Excelsior Acquires Additional Webster Properties from Morgan

Rochester, NY — August 2026 — Excelsior Communities is proud to announce the acquisition of First Federal Plaza, one of Rochester’s most recognizable downtown landmarks, located along the Genesee River at 28 East Main Street. The acquisition represents another significant investment by Excelsior Communities in downtown Rochester and an opportunity to reimagine First Federal Plaza as a premier mixed-use destination bringing together Premier Living, Premier Office and Premier Retail in one of the city’s most distinctive settings. With its signature architecture, floor-to-ceiling glass and exceptional riverfront location, First Federal Plaza offers an opportunity to create an experience unlike anything else in downtown Rochester. Excelsior’s vision is to build on the property’s unique character while introducing new energy, activity and connectivity to the surrounding neighborhood. A major focus of the project will be the building’s relationship with the Genesee River. Excelsior sees an opportunity not only to enhance First Federal Plaza itself, but to activate the riverfront and create a destination that encourages residents, office tenants, businesses and visitors to experience the river in a new way. “This is much bigger than the acquisition of a building,” said Ami Notis, Vice President of Excelsior Communities . “First Federal Plaza has the location, architecture and presence to become one of the premier destinations in Rochester. Our vision is to bring together premier living, premier office and premier retail while taking full advantage of the building’s incredible floor-to-ceiling glass and its position directly along the Genesee River. We believe activating this property and the riverfront can create new energy that extends well beyond the building and helps lift up the entire west side of the river.” Excelsior Communities views First Federal Plaza as an important part of the continued evolution of downtown Rochester. By creating a vibrant mix of residential, office and retail uses and strengthening the connection between the building and the waterfront, the company believes the project can serve as a catalyst for broader investment and activity throughout the surrounding area. The acquisition continues Excelsior Communities’ commitment to investing in Rochester’s urban core and transforming distinctive properties into places where people can live, work and connect. Media Contact Cathy Craft Marketing Manager Excelsior Communities 585-244-7368

12/9/2025 – Rochester, NY — Excelsior Communities is excited to continue investing in Rochester’s growth. Our latest project at the nearly 100-year-old Columbus Building in downtown Rochester will transform three underused commercial floors into 30 additional apartment homes, expanding the building from 101 to 131 units. By converting vacant commercial space into renovated housing, we’re helping breath new life into a historic building while meeting the rising demand for quality homes in the heart of the city. The project also includes a refreshed lobby and hallways, plus the reopening of an on-site fitness club. This $7.9 million renovation will revitalize a long-static space, and contribute to a more bustling, livable downtown. Media Contact Cathy Craft Marketing Manager, Excelsior Communities (585) 244-7368 ext. 8100

10/16/25 – Rochester, NY — Excelsior Communities was recently featured in the Rochester Business Journal highlighting our continued investment and growth in downtown Rochester. We’re grateful to the RBJ team for sharing our story and spotlighting our efforts to preserve and revitalize Rochester’s historic properties.  “Our goal is to not only provide modern, comfortable living spaces, but also to contribute to the vitality of downtown by bringing new energy, businesses and residents into these historic properties,” said Ami Notis , Vice President of Excelsior Communities. Thank you to the Rochester Business Journal for featuring Excelsior Communities and recognizing our ongoing commitment to Rochester’s future. Media Contact Cathy Craft Marketing Manager, Excelsior Communities (585) 244-7368 ext. 8100

Rochester, NY – 9/9/2025 – Excelsior Communities is proud to announce the acquisition of three downtown Rochester properties: 88 on Elm, The Columbus Building, and The Terminal Building. The additions strengthen the company’s presence in the heart of the city with a dynamic mix of commercial spaces and thoughtfully designed apartment homes. “This is an exciting step forward for Excelsior Communities as we continue to grow and invest in Rochester,” said Ami Notis, Vice President of Excelsior Communities. “Our goal is to not only provide modern, comfortable living spaces, but also to contribute to the vitality of downtown by bringing new energy, businesses, and residents into these historic properties.” The acquisitions reflect Excelsior Communities’ ongoing commitment to community-focused development and the revitalization of Rochester’s urban core. With this expansion, the company now manages a diverse range of properties across the region, balancing historic preservation with contemporary living. Contact: Cathy Craft Marketing Manager Excelsior Communities 585-244-7368 ext. 8100

