Birgo THRIVE Report 2022

THRIVE REPORT 2022

2022: A Big Year for Community Building at Birgo

Looking back on 2022, a clear theme emerges: the power of community. Because nothing truly great is ever achieved alone.

Greatness comes from the many contributions of committed and passionate people. And at Birgo, those people are you, our amazing community of change-makers. Your valuable time, devoted effort, and endless support have all gone into making 2022 a milestone year, both for the company and the communities we serve across our region.

We’re proud to have achieved record highs this past year in terms of residents, investors, employees, and properties owned and managed. What a feat! It’s both a feather in our cap and a reason to aim even higher next year. But the numbers only tell part of the story.

This year also saw the launch of Reiturn, our first foray into the public investment sphere. Through Reiturn, everyday investors now have the opportunity to build wealth through real estate, without having to jump through hoops or start out with significant financial means. It’s a big step forward, and one we’re thrilled to make together.

As you make your way through the 2022 Thrive Report, we hope you’ll feel proud of the community you belong to here at Birgo.

We couldn’t do it without you.

Shannon Reichert Andrew Reichert Dan Croce

Impact Statement

Birgo has a strong commitment to a high standard of social, financial, and environmental stewardship. Our impact framework connects our actions to a defined set of outcomes and identifies major elements of change that we believe are key to improving lives through real estate. By measuring our impact, we can reflect and make informed decisions, focusing our resources on the highest priorities to maximize our impact.

Our Residents

2,745

Properties 256 Our Environment

71 53 Our

38 27

197 135 Our Investors 83 70

2,545 3

Our Communities

Our Team

tons of CO2 saved

Our Residents

Number of residents served: 2,745 Third Party Rent Assistance: $1,062,285

Our Average Rent: $849 Affordable housing avg rent in our markets: $800

I had a great experience with Birgo Realty! My rental agent Curtis was amazing, he answered all my questions quickly and if he did not know the answer he would find out and get back to me promptly. They made my move from Florida to Pennsylvania an extremely smooth transition!

Resident satisfaction:

4.5/5.0

4

Colonial Commons CATHY W.

Our Investors

Investor satisfaction: 4.6/5.0

IRR: 14.8%

Capital Payback: $28.2 million

5

155 Number of states

Capital investors are from: 20 Number of Reiturn investors: 42 Number of states Reiturn investors are from: 14

consecutive distributions: 21

Number of Birgo Capital investors:

Birgo

Quarters of

Our Team

Number of Employees Served: 83

Number of Employee Outings: 6

I am proud of working for Birgo: 97%

6

Professional Development Hours:

2,880

Mental Health, Counseling, Wellness hours:

790

Percentage of female managers: 50%

As an employee, Birgo has helped me understand why valuing company culture and having a mission driven focus brings a deeper fulfilling purpose to our work. It is where I have learned that sharing openly any issues that arise help accelerate my own personal and company wide goals. It is rare to find a collection of people who are collaboratively working together to support each other actively and that is exactly what I have found at Birgo.

Working for Birgo has been a great experience in teamwork. Each and every Birgo employee brings their own special expertise to the table, so that Birgo can continue to be successful and change lives through real estate.

Working for Birgo and with the wonderful people here hasbeenagreatexperience.I’mabletousemyknowledgeto help our tenants daily and improve my skill set. I find both of these things extremely rewarding. The head office team has always been helpful and kind. In addition, the crew we have on the property have a deep well of knowledge that they are more than willing to share. It is refreshing to find such strong teamwork across the company.

7

SUMIT KOVOOR JOE LESZCZ FAE SCHERER

Our Properties

Number of properties served: 71

8

Dollars towards property/ community improvements: $3.9 million

Beautiful apartment in a great area! Maintenance is wonderful. If anything needs any attention it’s taken care of in a timely manner. Property management keeps in touch regarding any changes or anything that we need to know about the property.

KATHLEEN G.

Apartments on Academy

9

TREE OF LIFE

Open Bible Church

Our Communities

Number of communities served: 38 Hours of Community Service: 260

We launched the Real Returns Podcast to discuss how multifamily real estate investments can create a positive impact on individuals and their communities.

Check out @RealReturns on YouTube.

Everything asked, you did with gusto, strength, wisdom, and confidence. You were an amazing group of men and women with a common vision: helping their community. Thank you so much for loving ours, too!

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