| EKN News Kenneth Herzberg joins EKN Development Group as Head of EKN Capital Markets September 28, 2021 EKN Development Group LLC (“EKN Development”) is pleased to announce that Kenneth Herzberg, Founder and Managing Director of Redpoint Capital Advisors, LLC (“Redpoint”), will be joining our team as head of the newly formed EKN Capital Markets, LLC (“EKN Capital Markets”). Leveraging more than 30 years of experience, Kenneth will advise on debt and equity placement, investment sales, M&A, ground lease monetization, C-PACE financing, programmatic execution and structuring of joint ventures, and CoGP/LP formation. EKN Development Group Acquires Tahoe Biltmore Lodge & Casino in Crystal Bay, Nevada September 24, 2021 EKN Development Group, with its financial partners, Garn Development and Stack Real Estate, acquired the Tahoe Biltmore Lodge & Casino located in Crystal Bay, Nevada on September 16, 2021. Rochester Celebrates the Grand Opening of the EVEN Hotel and Staybridge Suites, EKN's Third and Fourth Hotels serving the Mayo Clinic Area September 14, 2021 Congratulations to the EKN team who celebrated in Rochester the grand opening of the EVEN Hotel and Staybridge suites last week with live music, local food, and tons of community enthusiasm. The dual-branded hotels mark EKN Development’s third and fourth offerings in Rochester, a city that’s seen robust growth as the renowned Mayo Clinic continues to expand. From Auto Clinic to Hotel: The History of Eleven02 September 3, 2021 Before 101 11th Avenue was the EVEN Hotel and Staybridge Suites, the property was home to Virgil’s Auto Clinic & Towing, an iconic Rochester family business owned by the Nelson’s. Hyatt House Grand Opening Ceremony Honors Veterans and Celebrates the Success of Rochester’s First Qualified Opportunity Zone Project July 13, 2021 EKN Development Group, in conjunction with our joint-venture partners at PEG Companies, celebrated the Rochester Hyatt House, a project that remained on schedule and opened with great success in the midst of a global pandemic, with a Grand Opening Ceremony. The EVEN and Staybridge Hotel, Serving Mayo Clinic’s Growing Community, Opens for Business May 25, 2021 Ahead of schedule and under budget, EKN’s third and fourth hotels open in Rochester, Minnesota. Rochester's First Qualified Opportunity Zone Project, Hyatt House Rochester Mayo Clinic Area, Opens for Business March 30, 2021 ROCHESTER, Minn., March 30, 2021 (Newswire) – After nearly three years of planning and zoning, 20 months of construction, and a global pandemic that presented unique development challenges, joint-venture partners EKN Development Group and PEG Companies formally opened Hyatt House Rochester Mayo Clinic Area, Thursday. Civic on First Hotel Nears Completion February 24, 2021 EKN Development Group is proud to announce the new Civic on First Hyatt House is nearing completion. Eleven02 Hotel Guest's Most Unconventional Check In Attempt September 10, 2020 A friendly visitor becomes the Eleven02 Hotel's first unofficial guest! Redefining the Customer Experience in the Age of Covid-19 July 23, 2020 Civic on First Construction Progress March 27, 2020 Construction on the 175-room Civic on First Hyatt House is in progress with the three concrete podium decks for the parking structure and the first two levels of the superstructure completed. Rochester Hotel Indigo Official Opening January 22, 2020 EKN Development Group with its partners is proud to announce the opening of their Hotel Indigo in Rochester, Minnesota. Eleven02 Hotel Ground Breaking August 29, 2019 Ground Breaking Ceremony The construction of the 250-room dual-branded EVEN Hotel and Staybridge, dubbed "Eleven02" Hotel, has officially broken ground in Rochester, MN. First deal in the nation to combine PACE Funding and Opportunity Zone Funding July 10, 2019 EKN Development Group, in conjunction with PEG Companies, complete first deal in the nation to combine PACE Funding and Opportunity Zone Funding. Ebbie Nakhjavani speaks at Meet the Money 2019 May 26, 2019 Speaking at Meet the Money 2019, the National Hotel Finance & Investment Conference, CEO Ebbie Nakhjavani lays out why these hotels remain the top choice for developers and his outlook on the future of the space.