ELLIS GROUP, INC. DBA INTEGRA REALTY RESOURCES, LOS ANGELES

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Integra Realty Resources Susan O. Gordon Los Angeles Experience 16030 Ventura Boulevard Suite 620 Ms. Gordon, Senior Analyst with INTEGRA REALTY RESOURCES — LOS ANGELES, has been appraising Encino, CA91436-4473 real property since 2006. Her experience valuing diverse property types Includes vacant residential, Industrial, and commercial land as well as utility corridors, agricultural land Including orchards, T81&290.5400 Industrial buildings, retail storefronts, mini -malls and shopping centers, office buildings and business F 818.290.5401 parks, affordable/subsidlzed residential apartment complexes, high-rise apartment buildings In mid - construction, single-family residential estates, healthcare properties, gas stations, mortuaries, and www,ifrxam/losanseles other special purpose properties. Ms. Gordon has successfully appraised properties for various client groups such as public agencies (cities of Bell, Palmdale, Pasadena, Culver City, Riverside, County of Los Angeles, Metropolitan Transit Authority, Department of Water and Power, Metropolitan Water District), utility providers, financial Institutions, law firms, accountancy firms, corporations, and individual property owners. Professional Activities Licensed: California Certified General Real Estate Appraiser. No. AG040748 Practicing Affiliate: Appraisal Institute, Southern California Chapter Education B.A., Social Ecology/Pre-Law, University of California, Irvine (Dean's List) State of California credit for completion of the following Appraisal Institute and other credentialed courses and seminars: • Eminent Domain and Condemnation (2016) • General: Appraiser Report Writing and Case Studies (2015) e Federal and State Laws and Regulations (2014) • General Appraiser Market Analysis and Highest and Best Use (2014) • 7-Hour National USPAP Course (2008, 2010, 2012, 2014, 2016) • Appraising Complex Properties(2014) • Case Studies in Appraising Green Residential Buildings (2015) • Introduction to Green Buildings: Principles and Concepts(2015) • General Appraiser Income Approach Parts 1 and 2(2015) • General Appraiser Site Valuation and Cost Approach (2014) • General Appraiser Sales Comparison Approach (2014) • Real Estate Finance, Statistics and Valuation Modeling (2013) • Litigation Seminar (2014) • Residential Design & Functional Utility (2011) • Business Practices and Ethics (2010) • Residential Property Construction and Inspection (2009) • The New Residential Market Conditions Form (2008) • Appraiser Recruiterto the Stars(2007) • Do You Know What to Look At and For in Property Observation? (2006) • Low Income & Market -Rate Housing Considerations for Appraisers (2006) • 15-Hour National USPAP Course (2005) • Residential Market Analysis and Highest & Best Use (2005) • Basil Appraisal Procedures (2005) • Basic Appraisal Principles (2005) Ll sgordon@irr.com—818.290.5412