Under Contract for a 165-Unit Value-Add Opportunity

Proposed transaction reflects continued focus on complex value-add opportunities in Greenlite’s core market

(October 10, 2025) – Greenlite Holdings, LLC (“Greenlite”) today announced that it has entered into a purchase and sale agreement for a 165-unit multifamily community located in an Oklahoma City submarket.

Built in the 1970s, the property appears to present a lender-driven special situation opportunity consistent with Greenlite’s value-add investment strategy. At the time of this announcement, the transaction remained subject to due diligence, financing, and customary closing conditions.

Greenlite was engaged in connection with the opportunity based on its repositioning capabilities and experience executing operational and capital improvement programs for underperforming multifamily assets. If completed, the company expected to evaluate a redevelopment and operational improvement plan designed to enhance the property’s long-term performance.

“We believe this opportunity aligns well with our long-term investment strategy and our experience in complex value-add multifamily situations,” said Jonathan Lewis, founder and CEO. “While the transaction remains subject to customary closing conditions, we are encouraged by the potential to apply Greenlite’s repositioning approach in one of our core markets.”

Greenlite expected to continue evaluating financing alternatives for the proposed acquisition as the transaction progressed through due diligence and the closing process.

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.

Greenlite is continuing to expand its operational, governance, and capital formation infrastructure to support future growth and broader institutional positioning.

This communication is for informational purposes only and does not constitute an offer to sell or the solicitation of an offer to buy any securities. Any offering of securities will be made only by means of formal offering documents, which should be reviewed carefully before any investment decision. Past performance is not necessarily indicative of future results. Forward-looking statements are subject to risks and uncertainties, and actual results may differ materially. Greenlite undertakes no obligation to update any forward-looking statements.