000 639,000 118 - 124 W Robles, Santa Rosa, CA Jul-12 SFR 6 365,000 466,000

Current Portfolio of Assets


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Current Portfolio of Assets

1505 Morse, Sacramento, CA Aug-12 SFR 1 106,000 145,000 1017 Deturk Aveue, Santa Rosa, CA Aug-12 SFR 1 109,610 353,000 531 Mission Blvd., Santa Rosa, CA Nov‐12 SFR 1 120,000 265,000 1925 Bowling Green, Sacramento, CA Nov‐12 SFR 1 118,000 200,000 15126 Sequoia Road, Guerneville, CA Dec-12 SFR 1 65,299 218,000 1305 Southwest #G, Rohnert Park, CA Jan-13 SFR 1 69,000 217,000 9850 Berry Lane, Windsor, CA Jan-13 SFR 1 249,000 419,000 29 Conifer Square, Rohnert Park, CA Feb-13 SFR 1 115,000 302,000 8652 Old Redwood Highway, Windsor, CA Apr-13 SFR 1 35,000 549,000 419 Olive Street, Santa Rosa, CA Apr-13 SFR 1 190,000 397,000 2131 West Steele Lane, Santa Rosa, CA Sep-13 SFR 1 117,000 207,000 Brush Street, Graton (3 houses), CA Oct-14 SFR 3 460,000 850,000 946 Central Avenue, Sonoma, CA Apr-15 SFR 1 215,000 650,000 5006 Grange, Santa Rosa, CA Apr-15 SFR 1 725,000 1,450,000 1539 Lincoln Street, Albany, OR May-15 SFR 1 83,000 135,000 38th Avenue, Sacramento, CA May-15 SFR 1 135,000 225,000

Total 307 24,551,209 32,841,000

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$2,000,000

$4,000,000

$6,000,000

$8,000,000

$10,000,000

$12,000,000

$01999 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014

Acquisitions in Dollars

Trend

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Management Team / Altus Equity Group, LP

Forrest Jinks, Founder and Co-Partner

As an entrepreneur from an early age, Forrest demonstrated a solid foundation of business acumen. While still in college, Forrest launched two successful businesses that both showed astute diligence and both experienced successful

exits. Within one week of graduation, Forrest acquired his first real estate property, demonstrating his determination and application of finance principles. Forrest has grown that initial acquisition into Altus Equity Group, a formidable Real Estate Private Equity enterprise.

Forrest Jinks has more than 21 years diverse real estate experience and has served as the lead investor in more than $100 Million of real estate transactions.

Upon graduation with honors in 1999 from Cal Poly, armed with degrees in finance and economics, Forrest was recruited to Medtronic Corporation. During his three year tenure, Forrest was promoted three times to ultimately hold responsibilities as

the Vascular Division Senior Budget Analyst, working directly with the President, overseeing regional budgets of several hundred million dollars and personally managing the bi‐coastal transfer and operations of an entire manufacturing facility.

In 2003 Forrest departed Medtronic to launch Expowth, Principals in Real Estate Investing and Project Management. As Founder and President of Expowth, Forrest grew the multi‐state business into three distinct divisions; focusing on distressed property acquisitions, project development, and the entire scope of property preservation management for more than 1000 bank owned REO assets. In 2009 Forrest orchestrated the merger of Expowth with Inland Management Company, restructuring to Altus Equity Group. He subsequently bought out the existing managing partner in 2013.

Over Forrest’s personal career, he has cumulatively built a diversified portfolio of over 750 residential units, 270,000 square feet of office/retail and 32 development/re‐development projects with a geographic footprint spanning the western United States over seven states.

Forrest has led Altus Equity to diversify over various asset classes including single family, multi‐family, commercial and

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retail involving development, repositioning, opportunistic and value add projects. He engages progressive, yet calculated business scaling, contingent upon the firm’s ability to go after larger projects with discipline. He is recognized for his constant finessing of detail, systems and communications.

Education: BS Finance/Economics, Cum Laude, Cal Poly San Luis Obispo

• Licenses: CA RE broker’s license, CA Contractors License

• Community Involvement, Philanthropy, and Youth Champion:

• Member, North Bay Angels

• Leadership Santa Rosa

• Past Board Member, Youth Business Week

• Big Brothers/ Big Sisters Organization, Mentor

• Board Member, Head of Construction and Development Committee, Habitat for Humanity

• Founder and President of Board for North Bay Entrepreneur’s Association

• Advisory Committee for Tomorrow’s Leader Today

• Past Advisory Committee member, Santa Rosa Chamber of Commerce

• Frequent Invited Guest Speaker, Featured Industry Authority and Author:

• Santa Rosa Press Democrat, North Bay Biz

Personal: Forrest is a competitive water skier who loves basketball, reading, traveling, working with his hands, and spending time with friends. He resides in Santa Rosa, CA with his lovely wife Melissa and two delightful young children.

