Profile & Product Offerings

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Profile & Product Offerings 2016 Gehan Homes. All rights reserved. Architectural dimensions shown are nominal interior dimensions; room sizes, window placement and other dimensions may vary from these drawings. This brochure is for illustration purposes; it is not part of a legal contract. We reserve the right to change product features, brand names, architectural design and details. The floorplans and elevations of all Gehan Homes are copyrighted. We have enforced and will continue to enforce our Federal Copyrights to protect the investment of our homebuyers. 10.14.16 gehanhomes.com

What Sets a Gehan Home Apart from the Rest? Award-winning Home Designs 25 Year History of Building the Highest Quality Homes Industry-recognized Customer Service Texas Association of Builders STAR Awards Volume Builder of the Year Best Product Design - Multiple Categories Best Interior Merchandising Construction Manager of the Year Sales Manager of the Year Warranty Service Professional of the Year Rookie Sales Professional of the Year Best Poolscape Recent Awards gehanhomes.com Builder Magazine Top 100 Builder List 29th Largest Homebuilder in the U.S. 11th Largest Private Homebuilder in the U.S. San Antonio Parade of Homes Best Water Feature Best Exterior Entertainment Area Houston s Best PRISM Awards Best Product Design - Multiple Categories

Vision Austin - Pecan Creek Gehan Homes Exclusive Community John Tucker, Justin Eicher and John Winniford For more than 25 years, Gehan Homes has been building beautiful homes at an exceptional value. In recent years, we have made significant strides with regard to financial strength, product development and corporate brand equity. Our transfer of ownership With high-quality homes and attractive streetscapes, Gehan Homes is dedicated to enhancing the value of our communities for our development partners. to Sumitomo Forestry has increased our buying power and land opportunities. Revamping of elevations, addition of several new plans and enhancements to standard offerings have resulted The Numbers in enrichment of our curb appeal and well as increased average selling price and margins. Our corporate branding strategy has given us a differentiated identity in the minds 3-Year Revenue Trend REVENUE 2015 Annual Starts - 1,510 4 of consumers, investors and competitors and has put us at the forefront of emerging communities across Texas and Arizona. gehanhomes.com 2015 2014 2013 478.9 MM 378 MM 289.9 MM 2015 Annual Closings - 1,499 2016 Projected Annual Starts - 1,650 2016 Projected Annual Closings - 1,529 5

Builder Summary 84 Communities 5 Markets TEXAS 4 Product Lines 37 Plans Estate 3882-5970+ SQ FT 10 Floor Plans / 40 Elevations Signature 3023-4719+ SQ FT 7 Floor Plans / 52 Elevations Dallas 23 Communities Houston 22 Communities Classic 2400-4016+ SQ FT 10 Floor Plans / 38 Elevations Premier 1850-3270+ SQ FT 10 Floor Plans / 32 Elevations Austin 14 Communities San Antonio 17 Communities Sterling IN DEVELOPMENT 1427-2374 SQ FT 7 Floor Plans / 42 Elevations Phoenix 8 Communities Gehan Homes builds in 5 of the top 10 housing markets in America. 6 7

Estate 3882 SQ FT - 5970+ SQ FT Building Footprint 72 x 100 Minimum The Highclere The Chatsworth 5 Bedrooms 4 Bathrooms 2 Half Bathrooms 6,621+ Square Feet 4.5 Bathrooms 5,017+ Square Feet The Viscaya The Belcourt 5 Bedrooms 5.5 Bathrooms 5,709+ Square Feet 4.5 Bathrooms 4,963+ Square Feet The Kensington The Windsor 4 Bathrooms 2 Half Bathrooms 5,532+ Square Feet 4.5 Bathrooms 4,927+ Square Feet The Hardwick The Biltmore 5 Bedrooms 5.5 Bathrooms 4-Car Garage 5,430+ Square Feet 5 Bedrooms 5.5 Bathrooms 4,823+ Square Feet The Brenthurst The Rosecliff 5 Bedrooms 5.5 Bathrooms 5,345+ Square Feet 4 Bathrooms 3,914+ Square Feet 8 9

