Calvest Realty Advisors Inc.

Since 1992, CALVEST Realty Advisors has successfully invested in and developed select commercial and residential propertites throughout California. CALVEST provides investment advisory services to its real estate partners, and is the principal West Coast partner for Olympus Real Estate, a $3 Billion equity fund originally sponsored by Hicks, Muse, Tate & Furst, Inc. of Dallas, Texas. Since 1994 Olympus/CALVEST has successfully acquired or developed approximately $400 Million of Investment grade assets including 600,000 square feet of office space, 750 apartment units, 2,100 single family lots and approximatelly 650 single family homes. Since its inception, the Olympus/CALVEST investment/development portfolio has performed well, generating an IRR above 30%.