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Sam Magalnik Director - Asset Management My Story Sam joins RAM with over eight years of experience in asset management, specializing in U.S. multifamily real estate. He has managed large, complex apartment portfolios on behalf of institutional and sophisticated ownership groups in Canada, where he was responsible for executing strategic business plans, optimizing asset performance, and driving long-term value. Sam played a key role in delivering detailed financial analysis and reporting to senior leadership and key stakeholders, providing insights that informed investment decisions and supported ownership objectives across the portfolio. Throughout his career, Sam has led end-to-end budgeting and financial reporting processes, overseen multimillion-dollar capital improvement projects, and implemented targeted revenue management strategies. He has successfully rolled out key initiatives aimed at maximizing rental income, improving operational efficiency, and enhancing resident satisfaction. In addition, Sam has leveraged property technology platforms and business intelligence tools to streamline reporting, monitor KPIs in real time, and support data-driven decision making across his portfolios. He brings a strong track record of aligning operational execution with ownership goals and consistently delivering measurable results. Sam holds a Bachelor of Commerce from the University of Alberta and an MBA with a specialization in Real Estate and Infrastructure from the Schulich School of Business in Toronto. Outside of work, Sam enjoys playing hockey and golf, and is a passionate Calgary Flames fan. Contact I'm always looking for new and exciting opportunities. Let's connect. sam@reynoldsasset.com 403-389-5660

Mammad Shahbazov VP - Asset Management My Story Mammad joined Reynolds Asset Management in 2021 as Associate Director of Acquisitions & Asset Management. He is primarily responsible for market analysis, underwriting, and research for the acquisition of new assets, as well as preparing financial models and marketing materials for new ventures. Prior to joining Reynolds Asset Management, Mammad worked with a NYC based development group, where he prepared financial models for real estate acquisitions of multi-family assets, completing transactions with a combined value of $120 million. Mammad is a graduate of New York University with an M.S. in Real Estate Development and University of Connecticut with a B.S. in Economics. Contact I'm always looking for new and exciting opportunities. Let's connect. mammad@reynoldsasset.com

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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