Conversion BG Data Sheet

Seattle, WA San Clemente, CA 949.734.6330 425.318.2927

www.conversionbuildinggroup.com

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Conversion Building Group is a firm based on sound relationships of trust, integrity and diligence. We employ a team environment with our select group of financial institutions, owners, design consultants, subcontractors and employees, utilizing proven methods in satisfying our client’s needs.

Our commitment is to communicate to each client accurate information at the right time in order for them to make informed decisions for each project. Our goal is to provide a proactive approach in our services rather than a reactive analysis to unanticipated issues. We provide unparalleled services prior, during and post construction. We consider ourselves different from other service oriented General Contractors and CM firms in that we hold ourselves to a higher standard of quality and integrity throughout each project and we hold each other accountable for reaching these higher standards. We are committed to earning the trust and confidence our clients face during difficult and challenging projects and our goal is to continually reaffirm this commitment. Our clients discover quickly the value we provide and experience the difference we make as their trusted advisors on each project. We use our strengths to increase profits and produce timely, quality real estate investments.

Our team brings 50 years of combined experience in a host of CM services including:

Construction Observation Scheduling Construction Reporting CPM Preparation & Monitoring Construction Inspections Logic Review Municipal Coordination Procurement

Cost Loading Resource Allocation

Auditing & Project Control Procurement CM Document Control Bid Management & Analysis Project Status Reporting Schedule & Delivery Change Management Logistics & Planning Change Management Negotiations Estimating Cost Control Material & Labor Take-Offs Budget Preparation & Monitoring Cost estimates at Schematic/ Conceptual & Cost Review & Monitoring Construction document phasing Monthly Draw Analysis CSI Format Forensic Accounting

Constructability Review Brand Management Peer Review Establish systems and processes that define our client’s Program Analysis Projects Plan/ Spec Review Establish Standards of quality and finishes which typify our

client’s development.



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Who Is Conversion Building Group?

Frank Bohls As the founder of CBG, Frank set the company’s vision, and has been instrumental in its growth. Prior to founding CBG, Frank had been responsible for all phases of construction, holding positions with some of the leading investment and development companies in Southern California for the past 36 years. His roles have included Vice President, construction and project management, entitlements, pre-construction, and scheduling on a broad variety of projects across the Western United States. He has a depth of experience in multi-family and hospitality projects, and has enjoyed success in the diverse ventures he has undertaken.

Marc Luedke Marc has broad ranging experience in the construction and development industry, including his education as a Structural Engineer, experience as a General Contractor, and history working with integrated Owner/Developer/Builder partnership groups, all of which inform his consulting work. He is driven to find creative solutions to issues, finding goals that bring synergy to the efforts of multi-disciplinary teams. He has worked on diverse project types, including commercial projects for public universities, healthcare facilities, hospitality and multi-family mixed use development. He loves the process of project development, and thrives on solving the myriad of puzzles that real estate development presents.



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Previous Experience

The Picerne Group, Sa n J ua n Ca p ist r an o, C A Vi ce Pr es id e nt Co ns tr u ct i on

Dir e ct i ng t he c on st r uct i on of a l l P icer ne Gr ou p ’s pr o jec ts in De n ver , Ho u st o n a nd S out he r n Ca l i f or n ia . Re s p o ns i b i l i t ie s in c lu de w or k i ng w i th the de ve l op me n t par t ner s t hr oug h pr oje ct un der wr it ing an d a cq u ir i ng ent i t le me n t s , de ve lo p ing p ro je ct pr of or ma s b o th s of t cos t a n d h ard co st s , de s ig n t ea m de ve lo pme nt , con su lt an t an d c ont ra ct or i nt er f a ce . Res p o ns ib le f or a pr o je ct in De n ver (24 8 u ni t Gard en Pr oje ct ) , w or ke d th r oug h e n t i t le me n ts a n d de s ig n o n a 4 3 0 u n i t p od i um pr o je ct i n L ag u na Nig ue l , w as re s pon s ib le f or a 2 77 u n it p od i u m p r oje ct i n H ou st on Te xas an d worke d thr oug h t he e nt i t l e ment s a n d de s ign o n a 2 00 u n it wr a p p ro je ct i n C e r r i t os .