Signature 3023 SQ FT - 4719+ SQ FT Building Footprint 60 x75 The Monarch The Sandpiper 3.5-6.5 Bathrooms 3,810+ Square Feet 5-7 Bedrooms 3.5-6.5 Bathrooms 4,719+ Square Feet The Longspur The Partridge 3.5-4 Bathrooms 3,477+ Square Feet 3.5-6 Bathrooms 4,413+ Square Feet The Heron The Oriole 2.5-4.5 Bathrooms 3,236+ Square Feet 1-3.5-5.5 Bathrooms 4,019+ Square Feet The Cardinal 3.5-5 Bathrooms 3,023+ Square Feet 1-10 11

Classic 2400 SQ FT - 3993+ SQ FT Building Footprint 50 x75 3rd Car Garage Option = 60 x75 The Oxford The Brown 2.5-4 Bathrooms 2,970+ Square Feet 5-6 Bedrooms 3.5-4 Bathrooms 4,016+ Square Feet The Villanova The Stanford 3-5 Bedrooms 2.5-5 Bathrooms 3-4-Car Garage 2,900+ Square Feet 1-2.5-4 Bathrooms 3,517+ Square Feet The Yale The Dartmouth 3-5 Bedrooms 2.5-4.5 Bathrooms 2-4-Car Garage 2,609+ Square Feet 1-2.5-4 Bathrooms 3-4-Car Garage 3,305+ Square Feet The Harvard The Columbia 3-5 Bedrooms 2-4.5 Bathrooms 3-4-Car Garage 2,513+ Square Feet 1-2.5-5 Bathrooms 3,094+ Square Feet The Tulane The Princeton 3-2 - 3.5 Bathrooms 2,400+ Square Feet 1-3 - 2.5-3 Bathrooms 3-4-Car Garage 2,960+ Square Feet 12 13

Premier 1850 SQ FT - 3270+ SQ FT Building Footprint 40 x70 3rd Car Garage Option = 50 x70 The Yaupon The Sycamore 2.5-3 Bathrooms 2,454+ Square Feet 5-6 Bedrooms 2.5-4 Bathrooms 3,270+ Square Feet The Juniper The Rosewood 3 Bathrooms 2,168+ Square Feet 2.5-5 Bathrooms 3,050+ Square Feet The Laurel The Redwood 3-5 Bedrooms 2-4 Bathrooms 2,020+ Square Feet 1-2.5-3 Bathrooms 2,822+ Square Feet The Palm The Mimosa 3-5 Bedrooms 2-4.5 Bathrooms 1,967+ Square Feet 1-2.5-3 Bathrooms 2,731+ Square Feet The Mahogany The Magnolia 2 Bathrooms 1,850+ Square Feet 3-6 Bedrooms 2.5-4 Bathrooms 2,641+ Square Feet 14 15

Sterling 1427 SQ FT - 2374 SQ FT Building Footprint 30 x65 The Dublin The Vienna 2.5 Bathrooms 1,963 Square Feet 2.5 Bathrooms 2,374 Square Feet The Berlin The Milan 3-2.5-3.5 Bathrooms 1,751+ Square Feet 2.5 Bathrooms 2,239 Square Feet The Barcelona The London 2 Bathrooms 1,518 Square Feet 3-2.5-3.5 Bathrooms 2,101+ Square Feet The Athens 2 Bathrooms 1-Car Garage 1,427 Square Feet 16 17

Contact Austin Barton Creek Plaza III 3815 S. Capital of TX Hwy Suite 275 Austin, TX 78704 512.330.9366 Houston 2050 W Sam Houston Pkwy S. Suite 1600 Houston, TX 77042 713.952.3800 Dallas / Ft. Worth 15725 N. Dallas Pkwy Suite 300 Addison, TX 75001 972.383.4300 San Antonio 9601 McAllister Fwy Suite 600 San Antonio, TX 78216 210.491.0236 Estate 2050 W Sam Houston Pkwy S. Suite 1600 Houston, TX 77042 713.952.3800 Phoenix 1600 W. Broadway Road Suite 147 Tempe, AZ 85282 480.646.5950 18