Trinity Street Capital Partners announces the origination of a preferred equity investment for a multifamily property lo

1. FOR IMMEDIATE RELEASE For Transaction Inquiries Contact: Media Relations media.relations@trinitystreetcp.com Trinity Street Capital Partners 65 Broadway- 7th Floor New York, New York 10006 (212) 671-1044 Trinity Street Capital Partners announces the origination of a preferred equity investment for a multifamily property located in Knoxville, TN. Trinity Street Capital Partners, a full service real estate investment bank, announces the origination of a non-recourse, senior commercial mortgage and a preferred equity investment, utilized for the acquisition of a 180 unit, garden style apartment complex located in the Park City section of Knoxville, TN. New York, New York – June 6, 2017 - Trinity Street Capital Partners (TSCP) (www.trinitystreetcp.com), a full service real estate investment bank, announces the origination of a $4.5MM non-recourse, commercial mortgage and $1.2MM preferred equity investment, utilized for the acquisition of a 180 unit, garden style apartment complex located in Knoxville, TN. The non recourse, commercial mortgage had a 5 year fixed term, 30 year amortization period, 80% loan-to-value, with no personal guarantees. The preferred equity component brought the capital stack to 98% of the purchase price, in a GP/LP structure, where the GP contributed to 10% of the required equity and the LP contributed 90%. First settled in 1786, Knoxville was the first capital of Tennessee and is the home of the flagship campus of the University of Tennessee, headquarters of the Tennessee Valley Authority and the Tennessee Supreme Court. Knoxville is the principal city of the Knoxville Metropolitan Statistical Area, which, in 2013, had an estimated population of 852,715. The KMSA is, in turn, the central component of the Knoxville-Sevierville-La Follette Combined Statistical Area, which, in 2013, had a population of 1,096,961. Moody's Analytics rates Knoxville as a growth city, due to a favorable business climate, which in turn results from below average taxes and office rents, a strong manufacturing base and positive migration patterns. According to Mr. Mark Corcoran, CPA (inactive) and managing member of the GP group, “access to preferred equity through Trinity Street allowed for the expansion of his already sizeable multifamily portfolio and also allowed for the growth of his multifamily management company, C& C Asset Management. Mr. Corcoran also indicated that many institutional private equity firms are adverse to investing in secondary and tertiary markets, though TSCP was able to

2. establish that the unique location, outstanding track record of C&C Asset Management and lack of new supply, made an excellent multifamily investment opportunity. Trinity Street Capital Partners focuses on non-recourse, high leverage senior & subordinate debt and preferred equity, with investments starting at $5MM on income producing retail, office, industrial, multifamily, manufactured housing communities, self-storage and hospitality properties located throughout the United States. (www.trinitystreetcp.com) The Firm is a leader in providing debt and equity for wide range of commercial and multifamly real estate transactions. Trinity Street Capital Partners, is wholly owned subsidiary of Trinity Street Holdings, a financial services conglomerate. (www.trinitystreetholdings.com) For more information about Trinity Street Capital Partners and the services it provides, go to www.trinitystreetcp.com.