SolTerra Design/Build, Inc. , Se at t le , W A Con st r u c t i o n M a na ge r , W A Es tab l is hed a con str uc t i o n f ootp r i nt f or S ol Te r ra i n W ash i ng t on St ate as a b ui l der / de ve lope r . Resp o ns ib i l i t ies i nc l ud e h ir ing s t af f t o cre at e a Ge n e ra l Con tr a c t i ng e nt i ty ca pa ble of con st r u ct ing $3 0M M in a nn u a l r e ve nu e , es t a bl is h ing b u dge t s a n d pr o jec t io ns f or f ut u re d eve lo pme nt s in par t ner s h ip w i th t he d e ve lop me nt p ar t ner s , e va lu at io n of de s ign dr a w ing s , a nd o pt im iz in g de s ig n f or co ns t ru ct ab i l i ty , a nd n ur tur ing co ntr a ct or re la t ions h ips t o pr oc ur e t he b est pos s i b le pr ic i ng f or LE ED P la t i nu m pr o j e ct s .

Deacon Corp., Seattle, WA O per at i on s M a nag e r Cr eat ed pr o cesse s a n d sy s te ms t o a l l ow a c omme r c i a l /TI b u i l der to pr of i t a b ly per f or m wor k in the ch al le ng ing M u lt i f am i ly m ar ket . Re cr u it e d a n d r e t a ine d sk i l le d s t af f f or mu l t i f a mi ly/ h os pi ta l i ty pr o je ct s . An a ly ze d an d e st a bl is he d b u d ge ts f or b i dd i ng a nd con str uc t i o n us e. Neg o t iat e d ch ang e r eque sts wi t h p ar t ner s , a nd e st ab l ish ed a cr ed i b le base of ope r a t i o ns f o r mu lt i f a mi ly pr oje cts i n th e Pa ci f i c N ort hw est .

White Residential , Inc ., I r v ine , C A Con st r u c t i o n E xecu t i ve

Repr e sen t i ng W RI i n th e ir s ou the r n Ca l i f orn ia d i v is io n of f i ce , r es p ons i b i l i t ies i nc l ude b u s in e ss de ve l o pm e n t a n d me nt or ing pr o je ct t eam s on t w o t ype I I I p o di um p r oje ct s , a 1 84 un it an d a 187 un it m i xed u se pod iu m pr oje ct s in W es t H ol ly w ood . Th e se pr o je ct s ar e l o ca te d i n the g ate w ay to W est H ol lyw o od.



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Paragon Bui lders, Inc. , Fu l ler t on , C A Con st r u c t i o n E xecu t i ve

Repr e sen ted th e B an k Gr ou p in t he t ur nover of a $ 33 0 m i l l i on re s or t , s pa a n d 3 4 v i l l as va l ued be twe e n $2 .5 t o $ 3 .75 m i l l i on , t hr oug h r e ce iv er sh ip a n d w or k - out in P ar a d ise V a l le y , A Z. Se cur e en t i t leme nt s r e q uir e d f or e a ch pr o je ct in c lu d i ng c ont r a ct neg o t iat i ons , dev el o pi ng a nd im pl e me nt in g r e c over y C P M sche du le s . We ha ve s ucce s s fu l ly co mp le te d t he i nt er ven t io n of a $3 5 0 R i tz C ar l t o n, Sk i Re s or t in Lake T ah oe. We r e p re se n t Sy nd i cate Ba nk G r o ups an d Re ce i ve r s on M id -Pr oje ct Cr is i s Asse ssm e nt , Pro je ct M an age m e nt , Pr ogr am M an ag e men t , Re sp on se an d Reh ab i l i t at i on w it h t h e E xe cut i ve Tea m, Re s or t M anag e men t, A sse t -M an a ge men t t e am , Ge ne ra l Con tr a ct or s , De sig n C ons ul t a nt s an d C i ty C ou n c i l on e a ch pro je ct . Un co ve re d o ve r $3 m i l l i on th r oug h di sco ve ry of f or e ns ic co nst r uct ion de f e ct s for our c l ie n t .

Trammell Crow Residential , C os ta Me sa , C A Pr oje ct M a n age r

M anag e d th e e nt i t le men t p ro ces s , r e pr ese nt ing TCR ’s co nstr u ct io n d i v is i on w it h t he C i t ie s of O r ang e , t he c i ty of Car ls ba d an d t he c i ty of Los Ang e le s . Re sp ons ib le f or a l l as p e cts o f 3 mu l t i -f am i ly pr o je cts w or t h a comb i ned $91 mi l l io n do l lar s in c l ud ing a wr a p pr oje ct i n O r a ng e, C A; a po d iu m pr o j e ct i n LA a nd su bt er r ane an / p od i um p r oje ct in Sa n Di eg o. I ncr e ased t he pr of i t a b i l i t y of t he pr oje ct by 3 % t hr oug h t o ug h b uy out , s hr e wd neg o t iat i ons a nd le ade r s h ip i n de ve l op i ng ag g re ss ive s che du le s . M i xed u se a nd Low i n com e hou s ing e le me nts we r e i nc or por at e d in tw o of th e p ro je cts . A ct e d as l i a is o n w it h t he f i nan c ia l p ar tne r , ar ch ite cts a nd i nd e pen de nt cons u lta n t s . Di r e ct ed th e imp le men tat ion of TCR ’s O CIP pr og r a m w it hi n t he S out h e rn C a l i for n ia d i v i s i o n.

