725 Broadway LLC

Fund: Fund 1, iCap Pacific Northwest Opportunity & Income Fund LLC

Location: 725 Broadway, Tacoma, WA 98402

Description: The acquisition, development, and construction of a 209 unit mixed use apartment building located in downtown Tacoma, WA. The property is located near shopping, entertainment, and transportation. The units will be a combination of 1 and 2 bedrooms ranging from 500 -1000 SF.

Investment Date: 7/1/2014

Estimated Exit: 4/30/2019

Investment Amount to Date: $206,789.44

Q1 2019 Progress Update: The property is under contract, the buyer is currently in the feasibility period and we are scheduled to close on 4/30/2019.

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Jami Stevenson