PRESS RELEASE:

ROCKVILLE, Md. – January 26, 2021 – LIVEbe Communities, a premier apartment developer and operator dedicated to delivering distinct apartment homes within connected communities, today announced that all four LIVEbe-owned and managed apartment communities were recognized for their continued superior customer satisfaction with the honor of the 2020 ApartmentRatings/SatisFacts Resident Satisfaction Awards.

LIVEbe Communities earned an epIQ Index Top 100 Property Management Companies Award for Resident Satisfaction for the fourth year in a row. LIVEbe, the multifamily division of Berman Enterprises, received an average score of 4.58 out of 5, based on a minimum of 100 surveys.

2Hopkins (4.58 average score), The Remy (4.61) The Bowen (4.60) and Glen Oaks (4.55) won individual community awards .for the fourth year in a row.

“During a complicated year, our ambassadors have continued to do the right thing for our residential members and the community. From virtual tours, virtual events and virtual meetings to handling an increase in packages our ambassadors always put our customers and safety first.” said Elaine De Lude, vice president of LIVEbe.

2Hopkins is a luxury high-rise in Downtown Baltimore, featuring 183 apartment homes and a prime amenities package. The LIVEbe development, which opened in 2017, was the first apartment in the U.S. to implement refrigerated lockers from Smiota, Inc., which allow residents to utilize food delivery services while offsite and have round-the-clock access to their shipments.

The Remy, also developed by LIVEbe, is positioned in the budding Harkins District of Prince George’s County in Lanham, Md. The 278-unit midrise community, which opened in 2017, was recognized for the fastest lease up in Suburban Maryland and phase II of this community is currently under construction.

Glen Oaks was acquired in 2014 and features some of the most spacious and luxurious floor plans in Greenbelt, Md. Situated alongside fitness and nature trails, the 463-unit community is also transit-friendly with prime access to the Capital Beltway.

LIVEbe assumed management of the Bowen in 2018 from a third-party manager. Berman Enterprises purchased the asset in 2014. The community features a robust amenity package and oversized apartment homes.

“Our ambassadors continue to impress us with their passion for collaboration and customer service. Our ambassadors are committed to living our core values and our residents see their dedication to providing exceptional customer experiences. Our ambassadors understand the importance of providing our residents not only an apartment, but a home and a community. And we are so proud of them.” Said Jennifer Rucker, Vice President, LIVEbe Communities.

About LIVEbe Headquartered in Rockville, Md., LIVEbe was founded in 2016 and is helmed by multifamily veterans Elaine De Lude and Jennifer Rucker. LIVEbe is the multifamily division of Berman Enterprises and was established with a specific focus on fostering a sense of community by offering an unparalleled living experience for residents and employing LIVEbe Ambassadors who are forward thinking and passionate about providing exceptional customer service.

About Berman Enterprises Berman Enterprises is a multi-generational real estate and investment company founded on the principles of honesty, integrity, hard work, hands-on management, community and philanthropy. Employing a conservative financial strategy, Berman Enterprises has experienced sustained growth since brothers Melvin J. Berman and I. Wolford Berman founded the company in 1952.

Today, the Company and its affiliates own and manage more than 9 million square feet of commercial office, retail, industrial/flex and residential properties in Maryland, Virginia, Illinois, North Carolina and Pennsylvania. The Company also owns several hundred acres of developable land representing thousands of units of residential and hundreds of thousands of square feet of commercial and retail development potential.