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OCEANFIRST FINANCIAL CORP Major Shareholding Notification 2021

Feb 10, 2021

32218_mrq_2021-02-10_b774fd15-38e8-494c-830e-7660133e4faa.zip

Major Shareholding Notification

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SC 13G/A 1 eps9440_ocfc.htm Field: Rule-Page

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

SCHEDULE 13G

Under the Securities Exchange Act of 1934

**(Amendment No. 1) ***

OceanFirst Financial Corp (OCFC)
(Name of Issuer)
Common Stock
(Title of Class of Securities)
675234108
(CUSIP Number)
12/31/2020
(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

Rule 13d-1(b)
Rule 13d-1(c)
Rule 13d-1(d)
  • The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page.

The information required in the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

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CUSIP No. 675234108 Page 2 of 17

1 NAME OF REPORTING PERSONS I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY) FJ Capital Management
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) ☑ (b) ☐
3 SEC USE ONLY
4 CITIZENSHIP OR PLACE OF ORGANIZATION Delaware
NUMBER OF SHARES 5 SOLE VOTING POWER
BENEFICIALLY OWNED BY 6 SHARED VOTING POWER 2,741,209 (1)
EACH REPORTING 7 SOLE DISPOSITIVE POWER
PERSON WITH: 8 SHARED DISPOSITIVE POWER 1,933,221 (2)
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 2,741,209 (1)
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 9 EXCLUDES CERTAIN
SHARES
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 4.54%
12 TYPE OF REPORTING PERSON IA

(1) Consists of 1,631,669 shares of common stock of the Issuer held by Financial Opportunity Fund LLC and 52,103 shares of common stock of the Issuer held by Financial Opportunity Long/Short Fund LLC, of which FJ Capital Management LLC is the managing member, 797,633 shares of common stock of the Issuer held by Bridge Equities III, LLC and 10,355 shares of common stock of the Issuer held by Bridge Equities XI LLC, of which FJ Capital Management LLC is the sub-investment advisor, and 249,449 shares of common stock of the Issuer held by managed accounts that FJ Capital Management manages; as such, the Reporting Person may be deemed to be a beneficial owner of reported shares but as to which the Reporting Person disclaims beneficial ownership.

(2) Consists of 1,631,669 shares of common stock of the Issuer held by Financial Opportunity Fund LLC and 52,103 shares of common stock of the Issuer held by Financial Opportunity Long/Short Fund LLC, of which FJ Capital Management LLC is the managing member, and 249,449 shares of common stock of the Issuer held by managed accounts that FJ Capital Management manages; as such, the Reporting Person may be deemed to be a beneficial owner of reported shares but as to which the Reporting Person disclaims beneficial ownership.

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CUSIP No. 675234108 Page 3 of 17

1 NAME OF REPORTING PERSONS I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY) Financial Opportunity Fund LLC
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) ☑ (b) ☐
3 SEC USE ONLY
4 CITIZENSHIP OR PLACE OF ORGANIZATION Delaware
NUMBER OF SHARES 5 SOLE VOTING POWER
BENEFICIALLY OWNED BY 6 SHARED VOTING POWER 1,631,669 (1)
EACH REPORTING 7 SOLE DISPOSITIVE POWER
PERSON WITH: 8 SHARED DISPOSITIVE POWER 1,631,669 (1)
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,631,669 (1)
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 9 EXCLUDES CERTAIN
SHARES
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 2.70%
12 TYPE OF REPORTING PERSON OO

(1) Consists of 1,631,669 shares of common stock of the Issuer held by Financial Opportunity Fund, LLC.

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CUSIP No. 675234108 Page 4 of 17

1 NAME OF REPORTING PERSONS I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY) Financial Opportunity Long/Short Fund LLC
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) ☑ (b) ☐
3 SEC USE ONLY
4 CITIZENSHIP OR PLACE OF ORGANIZATION Delaware
NUMBER OF SHARES 5 SOLE VOTING POWER
BENEFICIALLY OWNED BY 6 SHARED VOTING POWER 52,103 (1)
EACH REPORTING 7 SOLE DISPOSITIVE POWER
PERSON WITH: 8 SHARED DISPOSITIVE POWER 52,103 (1)
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 52,103 (1)
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 9 EXCLUDES CERTAIN
SHARES
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 0.09%
12 TYPE OF REPORTING PERSON OO

(1) Consists of 52,103 shares of common stock of the Issuer held by Financial Opportunity Long/Short Fund, LLC.

