ACQUISITIONS

Resource Real Estate ("RRE") has an experienced
team of acquisition professionals that prides itself
on being able to execute and close transactions
in an accelerated time frame in order to meet
the needs of sellers and strategic partners. RRE
is able to close transactions without financing
contingencies due to its utilization of discretionary
capital and due to the financial resources of
its parent company, Resource America, Inc.
(NASDAQ: REXI).

Acquisition Criteria

Property Location

RRE continuously examines all growing markets in the United States where the current real estate fundamentals are strong for multifamily properties. Cities that are attracting young, educated renters are of particular interest to RRE. These cities typically exhibit a "buzz", that is, cities that have an excitement, open-mindedness, a thriving nightlife and an overall atmosphere conducive to creativity. Within each city, RRE typically invests in infill locations proximate to high-income areas that are centrally located and offer easy access to employment centers and recreational opportunities. Furthermore, proximity to colleges and universities are of particular interest to RRE.

Transaction Size

Generally transaction sizes are over $10 million.

Transaction Structure

Typically properties are delivered free and clear of debt; however, RRE will consider assumption of existing financing if the terms are agreeable.

Information

To complete our preliminary analysis, we request the following information:

• Full property description
• Current tax bill
• Market information (including sales and rental comps)
• Current rent roll
• Detailed year-to-date and historical year-end operating statements
• Terms of financing (if assumable)
• Color photographs
• Location map

Marketing Package Submissions

You may e-mail questions to acquisitions@resourcerei.com. RRE will quickly determine if there is immediate interest. Marketing packages may also be sent to the address below.

Resource Real Estate, Inc.
C/O Acquisitions Group
1845 Walnut Street, 10th Floor
Philadelphia, PA 19103
E-mail: acquisitions@resourcerei.com