Derek Dahl

Emerald Apartments

Emerald Apartments Status: Completed 2018 Estimated Finished Value: $5,000,000 The Emerald Apartments is a gated community in North Portland on Michigan Ave near Ainsworth St. It was developed as a multifamily property with a condominium designation allowing for future sales of individual units. The project began as an infill development in one of Portland’s fastest developing neighborhoods. Currently the property is operated as a fully leased apartment building, with eight units. The design includes spacious rooftop decks and penthouse master bedrooms. The Emerald Apartments is a gated community in North Portland on Michigan Ave near Ainsworth St. It was developed as a multifamily property with a condominium designation allowing for future sales of individual units. The project began as an infill development in one of Portland’s fastest developing neighborhoods. Currently the property is operated as a fully leased apartment building, with eight units. The design includes spacious rooftop decks and penthouse master bedrooms. Status: Completed 2018 Estimated Finished Value: $5,000,000. Projects

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Creekwood

Creekwood Status:Completed in 2017 Estimated Finished Value: $35,000,000 The Creekwood subdivision consists of 174 homes over four phases. It was developed as an entry-level residential community with the goal of supplying the high demand for this product type in the suburban Vancouver submarket. Romano Capital acquired the property as raw land and then developed it into finished lots. The land was subject to both zoning restrictions and a county design overlay standard. Romano Capital worked with the county to meet these requirements and deliver high quality entry-level homes. The 174-lot subdivision was completed in four phases. The final homes in the subdivision were completed in 2017. The land at 1st St and 192nd Ave is currently undeveloped, with nine acres in the planning stages. The lot is located between Costco and Union High School on 1st St. The parcel was formerly owned by the Evergreen School District as part of the Union High School Campus. The land was unused by the district and seen as a high value development opportunity. Currently the land is being developed with multiple end users in mind. The parcel is being engineered for mixed uses including office, retail and residential. Once complete, the development will include a vibrant mix of tenants and services. Status:Completed in 2017 Estimated Finished Value: $50,000,000 Projects

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Dogwood Park Estates

Dogwood Park Estates Status: Completed 2016 Estimated Finished Value: $8,000,000 Dogwood Park is a subdivision located in north Clark County near Salmon Creek. The project was developed into finished lots and sold to individuals and other builders. Romano Capital first became involved as a lender on the project. By providing construction loans, Romano had the opportunity to become uniquely acquainted with the development along with its profit potential. As homes began to sell in the subdivision, Romano Capital purchased 22 lots to build on. All of these homes were built for sale to the public and were sold quickly after completion. Dogwood Park is a subdivision located in north Clark County near Salmon Creek. The project was developed into finished lots and sold to individuals and other builders. Romano Capital first became involved as a lender on the project. By providing construction loans, Romano had the opportunity to become uniquely acquainted with the development along with its profit potential. As homes began to sell in the subdivision, Romano Capital purchased 22 lots to build on. All of these homes were built for sale to the public and were sold quickly after completion. Status: Completed 2016 Estimated Finished Value: $8,000,000. Projects

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The Oaks

The Oaks Status: Completed 2015 Estimated Finished Value: $19,500,000 The Oaks is a 110-lot subdivision located in central Clark County near the Royal Oaks Golf Course and Vancouver Mall. The community is composed of detached single-family residences built over two phases. Romano Capital acquired 61 finished lots from the original developer with underground construction already completed. While still growing its own construction company, Romano partnered with several builders on this project. Romano Capital completed construction in the subdivision in 2015, selling most of the homes to the public. Several homes were retained and held as rental properties by a Romano managed investment fund. After holding the rental homes for several years, the homes were sold in 2018 at the top of the market. The Oaks is a 110-lot subdivision located in central Clark County near the Royal Oaks Golf Course and Vancouver Mall. The community is composed of detached single-family residences built over two phases. Romano Capital acquired 61 finished lots from the original developer with underground construction already completed. While still growing its own construction company, Romano partnered with several builders on this project. Romano Capital completed construction in the subdivision in 2015, selling most of the homes to the public. Several homes were retained and held as rental properties by a Romano managed investment fund. After holding the rental homes for several years, the homes were sold in 2018 at the top of the market. Status: Completed 2015 Estimated Finished Value: $12,000,000. Projects