Excelsior Communities is proud to celebrate a successful year of third-party management of Summit Knolls. Over the past year, we have implemented significant improvements in marketing, tenant relations, maintenance, and accounting, enhancing the overall experience for residents and the community. Since taking on the management of Summit Knolls, Excelsior Communities has focused on delivering top-notch services and fostering a vibrant, well-maintained living environment. Our dedicated team has worked diligently to elevate the standards of property management through the following key areas: Marketing: Our strategic marketing efforts have not only increased occupancy rates but also attracted a diverse and dynamic tenant base, ensuring a thriving community. Tenant Relations: We have prioritized open communication and responsive service, strengthening relationships with our residents and building a supportive community atmosphere. Maintenance: Our commitment to excellence in maintenance has resulted in timely repairs, regular upkeep, and enhancements to the property, contributing to a safe and pleasant living environment. Accounting: With robust accounting practices, we have ensured transparency, accuracy, and efficiency in financial management, benefiting both the property owners and residents. "We are thankful for this great partnership with Summit Knolls and are proud of the progress we've made over the past year," said Ami Notis, Vice President of Excelsior Communities. "Our team is dedicated to continuous improvement and we look forward to many more successful years ahead." Excelsior Communities remains committed to providing exceptional property management services and fostering positive living experiences for all residents. We are excited about the future and the continued growth and success of Summit Knolls. For more information about Excelsior Communities and our management services, please visit excelsiorcomm.com or contact our Vice President, Ami Notis . Excelsior Communities is a New York City-based company, with various affiliates having diverse holdings in the multifamily and healthcare real estate sectors in core markets across the US. The company is well recognized for its consistent, outstanding investment track record with a 50-year legacy, drawing upon its proven expertise from the firm's historical roots in the US and across the European continent. Contact: Cathy Craft, Marketing Coordinator marketing@excelsiorcomm.com (585) 244-7368 ext. 8100

In an exciting development, Excelsior Communities is thrilled to announce that Alta Brewers Hill has transformed into Axel Brewers Hill! This name change marks a new chapter in the history of our upscale urban community, as we continue to redefine luxury city living in Baltimore. Axel Brewers Hill is more than just a new name; it's a symbol of the elevated living experience we are committed to providing our residents. With this transformation, we invite you to join us on a journey filled with comfort, convenience, and a renewed sense of community. At Axel Brewers Hill, we are committed to providing modern luxury at its finest in the heart of the city. Our newly christened community is more than just a place to live; it's a destination where you can thrive, socialize, and create lasting memories.  For more information about Axel Brewers Hill, please visit our website at www.axelbrewershill.com, or contact our leasing office at (667) 677-9100to schedule a tour and experience the transformation firsthand. Excelsior Communities is a New York City-based company, with various affiliates having diverse holdings in the multifamily and healthcare real estate sectors in core markets across the US. The company is well recognized for its consistent, outstanding investment track record with a 50-year legacy, drawing upon its proven expertise from the firm's historical roots in the US and across the European continent. Contact: Cathy Craft, Marketing Coordinator marketing@excelsiorcomm.com (585) 244-7368 ext. 8100

