| 4P DEVELOPERS, LLC (L23000020560) | MGR |
| ARC 2020, LLC (L20000297630) | MGR |
| ARD MADISON LANDING, LLC (L20000112040) | MGR |
| ARD MADISON TERRACE LLC (L24000378600) | MGR |
| MADISON BAY II, LLC (L16000220780) | MGR |
| MADISON CAY, LLC (L05000013512) | MGRM |
| MADISON HIGHLANDS II APARTMENTS, LLC (L21000380391) | MGR |
| MADISON SQUARE PEL, LLC (L20000362131) | MGR |
| MADPEL, LLC (L14000054771) | MGR |
| OAKWOOD TERRACE APARTMENTS, INC. (P02000037531) | Director |
| PBD, LLC (L21000308401) | MBR |
| PEL MADISON OAKS WEST, LLC (L22000228991) | MGR |
| PEL MW LP, LLC (L21000367741) | MGR |
| PLAW ML II, LLC (L21000311850) | MGR |
| SODO NORTH, LLC (L18000221021) | MGR |
| ARD MADISON GROVE, LLC (L22000098643) | MGR |
| ARD MADISON SQUARE, LLC (L20000362092) | MGR |
| BELLEVIEW MANOR, LLC (L24000207143) | MGR |
| MADISON HIGHLANDS PEL LLC (L20000110172) | MGR |
| MADISON LANDING II APARTMENTS, LLC (L21000345572) | MGR |
| MADISON LANDING II, LLC (L20000298602) | MGR |
| MADISON MOOR APARTMENTS, LLC (L16000187212) | MGR |
| MADISON OAKS EAST APARTMENTS, LLC (L21000308462) | MGR |
| MADISON OAKS WEST APARTMENTS, LLC (L21000308473) | MGR |
| MADISON POINT II, LLC (L18000157552) | MGR |
| MADISON SPIRE APARTMENTS, LLC (L16000189842) | MGR |
| PEL MADISON LANDING II, LLC (L21000311833) | MGR |
| PEL MADISON TERRACE LLC (L24000384872) | MGR |
| PLAW MS, LLC (L20000362103) | MGR |
| WENDOVER CHASE HOLDINGS, LLC (L21000337113) | MGR |
| WESTCHESTER WOODS APARTMENTS, LLC (L20000362143) | MGR |
| ARD MADISON HIGHLANDS LLC (L20000110174) | MGR |
| CAMDEN CLUB HOLDINGS, LLC (L20000337805) | MGR |
| ELUCIADATE PEL, LLC (L22000502375) | MGR |
| JTPL INVESTORS, INC. (P99000110345) | Director |
| LS C&E, LLC (L18000255904) | MGR |
| MADISON SQUARE APARTMENTS, LLC (L20000362085) | MGR |
| PEL MADISON GROVE, LLC (L22000098965) | MGR |
| PEL MG LP, LLC (L21000369524) | MGR |
| PLAW MG, LLC (L22000098645) | MGR |
| PLAW ML LLC (L20000100194) | MGR |
| PLAW MOW, LLC (L22000228714) | MGR |
| ARC 2019, LLC (L19000261945) | MGR |
| MADISON STATION, LLC (L19000166666) | MGR |
| MADISON TRACE APARTMENTS, LLC (L21000345577) | MGR |
| PEL LT, LLC (L22000071597) | MGR |
| PLAW MH LLC (L20000110167) | MGR |
| PP C&E, LLC (L18000255895) | MGR |
| ARD MADISON LANDING II, LLC (L21000424568) | MGR |
| ARD MADISON OAKS WEST, LLC (L22000228998) | MGR |
| MADISON SQUARE, LLC (L19000261699) | MGR |
| PEL HV, LLC (L21000367758) | MGR |
| PEL MADISON OAKS EAST, LLC (L24000239898) | MGR |
| PEL WW, LLC (L20000297109) | MGR |
