Resource Real Estate Opportunity REIT II, Inc. (“Opportunity REIT II”) announces that on January 26, 2015, Opportunity REIT II’s board of directors authorized cash distributions to the stockholders of record at the close of business each day in the period commencing January 30, 2015, through and including March 30, 2015.

The distributions will equal a daily amount of $0.00164384 per share of common stock. The February distributions are expected to be paid on February 27, 2015, and the March distributions are expected to be paid on March 31, 2015.

In addition, on February 19, 2015, Opportunity REIT II’s board of directors authorized a stock distribution of 0.005 shares of common stock per share to stockholders of record as of the close of business on March 31, 2015. The stock distribution will be issued on April 15, 2015.

About Resource Real Estate Opportunity REIT II

Resource Real Estate Opportunity REIT II, Inc. intends to acquire and operate a portfolio of multifamily real estate throughout the United States. Opportunity REIT II’s objectives are to provide capital preservation, current income and capital appreciation. Opportunity REIT II is sponsored by Resource Real Estate, Inc., a firm that specializes in direct real estate investments, commercial real estate lending and global real estate securities. Resource Real Estate is a wholly owned subsidiary of Resource America (NASDAQ: REXI).

All statements and information other than statements of historical fact included in this press release regarding strategy, future operations, financial position, estimated revenues, projected costs, prospects, plans and objectives of management are forward-looking statements. When used, the words "could," "believe," "anticipate," "intend," "estimate," "expect," "project" and similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain such identifying words. You should not place undue influence on these forward-looking statements. Although we believe that our plans, intentions and expectations reflected in or suggested by the forward-looking statements we make are reasonable, we can give no assurance that these plans, intentions or expectations will be achieved because of the number of risks and uncertainties, many of which are beyond our control, including but not limited to uncertainties concerning the properties being operated and sold or refinanced, leverage and meeting debt service obligations, operating properties in different locations throughout the U.S., general, market or business conditions and changes in laws or regulations. These cautionary statements qualify all forward-looking statements attributable to us or persons acting on our behalf.