iCap Lakeview LLC

Fund: Fund 2, iCap Northwest Opportunity Fund LLC

Location: 1125 N 40th Street, Renton, WA 98056

Description: The acquisition of 4 parcels, with the plan to subdivide into 17 lots. West facing, view lots of Lake Washington.

Investment Date: 5/6/2015

Estimated Exit: 5/30/2019

Investment Amount to Date: $2,445,009.31

Q1 2019 Progress Update: completed final stages of land development, waiting for City approval and then parcel will be sold to Quadrant Homes.

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Jami Stevenson