Slide 1: Investor Presentation Q2 2021
Investor Presentation Q2 2021
Slide 2: Disclosure Slide
Disclosure Slide These materials are provided for informational purposes only, and under no circumstances may any information contained herein be construed as investment advice or as an offer to sell or a solicitation of an offer to buy an interest in any Modiv program or offering. Alternative inves
Slide 3: Multiple Levers of Value Creation
Multiple Levers of Value Creation Investment ManagerManager of alternative real estate products to provide revenue to Modiv and increase franchise value Crowdfunding PlatformFintech platform magnifies access to investors and offers scalable and economical capital raise capabilities Growth Income + G
Slide 4: Modiv by the Numbers
Modiv by the Numbers 38commercial properties 12retail 14office 12industrial $400+ millionassets under management 7,500+investors 2.3 millionSF of leasable space 67% investment graderated tenants $0fees3 $38.5M dividendspaid since inception2 1. Investment grade rating on long-term debt is determined
Slide 5: Investments Overview
Investments Overview
Slide 6: Durable Real Estate Portfolio
Durable Real Estate Portfolio Properties 38 Square Footage (msf) 2.3 Total Tenants 31 Annualized Base Rent ($m) $29.3 Top Ten Tenants (% of ABR) 55% Tenant Industries 13 Occupancy (%) 100% Cash Rent Collection (% of ABR) 100% Investment Grade-Rated1 (% of ABR) 67% Contractual Rent Bumps (% of ABR) 8
Slide 7: Key Portfolio Metrics
Key Portfolio Metrics Top 5 Tenantsby Annual Base Rent 8.7% (S&P A) 7.7% (NR) 7.7% (S&P A+) 5.3% (S&P AA-) 5.5% (NR) As of June 30, 2021 Modiv Inc. is not affiliated with, associated with, or a sponsor of any of the businesses pictured or mentioned above. The names, logos and all related product and
Slide 8: Recent Real Estate Activity
Recent Real Estate Activity LeasingExtended City of San Antonio Early Childhood Education Municipal Development Corp. for an eight-year term; represented our lone 2021 expiration. FinancingTwo properties were re-financed totaling approximately $13M of proceeds with a weighted average rate of 3.35% a
Slide 9: Q2 Earnings
Q2 Earnings 2Q quarter-end earnings above prior year due to: Reduced share count from redemption activity Interest expense savings from recent debt re-financingContractual rent escalators AFFO per Share1 1. Refer to 10Q filing with the SEC. We are pleased with our 2Q21 results. Earnings benefited fr
Slide 10: Quarterly Estimated NAV
Quarterly Estimated NAV 1. Estimated per share NAVs reflect the 1:3 reverse stock split effective February 1, 2021. $26.05Estimated NAV per shareAs of June 30, 2021 13%Increase year-to-date Net Asset Value per Share (April 2020) $21.01 Real Estate $2.00 Cash $0.65 Other Assets ($0.83) Total Real Est
Slide 11: Investment Overview
Investment Overview As of June 30, 2021 Share Price (NAV) $26.05 Dividend1 $1.05/share Annualized Distribution Rate1 4.0% Shares Outstanding 8.8 mm Distributions Paid Since Inception1 $38.5 mm 1. There is no guarantee that distributions will be paid. On August 17, 2021, Modiv’s Board of Directors ap
Slide 12: Quarterly Commentary
Quarterly Commentary
Slide 13: Market and Portfolio Outlook
We continue to believe net-lease real estate will perform strongly, particularly necessity retail, industrial/flex R&D, and highly-amenitized essential office; all represent hallmarks of Modiv’s operating portfolio. – William Broms, Chief Investment Officer Market OutlookReal estate remains an excep
Slide 14: Modiv Quarterly Update Highlights
Modiv Quarterly Update HighlightsRaising dividend to $1.15 (previous $1.05) effective October 1, 2021 | new rate represents an approximate 9.5% increase and 4.4% yield on our most recent NAV Established a $26.05 NAV per share, ~6% increase from prior quarter | portfolio continues to benefit from hea
Slide 15: Appendix
Appendix
Slide 16: Executive Team
Executive Team Over 25 years average real estate experience $25B+ of real estate M&A experienceTaken several companies publicExpertise in capital markets and investor communications Management Seasoned Management Team Name Title Years of Relevant Experience Ray Wirta Chairman 50 Aaron Halfacre Chief
Slide 17: Board of Directors
Board of Directors Name Title Years of Experience Relevant Firm Ray Wirta Chairman 50 CBRE Irvine Company Aaron Halfacre CEO 25 Blackrock, Inc.Cole REIT Joe Hanauer Independent Director 50 Grubb & EllisPorch.com Adam Markman Independent Director 30 Equity CommonwealthGreen Street Adv. Curtis McWilli
Slide 18: Investments
Investments Property City, State Product Type Sq.Ft. Investment Grade1 Purchase Date 3M DeKalb, IL Industrial 410,400 Y 3/29/2018 Accredo Health Orlando, FL Office 63,000 Y 6/15/2016 Amec Foster Wheeler San Diego, CA Industrial 37,449 N 7/20/2016 AvAir Chandler, AZ Industrial 162,714 N 12/28/2017 Bo
Slide 19: Investments (cont'd)
Investments (cont’d) Property City, State Product Type Sq.Ft. Investment Grade1 Purchase Date FUJIFILM Dimatix (72.71%) Santa Clara, CA Industrial 91,740 Y 9/28/2017 Gap Rocklin, CA Office 40,110 N 12/1/2016 GSA - Mine Safety & Health Vacaville, CA Office 11,014 Y 4/5/2016 Harley Davidson Bedford, T
Slide 20: www.modiv.com
www.modiv.com | 888.686.6348120 Newport Center Drive | Newport Beach, CA 92660 Securities offered through North Capital Private Securities | Member FINRA / SIPC