SMSI GROWTH | 1980 to 2010

PROPERTY NAME	YEAR ACQUIRED	LOCATION	UNITS	AVERAGE OCCUPANCY 2010
Eastland Woods (sold in 2004)	1981	Akron, OH	100	100%
Lawnfair Apartments (sold in 2002)	1993	Fairlawn, OH	46	100%
Ontario Apartments	1980	Akron, OH	46	98%
Brittain Woods	1980	Akron, OH	38	97%
Suncrest Place	1982	Akron, OH	14	100%
Fowler II	1981	Akron, OH	100	100%
Newton Woods	1982	Akron, OH	42	99%
Woodrun Apartments	1988 Built	Cuyahoga Falls, OH	40	100%
Brookledge Commons I	1991 Built	Cuyahoga Falls, OH	48	97%
Brookledge Commons II (68 units converted to condos in 2007)	1998 Built	Cuyahoga Falls, OH	150	93%
Columbia Woods	1998 Built	Norton, Ohio	160	95%
Enclave Apartments (converted to co-op ownership 2005 - 100% sold)	1999 Built	Fairlawn, Ohio	104	98%
Hickory Mills	1997	Kent, OH	109	100%
Whitehall Terrace	2000	Kent, OH	188	97%
Chapel Hill Towers	2000	Kent, OH	402	95%
Lakes at West Chester	2007	West Chester, OH	224	98%
Eastwood Village	2007	Asheville, NC	140	95%
Landmark Apartments	2008	Ft. Collins, CO	120	100%
Rosemont Ridge at Lowry	2008	Denver, CO	240	95%
Summit Hill Apartments	2008	Kent, OH	42	100%
The Legends	2009	Hickory, NC	428	94%
EnVision Apartments	2010	Akron, Ohio	303	Opening January 2011
Stone Creek	2010	Fort Collins, CO	160	100%
	Fee Managed Since:
Ann Tubbs Estates	1985	Medina, OH	40	100%
Warren Woods	1986	Warren, OH	58	97%
Portage Lakes Kiwanis Tower	1984	Akron, OH	101	100%
Center Towers	2002	Akron, OH	101	100%
Mosteller Mansion	2009	Hickory, NC	167	93%