Investment Partners

Investments partners for investments managed by Newport Coast Capital Management, LLC ("NCCM") or an NCCM affiliate include institutional investors and groups of high net worth individuals. ING Realty Partner has been a primary institutional investor.

ING Realty Partners has completed investments in over 30 different markets in every major property type. The group has acquired over $4 billion of real estate since 1993, in more than 160 transactions, and has sold more than $2 billion in real estate assets. ING Realty Partners, L.P., the first in a series of real estate opportunity funds to be managed by the company, closed its private offering in 1998 with $540 million in total capital commitments from 25 investors. These investors included foreign and domestic pension funds, life insurance companies, endowments, corporations and high net worth individuals. The group invested solely on behalf of ING Group prior to the formation of ING Realty Partners, L.P.