THE TRACK RECORD COMPANIES

Real estate agency; real estate acquisition for others; leasing of real estate; mortgage lending; securities brokerage; sponsorship of investment programs, namely, the initial financial sponsorship of various public and private placement offerings; financial and investment consulting and planning services; financial and real estate asset management; real estate management; real estate investment trust services; real estate securities services in the nature of security brokerage by an affiliate; real estate investment trust management services; real estate securities management services; real estate investment trust advisory services; real estate securities advisory services; real estate securities sponsorship services in the nature of initial financial sponsorship of various public and private placement offerings; and private placements of real estate securities for others