Sunrise The Vicinity - Q2 2022

As of July 5th, physical and pre-leased occupancies at the property were 86% and 92%, respectively. 11 new leases were signed in June, and 5 new leases in July. The property continues to undergo both exterior and interior renovations, including:

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Exterior Renovations

• New signage is currently being installed to match the Sunrise Multifamily brand
• Security cameras were added throughout the property 
• The security gates are being upgraded to automatic open/close
• Based on tenant feedback, we are assessing options to convert the clubhouse into a gym

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Interior Renovations

• Washers and dryers have been installed in 6 units, with more on the way 
• We have started full renovations in two of the vacant units
• Our in-house construction team is bidding out and assessing all options for full-scope interior renovations