GREA Mid-Atlantic

JUST LISTED: REO | 402 UNITS | 686 BEDS | THE COVE AT STATE STREET | ADJACENT TO LSU | BELOW REPLACEMENT COSTS

Walk-to-Campus Location
0.25 miles to LSU, in the established North Gate off-campus housing district anchored by The Chimes, Louie's Café, and the original Raising Cane's; Walkable proximity at this basis cannot be replicated through new construction

Deep Going-In Basis
Price per bed is materially below replacement cost and below recent comparable student-housing trades in the Baton Rouge market, providing meaningful downside protection

Heavy Value-Add with Mark-to-Market Upside
Chronically under-leased and under-rented, with in-place rents below comparable LSU-area properties; Upside through a capital program across unit interiors and amenities, a leasing reset aligned to the LSU pre-leasing calendar, and an expense recalibration

Captive, Growing Demand Base
LSU enrolled 43,385 students in Fall 2025, including a record freshman class, roughly 78% of students live off-campus, and on-campus housing capacity is structurally limited

Capital Already Underway
New roofs completed in 2025; Partial HVAC upgrades completed in 2026 (70 units converted from PTAC to split systems)

Abundant Community Amenities
Resort-Style Swimming Pool and Sun Deck, Landscaped Courtyard with Grill and Dining Areas, Outdoor Lounge Areas, Mail Package Center, Fitness Center, Yoga Studio & More

Details at the link: https://grea.com/properties/ #/3000-july-street

LISTING BROKER
Jennifer Stein Real Estate, Inc.
LA License: Brok995713229-CORP
Jennifer D. Stein, Broker
LA License: Brok0995688204-Act

JUST LISTED: THE COMMODORE - DOWNTOWN EASTON | 38 LUXURY RESIDENCES | 19,050 SF COMMERCIAL SPACE | ICONIC MIXED-USE RIVERFRONT PROPERTY | LEHIGH VALLEY, PA

Premier Riverfront Asset
A top-of-the-market, lifestyle-focused mixed-use community with modern finishes, high ceilings, expansive windows with scenic views, and four vibrant commercial spaces, accompanied by a rooftop restaurant facing the waterfront

Luxury Residential Living
Each apartment is thoughtfully designed with modern finishes, open layouts, and sweeping views

Prime Easton Location
Walkable downtown riverfront setting with easy access to remarkable dining options, entertainment, and convenience to local employers

Strong Market Fundamentals
Revitalized downtown, growing population, and diverse employment base drive sustained rental demand

Diversified Income Streams
Residential and commercial tenants, including spa, bakery café, fitness studio, and rooftop restaurant, provide stable cash flow

Details at the link: https://grea.com/properties/ #/the-commodore

Just Listed: 37 Units | 152 Beds | Adjacent to SHSU | Newer Construction | Huntsville, Texas

Stabilized, Cash-Flowing Asset with Mark-to-Market Upside
Property is currently leased on a by-the-bed basis and the pre-leasing velocity is strong

Captive, Growing Demand Base
Sam Houston State University has a total enrollment of ~21,000 students, with roughly 78% of undergraduates living off-campus and on-campus housing structurally limited to ~4,100 beds. SHSU's recent move to Conference USA further elevates the University's regional profile and athletic visibility

Newly Constructed, Premium Product
Built in 2021, the cottage community offers granite countertops, stainless steel appliances, concrete and wood-style flooring, high 9-foot ceilings, full-size washers and dryers, walk-in closets, and private bathrooms in every bedroom - a finish package that consistently outperforms the traditional garden-style competition in the SHSU sub-market

Efficient, Low-Overhead Operations
The cottage format has minimal common-area and shared-amenity space to maintain, residents pay their own electric and water, and the asset requires little to no near-term capital expenditure - driving lower expense load and simpler management oversight than traditional student communities

Walk-to-Campus Location
Bearkat Cottages is a ~10-Minute Walk to Sam Houston State University Campus and is adjacent to Elliott T. Bowers Stadium

Details at the link: https://grea.com/properties/ #/bearkat-cottage-at-shsu

Yesterday we brought together some of Philadelphia's most influential voices in real estate for GREA's Coffee and Cap Rates at the Union League. Dr. Peter Linneman opened with a timely overview of the economic landscape, setting the stage for a wide-ranging panel discussion covering rent trends, suburban and urban development, Center City office building repositioning, today's capital stacks, and the future of AI in real estate.

Thank you to our exceptional speakers: Peter Linneman (Linneman Associates), Dan Berger (Berger Communities), Greg Webster (PMC Property Group), Joseph DeFelice (U.S. Department of Housing and Urban Development), Matt Pestronk (Post Brothers), and Jake Reiter (Verde Capital Corp) for sharing your expertise and perspectives with our community.

