1940 Duke Street 2nd Floor Alexandria, VA 22314 847-682-3138 www.verdevaluation.com john.nolan@verdevaluation.com

Qualifications for John Nolan, MAI, LEED AP Experience Throughout his 15-year career, John Nolan, MAI, LEED AP, has developed a broad range of experience in the valuation and analysis of various types of commercial real estate including retail, industrial warehouse and manufacturing, office, apartment, condominium, hospitality, mixed-use, residential subdivision, and vacant land.

Valuation assignments have been prepared on proposed, partially completed, renovated, and existing structures across 41 U.S. states and 2 Canadian provinces.

These assignments have been performed on behalf of institutional investors and lenders, commercial banks, REIT’s, law firms, governmental entities, individual investors, and other clients.

In addition, Mr. Nolan is one of very few appraisers nationwide to have earned LEED Accredited Professional status with the U.S. Green Building Council (USGBC), demonstrating a thorough understanding of green building practices and principles.

He has developed proficiency with ARGUS financial modeling software, running discounted cash flow analyses on numerous income-producing properties.

Licenses Virginia, Certified General Real Estate Appraiser, 4001016018, Current through March 2018 District of Columbia, Certified General Real Estate Appraiser, GA11883, Current through February 2018 Maryland, Certified General Real Estate Appraiser, 31358, Current through May 2018 Florida, Certified General Real Estate Appraiser, RZ3852, Current through December 2016

About Verde Valuation Services, LLC Verde Valuation Services, LLC is a real estate appraisal services firm that provides client‐focused solutions for commercial real estate on a wide variety of property types. We incorporate practices and principles prevalent with many national appraisal companies, but with a greater focus on client communication, meeting quick deadlines, producing clear and concise reports, and providing quality research at a price point commensurate with smaller firms.

Communication Based on personal experience, the real estate appraisal industry has immense room for improvement in client communication. While it is vital to retain independence in analyses and values, we can do a much better job of keeping the client well-informed of the progress of our projects. Verde Valuation Services takes this very seriously, and our client communication policy ensures that clients are not blind-sided at any point in the process.

Thorough Research While we possess all the necessary analytical tools to crunch all the important numbers, we also recognize the invaluable market insight that brokers, agents, and lawyers offer. We cultivate professional relationships with national brokerage firms and local market participants to get the “inside dirt” on sales, leases, and market trends.

We deliver value-added services to our clients through diligent research, analysis, and well-supported, unbiased opinions. At Verde Valuation, we are unequivocally committed to our clients and to our profession.