Excelsior Communities is pleased to announce the addition of The Belvedere to their portfolio. The Belvedere is a 55 and older resort-style rental community that offers an active alternative to traditional senior living. Starting at 1,050 square feet, each apartment features open floor plans with 9-foot ceilings, full-size in-unit washer and dryer along with an oversized patio or balcony. The Belvedere is nestled in the suburbs of Buffalo, located along the Clarence and Williamsville border. Belvedere residents have ample access to shopping, dining, and entertainment experiences. Residents enjoy a full calendar of activities, including Paint and Sip events, day trips, and holiday festivities. The property features a fitness center with 24/7 access, fitness classes, an in-house Pub, which provides pool, drinks, and snacks with friends new and old. Whether you're enjoying a dip in the heated, saltwater outdoor pool or swinging your best shot at the indoor golf simulator, you can truly live life to the fullest at the Belvedere. Ami Notis, Regional Manager at Excelsior Communities says "We are thrilled to continue our expansion to the Buffalo market. We look forward to serving the 55+ community by improving their welfare through top-of-the-line service and amenities. We hope for this to be the first of many projects in this great market." Excelsior Communities is a Rochester-based company, with various affiliates having diverse holdings in the multifamily and healthcare real estate sectors in core markets across the US. The company currently manages eight housing communities in the Rochester area, with another two in Maryland. Excelsior is well recognized for its consistent, outstanding investment track record with a 50-year legacy, drawing upon its proven expertise from the firm's historical roots in Israel and across the European continent. Contact: Cathy Craft, Marketing Coordinator marketing@excelsiorcomm.com (585) 244-7368 ext. 8100

Excelsior Communities is pleased to announce the addition of the historic Medical Arts Building on Alexander Street to their portfolio. The building has a long-standing history in Rochester, built in 1929, and is currently a residential, commercial, and retail space. The Excelsior Communities team plans to transform the Art-Deco architectural structure into the only “Live, Work, Play” property in the Alexander & Park neighborhood. Tenants will be able to conveniently enjoy the best of the city of Rochester, right from their homes. In addition to the residential spaces that will be completely renovated, Excelsior Communities plans to revitalize the current commercial spaces to bring the property up to the company’s standards and will rename the space “The Deco at Medical Arts”. Ami Notis, Regional Manager at Excelsior Communities says “This is an exciting project for our team. We see real potential in this property and plan to bring something different to the East, Park & Alexander area. We’re looking forward to creating a true LIVE, WORK, PLAY space in this desirable part of downtown Rochester.” Excelsior Communities is a Rochester-based company, with various affiliates having diverse holdings in the multifamily and healthcare real estate sectors in core markets across the US. The company is well recognized for its consistent, outstanding investment track record with a 50-year legacy, drawing upon its proven expertise from the firm's historical roots in the United States and across the European continent. Contact: Katie MacAllister, Marketing Coordinator Marketing@ExcelsiorComm.com (585) 244-7368 ext. 8100

Excelsior Communities is pleased to announce the acquisition of the luxury apartment complex Alta Brewers Hill in Baltimore, Maryland. Built in 2020, Alta Brewers Hill is a 371-unit, high-end property located in the desirable Brewers Hill neighborhood of Baltimore City County. The property features pristine contemporary design throughout, with luxury amenities such as a resort-style pool, two fitness centers, cafe & lounge spaces, a social courtyard with grills, dog park & spa, Virtual Sports Center & much more. Alta Brewers Hill has an outstanding location right outside of the Baltimore metropolitan, with unbeatable access to the waterfront and nearby commuter routes. The property is nestled in the historical Brewers Hill neighborhood, which takes its name from the landmark breweries it was once home to. Excelsior Communities will be re-naming the property Aura Brewers Hill, as they continue to enhance the living experience for its residents. Ami Notis, Regional Manager at Excelsior Communities says “We are excited to acquire our second Baltimore-area property, continuing our company’s expansion into Maryland. We’re committed to maintaining our company’s mission of bringing quality apartments and a customer-focused management style to various regions around the country.” Excelsior Communities is a New York City-based company, with various affiliates having diverse holdings in the multifamily and healthcare real estate sectors in core markets across the US. The company is well recognized for its consistent, outstanding investment track record with a 50-year legacy, drawing upon its proven expertise from the firm's historical roots in the US and across the European continent. Contact: Katie MacAllister, Marketing Coordinator Marketing@ExcelsiorComm.com (585) 244-7368 ext. 8100