Fund III generates 20.1% net IRR

Republic surpasses 9,000 units

Fund I realized a net IRR of 18.8%

June 2021: Republic Fund III realized a net IRR of 20.1%. Fund III operated in Arkansas, Georgia, North Carolina, Oklahoma, Tennessee, Texas, and Virginia

Fund II generates 22.4% net IRR

June 2019: Republic Fund II realized a final net IRR of 22.4% (or 30.7% in Canadian Dollars). Fund II operated in Arizona, Georgia, and Texas

May 2018: Republic Funds surpasses 9,000 housing units acquired to date including apartment communities and single-family rental homes

Successful sale of Primerica HQ

Dec 2015: Republic Fund II sells the former Primerica headquarters building in Metro Atlanta to Kaiser Permanente for 231% of its 2014 acquisition price

Mar 2014: Republic Fund I divested 46 contiguous homes in Georgia, realizing a final net IRR of 18.8% (or 23.1% in Canadian Dollars) with zero financial leverage

Basswood secures 93% LTC loan

Jan 2014: Basswood receives $8,100,000 of CMBS loan proceeds from the Royal Bank of Scotland, equal to 93% of Fund II's 2013 cash purchase price