On June 27, 2017, Kevin M. Finkel notified the board of directors of Resource Real Estate Opportunity REIT, Inc. of his resignation as Chief Operating Officer and President of the Company, effectively immediately. Mr. Finkel’s resignation is not due to any disagreement with the Company, its advisor or any of their affiliates. On June 28, 2017, the board of directors appointed George E. Carleton to serve as the Company’s Chief Operating Officer and President. Mr. Carleton has served as a director of Resource Real Estate Opportunity REIT II, Inc. since September 2016. He has also served as Chief Operating Officer and President of Resource Real Estate Opportunity REIT II, Inc., Resource Apartment REIT III, Inc. and Resource Income & Opportunity REIT, Inc. and President of Resource Real Estate Opportunity Advisor, LLC since June 2017 as well as an Executive Vice President of Resource America, Inc. since September 2016. Mr. Carleton is an Executive Managing Director of Island Capital Group LLC (“Island”), which he joined when the company was formed in 2003.