Equity Request Form — Seneca Communities

Equity Investment Information Request

Please fill out the below table to the best of your ability regarding the subject property seeking an equity investment. We understand that you might not have all of the information requested and many of the requested items are assumptions.

Project Name

First Name

Last Name

Address

Address 1

Address 2

City

State/Province

Zip/Postal Code

Country

Company Name

Company Website

Contact Person

Contact Email

Project Type

Project Information

Value-Add Redevelopment

Ground-Up Development

Number of Units

Gross Square Feet

How is the project addressing affordable-workforce housing?

Have you executed a property management LOI with a property manager (i.e. Noah Living / Common Living)?

Yes

Investment Metrics: Purchase Price (Not including capex and closing costs)

CapEx & Closing Costs

Total Project Capitalization (Equity & Debt)

Total Acquisition & Construction Debt Proceeds

Sponsor Equity Contribution

LP Equity Contribution

Are you looking for Seneca to come in for a majority/all of the LP equity or a minority stake?

Majority / All

Minority

Return Information: Hold Period (Years)

Stabilized Net Operating Income

Going-in Un-levered Capitalization Rate

In-place Net Operating Income / (Purchase Price + Closing Costs)

Stabilized Un-levered Yield-on-Cost

Net Operating Income / Total Project Capitalization

Stabilized Levered Yield-on-Equity

Net Operating Income after Debt Service / Equity Invested

Exit Value

Hold Period Project Level IRR

Hold Period Project Level Equity Multiple

IMPORTANT NOTE: Please send any additional information you are willing to share to admin@senecacommunities.com (i.e. offering memorandum, financial model, building financials, property photos).