s vs. ACC construction (ACC accounts for 13.7% of all 2017 development deliveries in their markets, up from 5.1% in 2016) Sew • DettlehO &•*. 000 \ Orly St Thomson Deutsche Bank Securities Inc. Page 21 CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0092241 CONFIDENTIAL SDNY_GM_00238425