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Reviving Multifamily Housing Development: - page 6 / 28

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FUELING RECOVERY – SOCAL POP EXPANSION CURRENT POP. OF 19 MILLION TO GROW BY 2+ MILLION

45 - 49

(169,000)

50 - 54

55 - 59

Move-Down Product

Projected Total Population Growth Rate by Age Southern California, 2010-2020

20 - 24

60 - 64 65 - 69

70 - 74

75 - 79

80 - 84

85+

Lifestyle Product Age-Targeted/Restricted Product

Senior Living

25 - 29

30 - 34

Single/Roommate Rental Apartments Entry-Level and First Move-Up Condos

35 - 39

40 - 44

(211,000)

42,000

63,000

28,000

38,000

64,000

132,000

376,000

249,000

318,000

335,000

283,000

442,000

March 23, 2010

6

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