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CUSIP No. 675234108 Page 5 of 17

1 NAME OF REPORTING PERSONS I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY) Martin Friedman
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) ☑ (b) ☐
3 SEC USE ONLY
4 CITIZENSHIP OR PLACE OF ORGANIZATION United States
NUMBER OF SHARES 5 SOLE VOTING POWER
BENEFICIALLY OWNED BY 6 SHARED VOTING POWER 2,741,209 (1)
EACH REPORTING 7 SOLE DISPOSITIVE POWER
PERSON WITH: 8 SHARED DISPOSITIVE POWER 1,933,221 (2)
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 2,741,209 (1)
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 9 EXCLUDES CERTAIN
SHARES
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 4.54%
12 TYPE OF REPORTING PERSON IN

(1) Consists of 1,631,669 shares of common stock of the Issuer held by Financial Opportunity Fund LLC and 52,103 shares of common stock of the Issuer held by Financial Opportunity Long/Short Fund LLC, of which FJ Capital Management LLC is the managing member, 797,633 shares of common stock of the Issuer held by Bridge Equities III, LLC and 10,355 shares of common stock of the Issuer held by Bridge Equities XI LLC, of which FJ Capital Management LLC is the sub-investment advisor, and 249,449 shares of common stock of the Issuer held by managed accounts that FJ Capital Management manages. Martin Friedman is the Managing Member of FJ Capital Management LLC; as such, Mr. Friedman may be deemed to be a beneficial owner of reported shares but as to which Mr. Friedman disclaims beneficial ownership.

(2) Consists of 1,631,669 shares of common stock of the Issuer held by Financial Opportunity Fund LLC and 52,103 shares of common stock of the Issuer held by Financial Opportunity Long/Short Fund LLC, of which FJ Capital Management LLC is the managing member, and 249,449 shares of common stock of the Issuer held by managed accounts that FJ Capital Management manages. Martin Friedman is the Managing Member of FJ Capital Management LLC; as such, Mr. Friedman may be deemed to be a beneficial owner of reported shares but as to which Mr. Friedman disclaims beneficial ownership.

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CUSIP No. 675234108 Page 6 of 17

1 NAME OF REPORTING PERSONS I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY) Bridge Equities III, LLC
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) ☑ (b) ☐
3 SEC USE ONLY
4 CITIZENSHIP OR PLACE OF ORGANIZATION Delaware
NUMBER OF SHARES 5 SOLE VOTING POWER
BENEFICIALLY OWNED BY 6 SHARED VOTING POWER 797,633 (1)
EACH REPORTING 7 SOLE DISPOSITIVE POWER
PERSON WITH: 8 SHARED DISPOSITIVE POWER 797,633 (1)
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 797,633 (1)
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 9 EXCLUDES CERTAIN
SHARES
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 1.32%
12 TYPE OF REPORTING PERSON OO

(1) Consists of 797,633 shares of common stock of the Issuer held by Bridge Equities III, LLC.

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CUSIP No. 675234108 Page 7 of 17

1 NAME OF REPORTING PERSONS I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY) Bridge Equities XI, LLC
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) ☑ (b) ☐
3 SEC USE ONLY
4 CITIZENSHIP OR PLACE OF ORGANIZATION Delaware
NUMBER OF SHARES 5 SOLE VOTING POWER
BENEFICIALLY OWNED BY 6 SHARED VOTING POWER 10,355 (1)
EACH REPORTING 7 SOLE DISPOSITIVE POWER
PERSON WITH: 8 SHARED DISPOSITIVE POWER 10,355 (1)
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 10,355 (1)
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 9 EXCLUDES CERTAIN
SHARES
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 0.02%
12 TYPE OF REPORTING PERSON OO

(1) Consists of 10,355 shares of common stock of the Issuer held by Bridge Equities XI, LLC.

