• Proximity to I-75 and State Road 72 providing access to Sarasota’s most prominent demand drivers • Strong hospitality market performance with RevPAR up 57% since 2019 • Off-season demand is higher than pre-COVID levels as local entities have successfully marketed Sarasota as a commercial and group destination • Sarasota is among the top trave destinations in the U.S. for 2025 (Forbes) • Siesta Key Beach ranked #1 in the U.S. and #4 globally in 2025 (Tripadvisor) • Well-maintained asset with +$3.3million invested from 2017-2024 • Value-add upside upon completion of change of ownership PIP