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While in this capacity, Kristy’s scrutinizing eye discovered over $1.5 million in unrecognized and previously unrecovered funds owed to H.P.

Kristy’s skills were not unnoticed. She was then recruited to join E Trade Financial Corporation as Director of Finance. In this very public role, Kristy expressed both her intensity of conviction and her astute business acumen. She held senior level responsibilities related to U.S. Retail Brokerage and Business Solutions Divisions ($500M net revenue) while managing a team of research analysts. In this role, Kristy was responsible for identifying favorable and unfavorable trends over dozens of metrics and tasked with creating action plans to effect improvement. Embracing the challenge, Kristy subsequently won accolades for detecting specific faulty promotion fulfillment systems, which she deftly modified, resulting in significant savings to the bottom line.

Since joining Altus Equity Group in 2013, Kristy has continuously demonstrated her very capable and diverse skill sets. Her innate leadership skills, extensive knowledge of financial platforms and operational insights have generated far reaching results.

Kristy Brooks, Partner and Managing DirectorKristy brings the uncommon combination of financial mastery, keen operational sensibilities and the agility to easily traverse between financial sleuthing, operational finesse and investor intelligence.

In 1996, armed with a Master’s Degree in Finance and Marketing from Indiana University, Kelley School of Business, Kristy quickly became a Senior Financial Analyst with Staples, Inc. In this role, she was integral in the enterprise analysis and final determination regarding one of the country’s largest proposed mergers; that of Staples with Office Depot. Kristy was singularly selected by Staples top management as the merger liaison representative for the SEC investigative panel in Washington, D.C.

Subsequently, while a Senior Financial Analyst with Hewlett Packard Company; Kristy managed a team responsible for analysis and aggregation of integral details supporting the apportionment of the Agilent business division spin‐off.

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Education: MBA, Kelley School of Business‐ Finance and Marketing ‐ B.S. , UC Davis CA – Managerial Economics

Community Involvement:

• 2 years as Co‐President and 4 years as committee member with Liberty School Foundation

• Fundraising Co‐Chair, Sycamore Park Project

• Introduced Girls on the Run, a worldwide enrichment project to Sonoma County School Foundation

• Coached and facilitated Girls on the Run for two years; a program for girls grade 3‐5

Personal: Kristy lives with her husband and 10 year old son and daughter twins. She’s an avid basketball fan and movie lover.

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management, and construction companies. Over a five year period, his platform included 50 retail projects and BP’s national hydrogen retail development plan. This included the 1st U.S. retail designed hydrogen fueling facility at LAX (Los Angeles International Airport). Governor Arnold Schwarzenegger inaugurated the site with Mike and he was awarded the 2004 Excellence Award for his leadership.

Prior to Mike’s work in the multi‐family and commercial real estate industry, he managed numerous high volume residential and master planned developments for Toll Brothers, Inc., the nation’s largest developer and builder of luxury homes. One of his projects, Uwchlan Woods, was awarded Community of the Year by the U.S. Home Builders Association.

Mike earned a B.S. in Civil Engineering from Villanova University and a M.B.A. from the University of Southern California. He is a current Advisor to the Board and prior Board Member for Mychal’s Learning Place, a non‐profit organization focused on assisting children with developmental disabilities.

Mike is contributing his extensive industry knowledge and network of affiliates in an advisory capacity with various Altus Equity activities. He is not integrally involved in the Rockwell Plaza transaction.

Mike Flaherty, AdvisorMichael Flaherty is the Founder and Managing Partner of L5 Real Estate Investments. Throughout his career Mike has been involved in the ownership, development and entitlements of over 200+ nationwide

commercial and residential properties valued at over $1 billion in total – including multi‐family, resort, hospitality, office, retail and large master planned residential communities.

Prior to founding L5, Mike was a Partner with Cardinal Real Investments where the focus was on the astute repositioning and development of residential and commercial in Los Angeles and New York City. This included the repositioning of a $29 million office building and an $18 million mixed‐use development.

He has worked internationally and domestically for Lend Lease, British Petroleum and Toll Brothers.

Mike also managed British Petroleum’s (BP) zoning and real estate development platform for Bovis Lend Lease, one of the world’s largest real estate development, project

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Oklahoma City Attractions

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For additional information and consideration, please contact:

Altus Equity Group, LP 120 College Ave. Santa Rosa, CA 95401 (707) 932-5887

Forrest Jinks, Founder and Co-Partner (707) 888-4473

Kristy Brooks, Partner and Managing Director (707) 238-2048

In Conclusion

altus equity

Economy & Finance