U.S. Bank maintains a strong financial performance and a commitment to ethical leadership by managing our capital prudently, encouraging innovation, engaging employees, controlling expenses and expanding client relationships.

U.S. Bank Commercial Real Estate dedicates itself to establishing long-term relationships with developers, Real Estate Investment Trusts (REITs), and commercial property owners across the United States. We utilize our strength to help you realize your vision, your goals, your possible.

Long-term senior debt ratings Holding company: Peer groupRatings as of 4/22/2016 S&P Moody’s Fitch DBRS

U.S. Bancorp A+ A1 AA AA

Wells Fargo & Company A A2 AA- AA

BB&T Corporation A- A2 A+ AH

JPMorgan Chase & Co. A- A3 A+ AH

PNC Financial Services Group, Inc. A- A3 A+ AH

Bank of America Corp. BBB+ Baa1 A AL

Fifth Third Bancorp BBB+ Baa1 A AL

SunTrust Banks, Inc. BBB+ Baa1 A- AL

KeyCorp BBB+ Baa1 A- BBBH

Regions Financial Corp. BBB Baa3 BBB BBB

USB Capital Position 1Q16Tier 1 Capital Ratio 11.1%

Total Risk-based Capital Ratio 13.1%

Leverage Ratio 9.3%

Common Equity Tier 1 Capital Ratio 9.5%

Tangible Common Equity Ratio 7.7%

Our team in Denver, Colorado, financed the construction of this 26-story mixed use development consisting of retail, office, apartments, and condominiums in downtown Durham, North Carolina.

We are in the business of possible

2016 Second Quarter U.S. Bank Commercial Real Estate

Solutions to help you achieve your unique objectivesInnovative financing strategies• Loans and lines of credit — Finance real estate, extend

working capital, purchase equipment, restructure ownership or expand business

• Commercial mortgage warehouse lines to national and regional real estate finance companies and institutionally sponsored funds — Benefit from customized financing solutions offered by our Structured Finance specialty lending group

Capital markets expertise• Loan syndications and agency services — Receive expertise in

leading and in the administration of syndicated loans• Interest rate protection — Hedge exposure to interest rate risk• Bond and preferred equity underwriting — Raise capital from

institutional investors• Common equity — Execute common equity offerings through

referral relationships with U.S. Bancorp Investments, Inc.

Specialized cash management solutions• Deposit, treasury management and payment solutions —

Reduce operational costs and increase processing efficiencies through seamless integration with common property management accounting platforms

Dedicated loan professionals• Loan administration — Partner with a team of dedicated

professionals proficient in providing efficient and well-executed loan closings, construction loan administration and on-going loan servicing

Investment products are:

NOT FDIC INSURED MAY LOSE VALUE NOT GUARANTEED BY THE BANKNOT INSURED BY ANY FEDERAL GOVERNMENT AGENCYNOT A DEPOSIT

30% Multi-family

23% Of�ce

16% Lodging

3% Residential4% Multi-Use5% Industrial6% Other Secured

13% Retail

Commercial Mortgage Commitment Portfolio

Commercial Real Estate statisticsCommitments: $38 billion

Loans: $25 billion

Deposits: $7 billionAs of March 31, 2016

For U.S. Bancorp Investments: Investment products and services are available through U.S. Bancorp Investments, the marketing name for U.S. Bancorp Investments, Inc., member FINRA and SIPC, an investment adviser and a brokerage subsidiary of U.S. Bancorp and affiliate of U.S. Bank.

Our team in San Francisco, California, financed the renovation and redevelopment of this historic brick-and-timber Ford manufacturing plant into 255,000 sf of highly unique Class A creative office space in a revitalized area of downtown Los Angeles, California.

We help make possible happenRecent transactions we’ve helped make possible.

Chicago, Illinois373 unit multi-family project in the Gold Coast neighborhood $88 million construction loan

Coral Gables, Florida200 unit, Class A+, 18-story apartment project 3,290 sf of ground floor retail and attached parking $56 million construction loan Operating deposit accounts for loan draw disbursements

Draper, Utah435 unit, multi-family project $47 million construction loan

Fort Worth, Texas245 room Hampton Inn & Suites with integrated parking $38 million construction and mini-perm loan Forward starting swap Deposit accounts for equity, reserves and operations Merchant processing

Honolulu, Hawaii215 luxury condominiums ranging from 850 to 6,000 sf $460 million construction loan

Long Island, New York233,000 sf Class A office, build-to-suit $75 million construction to mini-perm loan Forward starting swap

Minneapolis, Minnesota125 key, 116,127 sf full-service upscale boutique hotel $21 million construction loan, $9.6 million bridge loan Federal Historic Tax Credits provided by U.S. Bancorp Community Development Corporation

Orange County, California15 story, 271-room full service Marriott Hotel $36 million syndicated construction loan

California, Colorado, Florida, Hawaii, Texas, Virginia19 self-storage properties $125 million mini-perm loan Interest rate swap

U.S. Bank is proud to share what others say about usU.S. Bank is the largest U.S.-based bank to be named a World’s Most Ethical Company— Ethisphere Institute, 2015, 2016

“Most Admired Superregional Bank” six years in a row— Fortune, March 2011–2016

Our team in Chicago, Illinois, financed the ground-up development of this 340 unit Class A apartment project located on 18.4 acres in the north Houston, Texas area.

“World’s Most Ethical Companies” and “Ethisphere” names and marks are registered trademarks of Ethisphere LLC.Deposit products offered by U.S. Bank National Association. Member FDIC. Credit products subject to normal credit approval. Organizations mentioned here are not affiliated with U.S. Bank. U.S. Bank is not responsible for and does not guarantee the products, services or performance of its affiliates.8084 MMWR-90507 (5/16)

usbank.com

U.S. Bank Commercial Real Estate

U.S. Bank Commercial Real Estate has dedicated offices in 24 major marketsCommercial Real Estate Division HeadRex Rudy, Executive Vice President

Lending offices:

Atlanta, GARick Anthony 770.512.3116

Boston, MAMike Hussey 617.603.7653

Charlotte, NCSteve Windell 704.335.2834

Chicago, ILDon Pafford 312.325.8740

Cincinnati, OHJohn Hart 614.232.8093

Columbus, OHJohn Hart 614.232.8093

Dallas, TXKent Howard 972.581.1610

Denver, CODrew Hyde 303.585.4166

Houston, TXGreg Kaye 713.212.3710

Las Vegas, NVMatt Mains 602.257.5420

Los Angeles, CAAdrian Metter 213.615.6657

Madison/ Milwaukee, WISteve McGuire 414.765.4858

Minneapolis, MNMike Franta 612.303.9035

Orange County, CAScott McPherson 949.863.2367

Philadelphia, PATom Matesich 215.523.6109

Phoenix, AZMatt Mains 602.257.5420

Portland, ORAnn Young 503.464.4649

Sacramento, CATim Kassis 916.498.3450

Salt Lake City, UTRalph Pace 303.585.4170

San Diego, CAJim Nigro 858.334.0701

San Francisco, CAChris Osborn 415.774.2230

Seattle, WAJames Payne 206.344.5490

Washington, D.C.Nancy Petrash 703.442.5482

Product specialties:

Structured FinanceVish Ali 972.581.1602