(based on NAV as of 12/31/16)1
Direct Investments (2007 – 2016)3
Realized vs. Unrealized
(1) The percentages noted in the pie charts are calculated using the 12/31/16 NAV for each RMA direct investment.
(2) Various US Markets include Mid-Atlantic, Midwest, Southeast, Hawaii and the Rockies.
(3) Percentage calculated based on number of investments.