Current Holdings

No Debt Real Estate Investment Fund I

• Property
• Square Feet
• Type/Market
• Date Acquired
• Purchase Price
• West 6th
• 84,623
• Industrial Denver, CO
• Oct 2003
• $5,255,000
• Regal Row
• 37,743
• Industrial
  Dallas, TX
• June 2004
• $1,980,000
• TOTAL(s)
• 122,366
•  
•  
• $7,235,000

No Debt Real Estate Investment Fund II

• Property
• Square Feet
• Type/Market
• Date Acquired
• Purchase Price


• Airport
• 65,101
• Industrial
  Omaha, NE
• April 2006
• $3,550,000


• Corporate Center
• 59,699
• Industrial
  Kansas City, MO
• April 2006
• $1,980,000


• Commerce Drive
• 33,500
• Industrial
  Chicago, IL
• Aug 2006
• $2,755,000


• Crestside
• 46,364
• Industrial
  Dallas, TX
• May 2005
• $3,400,000


• Holste
• 93,093
• Industrial
  Chicago, IL
• Dec 2006
• $5,950,000


• Meadow Mart
• 158,723
• Retail
  Chicago, IL
• Dec 2005
• $8,525,000


• West State
• 93,973
• Retail
  Kansas City, KS
• Feb 2006
• $4,180,000
• TOTAL(s)
• 550,453
•  
•  
• $30,340,000

No Debt Real Estate Investment Fund III

• Property
• Square Feet
• Type/Market
• Date Acquired
• Purchase Price


• Park on Fuqua
• 56,604
• Retail
  Houston, TX
• July 2008
• $5,975,000


• Pinnacle Ridge
• 25,509
• Retail
  Minneapolis, MN
• May 2009
• $3,160,000


• Western Avenue
• 95,602
• Retail
  South Bend, IN
• Dec 2009
• $3,750,000
• Lamar Gateway
• 55,624
• Retail
  Austin, TX
• December 2010
• $6,950,000
• Bridgewood Plaza
• 53,423
• Retail
  Des Moines, IA
• July 2011
• $4,700,000
• TOTAL(s)
• 286,762
•  
•  
• $24,535,000

Distressed Real Estate & Debt Opportunities Fund

• Property
• Square Feet
• Type Market
• Date Acquired
• Purchase Price


• Stoney Pointe Plaza
• 33,000
• Retail
  Des Moines, IA
• October 2009
• $1,400,000


• Village Green Shopping Center
• 121,640
• Retail
  Lincolnshire, IL
• November 2010
• $12,000,000


• Dixie Valley Shopping Center
• 119,364
• Retail
  Louisville, KY
• December 2010
• $3,300,000


• Fountain Village Shopping Center
• 37,365
• Retail
  DeSoto, TX
• March 2011
• $1,200,000



• Renewal Medical Center
• 38,586
• Medical Office
  Denver, CO
• September 2011
• $6,000,000



• TOTAL(s)
• 349,955
•  
•  
• $23,900,000

Single Asset Holdings

• Property
• Square Feet
• Type Market
• Date Acquired
• Purchase Price


• Northwest Village
• 195,351
• Retail
  Houston, TX
• July 2007
• $22,000,000


• University Plaza
• 133,252
• Retail
  Peoria, IL
• July 2007
• $10,500,000


• Northaven
• 151,388
• Industrial
  Dallas, TX
• July 2007
• $7,600,000


• Lafayette Marketplace
• 214,876
• Retail
  Lafayette, IN
• April 2008
• $23,000,000
• TOTAL(s)
• 694,867
•  
•  
• $63,100,000

OVERALL TOTAL(s)

•  
• Square Feet
•  
•  
• Purchase Price
•  
• 2,004,403
•  
•  
• $149,110,000