Adoption of Preferred Equity Financing

(June 15, 2018) —

Greenlite Holdings, LLC (“Greenlite”) announced today that it has adopted a preferred equity financing strategy as part of its broader approach to structuring multifamily investments.

Greenlite viewed preferred equity as a useful capital structuring tool that could provide additional flexibility in financing acquisitions and repositioning opportunities. The strategy was intended to complement the company’s broader investment approach and support future growth as Greenlite continued refining its capital formation framework.

“We believed it was important to continue developing financing structures that aligned with Greenlite’s long-term investment strategy,” said Jonathan Lewis, founder and CEO. “Preferred equity represented another tool that could support flexibility and disciplined growth over time.”

Greenlite viewed the adoption of preferred equity financing as part of its broader effort to strengthen the financial and structural framework supporting future multifamily investments.

About Greenlite Holdings

Greenlite Holdings is a multifamily real estate investment firm founded in 2013, with roots in earlier operating experience dating back to 2009. The company focuses on identifying, acquiring, and repositioning underperforming multifamily assets through disciplined underwriting, hands-on asset management, and strategic capital improvements.

This communication is for informational purposes only.