JUST LISTED: 78-UNIT AFFORDABLE HOUSING PORTFOLIO | 29 PROPERTIES | CLOSE TO PUBLIC TRANSIT | BALTIMORE, MD

100% Project-Based Section 8
Rents Heavily Subsidized by the Federal Government

Social Impact
Strong Potential for Mission-Driven Investment; Preserve Affordable Housing

Immediate Economies of Scale
78 Units within Blocks of Each Other with a Central Leasing Office

Proximity to Public Transit
Upton and State Center Baltimore Metro Subway Stations and Bus Routes 5, 7, and 21 Nearby

Access to Major Employers
Convenient to the University of Maryland Medical Center and Johns Hopkins University

Details at the link: https://grea.com/properties/ #/upton-druid-affordable-housing-portfolio

JUST LISTED: 26 Units in the Germantown Neighborhood of Philadelphia, PA

Adaptive Reuse Asset
Unique Industrial-Style Units Offering Differentiated Product in the Sub-Market

Proximity to Essential Retail
Located Near Save A Lot, Rite Aid, Family Dollar, Germantown Plaza, and the Germantown Avenue Retail Corridor

Access to Public Transportation
Short Walk to SEPTA Chestnut Hill East Line (Washington Lane Station) and Bus Routes 23, 53, and 71 with Direct Access to Center City

Social Impact; Strong Potential for Mission-Driven Investment
Preserve Naturally Occurring Affordability for Low- and Moderate-Income Residents

Accessibility & Connectivity
Minutes to Roosevelt Boulevard (Route 1) and Interstate 76 (the Schuylkill Expressway)

Details at the link: https://grea.com/properties/ #/4700-stenton-avenue

A sample of our recent closings out of our Mid Atlantic and Miami offices.
View available listings at https://grea.com/properties/ #/

JUST LISTED: 41-UNIT PORTFOLIO | 3 PROPERTIES | VALUE ADD | CLOSE TO NEIGHBORHOOD RETAIL & HIGHWAYS | HUNTING PARK | PHILADELPHIA, PA

Attractive Unit Mix
63% One-Bedroom, 34% Two-Bedroom, and 3% Four-Bedroom Units

Strong Rental Market with Value-Add Opportunities
Dense Residential Neighborhood with Stable Workforce Housing Demand and the Opportunity to Increase Rents 10-15% through Light Interior Renovations

Access to Public Transit
3-Minute Walk to SEPTA Bus Routes and 8-Minute Walk to Olney Transportation
Center, providing Direct Broad Street Line Access to Center City in ±15 Minutes

Proximity to Major Arteries
±10 Minutes to I-95 and ±12 Minutes to I-76 (the Schuylkill Expressway); Immediate Access to Roosevelt Boulevard (US-1), Offering Convenient Regional Connectivity

Retail, Shopping & Daily Conveniences
±4 Minutes to ShopRite, ACME, Fine Fare, and Aldi, with Walking-Distance Access to Neighborhood Retail along Olney Avenue and Broad Street

Details at the link: https://grea.com/properties/ #/hunting-park-portfolio

JUST LISTED: 18 APARTMENTS & 20 OFFICE SUITES | VALUE ADD | OFFICE TO APARTMENT CONVERSION POTENTIAL | GLOUCESTER COUNTY, NEW JERSEY

Unique Opportunity; Apartments & Office
Mixed-Use Asset Featuring 18 Apartment Units and 20 Office Suites

Value-Add Opportunity
Complete Renovation of Remaining Apartment Units to Increase Rents 25%+

Residential Conversion Potential
Opportunity to Reposition Office Suites into Additional Apartment Units

Strong Occupancy
Property has Currently and Historically Run at 100% Occupancy

Regional Connectivity
Convenient Access to Route 47, Route 295, Route 55, and the Walt Whitman Bridge, Connecting Tenants to Philadelphia and Surrounding Employment Centers

Mixed-Use Income Diversification
Residential and Commercial Tenancy Creates Multiple Income Sources and Long-Term Investment Stability

Details at the link: https://grea.com/properties/ #/1170-delsea-drive

NJ BOR 9110168

JUST LISTED: 116-UNIT SCATTERED SITE PORTFOLIO | RENTAL UPSIDE | HIGH-OCCUPANY SUBMARKET | HAVRE DE GRACE, MD

High-Occupancy Sub-Market
Properties in the Sub-Market Average 95%+ Occupancy, Providing an Opportunity for New Ownership to Lease Up the Remaining 11% of Vacant Units

Rental Upside & Value-Add Opportunity
Average In-Place Rent of $771 with Clear Opportunity to Increase Rents through Light Renovations to Kitchens and Baths, and Improved Curb Appeal

Outstanding Unit Mix
28% Studios, 39% One-Bedroom, 30% Two-Bedroom, and 4% Three-Bedroom Floor Plans

Prime Retail Exposure
8 Fully Occupied Street-Level Commercial Units at “Main & Main” in Havre De Grace

Excellent Downtown Havre de Grace Location
Walkable to the Waterfront and Business District; Positioned with Direct Access to I-95 between Baltimore and Philadelphia

Details at the link: https://grea.com/properties/ #/havre-de-grace-portfolio