Partially Realized

Growth Fund II

Investment Summary

Origin Growth Fund II acquired 17 value-add office, multifamily and industrial assets in high growth markets across the United States. The Fund is currently outperforming initial projections and has a hypothetical net IRR of 19.7% as of 06/30/20241. Growth Fund II assets are located in markets that have demonstrated substantial increases in population and job growth and exhibited attractive long-term demographic indicators. These markets include cities such as Austin, Atlanta, Charlotte, Chicago, Dallas, Denver, Houston, and Raleigh. Additionally, the Fund focused on acquiring smaller transactions between $10-40 million where competition was limited and inefficiencies were abundant.

19.3%

Hypothetical Net IRR as of 06/30/20242

2.06x

Hypothetical Net Multiple as of 06/30/20242

2013

Vintage

Closed-End

Fund Structure

Fund Properties

Orlando Industrial
Realized

Orlando Industrial

Orlando, FL
Gross IRR 37.10%
Gross Multiple 1.93x
Equity Type Equity
Arium Northpoint
Realized

Arium Northpoint

Roswell, GA
Gross IRR 50.40%
Gross Multiple 2.61x
Equity Type Equity
Kingwood Medical Center
Realized

Kingwood Medical Center

Kingwood, TX
Gross IRR 31.80%
Gross Multiple 2.51x
Equity Type Equity
Woodlands Business Park
Realized

Woodlands Business Park

Grand Prarie, TX
Gross IRR 15.29%
Gross Multiple 1.48x
Equity Type Equity
Three South Executive Park
Realized

Three South Executive Park

Charlotte, NC
Gross IRR 29.38%
Gross Multiple
Equity Type Equity
One University Place
Realized

One University Place

Charlotte, IL
Gross IRR 12.48%
Gross Multiple 1.89x
Equity Type Equity
2605 Meridian Pkwy
Realized

2605 Meridian Pkwy

Durham, NC
Gross IRR 15.62%
Gross Multiple 1.65x
Equity Type Equity
Office at DTC
Realized

Office at DTC

Denver, CO
Gross IRR 2.15%
Gross Multiple 1.12x
Equity Type Equity
Cambridge Corporate Center
Realized

Cambridge Corporate Center

Charlotte, NC
Gross IRR 19.45%
Gross Multiple 2.04x
Equity Type Equity
One Nineteen on Main
Realized

One Nineteen on Main

Naperville, IL
Gross IRR 25.47%
Gross Multiple 5.5x
Equity Type Equity
Centrum at Glenridge
Realized

Centrum at Glenridge

Atlanta, GA
Gross IRR 25.25%
Gross Multiple 2.80x
Equity Type Equity
Iroquois Club
Realized

Iroquois Club

Naperville, IL
Gross IRR 19.38%
Gross Multiple 2.76x
Equity Type Equity
The Olmsted
Realized

The Olmsted

,
Gross IRR 27.72%
Gross Multiple 2.47x
Equity Type Equity
Ellie Apartments
Realized

Ellie Apartments

Austin, TX
Gross IRR 13.90%
Gross Multiple 1.9x
Equity Type Equity
Austin Air Cargo
Realized

Austin Air Cargo

Austin, TX
Gross IRR 36.53%
Gross Multiple 2.83x
Equity Type Equity
Lux 24
Realized

Lux 24

Chicago, IL
Gross IRR 57.56%
Gross Multiple 3.07x
Equity Type Equity
Collins Square
Unrealized

Collins Square

Richardson, TX
Gross IRR
Gross Multiple
Equity Type Equity
  1. Returns are not guaranteed. Past performance is no guarantee of future results. All investments involve a degree of risk, including the risk of loss.
  2. IRR and equity multiple calculated based on a hypothetical liquidation of the Fund as of 06/30/2024. Hypothetical performance doesn’t represent an actual investment and frequently has sharp differences from actual returns. Hypothetical returns are inclusive of appreciation and reinvestment of distributions and are net of fees.