Reynolds Asset Management Operator Insights Unlocking Potential in Tertiary Real Estate Markets (May 6, 2025)

Reynolds Asset Management In The News Arts Council Celebrates “The Mural” By Artist Dan Fenelon With A Ceremony In Orange, NJ (May 15, 2024) Reynolds Asset Management Receives $19.5M Agency Loan for Refinancing of Poughkeepsie Multifamily Property (May 9, 2024) Reynolds buys 360-unit rental portfolio in Texas, its latest out-of-state acquisition (Feburary 27, 2024) Rural bargain: Texarkana apartment complexes sell for $23M (Feburary 26, 2024) Reynolds secures $29 million bridge-to-perm loan for 103-unit Orange rental project (February 1, 2024) Reynolds eyes 2024 groundbreaking after landing approvals for Princeton Pike redevelopment (December 19, 2023) 204-Unit Mixed-Use Plan Approved for Princeton Pike Office Park (December 19, 2023) Fresh CANVAS: Reynolds Asset Management gets green light for Princeton Pike Office Park redevelopment (December 14, 2023) Reynolds revamping New Jersey office campus for “live, work, play” ( December 14, 2023) Reynolds Acquires Two Multifamily Properties Totaling 500 Units in Metro Shreveport, Louisiana (October 16, 2023) Developer proposes ‘work, live and play’ vision for Princeton Pike Office Park Reynolds Asset Management closes $6.7M refinancing of ‘Vibe’ multifamily complex in Bound Brook (august 16, 2023) Reynolds Asset Management expands into Ohio market (August 10, 2023) Reynolds Asset Management Announces Expansion Into Ohio Market (July 24, 2023) Mosaic on Main in Bound Brook Sells for Record Sale Price of $22M (January 10, 2023)

COMPLETED PROJECTS A sample of our completed projects Independence Place Photo Jun 04, 12 45 20 PM IP Basketball 1/4 Name: Independence Place Apartments Address: Hinesville, GA Date of Purchase: 9/12/2019 Date of sale: 7/29/2021 ROI: 47% Purchased property with severe occupancy and operational issues. Instituted management and operational overhaul including a value-add renovation program. Sold property less than two years later at full occupancy and a significantly improved rent-roll Sandpiper Apartments Sandpiper_01a sandpiper-apartments-warner-robins-ga-bu image Sandpiper_01a 1/3 Name: Sandpiper Address: Warner Robbins, GA Date of Purchase: 6/1/16 Date of sale: 3/4/19 ROI: 222% 530 unit apartment complex, built in 1986. We renovated a significant portion of the property and sold as a value add asset to the next buyer 210-214 Franklin St. 210 Franklin - 2015-11-01 (9) 210 Franklin - 2015-11-01 (9) 1/1 Name: 210-214 Franklin St. Address: Bloomfield, NJ Date of Purchase: 7/2/15 Date of sale: 7/13/16 ROI: 67% 49 unit apartment complex which was purchased heavily fire damaged. Successfully renovated and stabilized the asset in one year and sold to a long time Investor 210 Franklin - 2015-11-01 (9) 210 Franklin - 2015-11-01 (9) 1/1 65 Prospect St. 65 Prospect - 2014-11-07 (3) 65 Prospect - 2014-11-07 (3) 1/1 Name: 65 Prospect St. Address: East Orange, NJ Date of Purchase: 9/18/14 Date of sale: 5/29/15 ROI: 148% Rescued a gutted building where the developer ran out of money in the bank was about to foreclose. Successfully completed the renovation work and sold the property at a profit for the original developer and the bank was made whole Mill Creek picture-uh=7220155e604af929015fc3157f9b5 download picture-uh=7220155e604af929015fc3157f9b5 1/2 Name: Mill Creek Apartments Address: Wilmington, DE Date of Purchase: 1/2/14 Date of sale: 9/13/18 ROI: 15% 156 unit apartment complex built in 1973. Purchased the property at distressed occupancy levels and successfully stabilized the community and sold for a large profit Limestone Limestone Limestone 1/1 Name: Limestone Apartments Address: Wilmington, DE Date of Purchase: 1/2/14 Date of sale: 9/13/18 ROI: 14% 136 unit apartment complex built in 1978. Purchased the property at distressed occupancy levels and successfully stabilized the community and sold for a large profit 2603 Southern Ave c20ca022c5e7afc68749e9fe9bd09f69c-f0xd-w c20ca022c5e7afc68749e9fe9bd09f69c-f0xd-w 1/1 Name: 2603 Southern Ave Address: Temple Hills, MD Date of Purchase: 11/1/15 Date of sale: 8/27/17 ROI: 74% Purchased distressed 427 unit apartment complex consisting of multiple buildings. Successfully turned around operations and increased The NOI by 50% within three years before selling the property for a large profit 12-20 Canfield St image image 1/1 Name: Canfield Street Address: Orange, NJ Date of Purchase: 4/30/15 Date of sale: 6/13/19 ROI: 70% Purchased an existing 17 unit building constructed in 1927 along with a three-family frame construction building on an adjacent lot. Successfully navigated zoning and planning board requirements to merge the lots together and build 31 additional units where the three family once was. Successfully stabilized and sold recognizing a large gain Please contact us using the form below for a full summary of completed projects

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