‣ Target underperforming multifamily and office assets in high quality West Coast submarkets

‣ Execute customized reposition, value-add and/or redevelopment strategies

‣ Deploy conservative financing with view towards locking in long term yield

‣ Target high quality, seasoned sponsors

‣ Provide 50-90% of GP capital required in exchange for share of GP economics

‣ Focus on new development and value-add opportunities in all major asset classes