Market Overview

ArborCrowd Announces Latest Equity Offering in Institutional-Quality Multifamily Real Estate Deal


- 200-unit Apartment Community in West Hartford, Conn., Poised to
Benefit from Value-Add Repositioning Program -

- Targeting 14% to 17% Internal Rate of Return (IRR) Over a Three- to
Five-Year Hold Period -

ArborCrowd (the "Company"), the only online platform that enables
individuals to make equity investments in institutional-quality
commercial real estate, announced today the opportunity for investors to
acquire equity interests in Cove West Hartford (the "Property"), a
200-unit apartment community in West Hartford, Conn. The six-building
complex is ideally situated just 2.5 miles from downtown Hartford and is
poised to benefit from a value-add repositioning effort that will
upgrade every apartment and reimagine its 12,000-square-foot clubhouse
to provide sought-after amenities, and unlock further revenue potential.

The Property was recently acquired in an off-market transaction by
affiliates of ArborCrowd, CS Acquisition Group, LLC (the "Sponsor"), a
real estate owner and operator with a large portfolio in the Hartford
area, and AMAC — a real estate private equity firm that is part of the
Arbor family of companies. ArborCrowd is seeking to raise $3.55 million
from investors for this opportunity. The total capitalization of the
transaction is $26.3 million, and the Sponsor and AMAC will continue to
own more than 50% of the total equity in this transaction.

The investment opportunity has a projected 14% to 17% Internal Rate of
Return (IRR) and a targeted hold period of three to five years. The
value-add repositioning program includes a budgeted $3.6 million to
fully gut and renovate all units and overhaul the Property's common
areas and multi-purpose clubhouse. The Sponsor has extensive experience
creating value and operating properties in the Hartford multifamily
market and anticipates this repositioning program will generate an
average rental premium of over $330 per unit per month.

"We're highly selective about the deals we present to our investors.
Each sponsor and project is thoroughly vetted to ensure the deal and
projected business plan match up with market fundamentals and demand,"
said Adam Kaufman, Co-Founder and Managing Director of ArborCrowd. "Like
all of our deals, this investment was sourced through our relationship
with the Arbor family of companies, which provides us access to a
proprietary network of successful sponsors."

Cove West Hartford is well-located, offering ease of access to major
retail centers, universities and transportation arteries linking
Connecticut to New York and Massachusetts. Approximately 170,000
residents are located within a three-mile radius of the Property and
their average annual household income is roughly $73,000. Given the
limited supply of quality multifamily workforce housing options in the
market, the Sponsor anticipates that the Property will appeal to the
Hartford area's working-class residents.

Kaufman added, "Cove West Hartford was a particularly attractive
investment opportunity for several reasons, including its outstanding
location near downtown Hartford and local employment centers, a lack of
comparable supply in the market, and strong demand for quality
apartments at an affordable price. We're excited to partner with CS
Acquisition Group, an experienced local owner and operator, and are
confident that they will execute on the value-add strategy, which could
yield a substantial return on investment."

The Cove West Hartford equity offering marks the seventh
institutional-quality multifamily deal that ArborCrowd has presented to
its crowd investors since its founding in 2016. Most recently,
ArborCrowd's Tower on Ryan Park deal
in Mobile, Ala., raised more than $2 million in under two weeks,
reflecting the high investor demand for its offerings. In total,
ArborCrowd has raised more than $18 million of equity for assets valued
at roughly $200 million.

ArborCrowd allows individuals to invest in commercial real estate
opportunities that were previously only available to institutional
investors, such as private equity funds, pension funds, endowments and
insurance companies. These institutional-quality investments can act as
a portfolio diversifier, which traditionally has been viewed as a hedge
against inflation, and may offer compelling tax advantages.

To learn more about Cove West Hartford and access the Offering Overview
and Private Placement Memorandum, including market reports, property
details, risks, financial projections and more, please visit

About ArborCrowd

ArborCrowd is the only online platform that enables individuals to make
equity investments in institutional-quality commercial real estate
opportunities that were previously only available to institutional
investors. ArborCrowd is backed by more than 30 years of leadership
experience, as it is part of the Arbor family of companies, which
includes Arbor Realty Trust (NYSE:ABR), a leading publicly traded
commercial mortgage real estate investment trust. ArborCrowd leverages
the Arbor family of companies' expansive and proprietary network of
successful real estate dealmakers to source its crowdfunding investment
opportunities. ArborCrowd is so confident in the strength of its deals
that it invests capital to acquire the transaction prior to syndicating
equity investment opportunities to the crowd. This unique approach
provides individuals with transparency and the knowledge of where and
how their capital is being deployed. To learn more, visit
or follow @ArborCrowd on Twitter,
and Facebook.

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