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Rental Comparables<br />

ONE BEDROOM UNITS<br />

Property Name Unit Type Size (SF) Rent Rent/SF<br />

Eden's Edge 1BD/1BA 680 $859 $1.26<br />

Deerfield - ProForma 1BD/1BA 778 $850 $1.09<br />

Oaks at Normandy 1BD/1BA 817 $825 $1.01<br />

The Park at Marbella 1BD/1BA 635 $800 $1.26<br />

Deerfield - Current 1BD/1BA 778 $800 $1.03<br />

Deerfield - Current 1BD/1BA 778 $770 $0.99<br />

The Forest 1BD/1BA 700 $744 $1.06<br />

The Park at Marbella 1BD/1BA 470 $715 $1.52<br />

Palm Trace 1BD/1BA 675 $705 $1.04<br />

Total/Average 735 $804 $1.09<br />

TWO BEDROOM UNITS<br />

Property Name Unit Type Size (SF) Rent Rent/SF<br />

The Park at Marbella 2BD/2BA 1,176 $1,010 $0.86<br />

Eden's Edge 2BD/2BA 969 $977 $1.01<br />

Deerfield - ProForma 2BD/2BA 998 $950 $0.95<br />

Deerfield - Current 2BD/2BA 998 $950 $0.95<br />

Oaks at Normandy 2BD/2BA 1,060 $925 $0.87<br />

The Park at Marbella 2BD/1BA 1,060 $920 $0.87<br />

Palm Trace 2BD/1.5BA 975 $890 $0.91<br />

Deerfield - Current 2BD/2BA 998 $860 $0.86<br />

The Forest 2BD/1BA 900 $815 $0.91<br />

Total/Average 1,005 $921 $0.92<br />

THREE BEDROOM UNITS<br />

Property Name Unit Type Size (SF) Rent Rent/SF<br />

Oaks at Normandy 3BD/2.5BA 1,368 $1,200 $0.88<br />

Deerfield - ProForma 3BD/2BA 1,300 $1,150 $0.88<br />

Eden's Edge 3BD/2BA 1,127 $1,145 $1.02<br />

The Park at Marbella 3BD/2BA 1,324 $1,100 $0.83<br />

Deerfield - Current 3BD/2BA 1,300 $1,100 $0.85<br />

Deerfield - Current 3BD/2BA 1,300 $1,060 $0.82<br />

The Forest 3BD/1.5BA 1,100 $915 $0.83<br />

Total/Average 1,300 $1,130 $0.87<br />

COLLIERS INTERNATIONAL P. 9

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