Jones Lang LaSalle Incorporated : Sale of multi-housing development site at Nova Southeastern University closes

About The Brandon Company

The Brandon Company is real estate development firm based in Miami that has been active in commercial property development since 1975. The company is responsible for 6.5 million square feet of shopping center, office, and industrial development throughout the State of Florida. In partnership with Nova Southeastern University, The Brandon Company is developing The Academical Village. Upon its completion The Academical Village will consist of 3.2 million square feet of medical, office, retail, and residential uses along with a 200-room hotel and conference facility. The thirty-acre Academical Village is located on the NSU campus in Davie, Florida with strategic frontage on University Drive and access to the entire South Florida metropolitan area.

About Nova Southeastern University ("NSU")

At NSU, students don't just get an education, they get the competitive edge they need for real careers, real contributions and real life. A dynamic, private research university, NSU is providing high-quality educational and research programs at the undergraduate, graduate, and professional degree levels. Established in 1964, the university includes 14 colleges, the 215,000-square-foot Center for Collaborative Research, the private JK-12 grade University School, the world-class NSU Art Museum Fort Lauderdale, and the Alvin Sherman Library, Research and Information Technology Center, one of Florida's largest public libraries. NSU students learn at campuses in Fort Lauderdale, Fort Myers, Jacksonville, Miami, Miramar, Orlando, Palm Beach, and Tampa, Florida, as well as San Juan, Puerto Rico, and online globally. With more than 200,000 alumni across the globe, the reach of the NSU community is worldwide. Classified as having "high research activity" by the Carnegie Foundation for the Advancement of Teaching, NSU is one of only 59 universities nationwide to also be awarded Carnegie's Community Engagement Classification, and is also the largest private institution in the United States that meets the U.S. Department of Education's criteria as a Hispanic-serving Institution. Please visit www.nova.edu for more information.

About Mill Creek Residential Trust

Mill Creek Residential Trust LLC is a national rental housing company focused on the development, acquisition and operation of rental communities in targeted markets nationwide. The national company, headquartered in Boca Raton, Florida proactively develops, acquires, constructs and operates communities through its seasoned team of real estate professionals in offices across the United States. Mill Creek is building its portfolio in many of the nation's most desirable markets in Seattle, Portland, the San Francisco Bay area, Southern California, Phoenix, Denver, Dallas, Austin, Houston, South Florida, Tampa, Orlando, Atlanta, Nashville, Charlotte, Raleigh, Washington, D.C., New Jersey, New York, and Boston. As of March 31, 2022, the company's portfolio is comprised of 117 communities representing over 31,427 rental homes that are operating and/or under construction. For more information, please visit www.millcreekplaces.com.

FCP® is a privately held real estate investment company that has invested in or financed more than $9.3 billion in assets since its founding in 1999. FCP invests directly and with operating partners in commercial and residential assets. The firm makes equity and mezzanine investments in income-producing and development properties. Based in Chevy Chase, MD, FCP invests both its commingled, discretionary funds and separate accounts targeted at major real estate markets in the United States. For further information on FCP, please visit www.fcpdc.com.