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SPONSORSHIP OVERVIEW                                                                                                STABILIZED
                                                                                                                                   PROPERTIES
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               Sandstone Properties, Inc. was founded in 1994 by Eri Kroh. What began
               as a single, personally funded investment in Santa Monica has grown into                                            PORTFOLIO

               a $650 million portfolio, including a broad spectrum of office, retail,                                             VALUE
                                                                                                                                   $
               industrial, multifamily, and hospitality real estate.                                                                 650MM


               The company’s founding vision has molded its unique approach to
               investing in underperforming assets, mastered through decades of
               industry experience and knowledge. Sandstone’s deep bench of senior
               professionals, with experience at leading public and private firms, offer
               vertically integrated expertise that ranges from raw land purchasing
               and entitlement to ground-up development, construction, and project                                                 DEVELOPMENT

               repositioning. Additionally, Sandstone partners with best-in-class                                                  PIPELINE
               consultants to look beyond and overcome any obstacle or challenge in                                                $
               the development process.                                                                                              1.1BN











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