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CUSIP No. 675234108 Page 8 of 17

1 NAME OF REPORTING PERSONS I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY) SunBridge Manager, LLC
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) ☑ (b) ☐
3 SEC USE ONLY
4 CITIZENSHIP OR PLACE OF ORGANIZATION Delaware
NUMBER OF SHARES 5 SOLE VOTING POWER
BENEFICIALLY OWNED BY 6 SHARED VOTING POWER 807,988 (1)
EACH REPORTING 7 SOLE DISPOSITIVE POWER
PERSON WITH: 8 SHARED DISPOSITIVE POWER 807,988 (1)
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 807,988 (1)
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 9 EXCLUDES CERTAIN
SHARES
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 1.34%
12 TYPE OF REPORTING PERSON OO

(1) Consists of 797,633 shares of common stock of the Issuer held by Bridge Equities III, LLC and 10,355 shares of common stock of the Issuer held by Bridge Equities XI LLC, of which SunBridge Manager, LLC is the Managing Member; as such, the Reporting Person may be deemed to be a beneficial owner of reported shares.

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CUSIP No. 675234108 Page 9 of 17

1 NAME OF REPORTING PERSONS I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY) SunBridge Holdings, LLC
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) ☑ (b) ☐
3 SEC USE ONLY
4 CITIZENSHIP OR PLACE OF ORGANIZATION Delaware
NUMBER OF SHARES 5 SOLE VOTING POWER
BENEFICIALLY OWNED BY 6 SHARED VOTING POWER 807,988 (1)
EACH REPORTING 7 SOLE DISPOSITIVE POWER
PERSON WITH: 8 SHARED DISPOSITIVE POWER 807,988 (1)
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 807,988 (1)
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 9 EXCLUDES CERTAIN
SHARES
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 1.34%
12 TYPE OF REPORTING PERSON OO

(1) Consists of 797,633 shares of common stock of the Issuer held by Bridge Equities III, LLC and 10,355 shares of common stock of the Issuer held by Bridge Equities XI LLC, of which SunBridge Manager, LLC is the Managing Member. SunBridge Holdings, LLC is the Managing Member of SunBridge Manager, LLC; as such, the Reporting Person may be deemed to be a beneficial owner of reported shares but as to which the Reporting Person disclaims beneficial ownership.

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CUSIP No. 675234108 Page 10 of 17

1 NAME OF REPORTING PERSONS I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY) Realty Investment Company, Inc.
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) ☑ (b) ☐
3 SEC USE ONLY
4 CITIZENSHIP OR PLACE OF ORGANIZATION Maryland
NUMBER OF SHARES 5 SOLE VOTING POWER
BENEFICIALLY OWNED BY 6 SHARED VOTING POWER 807,988 (1)
EACH REPORTING 7 SOLE DISPOSITIVE POWER
PERSON WITH: 8 SHARED DISPOSITIVE POWER 807,988 (1)
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 807,988 (1)
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 9 EXCLUDES CERTAIN
SHARES
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 1.34%
12 TYPE OF REPORTING PERSON CO

(1) Consists of 797,633 shares of common stock of the Issuer held by Bridge Equities III, LLC and 10,355 shares of common stock of the Issuer held by Bridge Equities XI LLC, of which SunBridge Manager, LLC is the Managing Member. SunBridge Holdings, LLC is the Managing Member of SunBridge Manager, LLC. Realty Investment Company, Inc. is the Manager of SunBridge Holdings, LLC; as such, the Reporting Person may be deemed to be a beneficial owner of reported shares but as to which the Reporting Person disclaims beneficial ownership.

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CUSIP No. 675234108 Page 11 of 17

