SILVER BAY REALTY TRUST

Silver Bay Realty Trust Corp. is a newly organized Maryland corporation focused on the acquisition, renovation, leasing and management of single-family properties for rental income and long-term capital appreciation. Silver Bay Realty Trust Corp. is a member of the National Rental Home Council (NRHC). The NRHC is a non-partisan organization dedicated to advocating on behalf of the single-family rental industry.