YEAR IN REVIEW - Dispositions

• ADVENIR AT PRESTONWOOD

  

  Invested Capital:

  $9,800,000

  Sale Proceeds:

  $37,600,000

  Equity Multiple:

  1.34x

  Annualized Return:

  11.2%

  Years Held:

  3

  Date Sold:

  2019

• ADVENIR AT SPRING CANYON

  

  Invested Capital:

  $12,100,000

  Sale Proceeds:

  $69,300,000

  Equity Multiple:

  2.96x

  Annualized Return:

  35.7%

  Years Held:

  5.5

  Date Sold:

  2019