Item 1(a). Name of Issuer:
OceanFirst Financial Corp
Item 1(b). Address of Issuer’s Principal Executive Offices:
975 Hooper Ave
Toms River, NJ 08753
Item 2(a). Name of Person Filing:
This Schedule 13G is being filed on behalf of the following Reporting
Persons: Financial Opportunity Fund LLC Financial Opportunity Long/Short Fund LLC Bridge Equities III, LLC Bridge Equities XI, LLC FJ Capital Management LLC Martin Friedman SunBridge Manager, LLC SunBridge Holdings, LLC Realty Investment Company, Inc
Item 2(b). Address of Principal Business Office or, if None, Residence:
FJ Capital Management, LLC 1313 Dolley Madison Blvd, Ste 306 McLean, VA 22101 Financial Opportunity Fund LLC 1313 Dolley Madison Blvd., Ste 306 McLean, VA 22101 Financial Opportunity Long/Short Fund LLC 1313 Dolley Madison Blvd., Ste 306 McLean, VA 22101 Martin Friedman 1313 Dolley Madison Blvd., Ste 306 McLean, VA 22101 Bridge Equities III, LLC 8171 Maple Lawn Blvd, Suite 375 Fulton, MD 20759 Bridge Equities XI, LLC 8171 Maple Lawn Blvd, Suite 375 Fulton, MD 20759 SunBridge Manager, LLC 8171 Maple Lawn Blvd, Suite 375 Fulton, MD 20759

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CUSIP No. 675234108 Page 12 of 17

Item 2(c). Citizenship:
Financial Opportunity Fund LLC, Financial Opportunity Long/Short
Fund LLC, Bridge Equities III, LLC, Bridge Equities XI, LLC, and FJ Capital Management LLC, SunBridge Manager, LLC, SunBridge Holdings,
LLC – Delaware limited liability companies Martin Friedman – United States citizen Realty Investment Company, Inc – Maryland corporation
Item 2(d). Title of Class of Securities:
Common Stock
Item 2(e). CUSIP Number:
675234108
Item 3. If This Statement is Filed Pursuant to §§240.13d-1(b), or 240.13d-2(b) or (c), Check Whether the Person Filing is a:
(a) Broker or dealer registered under Section 15 of the Act (15 U.S.C. 78o).
(b) Bank as defined in Section 3(a)(6) of the Act (15 U.S.C. 78c).
(c) Insurance company as defined in Section 3(a)(19) of the Act (15 U.S.C. 78c).
(d) Investment company registered under Section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8).
(e) An investment adviser in accordance with §240.13d-1(b)(1)(ii)(E);
(f) An employee benefit plan or endowment fund in accordance with §240.13d-1(b)(1)(ii)(F);
(g) A parent holding company or control person in accordance with §240.13d-1(b)(ii)(G);
(h) A savings association as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);

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CUSIP No. 675234108 Page 13 of 17

(i) A church plan that is excluded from the definition of an investment company under Section 3(c)(14) of the Investment Company Act (15 U.S.C. 80a-3);
(j) Group, in accordance with §240.13d-1(b)(1)(ii)(J).
Item 4.
Provide the following information regarding the aggregate number and percentage of the class of securities of the issuer identified in Item 1.
(a) Amount beneficially owned:
FJ Capital Management LLC – 2,741,209 shares Financial Opportunity Fund LLC – 1,631,669 shares Financial Opportunity Long/Short Fund LLC – 52,103 shares Martin Friedman – 2,741,209 shares Bridge Equities III, LLC – 797,633 shares Bridge Equities XI, LLC – 10,355 shares SunBridge Manager, LLC – 807,988 shares SunBridge Holdings, LLC - 807,988 shares Realty Investment Company, Inc – 807,988 shares
(b) Percent of class:
FJ Capital Management LLC – 4.54% Financial Opportunity Fund LLC – 2.7% Financial Opportunity Long/Short Fund LLC – 0.09% Martin Friedman – 4.54% Bridge Equities III, LLC – 1.32% Bridge Equities XI, LLC – 0.02% SunBridge Manager, LLC – 1.34% SunBridge Holdings, LLC – 1.34% Realty Investment Company, Inc – 1.34%
(c) Number of shares as to which such person has:
(i) Sole power to vote or to direct the vote
All Reporting Persons - 0
(ii) Shared power to vote or to direct the vote
FJ Capital Management LLC – 2,741,209 shares Financial Opportunity Fund LLC – 1,631,669 shares Financial Opportunity Long/Short Fund LLC – 52,103 shares Martin Friedman – 2,741,209 shares Bridge Equities III, LLC – 797,633 shares Bridge Equities XI, LLC – 10,355 shares SunBridge Manager, LLC – 807,988 shares SunBridge Holdings, LLC - 807,988 shares Realty Investment Company, Inc – 807,988 shares

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CUSIP No. 675234108 Page 14 of 17