Snyder Langston, I r v i n e , CA Pr oje ct M a n age r

Cham p io ne d t he co ntr act f or th e W al l ace A l l Fa i t hs Ch ape l pr oj ec t at Ch a pma n U ni ver s i t y . L e ad th e pr e cons tr u ct i on p r oc ess , w ork ing w it h t he ar ch it e cts , e ng i ne er s a nd de s ig n c onsu l ta nts t o man ag e t he des ig n ef f or t a long w it h s ec ur ing t h e en t i t le me n t s , e s t i m at i ng, ne g ot iat i on of t he pr i me con tr a ct a nd re sp o ns ib le for c l i ent r e la t io n s . M a n age d a 6 b u i l d ing i n dus tr ia l c om p lex in Bue na Par k , C A an d a n 8 bu i ld i ng in du str ia l pr o je c t i n W a ln ut , C A.

RD OLSON Construction, I r v in e , CA Pr oje ct M a n age r

O r che st r a te d De s ig n / B u i ld r esp ons ib i l i t ies o n R D O ls on ’s f i r s t m er cha nt d e ve lo pme nt p r oj e ct in v o lv i ng a 7 s t or y m i d- r i se a nd a n 9 st or y h ig h r is e h ot e l pr oje ct i n A na he i m, C A . Re s p o ns i b l e f or Se cur i ng ent i t le me n ts , E s t i m at i ng , Ne g ot iat i on of co ntr act s a n d th e l oa n dr aw pr e par at ion. Com ple t ed t he r e -h ab of t he Mo nar ch Be a ch G o lf C l u b a n d M o nar ch B ea ch Ba y C lu b at t he St . Reg is in Da n a P o int , C A .



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Recent Related Experience:

SUNSET PLAZA – West Covina, California

183 Unit - Garden Apartment & 3 level tuck under parking renovation including Structural Retrofit, Leasing Office, Fitness Center and Business Center. Re-pipe domestic water, window renovation, re-roof, Ornamental Iron enhancement, re-pave parking. $3 Million total project cost.

CHASE KNOLLS APARTMENTS – Sherman Oaks, California

260 Unit – 1950’s Hollywood flat Apartment renovation including adding 150 units with a 5 building addition totaling 410 units. Project includes new utility upgrade across the site. Create a new Leasing/ Sales Office, Fitness Center, Recreation Building and Business Center. $40 Million total projected cost.

SAN VICENTE APARTMENTS – Santa Monica, California

90 Unit – 7 Story Apartment Midrise renovation. Structural & unit renovation of the entire project. Re-purpose the project to elevate the current yield. Design assist, construction management. $30 Million total projected cost.

THE COVE – Seattle, WA

60 Unit – LEED Platinum podium new construction development in the vibrant Capitol Hill neighborhood of Seattle. Construction includes restaurant/retail, along with a micro-retail entry lobby, 2 levels of parking, green roof amenity gardens, and SolTerra Passport access lounge. $11 Million total projected cost.

THE ATLAS – Newcastle, WA

98 Unit – 156,000 sf LEED Platinum podium project, incorporating living walls, green roof amenities, sky bridges connecting two towers above the podium level. Parking extends to 4 levels below grade, bathtub waterproofing, and a mat foundation. $20 Million total projected cost.

THE ANGELINE APARTMENTS – Seattle, WA

197 Unit – Podium style mixed use project, incorporating a PCC Market grocer, 2 separate retail spaces, 27,000 sf of below grade parking, and 175,000 sf of residential units, including a chef’s kitchen, fitness center, cinema viewing, green roof, into a transit oriented development in the Columbia City neighborhood. $33 Million total projected cost.



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HILLSIDE GARDENS – La Mesa, California

380 Unit - Garden Apartment renovation including complete wet and dry utility service renovation throughout the project, Exterior elevation upgrade, unit upgrades, Leasing Office, Fitness Center and Business Center renovation. Retail space on the first floor frontage, 4 ½ levels of above ground parking, swimming pool and spa. $8 Million total projected cost.

ALEXAN PACIFIC GROVE – Orange, California

279 Unit - Wrap Condo/ Apartment complex including Leasing/ Sales Office, Fitness Center, Recreation Building and Business Center. Retail space on the first floor frontage, 4 ½ levels of above ground parking, swimming pool and spa. $56 Million total project cost.