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Jenelle’s Place

Jenelle’s Place Status: Completed 2016 Estimated Finished Value: $1,200,000 Jenelle’s Place is a 22-unit subdivision located in Central Vancouver, southeast of the Vancouver Mall. The land was developed into finished lots by another local developer. These lots were sold to individuals and other builders. Romano Capital acquired four lots in the subdivision for the purpose of building four entry-level duplex homes. Upon completion, the homes were sold to the public. The development is now fully complete. Jenelle’s Place is a 22-unit subdivision located in Central Vancouver, southeast of the Vancouver Mall. The land was developed into finished lots by another local developer. These lots were sold to individuals and other builders. Romano Capital acquired four lots in the subdivision for the purpose of building four entry-level duplex homes. Upon completion, the homes were sold to the public. The development is now fully complete. Status: Completed 2014 Estimated Finished Value: $1,200,000. Projects

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Hazel Ridge

Hazel Ridge Status: Completed 2014 Estimated Finished Value: $18,800,000 Hazel Ridge is a fifty-two-lot subdivision with entry level homes in the heart of Hazel Dell. The concept of this neighborhood is a clean look from the streets with all garages loaded in the rear of the home. Romano partnered with a local builder to construct entry-level single-family residences throughout the subdivision. By providing both the financial backing and a guaranteed exit strategy, the homes were quickly constructed and either sold to the public or purchased by a Romano managed rental pool Fund. Hazel Ridge is now a completed subdivision with construction finished, and all homes sold. Hazel Ridge is a fifty-two-lot subdivision with entry level homes in the heart of Hazel Dell. The concept of this neighborhood is a clean look from the streets with all garages loaded in the rear of the home. Romano partnered with a local builder to construct entry-level single-family residences throughout the subdivision. By providing both the financial backing and a guaranteed exit strategy, the homes were quickly constructed and either sold to the public or purchased by a Romano managed rental pool Fund. Hazel Ridge is now a completed subdivision with construction finished, and all homes sold. Status: Completed 2014 Estimated Finished Value: $15,000,000. Projects

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University Estates

University Estates Status: Completed 2016 Estimated Finished Value: $6,000,000 University Estates is a 20-lot subdivision completed in 2016. It was designed as an entry-level residential community with detached homes along a green belt. The location was chosen for its proximity to the I-5 corridor and its inclusion in the Ridgefield School District. University Estates was acquired by Romano Capital with most of the development work already completed. The homes were constructed using some of the same business partnerships that eventually became Romano Construction Services. The project is now complete with all construction finished and all homes sold. University Estates is a 20-lot subdivision completed in 2016. It was designed as an entry-level residential community with detached homes along a green belt. The location was chosen for its proximity to the I-5 corridor and its inclusion in the Ridgefield School District. University Estates was acquired by Romano Capital with most of the development work already completed. The homes were constructed using some of the same business partnerships that eventually became Romano Construction Services. The project is now complete with all construction finished and all homes sold. Status: Completed 20164 Estimated Finished Value: $6,000,000. Projects

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Elk Ridge

Elk Ridge Status: Completed 2014 Estimated Finished Value: $7,500,000 The Elk Ridge subdivision is a multi-phase residential community in St. Helens, Oregon. Romano Capital acquired 25 finished lots within this subdivision for the purpose of constructing single family residential homes. The property was designed and engineered by another local developer shortly before the financial crisis. Due to the economic downturn, the finished lots sat vacant for some time. Romano Capital was able to raise funds through a private placement offering to purchase and construct homes within the subdivision. Of the 25 homes constructed, 15 were sold directly to the public. The remaining homes were held by a Romano Capital managed fund as an income producing rental pool. The Fund then held the homes as rentals until selling them as market conditions improved and home values recovered. The Elk Ridge subdivision is a multi-phase residential community in St. Helens, Oregon. Romano Capital acquired 25 finished lots within this subdivision for the purpose of constructing single family residential homes. The property was designed and engineered by another local developer shortly before the financial crisis. Due to the economic downturn, the finished lots sat vacant for some time. Romano Capital was able to raise funds through a private placement offering to purchase and construct homes within the subdivision. Of the 25 homes constructed, 15 were sold directly to the public. The remaining homes were held by a Romano Capital managed fund as an income producing rental pool. The Fund then held the homes as rentals until selling them as market conditions improved and home values recovered. Status: Completed 2014 Estimated Finished Value: $7,500,000. Projects

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