(iii) Sole power to dispose or to direct the disposition of
All Reporting Persons – 0
(iv) Shared power to dispose or to direct the disposition of
FJ Capital Management LLC – 1,933,221shares Financial Opportunity Fund LLC – 1,631,669 shares Financial Opportunity Long/Short Fund LLC – 52,103 shares Martin Friedman – 1,933,221shares Bridge Equities III, LLC – 797,633 shares Bridge Equities XI, LLC – 10,355 shares SunBridge Manager, LLC – 807,988 shares SunBridge Holdings, LLC - 807,988 shares Realty Investment Company, Inc – 807,988 shares
Item 5. Ownership of Five Percent or Less of a Class.
If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following ☑
Item 6. Ownership of More than Five Percent on Behalf of Another Person.
N/A.
Item 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
N/A
Item 8. Identification and Classification of Members of the Group.
Due to the relationships among them, the reporting persons hereunder may be deemed to constitute a “group” with one another for purposes of Section 13(d)(3) of the Securities Exchange Act of 1934.
Item 9. Notice of Dissolution of Group.
N/A
Item 10. Certification.
By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having such purpose or effect.

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CUSIP No. 675234108 Page 15 of 17

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

Date: 2/2/2021 Financial Opportunity Fund LLC By: FJ Capital Management LLC, its Managing Member By: /s/ Martin Friedman Name: Martin Friedman Title: Managing Member Financial Opportunity Long/Short Fund LLC By: FJ Capital Management LLC, its Managing Member By: /s/ Martin Friedman Name: Martin Friedman Title: Managing Member FJ Capital Management LLC By: /s/ Martin Friedman Name: Martin Friedman Title: Managing Member /s/ Martin Friedman MARTIN FRIEDMAN

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CUSIP No. 675234108 Page 16 of 17

Bridge Equities III, LLC By: SunBridge Manager, LLC, its Managing Member By: /s/ Christine A. Shreve Name: Christine A. Shreve Title: Manager Bridge Equities XI, LLC By: SunBridge Manager, LLC, its Managing Member By: /s/ Christine A. Shreve Name: Christine A. Shreve Title: Manager SunBridge Manager, LLC By: SunBridge Holdings, LLC, its Managing Member By: /s/ Christine A. Shreve Name: Christine A. Shreve Title: President
SunBridge Holdings, LLC By: Realty Investment Company, Inc., its Manager By: /s/ Christine A. Shreve Name: Christine A. Shreve Title: President realty investment company, inc. By: /s/ Christine A. Shreve Name: Christine A. Shreve Title: President

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CUSIP No. 675234108 Page 17 of 17

Joint Filing Agreement

The undersigned agree that this Schedule 13G, and all amendments thereto, relating to the Common Stock OceanFirst Financial Corp (OCFC) shall be filed on behalf of the undersigned.

FINANCIAL OPPORTUNITY FUND LLC By: FJ Capital Management, LLC By: /s/ Martin Friedman Name: Martin Friedman Title: Managing Member Financial Opportunity Long/Short Fund LLC By: FJ Capital Management, LLC By: /s/ Martin Friedman Name: Martin Friedman Title: Managing Member FJ CAPITAL MANAGEMENT LLC By: /s/ Martin Friedman Name: Martin Friedman Title: Managing Member /s/ Martin Friedman MARTIN FRIEDMAN BRIDGE EQUITIES XI, LLC By: SunBridge Manager, LLC, its Managing Member By: /s/ Christine A. Shreve Name: Christine A. Shreve Title: Manager BRIDGE EQUITIES III, LLC By: SunBridge Manager, LLC, its Managing Member By: /s/ Christine A. Shreve Name: Christine A. Shreve Title: Manager SUNBRIDGE MANAGER, LLC By: SunBridge Holdings, LLC, its Managing Member By: /s/ Christine A. Shreve Name: Christine A. Shreve Title: President SUNBRIDGE HOLDINGS, LLC By: Realty Investment Company, Inc., its Manager By: /s/ Christine A. Shreve Name: Christine A. Shreve Title: President REALTY INVESTMENT COMPANY, INC. By: /s/ Christine A. Shreve Name: Christine A. Shreve Title: President