ALEXAN UNIVERSAL CITY – Universal City, California

140 Unit - Podium Condo/ Apartment complex including Leasing/ Sales Office, Fitness Center, Recreation Building and Business Center. 2 levels of subterranean parking, swimming pool and spa. $42 Million total project costs

BLUWATER CROSSING – Carlsbad, California

78 Unit - Podium Mixed Use for sale Condo project. (51) Live over Work Units with Subterranean parking, (15) Townhomes over retail & (12) Low Income units over retail. $64 Million total project cost.

REDMOND APARTMENTS, LLC – Redmond, WA

322 unit mixed use development in downtown Redmond. Project included a total of 468,272 Gross Square Feet (GSF), including retail, parking garage, and residential space. $57 million construction cost.

128 ON STATE APARTMENTS, LLC – Kirkland, WA

123 unit mixed use development in Kirkland, WA. Originally designed as condominium units, converted for sale as apartment product during final construction phases. $28 million construction cost.

POST OAK LUXURY APARTMENTS – Houston, Texas

277 Units – Type III Podium Project, including leasing office, Recreation Center, Business Center, Swimming Pool & Spa. $52 Million total project costs.



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ORCHARD STATION – Denver, Colorado

248 Units – Garden/ Townhome project, including leasing & Recreation Center, Business Center & Fitness Center with a Swimming Pool & Spa. $43 Million total project cost.

LAGUNA NIGUEL PROJECT – Laguna Niguel, California

430 Units – Podium/ Wrap project, Entitlements. $95 Million total projected cost

ARIA PROJECT – Cerritos, California

200 Units – Wrap project, Entitlements. $35 Million total projected cost.

4th & HAVEN – Ontario, California

199 Units – Garden/ Townhome project, Entitlements. $28 Million total projected cost.

MONARCH, SANTA MONICA & LA BREA – West Hollywood, California

184 Unit – Type III Podium/ Apartment project including Leasing/ Sales Office, Fitness Center, Recreation Building and Business Center. 2 levels of subterranean parking, 4 levels above grade with swimming pool. $36 Million total construction costs.

THE BOULEVARD CONDOMINIUMS, LLC – Kirkland, WA

119 unit mixed use condominium development in downtown Kirkland. $25 million construction costs.

RITZ CARLTON, HIGHLANDS RESORT & SPA – Truckee, California

153 Deluxe Guest Rooms (450 square feet), 16 Executive Suites (800 to 1,395 square feet, one or two bedrooms), The Ritz-Carlton Suite (1,900 to 2,600 square feet, one or two bedrooms) with 15,000 s.f. of conference rooms, a full service banquet kitchen, award winning restaurant and bar. The Spa is a 17,000-square-foot spa and fitness center featuring 16 treatment rooms with treatments and therapies. (4) Swimming pools and a three level subterranean parking structure. $350 Million total project cost.

MONTELUCIA RESORT & SPA – Paradise Valley, Arizona

293 room resort with a 31,000 s.f. spa, 19,500 s.f. of conference rooms, full service banquet kitchen, award winning restaurant and bar. Including (34) fully appointed, for sale Villas. (5) Swimming pools and a three level subterranean parking structure. $300 Million total project costs.



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EMBASSY SUITES HOTEL – El Segundo, California

7 story- 560,000 square foot hotel with 349 suites and 8 conference rooms, interior swimming pool above a three level subterranean parking structure, post tension, poured in place project. Full service banquet kitchen and bar.

EMBASSY SUITES HOTEL – Arcadia, California

8 story- 275,000 square foot hotel with 194 suites and 4 conference rooms, interior swimming pool, post tension, poured in place project. Full service banquet kitchen.

MARTIN AVIATION TERMINAL – John Wayne Airport, California

2- Story, Tilt Up, 25,000 square foot Corporate Hangars (equipped with UVIR detection system, high expansion foam suppression system per NFPA 409) 16,000 square feet Corporate and Charter Offices.

ALL FAITHS CHAPEL – Chapman University, California

9,000 square foot design/ build chapel (acoustically tuned, columbarium, artwork)

St Regis Bay Club Renovation – Monarch Beach, California

6,000 square foot conversion of existing beach club into a 5 star restaurant on Monarch Beach for The St. Regis Resort in Dana Point.

St Regis, Golf Club Renovation – Monarch Beach, California

8,000 square foot renovation to the existing golf club. Renovation of the existing bar, restaurant, club house and pro shop.

Documents

Conversion BG Data Sheet