NATURE OF BUSINESS AND OPERATIONS Resource Real Estate Opportunity REIT II, Inc. (the  Company ) was organized in Maryland on September 28, 2012 . The Company is offering up to 100,000,000 shares of common stock in its primary initial public offering for $10 per share, with volume discounts available to investors who purchase $1,000,000 or more of shares through the same participating broker-dealer. Discounts are also available for other categories of investors. The Company is also offering up to 10,000,000 shares pursuant to the Company s distribution reinvestment plan at a purchase price initially equal to $9.50 per share. The Company has adopted a fiscal year ending December 31. On February 6, 2014 , the Securities and Exchange Commission (the  SEC ) declared effective the Company's Registration Statement on Form S-11, as amended (Commission File No. 333-184476) (the  Registration Statement ), relating to the offering of up to 110,000,000 shares of the Company s common stock, including shares offered pursuant to the Company's distribution reinvestment plan. Resource Real Estate Opportunity Advisor II, LLC (the "Advisor ) is a wholly owned subsidiary of Resource Real Estate, Inc. (the "Sponsor") and an indirect wholly owned subsidiary of Resource America, Inc. ( RAI ), a publicly traded company (NASDAQ: REXI) operating in the real estate, financial fund management and commercial finance sectors. The Advisor acts as the Company's external advisor and manages the Company's day-to-day operations and its portfolio of real estate investments and provides asset-management, marketing, investor relations and other administrative services on the Company's behalf, all subject to the supervision of the Company's Board of Directors. On October 9, 2012 , the Advisor contributed $200,000 to the Company in exchange for 20,000 shares of common stock. On December 20, 2013 , the Advisor received 50,000 shares of convertible stock in exchange for 5,000 shares of the Company s common stock. The Advisor purchased an additional 117,