BY DESIGN: 2022 SURVEY REPORT

TRENDS IN RESPONSES REGARDING COMMUNITY AMENITIES From 2020 to 2021, rates of very high priority responses increased most for reserved parking, car-charging stations, and secured community access. Expected rent premiums increased most for playgrounds, car-charging stations, and additional storage outside unit.

Top 5 Very High Priority Percentage Top 5 Average Rent Premium

Percent of Respondents Assigning a Very High Priority

Average Rent Premium

2021 vs. 2020

2021 2020 2019

Secured Community Access Pool

30 bps -19 bps 179 bps 11 bps -65 bps -54 bps -49 bps -8 bps -32 bps -130 bps -101 bps -64 bps -5 bps -43 bps -198 bps -147 bps -180 bps -120 bps 20 bps 62 bps 40 bps -43 bps -108 bps -137 bps -126 bps 125 bps 232 bps -159 bps 168 bps

3.6% 3.4% 4.4% 1.5% 4.5% 0.2% 8.4% 0.8% 0.8% 3.7% 0.1% 3.6% 7.0% 1.6% 4.4%

$50 $74 $51 $56 $46 $47 $36 $49 $61 $48 $50 $59 $41 $53 $53 $42 $54 $39 $37 $54 $50 $48 $36 $63 $39 $62 $67 $66 $70

$49 $58 $51 $53 $44 $46 $34 $49 $58 $46 $45 $74 $42 $51 $51 $41 $53 $38 $37 $50 $50 $48 $34 $59 $38 $58 $67 $65 $67

$48 $76 $50 $51 $45 $44 $34 $46 $56 $47 $49 $57 $41 $50 $49 $41 $52 $38 $35 $50 $49 $47 $35 $59 $38 $58 $63 $62 $66

11% 11% 10% 10% 10% 11% 15% 15% 16% 16% 16% 18% 19% 18% 24% 29% 27% 25% 29% 41% 43%

11% 10% 10% 9% 11% 15% 15% 16% 16% 16% 17% 18% 20% 23% 27% 28% 28% 29% 42% 43%

11% 13% 14% 14% 15% 17% 17% 19% 19% 22% 26% 27% 29% 32% 41% 44%

Reserved Parking Package Lockers Rooftop Amenity Space Recycling Program Sustainability / Green Certifications Community Dog Park Additional Storage Outside Unit Community Wi-Fi Valet Trash Service Clubhouse Barbecue Grills Outdoor Recreational Facilities Fitness Classes Pet-washing Station Concierge Services Playground Outdoor Kitchen Fitness Trainer Wi-Fi Café Secured Bike Storage Business Center Community Vegetable Garden Movie Theater Conference Room Car-charging Station Laundry Lockers Valet Parking

0.1% 2.8% 9.0% -1.1% 4.6% 2.7% 1.3% 6.1% -0.4% 4.7% 4.1% 10.8% -0.3% -2.3%

4% 5% 6% 7% 7% 8% 8% 8% 9% 9% 9% 9% 9%

4% 5% 5% 7% 8% 8% 8% 8% 9%

4% 5% 4% 7% 9% 8% 9% 7%

THE WELL Henderson, NV