Security	Date	Code	Shares	Price	A/D	Owned after	D/I
Common Stock^F2,F3	Nov 28, 2017	S	18,599	$11.73	D	1,729,616	D
Common Stock^F4,F3	Nov 29, 2017	S	11,100	$11.74	D	1,718,516	D
Common Stock^F5,F3	Nov 30, 2017	S	10,039	$11.65	D	1,708,477	D

Table II — derivative securities

No Table II lines on this filing.

Explanation of responses

F1The sales reported on this line were effected pursuant to a Rule 10b5-1 plan adopted by TCN/TNHC LP on August 24, 2017.
F2The price reported in Column 4 is a weighted average price. The shares were disposed of in multiple transactions at prices ranging from $11.61 to $11.80, inclusive. TCN/TNHC LP undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares disposed of at each separate price within the ranges set forth in this footnote.
F3The shares are held directly by TCN/TNHC LP, whose general partner is TCN/TNHC GP LLC, a Delaware limited liability company, whose sole member is Tricon Housing Partners US II Equity Holdings LP, a Delaware limited partnership, whose general partner is Tricon Housing Partners US II GP LLC, a Delaware limited liability company, whose sole member is Tricon USA Inc., a Delaware corporation, whose sole shareholder is Tricon Holdings USA LLC, a Delaware limited liability company, whose sole member is Tricon US Topco LLC, a Delaware limited liability company, whose sole member is Tricon Holdings Canada Inc., an Ontario corporation, whose sole shareholder is Tricon Capital Group Inc., an Ontario corporation. As a result, each of the foregoing entities (other than TCN/TNHC LP which holds the shares directly) is an indirect beneficial owner of the reported securities.
F4The price reported in Column 4 is a weighted average price. The shares were disposed of in multiple transactions at prices ranging from $11.65 to $11.80, inclusive. TCN/TNHC LP undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares disposed of at each separate price within the ranges set forth in this footnote.
F5The price reported in Column 4 is a weighted average price. The shares were disposed of in multiple transactions at prices ranging from $11.44 to $11.77, inclusive. TCN/TNHC LP undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares disposed of at each separate price within the ranges set forth in this footnote.